Basic Business Statistics, Student Value Edition
14th Edition
ISBN: 9780134685113
Author: Mark L. Berenson, David M. Levine, David F. Stephan, Kathryn Szabat
Publisher: PEARSON
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Chapter 16, Problem 33PS
To determine
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14
A survey is conducted to determine whether
would prefer to work at home, if given the
20 office employees of a certain company
chance. The overall results are shown in the
first bar graph, and the results broken down
by gender are presented in the second.
a. Interpret the results of each graph.
b. Discuss the added value in including gen-
der in the second bar graph. (The second
bar graph in this problem is called a side
by side bar graph and is often used to
show results broken down by two or more
variables.)
c. Compare the side by side bar graph with
the two pie charts that you made for
Question 6. Which of the two methods is
best for comparing two groups, in your
opinion?
A
Would you prefer to work at home? (n=20)
60
50
40
Percent
20
30
20
30
10
0
No
Yes
Prefer to work at home? (10 males, 10 females)
80
Percent
60
00
40
40
20-
No
Yes
No
Yes
Female
Male
Frequency
12
Suppose that a random sample of 270 gradu-
ating seniors are asked what their immediate
priorities are, including whether buying a
house is a priority. The results are shown in
the following bar graph.
a. The bar graph is misleading; explain why.
b. Make a new bar graph that more fairly
presents the results.
Is Buying a House a Priority?
300
250
200
150
100
50
0
Yes
No
Undecided
Frequency
11
A polling organization wants to find out
what voters think of Issue X. It chooses a
random sample of voters and asks them
for their opinions of Issue X: yes, no, or
no opinion. I organize the results in the
following bar graph.
a. Make a frequency table of these results
(including the total number).
brocb. Evaluate the bar graph as to whether it
biz s b fairly represents the results.
of beau no
STORE TO OW! vd wob spind
550
540
500
vd
480
420
360
300
250
240
Yes
No
Undecided
Opinion on Issue X
Chapter 16 Solutions
Basic Business Statistics, Student Value Edition
Ch. 16 - If you are using exponential smoothing for...Ch. 16 - Consider a nine-year moving average used to smooth...Ch. 16 - You are using exponential smoothing on an annual...Ch. 16 - Prob. 4PSCh. 16 - Prob. 5PSCh. 16 - How have stocks performed in the past? The...Ch. 16 - Prob. 7PSCh. 16 - Prob. 8PSCh. 16 - Prob. 9PSCh. 16 - Prob. 10PS
Ch. 16 - The linear trend forecasting equation for an...Ch. 16 - There has been much publicity about bounces paid...Ch. 16 - Prob. 13PSCh. 16 - Prob. 14PSCh. 16 - Prob. 15PSCh. 16 - The data shown in the following table and stored...Ch. 16 - Prob. 17PSCh. 16 - Prob. 18PSCh. 16 - Prob. 19PSCh. 16 - Prob. 20PSCh. 16 - Prob. 21PSCh. 16 - Prob. 22PSCh. 16 - You are given an annual time series with 40...Ch. 16 - Prob. 24PSCh. 16 - Prob. 25PSCh. 16 - Prob. 26PSCh. 16 - Prob. 27PSCh. 16 - Prob. 28PSCh. 16 - Prob. 29PSCh. 16 - Using the average baseball salary from 200 through...Ch. 16 - Using the yearly amount of solar power generated...Ch. 16 - The following residuals are from a linear trend...Ch. 16 - Prob. 33PSCh. 16 - Prob. 34PSCh. 16 - Prob. 35PSCh. 16 - Prob. 36PSCh. 16 - Prob. 37PSCh. 16 - Prob. 38PSCh. 16 - Prob. 39PSCh. 16 - Prob. 40PSCh. 16 - In forecasting daily time-series data, how many...Ch. 16 - In forecasting a quarterly time series over the...Ch. 16 - Prob. 43PSCh. 16 - Prob. 44PSCh. 16 - Are gasoline prices higher during the height of...Ch. 16 - Prob. 46PSCh. 16 - Prob. 47PSCh. 16 - The file Silver-Q contains the price in London for...Ch. 16 - Prob. 49PSCh. 16 - What is a time series?Ch. 16 - What are the different components of a time-series...Ch. 16 - What is the difference between moving average and...Ch. 16 - Prob. 53PSCh. 16 - How does the least-squares linear trend...Ch. 16 - How does autoregressive modelling differ from the...Ch. 16 - What are the different approaches to choosing an...Ch. 16 - What is the major difference between using SYX and...Ch. 16 - How does forecasting for monthly or quarterly data...Ch. 16 - Prob. 60PSCh. 16 - The monthly commercial and residential prices for...Ch. 16 - The data stored in McDonalds represent the gross...Ch. 16 - Teachers’ Retirement System of the City of New...Ch. 16 - Prob. 64PS
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