EP BASIC BUS.STATS-ACCESS (18 WEEKS)
EP BASIC BUS.STATS-ACCESS (18 WEEKS)
14th Edition
ISBN: 9780135989005
Author: BERENSON
Publisher: PEARSON CO
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Chapter 15, Problem 25PS

Accounting Today identified top public accounting firms in ten geographic regions across the U.S. The file AccountingPartners6 contains data for public accounting firms in the Southeast, Gulf Coast, and Capital Regions. The variables are: revenue ($millions), numbers of partners in the firm, number of professional in the firm, proportion of business dedicated to management advisory service ( MAS%), Whether the firm is located in Southeast Region ( 0 = no, 1 = yes ) , and whether the firm is located in the Gulf Coast Region ( 0 = no, 1 = yes ) .

Develop the most appropriate multiple regression model to predict firm revenue. Be Sure to perform a through residual analysis. In addition, provide a detailed explanation of the results.

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1- Let A = {A1, A2, ...), in which A, A, = 0, when i j. a) Is A a π-system? If not, which element(s) should be added to A to become a π-system? b) Prove that σ(A) consists of the finite or countable unions of elements of A; i.c., A E σ(A) if and only if there exists finite or countable sequence {n} such that A = U₁An (Hint: Let F be such class; prove that F is a σ-filed containing A.) c) Let p ≥ 0 be a sequence of non-negative real numbers with Σip₁ = 1. Using p₁'s, how do you construct a probability measure on σ(A)? (Hint: use extension theorem.) 2- Construct an example for which P(lim sup A,) = 1 and P(lim inf An) = 0.
In a town with 5000 adults, a sample of 50 is selected using SRSWOR and asked their opinion of a proposed municipal project; 30 are found to favor it and 20 oppose it. If, in fact, the adults of the town were equally divided on the proposal, what would be the probability of observing what has been observed? Approximate using the Binomial distribution. Compare this with the exact probability which is 0.0418.

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EP BASIC BUS.STATS-ACCESS (18 WEEKS)

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