EBK UNDERSTANDING BASIC STATISTICS
EBK UNDERSTANDING BASIC STATISTICS
7th Edition
ISBN: 9780100547568
Author: BRASE
Publisher: YUZU
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Chapter 1.2, Problem 12P

Sampling: Random Use a random-number table to generate a list of eight random number from 1 to 976. Explain your work.

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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 1 Solutions

EBK UNDERSTANDING BASIC STATISTICS

Ch. 1.1 - Student Life: Levels of Measurement Categorize...Ch. 1.1 - Business: Levels of Measurement Categorize these...Ch. 1.1 - Fishing: Levels of Measurement Categorize these...Ch. 1.1 - Education: Teacher Evaluation If you were going to...Ch. 1.1 - Critical Thinking You are interested in the...Ch. 1.2 - Statistical Literacy Explain the difference...Ch. 1.2 - Statistical Literacy Explain the difference...Ch. 1.2 - Statistical Literacy Marcie conducted a study of...Ch. 1.2 - Statistical Literacy A random sample of students...Ch. 1.2 - Interpretation In a random sample of 50 students...Ch. 1.2 - Interpretation A campus performance series...Ch. 1.2 - Critical Thinking Greg took a random sample of...Ch. 1.2 - Critical Thinking Consider the students in your...Ch. 1.2 - Critical Thinking Suppose you are assigned the...Ch. 1.2 - Critical Thinking In each of the following...Ch. 1.2 - Sampling: Random Use a random-number table to...Ch. 1.2 - Sampling: Random Use a random-number table to...Ch. 1.2 - Sampling: Random Use a random-number table to...Ch. 1.2 - Prob. 14PCh. 1.2 - Computer Simulation: Roll of a Die A die is a cube...Ch. 1.2 - Prob. 16PCh. 1.2 - Education: Test Construction Professor Gill is...Ch. 1.2 - Education: Test Construction Professor Gill uses...Ch. 1.2 - Sampling Methods: Benefits Package An important...Ch. 1.2 - Sampling Methods: Health Care Modern Managed...Ch. 1.3 - Prob. 1PCh. 1.3 - Statistical Literacy Consider a completely...Ch. 1.3 - Critical Thinking A brief survey regarding...Ch. 1.3 - Critical Thinking A randomized block design was...Ch. 1.3 - Interpretation Zane is examining two studies...Ch. 1.3 - Prob. 6PCh. 1.3 - Ecology: Gathering Data Which technique for...Ch. 1.3 - General: Gathering Data Which technique for...Ch. 1.3 - General: Completely Randomized Experiment How...Ch. 1.3 - Survey: Manipulation The NewYork Times did a...Ch. 1.3 - Critical Thinking An agricultural study is...Ch. 1 - Critical Thinking Sudoku is a puzzle consisting of...Ch. 1 - Critical Thinking Alisha wants to do a statistical...Ch. 1 - Statistical Literacy You are conducting a study of...Ch. 1 - Radio Talk Show: Sample Bias A radio talk show...Ch. 1 - Prob. 5CRCh. 1 - General: Type of Sampling Categorize the type of...Ch. 1 - General: Gathering Data Which technique fur...Ch. 1 - General: Experiment How would you use a completely...Ch. 1 - Student Life: Data Collection Project Make a...Ch. 1 - Form Problem: Fireflies Suppose you air conducting...Ch. 1 - Prob. 1DHGPCh. 1 - Use a random-number table or random-number...Ch. 1 - What does it mean to say that we are going to use...Ch. 1 - In your own words, explain the differences among...Ch. 1 - Simulate the results of tossing a fair die 18...Ch. 1 - Prob. 2UTA
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