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Explain the purpose of the critical value in a hypothesis test, how do you find the critical value and what purpose does it play?
The majority of the data is basically distributed if there are enough subjects. For instance, if you collected test scores of only a few honor students, the data will most likely not be normally distributed because you would have a sample that did..
Finding and retaining good health care professionals requires an agressive recruitment effort. Since the demand for health care professionals is growing and the supply of these workers is not keeping pace, an untapped source of workers retired emp..
FINRA is considering three alternatives for providing food services (breakfast and lunch) to its employees: creating a company owned food service and hiring its own staff, hiring an outside vendor to provide food services (outsourcing), or a combi..
Using quadratic regression model find the estimated number of planes.
We are interested in determining if the accident proportions differ between the two age groups:
A recent election return indicated that 55% voted for a proposal, 40% voted against it, and 5% abstained. What is the probability that a voter either abstained or voted against the proposal?
What is the probability that the drug will be effective for 3 hours or more?
A study was conducted with alpha = 0.05 to determine if there is a significant linear correlation between the number of credit hours earned at the time of taking statistics 101 and the grade in the course. Eight pairs of data were collected.
There are many nonparametric tests that have been developed over the years. Explain what nonparametric tests are and why they were developed.
Choose a group of 4 adults at random. What is the probability that none of them enjoy drinking beer?
From past experience, an automobile insurance company knows that a given automobile will suffer a total loss with probability .02, a 50% loss with probability .08, or a 25% loss with probability .15 during a year.
At the .05 significance level, can we conclude that the guideline is still reasonable?
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