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Nicotine patches are often used to help smokers quit. Does giving medicine to fight depression also help? A randomized double blind experiment assigned 244 smokers to receive nicotine patches and another 245 to receive both a patch and the antidepressant drug bupropion. Results: After a year, 40 subjects in the nicotine patch group had abstained from smoking as had 87 in the patch-plus-drug group. Is this good evidence that adding bupropion increases the success rate? Carry out an appropriate test to help answer this question.
Suppose the following table shows the number of colds 7 different people got during the typical cold season based on the number of times they washed they washed their hands per day during the cold season.
You are trying to set up a portfolio that consists of a corporate bond fund and a common stock fund. the following information about the annual return (per $1,000)of each of these investments under different economic condition is available
Smaller the p-value in test of hypothesis, the more important the results are.
A local bank wants to install motion detector burglar alarms. Each has a 70% chance of detecting a burglar. If the bank wants to be 99% certain of detecting a burglar how many need to be installed?
How would I go about finding a 95% confidence interval for the population mean if a sample of size 20 has a mean of 18.2 and a sample standard deviation of 3.6?
A recent survey of 50 executives who were laid off durning a recent recession revealed it took a mean of 26 weeks for them to find another position. The standard deviation of the sample was 6.2 weeks. Construct a 95 percent confidence interval for..
Calculate the control limits for a c chart when Ubar = 3.0%, n = 60, and you collect one sample per hour for 40 hours of production. (2 sets of control limits required, x bar and range)
Mention the critical value of test statistic (Or give the p-value of the test.)
What are the primary advantages and disadvantages of employing sampling in this application?
The intelligence Quotient test scores normally distributed with a mean of 100 and a standard deviation of 15.
Use a 0.01 significance level to test the claim that flights scheduled one day in advance cost more than flights scheduled 30 days in advance.
A random sample of 100 observations is obtained from a normally distributed population with a standard deviation of 10. What is a 95% confidence interval for the mean of the population if the sample mean is 40?
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