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A coin was flipped 60 times and came up heads 38 times. (a) At the .10 level of significance, is the coin biased toward heads? Show your decision rule and calculations. (b) Calculate a p-value and interpret it.
Determine the test criteria that would be used to test Ho: u 1.0 with n=18 and significance level of 0.01 using the classical approach.
Suppose you are a researcher who has collected and analyzed a sample of values. When you perform a hypothesis test the p-value is calculated to be 0.051. Would you reject or fail to reject the null hypothesis? Defend your choice.
How large a sample is required if the 97 percent level of confidence is used and the estimate is to be within $2,500? The standard deviation is $16,000.
Of the households with NOW accounts 79.3% had savings accounts. The probability that a randomly selected household with a savings account has no checking account is?
A sample of 25 concession stand purchases at the October 22 matinee of Bride of Chucky showed a mean purchase of $5.29 with a standard deviation of $3.02 for the October 26 evening showing of the same movie
Using this information, calculate Blpha risk (probability of Type II error) if the true population mean really is 81.
A poll found that 38% of male voters and 46% of female voters support a particular candidate. To test whether this candidate has equal levels of support between male and female voters, the null hypothesis should be:
Normal distribution with mean 32.6 ounces and standard deviation 0.4 ounce. If two packages are randomly selected, what is the probability that the average weight is less than 32 ounces?
A prison official wants to estimate the proportion of cases of recidivism. In examining 250 convicts there are 65 cases. with 99% confidence interval what is the range? How do you figure this type of problem?
The lifetime of a light bulb is an Exponential RV with a mean of 800 hours. Let L represent the time (in hours) that one randomly selected light bulb will burn. What is the possibility the light bulb burns for more than 1000 hours.
Is this a one or two tailed test? (b) What is the decision rule? (c) What is the value of the test statistic? (d) What is your decision regarding H0? (e) What is the p-value? Please show me your calculations. Interpret the results.
Find the conditional probability that a randomly chosen person from this population will contract both diseases, given that he or she has contracted at least one disease.
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