Describe the difference between a "population" and a "sample."
What is a "representative sample" 1 What is the best way to achieve
representativeness in a sample?
The one-sample z-test and the one-sample t-test both test if a
sample mean is representative of a population. What is the
difference between these two tests?
1. In Java, what does the last line mean? What does
scan.nextLine(); mean?import java.util.Scanner;Scanner scan = new Scanner (System.in);message = scan.nextLine();2. Assuming that a Random object has been created called
generator, what is the range of the result of each of the following
expressions? Also, do each
example using nextFloat()•generator.nextInt(20)•generator.nextInt(8) + 1•generator.nextInt(100) – 50
what does it mean if your sample mean is greater/or
less than your population mean? obviously I have to reject the null
for both circumstances but is there anything I can conclude about
the population?
A research team takes the weights of what they believe to be a
representative sample of 30 adult female great whites. They find
that the sample has a mean weight of 2050 pounds and a standard
deviation of 220 pounds.
a.Find a 99% confidence interval for the mean weight of all
adult female great whites.
b.Old statistics books used to say that if a sample size was at
least 30, students could use a normal distribution instead of a
t-distribution....
1. The process of random sampling guarantees that the sample
selected will be representative of the population. Is this
statement true? Discuss.
2.Bob compares his SAT Verbal score of 400 to Marge's ACT Verbal
score of 20. "I beat you," he exclaims. "My score is 20 times your
score!" Although his multiplication is good, his logic is faulty.
Explain why. NORMAL DISTRIBUTION QUESTION
What does it mean to say that we are going to use a sample to
draw an inference about a population? Why is a random sample so
important for this process? If we wanted a random sample of
students in the cafeteria, why couldn’t we just choose the students
who order Diet Pepsi with their lunch? Comment on the statement, “A
random sample is like a miniature population, whereas samples that
are not random are likely to be biased.” Why...
1. What does the word “marginal” mean?
2. What does the phrase “marginal analysis” mean?
3. What does marginal revenue mean?
4. What does marginal cost mean?
5. What does marginal profit mean? How are marginal revenue and
marginal cost related to marginal profit?
6. Recall that profit is like a hill; it goes up and then it
goes down. Our goal as a firm is to choose the value of Q that gets
us to the top of the...