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When groups are more alike than different, ANOVA assesses the significance of the difference between two groups. When groups are unalike, will findings be more significant? And what are some conclusions you might draw from that?
Portfolio Risk. Who would view the stock of Learning Tower of Pita as a risk reducing investment - the owner of a gambling casino or a successful bankruptcy lawyer? Explain.
Which two types of probability sampling are best suited for business research and statistical data analysis, and why?
Examined the effect of body position on blood pressure
Is there reason to believe there is a positive linear correlation between the number of t.v. commercials and the sale of this product?
Write the hypothesis statement. What distribution are you using?
Explain the logic of what you have done, writing as if you are speaking to someone who has never heard of correlation (but who does understand the mean, deviation scores, and hypothesis testing);
Addition Thermo on Probability - If a man is randomly selected for an interview, what is the chance he will Play football or basketball?
A quality engineer in a light bulb manufacturing factory is planning a study to estimate the average life of a large shipment of light bulbs.
On average a certain intersection results in 3 traffic accidents per month. What is the probability that for any given month at this intersection
Suppose 100 randomly selected customers were asked to rate a particular service they recently had on a scale of 0 to 10. The sample mean rating was found to be 7.3.
The number customers who enter a supermarket each hour is normally distributed with a mean of 600 and a standard deviation of 200. The supermarket is open 16 hours per day.
Twenty subscribers were surveyed, it found that the annual health insurance premiums for a family with coverage through an employer averaged $10,979.00. The standard deviation of the sample was $1000.00.
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