Various analytical techniques

Assignment Help Basic Statistics
Reference no: EM132150433

What are the uses and value of statistical significance testing and the p-value as demonstrated in the various analytical techniques (t-tests, ANOVA, chi-square, etc.). What's the fundamental reason we apply these techniques to the analysis of research data?

Reference no: EM132150433

Questions Cloud

Information from pharoah corporation : Given the following information from Pharoah Corporation, what price would the CAPM predict that the company's stock will trade for one year from today
Minimum expected annual return for stock : In order to fund her retirement, Helen needs her portfolio to have an expected return of 13.8 percent per year over the next 30 years.
Valuation and financial strength criteria : What is the probability that a stock meets both your valuation and financial strength criteria?
What is her monthly mortgage payment : She can pay 10% up front for the down payment, then apply for a 30-year mortgage, 6.6% annual rate for the remaining balance. What is her monthly mortgage payme
Various analytical techniques : What are the uses and value of statistical significance testing and the p-value as demonstrated in the various analytical techniques
Should you perform a log transformation on a categorical : Should you perform a log transformation on a categorical (nominal) variable, or can you only do that for continuous variables?
Interpret the meaning of this confidence interval : Interpret the meaning of this confidence interval. If you only had a sample of 10 theaters instead of 50, would a confidence interval still be appropriate? Why
Poisson distribution with a mean : Suppose the number of tickets written per day follows a Poisson distribution with a mean of 6.5 tickets per day. Interpret the value of the mean.
Distribution of income is highly and positively skewed : It is well known that the distribution of income is highly and positively skewed, but the one-sample z test is based on critical values obtained from a standard

Reviews

Write a Review

Basic Statistics Questions & Answers

  Minimum cost of producing stabilizer bars

A company uses the formula C(x) = 0.02x^2 - 3.4x + 150 to model the unit cost in dollars for producing x stabilizer bars. For what number of bars is the unit cost at its minimum?

  Determine the probability distribution

The value of x for the (1,2) outcome is 0 (neither selected bottle is good), and x = 1 for the outcome (2,4). Determine the x value for each possible out- come. Then use the probabilities in Part (b) to determine the probability distribution of x.

  Distribution of the duration of human pregnancies

The distribution of the duration of human pregnancies is approximated with a normal distribution with a mean of 266 days and a standard deviation of 16 days.

  It is thought that the application of a plasma coating that

it is thought that the application of a plasma coating that conatins submicron particles of tungsten carbide will

  The number of doctors in a hospital

How many circles of Cheerios in a cereal box represents what kind of distribution?

  General characteristics of a research study

Critically discuss the general characteristics of a research study for which an independent-measures t would be the appropriate test statistics

  Proportion of voters who believe pharmaceutical companies

Conspiracy Theory In a recent survey, Americans were asked about 20 popular conspiracy theories. Thirty-seven percent of voters believe global warming.

  Why is the sampling method biased

A possible alternative would be to use every pine tree along the park's main road as a sample. Why is this sampling method biased?

  Find total number of parking tickets the company will pay

If they have 18 trucks, what are the mean and standard deviation of the total number of parking tickets the company will have to pay this month?

  The fda is comparing the mean caffeine contents of two

the fda is comparing the mean caffeine contents of two brands of cola. independent random samples of 6-oz. soda cans of

  Calculate standard deviation for demand distribution

Use the sales forecaster prediction to calculate the standard deviation for the demand distribution.

  What is the length of a call if calls are shorter

What is the probability that a call lasted between 180 and 300 seconds? What is the length of a call if only 1% of all calls are shorter?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd