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Assume the variance of a population is 4 and the mean of the population is 9.5. If you have a sample size of 2 what is the probability that the sample mean is within 1 of the population mean?
Should the company be a short hedger or a long hedger in corn futures?
Suppose that the probability that a new medication will cause a bad side effect is 0.03. If this medication is given to 150 people, what is the probability that exactly three of them will experience a bad side effect? Place your answer, rounded to..
Create a histogram for the number of words in the 600 randomly selected sentences.- Provide a summary of the dataset based on your histogram.
If all respond, will your margin of error be larger or smaller than $1100? What if only 50% respond? Verify your answers by performing the calculations.
Mazda 6s resulting from a 10-mph crash into a concrete wall, the research group tests six cars of this type and assesses the amount of damage. Describe the population and sample for this problem.
For each of the following datasets, explain whether you would expect the mean or the median of the observations to be higher:- In a rural farming community, for each household the number of children is measured.
the mean height of 8 year old girls in my daughters school is 125 cm with a standard deviation of 0.3 and the height
A study claims that the mean age of online dating users is 40 years. Some researchers think this is not accurate and want to show the mean age is not 40 years.
the mean of sample a is significantly different than the mean of sample b. sample a 59 48 74 62 87 73 sample b 53 67 78
The table shows the retail market share of passenger cars from Ford Motor Company as a percent of the US market.
Which of given is the correct decision statement for test?
a suppose you conduct a significance test and decide to reject the null hypothesis ho at the alpha.05 level. if you
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