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Liberty University Online Academy BMAL 590 Additional Questions 1)If when using the confidence interval estimator of a proportion the researcher finds that there is no chance of finding a success in the population, adding the number of 4 to the sample size could be part of the solution, which refers to
Liberty University Online Academy
BMAL 590
Additional Questions
1)If when using the confidence interval estimator of a proportion the researcher finds that there is no chance of finding a success in the population, adding the number of 4 to the sample size could be part of the solution, which refers to .
- Which of the following statements involve inferential statistics as opposed to descriptive statistics?
- A federal auditor for nationally charted banks from a random sample of 100 accounts found that the average demand deposit balance at the First National Bank of small town was $549.82. if the auditor needed a point estimate for the population mean for all accounts at this bank, what would she use?
- Which of the following would not be considered a state of nature for a business firm?
- A sample of 500 athletes is taken from a population of 11,000 Olympic athletes to measure work ethic. As a result, we .
- Though not the most effective method, rolling four dice enough times will result in theoretical probabilities being similar to .
- Assume an investment is made a significant number of times using the same probabilities and payoffs. In this case, the average payoff per investment represents .
- As a general rule, the normal distribution is used to approximate the sampling distribution of the sample proportion only if .
- Consider a probability tree for selecting two puppies without replacement. The joint probability of two branches of the probability tree where the first selection is P(F) = 2/7 and the second selection P(F[F) =3//10 is .
- Which of the following represents behavior of risk avoidance?
- The standard error is ?
12. The average number of customers that visited a particular store during the past year is 160 per day and a standard deviation of 25 customers per day. A random sample of 64 days is chosen from this population. The standard deviation of the sample means equals .
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