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Jocko's Garage has been accused of insurance fraud. Data on estimates made by Jocko and another garage were obtained for 10 damaged vehicles (available in 'jockogarage.txt'). Here is what the investigators foundCar 1 2 3 4 5Jocko's 1375 1550 1250 1300 900Other 1250 1300 1250 1200 950Car 6 7 8 9 10Jocko's 1500 1750 3600 2250 2800Other 1575 1600 3300 2125 2600(a). Compute the mean estimate for Jocko and the mean estimate for the other garage. Report the di erence in the means and the 95% con dence interval used on the t procedure. Be sure to choose the appropriate t procedure for your analysis and explain why you made this choice.
(b). Use a non-parametric tool discussed in this course to test if the average estimate from Jocko's is larger than the other garage for 100.Hint: No! I am sure that the problem is NOT wrong.
(c). Use a bootstrap scheme to nd the con dence interval of the di erence. Be sure to provide details (since I need to replicate your result if necessary) about how you used the bootstrap and explain why it is reasonable briefly.
(d).Compare the t interval with the bootstrap interval
The box plot displays the diversity of data for the totexp; the data ranges from 30 being the minimum value and 390 being the maximum value. The box plot is positively skewed at 1.
Systematic Random Sampling This method is generally used in such cases where a complete list of the population is available from which sample has to be selected. Under this
Question 3 25 marks Your employer, Quick Hit Agency (QHA), is a debt collections agency. The company specializes in collecting small accounts. QHA does not deal in large accounts
i m doing MBA in singapore and i want a good work. i want a data for 200 observations and then answers for some questions. and i need the data to be approved by our professor first
Determine the Effects of Stopping Smoking On Weight Gain As part of a study to determine the effects of stopping smoking on weight gain, nine females were weighed on the day t
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For the data analysis project, you will address some questions that interest you with the statistical methodology we are learning in class. You choose the questions; you decide h
Use the given information to find the P-value. The test statistic in a two-tailed test is z = 1.49 P-value = (round to four decimal places as needed)
prove that coefficient of correlation lies between -1 and+1
Make a decision about the given claim. Use only the rare event rule, and make subjective estimates to determine whether events are likely. For example, if the claim is that a coi
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