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The department at a university is concerned that dual degree students may be receiving lower grades than the regular MBA students. Two independent random samples have been selected. 100 observations from population 1 (dual degree students) and 100 from population 2 (MBA students). The sample means obtained are X1(bar)=85 and X2(bar)=88. It is known from previous studies that the population variances are 4.0 and 5.0 respectively. Using a level of significance of .10, is there evidence that the dual degree students are receiving lower grades? Fully explain your answer.
For each of the following hypotheses, decide whether a one-tailed or two-tailed test would be performed: Children with birth defects will score differently than the normal population on a measure of self-esteem.
What is the equation for this regression model?
In his wardrobe at home, a businessman has 7 suits and 8 ties. From those suits and ties he has on hand, he plans to take 3 of the 7 suits and 2 of the 8 ties with him to a conference in San Francisco.
A study conducted by the research department of a pharmaceutical company claims that the annual spending (per person) for prescription drugs for allergy relief,is greater than or equal to the annual spending (per person) for non-prescription aller..
ABC Corp. is a firm with all-equity financing. Its equity beta is .80. The Treasury bill rate is 4 per cent and, and the market risk premium is expected to be 10 per cent. What is ABC's asset(equity) beta?
In a large metropolitan area, past records revealed that 30 percent of all the high school graduates go to college. Each student's choice to go to college is independent. From 20 graduates selected at random, what is the probability that exactly 8 wi..
If all samples of size 64 are drawn, mean of sample according to Central Limit Theorem is 100.
Using a significance level of .01 to test this hypothesis, what is your decision rule?
The state's smallest animal is a red-tailed gerbil, with a mean weight of 2.5 grams and a standard deviation of 0.25 grams. Assuming that the weights are normally distributed
An automobile manufacturer claims the variance in the fuel consumption for its vehicles is less than the variance of similar type vehicles from another competitor.
State the correct decision and give justification for your decision.
Assuming that the Poisson distribution is a plausible model in describing variability of asbestos fiber counts in filters; derive a 95% confidence interval indicating the variability in the average number in asbestos fibers.
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