Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Q1) Serum ferritin is used in diagnosing iron deficiency.  In study conducted recently researchers discovered that in sample of 28 elderly men sample standard deviation of serum ferritin was 52.6 mg/L.  For 26 younger men sample standard deviation was 84.2 mg/L. At.01 level of significance, do these data support conclusion that ferritin distribution in elderly men has smaller variance than in younger men?

i) No, as test value 1.60 is less than critical value of 2.54         

ii) Yes, as the test value 2.56 is greater than critical value of 2.54

iii) Yes, as the test value 0.390 is less than critical value 2.54

iv) Yes, as the test value 2.56 is greater than critical value 0.394

Q2) Lawyer researched average number of years served by 45 different justices on Supreme Court. Average number of years served was 13.8 years with standard deviation of 7.3 years.  What is 95% confidence interval estimate for average number of years served by all Supreme Court justices? 

Lower limit (first blank) = __________, Upper limit (second blank) = ___________.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9172303

Have any Question?


Related Questions in Statistics and Probability

Gven that x is binomially distributed with n 36 and p

Given that X is binomially distributed with n = 36, and p = 0.33, use the normal approximation to the binomial (with correction for continuity) to estimate the probability that X is less than 14? Round your answer to 2 p ...

Net present valuenbspriggs corp management is planning to

Net present value:  Riggs Corp. management is planning to spend $650,000 on a new- marketing campaign. They believe that this action will result in additional cash flows of $325,000 over the next three years. If the disc ...

Inbspa statistics instructor wants to measure the

I. A statistics instructor wants to measure the effectiveness of his teaching skills in a class of 66 students ( N  = 66). He selects students by waiting at the door to the classroom prior to his lecture and pulling asid ...

Shelton inc has the following capital structure its

Shelton Inc has the following capital structure. Its corporate tax rate is 40%. Security Market Value Required Rate of Return Debt $10million 2%Preferred stock  20million  4 Common stock  50million  8  What is its WACC?

Calculate cash inflow or outflow from operating activities

Calculate cash inflow or outflow from operating activities given the following information: Net loss - $12,000; depreciation expense $3,000; increase in AR $1,250; decrease in inventory $900; increase in AP $760.

Approximately once a month cars are shipped from rotterdam

Approximately once a month cars are shipped from Rotterdam, Holland to Lagos, Nigeria. The past data collection indicates that the weight of a car is normally distributed with the mean of 1,070 kg and the  standard devia ...

Acme airlines flies airplanes that seat 20 passengers from

Acme Airlines flies airplanes that seat 20 passengers. From experience, they have learned that, on average, 85% of the passengers holding reservations for a particular flight actually show up for the flight. If they book ...

A random sample of 40 hotel reviews is drawn from a large

A random sample of 40 hotel reviews is drawn from a large population of hotel customers. It's known that 30% of the population left the hotel 1 star, 20% left 2 stars, 20% left 3 stars, and 30% left 4 stars. Give the hot ...

Robertson steel is forecasting the following

Robertson Steel is forecasting the following numbers: EBIT  $1,000,000 Interest Expense       300,000 ROE                          20% The company is in the 40 percent tax bracket. After putting together the forecast the ...

How could legislation impact on operations within your

How could legislation impact on operations within your organisation in relation to innovation, project management, and operational planning? Briefly outline any relevant requirements (e.g. intellectual property, WHS).

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As