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What does the confidence level of a confidence interval tell you?
Suppose that a population has mean, µ, and standard deviation, σ. What does the central limit theorem tell us about the distribution of the sample mean?
Government regulations indicate that the total weight of cargo in a certain kind of airplane cannot exceed 310 kg. On a particular day a plane is loaded with 100 boxes of a particular item only. Historically, the weight distribution for the individual boxes of this variety has a mean of 3.2 kg and standard deviation 0.4 kg.
a. Interpret the meaning of the "a mean of 3.2 kg" in terms of repeated samplng.
b. What is the distribution of the sample mean weight for the boxes (give the name of the distribution and appropriate parameter values)?
c. What is the probability that the government regulation is met?
Of the 6,325 kindergarten students who participated in the study, almost half or 3,052 were eligible for a free lunch program. The categorical variable sesk (1 == free lunch, 2 = n
give a elementary example for characterstics of index number
Grouped Data In order to find the median, the median class is to be first located and then interpolation is to be used by assuming that items are evenly spaced over the entire
Angle Count method The method for estimating the proportion of the area of a forest which is in fact covered by the bases of trees. An observer goes to each of the number of po
The Maju Supermarket stocks Munchies Cereal. Demand for Munchies is 4,000 boxes per year and the super market is open throughout the year. Each box costs $4 and it costs the store
Case Problem: A Bipartisan Agenda for Change In a study conducted by Zogby International, more than 700 New Yorkers were polled to determine whether the New York state government w
whats mean by Double Exponential Smoothing
Pattie-Lynn's utility function for total assets is, in which A represents total assets in thousands of dollars. (a) Graph Pattie-Lynn's utility function. How would y
what are characteristics of a population for which it would be appropiate to use mean/median/mode
Types of cost-reimbursable contracts are: Cost Plus Fixed Fee contract (CPPF): Compensation is based on a fixed sum independent of the final project cost. The customer a
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