Stats
5th Edition
ISBN: 9780135163825
Author: De Veaux, Richard D., Velleman, Paul F., BOCK, David E.
Publisher: Pearson,
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Chapter 16, Problem 34E
a.
To determine
Obtain the margin of error.
b.
To determine
Explain what the margin of error means.
c.
To determine
Check whether the margin of error is larger or smaller for 90% confidence.
d.
To determine
Find the margin of error.
e.
To determine
Explain whether the small samples produces smaller or larger margin of error when all the aspects remain same.
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The details of the clock sales at a supermarket for the past 6 weeks are shown in the table below. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. The simple moving average value of k is set at 2. If the smoothing constant is assumed to be 0.7, and setting
F1 and F2=A1,
what is the exponential smoothing sales forecast for week 7? Round to the nearest whole number.
Week
Units sold
1
88
2
44
3
54
4
65
5
72
6
85
Question content area bottom
Part 1
A.
80 clocks
B.
60 clocks
C.
70 clocks
D.
50 clocks
The details of the clock sales at a supermarket for the past 6 weeks are shown in the table below. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. The simple moving average value of k is set at 2. Calculate the value of the simple moving average mean absolute percentage error. Round to two decimal places.
Week
Units sold
1
88
2
44
3
54
4
65
5
72
6
85
Part 1
A.
14.39
B.
25.56
C.
23.45
D.
20.90
The accompanying data shows the fossil fuels production, fossil fuels consumption, and total energy consumption in quadrillions of BTUs of a certain region for the years 1986 to 2015. Complete parts a and b.
Year Fossil Fuels Production Fossil Fuels Consumption Total Energy Consumption1949 28.748 29.002 31.9821950 32.563 31.632 34.6161951 35.792 34.008 36.9741952 34.977 33.800 36.7481953 35.349 34.826 37.6641954 33.764 33.877 36.6391955 37.364 37.410 40.2081956 39.771 38.888 41.7541957 40.133 38.926 41.7871958 37.216 38.717 41.6451959 39.045 40.550 43.4661960 39.869 42.137 45.0861961 40.307 42.758 45.7381962 41.732 44.681 47.8261963 44.037 46.509 49.6441964 45.789 48.543 51.8151965 47.235 50.577 54.0151966 50.035 53.514 57.0141967 52.597 55.127 58.9051968 54.306 58.502 62.4151969 56.286…
Chapter 16 Solutions
Stats
Ch. 16.2 - 1. You want to poll a random sample of 100...Ch. 16.2 - Prob. 2JCCh. 16.2 - Prob. 3JCCh. 16.3 - Prob. 4JCCh. 16.3 - Prob. 5JCCh. 16.3 - Prob. 6JCCh. 16.3 - Prob. 7JCCh. 16.3 - Prob. 8JCCh. 16.5 - Prob. 9JCCh. 16.5 - Prob. 10JC
Ch. 16.5 - Think some more about the 95% confidence interval...Ch. 16 - Prob. 1ECh. 16 - 2. Marketing The proportion of adult women in the...Ch. 16 - Prob. 3ECh. 16 - Prob. 4ECh. 16 - 5. Living online Pew Research, in 2015, polled a...Ch. 16 - 6. How’s life? Gallup regularly conducts a poll...Ch. 16 - 7. Marriage According to a Pew Research survey,...Ch. 16 - 8. Campus sample For her final project, Stacy...Ch. 16 - Prob. 9ECh. 16 - Prob. 10ECh. 16 - Prob. 11ECh. 16 - 12. Soup A machine is supposed to fill cans with...Ch. 16 - Prob. 13ECh. 16 - 14. Spanking In a 2015 Pew Research study on...Ch. 16 - Prob. 15ECh. 16 - 16. Smoking The Gallup poll described in Exercise...Ch. 16 - Prob. 17ECh. 16 - Prob. 18ECh. 16 - Prob. 19ECh. 16 - 20. Hiring In preparing a report on the economy,...Ch. 16 - Prob. 21ECh. 16 - Prob. 22ECh. 16 - Prob. 23ECh. 16 - 24. More conditions Consider each situation...Ch. 16 - Prob. 25ECh. 16 - 26. More conclusions In January 2002, two students...Ch. 16 - Prob. 27ECh. 16 - 28. Confidence intervals, again Several factors...Ch. 16 - Prob. 29ECh. 16 - Prob. 30ECh. 16 - 31. Mislabeled seafood In 2013 the environmental...Ch. 16 - Prob. 32ECh. 16 - Prob. 33ECh. 16 - 34. Still living online The Pew Research poll...Ch. 16 - Prob. 35ECh. 16 - 36. Take the offer First USA, a major credit card...Ch. 16 - Prob. 37ECh. 16 - 38. Junk mail Direct mail advertisers send...Ch. 16 - Prob. 39ECh. 16 - 40. Local news The mayor of a small city has...Ch. 16 - Prob. 41ECh. 16 - 42. Gambling A city ballot includes a local...Ch. 16 - Prob. 43ECh. 16 - 44. Teachers A 2011 Gallup poll found that 76% of...Ch. 16 - Prob. 45ECh. 16 - Prob. 46ECh. 16 - Prob. 47ECh. 16 - 48. Back to campus II Suppose ACT, Inc. wants to...Ch. 16 - Prob. 49ECh. 16 - Prob. 50ECh. 16 - Prob. 51ECh. 16 - Prob. 52ECh. 16 - Prob. 53ECh. 16 - Prob. 54E
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