A trader decides that he has surplus stocks of 9 different kinds of goods. He decides to make-up gift parcels, each to contain four different goods, which he will sell at a special price. How many different kinds of parcel may he produce?
In a medical test, where the null hypothesis is 'the patient does not have the disease' and the alternative hypothesis is 'the patient has the disease'. Suppose a patient has a disease and needs treatment. In the hypothesis testing process, which of the following error is more serious than the others.
Suppose on an average 1 house in 1000 in a certain district has a fire during a year. If there are 2000 houses in that district what is the probability that exactly 5 houses will have a fire during the year?
A researcher conduct a hypothesis test and observes values from sample mean and sample standard deviation when n = 25, that do not lead to rejection of null hypothesis. He calculates the p value as 0.0667. What will happen to the p value if he observes the same sample mean and standard deviation for a sample > 25?
The device used to estimating the value of one variable from the value of the other consists of a line through the points, drawn in such a manner as to represent the average relationship between the two variables, such a line is called the