Some experts estimate that the length of time people live in a house has a mean of 7.3 years and a standard deviation of 2.2 years.Explain why you could estimate the probability that 100 people selected at random had lived in their houses for an average of 9 years or more,but you could not estimate the probability that an individual had done so.
The Central Limit Theorem says y‾\overline{ y}y is approximately Normal for large sample sizes,but not for samples of size 1 (individuals).
CW
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Driver Cooper has a poor driving record and pays double the usual premium as a high-risk driver. The regular premium would be $510 for a year. If Cooper must pay the high-risk premium every year for 5 years, how much more will Cooper pay for insurance premiums than a low-risk driver receiving a 10% discount over the same 5-year period?
Comparing the output of strawberries grown on plots using fertilizer A with that grown on otherwise identical plots using fertilizer B,in order to make a general assessment of relative fertilizer effectiveness,may well call for a:
A) Friedman test. B) Kruskal-Wallis test. C) Wilcoxon rank-sum test. D) Spearman rank correlation test.