ACS Sample Industries

i. Describe each regression in words and as an equation. Describehow you created your “new” variableii. Describe what the coefficient on the business degree indicatorvariable means in regression A versus regressions C and D.iii. Interpret all of the other coefficients...

Stats Multiple Choice Problems with Solution

Suppose a random sample of 49 is selected from a population with a standard deviation of 14. If the sample mean is 125, the 99% confidence interval to estimate the population mean is between ____________ .120.00 and 130.00119.85 and 133.15119.85 and 130.15119.85 and...

MINITAB Assignment 3 Spring 2014

You will be calculating the mean, standard deviation, and probabilities based on the binomial distribution and calculating probabilities based on the normal distribution. Use MINITAB to calculate these probabilities and to find the means and standard deviations. You...

STAT 578 – Chapter 9, 10 & 12 Questions

Essay Type (show your work in Excel) Show your hypotheses and calculated test statisticsChapter 91. The average waiting time per customer at a fast food restaurant has been 7.5 minutes. The customer waiting time has a normal distribution. The manager claims that the...

Week 2 Testing means with the t-test

Week 2 Testing means with the t-test <Note: use right click on row numbers to insert rows to perform analysis below any question> For questions 2 and 3 below, be sure to list the null and alternate hypothesis statements. Use .05 for your significance level in...

Midterm exam part 2

Midterm Exam (Part 2) There are six (6) total questions over two (2) pages. Part 2 is worth sixty (60) total points. Please ensure that you have also completed the multiple choice portion (Part 1) of this exam. Name: _____________________________________________...

Maths -Student Anxiety Scores

A study wants to examine the relationship between student anxiety for an exam and the number of hours studied. The data is as follows: MStudy Hours51106521181254134266512Why is a correlation the most appropriate statistic?What is the null and alternate hypothesis?What...

Maths- Compute the p-value and interpret

LOCATION INCOME($1000) SIZE YEARS CREDIT BALANCE($) Rural 30 2 12 3159 Rural 31 2 4 1864 Rural 37 1 20 2731 Rural 27 1 19 2477 Rural 33 2 12 2514 Rural 44 1 7 2995 Rural 42 2 19 3020 Rural 30 1 14 2583 Rural 48 2 8 3866 Rural 50 2 11 3605 Rural 35 1 11 3121 Rural 27 2...

BUS 308 Week 4 – Chi Square and CI for mean

Week 4 Confidence Intervals and Chi Square (Chs 11 – 12) Let’s look at some other factors that might influence pay. For question 3 below, be sure to list the null and alternate hypothesis statements. Use .05 for your significance level in making your...