• Q : Exponential probability distribution....
    Basic Statistics :

    Customers arrive at a local ATM at an average rate of 20 perhours. Assume the time arrivals follow the exponential probability distribution. What is the probability that the next customer will

  • Q : Winning the basketball game....
    Basic Statistics :

    Fran believes that the odds in favor of her team winning the basketball game tomorrow are 9 to 7. What is the (subjective) probability that her team will win the game?

  • Q : Probability of die....
    Basic Statistics :

    A die is loaded, and a 6 comes up with probability 1?4. If the die is tossed twelve times, find the probability that

  • Q : Directional and nondirectional hypotheses....
    Basic Statistics :

    When computing a t-test, it is important to distinguish between directional and nondirectional hypotheses as the direction will determine the rejection regions. Describe how the rejection regions w

  • Q : Mean per capita consumption of milk....
    Basic Statistics :

    The mean per capita consumption of milk per year is 113 liters with a variance of 576. If a sample of 193 people is randomly selected, what is the probability that the sample mean would differ from

  • Q : Confidence interval for the population mean price....
    Basic Statistics :

    Determine a 99 percent confidence interval for the population mean price. Would it be reasonable to conclude that the population mean was $2.50? Why or why not?

  • Q : Number of complaints filed....
    Basic Statistics :

    A local police precinct has seen a recent increase in the number of complaints filed regarding how officers are interacting with the public. Before addressing the issue, the commander wants to know

  • Q : General population of college students....
    Basic Statistics :

    Compute a one-sample t-test comparing the age of your sample to the age of the general population of college students in traditional on-ground universities. Assume the population mean is 21.

  • Q : Share value by conducting its own survey....
    Basic Statistics :

    A TV show, Lindsay and Tobias, recently had a share of 10, meaning that among the TV sets in use, 10% were tuned to that show. Assume that an advertiser wants to verify that 10% share value by condu

  • Q : Estimated odds ratios for the two tables....
    Basic Statistics :

    What is the weighted average (Y) of the logs of the estimated odds ratios for the two tables? Report the number to the nearest hundredth decimal place.

  • Q : Assumption of normality....
    Basic Statistics :

    Find the value of t for the difference between two means based on an assumption of normality and this information about two samples. (Use sample 1 - sample 2. Give your answer correct to two decimal

  • Q : Disclosers of earnings forecasts....
    Basic Statistics :

    Test against a two sided alternative, the null hypothesis that the population mean to debt ratios are the same disclosers and non disclosers of earnings forecasts.

  • Q : Population mean by more....
    Basic Statistics :

    Suppose cattle in a large herd have a mean weight of 1337 lbs and a standard deviation of 64. What is the probability that the mean weight of the sample steers would differ from the population mean

  • Q : Find the probability that at least eight....
    Basic Statistics :

    In a region, 80% of the population have brown eyes. If the 10 people are randomly selected, find the probability that at least 8 of them have brown eyes. Is it unusual to randomly select 10 people a

  • Q : Successive trials....
    Basic Statistics :

    You are going to toss a coin repeatedly in successive trials until you get a head for the first time, and then you are going to stop the experiment. Assuming that the coin is unbalanced with P(head)

  • Q : Explain how systematic sampling could be used....
    Basic Statistics :

    A directory of personal computer retail outlets in the United States contains 12,080 alphabetized entries. Explain how systematic sampling could be used to select a sample of 300 outlets.

  • Q : Diagnosing iron deficiency....
    Basic Statistics :

    Serum ferritin is used in diagnosing iron deficiency. In a study conducted recently researchers discovered that in a sample of 28 elderly men the sample standard deviation of serum ferritin was 52.6

  • Q : Confidence interval for the average amount....
    Basic Statistics :

    Suppose we want a 90% confidence interval for the average amount of time (in minutes) spent per week on homework by the students in a large introductory statistics course at a large university.

  • Q : Number of headaches for chronic headache sufferers....
    Basic Statistics :

    A researcher would like to determine if relaxation training will affect the number of headaches for chronic headache sufferers. For a week prior to training, each participant records the number of h

  • Q : Calculate the probability....
    Basic Statistics :

    A bag contains 8 red, 3 white, and 9 blue marbles. If 3 marbles are drawn at random without replacement, calculate the probability that a) all 3 are red; b) all 3 are white; c) at least 1 is white;

  • Q : Increasing the size of the sample affects....
    Basic Statistics :

    If the sample has n=25 scores, then calculate the estimate standard error and determine whether the sample is sufficient to conclude that the treatment has a significant effect? Use a two-tailed te

  • Q : Specific order for assembling a certain product....
    Basic Statistics :

    If there are 10 different screws in a box that are needed in a specific order for assembling a certain product, what is the probability of picking them in the correct order?

  • Q : Stopped for speeding during a given weekend....
    Basic Statistics :

    A smooth talking student has a 1/3 probability of talking a policeman out of giving him a speeding ticket. The probability that he is stopped for speeding during a given weekend is 1/2.

  • Q : Pessimistic decision maker....
    Basic Statistics :

    What decision should be made by the optimistic decision maker? What decision should be made by the pessimistic decision maker?

  • Q : Month salary payoff table....
    Basic Statistics :

    (1) a 25% raise to $2,500 per month; (2) a base salary of $1,000 plus $600 per house sold; or, (3) a straight commission of $1,000 per house sold. Over the past year, Jim has sold up to 6 homes in a

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