Aplia, 1 term Printed Access Card for Gravetter/Wallnau's Essentials of Statistics for the Behavioral Sciences, 8th
8th Edition
ISBN: 9781285079707
Author: Frederick J Gravetter, Larry B. Wallnau
Publisher: Cengage Learning
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Chapter 14.6, Problem 3LC
To determine
To find: The value of Y for each value of X using given linear equation.
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30. An individual who has automobile insurance from a certain company is randomly selected. Let Y be the num- ber of moving violations for which the individual was cited during the last 3 years. The pmf of Y isy | 1 2 4 8 16p(y) | .05 .10 .35 .40 .10
a.Compute E(Y).b. Suppose an individual with Y violations incurs a surcharge of $100Y^2. Calculate the expected amount of the surcharge.
24. An insurance company offers its policyholders a num- ber of different premium payment options. For a ran- domly selected policyholder, let X = the number of months between successive payments. The cdf of X is as follows:
F(x)=0.00 : x < 10.30 : 1≤x<30.40 : 3≤ x < 40.45 : 4≤ x <60.60 : 6≤ x < 121.00 : 12≤ x
a. What is the pmf of X?b. Using just the cdf, compute P(3≤ X ≤6) and P(4≤ X).
Chapter 14 Solutions
Aplia, 1 term Printed Access Card for Gravetter/Wallnau's Essentials of Statistics for the Behavioral Sciences, 8th
Ch. 14.1 - For each of the following, indicate whether you...Ch. 14.1 - The data points would be clustered more closely...Ch. 14.1 - If the data points are clustered close to a line...Ch. 14.1 - If a scatter plot shows a set of data points that...Ch. 14.2 - Can SP ever have a value less than zero?Ch. 14.2 - Calculate the sum of products of deviations (SP)...Ch. 14.2 - Prob. 3LCCh. 14.3 - A researcher finds a correlation of r = 0.71...Ch. 14.3 - A researcher finds a correlation of r = 0.60...Ch. 14.4 - A researcher obtains a correlation of r = 0.39 for...
Ch. 14.4 - As sample size gets smaller, what happens to the...Ch. 14.4 - Sales figures show a positive relationship between...Ch. 14.5 - Describe what is measured by a Spearman...Ch. 14.5 - Prob. 2LCCh. 14.5 - Prob. 3LCCh. 14.5 - The following data represent job-related stress...Ch. 14.5 - Prob. 2LCACh. 14.6 - A local gym charges a 25 monthly membership fee...Ch. 14.6 - Prob. 2LCCh. 14.6 - Prob. 3LCCh. 14.6 - If the slope constant (b) in a linear equation is...Ch. 14.6 - Prob. 1LCACh. 14.6 - Prob. 1LCBCh. 14.6 - Prob. 2LCBCh. 14.6 - Prob. 3LCBCh. 14.6 - Prob. 1LCCCh. 14 - a. What information is provided by the sign (+ or...Ch. 14 - Calculate SP (the sum of products of deviations)...Ch. 14 - Calculate SP (the sum of products of deviations)...Ch. 14 - For the following scores, X Y 1 3 3 5 2 1 2 3 a....Ch. 14 - For the following scores, X Y 1 7 4 2 1 3 1 6 2 0...Ch. 14 - Prob. 6PCh. 14 - With a small sample, a single point can have a...Ch. 14 - For the following set of scores, X Y 6 4 3 1 5 0 6...Ch. 14 - Judge and Cable (2010) report the results of a...Ch. 14 - The researchers cited in the previous problem also...Ch. 14 - Identifying individuals with a high risk of...Ch. 14 - As we have noted in previous chapters, even a very...Ch. 14 - A researcher measures three variables, X, Y, and...Ch. 14 - Prob. 17PCh. 14 - The regression equation is intended to be the best...Ch. 14 - A set of n = 20 pairs of scores (X and Y values)...Ch. 14 - A set of n = 25 pairs of scores (X and Y values)...Ch. 14 - For the following set of data, a. Find the linear...Ch. 14 - Does the regression equation from Problem 20...Ch. 14 - Prob. 23PCh. 14 - Although you might suspect that dissatisfied...Ch. 14 - Problem 9 examined the relationship between weight...Ch. 14 - There appears to be some evidence suggesting that...Ch. 14 - The regression equation is computed for a set of n...Ch. 14 - a. One set of 20 pairs of scores, X and Y values,...Ch. 14 - a. A researcher computes the regression equation...
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