The following data are got from an investigation Groupl Group2 No. of items Mean S.D 50 75 181.5 3.0 179.0 3.6 Find out whether the two means differ significantly at 5% level of significance.
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- Explain the three categories of statistical quality control(SQC). How are they different, what different information dothey provide, and how can they be used together?What is assignable cause of variation? How is it applied to statistical application of quality management and how can it be used in business?Why is an expanded concept of "variation" necessary in statistical improvement?
- Explain the use of full and fractional factorial experimental designs. Provide a scenario of when it would be appropriate for each.A survey of 40 retail store reported the following amount of sales (in thousand) held in the month of September. Number of Sales Frequency 10-14 3 15-19 5 20-24 12 25-29 9 30-34 8 35-39 3 What is the standard deviation? What is the sample variance?I obtained a ridge regression model by k-fold cross-validation using cv_glmnet in R. I need to calculate adjusted R^2 and VIFs for it but I don't know how
- DEFINE: Typical descriptive research measuring tools 1. Descriptive statistics 2. Frequency table (with frequency and percent) 3. Charts (pie chart, bar chart, histogram, etc.) 4. Mean interpretation table (with the scale, its range for measurement purposes, scale description, and the mean interpretation) Typical correlational and comparative research measuring tools 1. Correlations 2. t-Test (paired samples, independent samples t-test) – for independent samples t-test, the grouping variable should be two categories only. 3. Analysis of variance (ANOVA) 4. Scales reliability test (interval or ratio scaled data) 5. Factor analysis 6. Normality test 7. Multiple regression analysisWhat is the purpose of a pattern test?Explain the difference between replacement sampling and nonreplacement sampling. Which method do auditors usually follow? Why?
- 1.Use a Venn-diagram to perform a qualitative risk assessment, indicating the likelihood%, category, frequency, severity, and RHC score for climate, pest infestations, soil erosion, market volatility and supply chain management risk of corn. 2.Plot the risks from the Venn diagram on a Risk Heat Map/Chart. Prepare a scatter diagram for each of these data sets and then express in words the apparent relationship between the two variables. Put the first variable on the horizontal axis and the secondvariable on the vertical axis.b. Temperature (°F) 65 63 72 66 82 58 75 86 77 65 79Error rate 1 2 0 0 3 3 1 5 2 1 3Which test is best to assess whether the % defective is the same between two independent business units? Group of answer choices 1. 2 sample t test 2. Levene's test 3. paired t test 4. one proportion test 5. two proportion test