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Does lovastatin (a cholesterol-lowering drug) reduce the risk of heart attack? In a Texas study, researchers gave lovastatin to 2,325 people and an inactive substitute to 2,081 people (average age 58). After 5 years, 57 of the lovastatin group had suffered a heart attack, compared with 97 for the inactive pill.
a) State the appropriate hypotheses.
b) Obtain a test statistic and p-value. Interpret the results at α = .01.
Use the t test to determine whether the slope of the regression model is significant at α = 0.05.
This model is fit to the data using the method of least squares using statistical software, and the following parameter estimates and their standard errors are obtained.
If random sample of thirty six customer transactions points out that sample mean withdrawal amount is $172, is there evidence to think that population mean withdrawal amount is no longer $160? Determine the mean of data above?
Write introduction to SPC (STATISTICAL PROCESS CONTROL)? Describe the use of SPC tools used at D2D?
Find the probability of failure of system for any 4 hours of operation?
Use normal approximation to determine probability that x = 2. Illustrate all work.
Describe and analyze your quantitative data and Briefly address the data analysis process.
A recent census of a small town in Michigan showed that 60% of the residents are male, 20% have college degrees, and 15% are both male and college graduates.
The main purpose of this exercise is to check your understanding of significance level, p-values and power .
A certain random experiment can result in one of four different possible outcomes, which we'll call A, B, C and D.
Find out the probability
At.02 significance level is it sensible to conclude that mean number of shoes sold at mall stores is larger than at outlet stores?
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