The price and the quality rating score of rare-projection

Assignment Help Basic Statistics
Reference no: EM1318995

Scatter plot and correlation.

Costs of Televisions Listed below are prices (in dollars) and quality rating scores of rare-projection televisions (based on data from Consumer Reports). All of the televisions have screen sizes of 55 in or 56 in. Is there sufficient evidence to conclude that there is a linear correlation between the price and the quality rating score of rare-projection televisions? Does it appear that as the price increase, quality score also increases? Do the results suggest that as you pay more, you get better quality?

 

Price               2300     1800    2500    2700    2000    1700    1500    2700

Quality Score      74       73       70       66       63       62       52       68

 

Reference no: EM1318995

Questions Cloud

Solve y from the given expression : Solve y from the given expression
Solve the given fraction : Solve the given fraction
Reject the null hypothesis of equal broken cookie rates : At a large commercial bakery, one of the measures used to evaluate employees is number of broken cookies per 1000 produced.  The quality control department wants to determine if there is a relationship between years of experience and the broken co..
Simplify the given fraction : Simplify the given fraction
The price and the quality rating score of rare-projection : Costs of Televisions Listed below are prices (in dollars) and quality rating scores of rare-projection televisions (based on data from Consumer Reports). All of the televisions have screen sizes of 55 in or 56 in.
Defining competitive environment : What overall advantage or disadvantages would these competitors have in the marketplace? The Porter 5-forces model is a good tool to organize the work when defining the competitive environment.
A linear correlation between the two variables : Build a scatter plot, Find the value of the linear correlation coefficient r, and find the critical value of r using α=0.05. Determine whether there is sufficient evidence to support a claim of a linear correlation between the two variables.
Prepare the hypotheses and identify the type of error : What type of error would result in that case?  Respond to at least two of your classmate's postings.
One proportion testing and confidence interval : Find a 99% confidence interval estimate of the proportion of people who say that they voted.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Computing probability of the specified events

Dunn Poitiac has compiled the following sales data regarding the number of cars sold over the past 60n selling days.  Answer the following questions for the sales data shown.

  Variation between two populations

The means appear to be very close, but not the variances. At  α   = .05, is there a difference in variances? Show all steps clearly, including an illustration of the decision rule.

  A random variable z having a standard normal distribution

Probability using Z-score.Find the probabilities that a random variable Z having a standard normal distribution will take on a value.

  Describing five step hypothesis testing procedure

At the 0.05 level of significance, can we conclude Middletown students remained in their districts less time than Brockton students?  Make use of 5-step hypothesis testing procedure.

  Describing optimal solution and objective function

Solve problem graphically1. Describe optimal solution and objective function value in context of the problem.

  Florida state university administers a mathematics

Florida State University administers a mathematics placement test to students where they 1st enter the university.

  Describe what this means in plain terms

A better case can be made that observation 13 (Los Arboles) is an outlier. Describe what this means in plain terms.

  What was the mean processing time before training

The data below shows the time to process an inpatient admission, before and after a system usage training session was given.  The following hypotheses were formulated for this study.

  Margin of error for the population proportion

Find the margin of error for the 95% confidence interval used to estimate the population proportion.

  Evaluate the last year with the average

For the past 20 years, the high temperature on April 15th has averaged (j = 62 degrees with a standard deviation of a = 8. Last year, the high temperature was 66 degrees.

  Estimating a three-year moving average to forecast sale

Then estimate demand again with a weighted moving average in which sales in the most recent year are given a weight of 2 and sales in the other two years are each given a weight of 1.

  Computing probability values using poisson distribution

Compute the probability of exactly 0,1,2,3,4, and 5 arrivals per day.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd