Description
The probability that a randomly selected person agrees with a certain governmental policy is 46%. Suppose five people are selected at random. Find the probability that at least one of the five selected people agrees with the policy
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
Explanation & Answer
PFA the document for more details.....
Please let me know if you have any questions and best me if you are satisfactory.
Please let me know if you need any clarification. I'm always happy to answer your questions.
Completion Status:
100%
Review
Review
Anonymous
Great content here. Definitely a returning customer.
Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!
Most Popular Content
Business Statistics Case Study
A marketing company based out of New York City is doing well and is looking to expand internationally. The CEO and V ...
Business Statistics Case Study
A marketing company based out of New York City is doing well and is looking to expand internationally. The CEO and VP of Operations decide to enlist the help of a consulting firm that you work for, to help collect data and analyze market trends.
You work for Mercer Human Resources. The Mercer Human Resource Consulting website (www.mercer.com) lists prices of certain items in selected cities around the world. They also report an overall cost-of-living index for each city compared to the costs of hundreds of items in New York City (NYC). For example, London at 88.33 is 11.67% less expensive than NYC.
More specifically, if you choose to explore the website further you will find a lot of fun and interesting data. You can explore the website more on your own after the course concludes.
https://mobilityexchange.mercer.com/Insights/cost-of-living-rankings#rankings
In the Excel document, you will find the 2018 data for 17 cities in the data set Cost of Living. Included are the 2018 cost of living index, cost of a 3-bedroom apartment (per month), price of monthly transportation pass, price of a mid-range bottle of wine, price of a loaf of bread (1 lb.), the price of a gallon of milk and price for a 12 oz. cup of black coffee. All prices are in U.S. dollars.
You use this information to run a Multiple Linear Regression to predict Cost of living, along with calculating various descriptive statistics. This is given in the Excel output (that is, the MLR has already been calculated. Your task is to interpret the data). Based on this information, in which city should you open a second office in? You must justify your answer. If you want to recommend 2 or 3 different cities and rank them based on the data and your findings, this is fine as well. This should be ¾ to 1 page, no more than 1 single-spaced page in length, using 12-point Times New Roman font. You do not need to do any calculations, but you do need to pick a city to open a second location at and justify your answer based upon the provided results of the Multiple Linear Regression.
What is an Executive Summary?
Think of this assignment as the first page of a much longer report, known as an Executive Summary, that essentially summarizes your findings briefly and at a high level. This needs to be written up neatly and professionally. This would be something you would present at a board meeting in a corporate environment.To help you make this decision here are some things to consider:
Based on the MLR output, what variable(s) is/are significant?
From the significant predictors, review the mean, median, min, max, Q1 and Q3 values? It might be a good idea to compare these values to what the New York value is for that variable. Remember New York is the baseline as that is where headquarters are located.
Based on the descriptive statistics, for the significant predictors, what city/cities has the best potential?
What city or cities fall above or below the median and/or the mean?
What city or cities are in the upper 3rd quartile? Or the bottom quartile?
Math101 Academy for Practical Nursing Week 8 Occupations Equation Paper
I have post the instructions in the browser. Please show work to the questions. Thank you
Math101 Academy for Practical Nursing Week 8 Occupations Equation Paper
I have post the instructions in the browser. Please show work to the questions. Thank you
3 pages
Sp 2021 01 24 Discrete
Given your responsibilities, you decide to refresh your memory with respect to number representation conversions: decimal ...
Sp 2021 01 24 Discrete
Given your responsibilities, you decide to refresh your memory with respect to number representation conversions: decimal to binary and hexadecimal ...
MATH120: Confidence Intervals for the Mean sigma known
Assuming .05 as your alpha value, make up a problem similar to this one. Make up 36 gas prices for your example. Use price ...
MATH120: Confidence Intervals for the Mean sigma known
Assuming .05 as your alpha value, make up a problem similar to this one. Make up 36 gas prices for your example. Use price values in your list that some you made up and be sure they are similar to the prices you have had in your area. List the values in your post.Instructions for your response. In your response, copy the original problem, describe what you did and give the mean, standard deviation and confidence interval. Then attach the excel spreadsheet below so students and the professor can check your work.Example below:First find the mean. List all 36 gas prices in cells A1 to A36 in your excel spreadsheet.On a different cell type in =average(A1:A36) and the hit enter to find the averageAssume your answer is 2.65On a different cell type in =stdev.s(A1:A36) or =stdevA(A1:A36) and enter to find the standard deviationAssume your answer is .43Then type this in an excel cell =confidence.norm(.05,.43,36) and hit enter. This is the E valueSo take the mean of 2.65 and you have (2.65-E, 2.65+E) for your confidence intervalFormula you used above for the confidence interval:The formula is E= zsubc * sigma / sqrt nWhere the left hand endpoint is xbar - E and the right hand endpoint is xbar + EJust a review of your instructions:You will make up a problem with alpha = .05 and give the values for the problem. This is your main post.Instructions: Your initial post should be at least 250 words.
Similar Content
PSYC 355 Statistics SPSS Output Question
I would like answers to these questions. Please see my attachment included. ...
Need help with algebra
Two sides of a triangle measure 2x – 4 and 7x – 2 units, respectively. Which of these is a possible length f...
Need math help with a quotient
Please upload work...
Statistics math class. thanks for the help
Provide an example of the use of the Central Limit Theorem from your own life experience. Explain the scenario. How does t...
Must be 350 words, NEED IN 4 HOURS NOT 13
Option C: SignalingPick a commercial or advertisement you see. Answer the following questions in your essay:What product i...
I need help with this question!
Please solve the question in the image attached below....
Feholmes Statistics
1. The student reporter’s survey was used to describe, from a sample, an attribute of a larger populace. This is inferen...
Best quality answers of the home work in statistics
Statistics question and answers...
Calculus10
2. In ? days, there will be 100? ?? bacteria for some ? such that 100? 2? = 20000. 3. To check, differentiate both sides. ...
Related Tags
Book Guides
Freakonomics
by Stephen J. Dubner and Steven D. Levitt
The Power of Habit - Why We Do What We Do in Life and Business
by Charles Duhigg
Fences
by August Wilson
The Curious Case of the Dog in the Night Time
by Mark Haddon
The Secret Life of Bees
by Sue Monk Kidd
Normal People
by Sally Rooney
1984
by George Orwell
The Sun Is Also a Star
by Nicola Yoon
Dead Poets Society
by Nancy Horowitz Kleinbaum
Get 24/7
Homework help
Our tutors provide high quality explanations & answers.
Post question
Most Popular Content
Business Statistics Case Study
A marketing company based out of New York City is doing well and is looking to expand internationally. The CEO and V ...
Business Statistics Case Study
A marketing company based out of New York City is doing well and is looking to expand internationally. The CEO and VP of Operations decide to enlist the help of a consulting firm that you work for, to help collect data and analyze market trends.
You work for Mercer Human Resources. The Mercer Human Resource Consulting website (www.mercer.com) lists prices of certain items in selected cities around the world. They also report an overall cost-of-living index for each city compared to the costs of hundreds of items in New York City (NYC). For example, London at 88.33 is 11.67% less expensive than NYC.
More specifically, if you choose to explore the website further you will find a lot of fun and interesting data. You can explore the website more on your own after the course concludes.
https://mobilityexchange.mercer.com/Insights/cost-of-living-rankings#rankings
In the Excel document, you will find the 2018 data for 17 cities in the data set Cost of Living. Included are the 2018 cost of living index, cost of a 3-bedroom apartment (per month), price of monthly transportation pass, price of a mid-range bottle of wine, price of a loaf of bread (1 lb.), the price of a gallon of milk and price for a 12 oz. cup of black coffee. All prices are in U.S. dollars.
You use this information to run a Multiple Linear Regression to predict Cost of living, along with calculating various descriptive statistics. This is given in the Excel output (that is, the MLR has already been calculated. Your task is to interpret the data). Based on this information, in which city should you open a second office in? You must justify your answer. If you want to recommend 2 or 3 different cities and rank them based on the data and your findings, this is fine as well. This should be ¾ to 1 page, no more than 1 single-spaced page in length, using 12-point Times New Roman font. You do not need to do any calculations, but you do need to pick a city to open a second location at and justify your answer based upon the provided results of the Multiple Linear Regression.
What is an Executive Summary?
Think of this assignment as the first page of a much longer report, known as an Executive Summary, that essentially summarizes your findings briefly and at a high level. This needs to be written up neatly and professionally. This would be something you would present at a board meeting in a corporate environment.To help you make this decision here are some things to consider:
Based on the MLR output, what variable(s) is/are significant?
From the significant predictors, review the mean, median, min, max, Q1 and Q3 values? It might be a good idea to compare these values to what the New York value is for that variable. Remember New York is the baseline as that is where headquarters are located.
Based on the descriptive statistics, for the significant predictors, what city/cities has the best potential?
What city or cities fall above or below the median and/or the mean?
What city or cities are in the upper 3rd quartile? Or the bottom quartile?
Math101 Academy for Practical Nursing Week 8 Occupations Equation Paper
I have post the instructions in the browser. Please show work to the questions. Thank you
Math101 Academy for Practical Nursing Week 8 Occupations Equation Paper
I have post the instructions in the browser. Please show work to the questions. Thank you
3 pages
Sp 2021 01 24 Discrete
Given your responsibilities, you decide to refresh your memory with respect to number representation conversions: decimal ...
Sp 2021 01 24 Discrete
Given your responsibilities, you decide to refresh your memory with respect to number representation conversions: decimal to binary and hexadecimal ...
MATH120: Confidence Intervals for the Mean sigma known
Assuming .05 as your alpha value, make up a problem similar to this one. Make up 36 gas prices for your example. Use price ...
MATH120: Confidence Intervals for the Mean sigma known
Assuming .05 as your alpha value, make up a problem similar to this one. Make up 36 gas prices for your example. Use price values in your list that some you made up and be sure they are similar to the prices you have had in your area. List the values in your post.Instructions for your response. In your response, copy the original problem, describe what you did and give the mean, standard deviation and confidence interval. Then attach the excel spreadsheet below so students and the professor can check your work.Example below:First find the mean. List all 36 gas prices in cells A1 to A36 in your excel spreadsheet.On a different cell type in =average(A1:A36) and the hit enter to find the averageAssume your answer is 2.65On a different cell type in =stdev.s(A1:A36) or =stdevA(A1:A36) and enter to find the standard deviationAssume your answer is .43Then type this in an excel cell =confidence.norm(.05,.43,36) and hit enter. This is the E valueSo take the mean of 2.65 and you have (2.65-E, 2.65+E) for your confidence intervalFormula you used above for the confidence interval:The formula is E= zsubc * sigma / sqrt nWhere the left hand endpoint is xbar - E and the right hand endpoint is xbar + EJust a review of your instructions:You will make up a problem with alpha = .05 and give the values for the problem. This is your main post.Instructions: Your initial post should be at least 250 words.
Earn money selling
your Study Documents