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1. Determine whether the sampling method is independent or dependent for the following example. A researcher wants to know whether the newly issued "state" quarters have a mean weight that is different from "traditional" quarters. He randomly selects 18 "state" quarters and 16 "traditional" quarters. Their weights are compared.
2. Determine whether the sampling method is independent or dependent for the following example. A researcher wants to know whether the price of a one night stay at a Holiday Inn Express Hotel is less than the price of a one night stay at a Red Roof Inn Hotel. She randomly selects 8 towns where the location of the hotels is close to each other and determines the price of a one night stay.
3. Dependent samples are often referred to as matched pairs samples. For example, we have decided to lose weight in a Watch Watchers class so all of us weigh in at the beginning of class and follow a prescribed diet. Then we weigh in at the end of class and the means score are compared before and after the diet. Hopefully, we have lost some weight. The scores should show a significant difference. Provide another example of a matched pairs sample.
How many participants would be required to ensure that a 95% confidence interval for the mean difference in the number of drinks is within two drinks of the true mean? Assumed that the standard deviation of the difference in the mean number of dri..
An internal study by the Technology Services department at Lahey Electronics revealed company employees receive an average of two emails per hour. Suppose the arrival of these emails is approximated by the Poisson distribution.
Can you envision circumstances under which these outcomes would not be normally distributed? Provide three distinct examples of the business outcomes that are not normally distributed.
let the number of trials be n = 3, and let the probability of success be p = 0.0228. Use a calculator to compare:
Upon reviewing the accounting records from the restaurant, you discover that it grosses roughly $3000 per day on 6 out of 10 days. Determine the estimated probability that the restaurant will gross over $3000:
The researchers planned to use simple linear regression to see if the age at which a baby was first able to crawl could be predicted from the average outdoor temperature six months after each baby's birthdate.
The Price-to-Earnings ratio (P/E) of a publicly listed profit-making company is defined as the ratio of the stock price of the company to the earnings per share.
What are the endpoints of a 95 percent confidence interval for the proportion defective. (Round your answers to 3 decimal places).
At the .01 significance level can we conclude the mean age is more than 8.4 years for the cars of university students? Compute the value of the test statistic.
A random sample of 10 shafts has an average diameter of 0.2545 inches. a) Construct a 99% confidence interval of the true mean
A large bakery buys flour in 25-pound bags. The bakery uses an average of 4,860 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag.
A simple random sample of 50 adults is obtained, and each person's red blood cell count (in cells per micro-liter) is measured. The sample mean is 5.23. The population standard deviation for red blood cell counts is 0.54.
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