WHAT STATISTIC WOULD YOU USE IF YOU WANTED TO SEE IF THERE WAS A DIFFERENCE BETWEEN THREE ETHNIC GROUPS ON MATH? EXPLAIN WHY
WHAT STATISTIC WOULD YOU USE IF YOU WANTED TO SEE IF THERE WAS A DIFFERENCE BETWEEN...
a. Explain the difference between Profitability Ratios and Current Ratios. If you could only see one or the other when analyzing a business which would you choose and why? b. Explain the difference between Equity Financing and Debt Financing. If you were a business owner and wanted to raise money to expand your business, would you choose Equity Financing or Debt Financing and why?
A new fever-reducing drug is being tested on 30 people. The ‘Problem 8’ show the time to relief (in minutes) for three ethnic groups divided by sex. Use 2-way ANOVA to see if there is (a) a difference between the means in the three groups; (b) a difference between male and female means; and (c) if there is any interaction between sex and ethnic group in the average time to relief for each group. (a) test statistic: (a) p-value: (a)...
A statistics teacher wanted to see whether there was a significant difference in ages between day students and night students. A random sample of 35 students is selected from each group. The data are given below. Day Students 1 22 1 29 20 20 24 18 24 20 23 24 21 23 27 26 23 21 22 17 30 19 18 22 19 25 19 23 18 25 21 20 18 21 Night Students 18 23 24 27 1925 25...
13. What is the difference between chromatin and chromosomes? A. You would see chromatin in actively dividing cells and not in quiescence cells B. You would see chromosomes in actively dividing cells and not in quiescence cells C. You would see chromosomes in dying cells and little in living cells D. You would see chromatin in dead cells and not in living cells 22. Why are plant cells domed shaped? (A The shape facilitates cellular respiration B. Domed shape allows...
i. What is the difference between sample and population? ii. What is the difference between statistic and parameter? iii. What is the difference between descriptive statistics and statistical inference? iv. Categorical random variable contrast with numerical random variable. v. Compare discrete data from continuous data. saw. Detail the difference between nominal and ordinal scale. vii. Detail the difference between interval and ratio scale. viii. Explain the main reasons for obtaining data. ix. What is the difference between probabilistic and non-probabilistic...
As a manager of an organization, what probability distribution from this week would you use if you wanted to study one aspect of your annual employee turnover? Explain why you would use the probability distribution to study the chosen aspect of employee turnover. In your post, be sure to identify the statistical formulas specifically and what additional data you would need to understand the chosen aspect of employee turnover. For example, some aspects of employee turnovers are employee age, years...
Interpretation and Questions 1. What difference did you see between the unwashed and washed skint Between the use of a scrub brush and no scrub brush 2. What effects did you see from the use of an antiseptic rather than soap?
What is the difference between cost-effectiveness evaluation and utility analysis? When, if ever, would you use utility rather than cost-effectiveness? Why?
A new fever-reducing drug is being tested on 30 people. The ‘Problem 8’ show the time to relief (in minutes) for three ethnic groups divided by sex. Use 2-way ANOVA to see if there is (a) a difference between the means in the three groups; (b) a difference between male and female means; and (c) if there is any interaction between sex and ethnic group in the average time to relief for each group. (a) test statistic: (a) p-value: (a)...
An analyst at a local automotive garage wanted to see if there were relationships between repair time in hours (y) and months since last service(x1), type of repair(x2), whether it was a truck or car(x3), or the mileage of the vehicle(x4). Use a level of significance of 0.05. 1. What is the dependent variable? 2. What are the independent variables? 3. Run the regression analysis with the four independent variables. Write out the prediction equation. 4. From a global perspective...