True or false? Using a sample of 250 individuals, a research firm carries out a study on preferences in hobbies. From this study, it observes that men are twice as likely as women to hunt. This information represents descriptive statistics. Select one: True False

True or false? Using a sample of 250 individuals, a research firm carries out a study on preferences in hobbies. From this study, it observes that men are twice as likely as women to hunt. This information represents descriptive statistics. Select one: True False

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A taxi company is trying to decide whether to purchase brand A or brand B tires for its fleet of taxis. To estimate the difference in the two brands, an experiment is conducted using 14 of each brand. The tires are run until they wear out. The results are given in the table below. Compute a 90% confidence interval for μA−μB assuming the populations to be approximately normally distributed. You may not assume that the variances are equal. Brand A x1=35,300 kilometers s1=4900 kilometers Brand B x2=37,200 kilometers s2=6100 kilometers
An automobile repair shop reports that half of the automobiles they repair have a resale value below $ 4,000. In this example, the $4,000 represents which measure of central tendency? It is the mean O median mode range
The General Social Survey is an annual survey given to a random selection of about 1500 adults in the United States. Among the many questions asked are "What is the highest level of education you've completed?" and "If you're employed full-time, how many hours do you spend working at your job during a typical week?" In a recent year, 1079 respondents answered both questions. The summary statistics are given in the chart below. (The sample data consist of the times, in hours per week, that were given by the respondents.) Sample Sample Sample size Groups mean variance Less than h.s. High school Bachelor's 258 40.9 101.8 263 41.8 97.5 270 42.2 94.4 Graduate 288 43.0 98.7 Send data to calculator Send data to Excel To decide if there are any differences in the mean hours per week worked by these different groups, we can perform a one-way, independent-samples ANOVA test. Such a test uses the following statistic. Variation between the samples F= Variation within the samples For the data from…
Which of the following statements about the inclusion of dummy variables in econometric equations is false? O a. The dependent variable on the left side of an equation can be a dummy variable O b. An equation can have both a slope dummy and an intercept dummy on the right hand side O c.If there is a dummy variable as the dependent variable on the left side of an equation, intercept dummy cannot be placed as the explanatory variable on the right side; only a slope dummy can be placed on the right side O d. If there is a dummy variable as the dependent variable on the left side of an equation, both the intercept and the slope dummy can be placed as the explanatory variable on the right side
When an audit must be conducted that involves a tedious examination of a large inventory, the audit may be very costly and time consuming if each item in the inventory must be examined. In such situations, the auditor frequently obtains a random sample of items from the complete inventory and uses the results of an audit of the sampled items to check the validity of the company's financial statement. A large company’s financial statement claims an inventory that averages $600 per item. The following data are the auditor’s assessment of a random sample of 75 items from the company’s inventory. The values resulting from the audit are rounded to the nearest dollar. Estimate the mean value of an item in the inventory using a 95% confidence interval. Is there substantial evidence (a 5 .01) that the mean value of an item in the inventory is less than $600? What is the target population for the above inferences? Would normal distribution–based procedures be appropriate for answering the…
The General Social Survey is an annual survey given to a random selection of about 1500 adults in the United States. Among the many questions asked are "What is the highest level of education you've completed?" and "If you're employed full-time, how many hours do you spend working at your job during a typical week?" In a recent year, 1116 respondents answered both questions. The summary statistics are given in the chart below. (The sample data consist of the times, in hours per week, that were given by the respondents.) Sample Sample Sample Groups size mean variance Less than 281 41.6 115.8 h.s. High school 260 43.3 96.3 Bachelor's 294 42.5 100.5 Graduate 281 44.2 108.2 Send data to Excel Based on these summary statistics, we perform a one-way, independent-samples ANOVA test to determine if there is a difference in the mean hours worked in a typical week among the four populations of workers. (a) The results of this ANOVA are given in the incomplete ANOVA table below. Complete the…
Also find : Test Statistics, z Find the P value at alpha =0.05
International experience around the world is important in our culture of globalization. According to NAFSA, 54.5% of all American students traveling abroad went to Europe in the 2014-2015 academic year. To determine if there is shift in the proportion of students traveling to Europe, suppose a random sample of 300 students who had studied abroad was taken for the 2015-2016 school year. One-hundred sixty of the students traveled to Europe. a. Conduct a test to determine if the proportion of students traveling to Europe has changed. Be sure to provide a complete write-up. b. Based on the hypothesis test, would you expect 0.545 to be in confidence interval for the proportion? Explain without constructing the interval.
The mean birthweight of an infant is thought to be associated with the smoking status of the mother during the first trimester of the pregnancy. Consider the following data from mothers divided into four categories according to smoking habits, and the corresponding birthweights of their children. Group 1: Mother is a non smoker (NON): 7.5, 6.2, 6.9, 7.4, 9.2, 8.3, 7.6 Group 2: Mother is an ex-smoker (EX): 5.8, 7.3, 8.2, 7.1, 7.8 Group 3: Mother is a current smoker, smokes less than 1 pack per day (CUR < 1) 5.9, 6.2, 5.8, 4.7, 8.3, 7.2, 6.2 Group 4: Mother is a current smoker, smokes more than or equal to 1 pack per day (Cur ≥ 1) 6.2, 6.8, 5.7, 4.9, 6.2, 7.1, 5.8, 5.4 Using Stata test whether or not the mean birthweights are equal across all four groups at the alpha = 0.05 level. What are your null and alternative hypothesis? Ο HO: μ_1== μ_2 HA: μ_1=\= μ_2 O HO: μ_i== u_j for all i and j HA: μ_i=\= μ_j for all i and j O HO: μ_i == μ_j for all i and j HA: μ_i=\= μ_j for at least one i,j…
A real-estate appraiser wants to verify the market value for homes on the east side of the city that are very similar to size and style. The appraiser wants to test the popular belief that the average sales price is $37.80 per square foot for such homes. Suppose that a random sample of six sales were selected. The sampled sales prices per square foot are $35.00, $38.10, $37.20, $29.80, $30.30, and $35.40. Assuming a normal distribution is a good model for sales, test the claim that the mean sales price per square foot differs from $37.80 at the 1% significance level.
Is there an association between hair color and body type? The table below shows the results of a researcher's observations of randomly selected people. Frequencies of Hair Colors for Various Body Types Blonde Brunette Red Head 71 80 96 108 55 115 46 91 Short and Slender Short and Pudgy Tall and Slender Tall and Heavy What can be concluded at the o= 0.01 significance level? 53 74 69 63
The Wall Street Journal Corporate Perceptions Study 2011 surveyed readers and asked how each rated the quality of management and the reputation of the company for over 250 worldwide corporations. Both the quality of management and the reputation of the company were rated on an excellent, good, and fair categorical scale. Assume the sample data for 200 respondents below applies to this study. Quality of Management Reputation of Company Excellent Good Fair Excellent 40 25 5 Good 35 28 10 Fair 25 17 15 (a) Use a 0.05 level of significance and test for independence of the quality of management and the reputation of the company. State the null and alternative hypotheses. H0: Quality of management is not independent of the reputation of the company.Ha: Quality of management is independent of the reputation of the company. H0: Quality of management is independent of the reputation of the company.Ha: Quality of management is not independent of the…