## Solutions manual to accompany James T. McClave and P. George Benson, Statistics for business and economics, third edition |

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### Contents

What Is Statistics? | 1 |

Graphical Descriptions of Data | 3 |

Numerical Descriptive Measures | 23 |

Copyright | |

17 other sections not shown

### Common terms and phrases

3-score action a2 ANOVA based on vx binomial probability distribution binomial random variable box plot brand calculated value coefficients completely randomized design CONDITIONAL PROBABILITY POSTERIOR confidence interval data set df and v2 differ in location different Rejection region Error evidence to conclude EVPI expected payoff criterion exponentially smoothed F is based F Treatments FREQUENCY RELATIVE FREQUENCY H0 and conclude H0 if F independent Inner fence INTERSECTION PROBABILITY least squares line measurement classes median moving average MSE Conclusion nonzero Rejection region Outer fence p-value P(selecting payoff table population prediction interval PRIOR CONDITIONAL PROBABILITY prior probabilities probability distributions differ PROBABILITY OF INTERSECTION PROBABILITY PROBABILITY rank sum reject H0 relative frequency histogram sample mean Sample Outcome shown simple events SOURCE df SS SS MS F SS(Total standard deviation sufficient evidence Test statistic value of F variance x2 distribution