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Various concepts in statistics, including the impact of sample proportion on standard deviation, the importance of averages, p-values, confidence intervals, and hypothesis testing. It includes examples and calculations.
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Sample Test Questions
D. The interval would be narrower since it's more accurate. E. The interval would be the same since the mean, , and standard deviation, , would not change.
A. because it's the distribution of the sample of random observations B. because we must take a sample just to get one random observation C. because we sample from the distribution to find the sample mean D. because the distribution is only of a sample, not the whole population E. because we can't get the distribution of the whole population of sample means, only samples
A. 0.5; it'll happen half of the time B. 0.09; not very likely, but plausible C. 0.34; fairly likely, so it's believable D. 0.067; rare, but it could happen E. 0.005; pretty rare, it most likely isn't a fair coin
evidence that Brand A is better than Brand X. You've tested it a zillion times. Obviously, to you, your company's product is only just as good. But, the boss really wants to say it's better, and the guy next door wants to make him happy. Which of following would lead them, the boss and your neighbor, to the wrong conclusion, but the one they want? Remember, the null is that the brands are the same; the alternative is that Brand A is better. A. a Type I error B. a Type II error C. a test with a very small -level. D. switching the null and alternative hypotheses E. It is impossible to claim Brand A is better because it really is only just as good.