EBK BUSINESS STATISTICS
7th Edition
ISBN: 8220102743984
Author: STEPHAN
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 2, Problem 2.59AC
(a)
To determine
To construct:a table that tallies market cap, risk, and rating.
(b)
To determine
To explain:the conclusions about the differences among the funds based on market, risk and the rating
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
In 2011 home prices and mortgage rates dropped so low that in a number of cities the monthly cost of owning a home was less expensive than renting. The following data show the average asking rent for 10 markets and the monthly mortgage on the median priced home (including taxes and insurance) for 10 cities where the average monthly mortgage payment was less than the average asking rent (The Wall Street Journal, November 26–27, 2011).Click on the datafile logo to reference the data.
Enter negative values as negative numbers.
a. Develop the estimated regression equation that can be used to predict the monthly mortgage given the average asking rent (to 2 decimals).The regression equation is:Mortgage ($) = + Rent ($)
The following table shows a data set containing information for 25 of the shadow stocks tracked by the American Association of Individual Investors (aaii.com, February 2002). Shadow stocks are common stocks of smaller companies that are not closely followed by Wall Street analysts. Click on the datafile logo to reference the data. For the Exchange variable, show the "frequency and the percent frequency" for AMEX, NYSE, and OTC.
Frequency & Percent Frequency for each: AMEX (? ) (? ), NYSE (? ) (? ), OTC ( ? ) ( ? ) Total (? ) (? )
Suppose the Dow Jones Industrial Average went up 149.82 points. The following table shows the stock price changes for a sample of 12 companies on that day.
PRICE CHANGE
PRICE CHANGE
COMPANY
$
COMPANY
$
AFLAC
0.81
JOHN&JOHN
1.46
BANK AMERICA
0.05
LOEWS CP
0.92
CABELVISION
0.41
NOKIA
0.21
DIAGEO
1.32
SMPRAENGY
0.97
FLOUR CP
2.37
SUNOCO
0.52
GOODRICH
0.4
TYSON FOOD
0.22
Provide 95% confidence interval estimates of the populatioin vairance and the population standard deviation.
Chapter 2 Solutions
EBK BUSINESS STATISTICS
Ch. 2 - Prob. 2.1LBCh. 2 - The following data represent the responses to two...Ch. 2 - Prob. 2.3ACCh. 2 - Prob. 2.4ACCh. 2 - Prob. 2.5ACCh. 2 - Prob. 2.6ACCh. 2 - Prob. 2.7ACCh. 2 - A survey of 1,085 adults asked Do you enjoy...Ch. 2 - Prob. 2.9ACCh. 2 - Prob. 2.10AC
Ch. 2 - Prob. 2.11LBCh. 2 - Prob. 2.12LBCh. 2 - Prob. 2.13LBCh. 2 - Prob. 2.14LBCh. 2 - The file NBACost2013 contains the total cost ($)...Ch. 2 - The file UTILITY contains the following data about...Ch. 2 - Prob. 2.17ACCh. 2 - One operation of a mill to cut pieces of steel...Ch. 2 - A manufacturing company produces steel housings...Ch. 2 - Prob. 2.21ACCh. 2 - Prob. 2.22ACCh. 2 - Prob. 2.23ACCh. 2 - An online survey of CFA Institute members was...Ch. 2 - Prob. 2.25ACCh. 2 - Prob. 2.26ACCh. 2 - Prob. 2.27ACCh. 2 - The following table indicates the percentage of...Ch. 2 - Prob. 2.29ACCh. 2 - Prob. 2.30ACCh. 2 - A study of Kickstarter projects showed that 54.2%...Ch. 2 - Prob. 2.32ACCh. 2 - Prob. 2.33LBCh. 2 - Prob. 2.34LBCh. 2 - Prob. 2.35ACCh. 2 - Prob. 2.37ACCh. 2 - The file UTILITY contains the following data about...Ch. 2 - Prob. 2.39ACCh. 2 - Prob. 2.40ACCh. 2 - Prob. 2.41ACCh. 2 - Prob. 2.42ACCh. 2 - Prob. 2.43ACCh. 2 - Prob. 2.45ACCh. 2 - Prob. 2.46ACCh. 2 - The data stored in DRINK represents the amount of...Ch. 2 - Prob. 2.48LBCh. 2 - Prob. 2.49LBCh. 2 - Prob. 2.50ACCh. 2 - Data were collected on the typical cost of dining...Ch. 2 - College football is big business, with coaches pay...Ch. 2 - Prob. 2.54ACCh. 2 - Prob. 2.56ACCh. 2 - Prob. 2.57ACCh. 2 - Prob. 2.58ACCh. 2 - Prob. 2.59ACCh. 2 - Prob. 2.60ACCh. 2 - Prob. 2.61ACCh. 2 - Prob. 2.66ACCh. 2 - Prob. 2.67ACCh. 2 - Prob. 2.68ACCh. 2 - Prob. 2.69ACCh. 2 - Prob. 2.71ACCh. 2 - (Student Project) The Data and Story Library...Ch. 2 - Prob. 2.73ACCh. 2 - Prob. 2.75ACCh. 2 - Figure 2.1 shows a bar chart and a pie chart for...Ch. 2 - Prob. 2.78ACCh. 2 - Prob. 2.79CYUCh. 2 - Prob. 2.80CYUCh. 2 - Prob. 2.81CYUCh. 2 - Compare and contrast the bar chart for categorical...Ch. 2 - Prob. 2.83CYUCh. 2 - Prob. 2.84CYUCh. 2 - What are the three different ways to break down...Ch. 2 - How can a multidimensional table differ from a...Ch. 2 - Prob. 2.87CYUCh. 2 - Prob. 2.88CRPCh. 2 - The owner of a restaurant that serves...Ch. 2 - Suppose that the owner of the restaurant in...Ch. 2 - Prob. 2.94CRPCh. 2 - One of the major measures of the quality of...Ch. 2 - Prob. 2.98CRPCh. 2 - The file CEO-Compensation includes the total...Ch. 2 - Prob. 2.100CRPCh. 2 - What was the average price of a room at two-star,...Ch. 2 - Prob. 2.102CRPCh. 2 - Prob. 2.103CRPCh. 2 - The following data (stored in Drink) represent...Ch. 2 - Prob. 2.106CRPCh. 2 - Prob. 2.109RWE
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
- Please help on d and earrow_forwardConsider the table. Sales on Toaster Ovens 2004 2005 2006 2007 2008 Super Deluxe $86,100 $140,500 $65,800 $56,100 $59,000 Deluxe 103,200 136,100 129,900 133,800 75,400 Standard 147,300 123,600 125,500 132,600 58,000 What percent of the total sales in 2004 were the deluxe model? (Round to the nearest tenth percent.)arrow_forward5, the first week, current pop music was played. During the second week, classical music was played. During the third week, no music was played. The results of spending patterns were as follows: At a single high-end restaurant in England over a 3-week period, there were 141 tables of diners. During Music Mean bill n Classical 24.130 44 2.243 Pop 21.912 49 2.627 None 21.697 48 3.332 Total 22.531 141 2.969 a) By considering the standard deviations, explain why it is appropriate to perform a one-way ANOVA test on this data. b) State the null and alternate hypothesis. c) Perform a one-way ANOVA test by hand. d) Perform a TK Multiple Comparisons Test to determine which means are different with 95% confidence and report your result.arrow_forward
- Accounting Today identified top accounting firms in 10 geographic regions across the United States. All 10 regions reported growth in a recent year. The Southeast and Gulf Coast regions reported growths of 12.49% and 9.78%, respectively. A characteristic description of the accounting firms in the Southeast and Gulf Coast regions included the number of partners in the firm. The file [Accounting Partners 2] contains the number of partners. Source: Data extracted from Accounting Today, "The 2019 Top Firms and Regional Leaders," available at bit.ly/2XdQVVW. Number of Partners Region Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Southeast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf Coast Gulf…arrow_forwardStocks may be categorized by sectors. The accompanying data represent the one-year rate of return (in percent) for a sample of consumer cyclical stocks and industrial stocks for a 12-month period. Note: Consumer cyclical stocks include restaurants and retailers. Industrial stocks include manufacturers and shipping companies. Complete parts (a) through (c) below. Click the icon to view the data. (b) Determine the mean and median rate of return for each sector. Which sector has the higher mean rate of return? Which sector has the higher median rate of return? Xconsumer cyclical Mconsumer cyclical = IDound tn three docimal placos as nondedarrow_forwardThe most obese countries in the world have obesity rates that range from 11.4% to 74.6%. This data is summarized in the following table. Percent of Population Obese 11.4-20.45 20.45-29.45 29.45-38.45 38.45-47.45 47.45-56.45 56.45-65.45 65.45-74.45 74.45-83.45 Number of Countries 27 11 5 1 4 2 0 1 (a) What is the best estimate of the average obesity percentage for these countries? (Round your answer to two decimal places.) 26.51 X (b) The United States has an average obesity rate of 33.9%. Is this rate above average or below? (Round your answers to two decimal places.) Since the average for the United Sates is 33.9%, compared to the average obesity rate of X %, the United States has an obesity rate average. X% higher thanarrow_forward
- Need now pleasearrow_forwardWhich of the tables is the appropriate table of conditional percentages to discover if the region where one lives affects whether or not one has health insurance? A. O Table A B. O Table B C. O Table C table A table B table C Region Northeast Midwest South west Region Northeast Midwest South West Total Region Northeast Midwest South West Total Uninsured Insured 12.6% 87.4% 12.0% 88.0% 18.2% 81.8% 17.4% 82.6% Uninsured Insured 16.2% 19.6% 29.5% 19.1% 84.4% 2.3% 2.7% 6.6% 4.0% 15.6% Uninsured Insured 15.0% 19.2% 17.1% 23.3% 42.1% 35.0% 25.8% 22.6% 100% 100% Total 100% 100% 100% 100% Total 18.5% 22.3% 36.1% 23.1% 100%arrow_forwardBackground: Morris Saldov conducted a study in Eastern and Central Newfoundland in 1988 to examine public attitudes towards social spending. In particular, the study tried to determine if knowing someone on public assistance (yes, no) affected one's views on social spending (too little, about right, too much). The data from the study is summarized in the table below. Too little About right Too much Total Source: Morris Saldov, Public Attitudes to Social Spending in Newfoundland," Canadian Review of Social Policy, 26, November 1990, pages 10-14. Directions: Conduct a chi-square test for independence to determine if the association between knowing someone on public assistance and views on social. spending is statistically significant. Yes No No 42 7 1. Choose the correct null and alternative hypotheses. O Ho: There is no association between knowing someone on public assistance and views on social spending. Ha There is an association between knowing someone on public assistance and views…arrow_forward
- Prisons 2006 A report from the U.S. Department ofJustice (www.ojp.usdoj.gov/bjs/) reported the percentchanges in federal prison populations in 21 northeasternand midwestern states during 2006. Using appropriategraphical displays and summary statistics, write a reporton the changes in prison populations.arrow_forwardThe most obese countries in the world have obesity rates that range from 11.4% to 74.6%. This data is summarized in the following table. Percent of Population Obese Number of Countries 11.4-20.45 29 20.45-29.45 14 29.45-38.45 38.45-47.45 47.45-56.45 2 56.45-65.45 65.45-74.45 1 74.45-83.45 1 (a) What is the best estimate of the average obesity percentage for these countries? (Round your answer to two decimal places.) 24.77 (b) The United States has an average obesity rate of 33.9%. Is this rate above average or below? (Round your answers to two decimal places.) Since the average for the United Sates is 33.9%, compared to the average obesity rate of 24.77 X %, the United States has an obesity rate 9.13 X % higher than average. (c) How does the United States compare to other countries? (Assume that the United States is included in the data. Assume the other countries in the range 29.45-38.45 have higher obesity than the United States.) O The United States has an obesity rate lower than…arrow_forwardGovernment agencies keep data about the income distribution of the population. The Wood family and Bryant family live in a county with 14,000 families. The Wood family's income is at the 76th percentile. The Bryant family's income is at the 62nd percentile. (a) Which of the following must be true about the Wood family's income? O The Wood family earns less than about 76% of families in their county. O The Wood family earns about 76% of the highest income in their county. O The Wood family earns more than about 76% of families in their county. O The Wood family earns about 24% of the highest income in their county. (b) Which of the following must be true about the Wood family's and the Bryant family's incomes? O The Bryant family earns more than the Wood family. O Both the Wood family and the Bryant family earn more than the median income. O The Wood family earns $14,000 more than the Bryant family. O The Wood family and the Bryant family both have incomes in the bottom half of incomes…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Big Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt
Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
Linear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Linear Algebra: A Modern Introduction
Algebra
ISBN:9781285463247
Author:David Poole
Publisher:Cengage Learning
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Statistics 4.1 Point Estimators; Author: Dr. Jack L. Jackson II;https://www.youtube.com/watch?v=2MrI0J8XCEE;License: Standard YouTube License, CC-BY
Statistics 101: Point Estimators; Author: Brandon Foltz;https://www.youtube.com/watch?v=4v41z3HwLaM;License: Standard YouTube License, CC-BY
Central limit theorem; Author: 365 Data Science;https://www.youtube.com/watch?v=b5xQmk9veZ4;License: Standard YouTube License, CC-BY
Point Estimate Definition & Example; Author: Prof. Essa;https://www.youtube.com/watch?v=OTVwtvQmSn0;License: Standard Youtube License
Point Estimation; Author: Vamsidhar Ambatipudi;https://www.youtube.com/watch?v=flqhlM2bZWc;License: Standard Youtube License