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Your question: Considering that a researcher can test at the <p = .05 (95%), p = .01 (99%), or p = .001 (99.9%) level for statistical significance, how do you use these three levels in relationship to evaluate risk to patients in implementing the decisions based on research findings?
A certain airplane has two independent alternators to provide electrical power. The probability that a given alternator will fail on a 1-hour flight is .02. What is the probability that:
One reads that a business school graduate with an undergraduate degree earns more than a high school graduate with no additional education, and a person with a master's degree or a doctorate earns even more.
We are interested in determining whether or not the opinions of the individuals (as to Yes, No, and No Opinion) are uniformly distributed.
Approximately what percentage of the manufacturer's batteries will last between 40 months and 80 months? suppose your battery lasts 37 months. What could you infer about the manufacturer's claim?
Most of the time managers will have initial (or prior) knowledge of the probabilities that an event or outcome will result. When new information is obtained, initial probability projections can be revised and improved. What statistical techniques ..
How many observations were in the original data set? In the bottom row of the stem and leaf display identify the stem the leaves and the numbers in the original data set represented by this stem and its leaves.
Find the P-value that would be used to determine if the percentage of customers who prefer mint chocolate chip ice has increased at a 5% level of significance.
Under the assumption that co payment amounts are normally distributed, find a 99% confidence interval for the mean amount in dollars.
A population is normally distributed with the mean of 100 and a standard deviation of Would it be unusual for mean of sample of 3 to be 115 or more? Why or why not?
The distribution of amounts spent is approximately normal with a standard deviation of $10. Compute the probability of selecting a credit card customer at random and finding the customer charged between $70 and $83.
There are twelve months. Given the cohort of 100 which starts the program, about how many are left after twelve months?
The heights of 40 randomly selected people and the heights of their mothers are recorded. Statdisk is used to run a linear correlation and regression analysis. The partial results are provided below:
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