quantitative techniques, Applied Statistics

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use of quantitative techniques in public sector

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Small sample test for mean, If the sample size is less than 30, then we nee...

If the sample size is less than 30, then we need to make the assumption that X (the volume of liquid in any cup) is normally distributed. This forces    (the mean volume in the sam

Example of discrete random variable, Example of discrete random variable: ...

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Standard cost method, Under the standard cost method which is also referred...

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Solve the normal distribution problem, Assume that the normal distribution ...

Assume that the normal distribution applies and find the critical z value(s). A = 0.04; H1 is mean ≠ 98.6 degrees Fahrenheit. Dteremine the value of Z. Find the value of the

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You are currently working with a supplier who is producing a shaft whose diameter specification is 6.00 ± .003 inches.  Currently, the process is yielding shafts wit

Determine the lower and upper fences, To study the physical fitness of a sa...

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Confidence interval, for this proportion, use the +-2 rule of thumb to dete...

for this proportion, use the +-2 rule of thumb to determine the 95 percent confidence interval. when asked if they are satisfied with their financial situation, .29 said "very sat

Correlation coefficient, Consider three stocks A, B and C costing $100 each...

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Factor analysis, Factor analysis (FA) explains variability among observed r...

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