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A chi-square test for goodness of fit is used to test whether or not there are any preferences among three brands of cola. If the study uses a sample of n = 60 subjects, then the expected frequency for each category would be:
a. 1
b. 15
c. 20
d. 60
Statistics and Probability, Statistics
In a sample of 28 cups of coffee at the local coffee shop, the average temperature was 162.5 degrees with a standard deviation of 16.7 degrees. What would be the 95% confidence interval for the temperature of your cup of ...
You paid cash for $1,300 worth of stock a year ago. Today the portfolio is worth $1,888. a. What rate of return did you earn on the investment? b. Now suppose that you bought the same stock but bought it on margin. The ...
A 10-year annuity-immediate pays 100 quarterly for the first five years. Starting year 6, the annuity immediate pays 300 quarterly for the remaining five years. There is a nominal annual interest of 8% convertible quarte ...
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Translate the statement into a confidence interval for p. Approximate the level of confidence. In a survey of 1000 U.S. adults, 19% are concerned that their taxes will be audited by the Internal Revenue Service. The surv ...
Determine the sample size n needed to construct a 99?% confidence interval to estimate the population mean when σ=24 and the margin of error equals 9.
Your supervisor comes to you and says she would like a marketing research study. She says there is a budget of $30,000. She would like to conduct a simple random sample of consumers interested in using the services of th ...
You have two investments that either make money or lose money. Each one has a 60 percent chance of making money, and a forty percent chance of losing money. There is a 30 percent chance that both investments make money. ...
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