• Q : Confidence interval of the probability of getting....
    Basic Statistics :

    An accounting professor is notorious for being stingy in giving out good letter grades. In a large section of 140 students in the fall semester, she gave out only 5% As, 23% Bs, 42% Cs, and 30% Ds a

  • Q : Jury of n people out of a pool of n people....
    Basic Statistics :

    A judge chooses a jury of n people out of a pool of N people. The choice is uniform among all subsets of n elements of the pool. Unhappy with an outcome, he dissolves this jury (returning the people

  • Q : Taste the compound phenylthiocarbamide....
    Basic Statistics :

    The ability to taste the compound phenylthiocarbamide (PTC) is a genetically controlled trait in humans. Researchers are planning a study to estimate the proportion of these "tasters." For their pur

  • Q : Data violate the assumptions required for use of the f test....
    Basic Statistics :

    The higher the score, the higher the hypnotizability. Assume the data violate the assumptions required for use of the F test, but are at least of ordinal scaling. Using 0.05, what is your conclusion

  • Q : Compute the value of the test statistic....
    Basic Statistics :

    The manufacturer of the X-15 steel-belted radial truck tire claims that the mean mileage the tire can be driven before the tread wears out is 60,000 miles. The population standard deviation of the

  • Q : Larger proportion of men were driving on the new jersey....
    Basic Statistics :

    The National Safety Council reported that 52 percent of American turnpike drivers are men. A sample of 300 cars traveling southbound on the New Jersey Turnpike yesterday revealed that 170 were drive

  • Q : Compute the value of the test statistic....
    Basic Statistics :

    At the .025 level, has Holdlonger increased the shelf life of the chlorine? Estimate the p-value. State the null hypothesis and the alternate hypothesis. State the decision rule for .025 significanc

  • Q : Delivers appliances for a large retail operation....
    Basic Statistics :

    A trucking firm delivers appliances for a large retail operation. The packages (or crates) have a mean weight of 305 lb. and a variance of 2916. (Give your answers correct to four decimal places.)

  • Q : Confidence interval for the true proportion of potatoes....
    Basic Statistics :

    A 95% confidence interval for the true proportion of potatoes in the truck that have major defects is

  • Q : Emergency hotline at a rate....
    Basic Statistics :

    Suppose telephone calls arrive at an emergency hotline at a rate of 5 per hour , and you begin monitoring calls at time t = 0 ( in hours )

  • Q : Estimate the probability that if the company books....
    Basic Statistics :

    An airline company is considering a new policy of booking as many as 281 persons on an airplane that can seat only 270. Past studies have revealed that only 88% of the booked passengers actually arr

  • Q : Estimate the probability of getting....
    Basic Statistics :

    Use normal approximation to estimate the probability of getting exactly 47 girls in 100 births. Assume that boys and girls are equally likely.

  • Q : Capital asset pricing model....
    Basic Statistics :

    The Capital Asset Pricing Model is a financial model that assumes returns on a portfolio are normally distributed. Suppose a portfolio has an average annual return of 14.7% (i.e. an average gain of

  • Q : Possible lurking variable....
    Basic Statistics :

    From their 50 data points (Washington DC not in the study), the researchers calculated a correlation of 0.988. Based on this study, can we say that individuals who spend a lot on groceries also spen

  • Q : Z scores corresponding to the raw scores....
    Basic Statistics :

    A set of 200 score is normally distributed with a mean of 60 and a standard deviation of 12 . What are the z scores corresponding to the raw scores of 76,38,and 50?

  • Q : Z scores corresponding to the raw scores....
    Basic Statistics :

    A set of 200 score is normally distributed with a mean of 60 and a standard deviation of 12 . What are the z scores corresponding to the raw scores of 76,38,and 50?

  • Q : Cumulative distribution function....
    Basic Statistics :

    Suppose a random variable X has density f(x) = c x 3; if x equal or great than 1 0; else ; where c is a constant. What is the cumulative distribution function, FX(x)?

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

    What critical value t* from Table C would you use for a confidence interval for the mean of the population in each of the following situations?

  • Q : Value of sales does the correspond....
    Basic Statistics :

    If the no. of people working is 2 standard deviations above the mean, how many standard deviations above or below the mean you expect sales to be? What value of sales does the correspond to?

  • Q : Estimate the true mean coverage....
    Basic Statistics :

    How large a sample should be taken to estimate the true mean coverage of all 1-gallon cans to within (plus/minus) 5 square feet with 95% confidence?

  • Q : Calculate the cumulative density function....
    Basic Statistics :

    The time to failure of a battery in hours of a personal handheld music device follows an exponential distribution. The expected battery life is 2000 hours. Calculate the cumulative density function,

  • Q : Probability of a manufacturing defect....
    Basic Statistics :

    The probability of a manufacturing defect in an aluminum beverage can is .00009. If 100,700 cans are produced, find the following probabilities.

  • Q : Weekly amount spent on repairs....
    Basic Statistics :

    Suppose thw weekly amount spent on repairs at a certain computer is normally distributed with a mean of $300 and a standard deviation $20

  • Q : Percent level of confidence....
    Basic Statistics :

    A population is estimated to have a standard deviation of 16. We want to estimate the population mean within 3, with a 90 percent level of confidence. How large a sample is required? (Round up your

  • Q : Evaluated the price and performance....
    Basic Statistics :

    In their October 2003 issue, Consumer Reports evaluated the price and performance of 23 models of cordless phones. Computer output gives these summaries for the prices: Min Q1 Median Q3 Max Mean SD

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