Gen Combo Ll Applied Statistics In Business & Economics; Connect Access Card
Gen Combo Ll Applied Statistics In Business & Economics; Connect Access Card
6th Edition
ISBN: 9781260260632
Author: David Doane, Lori Seward Senior Instructor of Operations Management
Publisher: McGraw-Hill Education
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Chapter 16, Problem 28CE

Instructions: In all exercises, you may use a computer package (e.g., MegaStat, Minitab) or show Excel calculations in a worksheet, depending on your instructor’s wishes. Include relevant output or screen shots to support your answers. If you do the calculations yourself, show your work. State the hypotheses and give the test statistic and its two-tailed p-value. Make the decision. If the decision is close, say so. Are there issues of sample size? Is non-normality a concern?

The waiting time (in minutes) for emergency room patients with non-life-threatening injuries was measured at four hospitals for all patients who arrived between 6:00 and 6:30 p.m. on a certain Wednesday. The results are shown below. Research question: At α = .05, are the median waiting times the same for emergency patients in these four hospitals?

Chapter 16, Problem 28CE, Instructions: In all exercises, you may use a computer package (e.g., MegaStat, Minitab) or show

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Selon une économiste d’une société financière, les dépenses moyennes pour « meubles et appareils de maison » ont été moins importantes pour les ménages de la région de Montréal, que celles de la région de Québec. Un échantillon aléatoire de 14 ménages pour la région de Montréal et de 16 ménages pour la région Québec est tiré et donne les données suivantes, en ce qui a trait aux dépenses pour ce secteur d’activité économique. On suppose que les données de chaque population sont distribuées selon une loi normale. Nous sommes intéressé à connaitre si les variances des populations sont égales.a)    Faites le test d’hypothèse sur deux variances approprié au seuil de signification de 1 %. Inclure les informations suivantes : i.    Hypothèse / Identification des populationsii.    Valeur(s) critique(s) de Fiii.    Règle de décisioniv.    Valeur du rapport Fv.    Décision et conclusion b)    A partir des résultats obtenus en a), est-ce que l’hypothèse d’égalité des variances pour cette…
According to an economist from a financial company, the average expenditures on "furniture and household appliances" have been lower for households in the Montreal area than those in the Quebec region. A random sample of 14 households from the Montreal region and 16 households from the Quebec region was taken, providing the following data regarding expenditures in this economic sector. It is assumed that the data from each population are distributed normally. We are interested in knowing if the variances of the populations are equal. a) Perform the appropriate hypothesis test on two variances at a significance level of 1%. Include the following information: i. Hypothesis / Identification of populations ii. Critical F-value(s) iii. Decision rule iv. F-ratio value v. Decision and conclusion b) Based on the results obtained in a), is the hypothesis of equal variances for this socio-economic characteristic measured in these two populations upheld? c) Based on the results obtained in a),…
A major company in the Montreal area, offering a range of engineering services from project preparation to construction execution, and industrial project management, wants to ensure that the individuals who are responsible for project cost estimation and bid preparation demonstrate a certain uniformity in their estimates. The head of civil engineering and municipal services decided to structure an experimental plan to detect if there could be significant differences in project evaluation. Seven projects were selected, each of which had to be evaluated by each of the two estimators, with the order of the projects submitted being random. The obtained estimates are presented in the table below.   a) Complete the table above by calculating: i. The differences (A-B) ii. The sum of the differences iii. The mean of the differences iv. The standard deviation of the differences b) What is the value of the t-statistic? c) What is the critical t-value for this test at a significance level of 1%?…
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