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A U.S. based internet company offers an on-line proficiency course in basic accounting. Completion of this online course satisfies the "Fundamentals of Accounting" course requirement in many MBA programs. In the first semester 315 students have enrolled in the course. The marketing research manager divided the country into seven regions of approximately equal populations. The course enrollment values in each of the seven regions are given below. The management wants to now if there is equal interest in the course across all regions.
Region
Enrollment
1
45
2
60
3
30
4
40
5
50
6
55
7
35
Calculate the value of the chi-square statistic and test whether all regions are statistically the same at 5% and 1% level tests.
The firm examined 35 randomly chosen fax transmissions during the next year, yielding a sample mean of 14.44 with a standard deviation of 4.45 pages.
Prepare a power curve for this decision rule
Would the null hypothesis be accepted or rejected in this case?
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..
What are the expected value and variance of the following probability distribution?
Compute mean and standard deviation for sample of N = 8 females and sample of N = 8 for males.
Find the probability of committing a type I error.
A random sample of 100 students at Southern University was collected. The mean age was found to be 24.2 years, with a standard deviation of 3.4 years.
Calculate expected number of interruptions per day. Calculate standard deviation.
Key Refining decided to send a special financing plan to charge account customers having the highest 10 percent of the money charges. What is the dividing point between customers who receive the special plan and those who do not.
Calculated test statistic, decision about the null hypothesis interpretation of results, and a list of references consulted.
Create a 95% confidence interval for population mean. Is it sensible that population mean is 28 weeks? give explanation for your answer.
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