Statistics for Business and Economics (13th Edition)
Statistics for Business and Economics (13th Edition)
13th Edition
ISBN: 9780134506593
Author: James T. McClave, P. George Benson, Terry Sincich
Publisher: PEARSON
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Chapter 1, Problem 1.1AE

The Random Numbers applet generates a list of n random numbers from 1 to N, where n is the size of the sample and N is the size of the population. The list generated often contains repetitions of one or more numbers.

  1. a. Using the applet Random Numbers, enter 1 for the minimum value, 10 for the maximum value, and 10 for the sample size. Then click on Sample. Look at the results and list any numbers that are repeated and the number of times each of these numbers occurs.
  2. b. Repeat part a, changing the maximum value to 20 and keeping the size of the sample fixed at 10. If you still have repetitions, repeat the process, increasing the maximum value by 10 each time but keeping the size of the sample fixed. What is the smallest max1mum value for which you had no repetitions?
  3. c. Describe the relationship between the population size (maximum value) and the number of repetitions in the list of random numbers as the population size increases and the sample size remains the same. What can you conclude about using a random number generator to choose a relatively small sample from a large population?
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Chapter 1 Solutions

Statistics for Business and Economics (13th Edition)

Ch. 1 - Explain the difference between a population and a...Ch. 1 - Define statistical thinking.Ch. 1 - Suppose youre given a data set that classifies...Ch. 1 - Suppose that a population contains 200,000...Ch. 1 - The Random Numbers applet generates a list of n...Ch. 1 - The Random Numbers applet can be used to select a...Ch. 1 - Applying the ConceptsBasic 1.15 Performance-based...Ch. 1 - Jamming attacks on wireless networks. Terrorists...Ch. 1 - Disaggregation of annually reported accounting...Ch. 1 - College application data. Colleges and...Ch. 1 - Opinion polls. Pollsters regularly conduct opinion...Ch. 1 - Cybersecurity survey. The information systems...Ch. 1 - Treasury deficit prior to the Civil War. In Civil...Ch. 1 - The lucky store effect in lottery ticket sales. In...Ch. 1 - Consumer recycling behavior. Under what conditions...Ch. 1 - Who is better at multi-tasking? In business,...Ch. 1 - Zillow.com estimates of home values. Zillow.com is...Ch. 1 - Drafting NFL quarterbacks. The National Football...Ch. 1 - The economic return to earning an MBA. What are...Ch. 1 - Corporate sustainability and firm characteristics....Ch. 1 - Inspection of highway bridges. All highway bridges...Ch. 1 - Structurally deficient highway bridges. Refer to...Ch. 1 - Monitoring product quality. The Wallace Company of...Ch. 1 - Guilt in decision making. The effect of guilt...Ch. 1 - Accounting and Machiavellianism. Behavioral...Ch. 1 - Can money spent on gifts buy love? Is the gift you...Ch. 1 - Random-digit dialing. To ascertain the...Ch. 1 - Current population survey. The employment status...Ch. 1 - Monitoring the production of soft-drink cans. The...Ch. 1 - Sampling TV markets for a court case. A recent...Ch. 1 - Critical Thinking Challenge 1.40 20/20 survey...
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