ELEMENTARY STATISTICS W/CONNECT >IP<
4th Edition
ISBN: 9781259746826
Author: Bluman
Publisher: MCG
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Textbook Question
Chapter 11.2, Problem 5E
How are the
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
I just need to know why this is wrong below:
What is the test statistic W? W=5 (incorrect)
and
What is the p-value of this test? (p-value < 0.001-- incorrect)
Use the Wilcoxon signed rank test to test the hypothesis that the median number of pages in the statistics books in the library from which the sample was taken is 400. A sample of 12 statistics books have the following numbers of pages
pages
127
217
486
132
397
297
396
327
292
256
358
272
What is the sum of the negative ranks (W-)? 75 What is the sum of the positive ranks (W+)? 5What type of test is this? two tailedWhat is the test statistic W? 5 These are the critical values for a 1-tailed Wilcoxon Signed Rank test for n=12
Alpha Level
0.001
0.005
0.01
0.025
0.05
0.1
0.2
Critical Value
75
70
68
64
60
56
50
What is the p-value for this test? p-value < 0.001
ons
12. A sociologist hypothesizes that the crime rate is higher in areas
with higher poverty rate and lower median income. She col-
lects data on the crime rate (crimes per 100,000 residents),
the poverty rate (in %), and the median income (in $1,000s)
from 41 New England cities. A portion of the regression results
is shown in the following table.
Standard
Coefficients
error
t stat
p-value
Intercept
-301.62
549.71
-0.55 0.5864
Poverty
53.16
14.22
3.74 0.0006
Income
4.95
8.26
0.60 0.5526
a.
b.
Are the signs as expected on the slope coefficients?
Predict the crime rate in an area with a poverty rate of
20% and a median income of $50,000.
3. Using data from 50 work
2. The owner of several used-car dealerships believes that the
selling price of a used car can best be predicted using the car's
age. He uses data on the recent selling price (in $) and age of
20 used sedans to estimate Price = Po + B₁Age + ε. A portion
of the regression results is shown in the accompanying table.
Standard
Coefficients
Intercept
21187.94
Error
733.42
t Stat p-value
28.89 1.56E-16
Age
-1208.25
128.95 -9.37
2.41E-08
a. What is the estimate for B₁? Interpret this value.
b. What is the sample regression equation?
C. Predict the selling price of a 5-year-old sedan.
Chapter 11 Solutions
ELEMENTARY STATISTICS W/CONNECT >IP<
Ch. 11.1 - Skittles Color Distribution MM/Mars, the makers of...Ch. 11.1 - How does the goodness-of-fit test differ from the...Ch. 11.1 - How are the degrees of freedom computed for the...Ch. 11.1 - How are the expected values computed for the...Ch. 11.1 - When the expected frequency is less than 5 for a...Ch. 11.1 - Prob. 5ECh. 11.1 - Prob. 6ECh. 11.1 - Prob. 7ECh. 11.1 - For Exercises 5 through 18, perform these steps....Ch. 11.1 - For Exercises 5 through 18, perform these steps....
Ch. 11.1 - Prob. 10ECh. 11.1 - Prob. 11ECh. 11.1 - For Exercises 5 through 18, perform these steps....Ch. 11.1 - For Exercises 5 through 18, perform these steps....Ch. 11.1 - For Exercises 5 through 18, perform these steps....Ch. 11.1 - For Exercises 5 through 18, perform these steps....Ch. 11.1 - Prob. 16ECh. 11.1 - Prob. 17ECh. 11.1 - For Exercises 5 through 18, perform these steps....Ch. 11.1 - Tossing Coins Three coins are tossed 72 times, and...Ch. 11.1 - Prob. 20ECCh. 11.2 - Satellite Dishes in Restricted Areas The Senate is...Ch. 11.2 - Prob. 1ECh. 11.2 - How are the degrees of freedom computed for the...Ch. 11.2 - Generally, how would the null and alternative...Ch. 11.2 - What is the name of the table used in the...Ch. 11.2 - How are the expected values computed for each cell...Ch. 11.2 - How are the null and alternative hypotheses stated...Ch. 11.2 - Prob. 7ECh. 11.2 - Prob. 8ECh. 11.2 - Prob. 9ECh. 11.2 - For Exercises 7 through 31, perform the following...Ch. 11.2 - For Exercises 7 through 31, perform the following...Ch. 11.2 - For Exercises 7 through 31, perform the following...Ch. 11.2 - Prob. 13ECh. 11.2 - Prob. 14ECh. 11.2 - For Exercises 7 through 31, perform the following...Ch. 11.2 - For Exercises 7 through 31, perform the following...Ch. 11.2 - Prob. 17ECh. 11.2 - Prob. 18ECh. 11.2 - Prob. 19ECh. 11.2 - For Exercises 7 through 31, perform the following...Ch. 11.2 - Prob. 21ECh. 11.2 - For Exercises 7 through 31, perform the following...Ch. 11.2 - For Exercises 7 through 31, perform the following...Ch. 11.2 - For Exercises 7 through 31, perform the following...Ch. 11.2 - Prob. 25ECh. 11.2 - For Exercises 7 through 31, perform the following...Ch. 11.2 - Prob. 27ECh. 11.2 - For Exercises 7 through 31, perform the following...Ch. 11.2 - Prob. 29ECh. 11.2 - For Exercises 7 through 31, perform the following...Ch. 11.2 - Prob. 31ECh. 11.2 - Prob. 32ECCh. 11.2 - Prob. 33ECCh. 11.2 - When the chi-square test value is significant and...Ch. 11 - For Exercises 1 through 10, follow these steps. a....Ch. 11 - Prob. 11.1.2RECh. 11 - Prob. 11.1.3RECh. 11 - Prob. 11.1.4RECh. 11 - Prob. 11.2.5RECh. 11 - Prob. 11.2.6RECh. 11 - Prob. 11.2.7RECh. 11 - Prob. 11.2.8RECh. 11 - The Data Bunk is located in Appendix B, or on the...Ch. 11 - Prob. 2DACh. 11 - Prob. 3DACh. 11 - Prob. 1CQCh. 11 - Determine whether each statement is true or false....Ch. 11 - Prob. 3CQCh. 11 - Prob. 4CQCh. 11 - Prob. 5CQCh. 11 - Prob. 6CQCh. 11 - Complete the following statements with the best...Ch. 11 - Prob. 8CQCh. 11 - Prob. 9CQCh. 11 - Prob. 10CQCh. 11 - Prob. 11CQCh. 11 - Prob. 12CQCh. 11 - Prob. 13CQCh. 11 - Prob. 14CQCh. 11 - Prob. 15CQCh. 11 - Prob. 16CQCh. 11 - Prob. 17CQCh. 11 - Prob. 18CQCh. 11 - Prob. 19CQCh. 11 - Prob. 1CTCCh. 11 - Prob. 2CTC
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- ian income of $50,000. erty rate of 13. Using data from 50 workers, a researcher estimates Wage = Bo+B,Education + B₂Experience + B3Age+e, where Wage is the hourly wage rate and Education, Experience, and Age are the years of higher education, the years of experience, and the age of the worker, respectively. A portion of the regression results is shown in the following table. ni ogolloo bash 1 Standard Coefficients error t stat p-value Intercept 7.87 4.09 1.93 0.0603 Education 1.44 0.34 4.24 0.0001 Experience 0.45 0.14 3.16 0.0028 Age -0.01 0.08 -0.14 0.8920 a. Interpret the estimated coefficients for Education and Experience. b. Predict the hourly wage rate for a 30-year-old worker with four years of higher education and three years of experience.arrow_forward1. If a firm spends more on advertising, is it likely to increase sales? Data on annual sales (in $100,000s) and advertising expenditures (in $10,000s) were collected for 20 firms in order to estimate the model Sales = Po + B₁Advertising + ε. A portion of the regression results is shown in the accompanying table. Intercept Advertising Standard Coefficients Error t Stat p-value -7.42 1.46 -5.09 7.66E-05 0.42 0.05 8.70 7.26E-08 a. Interpret the estimated slope coefficient. b. What is the sample regression equation? C. Predict the sales for a firm that spends $500,000 annually on advertising.arrow_forwardCan you help me solve problem 38 with steps im stuck.arrow_forward
- How do the samples hold up to the efficiency test? What percentages of the samples pass or fail the test? What would be the likelihood of having the following specific number of efficiency test failures in the next 300 processors tested? 1 failures, 5 failures, 10 failures and 20 failures.arrow_forwardThe battery temperatures are a major concern for us. Can you analyze and describe the sample data? What are the average and median temperatures? How much variability is there in the temperatures? Is there anything that stands out? Our engineers’ assumption is that the temperature data is normally distributed. If that is the case, what would be the likelihood that the Safety Zone temperature will exceed 5.15 degrees? What is the probability that the Safety Zone temperature will be less than 4.65 degrees? What is the actual percentage of samples that exceed 5.25 degrees or are less than 4.75 degrees? Is the manufacturing process producing units with stable Safety Zone temperatures? Can you check if there are any apparent changes in the temperature pattern? Are there any outliers? A closer look at the Z-scores should help you in this regard.arrow_forwardNeed help pleasearrow_forward
- 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. 4. One-Way ANOVA: Analyze the customer satisfaction scores across four different product categories to determine if there is a significant difference in means. (Hints: The null can be about maintaining status-quo or no difference among groups) H0 = H1=arrow_forwardPlease 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 2. Two-Sample T-Test: Compare the average sales revenue of two different regions to determine if there is a significant difference. (Hints: The null can be about maintaining status-quo or no difference among groups; if alternative hypothesis is non-directional use the two-tailed p-value from excel file to make a decision about rejecting or not rejecting null) H0 = H1=arrow_forwardPlease 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 3. Paired T-Test: A company implemented a training program to improve employee performance. To evaluate the effectiveness of the program, the company recorded the test scores of 25 employees before and after the training. Determine if the training program is effective in terms of scores of participants before and after the training. (Hints: The null can be about maintaining status-quo or no difference among groups; if alternative hypothesis is non-directional, use the two-tailed p-value from excel file to make a decision about rejecting or not rejecting the null) H0 = H1= Conclusion:arrow_forward
- 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. The data for the following questions is provided in Microsoft Excel file on 4 separate sheets. Please conduct 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. 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…arrow_forwardPlease 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. 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 is _______ 2. Two-Sample T-Test:…arrow_forwardPlease 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? 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…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
College Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage Learning
Algebra & Trigonometry with Analytic GeometryAlgebraISBN:9781133382119Author:SwokowskiPublisher:Cengage
Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
College Algebra (MindTap Course List)
Algebra
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:9781133382119
Author:Swokowski
Publisher:Cengage
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Continuous Probability Distributions - Basic Introduction; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=QxqxdQ_g2uw;License: Standard YouTube License, CC-BY
Probability Density Function (p.d.f.) Finding k (Part 1) | ExamSolutions; Author: ExamSolutions;https://www.youtube.com/watch?v=RsuS2ehsTDM;License: Standard YouTube License, CC-BY
Find the value of k so that the Function is a Probability Density Function; Author: The Math Sorcerer;https://www.youtube.com/watch?v=QqoCZWrVnbA;License: Standard Youtube License