Stats: Modeling the World Nasta Edition Grades 9-12
3rd Edition
ISBN: 9780131359581
Author: David E. Bock, Paul F. Velleman, Richard D. De Veaux
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 26, Problem 10E
To determine
To perform goodness of fit test.
Expert Solution & Answer
Answer to Problem 10E
There is not sufficient evidence to reject the claim that all digits show up with equal frequency.
Explanation of Solution
Given:
Digit | Observed |
zero | 99959 |
one | 99758 |
two | 100026 |
three | 100229 |
four | 100230 |
five | 100359 |
six | 99548 |
seven | 99800 |
eight | 99985 |
nine | 100106 |
The null and alternative hypotheses:
Using excel,
Observed | expected | O - E | (O - E)² / E | % of chisq |
99959 | 100000.000 | -41.000 | 0.017 | 0.31 |
99758 | 100000.000 | -242.000 | 0.586 | 10.63 |
100026 | 100000.000 | 26.000 | 0.007 | 0.12 |
100229 | 100000.000 | 229.000 | 0.524 | 9.52 |
100230 | 100000.000 | 230.000 | 0.529 | 9.60 |
100359 | 100000.000 | 359.000 | 1.289 | 23.39 |
99548 | 100000.000 | -452.000 | 2.043 | 37.08 |
99800 | 100000.000 | -200.000 | 0.400 | 7.26 |
99985 | 100000.000 | -15.000 | 0.002 | 0.04 |
100106 | 100000.000 | 106.000 | 0.112 | 2.04 |
1000000 | 1000000.000 | 0.000 | 5.509 | 100.00 |
5.51 | chi-square | |||
9 | df | |||
.7879 | p-value |
Decision: The p-value > 0.05, fail to reject H0.
Conclusion: There is not sufficient evidence to reject the claim that all digits shows up with equal frequency.
Chapter 26 Solutions
Stats: Modeling the World Nasta Edition Grades 9-12
Ch. 26 - Prob. 1ECh. 26 - Prob. 2ECh. 26 - Prob. 3ECh. 26 - Prob. 4ECh. 26 - Prob. 5ECh. 26 - Prob. 6ECh. 26 - Prob. 7ECh. 26 - Prob. 8ECh. 26 - Prob. 9ECh. 26 - Prob. 10E
Ch. 26 - Prob. 11ECh. 26 - Prob. 12ECh. 26 - Prob. 13ECh. 26 - Prob. 14ECh. 26 - Prob. 15ECh. 26 - Prob. 16ECh. 26 - Prob. 17ECh. 26 - Prob. 18ECh. 26 - Prob. 19ECh. 26 - Prob. 20ECh. 26 - Prob. 21ECh. 26 - Prob. 22ECh. 26 - Prob. 23ECh. 26 - Prob. 24ECh. 26 - Prob. 25ECh. 26 - Prob. 26ECh. 26 - Prob. 27ECh. 26 - Prob. 28ECh. 26 - Prob. 29ECh. 26 - Prob. 30ECh. 26 - Prob. 31ECh. 26 - Prob. 32ECh. 26 - Prob. 33ECh. 26 - Prob. 34ECh. 26 - Prob. 35ECh. 26 - Prob. 36ECh. 26 - Prob. 37ECh. 26 - Prob. 38ECh. 26 - Prob. 39ECh. 26 - Prob. 40ECh. 26 - Prob. 41ECh. 26 - Prob. 42E
Additional Math Textbook Solutions
Find more solutions based on key concepts
Evaluating limits Evaluate the following limits. 31. limx35x4x3
Calculus: Early Transcendentals (2nd Edition)
TRY IT YOURSELF 1
Find the mean of the points scored by the 51 winning teams listed on page 39.
Elementary Statistics: Picturing the World (7th Edition)
Testing Claims About Proportions. In Exercises 9-32, test the given claim. Identify the null hypothesis, altern...
Elementary Statistics (13th Edition)
In Exercises 5-36, express all probabilities as fractions.
23. Combination Lock The typical combination lock us...
Elementary Statistics
For a population containing N=902 individual, what code number would you assign for a. the first person on the ...
Basic Business Statistics, Student Value Edition
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
- We consider the one-period model studied in class as an example. Namely, we assumethat the current stock price is S0 = 10. At time T, the stock has either moved up toSt = 12 (with probability p = 0.6) or down towards St = 8 (with probability 1−p = 0.4).We consider a call option on this stock with maturity T and strike price K = 10. Theinterest rate on the money market is zero.As in class, we assume that you, as a customer, are willing to buy the call option on100 shares of stock for $120. The investor, who sold you the option, can adopt one of thefollowing strategies: Strategy 1: (seen in class) Buy 50 shares of stock and borrow $380. Strategy 2: Buy 55 shares of stock and borrow $430. Strategy 3: Buy 60 shares of stock and borrow $480. Strategy 4: Buy 40 shares of stock and borrow $280.(a) For each of strategies 2-4, describe the value of the investor’s portfolio at time 0,and at time T for each possible movement of the stock.(b) For each of strategies 2-4, does the investor have…arrow_forwardNegate the following compound statement using De Morgans's laws.arrow_forwardNegate the following compound statement using De Morgans's laws.arrow_forward
- Question 6: Negate the following compound statements, using De Morgan's laws. A) If Alberta was under water entirely then there should be no fossil of mammals.arrow_forwardNegate the following compound statement using De Morgans's laws.arrow_forwardCharacterize (with proof) all connected graphs that contain no even cycles in terms oftheir blocks.arrow_forward
- Let G be a connected graph that does not have P4 or C3 as an induced subgraph (i.e.,G is P4, C3 free). Prove that G is a complete bipartite grapharrow_forwardProve sufficiency of the condition for a graph to be bipartite that is, prove that if G hasno odd cycles then G is bipartite as follows:Assume that the statement is false and that G is an edge minimal counterexample. That is, Gsatisfies the conditions and is not bipartite but G − e is bipartite for any edge e. (Note thatthis is essentially induction, just using different terminology.) What does minimality say aboutconnectivity of G? Can G − e be disconnected? Explain why if there is an edge between twovertices in the same part of a bipartition of G − e then there is an odd cyclearrow_forwardLet G be a connected graph that does not have P4 or C4 as an induced subgraph (i.e.,G is P4, C4 free). Prove that G has a vertex adjacent to all othersarrow_forward
- We consider a one-period market with the following properties: the current stock priceis S0 = 4. At time T = 1 year, the stock has either moved up to S1 = 8 (with probability0.7) or down towards S1 = 2 (with probability 0.3). We consider a call option on thisstock with maturity T = 1 and strike price K = 5. The interest rate on the money marketis 25% yearly.(a) Find the replicating portfolio (φ, ψ) corresponding to this call option.(b) Find the risk-neutral (no-arbitrage) price of this call option.(c) We now consider a put option with maturity T = 1 and strike price K = 3 onthe same market. Find the risk-neutral price of this put option. Reminder: A putoption gives you the right to sell the stock for the strike price K.1(d) An investor with initial capital X0 = 0 wants to invest on this market. He buysα shares of the stock (or sells them if α is negative) and buys β call options (orsells them is β is negative). He invests the cash balance on the money market (orborrows if the amount is…arrow_forwardDetermine if the two statements are equivalent using a truth tablearrow_forwardQuestion 4: Determine if pair of statements A and B are equivalent or not, using truth table. A. (~qp)^~q в. р л~9arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- MATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C...StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage Learning
- Elementary Statistics: Picturing the World (7th E...StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman
Hypothesis Testing - Solving Problems With Proportions; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=76VruarGn2Q;License: Standard YouTube License, CC-BY
Hypothesis Testing and Confidence Intervals (FRM Part 1 – Book 2 – Chapter 5); Author: Analystprep;https://www.youtube.com/watch?v=vth3yZIUlGQ;License: Standard YouTube License, CC-BY