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There are 100 males and 120 females in the graduating class of a local high school. Thirty-five percent of the graduating males are on school sports teams, as are 30% of the graduating females. A local businessperson is going to donate $1000 to the favorite charity of a randomly selected graduate. What is the probability that the graduate selected will be a male who is not a member of a sports team? What is the probability that the graduate will be either a female or a member of a sports team?
Determine the average score for ERAU graduates? Determine the value of test statistic? Significance level?
Develop the "best" regression model possible using this set of variables to help you predict the Risk. State your final model. Interpret the coefficients for the model (i.e. what do the numbers mean?). Finally, tell me how to use this model for pr..
Determine critical value for boundary of the rejection region (i.e., Zα).
Determine the critical value and p value for one mean large sample test.
Computing relative frequencies in a contingency table and a survey of a sample of 347 people is conducted. The survey's respondents are classified according to their political affiliation and their opinion on a bill.
Find the marginal PMF pY (y). Hint: One possibility is to start with the answer to part (c), but the algebra can be messy. But if you think intuitively about the procedure that generates Y , you may be able to guess the answer.
The monthly income of residents of Dayton is normally distributed with a mean of $3000 and a standard deviation of $500.
Test the hypothesis that there is no difference in the mean scores of Exam 1 and Exam 2 against the alternative that the average is greater for the second exam.
Discuss the null hypothesis. How is it framed? What is the alternate hypothesis? How does it relate to the null hypothesis?
How many units of capacity should be built to minimize the total cost of providing capacity plus lost sales?
If sales is the variable you are trying to explain and you have 2 independent variables of color and price. The color coefficient is 100, and the price coefficient is -200.
Find the alternative would be chosen according to expected value and utility.
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