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Determine Probability using binomial distribution. An exam consists of 10 true or false questions. If a student guesses at every answer, what is the probability that he or she will answer exactly six questions correctly? (Round the answer to three decimal places)
Explain finding value of test statistic and P-value also understand the result. At the .01 significance level can we compute that the mean fare has increased.
Assuming we can verify that the data set is approximately normally distributed, what percentage of times will the server be down less than 24 minutes?
The one-sample t statistic has the value t = -1.68. What do we know about the P -value of this test?
Carry out F test for significance of straight line regression of Y on X and interpret your results.
Below is a plot of the Olympic gold medal winning performance in the high jump (in inches) for the years 1900 to 1996.
Based on this sample information, create a 90% confidence interval for population mean yearly premium.
Create a 99% confidence interval estimate of population mean amount of paint included in a 1 gallon can.
Using ANOVA, determine if there is a significant difference in the six year graduation rate by type.
Using part(a), explain to investor differences between distribution of performance figures for the 2 kinds of stock funds.
A sample of twenty automobiles was taken, and the miles per gallon (MPG), horsepower, and total weight were recorded. Develop a linear regression model to predict MPG using horsepower as the only independent variable. Develop another model with weig..
A savings account was opened for a baby on 1985 with a $100 deposit. No withdrawals or deposits occurred since the account was opened. The current balance of the account is $246.47. Measured in dollars of the year in which the account was opened, how..
Utlizing binomial approximation to normal finding the normal model. A grower claims that only 13 percent of the strawberries he grows are unsatisfactory.
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