Questions from Business Analytics


Q: A survey of 23 patients at a hospital found 95% confidence

A survey of 23 patients at a hospital found 95% confidence intervals for the following: Construct a stock chart-based visualization of these confidence intervals. What conclusions can you draw from th...

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Q: The Excel file High Blood Pressure records the results of 30 individuals

The Excel file High Blood Pressure records the results of 30 individuals who were tested for hypertension. Use the Excel Sampling tool to obtain a random sample of 5 individuals and compute point esti...

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Q: Trade associations, such as the United Dairy Industry Association, frequently

Trade associations, such as the United Dairy Industry Association, frequently conduct surveys to identify characteristics of their membership. If this organization conducted a survey to estimate the a...

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Q: If a manufacturer conducted a survey among randomly selected target market households

If a manufacturer conducted a survey among randomly selected target market households and wanted to be 99% confident that the difference between the sample estimate and the actual market share for its...

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Q: A gym instructor records the weights of a random sample of 31

A gym instructor records the weights of a random sample of 31 male high school students. The mean weight was found to be 140 pounds and the standard deviation of this population is 20 pounds. How larg...

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Q: After launching a new range of health drinks, a local fitness

After launching a new range of health drinks, a local fitness company conducted a survey to understand how the products were being received. From a random sample of 500 customers, who were asked to pa...

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Q: Using the Excel file Diabetes Check, draw five random samples by

Using the Excel file Diabetes Check, draw five random samples by repeating the sampling experiment for sample sizes 10, 15, and 20. For each sample sizes, find the stabilized glucose point estimates f...

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Q: Based on extensive data from a national high school educational testing program

Based on extensive data from a national high school educational testing program, the standard deviation of national test scores for mathematics was found to be 118 points. If a sample of 324 students...

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Q: In one region in your country, suppose that the standard deviation

In one region in your country, suppose that the standard deviation of monthly expenditure of the residents is about $7,000. In a random sample of 380 residents, what is the standard error of the mean...

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Q: Suppose that the mean score for the mathematics test cited in Problem

Suppose that the mean score for the mathematics test cited in Problem 7 is 607. What is the probability that a random sample of 324 students will have a mean score of more than 619? Less than 588?

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