Statistics: The Art and Science of Learning From Data, Books a la Carte Edition (4th Edition)
4th Edition
ISBN: 9780133860825
Author: Alan Agresti, Christine A. Franklin, Bernhard Klingenberg
Publisher: PEARSON
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Chapter 14.2, Problem 20PB
Advertising effect oil sales Each of 100 restaurants in a fast-food chain is randomly assigned one of four media for an advertising campaign: A = radio, B = TV, C = newspaper, D = mailing. For each restaurant, the observation is the change in sales, defined as the difference between the sales for the month during which the advertising campaign took place and the sales in the same month a year ago (in thousands of dollars).
- a. By creating indicator variables, write a regression equation for the analysis to compare
mean change in sales for the four media. - b. Explain how you could use the regression model to test the null hypothesis of equal population mean change in sales for the four media.
- c. The prediction equation is
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We consider the one-period model studied in class as an example. Namely, we assumethat the current stock price is S0 = 10. At time T, the stock has either moved up toSt = 12 (with probability p = 0.6) or down towards St = 8 (with probability 1−p = 0.4).We consider a call option on this stock with maturity T and strike price K = 10. Theinterest rate on the money market is zero.As in class, we assume that you, as a customer, are willing to buy the call option on100 shares of stock for $120. The investor, who sold you the option, can adopt one of thefollowing strategies: Strategy 1: (seen in class) Buy 50 shares of stock and borrow $380. Strategy 2: Buy 55 shares of stock and borrow $430. Strategy 3: Buy 60 shares of stock and borrow $480. Strategy 4: Buy 40 shares of stock and borrow $280.(a) For each of strategies 2-4, describe the value of the investor’s portfolio at time 0,and at time T for each possible movement of the stock.(b) For each of strategies 2-4, does the investor have…
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Chapter 14 Solutions
Statistics: The Art and Science of Learning From Data, Books a la Carte Edition (4th Edition)
Ch. 14.1 - Hotel satisfaction The CEO of a company that owns...Ch. 14.1 - Prob. 2PBCh. 14.1 - Whats the best way to learn French? The following...Ch. 14.1 - Prob. 4PBCh. 14.1 - Prob. 5PBCh. 14.1 - ANOVA and box plots For two studies, each...Ch. 14.1 - Prob. 7PBCh. 14.1 - Smoking and personality A study about smoking and...Ch. 14.1 - Prob. 9PBCh. 14.1 - Prob. 10PB
Ch. 14.1 - Prob. 11PBCh. 14.2 - House prices and age For the House Selling Prices...Ch. 14.2 - Time on Facebook Do freshmen spent significantly...Ch. 14.2 - Prob. 14PBCh. 14.2 - Tukey holding time comparisons Refer to the...Ch. 14.2 - Prob. 16PBCh. 14.2 - REM regression Refer to the previous exercise. a....Ch. 14.2 - Prob. 18PBCh. 14.2 - Regression for outsourcing Refer to the previous...Ch. 14.2 - Advertising effect oil sales Each of 100...Ch. 14.3 - Reducing cholesterol An experiment randomly...Ch. 14.3 - Prob. 24PBCh. 14.3 - Political ideology in 2014 The GSS measures...Ch. 14.3 - Prob. 26PBCh. 14.3 - Corn and manure In Example 10, the coefficient of...Ch. 14.3 - Prob. 28PBCh. 14.3 - Regression for telephone holding times Refer to...Ch. 14.3 - Prob. 30PBCh. 14.3 - Income by gender and degree In 2012, the...Ch. 14.3 - Prob. 32PBCh. 14.3 - Attractiveness and getting dates The results in...Ch. 14.3 - Prob. 34PBCh. 14.3 - Regression of weight gain on diet Refer to the...Ch. 14 - Good friends and marital status Is the number of...Ch. 14 - Prob. 37CPCh. 14 - Singles watch more TV The 2014 General Social...Ch. 14 - Prob. 39CPCh. 14 - Prob. 40CPCh. 14 - Prob. 41CPCh. 14 - Prob. 42CPCh. 14 - Prob. 43CPCh. 14 - Comparing therapies for anorexia The Anorexia data...Ch. 14 - Prob. 45CPCh. 14 - Prob. 46CPCh. 14 - Prob. 47CPCh. 14 - Prob. 48CPCh. 14 - Prob. 49CPCh. 14 - Prob. 50CPCh. 14 - Prob. 51CPCh. 14 - TV watching by gender and race When we use the...Ch. 14 - Prob. 53CPCh. 14 - Prob. 54CPCh. 14 - Prob. 55CPCh. 14 - Prob. 56CPCh. 14 - Prob. 57CPCh. 14 - Prob. 59CPCh. 14 - Prob. 60CPCh. 14 - Prob. 61CPCh. 14 - Prob. 62CPCh. 14 - Prob. 63CPCh. 14 - Prob. 64CPCh. 14 - Prob. 65CPCh. 14 - Prob. 66CPCh. 14 - Prob. 67CPCh. 14 - Prob. 68CPCh. 14 - Prob. 69CPCh. 14 - Prob. 70CPCh. 14 - Prob. 71CP
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- Negate the following compound statement using De Morgans's laws.arrow_forwardQuestion 6: Negate the following compound statements, using De Morgan's laws. A) If Alberta was under water entirely then there should be no fossil of mammals.arrow_forwardNegate the following compound statement using De Morgans's laws.arrow_forward
- Characterize (with proof) all connected graphs that contain no even cycles in terms oftheir blocks.arrow_forwardLet G be a connected graph that does not have P4 or C3 as an induced subgraph (i.e.,G is P4, C3 free). Prove that G is a complete bipartite grapharrow_forwardProve sufficiency of the condition for a graph to be bipartite that is, prove that if G hasno odd cycles then G is bipartite as follows:Assume that the statement is false and that G is an edge minimal counterexample. That is, Gsatisfies the conditions and is not bipartite but G − e is bipartite for any edge e. (Note thatthis is essentially induction, just using different terminology.) What does minimality say aboutconnectivity of G? Can G − e be disconnected? Explain why if there is an edge between twovertices in the same part of a bipartition of G − e then there is an odd cyclearrow_forward
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