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Statistical Techniques in Business and Economics
18th Edition
ISBN: 9781260788785
Author: Lind, Douglas
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Question
Chapter 14, Problem 29CE
a.
To determine
Find the regression equation.
Explain whether the sales are predictable from the number of commercials.
b.
To determine
Find the residual and plot a histogram.
Explain whether the normality assumption seem reasonable.
Expert Solution & Answer
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Students have asked these similar questions
Microsoft Excel include formulas
Question 1
The data shown in Table 1 are and R values for 24 samples of size n = 5 taken from a process producing
bearings. The measurements are made on the inside diameter of the bearing, with only the last three decimals
recorded (i.e., 34.5 should be 0.50345).
Table 1: Bearing Diameter Data
Sample Number
I
R
Sample Number
I R
1
34.5
3
13
35.4
8
2
34.2
4
14
34.0
6
3
31.6
4
15
37.1
5
4
31.5
4
16
34.9
7
5
35.0
5
17
33.5
4
6
34.1
6
18
31.7
3
7
32.6
4
19
34.0
8
8
33.8
3
20
35.1
9
34.8
7
21
33.7
2
10
33.6
8
22
32.8
1
11
31.9
3
23
33.5
3
12
38.6 9
24
34.2
2
(a) Set up and R charts on this process. Does the process seem to be in statistical control? If necessary,
revise the trial control limits. [15 pts]
(b) If specifications on this diameter are 0.5030±0.0010, find the percentage of nonconforming bearings pro-
duced by this process. Assume that diameter is normally distributed. [10 pts]
1
4. (5 pts) Conduct a chi-square contingency test (test of independence) to assess whether
there is an association between the behavior of the elderly person (did not stop to talk,
did stop to talk) and their likelihood of falling. Below, please state your null and
alternative hypotheses, calculate your expected values and write them in the table,
compute the test statistic, test the null by comparing your test statistic to the critical
value in Table A (p. 713-714) of your textbook and/or estimating the P-value, and
provide your conclusions in written form. Make sure to show your work.
Did not stop walking to talk
Stopped walking to talk
Suffered a fall
12
11
Totals
23
Did not suffer a fall | 2
Totals
35
37
14
46
60
T
Chapter 14 Solutions
Statistical Techniques in Business and Economics
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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