Probability-Statistics
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1. A small business owner is experiencing a high staff turnover and wants to design a study to investigate the problem. Please identify following elements of this research study.
a. Research problem
b. Research design
c. Hypothesis to be tested
d. Data collection methods
e. Unit of analysis.
2. Sara scored 75 in a statistics exam. The group mean was 70 and the standard deviation of the scores was 5.
a. What percentile is Sara in?
b. What is the probability of randomly chosen student scoring at least 60?
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Solution Summary
Neat and step-by-step solutions are provided regarding research design, probability, discrete and continuous distributions.
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1. (a) To identify the cause for the high employee turnover
(b) Evolving a strategy to solve the Research Problem in a scientific way (so as to minimize bias and preconceived notions). Form a theory regarding the employee turnover, conceptualize the theory, decide on the ...
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