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Imagine a regression with YEAR (as in 2015 or 2001) predicting SALES (in thousands of dollars) as so:
SALES = 100 + 0.5*YEAR
And YEAR is statistically significant. What should you predict SALES to be in 2020? Express your answer as SALES does: in thousands of dollars.
Problem 1: Estimate the area of the colored region (in orange) by Monte-Carlo simulation with 5000 replications given the distances shown in the figure below.
What is the equivalent cash price if money is worth 5.75% compounded semi-annually?
Is the mean of the sampling distribution of d‾ always 0? If so, explain why. If not, explain what it means about the population when it is 0.
If a random sample of 8 adults is selected from the city, find the probability that exactly 3 adults respond that they enjoy using public transportation.
suppose that the waiting time for a license plate renewal at a local office of a state motor vehicle department has
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Then in a fourth array the name arranged as last name followed by a comma and a space followed by the first name and a space followed by the middle name.
Suppose 3 points are picked at random from 10 points equally spaced around the circumference of a circle.
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What percentage of drivers have a reaction time more than 1.88 seconds? What percentage of drivers have a reaction time less than 1.46 seconds?
The sample of 200 voters and tests Ho: P=0.5 versus H1:P(not equal)0.5 at 5% level. What is the power of the test if the true value of P is 0.55?
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