An accountant monitors the number of items produced per month by a company, together with the total production cost (RM). Table Q3 shows the data which is used to develop a simple regression model. Table Q3: Number of items and production cost Number of items (000) Production costs (000) 21 39 40 58 67 45 48 24 72 75 15 89 96 37 35 53 62 83 102 35 75 81 12 56 a) Sketch a scatter plot for the data. b) (i) Find the estimated regression line by using the least square methe (ii) Interpret the result in Q3(b)(i). (c) Predict the production cost when the number of item is 74000.

Q: What is the third quartile

A: We are asked to find the third quartile

Q: Total cholesterol in 25 patients after taking new statin drug. .. Population mean is 200.…

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Q: Explain what u understand by ANOVA using examples

A: It is an important part of statistics. It is widely used.

Q: What proportion of z scores lie beteeen -2 and +2 in the height in inches data set? Round your…

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Q: Name two kinds of statistical data and describe them in brief.

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Q: Determine the average value . 0, 2, 5, 9, 15, 22, 25, 32, 40, 36, 23, 18, 8, 4, 3, 0.

A: Given data set is 0,2,5,9,15,22,25,32,40,36,23,18,8,4,3,0

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A: We use normal distribution in quality control

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Q: What was the average price for a ticket to a New England Patriots game in 2018? Team Ticket Other…

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Q: Find the Score function

A: With respect to the relevant parameter, the score function is a derivative of the log-likelihood…

Q: The sample mean of a dataset is 3.8 from 13 observations, calculate the sum of observations.

A: From the provided information, Mean of dataset (x̅) = 3.8 Number of observations (n) = 13

Q: Describe the t test for 2 independent samples.

A: In order to assess whether there is statistical evidence that the related populationmeans are…

Q: Describe about statistical error.

A: In statistics and inference theory, there are various methods through which estimates of true…

Q: What is statistics and why do you need to use statistics in your research? How important are they?

A: Statistics: Statistics is the branch of mathematics that deals with the collection of data,…

Q: How will I calculate population mean using this set of data? Thanks.

A: Given data is : 61159 57524 56186 52254 54884 51869 29743 39877 50086 53672 65707 73861

Q: 4. Describe how you collected your sample, do you think your sample is represen Discuss any sources…

A: Given a Pie Chart, we can get easily the proportions of sunfish, bass and carp

Q: could you please tell me why explain in simple terms why the power of a test matters to the users of…

A: Why power test is matters in statistics?  Having  enough statistical  power is necessary  to draw…

Q: Please explain how you got the 9.36 z-score test statistic?

A: Z for difference of proportion is given by,  Z= p1-p2/(S.E.)  SE is standard error which is…

Q: Describe about the Averages for Ranked Data.

A: The ranked data is mainly used in the non-parametric tests are they are performed on ordinal data.…

Q: Describe about the normal shape of the histogram.

A:

Q: What is p value ?

A: The​ P-value is the probability of observing difference in the sample statistic this high or higher…

Q: What are application of statistics and math?

A: Statistics help in providing data as well as tools to analyze the data. Some powerful techniques are…

Q: The third quartile of the data: 22,17,10,35,40,18,9 is equal to

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Q: How do i calculate finding the percentage between two z scores?

A: To find the probability between two z-scores: z-score represents the number of standard deviations…

Q: what the use of Statistics in your life is. How are you going to be benefitted by studying…

A: Statistics is the science which deals with the collecting, classifying, presenting , comparing and…

Q: What is the mean of the sample average distribution? Same as the population The median of the…

A: We have to find correct option.

Q: How do you test for reliability

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Q: Name two limitations of this test.

A: Chi Square Test The Chi-square test is a non-parametric type that does not have distribution and is…

Q: What are the Ordinal Measures?

A: Ordinal  scale is the 2nd level of measurement that reports the ranking and ordering of the data…

Q: one percent of grades are greater than what z-score?

A:

Q: How to determine to cut ap value in statistics?

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Q: Describe of two examples of data sets for each of the four levels of measurement. Justify your…

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Q: Is theory essential to the research process and statistics? Please Explain.

A: Introduction about Theory: Theory can be defined as the idea or concept that has no proof. It could…

Q: Find the First Quartile 12, 14, 18, 32, 59, 82

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A: Part I: Summary of Accredo Pharmacy What Accredo Pharmacy Does: Accredo Pharmacy is a specialty…

Q: find third quartile   105,108,110,110,112,120,140,150,180

A:

Q: lease dont do handwritten and please explain every concept, i will definitely like or else skip…

A: Consider the given dataset: Tornado Length (In…

Q: Describe the descriptive statistics between the two variables.

A: For  College GPA:-Mean=2.7307standard deviation =0.4296Minimum = 2.0800First quartile (Q1) =…