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The department is concerned that dual degree students may be receiving lower grades than the regular students. Two independent random samples have been selected 150 observations from population 1 (dual degree students) and 150 from population 2 (MBA students). The sample means obtained are X1(bar) =79 and X2(bar) = 82. It is known from previous studies that the population variances are 4.5 and 5.0 respectively. Using a level of significance of .05, is there evidence that the dual degree students are receiving lower grades? Explain.
Identify each of the following variables are qualitative or quantitative
Utilizing the chart parameters developed above to define the control charts for future candy bar production, Compute the appropriate plotting points from the data.
What is the probability that the mean price for a sample of 30 service stations is within $.03 of the population mean (to 4 decimals)?
Florida State University administers a test of mathematics placement to students when they first enter the university.
If gambler rolls two dice and gets sum of four, he wins $10; and if he gets sum of three, he wins $25. Cost to play game is $5. What is expectation of this game?
Using the .05 level of significance: a) Is there a difference among types of gasoline? b) Is there a difference in the cars?
Which of the given is the example of a discrete random variable? Which of the given is an example of continuous random variable?
If the probability distribution of X is: Determine the expected value of X? Find out the variance of X?
If you have a statistical package that computes binomial probabilities, find the probability that at least five funds outperform the market in all 10 years.
Select a US citizen and a citizen of China at random, independently of one another. Determine the probability that both have type O blood?
To develop 3-month and 2-month moving average for the time series.The following data represents demand for company ABC's products for the last 10 months.
We assume that we have selected two independent random samples from populations having proportions p 1 and p 2 and that p-hat 1 = 800/1000 and p-hat 2 = 950/1000
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