plagiarism (copying) or any other attempt to gain an academic advantage in a dishonest or unfair manner. Breaches of the Academic Honesty Policy will result in dismissal from HCT Project Objectives: To estimate the population parameters from sample statistics‚ using interval estimate (90%‚ 95% and 99% levels). The project consists of three parts as listed below. You should carefully read the instructions. This project is Group based (2 – 3) and each Group will have different results based on the initial
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century‚ baseball has been hailed as America’s National Past Time. Baseball is uniquely American. In the 1989 baseball film‚ Field of Dreams‚ one of the main characters remarks on the importance of baseball for America. “Baseball‚” he says‚ is “the one constant through all the years.” Baseball connects Americans to their past. “This field‚ this game‚” he continues‚ “reminds us of all that once was good and that could be again.” This week‚ the tradition of Opening Day ushered in the 2015 baseball season—the
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How many standard deviations is my hypothesis (sample mean) is away from the actual (null hypothesis population mean) T – statistic Rejecting the null may be a mistake = p –value ONE SAMPLE 3 formulas T.Dist.rt (t‚ sample size - 1 “df”) -> alternative that mu is bigger than a 1 – T.Dist.rt (t‚ sample size – 1) -> mu is less than a T.Dist.2t(t‚samplesize - 1) -> not equal to p < significant level reject the null NEVER accept null TWO SAMPLE directly get the p-value
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. Population arithmetic mean ‐ The population arithmetic mean‚ µ‚ is computed using all the individuals in a population and is a parameter. Sample arithmetic mean ‐ The sample arithmetic mean‚ x ‚ is computed using sample data and is a statistic. Mean – Although other types of means exist‚ the arithmetic mean is generally referred to as the mean. Median ‐ The median of a variable is the value that lies in the middle of the data when arranged in ascending order. Resistant ‐ A
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A statistics practitioner took a random sample of 50 observations from a population with a standard deviation of 25 and computed the sample mean to be 100. a.Use an interval estimate to estimate the population mean with 90% confidence.[mu-1.64*SD/√n‚mu+1.64*SD/√n] [100-1.64*25/√50‚100+1.64*25/√50][94.2017‚105.7983]-90% Confidence b.95% confidence. [mu-1.96*SD/√n‚mu+1.96*SD/√n] [100-1.96*25/√50‚100+1.96*25/√50][93.0704‚106.9296]-95% Confidence c.99% confidence. [mu-2.57*SD/√n‚mu+2.57*SD/√n] [100-2
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Branch Rickey said‚ “Ethnic prejudice has no place in sports‚ and baseball must recognize that truth if it is to maintain stature as a national game”(Nicholson). The game that Branch loved was unfair to others that also loved the game‚ and he was determined to fix it. His determination turned out to be a crucial turning point in not only Branch’s career but also for America. Jackie Robinson was also a crucial part of this plan for integration. Though Jackie endured most of the hardships‚ Branch was
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Statistics should be interpreted with caution as they can be misleading; they can both lie and tell the truth.Discuss. AS we all known that statistics plays a very important role in the social development. People use statistics in each field of science‚ such as physical sciences‚ humanities‚ especially the biological sciences. Statistics as a series of methods which used to summarize or describe our observations tell the person who made the statistics relative objective results or truth‚ at the
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hypothesis. It represents researcher’s claim about the population parameters. This will be accepted only when data provides sufficient evidence to establish its truth. 3. Test Statistic - A sample statistic (often a formula) that is used to decide whether to reject H0 . 4. Rejection Region- It consists of all values of the test statistic for which H0 is rejected. This rejection region is selected in such a way that the probability of rejecting true H0 is equal to α (a small number usually 0.05). The value
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STATISTICS AND DECISION-MAKING IN HRM (word count 1155) The word statistics has a Latin origin where the word status means state. Statistics is defined as the science that helps us understand how to collect‚ organize and interpret numbers or other information (data) about some topic (Bennett‚ et al.‚ 2003). It is a discipline of data collection and summarizing to aid understanding and decision-making. It is also concerned with evaluation of the present status and predicting the future (Stockberger
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Final Project: Nyke Shoe Company Barbara Greczyn STA 201 - Principles of Statistics Instructor Alok Dihtal April 26‚ 2015 Introduction Nyke Shoe Company has been in business for over 50 years. Over the last five years‚ the company has been undergoing some financial hardship due to an erratic market and an inability to understand what the consumer actually needs. In a last ditch effort to avoid bankruptcy‚ they have adopted a new business model which entails the development of only one
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