Business Statistics: A First Course (8th Edition)
Business Statistics: A First Course (8th Edition)
8th Edition
ISBN: 9780135177785
Author: David M. Levine, Kathryn A. Szabat, David F. Stephan
Publisher: PEARSON
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Wetlands offer a diversity of benefits. They provide a habitat for wildlife, spawning grounds for U.S. commercial fish, and renewable timber resources. In the last 200 years, the United States has lost more than half its wetlands. Environmental Almanac gives the percentage of wetlands lost in each state in the last 200 years. For the 30 of the lower 48 states, the percentage loss of wetlands per state is as follows. Make a stem-and-leaf display of these data. (Use the tens digit as the stem and the ones digit as the leaf. Enter NONE in any unused answer blanks.)
In 2011 home prices and mortgage rates dropped so low that in a number of cities the monthly cost of owning a home was less expensive than renting. The following data show the average asking rent for 10 markets and the monthly mortgage on the median priced home (including taxes and insurance) for 10 cities where the average monthly mortgage payment was less than the average asking rent (The Wall Street Journal, November 26–27, 2011).Click on the datafile logo to reference the data.     Enter negative values as negative numbers. a.  Develop the estimated regression equation that can be used to predict the monthly mortgage given the average asking rent (to 2 decimals).The regression equation is:Mortgage ($) =  +  Rent ($)
Google has changed its strategy with regard to how much and over which media it invests in advertising. The following table shows Google's marketing budget in millions of dollars for 2008 and 2011 (The Wall Street Journal, March 27, 2012).   2008 2011 Internet $26.0   $123.3   Newspaper, etc. $4.0   $20.7   Television $0.0   $69.3     a.  Select a side-by-side bar chart with year as the variable on the horizontal axis.
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