• Q : P-value evaluates the probability....
    Basic Statistics :

    The p-value evaluates the probability that the hypothesis is true. The larger the p-value, the stronger the evidence against the null hypothesis.

  • Q : Independent of production process....
    Basic Statistics :

    At a significance level of .05, the management wants to carry out a hypothesis test to determine if the quality of the items produced appears to be independent of production process employed. Based

  • Q : What is the critical value....
    Basic Statistics :

    What is the critical value of F at the 0.05 level of significance?

  • Q : Calculate the expected number of defective units....
    Basic Statistics :

    At a significance level of .05, the management wants to perform a hypothesis test to determine whether the quality of items produced appears to be independent of the production process used. Calcul

  • Q : Determine the average age of people....
    Basic Statistics :

    A research physician wants to determine the average age of people with diabetes. She takes a random sample of 35 diabetics with a mean age of 50.5 years.

  • Q : Existing drug in treatment of skin....
    Basic Statistics :

    Can the biochemist conclude that this new drug is more effective than the existing drug in treatment of this skin disorder?

  • Q : Airlines sells business as well as tourist class....
    Basic Statistics :

    AA Airlines sells business as well as tourist class seats for its charter flights. To charter plan, at least 15 business class tickets as well as at least 25 tourist class tickets should be sold.

  • Q : Null hypothesis-alternate hypothesis-critical value....
    Basic Statistics :

    The biochemist finds out that 140 patients in his sample show a complete recovery. Employ alpha=5%. Find out the null hypothesis, alternate hypothesis, critical value, p value and conclusion.

  • Q : Determine the average age of people....
    Basic Statistics :

    A research physician wants to determine the average age of people with diabetes. She takes a random sample of 35 diabetics with a mean age of 50.5 years. Assume = 21.2.

  • Q : Real estate agent claims....
    Basic Statistics :

    A real estate agent claims that about 40 cars a day pass a certain house. The traffic is observed for 10 consecutive days with the following results

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

    In the game of roulette, if you bet on the single number $35 for each $1 you wager. There are 18 black, 18 red as well as 2 green slots on the roulette wheel. If your basic bet is $5, determine the

  • Q : Calculate the value of the estimated standard deviation....
    Basic Statistics :

    What proportion of observed variation in total service time can be explained by a linear probabilistic relationship between total service time and the number of machines serviced? (Give the answer

  • Q : Total cost of the policy....
    Basic Statistics :

    Initially you agree, but upon contemplation you think that that model should be amended to account for the quarterly differences. Using EOQ as in the text, find the Q* and total cost of the policy.

  • Q : Compute the odds ratio of developing cancer....
    Basic Statistics :

    A study looking at breast cancer in women compared 100 cases with 100 non-cases. The researchers found that 75 cases did smoke and 25 of the non-cases did smoke. Compute the odds ratio of developing

  • Q : Conduct hypothesis test....
    Basic Statistics :

    Conduct hypothesis test using 0.01 level of significance to test if the kind of treatment is associated with the pain level. Of the 80 given the New Treatment 20 had Low Pain level, 20 had Medium, a

  • Q : Determine the probabiliy which one of the numbers....
    Basic Statistics :

    A pair of fair dice is cast. Determine the probabiliy which one of the numbers falling uppermost is a 5, given that two numbers falling uppermost are different?

  • Q : Production line of manufatoring process....
    Basic Statistics :

    From production line of manufatoring process 400 items are inspected after random selection. It was found that 28 of the items were defective. It is assumed that 10% of the items are defective.

  • Q : Signifance level test claim....
    Basic Statistics :

    Randomly chose statistics students of mr johnson partcipcated in experiment to test their capabilltiy to estimate when 1min or 60 second has passed. 40 students yielded sample mean of 58.3 sec as we

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

    In a study of length of time that studnets need to earn bachelor degrees, 80 students ar erandomly selected adn they are found to have a mean of 4.8 years an standard deviation of 2.2 years. Develop

  • Q : Confidence interval for percantage....
    Basic Statistics :

    Of 493 major league players sruveyed 355 said bonds. Create a 95% confidence interval for percantage of all players who think bonds is the best hitter in baseball history.

  • Q : Company mean vacation days....
    Basic Statistics :

    In the certain company the mean annual vacation period is 15 days, twelve employees were randomly selected from this company and their vacation days were inquired. The following data wew obtained 5,

  • Q : Confidence interval of the difference....
    Basic Statistics :

    Develop a 90% confidence interval of the difference between right arm and left arm systolic blood pressure. Use a 0.05 significance level to test for a difference between the measurements from the two

  • Q : Estimate of the population mean....
    Basic Statistics :

    Suppose that the population has the normal distribution, employ the sample values above to develop a 95% confidence interval estimate of the population mean. Can the result be used to estimate winni

  • Q : Fifth-order autoregressive model....
    Basic Statistics :

    You're given an annual time series with the 40 consecutive values and asked to fit the fifth-order autoregressive model.

  • Q : Interquartile range includes the middle-most....
    Basic Statistics :

    The interquartile range includes the middle-most

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