Confidence Interval Memo

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    Stats Final

    * The Final Exam is worth a possible 250 points. * There are 10 essay questions. Question 1 addresses TCO A and is worth 33 points. Questions 2, 3, and 4 address TCO B and are worth 18 points. Questions 5 and 6 address TCO C and are worth 18 points. Questions 7 and 8 address TCO D and are worth 24 points. Question 9 addresses TCO E and is worth 48 points. Question 10 also addresses TCO E and is worth 31 points. * You will have 3 hours and 30 minutes to take the exam. Keep an eye on the remaining

    Words: 1837 - Pages: 8

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    Corporate Trainer and Coach

    Communication Program Assessment Report Narrative: The communication faculty at Georgia Perimeter College (GPC) is committed to the mission of the college which includes strengthening student success, fostering a culture of teamwork, and enhancing the economic, social, and cultural vitality of the communities the college serves. Faculty commitment to the mission includes assessing the Communication Program of Study and individual communication courses. The Communication Program of Study includes

    Words: 2556 - Pages: 11

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    Managerial Stat

    1.O BACKGROUND: What is a condominium? Most of us heard and even see what a condominium is. However, we still ask ourselves sometimes, why is it called a condominium? In a condominium (commonly called a condo), some parts of it, like our residence - are owned privately, while others - common areas - are owned collectively by all of the building's residents. A less technical way of describing a condo is an apartment that you own. In real-world terms, condos often take the form of an apartment or similar

    Words: 2088 - Pages: 9

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    Quality

    Explore |Notes | |Output Created |12-Feb-2012 14:20:11 | |Comments | | |Input |Active Dataset |DataSet1

    Words: 695 - Pages: 3

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    Math

    grams were 3.087 3.131 3.241 3.241 3.270 3.353 3.400 3.411 3.437 3.477 (a) Construct a 90 percent confidence interval for the true mean weight. E = 1.96(s/sqrt(n)) = 1.96[0.131989/sqrt(10)]=1.96*0.41739 =0.081808 C.I. = (x-bar-E,x-bar+E) = (3.3048-0.0818,3.3048+0.0818) (b) What sample size would be necessary to estimate the true weight with an error of ± 0.03 grams with 90 percent confidence? n=[z'*s/E]^2 n=[1.645*0.131989/0.03]^2 = 52.38; rounding up, n=53 (c) Discuss the factors which

    Words: 326 - Pages: 2

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    Thermatrix - Case Study

    Introduction In-Process Technology was set up in 1985 to produce and sell a thermal oxidation process that could be used to reduce industrial pollution. For years, however, the company performed dismally. In 1992, the current CEO was hired to turn things around, and the company was reorganized and renamed Thermatrix. Eventually, Thermatrix was able to attract good employees using stock options and other competitive compensation and currently has 60 employees and annual sales of approximately $15

    Words: 722 - Pages: 3

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    Res/342 Week 4

    477 A) Construct a 90% confidence interval for the true mean weight Assuming the population has a normal distribution, we should use the Student t distribution E= z(sigma)/ sqrt(n) E= 1.645(0.13199/ sqrt(10) E= 0.06866 x-bar= 3.3048 90% CI = 3.3048-.06866= 3.23614, 3.3048 + 0.06866 = 3.37346 Confidence interval: 3.23614 to 3.37346 B) What sample size would be necessary to estimate the true weight with an error of +,- 0.03 grams with 90% confidence ? E = z*sigma/sqrt(n)

    Words: 486 - Pages: 2

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    The Journey to Finding Confidence

    The Journey to Finding Confidence The walk home from school during my elementary years was something I loved. Not only did I look forward to it because it meant that school was over for the day, I also looked forward to it because it was one of the few times I had to myself. Amidst the chaos of little kids laughing, screaming, and racing each other home, I would tune out the noise and just think. Eventually I would make it home; my time alone would expire, and I would find myself looking forward

    Words: 1110 - Pages: 5

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    Statistics for Nursing

    Statistics Practical 2a Comments on Z-tests and t-tests 1. You should have realized from the lectures that in practice, a z-test is seldom used, while the ‘default’ test for single sample or two-samples mean(s) is the ttest. This is because in most practical situations, the population variance is seldom known and therefore we need to estimate that by the sample variance, thus justifying a t-test rather than a z-test. It is always good to perform the standard exploratory data analysis before commencing

    Words: 755 - Pages: 4

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    Regression

    to Construct a Confidence Interval Instructions on the left Instructions on the right pertain to means pertain to proportions 1. POPULATION a. Identify the parameter of interest: π : proportion µ : Mean Numerical (Measurement) Categorical (success-failure) b. Describe the variable in context with the problem: µ = mean of the amount of drying time of a particular paint. π = proportion of people in the community who prefer smoking 2. STATISTICAL METHOD a. Determine the confidence level (1 - α) and

    Words: 395 - Pages: 2

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