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A local consumer reporter wants to compare the average costs of grocery items purchased at three different supermarkets, A, B, and C. Prices (in dollars) were recorded for a sample of 60 randomly selected grocery items at each of the three supermarkets. In order to reduce item-to-item variation, the prices were recorded for each item on the same day at each supermarket.
Identify the dependent (response) variable for this experiment.
a) the supermarkets
b) the prices of the grocery items
c) the mean prices of the grocery items at each supermarket
d) the grocery items
Using a 1% level of significance, can we say that there is a difference in the average waiting time between the two shops? Find the critical value(s).
Explain your answer to someone who is familiar with the T test for a single sample, but not with the T test independent means.
Which of given is the correct decision statement for test?
If the population is normally distributed then the sample mean is also normally distributed even for small sample size.
Suppose the time necessary to process an application for a license plate for a newly purchased vehicle is normally distributed with mean of 6 minutes and standard deviation of 1.5 minutes.
Using a significance test, evaluate whether or not there has been a change in the percent of Internet users who download music. Provide all details for the test. (Round your value for z to two decimal places. Round your P-value to four decimal pla..
For these 4 questions below what would be the independent and dependent variables, the level of measurement and whether or not the variable is discrete or continuous.
Does the regression equation account for a significant portion of the variance in GPA? Use ∝ = .05 to evaluate the F - ratio.
The average cost of repairing a VCR is $80 with a standard deviation of 19. if one VCR is repaired, find the probability the cost is between 70 and 90.
A recent study of 50 self-service gasoline stations in the Greater Cincinnati' Northern Kentucky metropolitan area revealed that the mean price of unleaded gas was $2.029 per gallon. The sample standard deviation was $0.03 per gallon.
A production process manufacturers alternators. On the average, 1% of the alternators will not perform properly when tested in the plant. When a large shipment of alternators is received at the plant
Suppose you want to sell your house and you have decided to accept the first offer exceeding M dollars, say. Assume that the offers are i.i.d. with common distribution F. Find the expected number of offers received before selling the house.
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