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- The third variable introduced into a cross tabulation to better understand a statistically significant relationship between two other variables is the _____. Multiple Choice moderating variable None of these choices is correct. control variable contingency variable marginal variableWhich of the following is NOT true about the distribution function for a normaldistribution?a. It ranges from 0 to 1.b. It increases as the quantity increases.c. It generally has a bell shape when graphed.d. It returns the probability that the outcome from the normal distribution is a certainquantity or lower.Round all intermediate numbers to four decimal places. The final answer can be rounded to the nearest dollar. Consider a normally distributed process that cuts wood with a "process center" of 32 inches and a standard deviation of .20 inches. The lower specification limit is 32.42 inches. A piece of wood that is cut too short must be scrapped at a cost of $15.60. A piece of wood that is cut too long must be re-cut by hand at a cost of $4.00. The firm runs 22,000 pieces of wood through the machine per day and works 360 days per year. What is the annual fixing cost of this process.
- You are cleaning the data for data modeling. Which of the following is NOT a data preparation step ? Group of answer choices Changing the variable type of outcome variable (Defaulted) Removing variable Index Replacing any missing value by the mean of that variable Computing the confusion matrixWhich of the following is a plot of the distribution function of a normal distribution? (See attached PDF. A. Plot A B. Plot B C. Plot C D. Plot DWhich methods to use depends on the type of variable(s) being analyzed.
- What is NOT true about normal distribution? We can expect approximately 99.7% of the possible outcomes to fall within three standard deviations above and below the mean We can expect approximately half of the possible outcomes to be positive and half to be negative We can expect approximately 95% of the possible outcomes to fall within two standard deviations above and below the mean It is completely defined by two numbers: mean and standard deviation It is bell shaped and symmetricWhich of the following statements is correct regarding the EMH form? Select one: None of the answers are correct If the market is weak-form efficient, then it is also semistrong and strong-form efficient. If the market is semistrong form efficient, then it is also strong form efficient If a market is strong-form efficient, it is also semistrong and weak form efficient If the market is strong-form efficient, it is also semistrong but not weak-form efficientWhat is the advantage of a dot plot over a histogram? Group of answer choices 1. Preserves the original data in the plot 2. Shows shape of the data in the plot 3. Shows spread of the data in the plot 4. Shows central location of the data 5. Shows priority of categories
- A calculus instructor uses computer-aided instruction and allows students to take the midterm exam as many times as needed until a passing grade is obtained. Following is a record of the number of students in a class of 50 who took the test each number of times. Students Number of Tests 22 1 15 2 8 3 5 4 a.Find the expected value of the number of tests taken. b.Compute the variance and the standard deviation of the number of tests taken._________ is unlikely to follow a bell-shape because ______________, but ________ will follow a bell-shaped distribution. sigma; x-bar; distance always negative sigma; distance never negative; x-bar sigma; x-bar; distance never negative x-bar; distance always negative; sigmaYou are a Business Analyst working for the ABC Ball Bearing company. An hour ago, you sent an order of 74 boxes of your A1 ball bearings to a customer on your delivery truck. You have just found out that your truck is going to go over a bridge that has a weight limit of 11,500 lbs. You need to determine if your truck will safely make it over the bridge. If you determine that the truck cannot make it over the bridge, you will need to call the driver and have him/her turn back. The plant manager has told you that an empty delivery truck with the driver weights about 8500 lbs. You have 30 boxes of the A1 ball bearings in your plant. You immediately had them weighed. The weights of the boxes are: 40.1 41.1 39.5 40.1 39.1 41.2 37.6 39.1 41.6 40.8 43.2 38.9 38.1 43.5 36.9 39.1 40.5 41.2 37.6 44.0 38.0 39.8 42.1 38.6 41.3 43.7 36.9 43.6 38.1 40.2 1. Discuss what sampling bias is. Do you believe that using the 30 boxes in your warehouse caused sampling…