stats notes to study
DESCRIPTION
UT AustinTRANSCRIPT
Jan has 90% probability to eat breakfast and Dave has a 30% probability to eat breakfast.Whats the probability that either Jennifer or David (not both of them) eats breakfast tomorrow morning?90% (1 30%) + (1 90%) 30% = 66%
Avg:$3301 Median:3,466 sd: 1,297 monthlyFind the 95% Confidence Interval for monthly salary: 3301 2 1297Find the probability for a monthly salary btwn $3,301 and $5,895.
If a BBA student decides to accept an intern offer immediately if salary that is among the top 16% of all accepted intern offers, what would be the least amount of monthly salary that will make him/her accept the offer immediately?
If you take a random sample of 16 BBA interns would the distribution of salary be the same as the distribution of the monthly salary of a BBAintern?
Regression = Total - ResidualR square = Regression/TotalChoose b0 and b1 to minimize Residual or Standard Error