APPLIED STAT.IN BUS.+ECONOMICS
6th Edition
ISBN: 9781259957598
Author: DOANE
Publisher: RENT MCG
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Chapter 3, Problem 31CE
a.
To determine
Construct a
b.
To determine
Explain the relationship between X and Y and identify whether it is Weak or Strong or Negative or Positive or Linear or Nonlinear.
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32. Consider a normally distributed population with mean μ = 80
and standard deviation σ = 14.
a.
Construct the centerline and the upper and lower control
limits for the chart if samples of size 5 are used.
b. Repeat the analysis with samples of size 10.
2080 101
c. Discuss the effect of the sample size on the control limits.
Consider the following hypothesis test.
The following results are for two independent samples taken from the two populations.
Sample 1
Sample 2
n 1 = 80
n 2 = 70
x 1 = 104
x 2 = 106
σ 1 = 8.4
σ 2 = 7.6
What is the value of the test statistic? If required enter negative values as negative numbers (to 2 decimals).
What is the p-value (to 4 decimals)? Use z-table.
With = .05, what is your hypothesis testing conclusion?
Periodically, Merrill Lynch customers are asked to evaluate Merrill Lynch financial consultants and services (2000 Merrill Lynch Client Satisfaction Survey). Higher ratings on the client satisfaction survey indicate better service with 7 the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas consultant B has 1 year of experience. Use = .05 and test to see whether the consultant with more experience has the higher population mean service rating.
Consultant A
Consultant B
= 16
= 10
= 6.82
= 6.25
= .64
= .75
State the null and alternative hypotheses.H0: 1 - 2 Ha: 1 - 2
Compute the value of the test statistic (to 2 decimals).
What is the p-value?The p-value is
What is your conclusion?
Chapter 3 Solutions
APPLIED STAT.IN BUS.+ECONOMICS
Ch. 3.1 - (a) Make a stem-and-leaf plot for these 24...Ch. 3.1 - (a) Make a stem-and-leaf plot for the number of...Ch. 3.1 - (a) Make a stacked dot plot to compare the lengths...Ch. 3.2 - (a) The table shows the number of days on the...Ch. 3.2 - (a) The table shows raw scores on a state civil...Ch. 3.2 - (a) Make a frequency distribution and histogram...Ch. 3.2 - (a) Make a frequency distribution and histogram...Ch. 3.2 - (a) Make a frequency distribution and histogram...Ch. 3.2 - For each frequency distribution, suggest nice...Ch. 3.2 - Below are sorted data showing average spending per...
Ch. 3.4 - (a) Use Excel to prepare a line chart to display...Ch. 3.4 - Prob. 12SECh. 3.4 - Prob. 13SECh. 3.4 - (a) Use Excel to prepare a line chart to display...Ch. 3.5 - Prob. 15SECh. 3.5 - The table shows the number of TVs sold by a major...Ch. 3.6 - (a) Use Excel to prepare a 2-D pie chart for these...Ch. 3.6 - Prob. 19SECh. 3.6 - Prob. 20SECh. 3.7 - (a) Use Excel to make a scatter plot of the data...Ch. 3.7 - Prob. 22SECh. 3.7 - Prob. 23SECh. 3.7 - (a) Use Excel to make a scatter plot of the data,...Ch. 3 - Name two attractive features and two limitations...Ch. 3 - (a) What is a frequency distribution? (b) What are...Ch. 3 - (a) What is a histogram? (b) What does it show?Ch. 3 - (a) What is a bimodal histogram? (b) Explain the...Ch. 3 - (a) What is a scatter plot? (b) What do scatter...Ch. 3 - For what kind of data would we use a bar chart?...Ch. 3 - For what kind of data would we use a line chart?...Ch. 3 - (a) List the three most common types of charts in...Ch. 3 - (a) For what kind of data would we use a pie...Ch. 3 - Which types of charts can be used for time series...Ch. 3 - (a) When might we need a log scale? (b) What do...Ch. 3 - When might we use a stacked column chart? An area...Ch. 3 - List five deceptive graphical techniques.Ch. 3 - What is a pivot table? Why is it useful?Ch. 3 - The durations (minutes) of 26 electric power...Ch. 3 - The U.S. Postal Service will ship a Priority Mail,...Ch. 3 - A study of 40 U.S. cardiac care centers showed the...Ch. 3 - Prob. 28CECh. 3 - An executives telephone log showed the following...Ch. 3 - Below are batting averages of the New York Yankees...Ch. 3 - Prob. 31CECh. 3 - Prob. 32CECh. 3 - Download the full data set from the McGraw-Hill...Ch. 3 - (a) What kind of display is this? (b) Identify its...Ch. 3 - (a) What kind of display is this? (b) Identify its...Ch. 3 - (a) What kind of display is this? (b) Identify its...Ch. 3 - (a) What kind of display is this? (b) Identify its...Ch. 3 - Prob. 38CECh. 3 - (a) What kind of display is this? (b) Identify its...Ch. 3 - (a) What kind of display is this? (b) Identify its...Ch. 3 - Prob. 41CECh. 3 - Prob. 42CECh. 3 - (a) Use Excel to prepare an appropriate type of...Ch. 3 - Prob. 44CECh. 3 - Prob. 45CECh. 3 - (a) Use Excel to prepare an appropriate type of...Ch. 3 - Prob. 47CECh. 3 - (a) Use Excel to prepare an appropriate type of...
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