Correlation and regression problems, Basic Statistics

Assignment Help:

CORRELATION & REGRESSION:

1)  What do you mean by the term correlation?

2)  Point out the differences between coefficient of correlation and regression.

3)  If the correlation for a given data set is 0.75 what does it signifies.

4)  Point out the differences between Karl Pearson and Spearman's Rank correlation

5)  Describe the steps used for multiple regression analysis.

PROBABILITY:

1) If a person is vaccinated properly, the probability of getting the disease is .04. Without the vaccination, the probability of getting the disease is .30. Assume 1/4 of the population is properly vaccinated.

a. If a person is selected at random, what is the probability they will get the disease?

b. If a person gets the disease, what is the probability that they were properly vaccinated?

HYPOTHESIS TESTING:

1) In a large population of students, a school claims that the average ACT score is µ = 25. A newspaper disputes this claim and obtains a random sample of 34 students which yields an average of 24.2, and s = 6.2. Conduct a hypothesis test at the 10% level to determine whether there is statistical evidence that the survey is different than the actual population.

2) A test was designed to test student's ability to learn statistics. Thousands took the test and were divided by sex. A random sample of 50 was chosen from each group. The females had an average of 44 with a standard deviation of s = 2.1 and the males had an average of 45 with a standard deviation of s = 2.3. Construct a 95% confidence interval for the difference in mean test scores of the two populations.

3) The following is a random sample of numbers of people who were hired at a company over the last 10 years. Construct a 70% and 90% confidence interval for the difference in male and female hiring.   

 

Male

Female

Hired

200

300

Interviewed 

450

500


Related Discussions:- Correlation and regression problems

Time series analysis, what is the interpretation of plots in least square m...

what is the interpretation of plots in least square method

Statistical inference is that branch of statistics, Statistical inference i...

Statistical inference is that branch of statistics Statistical inference is that branch of statistics which is concerned with using probability concept to deal with uncertainty

Statistics question, 1. A sample from 16 different farms across Quebec show...

1. A sample from 16 different farms across Quebec shows that the hay production in bales per acre is normally distributed N(100,50). a. (2p )What is the probability that a random

Cost , For the month of June, Department A of Pauley Inc. had a segment mar...

For the month of June, Department A of Pauley Inc. had a segment margin ratio of 15%, a variable expense ratio of 60% of sales, and traceable fixed expenses of $15,000. Department

Employee portion of medicare tax, Employee portion of Medicare tax Medi...

Employee portion of Medicare tax Medical health insurance tax is also taken out from a worker's wage or income and is equaled by participation from the company. In other terms,

Marginal and absorption costing, the guinegog is a trader in portable cd-ma...

the guinegog is a trader in portable cd-man. His budgeted output is 5000 units per quarter. The following data was available for the year 1998: Direct labour @ $6 Direct material @

Kripsy kreme, How did round trip transactions violatet the revenue recognit...

How did round trip transactions violatet the revenue recognition principle?

Write Your Message!

Captcha
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