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A group of three students is to be randomly selected froma group of 1 freshman, 1 sophomore, 3 juniors and 3 seniors. Let Y1 and Y2 denote the number of juniors and seniors,
a) What is the joint probability distribution for Y1 and Y2?
b) Find the marginal distributions of Y1 andY2.
c) Are Y1 and Y2 independent? Why or why not?
Use simple exponential smoothing with α = 0.33 to forecast battery sales for February through May. Assume that the forecast for January was for 22 set of tires.
Stats Questions Set. Which of the following statements correctly compares the t -statistic to the z -score when creating a confidence interval?
An experiment was performed to investigate lifetime of a component exposed to high heat. Three different oven types were used at either 550°F or 600°F.
The ANOVA summary table below is the result of a regression of sales on year of sales. Is the relationship statistically significant at .05? Comment.
Construct a 90% confidence interval for the proportion of all kernels that would not pop.
If the basket ball player is a 74% free throw shooter, then, on average, how many free throws will he or she make in a game with eight free throw attempts?
The owner was interested in the mean time required to service this model, and decided not to carry the model if the mean repair time appeared to be more than 40 minutes.
What is the predictive value of a negative test result? In other words, what is the probability that an individual who returns a negative tests for hypertension is not hypertensive? Please give your answer to 3 decimal places.
Compute standard error of mean? Compute the margin of error, with 95% confidence.
Index number acts as a barometer for measuring the value of money. What are the characteristics of an index number? State its utility.
write down the hypothesis the test used the p-value and the interpretation then hand calculates a 95% CL for the odds ratio estimate on this last test.
Construct and interpret 90 percent on confidence interval for the mean. Be sure to interpret the meaning of this interval.
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