Essential Statistics
2nd Edition
ISBN: 9781259570643
Author: Navidi
Publisher: MCG
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Chapter 1.1, Problem 7E
To determine
Identify the term which is often referred as the entire collection of individuals about which the information is sought.
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The data for the following questions is provided in Microsoft Excel file on 4 separate sheets. Please conduct a step by step of these statistical tests on separate sheets of Microsoft Excel. If the calculations in Microsoft Excel are incorrect, the null and alternative hypotheses, as well as the conclusions drawn from them, will be meaningless and will not receive any points.
What is one sample T-test? Give an example of business application of this test?
What is Two-Sample T-Test. Give an example of business application of this test?
.What is paired T-test. Give an example of business application of this test?
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1. One Sample T-Test: Determine whether the average satisfaction rating of customers for a product is significantly different from a hypothetical mean of 75.
(Hints: The null can be about maintaining status-quo or no difference; If your alternative hypothesis is non-directional (e.g., μ≠75), you…
What is one sample T-test? Give an example of business application of this test?
What is Two-Sample T-Test. Give an example of business application of this test?
.What is paired T-test. Give an example of business application of this test?
What is one way ANOVA test. Give an example of business application of this test?
1. One Sample T-Test: Determine whether the average satisfaction rating of customers for a product is significantly different from a hypothetical mean of 75.
(Hints: The null can be about maintaining status-quo or no difference; If your alternative hypothesis is non-directional (e.g., μ≠75), you should use the two-tailed p-value from excel file to make a decision about rejecting or not rejecting null. If alternative is directional (e.g., μ < 75), you should use the lower-tailed p-value. For alternative hypothesis μ > 75, you should use the upper-tailed p-value.)
H0 =
H1=
Conclusion: The p value from one sample t-test is _______. Since the two-tailed p-value…
4. Dynamic regression (adapted from Q10.4 in Hyndman & Athanasopoulos)
This exercise concerns aus_accommodation: the total quarterly takings from accommodation
and the room occupancy level for hotels, motels, and guest houses in Australia, between
January 1998 and June 2016. Total quarterly takings are in millions of Australian dollars.
a. Perform inflation adjustment for Takings (using the CPI column), creating a new column
in the tsibble called Adj Takings.
b. For each state, fit a dynamic regression model of Adj Takings with seasonal dummy
variables, a piecewise linear time trend with one knot at 2008 Q1, and ARIMA errors.
c. What model was fitted for the state of Victoria? Does the time series exhibit constant
seasonality?
d. Check that the residuals of the model in c) look like white noise.
Chapter 1 Solutions
Essential Statistics
Ch. 1.1 - 1. A pollster wants to estimate the proportion of...Ch. 1.1 - Prob. 2CYUCh. 1.1 - 3. A radio talk-show host invites listeners to...Ch. 1.1 - 4. Every 10 years, the U.S. Census Bureau attempts...Ch. 1.1 - 5. A public health researcher is designing a study...Ch. 1.1 - 6. A college basketball team held a promotion at...Ch. 1.1 - Prob. 7ECh. 1.1 - In Exercises 7–12, fill in each blank with the...Ch. 1.1 - In Exercises 7–12, fill in each blank with the...Ch. 1.1 - In Exercises 7–12, fill in each blank with the...
Ch. 1.1 - In Exercises 7–12, fill in each blank with the...Ch. 1.1 - In Exercises 7–12, fill in each blank with the...Ch. 1.1 - In Exercises 13–16, determine whether the...Ch. 1.1 - In Exercises 13–16, determine whether the...Ch. 1.1 - In Exercises 13–16, determine whether the...Ch. 1.1 - In Exercises 13–16, determine whether the...Ch. 1.1 - Prob. 17ECh. 1.1 - In Exercises 17–20, determine whether the number...Ch. 1.1 - Prob. 19ECh. 1.1 - In Exercises 17–20, determine whether the number...Ch. 1.1 - Prob. 21ECh. 1.1 - Prob. 22ECh. 1.1 - Prob. 23ECh. 1.1 - Prob. 24ECh. 1.1 - Prob. 25ECh. 1.1 - In Exercises 25–36, identify the kind of sample...Ch. 1.1 - In Exercises 25–36, identify the kind of sample...Ch. 1.1 - In Exercises 25–36, identify the kind of sample...Ch. 1.1 - In Exercises 25–36, identify the kind of sample...Ch. 1.1 - In Exercises 25–36, identify the kind of sample...Ch. 1.1 - In Exercises 25–36, identify the kind of sample...Ch. 1.1 - In Exercises 25–36, identify the kind of sample...Ch. 1.1 - In Exercises 25–36, identify the kind of sample...Ch. 1.1 - In Exercises 25–36, identify the kind of sample...Ch. 1.1 - In Exercises 25–36, identify the kind of sample...Ch. 1.1 - In Exercises 25–36, identify the kind of sample...Ch. 1.1 - In Exercises 25–36, identify the kind of sample...Ch. 1.1 - In Exercises 25–36, identify the kind of sample...Ch. 1.1 - 39. You’re giving me a headache: A pharmaceutical...Ch. 1.1 - 40. Pay more for recreation? The director of the...Ch. 1.1 - Prob. 41ECh. 1.1 - 42. Quality control: Products come off an assembly...Ch. 1.1 - 43. On-site day care: A large company wants to...Ch. 1.1 - Prob. 44ECh. 1.1 - 45. Draw a sample: Imagine that you are asked to...Ch. 1.1 - Prob. 46ECh. 1.2 - 1. A pollster asks a group of six voters about...Ch. 1.2 - Prob. 2CYUCh. 1.2 - Prob. 3CYUCh. 1.2 - Prob. 4CYUCh. 1.2 - Prob. 5ECh. 1.2 - Prob. 6ECh. 1.2 - Prob. 7ECh. 1.2 - Prob. 8ECh. 1.2 - Prob. 9ECh. 1.2 - Prob. 10ECh. 1.2 - Prob. 11ECh. 1.2 - In Exercises 11–14, determine whether the...Ch. 1.2 - In Exercises 11–14, determine whether the...Ch. 1.2 - In Exercises 11–14, determine whether the...Ch. 1.2 - Prob. 15ECh. 1.2 - In Exercises 15–24, determine whether the data...Ch. 1.2 - Prob. 17ECh. 1.2 - In Exercises 15–24, determine whether the data...Ch. 1.2 - In Exercises 15–24, determine whether the data...Ch. 1.2 - In Exercises 15–24, determine whether the data...Ch. 1.2 - Prob. 21ECh. 1.2 - In Exercises 15–24, determine whether the data...Ch. 1.2 - Prob. 23ECh. 1.2 - In Exercises 15–24, determine whether the data...Ch. 1.2 - Prob. 25ECh. 1.2 - In Exercises 25–32, determine whether the data...Ch. 1.2 - Prob. 27ECh. 1.2 - In Exercises 25–32, determine whether the data...Ch. 1.2 - Prob. 29ECh. 1.2 - Prob. 30ECh. 1.2 - Prob. 31ECh. 1.2 - In Exercises 25–32, determine whether the data...Ch. 1.2 - Prob. 33ECh. 1.2 - In Exercises 33–40, determine whether the data...Ch. 1.2 - Prob. 35ECh. 1.2 - In Exercises 33–40, determine whether the data...Ch. 1.2 - Prob. 37ECh. 1.2 - In Exercises 33–40, determine whether the data...Ch. 1.2 - Prob. 39ECh. 1.2 - In Exercises 33–40, determine whether the data...Ch. 1.2 - Working with the Concepts
41. Ringtones: Following...Ch. 1.2 - 42. More Ringtones: The following table presents...Ch. 1.2 - 43. How’s the economy? A poll conducted by the...Ch. 1.2 - 44. Global warming: A recent Pew poll asked people...Ch. 1.2 - 45. Read any good books lately? According to Time...Ch. 1.2 - 46. Watch your language: According to...Ch. 1.2 - 47. Top ten PC games: Nielsen Media recently...Ch. 1.2 - 48. At the movies: The following table provides...Ch. 1.2 - Prob. 49ECh. 1.3 - 1. To study the effect of air pollution on...Ch. 1.3 - 2. It is known that drinking alcohol increases the...Ch. 1.3 - In a study conducted at the University of Southern...Ch. 1.3 - In a study conducted at the University of...Ch. 1.3 - In Exercises 5–10, fill in each blank with the...Ch. 1.3 - Prob. 6ECh. 1.3 - Prob. 7ECh. 1.3 - Prob. 8ECh. 1.3 - Prob. 9ECh. 1.3 - Prob. 10ECh. 1.3 - Prob. 11ECh. 1.3 - Prob. 12ECh. 1.3 - Prob. 13ECh. 1.3 - Prob. 14ECh. 1.3 - In Exercises 11–16, determine whether the...Ch. 1.3 - Prob. 16ECh. 1.3 - Prob. 17ECh. 1.3 - Prob. 18ECh. 1.3 - Prob. 19ECh. 1.3 - Prob. 20ECh. 1.3 - Prob. 21ECh. 1.3 - Prob. 22ECh. 1.3 - 23. Taxicabs and crime: A sociologist discovered...Ch. 1.3 - Prob. 24ECh. 1.3 - Prob. 25ECh. 1.3 - Prob. 26ECh. 1.3 - Prob. 27ECh. 1.3 - Prob. 28ECh. 1.3 - Prob. 29ECh. 1.3 - Prob. 30ECh. 1.4 - Exercises 1 and 2 are the Check Your Understanding...Ch. 1.4 - Exercises 1 and 2 are the Check Your Understanding...Ch. 1.4 - Prob. 3ECh. 1.4 - Prob. 4ECh. 1.4 - Prob. 5ECh. 1.4 - Prob. 6ECh. 1.4 - In Exercises 6–8, determine whether the statement...Ch. 1.4 - Prob. 8ECh. 1.4 - In Exercises 9–16, specify the type of bias...Ch. 1.4 - In Exercises 9–16, specify the type of bias...Ch. 1.4 - In Exercises 9–16, specify the type of bias...Ch. 1.4 - In Exercises 9–16, specify the type of bias...Ch. 1.4 - In Exercises 9–16, specify the type of bias...Ch. 1.4 - In Exercises 9–16, specify the type of bias...Ch. 1.4 - Prob. 15ECh. 1.4 - In Exercises 9–16, specify the type of bias...Ch. 1.4 - Nuclear power, anyone? In a survey conducted by...Ch. 1.4 - Prob. 18ECh. 1.4 - Prob. 19ECh. 1.4 - Prob. 20ECh. 1.4 - Literary Digest poll: In the 1936 presidential...Ch. 1 - Provide an example of a qualitative variable and...Ch. 1 - Is the name of your favorite author a qualitative...Ch. 1 - True or false: Nominal variables do not have a...Ch. 1 - Prob. 4CQCh. 1 - Prob. 5CQCh. 1 - Prob. 6CQCh. 1 - Prob. 7CQCh. 1 - Prob. 8CQCh. 1 - True or false: An experiment where neither the...Ch. 1 - Prob. 10CQCh. 1 - Prob. 11CQCh. 1 - Prob. 12CQCh. 1 - Prob. 13CQCh. 1 - Prob. 14CQCh. 1 - Prob. 15CQCh. 1 - Prob. 1RECh. 1 - Prob. 2RECh. 1 - Discrete or continuous? Is the area of a college...Ch. 1 - Prob. 4RECh. 1 - In Exercises 5–8, identify the kind of sample that...Ch. 1 - In Exercises 5–8, identify the kind of sample that...Ch. 1 - Prob. 7RECh. 1 - In Exercises 5–8, identify the kind of sample that...Ch. 1 - Prob. 9RECh. 1 - Prob. 10RECh. 1 - Prob. 11RECh. 1 - Prob. 12RECh. 1 - In Exercises 13–15, explain why the results of the...Ch. 1 - In Exercises 13–15, explain why the results of the...Ch. 1 - In Exercises 13–15, explain why the results of the...Ch. 1 - Prob. 1WAICh. 1 - Prob. 2WAICh. 1 - Describe circumstances under which each of the...Ch. 1 - Prob. 4WAICh. 1 - Prob. 5WAICh. 1 - Prob. 6WAICh. 1 - Prob. 7WAICh. 1 - Prob. 9WAICh. 1 - Prob. 1CSCh. 1 - Prob. 2CSCh. 1 - Prob. 3CSCh. 1 - Prob. 4CSCh. 1 - Prob. 5CSCh. 1 - Prob. 6CSCh. 1 - Prob. 7CSCh. 1 - Prob. 8CSCh. 1 - Prob. 9CSCh. 1 - Prob. 10CSCh. 1 - Prob. 11CSCh. 1 - Air pollution is a serious problem in many places....
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- ce- 216 Answer the following, using the figures and tables from the age versus bone loss data in 2010 Questions 2 and 12: a. For what ages is it reasonable to use the regression line to predict bone loss? b. Interpret the slope in the context of this wolf X problem. y min ball bas oft c. Using the data from the study, can you say that age causes bone loss? srls to sqota bri vo X 1931s aqsini-Y ST.0 0 Isups Iq nsalst ever tom vam noboslios tsb a ti segood insvla villemari aixs-Yediarrow_forward120 110 110 100 90 80 Total Score Scatterplot of Total Score vs. Putts grit bas 70- 20 25 30 35 40 45 50 Puttsarrow_forward10 15 Answer the following, using the figures and tables from the temperature versus coffee sales data from Questions 1 and 11: a. How many coffees should the manager prepare to make if the temperature is 32°F? b. As the temperature drops, how much more coffee will consumers purchase?ov (Hint: Use the slope.) 21 bru sug c. For what temperature values does the voy marw regression line make the best predictions? al X al 1090391-Yrit,vewolf 30-X Inlog arts bauoxs 268 PART 4 Statistical Studies and the Hunt forarrow_forward
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- 50 Bone Loss 30 40 20 Scatterplot of Bone Loss vs. Age . [902) 10 50 60 70 80 90 Age a sub adi u xinq (20) E 4 adw I- nyd med ivia .0 What does a scatterplot that shows no linear relationship between X and Y look like?arrow_forwardVariable Temperature (X) Coffees sold (Y) Mean 35.08 29,913 Standard Deviation 16.29 12,174 Correlation -0.741arrow_forward2 Find and interpret the value of r² for the rainfall versus corn data, using the table from Question 14.2291992 b sgen gnome vixists 992 ms up? 2910 1999 bio .blos estos $22 tolqis2 qs rieds ni zoti swoH iisqa vilsen od 1'meo DOV to mogers boangas mus jil Reustar enou Leption20th ) abnuin Hagodt graub 032 Carrow_forward
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