QNT 351 Week 4 Two Population Means Worksheet
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A tomato farmer with a very large farm of approximately 2200 acres had heard about a new type of rather expensive fertilizer which would supposedly significantly increase his production. The frugal farmer wanted to test the new fertilizer before committing the large investment required to fertilize a farm of his size. He therefore selected 15 parcels of land on his property and divided them each into two portions. He bought just enough of the new fertilizer to spread over one half of each parcel and then spread the old fertilizer over the other half of each parcel. His yields in pounds per tomato plant were as follows:
What if you were the fertilizer sales representative and your job was to prove the superiority of the new product to the farmer?
(1) You should start by running the same test he did in which he came to the decision that he could not conclude a difference.
(2) Perform the test as it should have been done and find if you come to a different conclusion.
(3) Explain why the results were different and why your test was a stronger and more reliable test.
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Week 3 DQ4
What are the characteristics of standard normal distribution? Explain how to calculate the ztest static. Explain how a zvalue is used to calculate the area under the distribution and the meaning of P(0 to z) when z = 1.96.
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Week 3 DQ3
What are the basic differences between a discrete and a continuous distribution?
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Week 3 DQ2
What is the role of probability concepts in business decisionmaking? Provide specific examples.
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Resources: Appendix A1 at the end of Basic Statistics for Business and Economics
Answer question 68 in the Data Set Exercises from Ch. 3 of Basic Statistics for Business and Economics.
Answer question 34 in the Data Set Exercises from Ch. 4 of Basic Statistics for Business and Economics.
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Week 2 DQ5
Why is the population shape a concern when estimating a mean? What effect does sample size, n, have on the estimate of the mean?
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Week 2 DQ4
Does all data have a mean, median, or mode? Why or why not? When is the mean the best measure of central tendency? When is the median the best measure of central tendency?
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Week 2 DQ3
What level of data is a telephone number? Explain.
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Week 2 DQ1
Can mean, median, or mode be calculated from all statistical data? Explain why or why not. When is the mean the best measure of central tendency? When is the median the best measure of central tendency?
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This tutorial contains 2 different Sets of papers
Discuss with your team whether you have data from RES/351, and if your team would like to use one team memberâ€™s data for the Learning Team assignments in this course.
If using data from RES/351:
Resourc..

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Week 1 DQ6
What are the four data measurement scales? Provide two examples and explain the importance of each in business research.
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Week 1 DQ5
What is the importance of statistics in business decision making? Describe a business situation where statistics was used in making a decision.
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Week 1 DQ4
How would you define a variable? What is the difference between a dependent and independent variable? Do you think both variables are used in every research? Explain why or why not. Provide examples.
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Week 1 DQ2
How would you define dependent and independent variables? What is their significance in research? Explain with examples.
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Week 1 DQ1
Where would you see descriptive statistics used in your work place?
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QNT 351 Week 1 Connect Problem
1. Which of the following is an example of a continuous variable?
2. The incomes of 50 loan applicants are obtained. Which level of measurement is income?
3. The members of each basketball team wear numbers on their jerseys. What scale of measurement are..

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QNT 351 Week 2 Connect Problem
1. The director of admissions at Kinzua University in Nova Scotia estimated the distribution of student admissions for the fall semester on the basis of past experience.
a. What is the expected number of admissions for the fall semester?
b. Compute the v..

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Award: 10 out of 10.00 points
A sample of 43 observations is selected from a normal population. The sample mean is 30, and the population standard deviation is 3. Conduct the following test of hypothesis using the 0.05 significance level.
a. &n..

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Complete the Probability Worksheet.
Format your paper consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
Maximum and Minimum Temperatures
Search the Internet for U.S. climate data.
Choose the city in which you live.
C..

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Search the Internet for a realty site.
Select a hometown of someone on your team in the search section on the website you have chosen. When all of the listings populate, make sure that the sort criteria reads "New Listings." This ensures that you are searching a random crosssection of listin..

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Complete the Introduction to Statistical Thinking Worksheet.
Format your assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
1. There are 23 people at a party. Explain what the probability is that any two o..

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QNT 351 Final Exam Guide (New, 2017) Score 30/3
The mean amount spent by a family of four on food is $500 per month with a standard deviation of $75. Assuming that the food costs are normally distributed, what is the probability that a family spends less than $410 ..

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Question 1
Plot a 100% stacked column chart for television sales by year.
U.S. Television Sales, 2002  2005 ($ thousands)
Projection TV LCD TV Plasma TV
2002 3,574 246 515
2003 4,351 664 1,590
2004 6,271 1,579 2,347
2005 5,320 3,295 4,012
&n..

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Week A B C D
1 1774 2205 1330 1402
2 1808 1507 1295 1665
3 1890 2352 1502 1530
4 1932 1939 1104 1826
5 1855 2052 1189 1703
6 1726 1630 1441 1498
Interpretation of Minimum and Maximum
Interpretation of Mean and Median
Interpretation of Stan..

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Problem 1
Figure below gives the boxplots comparing the base yearly salaries of employeesin marketing and employees in research for a large company. Identify the five number summaries. for each profession. Interpret them like we did in the class.
Problem 2
An insurance com..
