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Author Archives: Anonymous

Q3 – what confidence value should be used when computing the…

Q3 – what confidence value should be used when computing the margin of error? (3 decimal places)

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Q3 – what is the point estimate for the mean? (2 decimal pla…

Q3 – what is the point estimate for the mean? (2 decimal places)

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Q1 – what is the finite population correction factor? (4 dec…

Q1 – what is the finite population correction factor? (4 decimal places)

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A customer survey reports 82% satisfaction ± 4% at a 95% con…

A customer survey reports 82% satisfaction ± 4% at a 95% confidence level. If you’re briefing leadership, what’s the right way to frame this?

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Q2 – what is the standard error? (2 decimal places)

Q2 – what is the standard error? (2 decimal places)

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Q1 – what is the probability that the mean amount spent per…

Q1 – what is the probability that the mean amount spent per person will be less than $56.00? (4 decimal places)

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Q1 – what is the probability that the mean amount spent per…

Q1 – what is the probability that the mean amount spent per person will be less than $62.00? (4 decimal places)

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Provide a P-Value, a determination of whether to reject the…

Provide a P-Value, a determination of whether to reject the null, and an explanation.Use a t-test to test the claim μ = 21 at α = 0.01, given the sample statistics n = 12,  

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Provide a P-Value, a determination of whether to reject the…

Provide a P-Value, a determination of whether to reject the null, and an explanation.Use a t-test to test the claim μ = 18 at α = 0.01, given the sample statistics n = 12,  

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Provide a P-Value, a determination of whether to reject the…

Provide a P-Value, a determination of whether to reject the null, and an explanation.Use a t-test to test the claim μ = 11 at α = 0.01, given the sample statistics n = 12,

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