Intro Stats
Intro Stats
4th Edition
ISBN: 9780321826275
Author: Richard D. De Veaux
Publisher: PEARSON
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Chapter 18, Problem 36E

Computer lab fees The technology committee has stated that the average time spent by students per lab visit has increased, and the increase supports the need for increased lab fees. To substantiate this claim, the committee randomly samples 12 student lab visits and notes the amount of time spent using the computer. The times in minutes are as follows:

Time
52 74
57 53
54 136
76 73
62 8
52 62
  1. a) Plot the data. Are any of the observations outliers? Explain.
  2. b) The previous mean amount of time spent using the lab computer was 55 minutes. Find a 95% confidence interval for the true mean. What do you conclude about the claim? If there are outliers, find intervals with and without the outliers present.
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Hi, I need to make sure I have drafted a thorough analysis, so please answer the following questions. Based on the data in the attached image, develop a regression model to forecast the average sales of football magazines for each of the seven home games in the upcoming season (Year 10). That is, you should construct a single regression model and use it to estimate the average demand for the seven home games in Year 10. In addition to the variables provided, you may create new variables based on these variables or based on observations of your analysis. Be sure to provide a thorough analysis of your final model (residual diagnostics) and provide assessments of its accuracy. What insights are available based on your regression model?
I want to make sure that I included all possible variables and observations. There is a considerable amount of data in the images below, but not all of it may be useful for your purposes. Are there variables contained in the file that you would exclude from a forecast model to determine football magazine sales in Year 10? If so, why? Are there particular observations of football magazine sales from previous years that you would exclude from your forecasting model? If so, why?
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