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Can dependent variables that are categorical be used in linear regression analyis? YES or NO? Please explain!
Statistics and Probability, Statistics
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We toss n coins, and each toss shows heads with probability p, independently of each of the others. Each coin which shows heads is tossed again. What is the distribution function of the number of heads resulting from the ...
A population has a mean μ=79 and a standard deviation σ=24. Find the mean and standard deviation of a sampling distribution of sample means with sample size n=248 μx= ?Simplify your? answer. σx= rounded to three decimal ...
(a) What is the purpose of credit analysis? Discuss the importance of performing a credit analysis if you are suppliers of credit (i.e., commercial banks, non-bank private financing entities).
A recent survey of college seniors evaluated how the students view the "real world" that they are about to enter. One question asked the seniors to evaluate the future job market on a 10-point scale from 1 (dismal) to 10 ...
The new Fore and Aft Marina is to be located on the Ohio River near Madison, Indiana. Assume that Fore and Aft decides to build a docking facility where one boat at a time can stop for gas and servicing. Assume that arri ...
The pH (acidity) of the liquor is critical for regulating dye uptake and hence the final color. There are 5 kettles, all of which receive dye liquor from a common source. Past data show that pH varies according to a Norm ...
Assume that the significance level is alpha equals α=0.05. Use the given statement and find the? P-value and critical? value(s). The test statistic of z equals = -1.53 is obtained when testing the claim that p= 1/6 P-val ...
Retail stores experience their heaviest returns on December 26th and December 27th each year. The distribution for the Number of Items Returned (X) for Hilldale Macy's on those days last year is given in the table below. ...
You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. A random sample of 44 gas grills has a mean price of $6 ...
Height in inches 69 67 69 71 70 72 Weight in lbs 164 161 189 192 184 198 a) Find the equation of the regression line with height as the explanatory variable and use the regression line to find the predicted ...
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