Basic Business Statistics, Student Value Edition (13th Edition)
13th Edition
ISBN: 9780321946393
Author: Mark L. Berenson, David M. Levine, Kathryn A. Szabat
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Videos
Question
Chapter 2, Problem 92PS
a.
To determine
Construct a frequency distribution and a percentage distribution for the weights of Boston shingles.
b.
To determine
Determine a frequency distribution and a percentage distribution for the weights of Boston shingles.
c.
To determine
Draw the percentage histograms of the Boston and Vermont shingles.
d.
To determine
Explain the distribution of the pallet weights for the Boston and Vermont shingles and identify the percentage of shingles that are underweight and overweight.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Most analysts focus on the cost of tuition as the way to measure the cost of a college education. But incidentals, such as textbook costs, are rarely considered. A researcher at Drummand University wishes to estimate the textbook costs of first-year students at Drummand. To do so, she monitored the textbook cost of 250 first-year students and found that their average textbook cost was $300 per semester. Identify the variable of interest to the researcher.
Select one:
a.
The age of Drummand University students.
b.
The textbook cost of first-year Drummand University students.
c.
The year in school of Drummand University students.
d.
The cost of incidental expenses of Drummand University students.
Cellulon, a manufacturer of home insulation, wants to develop guidelines for builders and consumers on how the thickness of the insulation in the attic of a home and the outdoor temperature affect natural gas consumption. In the laboratory, it varied the insulation thickness and temperature. A few of the findings are:
Monthly Natural Gas Consumption (cubic feet), Y
Thickness of Insulation (inches), X1
Outdoor Temperature (°F), X2
30.3
6
40
26.9
12
40
22.1
8
49
How much natural gas can homeowners expect to use per month if they install 6 inches of insulation and the outdoor temperature is 40 degrees F?
Group of answer choices
36.69 cubic feet
30.30 cubic feet
30.89 cubic feet
33.69 cubic feet
i want Solution Part 3, 4, and 5
Chapter 2 Solutions
Basic Business Statistics, Student Value Edition (13th Edition)
Ch. 2 - A categorical variable has three categories, with...Ch. 2 - The following data represent the responses to two...Ch. 2 - The following table, stored in smartphone sales,...Ch. 2 - The Edmunds.com NHTSA Complaints Activity Report...Ch. 2 - The 2013 Mortimer Spinks and Computer Weekly...Ch. 2 - The following table represents world oil...Ch. 2 - Visier’s Survey of Employers explores how North...Ch. 2 - A survey of 1,085 adults asked “Do you enjoy...Ch. 2 - Prob. 9PSCh. 2 - Do special recommendations increase ad...
Ch. 2 - Construct an ordered array, given the following...Ch. 2 - Construct an ordered array, given the following...Ch. 2 - Prob. 13PSCh. 2 - Prob. 14PSCh. 2 - Prob. 15PSCh. 2 - The file Utility contains the following data about...Ch. 2 - How much time do commuters living in or near...Ch. 2 - How do the average credit scores of people living...Ch. 2 - One operation of a mill is to cut pieces of steel...Ch. 2 - Prob. 20PSCh. 2 - Prob. 21PSCh. 2 - Prob. 22PSCh. 2 - The file Drink Contains the following data for the...Ch. 2 - Prob. 24PSCh. 2 - Prob. 25PSCh. 2 - Prob. 26PSCh. 2 - Prob. 27PSCh. 2 - Prob. 28PSCh. 2 - Prob. 29PSCh. 2 - Prob. 30PSCh. 2 - Prob. 31PSCh. 2 - Do special recommendations increase ad...Ch. 2 - Construct a stern-and-leaf display, given the...Ch. 2 - Construct an ordered array, given the following...Ch. 2 - The following is a stern-and0-leaf display...Ch. 2 - Prob. 36PSCh. 2 - The file MobileSpeed contains the overall download...Ch. 2 - The file Utility contains the following data about...Ch. 2 - Prob. 39PSCh. 2 - Prob. 40PSCh. 2 - How much time do Americans living in or near...Ch. 2 - How do the average credit scores of people living...Ch. 2 - One operation of a mill is to cut pieces of steel...Ch. 2 - Prob. 44PSCh. 2 - Prob. 45PSCh. 2 - Prob. 46PSCh. 2 - The data stored in Drink represents the amount of...Ch. 2 - The following is a set of data from a sample of...Ch. 2 - Prob. 49PSCh. 2 - Movie companies need to predict the gross receipts...Ch. 2 - Data were collected on the typical cost of dining...Ch. 2 - Prob. 52PSCh. 2 - Prob. 53PSCh. 2 - How have stocks performed in the past? The...Ch. 2 - Prob. 55PSCh. 2 - Prob. 56PSCh. 2 - The file Audits contains the number of audits of...Ch. 2 - Prob. 58PSCh. 2 - Prob. 59PSCh. 2 - Prob. 60PSCh. 2 - Using the sample of retirement funds stored in...Ch. 2 - Prob. 65PSCh. 2 - Prob. 66PSCh. 2 - Examine the following visualization, adapted from...Ch. 2 - Prob. 69PSCh. 2 - Prob. 70PSCh. 2 - How do histograms and polygons differ in...Ch. 2 - Why would you construct a summary table?Ch. 2 - What are the advantages and disadvantage of using...Ch. 2 - Compare and contrast the bar chart for categorical...Ch. 2 - What is the difference between a time-series plot...Ch. 2 - Why is it said that the main feature of a Pareto...Ch. 2 - What are the three different ways to break down...Ch. 2 - How can a multidimensional table differ from a...Ch. 2 - What type of insights can you gain from a...Ch. 2 - The following summary, table, presents the...Ch. 2 - The following table represents the market share...Ch. 2 - Prob. 82PSCh. 2 - The owner of a restaurant that services...Ch. 2 - Prob. 84PSCh. 2 - The following data represents the pounds per...Ch. 2 - Prob. 86PSCh. 2 - One of the major measures of the quality of...Ch. 2 - Prob. 88PSCh. 2 - Prob. 89PSCh. 2 - Prob. 90PSCh. 2 - Prob. 91PSCh. 2 - Prob. 92PSCh. 2 - What was the average price of a room at two-star,...Ch. 2 - The file Protein contains calorie and cholesterol...Ch. 2 - The file Natural Gas contains the U.S. monthly...Ch. 2 - Prob. 96PSCh. 2 - Prob. 97PSCh. 2 - A/B testing allows business to test a new design...
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
- Cholesterol Cholesterol in human blood is necessary, but too much can lead to health problems. There are three main types of cholesterol: HDL (high-density lipoproteins), LDL (low-density lipoproteins), and VLDL (very low-density lipoproteins). HDL is considered “good” cholesterol; LDL and VLDL are considered “bad” cholesterol. A standard fasting cholesterol blood test measures total cholesterol, HDL cholesterol, and triglycerides. These numbers are used to estimate LDL and VLDL, which are difficult to measure directly. Your doctor recommends that your combined LDL/VLDL cholesterol level be less than 130 milligrams per deciliter, your HDL cholesterol level be at least 60 milligrams per deciliter, and your total cholesterol level be no more than 200 milligrams per deciliter. (a) Write a system of linear inequalities for the recommended cholesterol levels. Let x represent the HDL cholesterol level, and let y represent the combined LDL VLDL cholesterol level. (b) Graph the system of inequalities from part (a). Label any vertices of the solution region. (c) Is the following set of cholesterol levels within the recommendations? Explain. LDL/VLDL: 120 milligrams per deciliter HDL: 90 milligrams per deciliter Total: 210 milligrams per deciliter (d) Give an example of cholesterol levels in which the LDL/VLDL cholesterol level is too high but the HDL cholesterol level is acceptable. (e) Another recommendation is that the ratio of total cholesterol to HDL cholesterol be less than 4 (that is, less than 4 to 1). Identify a point in the solution region from part (b) that meets this recommendation, and explain why it meets the recommendation.arrow_forwardCell Phone Plans Gwendolyn is mulling over the three cell phone plans shown in the table. Gigabytes GB of data included Monthly Cost Each additional megabytes MB Plan A Plan B Plan C 1 1 1 25.00 40.00 60.00 2.00 1.50 1.00 From past experience, Gwendolyn knows that she will always use more than 1GB of cell phone data every month. aMake table of values that shows the cost of each plan for 1 GB to 4 GB, in 500 MB increments. bFind formulas that give Gwendolyns monthly cost for each plan, assuming that she uses x gigabytes of data per month where x1. cWhat is the charge from each plan when Gwendolyn uses 2.2 GB? 3.7 GB? 4.9 GB? d Use your formulas from part b to determine the number of gigabytes of data usage for which: (i) Plan A and Plan B give the same cost. (ii) Plan A and Plan C give the same cost. (iii) Plan B and Plan C give the same cost.arrow_forwardDuring a particularly dry growing season in a southern state, farmers noticed that there is a delicate balance between the number of seeds that are planted per square foot and the yield of the crop in pounds per square foot. The yields were the smallest when the number of seeds per square foot was either very small or very large. The data in the table show various numbers of seeds planted per square foot and yields (in pounds per square foot) for a sample of fields. A 2-column table with 15 rows. Column 1 is labeled number of seeds (per square foot) with entries 28, 75, 30, 43, 71, 35, 40, 59, 66, 79, 85, 81, 16, 33, 16. Column 2 is labeled yield (pounds per square foot) with entries 131, 171, 132, 166, 169, 150, 161, 183, 173, 161, 147, 157, 86, 145, 86. Which scatterplot represents the seed and yield data? A graph titled number of Seeds and Crop Yield has seeds (per square foot) on the x-axis, and yard (pounds per square foot) on the y-axis. The points curve up to a point, and…arrow_forward
- Intensive care units (ICUS) generally treat the sickest patients in a hospital. ICUs are often the most expensive department in a hospital because of the specialized equipment and extensive training required to be an ICU doctor or nurse. Therefore, it is important to use ICUs as efficiently as possible in a hospital. According to a 2017 arge-scale study of elderly ICU patients, the average length of stay in the ICU is 3.4 days (Critical Care Medicine journal article). Assume that this length of stay in the ICU has an exponential distribution. Do not round intermediate calculations. What is the probability that the length of stay in the ICU is one day or less (to 4 decimals)? 2857 b. What is the probability that the length of stay in the ICU is between two and three days (to 4 decimals)? What is the probability that the length of stay in the ICU is more than five days (to 4 decimals)? Hide Feedbackarrow_forwardThe sales manager of a large automotive parts distributor wants to estimate the total annual sales for each of the company’s regions. Three factors appear to be related to regional sales: the number of retail outlets in the region, the total personal income of the region, and the number of cars registered in the region. The following table shows the data for 10 regions that were gathered for last year sales. The excel data file for this problem is:final exam question 6B spring 2021.xlsx Region Annual sales ($ million) Number of retail outlets Number of automobiles registered (million) Personal income ($ billion) 1 37.702 1,739 9.27 85.4 2 24.196 1,221 5.86 60.7 3 32.055 1,846 8.81 68.1 4 3.611 120 4.81 20.1 5 17.625 1,096 10.31 33.8 6 45.919 2,290 11.62 95.1 7 29.600 1,687 8.96 69.3 8 8.114 241 6.28 16.5 9 20.116 649 7.77 34.9 10 12.994 1,427 10.92…arrow_forwardCellulon, a manufacturer of home insulation, wants to develop guidelines for builders and consumers on how the thickness of the insulation in the attic of a home and the outdoor temperature affect natural gas consumption. In the laboratory, it varied the insulation thickness and temperature. A few of the findings are: Monthly Natural Gas Consumption (cubic feet), Thickness of Insulation (inches), Outdoor Temperature (ºF), y x1 x2 30.3 6.0 40.0 24.2 12 40 27.9 8 49 On the basis of the sample results, the regression equation is: yˆy^ = 56.26 − 0.66x1 − 0.59x2 How much natural gas can homeowners expect to use per month if they install 6 inches of insulation and the outdoor temperature is 40 degrees F? (Round your answer to 2 decimal places.) What effect would installing 7 inches of insulation instead of 6 have on the monthly natural gas consumption (assuming the outdoor temperature remains at 40 degrees F)? (Round your answers…arrow_forward
- Cellulon, a manufacturer of home insulation, wants to develop guidelines for builders and consumers on how the thickness of the insulation in the attic of a home and the outdoor temperature affect natural gas consumption. In the laboratory, it varied the insulation thickness and temperature. A few of the findings are: Monthly Natural Gas Consumption (cubic feet), Thickness of Insulation (inches), Outdoor Temperature (ºF), y x1 x2 30.3 6.0 32.0 25.2 12 40 30.5 8 49 On the basis of the sample results, the regression equation is: yˆ y^ = 57.25 − 1.07x1 − 0.64x2arrow_forwardIn a quantitative analysis where widowed people suffering with bereavement suffer with a poor quality of life. Would Widowed Individuals be the Unit of Analysis? The quality of life be the dependent variable, therefore making bereavement the independent variable?arrow_forwardCompare the primary types of forecasting methods used to determine demand.arrow_forward
- A survey about social media reported that 82% of B2B marketers (marketers that focus primarily on attracting businesses) plan to increase their use of social media, as compared to 55% of B2C marketers (marketers that primarily target consumers). The survey was based on 1,286 B2B marketers and 1,731 B2C marketers. The accompanying table summarizes the results. Complete parts (a) through (d) below. A. What is the probability that a randomly selected respondent is a B2C marketer? B. What is the probability that a randomly selected respondent plans to increase use of social media or is a B2C marketer? C. Explain the difference in the results in (a) and (b)arrow_forwardA survey about social media reported that 79% of B2B marketers (marketers that focus primarily on attracting businesses) plan to increase their use of social media, as compared to 54% of B2C marketers (marketers that primarily target consumers). The survey was based on 1,333 B2B marketers and 1,669 B2C marketers. The accompanying table summarizes the results. Complete parts (a) through (d) below. A Click the icon to view the contingency table about social media use and marketers. Contingency table a. What is the probability that a randomly selected respondent plans to increase use of social media? (Round to three decimal places as needed.) Increase Use of Social Media? Business Focus B2B B2C Total b. What is the probability that a randomly selected respondent is a B2C marketer? Yes 1,049 901 1,950 (Round to three decimal places as needed.) No 284 768 1,052 Total 1,333 1,669 3,002 c. What is the probability that a randomly selected respondent plans to increase use of social media or is…arrow_forwardThe U.S. government wants to determine whether immigrants should be tested for a contagious disease, and it is planning to base this decision on financial considerations. Assume that each immigrant who is allowed to enter the United States and has the disease costs the country $100,000. Also, assume that each immigrant who is allowed to enter the United States and does not have the disease will contribute $10,000 to the national economy. Finally, assume that x percent of all potential immigrants have the disease. The U.S. government can choose to admit all immigrants, admit no immigrants, or test immigrants for the disease before determining whether they should be admitted. It costs T dollars to test a person for the disease, and the test result is either positive or negative. A person who does not have the disease always tests negative. However, 10% of all people who do have the disease test negative. The government’s goal is to maximize the expected net financial benefits per…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Algebra and Trigonometry (MindTap Course List)AlgebraISBN:9781305071742Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage Learning
Algebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal Littell
Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
Algebra and Trigonometry (MindTap Course List)
Algebra
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:Cengage Learning
Algebra: Structure And Method, Book 1
Algebra
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:McDougal Littell
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Correlation Vs Regression: Difference Between them with definition & Comparison Chart; Author: Key Differences;https://www.youtube.com/watch?v=Ou2QGSJVd0U;License: Standard YouTube License, CC-BY
Correlation and Regression: Concepts with Illustrative examples; Author: LEARN & APPLY : Lean and Six Sigma;https://www.youtube.com/watch?v=xTpHD5WLuoA;License: Standard YouTube License, CC-BY