increase by 0.0953 billion dollars (c) Comment on the significance of model (α = 0.05) Hypotheses: H0: β1 =0 H1 : β1 ≠ 0 Decision rule: reject H0‚ if |tcalc|> |t(α/2‚ n-k-1)| Where tcrit = t (0.025‚ 98) =1.9845 Test statistic: t = = = 48.368 Decision: Reject H0 because t calc > t crit Conclusion: There is sufficient evidence to conclude that there is significant relationship between disposable personal income and PCE at 5% level of significance. (d) The
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MM207 Statistics Unit IV Mid Term Project 1. In the following situation identify the implied population. A recent report on the weekly news presented the findings of a study on the effectiveness of Onglyza‚ along with diet and exercise‚ for treating diabetes. According to Bennett (2009)‚ a population is defined as “the complete set of people or things being studied” in a statistical study. Given that the information is in relation to finding the success of a drug used to care for
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Descriptive Statistics One of the most beloved sports in America is Major League Baseball. This professional sport spends billions of dollars each year enhancing the chances to reach the ultimate goal in winning the World Series. Major League Baseball is one of the few remaining sports that have an uneven balance in the franchise wage capacity to acquire top talented players. The areas of concentration in this research paper will be player salaries‚ winning percentage‚ player performance
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QMT2033 BUSINESS STATISTICS Assignment for mid -term break 1. Most of the information technology developers claim that wireless connection would give speed of at least 11 Mbps compared to wired connection. A sample of 105 computers using wireless connection shows it gives a mean of 11.7 Mbps and a standard deviation of 2.3 Mbps. a) Do you think that the wireless usage should be implemented? Test at 7% significance level). b) Repeat the test by using p-value approach. 2. A jack is usually used
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Chapter I Introduction HISTORY The late Florentino Cayco‚ Sr.‚ first Filipino Undersecretary of Public Instruction and illustrious educator‚ conceptualized the birth and administered the growth of Arellano University. This prestigious institution of learning opened in 1938 as the Arellano Law College‚ named after Cayetano Arellano‚ first Filipino chief justice. It closed in December 1941 until March 1945 under the Japanese occupation of the Philippines during World War II. At the end
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BIO 2003 SUMMATIVE ASSIGNMENT 2 Introduction: The report analyses the result of a study on workers from brick and tile industries conducted by the Health and Safety Laboratory (HSL). HSL put down few criteria’s to the workers which being that neither of the workers from the tiles and brick industries should have worked in both the industries and that they did not smoke. The criteria’s put across was an assurance to attain reliable results. The essence of the study lies in detecting any difference
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Examine the reasons why some sociologists choose to use official statistics when conducting research. Firstly‚ official statistics are a source of secondary quantitative data which are gathered by the government or other official bodies. Many reasons for their use by sociologists when conducting research stems from the fact that they are a form of secondary data; meaning that they are not collected by the sociologist themselves. This makes them high in practicality‚ representativeness and reliability
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Subject Areas Use of Statistics 1. World of Sports • Enter results from the different tournaments around the world • Research projects to improve the quality of the game and keep the fans interested • provide analysis on players and team strategy‚ as well as tackle larger research projects • statistical t tools include basic regression analysis‚ logistic regression‚ Monte Carlo simulation‚ classification‚ and hierarchical regression 2. Education • Statistics provides simple yet instant information
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Introduction Statistics is a set of tools used to organize and analyze data. Data must either be numeric in origin or transformed by researchers into numbers. For instance‚ statistics could be used to analyze percentage scores English students receive on a grammar test: the percentage scores ranging from 0 to 100 are already in numeric form. Statistics could also be used to analyze grades on an essay by assigning numeric values to the letter grades‚ e.g.‚ A=4‚ B=3‚ C=2‚ D=1‚ and F=0. Employing
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Statistics Real Life Example #2Article: http://america.aljazeera.com/articles/2014/10/21/us-ebola-airports.htmlMy article is covering the recent “Ebola Outbreak”. In this‚ people are direly afraid of catching the Ebola virus. They are even going as far as screening people in airports who come from‚ and travel to‚ places where Ebola is much more spread amongst the population (mostly in Africa‚ for now). The article quotes: “Some members of Congress have urged President Barack Obama to ban all travel
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