Statistics for Business and Economics (13th Edition)

13th Edition

ISBN: 9780134506593

Author: James T. McClave, P. George Benson, Terry Sincich

Publisher: PEARSON

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Textbook Question

Chapter 2.6, Problem 2.102ACI

Blue- vs. red-colored exam study. In a study of how external clues influence performance, university professors gave two different forms of a midterm examination to a large group of introductory students. The questions on the exam were identical and in the same order, but one exam was printed on blue paper and the other on red paper (Teaching Psychology. May 1998). Grading only the difficult questions on the exam, the researchers found that scores on the blue exam had a distribution with a mean of 53% and a standard deviation of 15%, while scores on the red exam had a distribution with a mean of 39% and a standard deviation of 12%. (Assume that both distributions are approximately mound-shaped and symmetric.)

a. Give an interpretation of the standard deviation for the students who took the blue exam.
b. Give an interpretation of the standard deviation for the students who took the red exam.
c. Suppose a student is selected at random from the group of students who participated in the study and the student's score on the difficult questions is 20%. Which exam form is the student more likely to have taken, the blue or the red exam? Explain.

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Chapter 2.6, Problem 2.101ACI

Chapter 2.6, Problem 2.103ACI

Chapter 2 Solutions

Statistics for Business and Economics (13th Edition)

Ch. 2.1 - Complete the following table.Ch. 2.1 - A qualitative variable with three classes (X, Y,...Ch. 2.1 - STEM experiences for girls. The National Science...Ch. 2.1 - Cable TV subscriptions and cord cutters. Has the...Ch. 2.1 - Do social robots walk or roll? A social (or...Ch. 2.1 - Top credit card issuers, by region. The Nilson...Ch. 2.1 - Microsoft program security issues. To help its...Ch. 2.1 - Jamming attacks on wireless networks. Refer to the...Ch. 2.1 - The Apprentice contestants performance ratings....Ch. 2.1 - The economic return to earning an MBA. Refer to...

Ch. 2.1 - Profiling UK rental malls. An analysis of the...Ch. 2.1 - History of corporate acquisitions. A corporate...Ch. 2.1 - Twitter opinions of iPhone 6 features. What are...Ch. 2.1 - Museum management. What criteria do museums use to...Ch. 2.1 - Advertising with reader-response cards....Ch. 2.1 - Motivation and right-oriented bias. Evolutionary...Ch. 2.1 - Groundwater contamination in wells. In New...Ch. 2.2 - Graph the relative frequency histogram for the 500...Ch. 2.2 - Refer to Exercise 2.18. Calculate the number of...Ch. 2.2 - Consider the stem-and-leaf display shown here. a....Ch. 2.2 - Minitab was used to generate the following...Ch. 2.2 - Stability of compounds in new drugs. Testing the...Ch. 2.2 - Corporate sustainability of CPA firms. Refer to...Ch. 2.2 - Sanitation inspection of cruise ships. To minimize...Ch. 2.2 - History of corporate acquisitions. Refer to the...Ch. 2.2 - Most valuable NFL teams. Each year Forbes reports...Ch. 2.2 - State SAT scores. 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Would you expect the data...Ch. 2.3 - Prob. 2.52ACI Ch. 2.3 - Prob. 2.53ACA Ch. 2.3 - Prob. 2.54ACA Ch. 2.3 - Prob. 2.55ACA Ch. 2.4 - Answer the following questions about variability...Ch. 2.4 - Calculate the range, variance, and standard...Ch. 2.4 - Calculate the variance and standard deviation for...Ch. 2.4 - Compute x,s2, and s for each of the following data...Ch. 2.4 - Calculate the range, variance, and standard...Ch. 2.4 - Using only integers between 0 and 10, construct...Ch. 2.4 - Using only integers between 0 and 10, construct...Ch. 2.4 - Consider the following sample of five...Ch. 2.4 - Use the applet entitled Standard Deviation to find...Ch. 2.4 - Use the applet Standard Deviation to study the...Ch. 2.4 - Use the applet Standard Deviation to study the...Ch. 2.4 - Hotels use of ecolabels. Refer to the Journal of...Ch. 2.4 - Permeability of sandstone during weathering. Refer...Ch. 2.4 - Performance of stock screeners. 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Australia...Ch. 2.5 - The Apprentice contestants performance ratings....Ch. 2.5 - Shopping vehicle and judgment. While shopping at...Ch. 2.5 - Buy-side vs. sell-side analysts earnings...Ch. 2.5 - Prob. 2.87ACA Ch. 2.5 - Improving SAT scores. The National Education...Ch. 2.5 - Prob. 2.89ACA Ch. 2.6 - Compute the z-score corresponding to each of the...Ch. 2.6 - Give the percentage of measurements in a data set...Ch. 2.6 - In terms of percentiles, define QL, QM and QU.Ch. 2.6 - Compare the z-scores to decide which of the...Ch. 2.6 - Suppose that 40 and 90 are two elements of a...Ch. 2.6 - Mathematics assessment test scores. According to...Ch. 2.6 - Prob. 2.96ACB Ch. 2.6 - Prob. 2.97ACB Ch. 2.6 - Sanitation inspection of cruise ships Refer to the...Ch. 2.6 - Prob. 2.99ACI Ch. 2.6 - Prob. 2.100ACI Ch. 2.6 - Executive networking and firm performance. Do...Ch. 2.6 - Blue- vs. red-colored exam study. In a study of...Ch. 2.6 - Ranking PhD programs in economics. Thousands of...Ch. 2.6 - Using z-scores for grades. At one university, the...Ch. 2.6 - Prob. 2.105ACA Ch. 2.7 - A sample data set has a mean of 57 and a standard...Ch. 2.7 - Suppose a data set consisting of exam scores has a...Ch. 2.7 - Consider the horizontal box plot shown below. a....Ch. 2.7 - Prob. 2.109LM Ch. 2.7 - Prob. 2.7AE Ch. 2.7 - Rankings of research universities. Refer to the...Ch. 2.7 - Voltage sags and swells. Refer to the Electrical...Ch. 2.7 - Treating psoriasis with the Doctorfish of Kangal....Ch. 2.7 - Budget lapsing at army hospitals. Accountants use...Ch. 2.7 - Salary offers to MBAs. Consider the top salary...Ch. 2.7 - Prob. 2.115ACI Ch. 2.7 - Prob. 2.116ACI Ch. 2.7 - Sanitation inspection of cruise ships. Referto...Ch. 2.7 - Network server downtime. A manufacturer of network...Ch. 2.7 - Permeability of sandstone during weathering. Refer...Ch. 2.7 - Prob. 2.120ACA Ch. 2.7 - Prob. 2.121ACA Ch. 2.8 - Construct a scatterplot for the data in the...Ch. 2.8 - Construct a scatterplot for the data in the...Ch. 2.8 - Prob. 2.124ACB Ch. 2.8 - Prob. 2.125ACB Ch. 2.8 - Lobster trap placement. Strategic placement of...Ch. 2.8 - Does elevation impact hitting performance in...Ch. 2.8 - Prob. 2.128ACB Ch. 2.8 - Prob. 2.129ACB Ch. 2.8 - Spreading rate of spilled liquid A contract...Ch. 2.8 - Performance ratings of government agencies. The...Ch. 2.8 - Most valuable NFL teams. Refer to the Forbes...Ch. 2.8 - Best-paid CEOs. Refer to Glassdoor Economic...Ch. 2.8 - Prob. 2.134ACA Ch. 2.10 - Museum management. Refer to the Museum Management...Ch. 2.10 - Volkswagen emissions scandal. Refer to the...Ch. 2.10 - BP oil leak. 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Solution Summary: The author explains that 68% of students will score within 1 standard deviation of the mean, 95% of them within 2 and 99.7% within 3.

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Chapter 2 Solutions