Within a large metropolitan area, 20% of the commuters currently use the public transportation system, whereas the remaining 80% commute via automobile. The city has recently revitalized and expanded its public transportation system. It is expected that 6 months from now 30% of those who are now commuting to work via automobile will switch to public transportation, and 70% will continue to commute via automobile. At the same time, it is expected that 40% of those now using public transportation will commute via automobile and 60% will continue to use public transportation. In the long run, what percentage of the commuters will be using public transportation? (Round your answer to the nearest percent.)
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- Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day.A sample of 70 stocks traded on the NYSE that day showed that 8 went up.You are conducting a study to see if the proportion of stocks that went up is is significantly less than 0.3. You use a significance level of α=0.005α=0.005.What is the test statistic for this sample? (Report answer accurate to three decimal places.)test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.)p-value = The p-value is... less than (or equal to) αα greater than αα This test statistic leads to a decision to... reject the null accept the null…An aerosolized vaccine for measles was developed in Mexico and has been used on 44 million children since 1980. Aerosolized vaccines have the advantages of being able to be administered by people without clinical training and do not cause injection‐associated infections. The percentage of children developing an immune response to measles after receiving the subcutaneous injection of the vaccine is 95%,95%, and for those receiving the aerosolized vaccine, it is 85%85% . There are 2020 children to be vaccinated for measles using the aerosolized vaccine in a small rural village in India. We are going to count the number who developed an immune response to measles after the vaccination. What would be the probability that at least one child does not develop an immune response to measles if all children were vaccinated using the subcutaneous injection of the vaccine? (Enter your answer as a proportion rounded to four decimal places.)Do you dislike waiting in line? Supermarket chain Kroger has used computer simulation and information technology to reduce the average waiting time for customers at 2300 stores. Using a new system called QueVision, which allows Kroger to better predict when shoppers will be checking out, the company was able to decrease average customer waiting time to just 26 seconds (InformationWeek website and The Wall StreetJournal website, January 5, 2015).a. Assume that Kroger waiting times are exponentially distributed. Show the probability density function of waiting time at Kroger.b. What is the probability that a customer will have to wait between 15 and 30 seconds?c. What is the probability that a customer will have to wait more than 2 minutes?
- Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day.A sample of 50 stocks traded on the NYSE that day showed that 12 went up.You are conducting a study to see if the proportion of stocks that went up is significantly less than 0.3. You use a significance level of α=0.01.What is the test statistic for this sample? (Report answer accurate to three decimal places.)test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.)p-value = The p-value is... less than (or equal to) αα greater than αα This test statistic leads to a decision to... reject the null accept the null fail to…Many regions in North and South Carolina and Georgia have experienced rapid population growth over the last 10 years. It is expected that the growth will continue over the next 10 years. This has motivated many of the large grocery store chains to build new stores in the region. The Kelley’s Super Grocery Stores Inc. chain is no exception. The director of planning for Kelley’s Super Grocery Stores wants to study adding more stores in this region. He believes there are two main factors that indicate the amount families spend on groceries. The first is their income and the other is the number of people in the family. The director gathered the following sample information. Family Food Income Size 1 $ 5.04 $ 73.98 4 2 4.08 54.90 2 3 5.76 94.14 4 4 3.48 52.02 1 5 4.20 65.70 2 6 4.80 53.64 4 7 4.32 79.74 3 8 5.04 68.58 4 9 6.12 165.60 5 10 3.24 64.80 1 11 4.80…A national study found that treating people appropriately for high blood pressure reduced their overall mortality by 20%. Treating people adequately for hypertension has been diffcult because it is estimated that 50% of hypertensives do not know they have high blood pressure, 50% of those who do know are inadequately treated by their physicians, and 50% who are appropriately treated fail to follow this treatment by taking the right number of pills. Answer the following questions ( please answer all the parts 1,2 and 3): 1) What is the probability that among 10 true hypertensives at least 50% are being treated appropriately and are complying with this treatment?2) What is the probability that at least 7 of the 10 hypertensives know they have high blood pressure? 3) If the preceding 50% rates were each reduced to 40% by a massive education program, then what effect would this change have on the overall mortality rate among true hypertensives; that is, would the mortality rate decrease…
- Many investors and financial analysts believe the Dow Jones Industrial Average (DJIA) gives a good barometer of the overall stock market. On January 31, 2006, 9 of the 30 stocks making up the DJIA increased in price (The Wall Street Journal, February 1, 2006). On the basis of this fact, a financial analyst claims we can assume that 30% of the stocks traded on the New York Stock Exchange (NYSE) went up the same day.A sample of 80 stocks traded on the NYSE that day showed that 11 went up.You are conducting a study to see if the proportion of stocks that went up is is significantly less than 0.3. You use a significance level of α=0.02α=0.02.What is the test statistic for this sample? (Report answer accurate to three decimal places.)test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.)p-value = The p-value is... less than (or equal to) αα greater than αα This test statistic leads to a decision to... reject the null accept the null fail…Intensive care units (ICUS) generally treat the sickest patients in a hospital. ICUS are often the most expensive department in a hospital because of the specialized equipment and extensive training required to be an ICU doctor or nurse. Therefore, it is important to use ICUS as efficiently as possible in hospital. According to a 2017 large-scale study of elderly ICU patients, the average length of stay in the ICU is 3.4 days (Critical Care Medicine journal article). Assume that this length of stay in the ICU has an exponential distribution. Do not round intermediate calculations. a. What is the probability that the length of stay in the ICU is one day or less (to 4 decimals)? b. What is the probability that the length of stay in the ICU is between two and three days (to 4 decimals)? c. What is the probability that the length of stay in the ICU is more than five days (to 4 decimals)?Total DVD and Blu-ray disc sales in 2009 were $8.72 billion. For the purposes of this problem, you will combine DVD and Blue-ray disk sales into one category of DVD sales. A study by In-Stat predicted that "physical disc sales will decline by $4.7 billion by 2014," and that "streaming, on the other hand, should grow from its current $2.2 billion to $6.3 billion over the same time period (2009–2014). d. Write an equation that represents the linear model for streaming videos. Let S = the total sales of streaming videos in billions of dollars, and t = the number of years after 2009. e. In what year do the models predict streaming video sales to exceed DVD sales?
- Intensive care units (ICUs) generally treat the sickest patients in a hospital. ICUs are often the most expensive department in a hospital because of the specialized equipment and extensive training required to be an ICU doctor or nurse. Therefore, it is important to use ICUs as efficiently as possible in a hospital. According to a 2017 large-scale study of elderly ICU patients, the average length of stay in the ICU is 3.4 days (Critical Care Medicine journal article). Assume that this length of stay in the ICU has an exponential distribution. Do not round intermediate calculations. a. What is the probability that the length of stay in the ICU is one day or less (to 4 decimals)? b. What is the probability that the length of stay in the ICU is between two and three days (to 4 decimals)? c. What is the probability that the length of stay in the ICU is more than five days (to 4 decimals)?The mango is considered the "king of fruits" in many parts of the world. Mangoes are generally harvested at the mature green stage and ripen up during the marketing process of transport, storage, and so on. During this process, about 30% of the fruit is wasted. Because of this, the impact of harvest stage and storage conditions on the postharvest quality are of interest. In this experiment, the fruit was harvested at 80, 95, or 110 days after the fruit setting (the transition from flower to fruit) and then stored at temperatures of 20∘C, 30∘C, or 40∘C. For each harvest time and storage temperature, a random sample of mangoes was selected, and the time to ripening was measured. What are the factors, the treatments, and the response variables? Take each item from the answer bank and place into the appropriate category.It is known that in any given year, • 90% of the people in a city move to the suburbs; • 80% of the people in the suburbs do not move to the city. Given an initial city population of 55,000 and an initial suburb population of 77,000, what are the long-term population levels of the city and the suburb?