• Q : Determine a hiring policy....
    Basic Statistics :

    The business school wants to maintain a faculty with 100 members, of which x% are untenured. Determine a hiring policy that will achieve this goal.

  • Q : Mean annual salary for male and female graduates....
    Basic Statistics :

    Determine the probability that, for random sample of 150 female graduates, the mean annual salary is at least $126425.

  • Q : Explain a correlation analysis....
    Basic Statistics :

    Explain a correlation analysis, and give an example of one. Give examples of dependent and independent variables, as well.

  • Q : Mean annual salary for male and female graduates....
    Basic Statistics :

    The mean annual salary for male and female graduates of "top 20" MBA program 10 years after graduation is $163,000 and $115,000, respectively.

  • Q : Microsoft word document....
    Basic Statistics :

    Move your output in Microsoft Word document and write down a one-paragraph, APA-formatted interpretation of results.

  • Q : Monty hall problem....
    Basic Statistics :

    Suppose we play modified version of Monty Hall game. In this version, there're five doors instead instead three. Four of the doors have goats, and one haves the car.

  • Q : Compute the optimal strategy....
    Basic Statistics :

    Suggest a variant of game in which if the dime is taken the game stops, but if the nickel is taken then game is repeated with probability p. Suppose that p < 1, so the game will eventually stop.

  • Q : Interview random sample....
    Basic Statistics :

    You interview random sample of 50 adults. The results of the survey explain that 38% of the adults said they were more likely to purchase a product when there're free samples. At a=.005, can you rej

  • Q : Determine the probability that at least....
    Basic Statistics :

    A study explains that 35% of American families who are given coupons will try new product in the first six months. If 100 families are given coupons determine the probability that at least 30 of the

  • Q : Guarantees that mean life of a certain kind of light bulb....
    Basic Statistics :

    A light bulb manufacturer guarantees that mean life of a certain kind of light bulb is at least 800 hours. A random sample of 39 light bulbs has mean life of 786 hours with standard deviation of 55

  • Q : Determine the probability of a union b....
    Basic Statistics :

    Suggest two events A and B. The probability of A is 0.3, the probability of B is 0.4, and probability of A intersect B is 0.2. Determine the probability of A union B?

  • Q : Exponential distributions with mean....
    Basic Statistics :

    Assume that the lifetimes of batteries employed in tablet computer follow independent Exponential distributions with mean 1.5 years. If battery fails, it is immediately replaced by identical battery

  • Q : Binomial random variable....
    Basic Statistics :

    Suppose that X is binomial random variable with n = 10 and p = 0.70. Calculate the following probabilities.

  • Q : Determine the following value....
    Basic Statistics :

    Given three groups: A, B and C; and supposing all assumptions are satisfied, determine the following value: SSE. Calculate your answer accurate to two decimals. Round to the nearest hundredth.

  • Q : Probability that a randomly selected student....
    Basic Statistics :

    In the classroom there're 100 students. 60 of them are male. There're 50 seniors in the class and 20 of the females are seniors. Determine the probability that a randomly selected student is a male

  • Q : Median time to failure....
    Basic Statistics :

    Show that the median time to failure is less than the MTTF for constant hazard components.

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

    Change last number from 1.53 to 50 and recalculate confidence interval. Using the results, explain the effect of outlier or extreme value on confidence interval.

  • Q : Mean and the standard deviation of sampling distribution....
    Basic Statistics :

    Provide the mean and the standard deviation of the sampling distribution of the sample mean x. Find the probability that x exceeds 114.

  • Q : Drawn under the situations of branch....
    Basic Statistics :

    A bag haves 5 white marbles and 45 blue marbles. Five balls are drawn under the situations of branch 2 (Branch 2 means repitition isn't allowed, but order doesn't matter).

  • Q : Find out the control limits....
    Basic Statistics :

    A hospital emergency department is monitoring time needed to admit the patient using x-bar and R charts. The Table given below presents summary data for 20 subgroups of two patients each (time is i

  • Q : Denote the number of tosses....
    Basic Statistics :

    Suggest an experiment where fair coin is tossed till a head comes up the first time. Let X denote the number of tosses until the first head appears, find P(X>=2) directly and using complement ru

  • Q : Converges in probability....
    Basic Statistics :

    Let X1,...,Xn be random sample from population X, where P(X = 1) = p and P(X = 0) = 1 p. Describe that Xn converges in Probability to p.

  • Q : Standard beta distribution with alpha....
    Basic Statistics :

    Assume the proportion X of surface area in randomly chosen quadrat that is covered by the certain plant has standard beta distribution with alpha = 5 and beta = 2

  • Q : Conduct a hypothesis test of whether the long-run....
    Basic Statistics :

    A statistics professor has asked his students to flip coins over years. He has kept track of how many flips land heads and how many land tails. Combining the results of his students over many years,

  • Q : Random sample from a normal distribution....
    Basic Statistics :

    Do such numbers appear to be a random sample from a normal distribution? Does this list of numbers have any interesting anomalies?

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