STATISTICAL TECHNIQUES FOR BUSINESS AND
17th Edition
ISBN: 9781307261158
Author: Lind
Publisher: MCG/CREATE
expand_more
expand_more
format_list_bulleted
Videos
Question
Chapter 2, Problem 18E
a.
To determine
Find the total number of orders that were studied.
b.
To determine
Find the midpoint of the first class.
c.
To determine
Find the coordinates of the frequency
d.
To determine
Construct a histogram to the given information.
e.
To determine
Construct a frequency polygon for the given data.
f.
To determine
Make a comment on the frequent flier miles accumulated from the two charts.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
a) When two variables are correlated, can the researcher be sure that one variable causes the other? If YES , why? If NO , why?
b) What is meant by the statement that two variables are related? Discuss.
SCIE 211 Lab 3: Graphing and DataWorksheetPre-lab Questions:1. When should you use each of the following types of graphs? Fill answers in the table below.Type of Graph Used to showLine graphScatter plotBar graphHistogramPie Chart2. Several ways in which we can be fooled or misled by a graph were identified in the Lab 3Introduction. Find two examples of misleading graphs on the Internet and paste them below. Besure to identify why each graph is misleading.
Data Charts:Circumference vs. Diameter for circular objectsDiameter Can 1 (cm) Can 2 (cm) Can 3 (cm)Trial 1Trial 2Trial 3MeanCircumference Can 1 (cm) Can 2 (cm) Can 3 (cm)Trial 1Trial 2Trial 3MeanScatter Plot Graph – Circumference Vs. DiameterIdentify 2 points of the Trendline.Y1 = ________ Y2 = _________X1 = ________ X2 = _________Calculate the Slope of the Trendline =
Post-lab Questions:1. Answer the questions below. You will need to use the following equation to answer…
The U.S. Bureau of Labor Statistics reports that 11.3% of U.S. workers belong to unions (BLS website, January 2014). Suppose a sample of 400 U.S. workers is collected in 2014 to determine whether union efforts to organize have increased union membership.
a. Formulate the hypotheses that can be used to determine whether union membership increased in 2014.H 0: p H a: p
b. If the sample results show that 52 of the workers belonged to unions, what is the p-value for your hypothesis test (to 4 decimals)?
Chapter 2 Solutions
STATISTICAL TECHNIQUES FOR BUSINESS AND
Ch. 2 - DeCenzo Specialty Food and Beverage Company has...Ch. 2 - A pie chart shows the relative market share of...Ch. 2 - In a marketing study, 100 consumers were asked to...Ch. 2 - A total of 1,000 residents in Minnesota were asked...Ch. 2 - Two thousand frequent business travelers are asked...Ch. 2 - Wellstone Inc. produces and markets replacement...Ch. 2 - A small business consultant is investigating the...Ch. 2 - In the first quarter of last year, the 11 members...Ch. 2 - Prob. 3SRCh. 2 - A set of data consists of 38 observations. How...
Ch. 2 - A set of data consists of 45 observations between...Ch. 2 - A set of data consists of 230 observations between...Ch. 2 - A set of data contains 53 observations. The...Ch. 2 - Wachesaw Manufacturing Inc. produced the following...Ch. 2 - The Quick Change Oil Company has a number of...Ch. 2 - The manager of the BiLo Supermarket in Mt....Ch. 2 - The food services division of Cedar River...Ch. 2 - The annual imports of a selected group of...Ch. 2 - Mollys Candle Shop has several retail stores in...Ch. 2 - The following chart shows the number of patients...Ch. 2 - The following frequency distribution reports the...Ch. 2 - Prob. 18ECh. 2 - A sample of the hourly wages of 15 employees at...Ch. 2 - The following cumulative frequency and the...Ch. 2 - The cumulative frequency and the cumulative...Ch. 2 - The frequency distribution representing the number...Ch. 2 - Prob. 22ECh. 2 - Describe the similarities and differences of...Ch. 2 - Describe the similarities and differences between...Ch. 2 - Alexandra Damonte will be building a new resort in...Ch. 2 - Prob. 26CECh. 2 - A data set consists of 83 observations. How many...Ch. 2 - A data set consists of 145 observations that range...Ch. 2 - The following is the number of minutes to commute...Ch. 2 - The following data give the weekly amounts spent...Ch. 2 - A social scientist is studying the use of iPods by...Ch. 2 - David Wise handles his own investment portfolio,...Ch. 2 - You are exploring the music in your iTunes...Ch. 2 - The monthly issues of the Journal of Finance are...Ch. 2 - The following histogram shows the scores on the...Ch. 2 - The following chart summarizes the selling price...Ch. 2 - A chain of sport shops catering to beginning...Ch. 2 - The numbers of outstanding shares for 24 publicly...Ch. 2 - A recent survey showed that the typical American...Ch. 2 - Midland National Bank selected a sample of 40...Ch. 2 - Residents of the state of South Carolina earned a...Ch. 2 - A recent study of home technologies reported the...Ch. 2 - Merrill Lynch recently completed a study regarding...Ch. 2 - A total of 5.9% of the prime-time viewing audience...Ch. 2 - Refer to the following chart: a. What is the name...Ch. 2 - The following chart depicts the annual revenues,...Ch. 2 - Prob. 47CECh. 2 - Prob. 48CECh. 2 - One of the most popular candies in the United...Ch. 2 - The number of families who used the Minneapolis...Ch. 2 - Refer to the North Valley Real Estate data that...Ch. 2 - Prob. 52DACh. 2 - Refer to the Lincolnville School District bus...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- A company manages an electronic equipment store and has ordered 200200 LCD TVs for a special sale. The list price for each TV is $200200 with a trade discount series of 6 divided by 10 divided by 2.6/10/2. Find the net price of the order by using the net decimal equivalent.arrow_forwardAccording to flightstats.com, American Airlines flights from Dallas to Chicago are on time 80% of the time. Suppose 10 flights are randomly selected, and the number of on-time flights is recorded. (a) Explain why this is a binomial experiment. (b) Determine the values of n and p. (c) Find and interpret the probability that exactly 6 flights are on time. (d) Find and interpret the probability that fewer than 6 flights are on time. (e) Find and interpret the probability that at least 6 flights are on time. (f) Find and interpret the probability that between 4 and 6 flights, inclusive, are on time.arrow_forwardShow how you get critical values of 1.65, -1.65, and $1.96 for a right-tailed, left- tailed, and two-tailed hypothesis test (use a = 0.05 and assume a large sample size).arrow_forward
- Suppose that a sports reporter claims the average football game lasts 3 hours, and you believe it's more than that. Your random sample of 35 games has an average time of 3.25 hours. Assume that the population standard deviation is 1 hour. Use a = 0.05. What do you conclude?arrow_forwardSuppose that a pizza place claims its average pizza delivery time is 30 minutes, but you believe it takes longer than that. Your sample of 10 pizzas has an average delivery time of 40 minutes. Assume that the population standard deviation is 15 minutes and the times have a normal distribution. Use a = 0.05. a. What are your null and alternative hypotheses? b. What is the critical value? c. What is the test statistic? d. What is the conclusion?arrow_forwardTable 5: Measurement Data for Question 9 Part Number Op-1, M-1 Op-1, M-2 | Op-2, M-1 Op-2, M-2 | Op-3, M-1 Op-3, M-2 1 21 20 20 20 19 21 2 24 23 24 24 23 24 3 4 5 6 7 8 9 10 11 21 12 8222332 201 21 20 22 20 22 27 27 28 26 27 28 19 18 19 21 24 21 22 19 17 18 24 23 25 25 23 26 20 20 18 19 17 13 23 25 25 2 3 3 3 3 2 3 18 18 21 21 23 22 24 22 20 19 23 24 25 24 20 21 19 18 25 25 14 24 24 23 25 24 15 29 30 30 28 31 16 26 26 25 26 25 17 20 20 19 20 20 843882388 20 18 25 20 19 25 25 30 27 20 18 19 21 19 19 21 23 19 25 26 25 24 25 25 20 19 19 18 17 19 17 Question 9 A measurement systems experiment involving 20 parts, three operators (Op-1, Op-2, Op-3), and two measure- ments (M-1, M-2) per part is shown in Table 5. (a) Estimate the repeatability and reproducibility of the gauge. (b) What is the estimate of total gauge variability?" (c) If the product specifications are at LSL = 6 and USL 60, what can you say about gauge capability?arrow_forward
- Question 5 A fraction nonconforming control chart with center line 0.10, UCL = 0.19, and LCL = 0.01 is used to control a process. (a) If three-sigma limits are used, find the sample size for the control charte 2 (b) Use the Poisson approximation to the binomial to find the probability of type I error. (c) Use the Poisson approximation to the binomial to find the probability of type II error if the process fraction defective is actually p = 0.20.arrow_forwardQuestion 8 Ten parts are measured three times by the same operator in a gauge capability study. The data are shown in Table 4. (a) Describe the measurement error that results from the use of this gauge. I (b) Estimate total variability and product variability. (c) What percentage of total variability is due to the gauge? (d) If specifications on the part are at 100±15, find the P/T ratio for this gauge. Comment on the adequacy of the gauge. 3 Table 4: Measurement Data for Question 8 Part Number Measurement 1 Measurement 2 Measurement 3 1 2 100 95 101 100 93 97 3 101 103 100 4 96 95 97 5 98 98 96 6 99 98 98 7889 95 97 98 100 99 98 100 100 97 10 100 98 98 99arrow_forwardQuestion 6 The data shown in Table 3 are and R values for 24 samples of size n = 5 taken from a process producing bearings. The measurements are made on the inside diameter of the bearing, with only the last three decimals recorded (i.e., 34.5 should be 0.50345). Perform a process capability analysis using and R charts for the data from Table 3. Table 3: Data for Question 6 Sample Number R | Sample Number I Ꭱ 1 34.5 3 13 35.4 8 2 34.2 4 14 34.0 6 ∞∞ 31.6 15 37.1 5 4 31.5 4 16 34.9 7 56789 35.0 5 17 33.5 4 34.1 6 18 31.7 3 32.6 4 19 34.0 8 33.8 3 20 35.1 4 34.8 7 10 33.6 8 11 31.9 3 12 38.6 9 2232 21 33.7 2 32.8 1 33.5 24 34.2 2 32 3arrow_forward
- Question 1 The commercial loan operation of a financial institution has a standard for processing new loan applications in 24 hours. Table 1 shows the number of applications processed each day for the last 20 days and the number of applications that required more than 24 hours to complete. Table 1: Loan Application Data for Question 1 Day Applications Late Day Applications Late 1 200 3 11 219 0 2 250 4 12 238 10 3 240 2 13 250 4 4 300 5 14 302 6 5 200 2 15 219 20 6 250 4 16 246 3 7 246 3 17 251 6 8 258 5 18 273 7 9 275 2 19 245 3 10 274 1 20 260 (a) Set up the fraction nonconforming control chart for this process. Use the variable-width control limit approach. Plot the preliminary data in Table 1 on the chart. Is the process in statistical control? (b) Assume that assignable causes can be found for any out-of-control points on this chart. What center line should be used for process monitoring in the next period, and how should the control limits be calculated?arrow_forwardhelp me with ab please. please handwrite if possible. please don't use AI tools to answerarrow_forwardhelp me with ab please. please handwrite if possible. please don't use AI tools to answerarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt
Trigonometry (MindTap Course List)TrigonometryISBN:9781305652224Author:Charles P. McKeague, Mark D. TurnerPublisher:Cengage Learning
Functions and Change: A Modeling Approach to Coll...AlgebraISBN:9781337111348Author:Bruce Crauder, Benny Evans, Alan NoellPublisher:Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Trigonometry (MindTap Course List)
Trigonometry
ISBN:9781305652224
Author:Charles P. McKeague, Mark D. Turner
Publisher:Cengage Learning
Functions and Change: A Modeling Approach to Coll...
Algebra
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Cengage Learning
How to make Frequency Distribution Table / Tally Marks and Frequency Distribution Table; Author: Reenu Math;https://www.youtube.com/watch?v=i_A6RiE8tLE;License: Standard YouTube License, CC-BY
Frequency distribution table in statistics; Author: Math and Science;https://www.youtube.com/watch?v=T7KYO76DoOE;License: Standard YouTube License, CC-BY
Frequency Distribution Table for Grouped/Continuous data | Math Dot Com; Author: Maths dotcom;https://www.youtube.com/watch?v=ErnccbXQOPY;License: Standard Youtube License