Bundle: Statistics for Business & Economics, Loose-Leaf Version, 13th + MindTap Business Statistics with XLSTAT, 1 term (6 months) Printed Access Card
13th Edition
ISBN: 9781337148092
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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Textbook Question
Chapter 19.2, Problem 5E
Temperature is used to measure the output of a production process. When the process is in control, the
- a. Construct the
samples of size 6 are to be used. - b. Is the process in control for a sample providing the following data?
| 128.8 | 128.2 | 129.1 | 128.7 | 128.4 | 129.2 |
- c. Is the process in control for a sample providing the following data?
| 129.3 | 128.7 | 128.6 | 129.2 | 129.5 | 129.0 |
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3. Bayesian Inference – Updating Beliefs
A medical test for a rare disease has the following characteristics:
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The disease occurs in 0.5% of the population.
A patient receives a positive test result.
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a) Define the relevant events and use Bayes’ Theorem to compute the probability that the patient actually has the disease.b) Explain why the result might seem counterintuitive, despite the high sensitivity and specificity.c) Discuss how prior probabilities influence posterior beliefs in Bayesian inference.d) Suppose a second, independent test with the same accuracy is conducted and is also positive. Update the probability that the patient has the disease.
4. Linear Regression - Model Assumptions and Interpretation
A real estate analyst is studying how house prices (Y) are related to house size in square feet (X). A simple
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Ŷ50,000+150X
YBoB₁X + €
•
R² = 0.76
• Residuals show a fan-shaped pattern when plotted against fitted values.
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5. Probability Distributions – Continuous Random Variables
A factory machine produces metal rods whose lengths (in cm) follow a continuous uniform distribution on the interval [98, 102].
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Chapter 19 Solutions
Bundle: Statistics for Business & Economics, Loose-Leaf Version, 13th + MindTap Business Statistics with XLSTAT, 1 term (6 months) Printed Access Card
Ch. 19.2 - A process that is in control has a mean of = 12.5...Ch. 19.2 - Twenty-five samples, each of size 5, were selected...Ch. 19.2 - Twenty-five samples of 100 items each were...Ch. 19.2 - A process sampled 20 times with a sample of size 8...Ch. 19.2 - Temperature is used to measure the output of a...Ch. 19.2 - A quality control process monitors the weight per...Ch. 19.2 - The Goodman Tire and Rubber Company periodically...Ch. 19.2 - Over several weeks of normal, or in-control,...Ch. 19.2 - An airline operates a call center to handle...Ch. 19.3 - For an acceptance sampling plan with n = 25 and c...
Ch. 19.3 - Consider an acceptance sampling plan with n = 20...Ch. 19.3 - Repeat exercise 11 for the acceptance sampling...Ch. 19.3 - Refer to the KALI problem presented in this...Ch. 19.3 - To inspect incoming shipments of raw materials, a...Ch. 19 - Samples of size 5 provided the following 20 sample...Ch. 19 - Product filling weights are normally distributed...Ch. 19 - Twenty-five samples of size 5 resulted in x = 5.42...Ch. 19 - The following are quality control data for a...Ch. 19 - The following were collected for the Master Blend...Ch. 19 - An insurance company samples claim forms for...Ch. 19 - Managers of 1200 different retail outlets make...Ch. 19 - An n = 10, c = 2 acceptance sampling plan is being...Ch. 19 - Prob. 24SE
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