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The regression equation Credits = 15.4 - .07 Work was fitted from a sample of 21 statistics students. Credits is the number of college credits taken and Work is the number of hours worked per week at an outside job.
A) Interpret the slope.B) Is the intercept meaningful? Explain.C) Make a prediction of Credits when Work = 0 and when Work = 40. What do these predictions tell you?
The company investigating the golf balls is not satisfied with the limited analysis that it has done. The managers have collected a good deal of data, but they are not sure how to look at them and interpret the output.
Small bag of Skittles candies has following assortment: red (12), blue (5), orange (15), brown (0), green (16), and yellow (7). Create the probability distribution for x.
Suppose n = 1000 persons are to be sampled from this population and the sample proportion of married persons (ρ-hat) is to be calculated. What is the mean of the sampling distribution of ρ-hat?
Suppose that in a random sample of size n, there are x1, x2, and x3 number of genotypes s1,s2 and s3 respectively where x1+x2+x3=n. What sort of distribution is this?
What is the difference between expected value and mean? In other words, what would be difference between the expected value of something, as opposed to the mean of that something? And how do I know when I should be finding the expected value and n..
A prestigious university requires a score of at least 750 on a graduate exam for admission to its MBA program. Suppose the graduate exam is normally distributed with a mean of 500 and a standard deviation of 200.
A consumer magazine randomly selected 100 new hybrid car dealers from across the country, and created a list of retail prices. They want to know if the price differs from $25,000.
What is the major difference between finding significance and confidence intervals using population samples or using population proportions?
Standard deviation of 100. The top 3% of students receive $500. What is the minimum score you would need to receive this award?
To test the hypothesis that students who finish an exam first get better grades, a professor kept track of the order in which paper were handed in.
Let X and Y have a bivariate normal distribution with parameters u1 = 20, u2 = 40, sigma1^2 = 9, sigma2^2 = 4, and p = 0.6. Find the shortest interval for which 0.90 is the conditional probability that Y is in the interval, given that X = 22.
Determine sample size requirements. When the results are available you would like your margin of error to be plus or minus 5% for the satisfaction measure and plus or minus $1.50 for the spending value.
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