EP BASIC BUS.STATS-ACCESS (18 WEEKS)
14th Edition
ISBN: 9780135989005
Author: BERENSON
Publisher: PEARSON CO
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Chapter 11, Problem 18PS
a.
To determine
Test whether there is an effect due to factor
b.
To determine
Test whether there is an effect due to factor
c.
To determine
Test whether there is an interaction effect at 5% level of significance.
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Microsoft Excel snapshot for random sampling: Also note the formula used for the last
column
02
x✓ fx =INDEX(5852:58551, RANK(C2, $C$2:$C$51))
A
B
1
No.
States
2
1
ALABAMA
Rand No.
0.925957526
3
2
ALASKA
0.372999976
4
3
ARIZONA
0.941323044
5
4 ARKANSAS
0.071266381
Random Sample
CALIFORNIA
NORTH CAROLINA
ARKANSAS
WASHINGTON
G7
Microsoft Excel snapshot for systematic sampling:
xfx INDEX(SD52:50551, F7)
A
B
E
F
G
1
No.
States
Rand No. Random Sample
population
50
2
1 ALABAMA
0.5296685 NEW HAMPSHIRE
sample
10
3
2 ALASKA
0.4493186 OKLAHOMA
k
5
4
3 ARIZONA
0.707914 KANSAS
5
4 ARKANSAS 0.4831379 NORTH DAKOTA
6
5 CALIFORNIA 0.7277162 INDIANA
Random Sample
Sample Name
7
6 COLORADO 0.5865002 MISSISSIPPI
8
7:ONNECTICU 0.7640596 ILLINOIS
9
8 DELAWARE 0.5783029 MISSOURI
525
10
15
INDIANA
MARYLAND
COLORADO
Suppose the Internal Revenue Service reported that the mean tax refund for the year 2022 was $3401. Assume the standard deviation is $82.5 and that the amounts refunded follow a normal probability distribution. Solve the following three parts? (For the answer to question 14, 15, and 16, start with making a bell curve. Identify on the bell curve where is mean, X, and area(s) to be determined.
1.What percent of the refunds are more than $3,500?
2. What percent of the refunds are more than $3500 but less than $3579?
3. What percent of the refunds are more than $3325 but less than $3579?
A normal distribution has a mean of 50 and a standard deviation of 4. Solve the following three parts?
1. Compute the probability of a value between 44.0 and 55.0.
(The question requires finding probability value between 44 and 55. Solve it in 3 steps.
In the first step, use the above formula and x = 44, calculate probability value.
In the second step repeat the first step with the only difference that x=55.
In the third step, subtract the answer of the first part from the answer of the second part.)
2. Compute the probability of a value greater than 55.0.
Use the same formula, x=55 and subtract the answer from 1.
3. Compute the probability of a value between 52.0 and 55.0.
(The question requires finding probability value between 52 and 55. Solve it in 3 steps.
In the first step, use the above formula and x = 52, calculate probability value.
In the second step repeat the first step with the only difference that x=55.
In the third step, subtract the answer of the first part from the…
Chapter 11 Solutions
EP BASIC BUS.STATS-ACCESS (18 WEEKS)
Ch. 11 - An experiment has a single factor with five groups...Ch. 11 - You are working with the same experiment as in...Ch. 11 - You are working with the same experiment as in...Ch. 11 - Consider an experiment with three groups, with...Ch. 11 - Prob. 5PSCh. 11 - You are working the same experiment as in Problem...Ch. 11 - One of the steps involved in the processing of...Ch. 11 - The more costly and time-consuming it is to export...Ch. 11 - A hospital conducted a study of the waiting time...Ch. 11 - A manufacturer of pens has hired an advertising...
Ch. 11 - Prob. 11PSCh. 11 - Brand valuations are critical to CEOs, financial...Ch. 11 - A pet food company has a business objective of...Ch. 11 - A transportation strategist wanted to compare the...Ch. 11 - Consider a two-factor factorial design with three...Ch. 11 - Prob. 16PSCh. 11 - Prob. 17PSCh. 11 - Prob. 18PSCh. 11 - Given a two-way ANOVA with two levels for factor A...Ch. 11 - Given a two-factor factorial experiment and the...Ch. 11 - Given the results from Problem 11.20, a. at the...Ch. 11 - An experiment was conducted to study the extrusion...Ch. 11 - Prob. 23PSCh. 11 - Prob. 24PSCh. 11 - A glass manufacturing company wanted to...Ch. 11 - Prob. 26PSCh. 11 - Prob. 27PSCh. 11 - Prob. 28PSCh. 11 - Prob. 29PSCh. 11 - Prob. 30PSCh. 11 - Prob. 31PSCh. 11 - Prob. 32PSCh. 11 - Prob. 33PSCh. 11 - Prob. 34PSCh. 11 - Prob. 35PSCh. 11 - Prob. 36PSCh. 11 - Prob. 37PSCh. 11 - Prob. 38PSCh. 11 - Suppose that, when setting up the experiment in...Ch. 11 - A hotel wanted to develop a new system for...Ch. 11 - Refer to the room service experiment in Problem...Ch. 11 - Prob. 42PS
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