This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Find a 98 confidence interval for the total expenditures. A) 13,128.01 126.71 B) 13,128.01 ... (Read 116 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
on: Jun 24, 2018
Find a 98 confidence interval for the total expenditures.
 
  A) 13,128.01  126.71
  B) 13,128.01  581.23
  C) 13,128.01  342.58
  D) 13,128.01  665.49

Question 2

Why would anyone want to do a Goodness-of-Fit-test?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yahahah24021

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

A test of the hypothesis that data are generated by a fully specified probability distribution is a technique that is often used by market researchers to determine if products are equally preferred by potential customers or to check if the market shares for several brands of a product have changed over a given period of time. To test the hypothesis that data are generated by some distribution, such as the binomial, the Poisson, or the normal, without assuming the parameters of that distribution to be known is another important use of Goodness-of-Fit-tests.


mrsjacobs44

  • Member
  • Posts: 500
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

AISCAMPING

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

How to find the domain of a natural logarithmic functions (Part 2) How to find the domain of a natural logarithmic functions (Part 2)
How to find the domain when sine and cosine are in the same function How to find the domain when sine and cosine are in the same function
Given the values of sin θ, determine the values of θ over the interval [0, 2pi] Given the values of sin θ, determine the values of θ over the interval [0, 2pi]
From the following function, find the value of a, so that the AROC From the following function, find the value of a, so that the AROC
Calculus help: Find the absolute minimum and absolute maximum f(x) = (x2 —1) on [-1.2] Calculus help: Find the absolute minimum and absolute maximum f(x) = (x2 —1) on [-1.2]
Video: The Hypothalamus: The Body's Thermostat (Human Thermostat)

For a complete list of videos, visit our video library