• Q : Standard deviation of waiting time....
    Basic Statistics :

    Given the student waited less than 45 minutes, what is the probability they waited less than 20 minutes? What is the standard deviation of waiting time?

  • Q : Compute confidence intervals for risk and odds rations....
    Basic Statistics :

    To carry hypothesis tests or to compute confidence intervals for risk and odds rations, we use the natural log of the sample risk or odds ration in place of their actual values. We do because:

  • Q : Continuous or discrete random variable....
    Basic Statistics :

    If a chemical compound is randomly selected and its pH X is determined, is X a continuous or discrete random variable? Explain. (Note: pH reading runs from 0 to 14)

  • Q : Write the null and alternative hypotheses....
    Basic Statistics :

    Write the null and alternative hypotheses. In this context, describe the Type I error possible. How might such an error impact the company?

  • Q : Probability density function....
    Basic Statistics :

    Determine the 2nd moment of X. Obtain an estimator of sigma using the method of moments and then compute the estimate for the data.

  • Q : Determining the discrete random variable....
    Basic Statistics :

    The probability mass function, Px(x), of a discrete random variable X is given by:

  • Q : Confidence interval for the variance of the bowling....
    Basic Statistics :

    A company produces a women's bowling ball that is supposed to weigh exactly 14 pounds. Unfortunately, the company has a problem with the variability of the weight. In a sample of 12 of the bowling b

  • Q : What is the lower limit....
    Basic Statistics :

    What is the lower limit of the 99% interval? Give your answer to three decimal places. What is the upper limit of the 99% interval? Give your answer to three decimal places.

  • Q : Probability that it will be discovered by company....
    Basic Statistics :

    If B discovers oil, the probability that A will also discover oil is increased by 20%. Assume that the chance of C discovering oil is independent of A and B. i) What is the probability that oil will

  • Q : Estimating the mean amount of garbage per....
    Basic Statistics :

    A sanitation department is interested in estimating the mean amount of garbage per bin for all bins in the city. In a random sample of 40 bins, the sample mean amount was 52.8 pounds and the sample

  • Q : Minutes of sale before a particular draw....
    Basic Statistics :

    If fewer than 10 tickets are sold in the nal 10 minutes of sale before a particular draw, what is the probability that the top prize in that draw is $10,000,000 or more?

  • Q : Estimating the proportion of individuals....
    Basic Statistics :

    A web based software company is interested in estimating the proportion of individuals who use the Firefox browser. In a sample of 200 of individuals, 19 users stated that they used Firefox. Using t

  • Q : Representing a discrete probability distribution....
    Basic Statistics :

    Give an example representing a discrete probability distribution and another example representing a continuous probability distribution. Explain why your choices are discrete and continuous.

  • Q : Confidence interval for the variance of the bowling....
    Basic Statistics :

    A company produces a women's bowling ball that is supposed to weigh exactly 14 pounds. Unfortunately, the company has a problem with the variability of the weight. In a sample of 7 of the bowling ba

  • Q : Administration of flu shots....
    Basic Statistics :

    For a sample size of 30 people who took the shots, the average number of absences was M=3.6 with a sum of squares =396. Did the administration of flu shots significantly reduce absentieeism?

  • Q : Region of interest....
    Basic Statistics :

    Draw a Venn Diagram illustrating the region of interest for each of a)-d). Continuing with problem 5) above. Find the probabilities of the following events:

  • Q : Starts out at a random time....
    Basic Statistics :

    Another old wombat, slower but tougher, requires 24 seconds to cross the road, but it takes two cars to kill him. (A single car won't even slow him down.) If he starts out at a random time, determin

  • Q : New landscaping company....
    Basic Statistics :

    What values of X are consistent with the previous landscaping company's failure rate? What values of X indicate that the new landscaping company has a higher failure rate than the previous contractor?

  • Q : Probability that exactly one of them survives....
    Basic Statistics :

    Another old wombat, slower but tougher, requires 24 seconds to cross the road, but it takes two cars to kill him. (A single car won't even slow him down.) If he starts out at a random time, determi

  • Q : Expected value and standard deviation....
    Basic Statistics :

    Bell Curve, Inc., estimates the expected value and standard deviation of its total liability losses for the forthcoming year as $10 million and $3 million, respectively. If Bell Curve assumes that t

  • Q : Number of days of sick....
    Basic Statistics :

    Suppose that the number of days of sick leave taken by employees has a distribution that is skewed right. Does this new information change your answer in (part a)? WHY?

  • Q : Develop quality ratings for transatlantic gateway airports....
    Basic Statistics :

    The International Air Transport Association surveys business travelers to develop quality ratings for transatlantic gateway airports. The maximum possible rating is 10.

  • Q : Most popular methods....
    Basic Statistics :

    The strength of one's immune system can be evaluated in several ways. One of the most popular methods involves measuring the concentration of adenosine triphosphate (ATP) in the blood.

  • Q : Advantages of a preschool program....
    Basic Statistics :

    A psychologist is examining the educational advantages of a preschool program and suspects that there will be significant differences in achievement based on preschool attendance.

  • Q : True proportion of registered voters....
    Basic Statistics :

    A campaign manager believes that 28% of registered voters In A state will vote for their candidate. How large a sample is needed to estimate the true proportion of registered voters who will vote fo

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