describe a concept covered in the course that you feel might be of assistance to you now or in the future.

Pick any two variables that you feel may be related and estimate what you think the strength of the correlation coefficient would be for those two variables. In your response, estimate the value of r. For example, specify a strong (.7 to .9), medium (.4 to .6), or low (0 to .3) value for r. The value of the coefficient can be positive or negative. For example, consider an increase in police patrols in a neighborhood and the number of burglaries that occur in that neighborhood. I would say that would be a strong inverse relationship with an r value of -0.8; as one (patrols) increases, the other (burglary rate) goes down. Describe the factors that you think would contribute to why the variables would have the relationship that you estimate it to be.
Question 8 B
Now that you have completed this course in Statistics, please describe a concept covered in the course that you feel might be of assistance to you now or in the future. For example, using charts and graphs to graphically describe data at your job, or using one of the sampling methods discussed at the beginning of the course to generate sample data. Please be specific in explaining how you would use what you have learned in class to your benefit.

find the cost of your paper

consider doing a market research study to forecast demand for the office units prior to beginning construction.

Dante Development Corporation is considering bidding on a contract for a new office building complex. Figure 4.17 shows the decision tree prepared by one of Dante’s analysts. At node 1,….

Test the claim that there is a difference in times between two trials.

Mental measurements of young children are often made by giving them blocks and telling them to build a tower as tall as possible. One experiment of block building was repeated….

 Identify the distribution of X—name and parameter(s).

1. When local calls are made in NYC, 60% go through on the first try, and the rest get a busy signal. (We assume there is no third possibility). Let….