Elementary Statistics ( 3rd International Edition ) Isbn:9781260092561
3rd Edition
ISBN: 9781259969454
Author: William Navidi Prof.; Barry Monk Professor
Publisher: McGraw-Hill Education
expand_more
expand_more
format_list_bulleted
Textbook Question
Chapter 2.4, Problem 14E
Food expenditures: Both of the following time-series plots present the percentage of income spent on food by U.S. residents for the years 1998 through 2014. (Source: U.S. Department of Agriculture)
Which of the following statements is more accurate, and why?
(i) The percentage of income spent on food decreased considerably between 1998 and 2014.
(ii) The percentage of income spent on food decreased slightly between 1998 and 2014.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
MORTALITY RATE
Table 3.5 provides the number of deaths from all causes and from accidents (unintentional
injuries) by age group in the United States in 2002. Review the following rates. Determine what
to call each one, then calculate it using the data provided in Table.
1. Unintentional-injury-specific mortality rate for the entire population. Calculate cause-specific
mortality rate.
2. All-cause mortality rate for 25-34 years old. Calculate the age-specific mortality rate.
3. All-cause mortality among males. Calculate the sex-specific mortality rate.
4. Unintentional-injury specific mortality among 25 to 34 years old males. Calculate the is a
cause-specific, age-specific, and sex-specific mortality rate
Table 3.5 All-Cause and Unintentional Injury Mortality and Estimated Population by Age Group, For
Both Sexes and For Males Alone- United States, 2002
All Races, Both Sexes
All Races, Males
Age group
(years)
All
Causes
Unintentional
Estimated
All
Unintentional
Estimated
Injuries
Pop. (x…
Adjusted Gross Incomes. The Internal Revenue Service (IRS) publishes data on adjusted gross incomes in Statistics of Income, Individual Income Tax Returns. The following relativefrequency histogram shows one year’s individual income tax returns for adjusted gross incomes of less than $50,000.
Use the histogram and the fact that adjusted gross incomes are expressed to the nearest whole dollar to answer each of the following questions.
a. Approximately what percentage of the individual income tax returns had an adjusted gross income between $10,000 and $19,999, inclusive?
b. Approximately what percentage had an adjusted gross income of less than $30,000?
c. The IRS reported that 89,928,000 individual income tax returns had an adjusted gross income of less than $50,000. Approximately how many had an adjusted gross income between $30,000 and $49,999, inclusive?
The financial aid office at Burke University
produced an internal report on the number of
students receiving scholarships.
Students receiving scholarships
Year
Students
2017
18
2018
35
2019
28
2020
30
2021
18
According to the table, what was the rate of
change between 2017 and 2018?
students per year
Chapter 2 Solutions
Elementary Statistics ( 3rd International Edition ) Isbn:9781260092561
Ch. 2.1 - In Exercises 5-8, fill in each blank with the...Ch. 2.1 - In Exercises 5-8, fill in each blank with the...Ch. 2.1 - In Exercises 5-8, fill in each blank with the...Ch. 2.1 - In Exercises 5-8, fill in each blank with the...Ch. 2.1 - In Exercises 9—12, determine whether the...Ch. 2.1 - In Exercises 9—12, determine whether the...Ch. 2.1 - In Exercises 9—12, determine whether the...Ch. 2.1 - In Exercises 9—12, determine whether the...Ch. 2.1 - The following bar graph presents the average...Ch. 2.1 - The most common blood typing system divides human...
Ch. 2.1 - Following is a pie chart that presents the...Ch. 2.1 - Government spending: The following pie chart...Ch. 2.1 - U.S. population: The following side-by-side bar...Ch. 2.1 - Super Bowl: The following side-by-side bar graph...Ch. 2.1 - Smartphone sales: The following frequency...Ch. 2.1 - Popular video games: The following frequency...Ch. 2.1 - More smartphones: Using the data in Exercise 19:...Ch. 2.1 - More video games: Using the data in Exercise 20:...Ch. 2.1 - Hospital admissions: The following frequency...Ch. 2.1 - World population: Following are the populations of...Ch. 2.1 - Ages of video garners: The Nielsen Company...Ch. 2.1 - How secure is your job? In a survey, employed...Ch. 2.1 - Back up your data: In a survey commissioned by the...Ch. 2.1 - Education levels: The following frequency...Ch. 2.1 - Twitter followers: The following frequency...Ch. 2.1 - Music sales: The following frequency distribution...Ch. 2.1 - Keeping up with the Kardashians: The following...Ch. 2.1 - Bought a new car lately? The following table...Ch. 2.1 - Bought a new- truck lately? The following table...Ch. 2.1 - Happy Halloween: The following table presents...Ch. 2.1 - Native languages: The following frequency...Ch. 2.1 - Proportion of females: Following are the...Ch. 2.2 - Prob. 5ECh. 2.2 - In Exercises 5—8, fill in each blank with the...Ch. 2.2 - In Exercises 5—8, fill in each blank with the...Ch. 2.2 - In Exercises 5—8, fill in each blank with the...Ch. 2.2 - In Exercises 9—12, determine whether the...Ch. 2.2 - In Exercises 9—12, determine whether the...Ch. 2.2 - In Exercises 9—12, determine whether the...Ch. 2.2 - In Exercises 9—12, determine whether the...Ch. 2.2 - In Exercises 13—16, classify the histogram as...Ch. 2.2 - In Exercises 13—16, classify the histogram as...Ch. 2.2 - In Exercises 13—16, classify the histogram as...Ch. 2.2 - In Exercises 13—16, classify the histogram as...Ch. 2.2 - In Exercises 17 and 18, classify the histogram as...Ch. 2.2 - In Exercises 17 and 18, classify the histogram as...Ch. 2.2 - Student heights: The following frequency histogram...Ch. 2.2 - Trained rats: Forty rats were trained to run a...Ch. 2.2 - Cholesterol: The following histogram shows the...Ch. 2.2 - Blood pressure: The following histogram shows the...Ch. 2.2 - Olympic athletes: The following frequency...Ch. 2.2 - Hows the weather? The following relative frequency...Ch. 2.2 - Skewed which way? For which of the following data...Ch. 2.2 - Skewed which way? For which of the following data...Ch. 2.2 - Batting average: The following frequency...Ch. 2.2 - Batting average: The following frequency...Ch. 2.2 - Time spent playing video games: A sample of 200...Ch. 2.2 - Murder, she wrote: The following frequency...Ch. 2.2 - BMW prices: The following table presents the...Ch. 2.2 - Geysers: The geyser Old Faithful in Yellowstone...Ch. 2.2 - Hail to the chief: There have been 58 presidential...Ch. 2.2 - Internet radio: The following table presents the...Ch. 2.2 - Brothers and sisters: Thirty students in a...Ch. 2.2 - Cough, cough: The following table presents the...Ch. 2.2 - Prob. 37ECh. 2.2 - Prob. 38ECh. 2.2 - Prob. 39ECh. 2.2 - Prob. 40ECh. 2.2 - Frequency polygon: Using the data in Exercise 29:...Ch. 2.2 - Prob. 42ECh. 2.2 - Ogive: Using the data in Exercise 27: Compute the...Ch. 2.2 - Ogive: Using the data in Exercise 28: Compute the...Ch. 2.2 - Ogive: Using the data in Exercise 29: Compute the...Ch. 2.2 - Prob. 46ECh. 2.2 - Prob. 47ECh. 2.2 - Prob. 48ECh. 2.2 - Prob. 49ECh. 2.2 - Prob. 50ECh. 2.2 - Prob. 51ECh. 2.2 - Prob. 52ECh. 2.2 - Frequencies and relative frequencies: The...Ch. 2.3 - In Exercises 3—6, fill in each blank with the...Ch. 2.3 - In Exercises 3—6, fill in each blank with the...Ch. 2.3 - In Exercises 3—6, fill in each blank with the...Ch. 2.3 - In Exercises 3—6, fill in each blank with the...Ch. 2.3 - Prob. 7ECh. 2.3 - In Exercises 7—10, determine whether the...Ch. 2.3 - In Exercises 7—10, determine whether the...Ch. 2.3 - In Exercises 7—10, determine whether the...Ch. 2.3 - Construct a stem-and-leaf plot for the following...Ch. 2.3 - Construct a stem-and-leaf plot for the following...Ch. 2.3 - List the data in the following stem-and-leaf plot....Ch. 2.3 - List the data in the following stein-and-leaf...Ch. 2.3 - Construct a dotplot for the data in Exercise 11.Ch. 2.3 - Prob. 16ECh. 2.3 - BMW prices: The following table presents the...Ch. 2.3 - Hows the weather? The following table presents the...Ch. 2.3 - Air pollution: The following table presents...Ch. 2.3 - Technology salaries: The following table presents...Ch. 2.3 - Tennis and golf: Following are the ages of the...Ch. 2.3 - Pass the popcorn: Following are the running times...Ch. 2.3 - More weather: Construct a dotplot for the data in...Ch. 2.3 - Prob. 24ECh. 2.3 - Looking for a job: The following table presents...Ch. 2.3 - Prob. 26ECh. 2.3 - Military spending: The following table presents...Ch. 2.3 - Prob. 28ECh. 2.3 - Dining out: The following time-series plot...Ch. 2.3 - Prob. 30ECh. 2.3 - Prob. 31ECh. 2.3 - More gold: The following time series plot presents...Ch. 2.3 - Prob. 33ECh. 2.3 - Prob. 34ECh. 2.3 - Vote: The following time-series plot presents the...Ch. 2.3 - Arctic ice sheet: The following table presents the...Ch. 2.3 - Prob. 37ECh. 2.4 - In Exercises 3 and 4, fill in each blank with the...Ch. 2.4 - In Exercises 3 and 4, fill in each blank with the...Ch. 2.4 - CD sales decline: Sales of CDs have been declining...Ch. 2.4 - Music sales: The following time-series plot and...Ch. 2.4 - Stock market prices: The Dow Jones Industrial...Ch. 2.4 - Save your money: In 2007, U.S. residents saved...Ch. 2.4 - Ill take mine with mustard: The following bar...Ch. 2.4 - Stream or download? The following bar graph...Ch. 2.4 - Female senators: Of the 100 members of the United...Ch. 2.4 - Age at marriage: Data compiled by the U.S. Census...Ch. 2.4 - College degrees: Both of the following time-series...Ch. 2.4 - Food expenditures: Both of the following...Ch. 2.4 - Prob. 15ECh. 2 - Following is the list of letter grades for...Ch. 2 - Prob. 2CQCh. 2 - Construct a frequency bar graph for the data in...Ch. 2 - Prob. 4CQCh. 2 - Prob. 5CQCh. 2 - Prob. 6CQCh. 2 - Prob. 7CQCh. 2 - Prob. 8CQCh. 2 - Prob. 9CQCh. 2 - Prob. 10CQCh. 2 - Following are the prices (in dollars) for a sample...Ch. 2 - Prob. 12CQCh. 2 - Prob. 13CQCh. 2 - Prob. 14CQCh. 2 - Prob. 15CQCh. 2 - Trust your doctor: The General Social Survey...Ch. 2 - Internet browsers: The following relative...Ch. 2 - Prob. 3RECh. 2 - Prob. 4RECh. 2 - Prob. 5RECh. 2 - House freshmen: Newly elected members of the U.S....Ch. 2 - More freshmen: For the data in Exercise 6:...Ch. 2 - Royalty: Following are the ages at death for all...Ch. 2 - Prob. 9RECh. 2 - Prob. 10RECh. 2 - Prob. 11RECh. 2 - Prob. 12RECh. 2 - Prob. 13RECh. 2 - Prob. 14RECh. 2 - Prob. 15RECh. 2 - Explain why the frequency bar graph and the...Ch. 2 - Prob. 2WAICh. 2 - Prob. 3WAICh. 2 - Prob. 4WAICh. 2 - Prob. 5WAICh. 2 - In the chapter introduction, we presented gas...Ch. 2 - In the chapter introduction, we presented gas...Ch. 2 - In the chapter introduction, we presented gas...Ch. 2 - Prob. 4CSCh. 2 - In the chapter introduction, we presented gas...Ch. 2 - Prob. 6CSCh. 2 - In the chapter introduction, we presented gas...Ch. 2 - Prob. 8CSCh. 2 - In the chapter introduction, we presented gas...
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
- An electronic appliance manufacturer wants to know if there is a relationship between percentage change in deposable personal income which is reported quarterly by the government, and the percentage change in appliances sold by the manufacturer following same years of quarterly data. Brenda Chee and Clarence Paulus lead an analyst team has obtained data for the past 10 quarters. (Hint: Provides your answers in two decimal points) Quarter Percent change in income Percent Change in appliance sold Quarter Percent change in income Percent change in appliance sold 1 -2.3 -2.5 6 -1.0 1.0 2 -1.5 -1.0 7 0.7 1.4 3 2.8 7.4 8 5.2 3.4 4 0.5 2.6 9 -2.5 -0.5 5 4.6 8.5 10 1.7 1.8 (a) What forecasting model should be used for this data. Why?(5(b) Develop the forecasting model that you have proposed in (a).(c) Compute the relationship for these data. In your opinion, is the relationship between independentvariable…arrow_forwardBelow are the commodity data. Determine (a) Laspeyer's price index and Laspeyer's quantity index. (b) Paasche's price index and Paasche's quantity index. (c) Fisher's ideal index (both Price and Quantity) January 2020 Price (S) Q2. January 2020 Quantity January 2021 Price (S) 4.45 January 2021 Quantity Commodity Toothpaste Shampoo Cough tablets Antiperspirant 5.49 2 3 4.29 3 6.29 3.79 4 5.67 4 4.29 4.89arrow_forwardB4. A company has collected and smoothened its historical yearly sales data of a product from 2015 up to 2021. The following table shows the sales and moving average figures. Sales Three-year moving avcrage Year Five-ycar moving avcrage (S thousands) 2015 2016 326.0 324.0 E 367.4 2017 344.0 2018 383.0 371.0 2019 B. 389.0 2020 398.0 D 2021 428.0 Calculate the missing values of4, B, C, D. E and F(Correct to I decimal place). B5. A lottery consists of 49 balls numbered 1 through 49 and 6 of them are drawn at random. (a) You can pick 6 different numbers for a betting ticket. How many selections are possible? (b) If prizes will be paid to those picking 4 to 6 drawn numbers, how many winning selections are possible? రarrow_forward
- Question 3 Refer to the stack plot below. The vertical scale is the proportion of sales. (a) Describe the proportion of sales for puzzle games between 1985 and 2015. (b) Which genre(s) increased in proportion of sales between 2010 and 2015? (c) Which genre had the largest proportion of sales in 1985? Video Games by Year and Genre: 1980-2016 1.0- 0.9- Genre 0.8 Action Advente Fighting Misc Platform Puzzle 0.7- 0.6- 0.5- Racing Role-Play Shooter Simulation 0.4- 0.3 0.2- Sports Strategy 0.1- 0.0- 1980 1985 1990 1995 2000 2005 2010 2015 O True O Falsearrow_forwardJohn Kittle, an independent insurance agent, uses a five-year moving average to forecast the number of claims made in a single year for one of the large insurance companies he sells for. He has just discovered that a clerk in his employ incorrectly entered the number of claims made four years ago as 1,400 when it should have been 1,200.a. What adjustment should Mr. Kittle make in next year’s forecast to take into account the corrected value of the number of claims four years ago?b. Suppose that Mr. Kittle used simple exponential smoothing with a = .2instead of moving averages to determine his forecast. What adjustment is now required in next year’s forecast? (Note that you do not need to know the value of the forecast for next year in order to solve this problem.)arrow_forwardThe table to right gives the projections of the population of a country from 2000 to 2100. Answer parts (a) through (c). Year Population Year (millions) 275.8 307.9 326.6 355.3 381.1 406.6 2000 2010 2020 2030 2040 2050 C 2060 2070 2080 2090 2100 Full data set Population (millions) 438.7 472.4 507.3 537.9 576.6 (a) Find a linear function that models this data, with x equal to the number of years after 2000 and f(x) equal to the population in millions. f(x) = (Use integers or decimals for any numbers in the expression. Round to three decimal places as needed.)arrow_forward
- NOTE: Please explain the steps necessary to calculate direct materials used. Thansk!!arrow_forwardThe data below have been taken from the cost records of the Halifax General Hospital. The data relate to the costs of admitting patients at various levels of patient activity: Month Number of Patients Admitting Admitted Department CostsMay..................................................................... 3,600 $ 29,400June .................................................................... 3,800 $ 28,700July ...................................................................... 2,900 $ 27,400August ................................................................ 3,200 $ 28,000September .......................................................... 3,300…arrow_forwardUsing the following time series data of U.S. new car sales ($ millions), respond to the following items. (The data is sourced from https://www.census.gov/retail/index.html#mrts. Find “Monthly Retail Trade Report,” then select “Time Series/Trend Charts” to find the data for U.S. new car sales.). Year $ Sales (Millions) 2009 486,565 2010 549,473 2011 608,788 2012 672,550 2013 735,374 2014 785,142 2015 842,122 2016 877,743 2017 911,157 2018 943,538 b. Test for autocorrelation using the 0.05 significance level. (Negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places.) Year $ Sales (Millions) Predicted Residuals Lagged Residuals Squared Difference Squared Residuals 2009 486,565 2010 549,473 2011 608,788 2012 672,550 2013 735,374 2014 785,142 2015 842,122 2016 877,743 2017 911,157 2018 943,538…arrow_forward
- The manager of a seafood restaurant was asked to establish a pricing policy on lobster dinners. The manager intends to use the pricing $/LB to predict the lobster sales on each day. The pertinent historical data are collected as shown in the table. Anaswer the following questions. Day Lobster Sold/day Price ($/lb.) 1 171 7.0 2 181 5.2 3 170 6.5 4 179 7.9 5 165 7.0 6 150 5.8 7 178 7.3 x = independent variable. According to this problem, the ∑x = 46.7r i s the coeefficient of correlation. Use the r equation to compute the value of the denominator part of the equation. The value for the r denominator = 414.1142According to this problem, the correlation of coefficient, r, between the two most pertinent variables is = 0.2707a) According to the instructor's lecture, the correlation strength between any two variables can be described as strong , weak , or no correlation. The correlation strength for this problem can be…arrow_forwardThe manager of a seafood restaurant was asked to establish a pricing policy on lobster dinners. The manager intends to use the pricing $/LB to predict the lobster sales on each day. The pertinent historical data are collected as shown in the table. Anaswer the following questions. Day Lobster Sold/day Price ($/lb.) 1 171 7.0 2 181 5.2 3 170 6.5 4 179 7.9 5 165 7.0 6 150 5.8 7 178 7.3 a) x = independent variable. According to this problem, the ∑x = b) r i s the coeefficient of correlation. Use the r equation to compute the value of the denominator part of the equation. The value for the r denominator = (in 4 decimal places)c) According to this problem, the correlation of coefficient, r, between the two most pertinent variables is = (in 4 decimal places).d) According to the instructor's lecture, the correlation strength between any two variables can be described as strong , weak , or no correlation. The correlation…arrow_forwardThe National Entrepreneurship and Innovation Programme has initiated a business incubation venture ahead of schedule in the venture lifecycle. Something that must be done is to do a justification for the project. Since very little information is known about the project, the estimates are considered to be rough estimates. The accompanying table is the project manager’s gauge of the income that will occur throughout the following five years: End of Year Cash Flow In (GHC) Cash Flow Out (GHC) 1 0 500,000.00 2 300,000.00 90,000.00 3 400,000.00 100,000.00 4 100,000.00 175,000.00 5 50,000.00 35,000.00 What is the payback period for the project. show workings If the net present value (NPV) for each of the cash flows were calculated at a 10% interest rate, what would the NPV cash flow be at the end of five years? Comment on the feasibility of the project.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillHolt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGALFunctions 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
Functions and Change: A Modeling Approach to Coll...
Algebra
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Cengage Learning
What Are Research Ethics?; Author: HighSchoolScience101;https://www.youtube.com/watch?v=nX4c3V23DZI;License: Standard YouTube License, CC-BY
What is Ethics in Research - ethics in research (research ethics); Author: Chee-Onn Leong;https://www.youtube.com/watch?v=W8Vk0sXtMGU;License: Standard YouTube License, CC-BY