Processing of transactions than the remaining 5 tellers

Assignment Help Basic Statistics
Reference no: EM132522820

Read the following observational studies and describe changes that could be made to the data collection process that would result in an experiment rather than an observation study. Also, offer suggestions about unseen biases or lurking variables that may be present in the studies.

1. In a sample of 50 members of a local health club you find that 12 of these members meet weekly with a physical fitness trainer and that the average body mass index (BMI) of these 12 members is less than the average BMI of the other 38 club members in your sample.

2. In a sample of 12 bank tellers at a local branch office, the 7 tellers who have completed the advanced training program offered by the bank have a lower average error rate in the processing of transactions than the remaining 5 tellers.

Reference no: EM132522820

Questions Cloud

Sample mean changes when the sample size increases : How does the variance of the sampling distribution of the sample mean changes when the sample size increases?
Measurements were recorded for the duration : The following measurements were recorded for the duration, in seconds, of phone calls in a call-center of a major corporation:
Prepare journal entries to record Liangs Year : Prepare journal entries to record Liang's Year 1 and Year 2 summarized transactions and its year-end adjustments to record bad debts expense
Compute the profitability index of project for hogwarts inc : Compute the profitability index of this project if Hogwarts' WACC is 11%. After-tax net operating cash flows for years 1 to 4 = $779,000 per year
Processing of transactions than the remaining 5 tellers : In a sample of 12 bank tellers at a local branch office, the 7 tellers who have completed the advanced training program offered by the bank
What is year end gross and net accounts receivable balance : The company estimates that the required year- end balance in the allowance for uncollectible account should be $40,080. What is the year end gross
What proportion of the variation in y can be explained : What proportion of the variation in y can be explained by the linear relationship between x and y?
What is the size of the equal payments : December 10, and one on February 28. If money is worth 9.75% simple interest, what is the size of the equal payments? Use August 25 as the focal date.
Prepare income statements under Absorption costing : Cloud Ltd., produces 8,000 units of product Z during the year ended 31/12/2018. Prepare income statements under Marginal and Absorption costing principles

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd