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Suppose we want to determine the (binomial) probability(p) of getting 4 heads in 15 flips of a 2-sided coin. Using the Binomial Probabilities Table in Appendix B of the text, what values of n, x and p would we use to look up this probability, and what would be the probability?
For the table that follows, answer the following questions:
x
y
1
-3
2
-2
3
-1
4
Would the correlation between x and y in the table above be positive or negative?Find the missing value of y in the table.How would the values of this table be interpreted in terms of linear regression?If a "line of best fit" is placed among these points plotted on a coordinate system, would the slope of this line be positive or negative?
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Caselet on McDonald’s vs. Burger King - Waiting time
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Estimate the population mean
Conduct a marketing experiment in which students are to taste one of two different brands of soft drink
Find out the probability
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