Apply the normal distribution, standard normal distribution, and central limit theorem. Scenario Frank has only had a brief introduction to statistics when he was in high school 12 years ago, and that did not cover inferential statistics. He is not confident in his ability to answer some of the problems posed in the course. As … Read more
A) Many people believe that there is a “Friday effect” in the stock market but don’t necessarily spell out exactly what they mean by this. There is a sense that stock prices tend to be lower on Fridays than on other days. Because stock prices are readily available on the web, it should be fairly … Read more
Complete the problems below from the textbook. You will need to use the “Baseball 2016 Data” and the “Lincolnville School District Bus Data” files for this assignment. The files are located in the topic materials. Chapter 10 – Problem 8 Chapter 10 – Problem 13 Chapter 10 – Problem 53 Chapter 10 – Problem 54 … Read more
Pageof 2ZOOM Correlation Assignment MOHA 570 Part One Instructions: A healthcare researcher would like to answer the following research question: Is there a correlation between occupancy rate and percent of residents with catheters? Using what you’ve read about correlations in Field, a null and alternate hypothesis for this research question. Using the SPSS-generated output … Read more
Instructions Learning Objectives Describe techniques used in decision-making. Examine decision-making models. Apply decision-making techniques. Prompt What criteria do you recommend to determine the credibility of a source of information? Instructions Develop a list of no less than 10 elements you would use to determine the credibility of facts, articles, websites, news, etc. Thoroughly explain your … Read more
The normal distribution is a “continuous probability distribution that is symmetrical on both sides of the mean, so the right side of the center is a mirror image of the left side.” (Mcleod, 2019) The area under the normal distribution curve represents probability and the total area under the curve sums to one. (Mcleod, 2019) … Read more
I need help knowing which route of exploratory analysis to take in general or even better, using SAS Enterprise for the following data set I have attached. I can basically do whatever I like with this data set for my project. I just need to create any hypothesis and also conduct an estimation and inferential … Read more
“A contingency table provides a way of portraying data that can facilitate calculating probabilities (Holmes, A., Illowsky, B., & Dean, S. 2017)”. I was unable to survey half and half, however, I was pretty close. I learned that right handed people far outweighed left handed people. Part 1: A survey of 30 people to find out if … Read more
How do statistics and analytics help businesses make better decisions? 1. Research on the applications of statistics and analytics in different industries, e.g. e-commerce, finance, education, or healthcare. Find a case study that interest you the most, what is the business problem of the case study? How do they collect the data? How do they analyze … Read more
1. Beth’s Butter Works has test marketed their new low-fat butter substitute with two different styles of packaging. They are trying to estimate the sales of the product for each type of packaging. Average daily sales of the product in the traditional plastic tub was 100 units across 16 stores, and sales of the product … Read more