Applied Statistics in Business and Economics
Applied Statistics in Business and Economics
5th Edition
ISBN: 9781259329050
Author: DOANE
Publisher: MCG
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Chapter 14, Problem 3CR

(a) What are the distinguishing features of each component of a time series (trend, cycle, seasonal, irregular)? (b) Why is cycle usually ignored in time-series modeling?

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During busy political seasons, many opinion polls are conducted. In apresidential race, how do you think the participants in polls are generally selected?Discuss any issues regarding simple random, stratified, systematic, cluster, andconvenience sampling in these polls. What about other types of polls, besides political?
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28. (a) Under what conditions do we say that two random variables X and Y are independent? (b) Demonstrate that if X and Y are independent, then it follows that E(XY) = E(X)E(Y); (e) Show by a counter example that the converse of (ii) is not necessarily true.

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Applied Statistics in Business and Economics

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