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Florida has played a key role in recent presidential elections.Voter registration records show that 41% of Florida voters are registered as Democrats and 37% as Republicans. (Most of the others did not choose a party.)
To test a random digit dialing device, you use it to call 250 randomly chosen residential telephones in Florida. Of the registered voters contacted, 33% are registered Democrats. Is each of the boldface numbers a parameter or a statistic?
Write down the advantages and disadvantages of using computer software for decision making.
What is the role of theory in research proposals? What are the elements of a study plan? Where might a beginning researcher lose logical flow among elements in a study plan? Why might that happen?
Book inventory Record information - Ratio, interval, nominal or ordinal.
A random sample of 41 basketball players from The Official NBA Basketball Encyclopedia gave the sample standard deviation for player height as s=3.32 inches.
Develop null and alternative hypotheses to help the bank determine which option would provide the best incentive to consumers.
"What is the five-step process for hypothesis testing? Is the order important? Why or why not?"
The following problem develop the concept of determining the probability distribution of random variable and its mean and variance.
A soft-drink manufacturer claims that its 12-ounce cans do not contain, on average, more than 30 calories. A random sample of 16 cans of this soft drink, which were checked for calories
Compute the z score for the data company. Considering the altman model, comment on the likelihood that this firm will experience financial failures.
Make for more scatter plots comparing GDP growth 1970-2000 to corruption, political rights, rule of law, and socio-political instability
Based on the empirical data determine the following probabilities:
The quality control process at a manufacturing plant requires that each lot of finished units be sampled for defective items. Twenty units from each lot are inspected.
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