Problem 3. Prove/disprove: if X is distributed as a Bernoulli random variable with parameter p, then...
1. For each of the following random variables, determine whether the variable is quantitative or qualitative. Further classify those variables as discrete/continuous or ordinal/nominal (a) Number of telephones per householod (b) Whether there is a fax machine in the household (c) Length (in minutes) of longest local call per month (d) Total time spent on online purchases in a month (e) Educational level of a person 2. It is believed that exercising can lower blood pressure. A medical researcher who...
1) Let x be a continuous random variable that is normally distributed with a mean of 21 and a standard deviation of 7. Find to 4 decimal places the probability that x assumes a value a. between 24 and 30. Probability = b. between 17 and 31. Probability = ------------------------------------------------------------------------------------------------------------------------------------------------------ 2) Let x be a continuous random variable that is normally distributed with a mean of 65 and a standard deviation of 15. Find the probability that x assumes a...
1. Xis a normally distributed random variable with a mean of 12 and a standard deviation of 3. Calculate the probability that x equals 19.62. 2. A simple random sample of 8 employees of a corporation provided the following information 25 32 26 54 22 23 Determine the point estimate for the average age of all employees. What is the point estimate for the standard deviation of the population? Determine a point estimate for the proportion of all employees who...
Practice Statistic Final for Spring 201 9 A Name: Do 1, 4, 5, 6,7 Or 2, 3, 5, 6, 7 ONE PROPORTION rowning deaths of children attributed to beaches is given as 0.25. wring deaths of children has 30% attributed to beaches. 3. The proportion of dro Test the claim that drowning deaths of children attributed to b. Give a 95% Confidence Interval and the EBP. Hypothesis Ho 5 points. 3 points На: p-value Conclusion 6 points b. Give a...
The price to earnings ratio (P/E) is an important tool in financial work. A random sample of 14 large U.S. banks (J. P. Morgan, Bank of America, and others) gave the following P/E ratios.† 24 16 22 14 12 13 17 22 15 19 23 13 11 18 The sample mean is x ≈ 17.1. Generally speaking, a low P/E ratio indicates a "value" or bargain stock. Suppose a recent copy of a magazine indicated that the P/E ratio of...
n-Class Exercise 1 Instructions: Submit your work through Blackboard by the due date. Late submissions are not allowed. You can take photos of or scan your solutions Calculate or write the formulas for each test statistic and p-value for each hypothesis test question (questions 7-10). It is true you will never have to calculate these in real life, however, you should know what Megastat, or any other statistical software, is calculating. 1) According to an IRS study, it takes a...
Amazon to Competition: We Will Crush You! Amazon to Employees: We Will Churn You! Globally, Amazon is one of the largest and most successful companies in any industry. Technological innovation has contributed to its success, as has its employee acquisition practices, which are exceptionally high. The question is what has allowed this company to thrive and maintain its success? This activity is important because it shows how companies like Amazon hire based on personality and individual differences. Such companies place...
Please Answer ONLY F1, F2 and G .
Thanks
Problem: Daycare Management You've been hired as the Chief Statistician for the SummerlsFun Co. The corporation operates a variety of Summer Children Camp/Daycare chains: ParentsOasis SunAndPlay NoPlaceLikeHome As part of their ongoing marketing effort, SummerIsFun Co. collects a variety of statistics about their members. The database includes the following data (a) Child's age category: infant, toddlers, preschool, pre-K к} (b) Child's BMI category: underweight, normal weight overweight, obese (e) Number of...
For each question below select the best answer from those listed and give your reasoning. Your reasoning need only be a sentence or two. It is not enough to get the right answer, you must know why it is the right answer. Question 5 Fred's friend claimed that Canadians tend to be jerks. Fred wondered if that was true, and tested it by checking to see how many Canadian jerks he could think of. Fred's cognitive strategy is ["the availability...
The following ANOVA model is for a multiple regression model
with two independent variables:
Degrees
of
Sum
of
Mean
Source
Freedom
Squares
Squares
F
Regression
2
60
Error
18
120
Total
20
180
Determine the Regression Mean Square (MSR):
Determine the Mean Square Error (MSE):
Compute the overall Fstat test statistic.
Is the Fstat significant at the 0.05 level?
A linear regression was run on auto sales relative to consumer
income. The Regression Sum of Squares (SSR) was 360 and...