UNDERSTANDABLE STAT. >PRINT UPGRADE<
12th Edition
ISBN: 9780357724880
Author: BRASE
Publisher: CENGAGE L
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Chapter 2, Problem 7CRP
To determine
Construct the circle graph for the difficulty in the aspects of people filing a tax return.
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ons
12. A sociologist hypothesizes that the crime rate is higher in areas
with higher poverty rate and lower median income. She col-
lects data on the crime rate (crimes per 100,000 residents),
the poverty rate (in %), and the median income (in $1,000s)
from 41 New England cities. A portion of the regression results
is shown in the following table.
Standard
Coefficients
error
t stat
p-value
Intercept
-301.62
549.71
-0.55 0.5864
Poverty
53.16
14.22
3.74 0.0006
Income
4.95
8.26
0.60 0.5526
a.
b.
Are the signs as expected on the slope coefficients?
Predict the crime rate in an area with a poverty rate of
20% and a median income of $50,000.
3. Using data from 50 work
2. The owner of several used-car dealerships believes that the
selling price of a used car can best be predicted using the car's
age. He uses data on the recent selling price (in $) and age of
20 used sedans to estimate Price = Po + B₁Age + ε. A portion
of the regression results is shown in the accompanying table.
Standard
Coefficients
Intercept
21187.94
Error
733.42
t Stat p-value
28.89 1.56E-16
Age
-1208.25
128.95 -9.37
2.41E-08
a. What is the estimate for B₁? Interpret this value.
b. What is the sample regression equation?
C. Predict the selling price of a 5-year-old sedan.
ian income of $50,000.
erty rate of
13. Using data from 50 workers, a researcher estimates Wage =
Bo+B,Education + B₂Experience + B3Age+e, where Wage
is the hourly wage rate and Education, Experience, and Age
are the years of higher education, the years of experience, and
the age of the worker, respectively. A portion of the regression
results is shown in the following table. ni ogolloo bash
1
Standard
Coefficients error
t stat p-value
Intercept
7.87
4.09
1.93
0.0603
Education
1.44
0.34
4.24 0.0001
Experience
0.45
0.14
3.16
0.0028
Age
-0.01
0.08 -0.14 0.8920
a. Interpret the estimated coefficients for Education and
Experience.
b. Predict the hourly wage rate for a 30-year-old worker
with four years of higher education and three years of
experience.
Chapter 2 Solutions
UNDERSTANDABLE STAT. >PRINT UPGRADE<
Ch. 2.1 - Statistical Literacy What is the difference...Ch. 2.1 - Statistical Literacy A data set has values ranging...Ch. 2.1 - Statistical Literacy A data set has values ranging...Ch. 2.1 - Prob. 4PCh. 2.1 - Basic Computation: Class Limits A data set with...Ch. 2.1 - Prob. 6PCh. 2.1 - Interpretation You are manager of a specialty...Ch. 2.1 - Prob. 8PCh. 2.1 - Critical Thinking Look at the histogram in Figure...Ch. 2.1 - Critical Thinking The following data represent...
Ch. 2.1 - Interpretation Histograms of random sample data...Ch. 2.1 - Prob. 12PCh. 2.1 - Interpretation The ogives shown are based on U.S....Ch. 2.1 - Prob. 14PCh. 2.1 - For Problems 15-20, use the specified number of...Ch. 2.1 - For Problems 15-20, use the specified number of...Ch. 2.1 - For Problems 15-20, use the specified number of...Ch. 2.1 - Prob. 18PCh. 2.1 - For Problems 15-20, use the specified number of...Ch. 2.1 - Prob. 20PCh. 2.1 - Expand Your Knowledge: Decimal Data The following...Ch. 2.1 - Decimal Data: Batting Averages The following data...Ch. 2.1 - Expand Your Knowledge: Dotplot Another display...Ch. 2.1 - Prob. 24PCh. 2.1 - Dotplot: Tumor Recurrence Make a dotplot for the...Ch. 2.2 - Interpretation Consider graph (a) of Reasons...Ch. 2.2 - Reasons People Like Texting on Cell Phones (b)...Ch. 2.2 - Critical Thinking A personnel office is gathering...Ch. 2.2 - Prob. 4PCh. 2.2 - Education: Does College Pay Off? It is costly in...Ch. 2.2 - Prob. 6PCh. 2.2 - Commercial Fishing: Gulf of Alaska Its not an easy...Ch. 2.2 - Prob. 8PCh. 2.2 - Lifestyle: Hide the Mess! A survey of 1000 adults...Ch. 2.2 - Prob. 10PCh. 2.2 - FBI Report: Hawaii In the Aloha state, you are...Ch. 2.2 - Prob. 12PCh. 2.2 - Prob. 13PCh. 2.2 - Prob. 14PCh. 2.2 - Prob. 15PCh. 2.2 - Prob. 16PCh. 2.3 - Cowboys: Longevity How long did real cowboys live?...Ch. 2.3 - Ecology: Habitat Wetlands offer a diversity of...Ch. 2.3 - Health Care: Hospitals The American Medical...Ch. 2.3 - Health Care: Hospitals Using the number of...Ch. 2.3 - Expand Your Knowledge: Split Stem The Boston...Ch. 2.3 - Prob. 6PCh. 2.3 - Prob. 7PCh. 2.3 - Prob. 8PCh. 2.3 - Prob. 9PCh. 2.3 - Prob. 10PCh. 2 - Prob. 1CRPCh. 2 - Critical Thinking A consumer interest group is...Ch. 2 - Prob. 3CRPCh. 2 - Prob. 4CRPCh. 2 - Prob. 5CRPCh. 2 - Prob. 6CRPCh. 2 - Prob. 7CRPCh. 2 - Prob. 8CRPCh. 2 - Prob. 9CRPCh. 2 - Prob. 10CRPCh. 2 - Prob. 11CRPCh. 2 - Prob. 12CRPCh. 2 - Prob. 1DHCh. 2 - Prob. 2DHCh. 2 - In your own words, explain the differences among...Ch. 2 - What do we mean when we say a histogram is skewed...Ch. 2 - Discuss the statement that stem-and-leaf displays...Ch. 2 - Prob. 1UTCh. 2 - Prob. 2UTCh. 2 - Prob. 3UT
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