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1. Explain the notions of mathematical differences, managerially important differences, and statistical significance. Can results be statistically significant and yet lack managerial importance.
2. Describe the steps in the procedure for testing hypotheses. Discuss the difference between a null hypothesis and an alternative hypothesis.
3. What purpose does a scatter diagram serve?
The problems for this assignment are typical of those encountered by statisticians working with clinical researchers. So if you'll humor me, I have written this assignment as though it is a day in the life of a project statistician. Here is your age..
Explain how the authorities should choose the toll to bring the equilibrium number of trips to the efficient level.
What is the percentage of scores falling between the mean and a raw score of 84 and what is the probability of a score falling above a raw score of 86?
Construct a frequency distribution for Payment method
Draw a two way ANOVA design plot (the mean plot you draw in class) to discuss whether there seems to be any interaction effects of gender and age.
What is the distribution of X and Y and why - Crank is understandably annoyed with this result, but perhaps not quite ready to concede defeat.
Which is the explanatory variable and draw a scatterplot on your calculator and comment on the form, direction, and strength of the data.
This assignment requires you apply Scheduling Theory in order to optimize a schedule of events and reduce lost productivity.
Calculate te covarience anf the correlatio coeficient. Comment on the relationship between x and y Determine the least squres line. Draw the scatter diagram and plot the least squres line
What is the p-value of the regression and can you reject the null hypothesis that there is no relationship between the variables at the 99% confidence level?
Freight car loadings over an 18-week period at a busy port are: Compute a linear trend line for freight car loadings:
What is the company's labor hours productivity and what is its multifactor productivity and what is the percent change in the multifactor productivity if the initial process used is the one without the rework capability and is then replaced by the ..
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