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Question 1- This includes knowing how to use an ANOVA for managerial decisions. Present a business example where you would use an ANOVA. State the hypothesis verbally and numerically.
Question 2- Using the example provided in Question 1, explain your sample. How will you put it in to a spreadsheet to test the data?
Using the table below, compare and contrast the main differences between two quantitative research designs and two qualitative research designs.
A developmental psychologist is studying memory development in children. He is interested in determining the exact age at which children began to recall long-term episodic memories.
How do we use a least squares regression line? What is the range for the coefficient of determination?
What type of shape would you expect the histogram of the sample size to have? What value would you estimate for the mean of the histogram of sample means?
Compute the mean number and median number of apples in a bag.
From the given research, compare the major players better at batting than 20 years ago using five step hypothesis.
Give null and alternative hypotheses for this test in symbolic form.
Describe the factors that might cause variation in weight of Tootsie Rolls during manufacture.
Evaluate the mean, the median, and the mode of the salaries. Which best describes a typical salary and Evaluate the range, variance, and standard deviation of the data set. Interpret the results in the context of the real-life setting.
If there are 5 choices for a question and there is a 50% chance that the student knows the answer, what is the probability that the student knew the answer to a question he correctly answered?
A cell phone company collects data from a random sample of 500 households. The results indicate that 135 of the households would add an extra cellular number, provided it was offered at a reduced monthly cost.
What is the value of the population mean? What is the best estimate of this value?
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