How is the analysis affected if requirements are violated
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)? Why is analysis of residuals important?
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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.
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?
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.
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.
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)?
Describe some benchmarking performance metrics for the airline industry.
At a point P, the electric field is 71 N/C at 22 degrees clockwise from the positive x axis. A particle of mass 1.5 kg and charge 0.17 C is located at P. Find:the magnitude of the force on the particle: N,the direction of the force on the particle,pa
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. Construct a scatter plot. For these data, bo=145 a
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 mean cost.
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