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Testing for population mean.
You conduct a survey of a sample of 25 members of this year's graduating students and find that the average GPA is 3.2. The standard deviation of the sample is 0.4. Over the last 10 years, the average GPA has been 3.0. Is the GPA of this year's students significantly different from the long-run average? At what alpha level would it be significant? How would this information be useful to you if you were the college register?
Find out the expected shape of distribution of sample mean?
At α = .05, is there a difference in variances? Illustrate all steps clearly, including the illustration of the decision rule.
Just, a case of food poisoning was traced to a particular restaurant chain. The source was identified and corrective actions were taken to make sure that the food poisoning would not reoccur. In spite of the response from the restaurant chain, man..
Statewide real estate sales agency, Farm Associates, specializes in selling farm property in state of Nebraska. At.10 significance level, has there been an increase in selling time?
Illustrate a quantitative assessment of what our charts would look like and what these new targets would do to our operations.
In a regression model involving 30 observations, the following estimated regression equation was obtained:
The 'interaction effect' was also important. By using the means in the table above write a statement explaining how the anti-anxiety drug appears to affect anxiety. Are the outcomes consistent with the hypothesis proposed by the researchers?
To test the difference between two means using two mean z test.
In general, determine the standard score a measure of?
Explain the difference between a discrete and a continuous random variable. Give two examples of each type of random variable.
Testing for equality of variances - Independent random samples were taken from normal distributions of the yearly production of ships built by the International Ship Building Company under
At 5 % level of significance, does this sample prove violation of the guideline that average patient muts pay no more than $250 out-of-pocket? Is this a close decision?
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