• Q : Significant difference in the proportion of people....
    Basic Statistics :

    At the 0.05 level of significance, determine whether there is a significant difference in the proportion of people who eat out at least once a week in the various countries.

  • Q : Determining the standard deviation of average....
    Basic Statistics :

    Consider two random variables with standard deviations equal to 1.5 and 2.1. The standard deviation of the average of these two variables is equal to 1.7. The covariance is then equal to:

  • Q : Predict rating for trainer by estimated regression equation....
    Basic Statistics :

    Use the least squares method to develop the estimated regression equation. Use the estimated regression equation to predict the rating for an ellipitical trainer witha price of $1500.

  • Q : Statistical error probabilities....
    Basic Statistics :

    Is the average run length performance of a control chart a more meaningful measure of performance than the type I and type II error probabilities? What information does ARL convey that the statisti

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

    A random sample of 55 standard hotel rooms in the Philadelphia, PA area has a mean nightly cost of $154.17 and a standard deviation of $38.60. Construct a 99% confidence interval for the population

  • Q : Constructing a scatter plot....
    Basic Statistics :

    The marketing manager of a larger supermarket chain would like to use shelf space to predict the sales of pet food. A random sample of 12 equal-sized stores is selected, with the following results.

  • Q : Benchmarking performance metrics....
    Basic Statistics :

    Describe some benchmarking performance metrics for the airline industry.

  • Q : How is the analysis affected if requirements are violated....
    Basic Statistics :

    What are the requirements that must be met for a regression analysis? How is the analysis affected if these requirements are violated ("The test won't work or be valid" is not an acceptable answer

  • Q : Select a systematic sample....
    Basic Statistics :

    Select a systematic sample of 50 invoice numbers. Use the random numbers in row 20,columns 5-7 ,as the starting point for your selection.

  • Q : Calculate the expected value of the game....
    Basic Statistics :

    A player tosses two coins. If two heads show he wins $4. If one head shows he wins $2, but if two tails show he must pay a $3 penalty. Calculate the expected value of the game to him.

  • Q : What is the importance of the coefficient of determination....
    Basic Statistics :

    What terms describe the fit of a regression equation to the data? What is the importance of the coefficient of determination (r2)? How do you identify outliers in your data?

  • Q : Probability of the surgery....
    Basic Statistics :

    A surgical technique is performed on seven patients. You are told there is a 70% chance of success. Find the probability that the surgery is successful for exactly five patients.

  • Q : Find conditional probability that there are three aces....
    Basic Statistics :

    A hand of 13 cards is dealt at random and without replacement from an ordinary deck of 52 playing cards. Find the conditional pr that there are at least three aces in the hand, given that there

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

    If Elyse and Jodi are roommates, what is the probability that parties for these two students are back to back?

  • Q : Compute the probability of being dealt at random....
    Basic Statistics :

    Compute the probability of being dealt, at random and without replacement, a 13-card bridge hand consisting of 13 cards of the same unit?

  • Q : Estimatingh the percentile....
    Basic Statistics :

    What does it mean to say that your score on test one in statistics was in the 90th percentile? explain

  • Q : In how many ways sample selected if five of balls are red....
    Basic Statistics :

    A sample of 8 is to be picked from the box. In how many ways can a sample be selected so that at least 5 of the balls are red?

  • Q : Standard score for a score....
    Basic Statistics :

    A set of data is normally distributed with a mean of 200 and a standard deviatioon of 50. What would be the standard score for a score of 100?

  • Q : Identify which sampling is used if names are picked from bag....
    Basic Statistics :

    The name of each contestant is written on a separate card, the cards are placed in a bag, and three names are picked from the bag. Identify which type of sampling is used and why?

  • Q : Random sample of all of car loans....
    Basic Statistics :

    A bank has just made 200 car loans. The bank's records indicate that about 7% of their customers make late payments on their car loans. We will consider these 200 loans to be a random sample of all

  • Q : Find probabilities that exactly two of three events occur....
    Basic Statistics :

    Supposed that A, B, and C are mutually independent events and that P(A)=0.5, P(B)=0.8, and P(C)=0.9. Find the probabilities that exactly two of the three events occur.

  • Q : Interpretation of the p-value....
    Basic Statistics :

    Differentiate the interpretation of the p-value from the interpretation of a confidence interval in determining statistical significance.

  • Q : Write disadvantages of using a repeated-measures study....
    Basic Statistics :

    Analyze the advantages and disadvantages of using a repeated-measures study (or within-subjects design), instead of a between-subjects design.

  • Q : What is the sample standard deviation....
    Basic Statistics :

    Use ActTemps to develop a point estimate of the number of minutes per day officeworkers waste trying to locate mislabeled, misfiled, or misplaced items. What is the sample standard deviation?

  • Q : Probability that it is a fair coin....
    Basic Statistics :

    A hat contains n coins, f of which are fair, and b of which are biased to land heads with probability 2/3. A coin is drawn from the hat and tossed twice. The first time it lands heads, and the seco

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