Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A shipping company claims its boxes can carry 36 lb., the production design allows the boxes to be uniform in construction with a standard deviation of 1.7 lb. However, no assumptions are made regarding the data's probability distribution. A random sample of 49 boxes, were tested and the maximum carrying load was recorded, producing a sample mean of 32.2 lb. What is the statistical decision at the 5% level of significance of the following questions:
1) One-tail hypothesis, testing the claim that the true mean is 36 lb? Explain how the tail, upper or lower, is dictated by the point estimate.
2) Two-tail hypothesis, testing the claim that the true mean is 36 lb? Interpret your results and discuss the useful insight it provides int the subject matter.
How large a sample is required if the 97 percent level of confidence is used and the estimate is to be within $2,500? The standard deviation is $16,000.
The following random sample was collected: 22 33 44 6 The 80% confidence interval for the mean is?
Determine the probability that we would reject null hypothesis given that it is true?
A simple random sample of 6 recent graduates revealed the following information about their weekly incomes. What is the expected value of the average weekly income of all the recent graduates?
Caculate the expected value of the profit made by the insurance company. Many call this kind of situation a win win opportunity for the insurance company and the promoter. Do you agree? Explain.
The mean income of a group of sample observations is $500; the standard deviation is $40. According to Chebyshev's theorem, at least what percent of the incomes will lie between $400 and $600?
The table given below shows numbers of patients classified as underweight, normal weight, overweight and obese according to their diabetes status. Determine the probability that they are overweight?
After a certain candidate announced his intention for running for the premiership of a province, many polls were conducted to assess his chanced for success.
A medical doctor wishes to test the claim that the standard deviation of the systolic blood pressure of deep sea divers is less than 450. To do so, she selected a random sample of 20 divers and found s = 432.
Discuss a scenario where two-sample hypothesis testing might be useful for you. Explain what a type 1 error would mean for this scenario. Explain what a type 2 error would mean.
Interpret the interaction graph in terms of what it shows about the three effects tested.
the media often attempts to predict the outcome of national elections. why are they often wrong? based on the concepts
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd