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Please answer the following question:
- Explain thoroughly, the concept of standard deviation.
- How does range affect standard deviation?
- What is a z-score, and how do z-scores relate to the mean of a set of data?
- Generally speaking, how is the percentage of data which lies in between two z-scores calculated?
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 ..
Monte Carlo sampling makes the assumption that all parameters of an alternative are: A. Independent B. Dependent C. Equal to 1.0 D. Probability distribution
What sample size would be needed to obtain an error of ±10 square millimeters with 99 percent confidence?
Estimated the probability that among 75 randomly selected students, at least 20 of them score greater than 78.
If a Normal model is useful for describing slalom times, approximately how many of the other 35 skiers finishing the event would you expect skied the slalom faster than Jean-Baptiste?
Between what two values does the P -value of this test fall?
(a) At the 5 percent level of significance, does this sample prove a violation of the guideline that the average patient should pay no more than $250 out-of-pocket? State your hypotheses and decision rule. (b) Is this a close decision?
What is the probability of at least three hacker attempts during a month? What is the probability of a hacker attempt occurring every 15 days or less (assume a 30 day month).
Explain the difference between multiple independent variables and multiple levels of independent variables. Which is better?
(A) What sums are needed to calculate a correlation coefficient? (B) What are the two ways of testing a correlation coefficient for significance?
In a survey of 8000 woman, 5431 say they change their nail polish once a week. Construct a 99% confidence interval for the population proportion of woman who change their nail polish once a week. A 99% confidence interval for the population is??
Can you give a general rule as to what happens with confidence intervals as a function of sample sizes and confidence levels? What are the trade-offs?
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