Statistics for the Behavioral Sciences
Statistics for the Behavioral Sciences
2nd Edition
ISBN: 9781452286907
Author: Gregory J. Privitera
Publisher: SAGE Publications, Inc
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Chapter 15, Problem 13CAP

(a)

To determine

Identify whether ‘Higher education level is associated with a larger annual income.’ is an example of positive correlation or a negative correlation.

(b)

To determine

Identify whether ‘The smaller the class size, the more students believe they are receiving a quality education’ an example of a positive correlation or a negative correlation is.

(c)

To determine

Identify whether ‘Increased testosterone is associated with increased aggression’ is an example of positive correlation or a negative correlation.

(d)

To determine

Identify whether ‘Rising prices of apples are associated with the sale of fewer apples’ is an example of positive correlation or a negative correlation.

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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).
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Correlation Vs Regression: Difference Between them with definition & Comparison Chart; Author: Key Differences;https://www.youtube.com/watch?v=Ou2QGSJVd0U;License: Standard YouTube License, CC-BY
Correlation and Regression: Concepts with Illustrative examples; Author: LEARN & APPLY : Lean and Six Sigma;https://www.youtube.com/watch?v=xTpHD5WLuoA;License: Standard YouTube License, CC-BY