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When would I use an independent-samples t-test versus a related-samples t-test in statistics?
Statistics and Probability, Statistics
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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 ...
According to the Current Results website, the state of California has a mean annual rainfall of 21 inches, whereas the state of New York has a mean annual rainfall of 55 inches. Assume that the standard deviation for bot ...
Your bank has $153 million in loan commitments which are now being drawn upon. You aren't sure, but you are beginning to think that the bank may have some problems now. What sort of risk are you connected about, and how ...
In a? pre-election poll, a candidate for district attorney receives 253 of 500 votes. Assuming that the people polled represent a random sample of the voting? population, test the claim that a majority of voters support ...
Why are scattered plots necessary when investigating the relationship between quantitative variables?
Fifty-seven percent of employees make judgements about their co-workers based on the cleanliness of their desk. You randomly select 8 employees and ask them if they judge co-workers based on this criterion. The random va ...
A brewery pulls 905 bottles of beer to sample them for quality control . in the past there has been a 0.12 probability that a bottle of beer is defective. Assuming this trend continues, what is the probability that fewer ...
Let N ( m , v ) denote the normal random variable with mean m and variance v . (a) If X is a Standard Normal variable, what is the distribution of the random variable 4 X - 1? (b) If X ~ N (3,1) and Y ~ ...
John plans to take three suits on his business trip. If John owns 8 suits, how many ways can the 3 suits be selected?
Explain how each of the following situations would affect interest rate and consequently, the equity market. a) Sudden increase of capital expenditure by the businesses b) Decrease of household savings in the market c) S ...
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