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Choose a variable and collect data consisting of at least 30 values. Before collecting the data, decide what a likely average might be, then complete the following:
a. Write a brief statement of purpose of the study
b. Define the population
c. State the hypotheses for the study
d. Select an α value
e. State how the sample was selected
f. Show the raw data
g. Compute the test statistic
h. Find the critical values(s)
i. State the decision
j. Summarize the results.
what is the difference between histogram and historigram
Mention the characteristics of Statistics. Explain any two applications of Statistics.
Automatic interaction detector (AID) A method or the technique which uses a set of categorical explanatory variables to divide data into the groups which are relatively homoge
PolyCorp is considering an investment in new plant of $3 million. The project will be financed with a loan of $2,000,000 which will be repaid over the next five years in equal ann
Susan’s proposed budget for 2011 includes a substantial repayment of the bank loan. If the repayment occurs, is the firm likely to break even in 2012? Explain.
Are depreciation, depletion and amortization similar? In accounting the terms depreciation, depletion and amortization often involve the movement of costs from the balance s
Regression line drawn as y=c+1075x, when x was 2, and y was 239, given that y intercept was 11. Caculate the residual
2. From the following cost, production and sales data of Decors Motor Ltd., prepare comparative income statement for three years under (i) absorption costing method, and (ii) margi
Capital budget The piece of a budget: a separate budget: dedicated to proposed additions to capital assets & the means of financing to those additions,
what is variable mean
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