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Assume that a simple random sample is selected from a normally distributed population, use eith the P-value method or the tradiitonal method of testing hypotheses.
Tests in the author's statistics classes have score with a standard deviation equal to 14.1. One of his last classes had 27 test scores with a standard deviation of 9.3. Use a 0.01 significance level to test the claim that this class has less variation than other past classes. Does a lower standard deviation suggest that this last class is doing better?
CAPM and Expected return. If the risk-free rate is 6 percent and the expected rate of return on the market portfolio is 14 percent, is a security with a beta of 1.25 and an expected rate of return of 16 percent overpriced or under priced?
Find the most powerful predictor among the six independent variables using regression.
Sketch density curves that might explain distributions with fallowing shapes: symmetric, but with two peaks( i.e., two strong clusters of observations)
Quality Progress, February 2005, reports on the results achieved by Bank of America in improving customer satisfaction and customer loyalty by listening to the voice of the customer.
Construct the 90% and 99% confidence interval for population mean. Which interval is wider? If convenient, utilize technology to construct confidence intervals.
Dr. Richmond, a psychologist, is studying the daytime television viewing habits of college students.
Pollsters just report the results of hypothesis tests that show statistical significance but not those in which there was insufficient evidence.
If a technical breakthrough occurred that raised the profit per unit of X 1 to $3, would this affect the optimal solution?
Conduct a statistical test to determine if the sample is representative of the population.
An issue that faces individuals investing for retirement is allocating assets among different investment choices. A study conducted 10 years ago showed that 65% of investors preferred stocks to real estate as an investment.
An accepted standard deviation for LSAT scores is 125. A random sample of 25 scores had an average of 1,375. Assume a significance level of 0.05. State the appropriate null and alternative hypotheses. Calculate the p-value to test the hypotheses.
Suppose that the scores of architects on a particular creativity test are normally distributed.
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