Answer the following question in 5-6 sentences. What are the pros and cons of a large current account deficit? What can the government do to reduce a current account deficit?

Q: Internet tax: In  2013 , a consulting company asked  1019  U.S. adults whether they believed…

A: The objective of the question is to test the hypothesis that more than 39% of U.S. adults favor an…

Q: Assume that a procedure yields a binomial distribution with a trial repeated n = 18 times. Use…

A: k=9n=total number of times in trail=18p=probability of success in single trail=0.54q=1-p=probability…

Q: Please indicate the units of analysis for each of the following questions: What is your occupation?…

A: The objective of the question is to identify the units of analysis for each of the given questions.…

Q: 3. The time taken for each person in a group to complete a puzzle is given below. Time Taken…

A: The frequency distribution of the time taken (in minutes) to solve the puzzle is given as…

Q: Compute the following for a =0.05 and df = 44: a/2 The right critical value: ta/2 1-a/2 The left…

A: Given,Level of significance, α = 0.05Degrees of freedom, df = 44

Q: Show work when necessary, explain in complete sentences, and use appropriate notation. 1)taThe…

A: It is required to identify the sample that provides the most evidence in support of the claim, and…

Q: For the given scenario, determine the type of error that was made, if any. (Hint: Begin by…

A: The objective of the question is to determine if an error was made in the hypothesis testing process…

Q: Express the confidence interval (205.3, 474.5) in the form of ± ME. T + ME Question Help: Message…

A: The confidence interval is (205.3 , 474.5)Lower confidence limit(LCL)=205.3Upper Confidence…

Q: However, a random sample of 30 US women has a mean height of 67 inches with standard deviation of…

A: The mean height of US women is at most =65 inchesThe random sample n=30standard deviation =6.2level…

Q: There are 20 crew members at a given university. You want to calculate the probability that their…

A: The question is about sampling distribution.Given :Selected no. of crew members ( n ) = 20Population…

Q: A population has a mean μ=169 and a standard deviation σ=21. Find the mean and standard deviation…

A: Mean()=169standard deviation()=21sample size(n)=46

Q: a. Calculate the 95% confidence interval for the correlation between nest area and egg length.…

A: Given,the correlation coefficient between the size of the nest and the size of the egg..and their…

Q: 3.2-3. Let X have an exponential distribution with mean > 0. Show that P(X > x+y|X > x) = P(X > y).

A:

Q: K1 IS GIVEN AS 0.58, FROM TABLE OF JOINT PMF ATTACHED TO THIS QUESTION, SOLVE THE FOLLOWING FOR…

A: The joint PMF of random variables and  is given by: 0.150.20.100.30.00.25Also, given that:

Q: Say we are looking at 10 pairs of students and are comparing the number of hours they studied for…

A: Given that

Q: Ramp metering is a traffic engineering idea that requires cars entering a freeway to stop for a…

A: There are two independent samples which are Ramp Meters On and Ramp Meters Off.We have to test…

Q: Give a numerical description, and a short non-numerical description, of any variation seen within…

A: The objective of this question is to understand the variation in the respiratory rate before and…

Q: Cable TV choices: A telecommunications company provided its cable TV subscribers with free access to…

A: The question is about hypothesis testing.Given :Sample no. of television viewers ( n ) = 385No. of…

Q: using the discrete RV X whose CDF is given below, B = x*0.58, mathematically describe the PMF of (B)…

A: From the above CDF plot we have calculated the pmf values for different values of x.Now to…

Q: Problem #5: Find the EPV of a whole life insurance policy that pays an amount at the time of death…

A: given that ;to find:EPV of whole life insurance policy.

Q: What is the planning value for the population standard deviation? 4450 (a) How large a sample should…

A: Given,the maximum salary for graduates, .the inimum salary for graduates, .95% confidence.To,find…

Q: (c) Show all details of the test described in part (b) and use a 5 % significance level. Give the…

A: The question is about hypothesis testing.From given computer output :Sample no. of lakes ( n ) =…

Q: Assume the hold time of callers to a cable company is normally distributed with a mean of 4.0…

A: It is given that Mean = 4Standard deviation = 0.3

Q: Pinecrest Academy conducted a health and fitness survey on a random sample of its 36 high school…

A: By the given information, we haveNumber of the high school senior  who have resting heart rate of…

Q: Let X = (X1, X2, ..., Xn)T be a random vector with mean vector μ and covariance matrix Σ. Suppose…

A: a) The moment generating function (MGF) of a random variable is defined as the expected value of…

Q: What size sample should be obtained to be 95% confident that the sample proportion will not differ…

A: Suppose p is the true population proportion.

Q: Find the proportions p(z > 1.47) p(z > -1.26) p(z < 0.73)

A: It is given that the standard normal random variable Z with mean 0 and standard deviation of 1.Note:…

Q: Anystate Auto Insurance Company took a random sample of 372 insurance claims paid out during a…

A:

Q: Consider the following hypothesis test. Ho: H1-12 50 Hai thì t20 The following results are for two…

A:

Q: Consider the following estimated regression model relating annual salary to years of education and…

A: The regression equation is . Both the employees have 5 years of experience but the employee with a…

Q: A survey commissioned by the Southern Cross Healthcare Group reported that 16% of New Zealanders…

A: 1.Suppose p is the true population proportion of people, who consume five or more servings of drinks…

Q: A nutritionist claims that the mean tuna consumption by a person is 3.4 pounds per year. A sample of…

A: The population mean = 3.4The sample size n = 60The sample mean = 3.3The standard deviation = 1.15

Q: You own a hamburger franchise and are planning to shut down operations for the day, but you are left…

A: The provided information is as follows:The total number of buns left is 12.The total number of beef…

Q: Suppose it is true that 12% of all students from the prep program are admitted to the medical…

A: Given that, a certain medical school accepts only 8% of applicants. Claim: A prep program claims…

Q: Suppose that you calculated the sample size needed to estimate a population proportion within a…

A: Given that,We have calculated the sample size needed to estimate a population proportion within a…

Q: Joe's Window Washing is searching for an ideal location to support its Houston customers. It washes…

A: Given the (x,y) point and population.wants to calculate X-Y coordinates for the optimal location…

Q: Suppose an experiment has five equally likely outcomes: E₁, E₂, E3, E4, E5. Assign probabilities to…

A: Classical method  in probabilty is the experiments have a fixed number of basic outcomes, which are…

Q: 7. Using the formulas you would obtain, determine the probability of the follow: i. The bag contains…

A: Note: “Since you have posted multiple questions with multiple sub-parts, as per the guidelines, we…

Q: The scores on a job aptitiude test are normally distributed with mean 400 and standard deviation…

A: Since you have posted a question with multiple subparts, we will provide solution to the first three…

Q: What percent of a standard Normal model is found in each region? Draw a picture first a) z>0.55…

A:

Q: The regulation of electric and gas utilities is an important public policy question affecting…

A: Given,the dendrogram of the hierarchical clustering of energy companies.To,find the first two…

Q: Convert to raw-scores M = 15, s = 7 Z 1.00 0.50 0.15 -0.25 -1.30 -2.45 Blank 1: Blank 2: Blank 3;…

A: The mean is  and the standard deviation is .

Q: draw what a positive relationship between variables would look like on the x & y axis

A: It is needed to draw a positive relationship between variables on x and y axis.

Q: What are the hypotheses for this test? Ho: PP Ps= P4 P Po 0.167 HA one of these proportions is…

A: Claim:  There is a relationship between gender and favorite color.

Q: If this was 2 sample independent data, what assumption(s) would we need to check? 25 normally…

A: Hypothesis is an assumption that is being tested.

Q: x is a gaussian random variable with a PDF as described above, where μ is the mean, σ is the…

A: For the given Gaussian distribution, the parameters are specified as follows:The mean, μ.The…

Q: Consider the following estimated regression model relating annual salary to years of education and…

A: Given that,The estimated regression model relating annual salary to years of education and work…

Q: Consider the following estimated regression model relating annual salary to years of education and…

A: The regression equation is . There is 4 years of education and 6 years of experience with the…

Q: ● ● Assume a = 0.05 unless otherwise noted. Show your work and include appropriate units with…

A: Researchers want to know if nest size impacts the size of the eggs the birds lay.He chose randomly…

Q: , median, mode and standard deviation for this data set.

A: 3,7,8,6,6,9,10,5,1,10,8,5,5,7Mean = [sum of the terms] / [number of the terms]Mode = Median = middle…