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A big part of regression analysis involves hypothesis testing. For example the t-score for b1 tests a hypothesis...what is the H0 and Ha for this hypothesis?
Regression analysis also uses confidence intervals (and prediction intervals). What is the difference between a 95% confidence for a given value of x1 and a prediction interval for a given value of x1?
Find the linear regression model for the South Central states. How does the equation for the South Central states compare to the one you found for the North Central states?
Carpet City wants to develops a means to forecast it carpet sale. The store manager believes that the store's sale are directly related to the number of new housing starts in town.
Let us speek where the preceding data are representative of the entire sector of retail sales companiesSuppose the annual profits are more than 6.5 thousand $ every employee.
When the effect of a level for one factor depends on which level of the other factor is present, use: Select one:
The casino game craps is based on rolling two dice. Here is the assignment of probabilities to the sum of numbers on the up face when two dice are rolled:
you are testing whether there is a significant difference in the proportions of college students and similar aged non college students having accidents during the two year period. Is this a one sample or two sample test?
When a sample mean is greater than the true, population mean, the resulting difference is called:
A. what is the probability a randomly chosen business customer flying is on a jumbo jet? B. what is the probability a randomly chosen non-business customer is on an ordinary jet?
Is there evidence to suggest that the training course helps out sales people?
Determine probability of waiting less than 12 minutes between successive speeders. By using cumulative distribution function of X.
You wish to find out if negative relationship exists between amount of bottled water someone drinks and their water bill. Create a prediction model, if suitable.
When calculating correlation coefficient, what does a value of -2 indicate? Strong negative correlation, Weak negative correlation.
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