Instructions: In all exercises, you may use a computer package (e.g., MegaStat, Minitab) or show Excel calculations in a worksheet, depending on your instructor’s wishes. Include relevant output or screen shots to support your answers. If you do the calculations yourself, show your work. State the hypotheses and give the test statistic and its two-tailed p-value. Make the decision. If the decision is close, say so. Are there issues of
The table below shows ratings of 18 movies by two reviewers (on a 0 to 5 ⋆ scale using half ⋆ increments). Research question: At α = .05, based on these data, is the rank
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APPLIED STAT.IN BUS.+ECONOMICS
- Use the model we created using technology in Example 6 to predict the gas consumption in 2011. Is this aninterpolation or an extrapolation?arrow_forwardUse this data for the exercises that follow: In 2013, there were roughly 317 million citizens in the United States, and about 40 million were elderly (aged 65 and over).[34] 59. If you meet five U.S. citizens, what is the percent chance that four are elderly? (Round to the nearest thousandth of a percent.)arrow_forwardUse this data for the exercises that follow: In 2013, there were roughly 317 million citizens in the United States, and about 40 million were elderly (aged 65 and over).[34] 58. If you meet five U.S. citizens, what is the percent chance that three are elderly? (Round to the nearest tenth of a percent)arrow_forward
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