a) In a study of the relationship between X=mean daily temperature forthe month and Y=monthly charges on electrical bill, the following datawas gathered:XYJS.2012530110509560858075yon X(1) Find the equation of regression line of monthly charges on meandaily temperature using the least squares method.(ii) Interpret the values of estimated slope and intercept.(iii) Estimate the predicted monthly charges on electricity bill if thetemperature is 40.b) A company producing television tubes guarantees that the meanlifetime for the tubes exceeds 1000 hours. To check this, a randomsample of 49 television tubes produced by the company is drawn andit shows a mean lifetime of 1200 hours and a standard deviation of100 hours.(i) Formulate the null and alternate hypotheses for the aboveproblem.(ii) Is there any evidence to support the company claim at 10%level of significance,(iii) Construct the 90% confidence interval for the mean life time oftubes.

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Answered: a) In a study of the relationship…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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2. The table below lists the annual land-line phone cost per costumer: Year 2012 2013 2014 2015 Cost ($) a. 692 610 Find a linear regression model for this data b. Interpret the slope of the model 580 C. Predict the annual land-line phone cost per customer in 2022 495 2016 434
A chemistry experiment is performed measuring the solubility of potassium chloride (KCl) in water at different temperatures. The goal was to determine if there is a linear relationship between the temperature of the water and how much KCl can dissolve, measured as grams per 100 milliliter (g/100mL). After the experiments were performed, the following data was collected with temperature being the independent x-variable and solubility being the dependent y-variable: Temperature (°C) x Solubility (g/100mL) y 10 31 20 33 30 37 40 41 50 42 Based on the data given for temperature and solubility of KCl and without doing any math yet, which of the following do you predict would best describe the relationship between these variables? A positive linear relationship (r close to 1) A positive linear relationship (r close to -1) A negative linear relationship (r close to 1) A negative linear relationship (r close to -1)…
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A statistical program is recommended. The owner of Showtime Movie Theaters, Inc., would like to predict weekly gross revenue as a function of advertising expenditures. Historical data for a sample of eight weeks follow. Weekly Television Gross Newspaper Advertising Advertising ($1,000s) ($1,000s) Revenue ($1,000s) 96 5.0 1.5 90 2.0 2.0 95 4.0 1.5 92 2.5 2.5 95 3.0 3.3 94 3.5 2.3 94 2.5 4.2 94 3.0 2.5 1 (a) Develop an estimated regression equation with the amount of television advertising as the independent variable. (Round your numerical values to two decimal places. Let x₁ represent the amount of television advertising in $1,000s and y represent the weekly gross revenue in $1,000s.) y = 88.64 + 1.60x1 X (b) Develop an estimated regression equation with both television advertising and newspaper advertising as the independent variables. (Round your numerical values to two decimal places. Let x₁ represent the amount of television advertising in $1,000s, x₂ represent the amount of…
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