If a researcher conducts 37 tests, each with an alpha = .05, what is the probability that the researcher will get at least 1 statistically significant result, even if there's truly no effect? Report your answer as a proportion (not percentage), rounded to 2 decimal places. Hint: review the "P-Hacking" Crash Cour

A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 700.1. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 45 high-income individuals and found the sample mean credit score to be 713.4 with a standard deviation of 84.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance. State the null and alternative hypotheses. Ho: H (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Identify the P-value. P-value = (Round to three decimal places as needed.) e%3D Make a conclusion regarding the hypothesis. the null hypothesis. There…

Suppose the value of a stock varies each day from $10.82 to $23.17 with a uniform distribution. Find the third quartile, i.e. , 75% of all days the stock is below what value ?

Cody took his first physics exam and scored an 80. The population mean for this exam is 70, and the standard deviation is 5. What is the probability of selecting a person with a score greater than Cody’s?

A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 702.4. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 41 high-income individuals and found the sample mean credit score to be 721.3 with a standard deviation of 80.9. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a= 0.05 level of significance. State the null and alternative hypotheses. Ho H H₁ H (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Identify the P-value. P-value= (Round to three decimal places as needed.) Make a conclusion regarding the hypothesis. the null hypothesis. There…

According to a 2009 Reader's Digest article, people throw away approximately 11% of what they buy at the grocery store. Assume this is the true proportion and you plan to randomly survey 111 grocery shoppers to investigate their behavior. What is the probability that the sample proportion exceeds 0.08? Note: You should carefully round any intermediate values you calculate to 4 decimal places to match wamap's approach and calculations.Answer =  (Enter your answer as a number accurate to 4 decimal places.)    Based on past experience, a bank believes that 7.5 % of the people who receive loans will not make payments on time. The bank has recently approved 220 loans.What must be true to be able to approximate the sampling distribution with a normal model? Before proceeding, think about whether the conditions have been met.What are the mean and standard deviation of the sampling distribution of the proportion of people who will not make payments on time in samples of 220?mean, as a decimal…

A direct mail company wishes to estimate the proportion of people on a large mailing list that will purchase a product. Suppose the true proportion is 0.07. If 343 are sampled, what is the probability that the sample proportion will be less than 0.11? Round your answer to four decimal places.

According to Chebyshev's Rule, at least what percent of observations must be within 2.5 standard deviations from the mean?  [a]%

A credit score is used by credit agencies (such as mortgage companies and banks) to assess the creditworthiness of individuals. Values range from 300 to 850, with a credit score over 700 considered to be a quality credit risk. According to a survey, the mean credit score is 708.5. A credit analyst wondered whether high-income individuals (incomes in excess of $100,000 per year) had higher credit scores. He obtained a random sample of 43 high-income individuals and found the sample mean credit score to be 723.3 with a standard deviation of 84.6. Conduct the appropriate test to determine if high-income individuals have higher credit scores at the a = 0.05 level of significance. State the null and alternative hypotheses. Ho: H (Type integers or decimals. Do not round.) Identify the t-statistic. to = (Round to two decimal places as needed.) Identify the P-value. P-value = (Round to three decimal places as needed.) Make a conclusion regarding the hypothesis. the null hypothesis. There…

Suppose the null hypothesis is not rejected. State the conclusion based on the results of the test. Six years​ ago, 11.1​% of registered births were to teenage mothers. A sociologist believes that the percentage has decreased since then.