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Question: A U.S. Bureau of Labor Statistics survey showed that one in five people 16 years of age or older volunteers some of his or her time. If this figure holds for the entire population and if a random sample of 150 people 16 years of age or older is taken, what is the probability that more than 50 of those sampled do volunteer work?
What standard deviation (within 0.001 inch) minimizes the annual cost of producuign elevator rails. You do not need to try standard deviations in excess of 0.02 inches.
a study is run to estimate the association between exposure to lead paint in childhood and attention-deficit
The mean SAT verbal score is 412, with a standard deviation of 90. Use the Empirical Rule to determine what percent of the scores lie between 412 and 592. (Assume the data set has a bell-shaped distribution.)
Compare the lengths of the confidence intervals based on the mean and 20% trimmed mean. Why is the latter confidence interval shorter?
A market analyst believes that more than 30% of the adults in a certain area regularly read a certain magazine. What are the appropriate statistical hypotheses.
Construct a 95% confidence interval for the population variance and standard deviation of hours spent studying. Assume the population of hours spent studying is normally distributed.
Verify that this is a valid probability density function.- Find the probability that the next customer buys at most 2 pounds of candy.
a. What type of error would you make if the null hypothesis is actually false and you fail to reject it?
A random sample of 10 economists produced the following forecasts for percentage growth in real domestic product in the next year:
Assume you always reject null hypothesis, regardless of any sample evidence. Determine the probabiliyt of Type II error? P(Type II error).
What is the best way to search for materials relevant to a specific course?
Determine the probability of having more than 3 defects in a roll?
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