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State the degrees of freedom and explain how you calculated it by hand. Identify the p value using SPSS and report it in your answer document.
What is the best fit regression equation that can predict the Wins from Runs? How many games would you expect a team to win if they scored 800 runs in a season?
According to to Investopedia, Mutually exclusive is a statistical term used to describe two or more events that cannot occur simultaneously.
Discuss the nature of the current database. What variables were analyzed? Summarize your descriptive statistics findings from Excel.
What is the critical value if we work with a significant level a = 0.05? What is the decision rule? Calculate the test statistic.
Why may we make mistake using big data? What is fundamental difference between big data analytics and traditional statistical analysis?
Evaluate the charts or tables used to display data in each study, including how well the charts/tables helped the reader understand the data analysis.
What is the probability that the entire batch unnecessarily has to be tested if in fact 95% of its laptops conform to specifications?
Define discrete, continuous and normal distributions. How are they similar/different? What are descriptive statistics? What do they tell the analyst?
Based on your findings above, assess which expansion criteria seem to be more effective. Could any expansion criterion be changed or eliminated?
Describe the concepts of prior probability, conditional probability, joint probability, and posterior probability.
What has caused the increasing profitability of managed care companies and insurance companies in the United States?
Indicate what information should be collected to track and evaluate the effectiveness of your recommendations. How can this data be collected?
Define descriptive and inferential statistics, sample and a population, qualitative and quantitative variables, and finally, discrete and continuous variables.
Discuss how can you apply the concepts of biblical stewardship in your life and business?
Analyze the nature of the current database. What variables were analyzed? Summarize your descriptive statistics findings from Excel.
What is the probability of randomly choosing a Black woman? What is the probability of randomly choosing a White woman AND a Low birth weight?
Do you always trust the statistics you see in print? How about the ones you hear on the news or on your favorite talk show? What makes the statistics credible?
What is the null hypothesis and alternative hypothesis? Identify the test statistic and p-value from your source data.
Discuss one of Miyake's other radical designs that made him a key player in the fashion world.
What are the steps in hypothesis testing for the p-value method? Write two sentences to tell what happens for each step.
Develop a 90% confidence interval for the average yearly income of all pilots. Explain how you know whether to use z or t values in these types of problems.
If you don't put that marble back, what is the probability of drawing another green marble? What is the textbook's definition of conditional probability?
What are 4 characteristics of a binomial experiment? What is probability that batch is incorrectly accepted if only 75% of its laptops conform to specification?