STATS:DATA+MODELS-MY LAB ACC >CUSTOM<
21st Edition
ISBN: 9780137643127
Author: DeVeaux
Publisher: PEARSON
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Chapter 13, Problem 36E
a.
To determine
Find the
b.
To determine
Explain whether the event of travelling to Mexico and travelling to Canada are disjoint.
c.
To determine
Explain whether the event of travelling to Mexico and travelling to Canada independent.
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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.
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.
Chapter 13 Solutions
STATS:DATA+MODELS-MY LAB ACC >CUSTOM<
Ch. 13.1 - 1. Back in Chapter 1, we suggested that you sample...Ch. 13.3 - JUST CHECKING
4. The American Association for...Ch. 13.4 - JUST CHECKING
5. Remember our sample of pages in...Ch. 13 - Prob. 1ECh. 13 - Cooking and shopping Forty-five percent of...Ch. 13 - Sports What is the probability that a person likes...Ch. 13 - Sports again From Exercise 3, if someone doesn’t...Ch. 13 - Late to the train A student figures that he has a...Ch. 13 - Field goals A nervous kicker usually makes 70% of...Ch. 13 - Titanic On the Titanic, the probability of...
Ch. 13 - Births If the sex of a child is independent of all...Ch. 13 - Facebook Facebook reports that 70% of its users...Ch. 13 - Online banking A national survey indicated that...Ch. 13 - Facebook again Suppose that the information in...Ch. 13 - Online banking again Suppose that the information...Ch. 13 - Facebook final Given the probabilities in Exercise...Ch. 13 - Online banking last time Given the probabilities...Ch. 13 - Phones Recent research suggests that 73% of...Ch. 13 - Travel Suppose the probability that a U.S....Ch. 13 - Amenities A check of dorm rooms on a large college...Ch. 13 - Workers Employment data at a large company reveal...Ch. 13 - Global survey The marketing research organization...Ch. 13 - Birth order A survey of students in a large...Ch. 13 - 21. Cards You draw a card at random front a...Ch. 13 - Pets In its monthly report, the local animal...Ch. 13 - 59. Health The probabilities that an adult...Ch. 13 - 60. Immigration The table shows the political...Ch. 13 - 25. Global survey, take 2 Look again at the table...Ch. 13 - 26. Birth order, take 2 Look again at the data...Ch. 13 - Sick kids Seventy percent of kids who visit a...Ch. 13 - Sick cars Twenty percent of cars that are...Ch. 13 - 29. Cards You are dealt a hand of three cards, one...Ch. 13 - 30. Another hand You pick three cards at random...Ch. 13 - 63. Batteries A junk box in your room contains a...Ch. 13 - 64. Shirts The soccer team’s shirts have arrived...Ch. 13 - 65. Eligibility A university requires its biology...Ch. 13 - 66. Benefits Fifty-six percent of all American...Ch. 13 - 35. Cell phones in the home A survey found that...Ch. 13 - Prob. 36ECh. 13 - Prob. 37ECh. 13 - Prob. 38ECh. 13 - Prob. 39ECh. 13 - 40. Birth order, finis In Exercises 20 and 26, we...Ch. 13 - Prob. 41ECh. 13 - Prob. 42ECh. 13 - Prob. 43ECh. 13 - Prob. 44ECh. 13 - Prob. 45ECh. 13 - Prob. 46ECh. 13 - Prob. 47ECh. 13 - Prob. 48ECh. 13 - Prob. 49ECh. 13 - Prob. 50ECh. 13 - Prob. 51ECh. 13 - Prob. 52ECh. 13 - Prob. 53ECh. 13 - Prob. 54ECh. 13 - Prob. 55ECh. 13 - 82. No-shows An airline offers discounted...Ch. 13 - Prob. 57ECh. 13 - Prob. 58ECh. 13 - Prob. 59E
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