Question
Problem # 1 : proper statistical testing to conclude if Is there is a difference among population proportions. 5% level of significance ( = .05).
Problem # 1: proper statistical testing to conclude if Is there is a difference among population proportions. 5% level of significance ( = .05).
# 1#2#3
171820
182126
252833
293628
Problem # 2: Use ANOVA method to determine if there is a statistical differences among population means. Show all the work. ( = .01).
Group 1Group 2Group 3
282655
353462
422744
233254
504160
Problem # 3: For the following Dependent and independent variables, complete simple regression analysis to find the following. Explain them in detail. ( = .05).
Quantity (X)Cost (Y)
1255
1148
1366
1472
1780
a) Predict cost where quantity = 25
b) Determine standard error of estimate?
c) Interpret slope and intercept
d) Find R^2 and R, interpret their values.
e) Is there any correlation between Quantity and Cost
f) Set up a 95% Confidence Interval Estimate for the predicted Cost (Y^)
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