STAT. TECH. IN BUSINESS + ECON LOOSELEAF
18th Edition
ISBN: 9781264261765
Author: Lind
Publisher: MCG
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Chapter 14, Problem 16CE
To determine
Explain whether it is possible to conclude that any of the regression coefficients are not equal to zero.
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Example 4 (Part 2) We can use Statkey to take 50 different random samples of size 20 each, find the mean of
each sample, and compute a confidence interval for each one. The graph of the sampling distribution of the means
is on the left below, and that of the 50 confidence intervals is on the right.
1. What does each dot on the left hand dotplot represent?
StatKey Sampling Distribution for a Mean
Percent with Internet Access (Countries) ▾
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20
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Sampling Dotplot of Mean
Left Tail Two-Tail Right Tail
60
50
40
40
30
20
20
10
samples = 50
mean = 41.626
std. error = 5.089
:
.:
:
::
0
25
30
35
40
45
50
55
60
41.626
Data Plots
Confidence Intervals
95%->
Confidence Intervals
Coverage
48/50 = 96%
20
40
60
80
2. Circle the confidence intervals that failed to capture the true mean.
3. Circle the sample means that produced those…
Example 4 (Part 1) One of the datasets in the Lock book
contains information about 215 countries of the world. One
of the variables is the percentage of people in the country
who have access to the internet. We have data for 203 of
those countries. The plot on the right shows a dotplot of
the data.
1. What are the cases?
Population
n = 203, mean = 43.024
median = 43.5, stdev = 29.259
20
2. What does each dot on the dotplot represent?
15
10
5
20
40
43.024
60
80
3. What type of data is do we collect from the cases, quantitative or categorical?
Let x be a random variable that represents the percentage of successful free throws a professional basketball player makes in a season. Let y be a random variable that represents the percentage of successful field goals a professional basketball player makes in a season. A random sample of n =6 professional basketball players gave the following information.
x
63
79
70
80
84
87
y
46
49
45
55
57
58
Find Se. Round your answer to three decimal places.
Chapter 14 Solutions
STAT. TECH. IN BUSINESS + ECON LOOSELEAF
Ch. 14 - There are many restaurants in northeastern South...Ch. 14 - Prob. 1ECh. 14 - Thompson Photo Works purchased several new, highly...Ch. 14 - A consulting group was hired by the Human...Ch. 14 - Cellulon, a manufacturer of home insulation, wants...Ch. 14 - Refer to Self-Review 141 on the subject of...Ch. 14 - Prob. 5ECh. 14 - Prob. 6ECh. 14 - Prob. 3SRCh. 14 - Given the following regression output, answer the...
Ch. 14 - The following regression output was obtained from...Ch. 14 - A study by the American Realtors Association...Ch. 14 - The manager of High Point Sofa and Chair, a large...Ch. 14 - Prob. 10ECh. 14 - Prob. 11ECh. 14 - A real estate developer wishes to study the...Ch. 14 - Prob. 13CECh. 14 - Prob. 14CECh. 14 - Prob. 15CECh. 14 - Prob. 16CECh. 14 - The district manager of Jasons, a large discount...Ch. 14 - Suppose that the sales manager of a large...Ch. 14 - The administrator of a new paralegal program at...Ch. 14 - Prob. 20CECh. 14 - Prob. 21CECh. 14 - A regional planner is studying the demographics of...Ch. 14 - Great Plains Distributors, Inc. sells roofing and...Ch. 14 - Prob. 24CECh. 14 - Prob. 25CECh. 14 - Prob. 26CECh. 14 - Prob. 28CECh. 14 - Prob. 29CECh. 14 - The director of special events for Sun City...Ch. 14 - Prob. 31CECh. 14 - Prob. 32CECh. 14 - Prob. 33DACh. 14 - Prob. 34DACh. 14 - Prob. 35DACh. 14 - Prob. 1PCh. 14 - Quick-print firms in a large downtown business...Ch. 14 - The following ANOVA output is given. a. Compute...Ch. 14 - Prob. 1CCh. 14 - Prob. 2CCh. 14 - Prob. 3CCh. 14 - In a scatter diagram, the dependent variable is...Ch. 14 - What level of measurement is required to compute...Ch. 14 - If there is no correlation between two variables,...Ch. 14 - Which of the following values indicates the...Ch. 14 - Under what conditions will the coefficient of...Ch. 14 - Given the following regression equation, = 7 ...Ch. 14 - Given the following regression equation, = 7 ...Ch. 14 - Given the following regression equation, = 7 ...Ch. 14 - Prob. 1.9PTCh. 14 - In a multiple regression equation, what is the...Ch. 14 - Prob. 1.11PTCh. 14 - Prob. 1.12PTCh. 14 - For a dummy variable, such as gender, how many...Ch. 14 - What is the term given to a table that shows all...Ch. 14 - If there is a linear relationship between the...Ch. 14 - Given the following regression analysis output: a....Ch. 14 - Given the following regression analysis output. a....
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