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Question: Continuing the previous exercise, use the normal approximation to the binomial to answer each of the questions posed in parts a through f. How well does the normal approximation perform in this case? Explain.
you want to give a bonus to the top 5 of your sales people and extra special attention to the bottom 25. average sales
Explain in plain language why a signi?cance test that is signi?cant at the 1% level must always be signi?cant at the 5% level.
probability plays a crucial and important role in many things industries recreation etc. lets see how many we can think
let x be a binomial random variable with p0.5 and n10. calculate the following probabilities from the binomial
Write down time-dependent ordinary differential equations for this Markov chain and construct the steady-state equations.
Determine the p-value and interpret its meaning and what assumptions do you have to make about the two populations in order to justify the use of the t test?
suppose 1657 of 2006 registered voters sampled said they planned to vote for the republican candidate for president.
Using data on average school grade for first use. Use the t test to conduct a one-tailed test of the null hypothesis, assuming that the average grade is higher for males than for females
Is the mean list price of a house lower if there are 3 bedrooms compared to 4 bedrooms? To answer this question we will construct a confidence interval and hypothesis test.
What proportion of the population would be expected to have IQs of 110 or higher?- How many would you expect to have IQs of 110 or higher?
the probabilities of two events x and y are 0.4 and 0.6 respectively. the conditional probabilities of three other
An airline estimates that 92% of people booked on their flights actually show up. If the airline books 76 people on a flight, find the propability that exactly 73 people will show up. for which the maximum number is 74, what is the probability tha..
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