EP INTRODUCTION TO PROBABILITY+STAT.
EP INTRODUCTION TO PROBABILITY+STAT.
14th Edition
ISBN: 2810019974203
Author: Mendenhall
Publisher: CENGAGE L
bartleby

Concept explainers

bartleby

Videos

Question
Book Icon
Chapter 1.5, Problem 1.33E

a.

To determine

To find:The shape of the distribution.

a.

Expert Solution
Check Mark

Answer to Problem 1.33E

The shape of the distribution is symmetric.

Explanation of Solution

Given information: The data is shown below.

    Washington67Arthur56
    J. Adams90Cleveland71
    Jefferson83B.Harrison67
    Madison85McKinley58
    Monroe73T.Roosevelt60
    J.0.Adams80Taft72
    Jackson78Wilson67
    Van Buren79Harding57
    W.H.Harrison68Coolidge60
    Tyler71Hoover90
    Polk53F.D.Roosevelt63
    Taylor65Truman88
    Fillmore74Eisenhower78
    Pierce64Kennedy46
    Buchanan77L. Johnson64
    Lincoln56Nixon81
    A. Johnson66Ford93
    Grant63Carter93
    Hayes70Reagan93
    Garfield49  

Calculation:

The distribution is consisting of the ages at death per the presidents and the data is looking like symmetric.

Thus, the shape of the distribution is symmetric.

b.

To determine

To find: The stem and leaf plot for the data.

The stem and leaf plot for the data is shown in Figure-1.

b.

Expert Solution
Check Mark

Answer to Problem 1.33E

The stem and leaf plot for the data is shown in Figure-1.

Explanation of Solution

Given information: The data is shown below.

    Washington67Arthur56
    J. Adams90Cleveland71
    Jefferson83B.Harrison67
    Madison85McKinley58
    Monroe73T.Roosevelt60
    J.0.Adams80Taft72
    Jackson78Wilson67
    Van Buren79Harding57
    W.H.Harrison68Coolidge60
    Tyler71Hoover90
    Polk53F.D.Roosevelt63
    Taylor65Truman88
    Fillmore74Eisenhower78
    Pierce64Kennedy46
    Buchanan77L. Johnson64
    Lincoln56Nixon81
    A. Johnson66Ford93
    Grant63Carter93
    Hayes70Reagan93
    Garfield49  

Calculation:

The stem and leaf plot is shown below.

  EP INTRODUCTION TO PROBABILITY+STAT., Chapter 1.5, Problem 1.33E

Figure-1

Thus, the stem and leaf plot for the data is shown in Figure-1.

c.

To determine

To explain:The five youngest presidents at time of death appear in lower tail.

c.

Expert Solution
Check Mark

Explanation of Solution

Given information: The data is shown below.

    Washington67Arthur56
    J. Adams90Cleveland71
    Jefferson83B.Harrison67
    Madison85McKinley58
    Monroe73T.Roosevelt60
    J.0.Adams80Taft72
    Jackson78Wilson67
    Van Buren79Harding57
    W.H.Harrison68Coolidge60
    Tyler71Hoover90
    Polk53F.D.Roosevelt63
    Taylor65Truman88
    Fillmore74Eisenhower78
    Pierce64Kennedy46
    Buchanan77L. Johnson64
    Lincoln56Nixon81
    A. Johnson66Ford93
    Grant63Carter93
    Hayes70Reagan93
    Garfield49  

From Figure-1 it is clear that The five youngest presidents at time of death appear in lower tail are Kennedy at age of 46, Garfield at age of 49, Polk at age of 53, Arthur at age of 56 and Lincoln at age of 56.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
Consider the ceocomp dataset of compensation information for the CEO’s of 100 U.S. companies. We wish to fit aregression model to assess the relationship between CEO compensation in thousands of dollars (includes salary andbonus, but not stock gains) and the following variates:AGE: The CEOs age, in yearsEDUCATN: The CEO’s education level (1 = no college degree; 2 = college/undergrad. degree; 3 = grad. degree)BACKGRD: Background type(1= banking/financial; 2 = sales/marketing; 3 = technical; 4 = legal; 5 = other)TENURE: Number of years employed by the firmEXPER: Number of years as the firm CEOSALES: Sales revenues, in millions of dollarsVAL: Market value of the CEO's stock, in natural logarithm unitsPCNTOWN: Percentage of firm's market value owned by the CEOPROF: Profits of the firm, before taxes, in millions of dollars1) Create a scatterplot matrix for this dataset. Briefly comment on the observed relationships between compensationand the other variates.Note that companies with negative…
6 (Model Selection, Estimation and Prediction of GARCH) Consider the daily returns rt of General Electric Company stock (ticker: "GE") from "2021-01-01" to "2024-03-31", comprising a total of 813 daily returns. Using the "fGarch" package of R, outputs of fitting three GARCH models to the returns are given at the end of this question. Model 1 ARCH (1) with standard normal innovations; Model 2 Model 3 GARCH (1, 1) with Student-t innovations; GARCH (2, 2) with Student-t innovations; Based on the outputs, answer the following questions. (a) What can be inferred from the Standardized Residual Tests conducted on Model 1? (b) Which model do you recommend for prediction between Model 2 and Model 3? Why? (c) Write down the fitted model for the model that you recommended in Part (b). (d) Using the model recommended in Part (b), predict the conditional volatility in the next trading day, specifically trading day 814.
4 (MLE of ARCH) Suppose rt follows ARCH(2) with E(rt) = 0, rt = ut, ut = στει, σε where {+} is a sequence of independent and identically distributed (iid) standard normal random variables. With observations r₁,...,, write down the log-likelihood function for the model esti- mation.

Chapter 1 Solutions

EP INTRODUCTION TO PROBABILITY+STAT.

Ch. 1.3 - Jeans A manufacturer of jeans has plants in...Ch. 1.3 - Prob. 1.12ECh. 1.3 - Want to Be President? Would you want to be the...Ch. 1.3 - Facebook Fanatics The social networking site...Ch. 1.3 - Back to Work How long does it take you to adjust...Ch. 1.5 - Construct a stem and leaf plot for these 50...Ch. 1.5 - Refer to Exercise 1.16. Construct a relative...Ch. 1.5 - Prob. 1.18ECh. 1.5 - A discrete variable can take on oniy the values 0....Ch. 1.5 - Prob. 1.20ECh. 1.5 - Prob. 1.21ECh. 1.5 - Prob. 1.22ECh. 1.5 - Cheeseburgers Create a dotplot for the number of...Ch. 1.5 - Prob. 1.24ECh. 1.5 - Prob. 1.25ECh. 1.5 - Prob. 1.26ECh. 1.5 - Education Pays Off! Education pays off, according...Ch. 1.5 - Preschool The ages (in months) at which 50...Ch. 1.5 - Prob. 1.29ECh. 1.5 - Prob. 1.30ECh. 1.5 - Prob. 1.31ECh. 1.5 - Prob. 1.32ECh. 1.5 - Prob. 1.33ECh. 1.5 - RBC Counts The red blood cell count of a healthy...Ch. 1.5 - Prob. 1.35ECh. 1.5 - Prob. 1.36ECh. 1.5 - Hazardous Waste How safe is your neighborhood? Are...Ch. 1 - Quantitative or Qualitative? Identify each...Ch. 1 - Symmetric or Skewed? Do you expect the...Ch. 1 - Continuous or Discrete? Identify each variable as...Ch. 1 - Prob. 1.41SECh. 1 - Continuous or Discrete, again Identify each...Ch. 1 - Aqua Running Aqua running has been suggested as a...Ch. 1 - Prob. 1.44SECh. 1 - Ages of Pennies We collected 50 pennies and...Ch. 1 - Prob. 1.46SECh. 1 - Presidential Vetoes Here is a list of the 44...Ch. 1 - Prob. 1.48SECh. 1 - Prob. 1.49SECh. 1 - Prob. 1.50SECh. 1 - Prob. 1.51SECh. 1 - Prob. 1.52SECh. 1 - Prob. 1.53SECh. 1 - Student Heights The self-reported heights of 105...Ch. 1 - Prob. 1.55SECh. 1 - Pulse Rates A group of 50 biomedical students...Ch. 1 - Prob. 1.57SECh. 1 - Prob. 1.58SECh. 1 - Prob. 1.59SECh. 1 - Prob. 1.60SECh. 1 - Prob. 1.61SECh. 1 - Old Faithful The data below are the wailing times...Ch. 1 - Prob. 1.63SECh. 1 - Prob. 1.64SECh. 1 - Prob. 1.65SECh. 1 - The number of Starhucks coffee shops in cities...Ch. 1 - What’s Normal? The 98.6 degree standard for human...
Knowledge Booster
Background pattern image
Statistics
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Text book image
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Text book image
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
The Shape of Data: Distributions: Crash Course Statistics #7; Author: CrashCourse;https://www.youtube.com/watch?v=bPFNxD3Yg6U;License: Standard YouTube License, CC-BY
Shape, Center, and Spread - Module 20.2 (Part 1); Author: Mrmathblog;https://www.youtube.com/watch?v=COaid7O_Gag;License: Standard YouTube License, CC-BY
Shape, Center and Spread; Author: Emily Murdock;https://www.youtube.com/watch?v=_YyW0DSCzpM;License: Standard Youtube License