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An averaged department store sells 350 mens suits per year. The mens suit departments at a particular national chain of stores claim they sell more than the industry average. In 35 of their stores they sold on the average 430 suits per year with a population standard deviation of 40. What is the test value for their claim?a) 0.34b) 2.00c) 6.92d) 11.83
The percentage rates of home ownership for 8 randomly selected states are listed below. Estimate the population variance and standard deviation for the percentage rate of home ownership with 99% confidence level.
The national sporting goods association conducted a survey of persons 7 years of age or older about participation in sports activities the total population in this age group was reported at 248.5 million with 120.9 million male and 127.6 million f..
Construct a 98% prediction interval for the selling price of a 4l- year old house having 4500 square feet, 13 rooms, and an attached garage.
Inverse probability based on normal distribution - The data set has a bell-shaped distribution. Between what two prices do 68% of the houses lie?
Find the probability of a type I error α if the true proportion is p=0.6.
What is the relationship between the amount spent per week on food and the size of the family? Do larger families spend more on food?
Identify Independent and Dependent variable being investigated. Formulate the hypothesis statement regarding your research issue.
Assume duration of human pregnancies follow mound-shaped distribution with mean of 266 days and the standard deviation of 16 days.
If the weight distribution is known to be normally distributed, do the data support the veterinarian's suspicion? Conduct a hypothesis test at the 5% significance level. Define your parameter (μ), state your hypotheses, conduct the test and write ..
A population of scores has m=50 and o=10. If 5 points are added to every score in the population, then the new mean and standard deviation would be:
Create a 95% confidence interval for population mean. Is it sensible that population mean is 28 weeks? give explanation for your answer.
A device has a sensor connected to an alarming system. The sensor triggers with probability 0.95 if dangerous conditions exist in a given day and with probability 0.005 if conditions are normal during the day. Days with dangerous conditions occur ..
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