Given the data below, what is the estimated bias given a reference value of 24.521? Data...

Given the data below, what is the estimated bias given a reference value of 24.521?

Data
24.9872
24.2675
25.2027
24.6919
24.9361
25.5176
24.8503
24.1735
24.8481
24.898
24.8747
24.6096
24.6116
24.9186
25
24.519
25.7207
24.9817
25.2276
24.919

Expert Solution


		Data
		24.9872
		24.2675
		25.2027
		24.6919
		24.9361
		25.5176
		24.8503
		24.1735
		24.8481
		24.898
		24.8747
		24.6096
		24.6116
		24.9186
		25
		24.519
		25.7207
		24.9817
		25.2276
		24.919
	Sum	497.7554
	Average	24.88777
	reference value	24.521	(given)
	Estimated bias =	Average - reference value

	Estimated bias =	0.36677

RESULT:
	Therefore the estimated bias given a reference value of 24.521 is 0.36677 for the given data.

orchestra answered 1 year ago

Listed below are the estimated the length of one minute without reference to a watch or...

Listed below are the estimated the length of one minute without reference to a watch or clock, and the times were recorded in seconds. 69, 81, 39, 65, 42, 21, 60, 63, 66, 48, 64, 70, 96, 91, 65, 35, 47, 54, 52, 30, 60, 61, 1. Assume that the values are sample data, construct a 99% confidence interval to estimate of the population mean 2. Assume that the values are sample data, construct a 99% confidence interval fro the...

What is bias in data collection? Provide two examples of study bias (based on two publication...

What is bias in data collection? Provide two examples of study bias (based on two publication citations from topic breast cancer What is the difference between correlation and causation? Provide one example of either a correlation finding or a causation finding (based on one of your publication citations from topic breast cancer

What type of bias is the primary concern of self-reported data? Select one: a. Response bias...

What type of bias is the primary concern of self-reported data? Select one: a. Response bias b. Length bias c. Lead time bias d. Information bias e. Selection bias

Based on the below data what will be the value of multiple R?

Based on the below data what will be the value of multiple R?Regression StatisticsMultiple RR SquareAdjusted R SquareStandard ErrorObservations8ANOVAdfSSMSFRegression132328Residual6284Total7CoefficientsStandard Errort StatP-valueIntercept1131.2746663.9842840.007248Advertising (thousands of $)196.193306741.6108020.158349

Find the standard score for the given data value A data value in the 50st percentile...

Find the standard score for the given data value A data value in the 50st percentile A. 1 B. 0 C. 0.5 D. -1 5 points Question 2 Find outlier in given sample data -10 2 5 6 3.1 4 6 1 A. 6 B. 1 C. -10 D. 2 5 points Question 3 Find the range for the given sample data: 2 4 4.5 15.5 10.3 12 7 A. 5 ...

Given the data in the spreadsheet below, what is the probability of completing the critical path...

Given the data in the spreadsheet below, what is the probability of completing the critical path of the project in 34 or more time units? Activity Preceded By Optimistic Time Most Likely Time Pessimistic Time A None 12.89 15.25 18.21 B None 14.17 15.61 18.13 C A and B 12.33 14.2 17.98 D A and B 14.84 17.64 20.53

Below is a data set presented in a Frequency Table Data Value Frequency Data value. Frequency...

Below is a data set presented in a Frequency Table Data Value Frequency Data value. Frequency 2 64 4 68 9 18 10 33 14 117 Find the following for the data set above: a.) Mode = b.) Median = c.) Mean = (Round to TWO decimal places)

What type of bias is indicated by each of the following? If there is not bias,...

What type of bias is indicated by each of the following? If there is not bias, then put down 'no bias'. a Portions of the population are excluded from the sample. b Information from the sample is typical of information in the population. c Information from the sample overemphasizes a particular stratum of the population d Those responding to a survey or poll differ systematically from the nonrespondents.

In reference to the project closing checklist; What is the value of having a checklist to...

In reference to the project closing checklist; What is the value of having a checklist to close the project? Why is an evaluation of the vendors and sub-contractors an important step?

The data below are estimated for the project study of a certain business investment. If money...

The data below are estimated for the project study of a certain business investment. If money is worth 12%, what is the difference in Present Worth between the alternatives? Alternative A: The initial investment is $3,500, with an annual revenue of $1,900. Annual disbursement amounts to $645 with no salvage value at the end of its life, which is 4 years. Alternative B: The initial investment is $5,000 with an annual revenue of $2,500. Annual disbursements is $1,383 with no...

Question