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1. What is Factor Analysis and when should a researcher use it?
2. Describe a research problem that would benefit from Factor Analysis. What are the variables and what would you hope to achieve?
How many days should be considered if a 95 percent confidence is used and the estimate is to be within one hundred dollars?
Sales manager wishes to award sales representatives who earn the largest commissions a bonus of= $1,000 .He can award bonus to 20% of representatives. Determine cutoff point between those who earn bonus and those who don't?
Average electric use was studied.a previously known population standard deviation was 450KWH. a sample of 81 houses was studied and found to have a mean of 1858 KWH. Find the 95% confidence interval for the true mean.
Discuss an example from every day life, your professional experience, personal life or sports where two variables are positively correlated and why; discuss a second example where two variables are negatively correlated and why.
As a quality engineer working on the Rangdo production line, you have determined that the probability of producing a defective part is 6%.
Transportation problem using the stepping stone method
Suppose you bid $12000. What is the probability that your bid will be accepted?
At the .05 significance level, can we conclude that the mean waiting time is less than 3 minutes?
Could mud-wrestling be the cause of a rash contracted by University of Washington students in the spring of 1992? Two physicians at the University of Washington health center wondered this when one male and six female students complained of rashes..
Following are the data collected. Should the head of the Bureau be concerned about the time taken at lunch by employees? Why?
Describe what do you mean by conditional probability. Give clinical example to support the explanation.
The probability that average amount of purchase per weekend from Sam's sample is greater than average amount of purchase per weekend from Katie's sample =
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