Stats
5th Edition
ISBN: 9780135163825
Author: De Veaux, Richard D., Velleman, Paul F., BOCK, David E.
Publisher: Pearson,
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Chapter 13.1, Problem 1JC
a.
To determine
Display the results in a form of a Venn diagram.
b.
To determine
Find the
c.
To determine
Find the probability that a randomly selected page had data display but not equation.
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Examine the Variables: Carefully review and note the names of all variables in the dataset. Examples of these variables include:
Mileage (mpg)
Number of Cylinders (cyl)
Displacement (disp)
Horsepower (hp)
Research: Google to understand these variables.
Statistical Analysis: Select mpg variable, and perform the following statistical tests. Once you are done with these tests using mpg variable, repeat the same with hp
Mean
Median
First Quartile (Q1)
Second Quartile (Q2)
Third Quartile (Q3)
Fourth Quartile (Q4)
10th Percentile
70th Percentile
Skewness
Kurtosis
Document Your Results:
In RStudio: Before running each statistical test, provide a heading in the format shown at the bottom. “# Mean of mileage – Your name’s command”
In Microsoft Word: Once you've completed all tests, take a screenshot of your results in RStudio and paste it into a Microsoft Word document. Make sure that snapshots are very clear. You will need multiple snapshots. Also transfer these results to the…
Examine the Variables: Carefully review and note the names of all variables in the dataset. Examples of these variables include:
Mileage (mpg)
Number of Cylinders (cyl)
Displacement (disp)
Horsepower (hp)
Research: Google to understand these variables.
Statistical Analysis: Select mpg variable, and perform the following statistical tests. Once you are done with these tests using mpg variable, repeat the same with hp
Mean
Median
First Quartile (Q1)
Second Quartile (Q2)
Third Quartile (Q3)
Fourth Quartile (Q4)
10th Percentile
70th Percentile
Skewness
Kurtosis
Document Your Results:
In RStudio: Before running each statistical test, provide a heading in the format shown at the bottom. “# Mean of mileage – Your name’s command”
In Microsoft Word: Once you've completed all tests, take a screenshot of your results in RStudio and paste it into a Microsoft Word document. Make sure that snapshots are very clear. You will need multiple snapshots. Also transfer these results to the…
Chapter 13 Solutions
Stats
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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- Examine the Variables: Carefully review and note the names of all variables in the dataset. Examples of these variables include: Mileage (mpg) Number of Cylinders (cyl) Displacement (disp) Horsepower (hp) Research: Google to understand these variables. Statistical Analysis: Select mpg variable, and perform the following statistical tests. Once you are done with these tests using mpg variable, repeat the same with hp Mean Median First Quartile (Q1) Second Quartile (Q2) Third Quartile (Q3) Fourth Quartile (Q4) 10th Percentile 70th Percentile Skewness Kurtosis Document Your Results: In RStudio: Before running each statistical test, provide a heading in the format shown at the bottom. “# Mean of mileage – Your name’s command” In Microsoft Word: Once you've completed all tests, take a screenshot of your results in RStudio and paste it into a Microsoft Word document. Make sure that snapshots are very clear. You will need multiple snapshots. Also transfer these results to the…arrow_forward2 (VaR and ES) Suppose X1 are independent. Prove that ~ Unif[-0.5, 0.5] and X2 VaRa (X1X2) < VaRa(X1) + VaRa (X2). ~ Unif[-0.5, 0.5]arrow_forward8 (Correlation and Diversification) Assume we have two stocks, A and B, show that a particular combination of the two stocks produce a risk-free portfolio when the correlation between the return of A and B is -1.arrow_forward
- 9 (Portfolio allocation) Suppose R₁ and R2 are returns of 2 assets and with expected return and variance respectively r₁ and 72 and variance-covariance σ2, 0%½ and σ12. Find −∞ ≤ w ≤ ∞ such that the portfolio wR₁ + (1 - w) R₂ has the smallest risk.arrow_forward7 (Multivariate random variable) Suppose X, €1, €2, €3 are IID N(0, 1) and Y2 Y₁ = 0.2 0.8X + €1, Y₂ = 0.3 +0.7X+ €2, Y3 = 0.2 + 0.9X + €3. = (In models like this, X is called the common factors of Y₁, Y₂, Y3.) Y = (Y1, Y2, Y3). (a) Find E(Y) and cov(Y). (b) What can you observe from cov(Y). Writearrow_forward1 (VaR and ES) Suppose X ~ f(x) with 1+x, if 0> x > −1 f(x) = 1−x if 1 x > 0 Find VaRo.05 (X) and ES0.05 (X).arrow_forward
- Joy is making Christmas gifts. She has 6 1/12 feet of yarn and will need 4 1/4 to complete our project. How much yarn will she have left over compute this solution in two different ways arrow_forwardSolve for X. Explain each step. 2^2x • 2^-4=8arrow_forwardOne hundred people were surveyed, and one question pertained to their educational background. The results of this question and their genders are given in the following table. Female (F) Male (F′) Total College degree (D) 30 20 50 No college degree (D′) 30 20 50 Total 60 40 100 If a person is selected at random from those surveyed, find the probability of each of the following events.1. The person is female or has a college degree. Answer: equation editor Equation Editor 2. The person is male or does not have a college degree. Answer: equation editor Equation Editor 3. The person is female or does not have a college degree.arrow_forward
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