To design a benefit plan for your employees, you are estimating the number of people that willattain the age of retirement (65-years old). You are given the following cohorts: The employees of agroup of 1,900 new employees (of age 22); a group of 950 workers of 35 years old; the people froma 45-year old labor force of size 110. The figure displays an excerpt of the appropriate life table for allthree subgroups. Estimate the number of people that will attain the age of retirement with aconfidence of 99%.

Given Age of retirement =65Confidence interval =99 % Find No.of people

Answered: To design a benefit plan for your…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Morning House is a mail-order firm which carries a wide range of rather expensive art objects for homes and offices. It operate problems would be greatly reduced. Since it takes approximately six weeks to receive 90% of the response to a given campaign, an accurate prediction of total sales made as late as the end of the first week of receiving orders would be useful. The first week’s sales and total sales of the last 12 campaigns of the firm are shown below. Can the first week’s sales be used to predict total sales? First week’s Total Campaign Sales Sales 1 32 167 2 20 91 3 114 560 4 66 335 5 18 70 6 125 650 7 83 401 8 65 320 9 94 470 10 5 15 11 39 210 12 50 265 --------------------------------------------
The following table lists animals that have some of the longest lifespans on earth. Does incubation or gestation time affect an animal’s average lifespan? Some animals have lifespans that average well over 100 years.Animal: Nile, Crocodile, Aldabra Giant Tortoise LakeSturgeon, Galapagos Tortoise, Bowhead Whale Average Lifespan (in Years): 100,152,152,177,211Incubation/Gestation (in Months): 3, 8, 0.25, 4.7,13.5 Is there a correlation between an animal’s gestation/incubation period and its average lifespan in years? a. Draw the scatterplot for the variables. b. Describe the relationship, if any, shown by the scatterplot. c. Calculate r, the correlation coefficient. How does the correlation coefficient compare to the relationship you saw in the scatterplot?
An online clothing company is keeping track of their customers purchases. Company also offers a credit card where customers get additional offers if they use that card when they make purchases from their online store. For those customers who has their credit card, the company has additional information such as age, yearly income, etc. The company management is interested in looking at the relationship between the income (in 1000s of dollars) and the total yearly purchases from their store for these credit card holders . They have gathered this information from a random sample of 42 credit card holders. Below provided is a partial MINITAB output for predicting the yearly purchases from the income. Identify the response and the predictor variable in this study. Write the equation of the least squares regression line for predicting the total yearly purchase from the income of the customer. What percentage of variation in total yearly purchase is explained by income of the customer?…
5. The following map shows the job growth rates for each state in the US. Use the map to determine how many states had between 2.5% and 6.9% job growth. Job Growth By State 7% or more (15 states) 4.5% to 6.9% (10 states) 2.5% to 4.4% (2 states) less than 2.5% (11 states) Losing Jobs (12 states)
Please see below.
Approval 2008. Of all the post–World War II presidents,Richard Nixon had the highest disapproval rating near theend of his presidency. His disapproval rating peaked at 66% in July 1974, just before he resigned. This percent-age has been considered by some pundits as a high water mark for presidential disapproval. However, in April 2008,George W. Bush’s disapproval rating peaked at 69%,according to a Gallup poll of 1016 voters. Pundits starteddiscussing whether his rating was discernibly worse thanthe previous high water mark of 66%. What do you think?
To the Internal Revenue Service (IRS), the reasonableness of total itemized deductions depends on the taxpayer's adjusted gross income. Large deductions, which include charity and medical deductions, are more reasonable for taxpayers with larg given level of income, the chances of an IRS audit are increased. Data (in thousands of dollars) on adjusted gross income and the average or reasonable amount of itemized deductions follow. Adjusted Gross Income Itemized Deductions ($1,000s) 22 ($1,000) 9.6 27 9.6 32 10.1 48 11.1 65 13.5 85 120 15.7 25.5 (a) Develop a scatter diagram for these data with adjusted gross income as the independent variable. 30 25 20 15 10 5 30 25 20 15 10 5+ 30 25- 20- 15- 10- .. 5- 0 20 40 60 80 100 120 140 Adjusted Gross Income ($1,000s) 0 20 40 60 80 100 120 140 0 Adjusted Gross Income ($1,000s) 20 40 60 80 100 120 140 Adjusted Gross Income ($1,000s) 30 25 20 15 10 5- 0 20 40 60 80 100 Adjusted Gross Income ($1,000s) 120 140 G (b) Use the least squares method to…
Identify several types of manufacturing companies for which process costing would be an appropriate product-costing system. What characteristics do the products of these companies have that would make process costing a good choice? How is process costing similar and different in a second or later processing department?
,./
The table shows the leading causes of death in a certain country in a recent year. The population of the country was 311311 million. If you lived in a typical city of 500,000, how many people would you expect to die of cancercancer each year? Cause Deaths Cause Deaths Heart disease 596 comma 700596,700 Alzheimer's disease 84 comma 90084,900 Cancer 575 comma 300575,300 Diabetes 73 comma 40073,400 Chronic respiratory diseases 143 comma 100143,100 Pneumonia/Influenza 53 comma 40053,400 Stroke 128 comma 600128,600 Kidney disease 45 comma 30045,300 Accidents 122 comma 500122,500 Suicide 38 comma 60038,600 About people would be expected to die of cancer each year. (Type a whole number. Round to the nearest person as needed.)
Because the total population in 2050 is much larger than the Comparison of Population in the United States in 1950 and 2050 (in millions of persons) 1950 population, comparing percentages in each age group is clearer than comparing counts. Make a table of the Age Group 1950 2050 percentage of the total population in each age group for both Under 10 years | 29.3 | 56.2 1950 and 2050. 10 to 19 years 21.8 || 56.7 Only one age group in 1950 represents a larger percentage of the population than it does in 2050. For that age group, 20 to 29 years | 24.0 | 56.2 30 to 39 years | 22.8 | 55.9 determine the difference of the percentages between 1950 and 2050. Report your answer to the tenth of a percent. 40 to 49 years 19.3 52.8 50 to 59 years 15.5 || 49.1 60 to 69 years| 11.0 | 45.0 70 to 79 years 5.5 34.5 difference in percentages: % 80 to 89 years 1.6 | 23.7 90 to 99 years 0.1 8.1 100 years and 0.6 over Total 151.1 310.6
Please answer part a-d. please show all your work

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS