APPLIED STAT.IN BUS.+ECONOMICS
6th Edition
ISBN: 9781259957598
Author: DOANE
Publisher: RENT MCG
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Chapter 3.1, Problem 1SE
(a) Make a stem-and-leaf plot for these 24 observations on the number of customers who used a down-town CitiBank ATM during the noon hour on 24 consecutive workdays. (b) Make a dot plot of the ATM data (c) Describe these two displays. (Hint: Refer to center, variability, and shape.)
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You have been hired as an intern to run analyses on the data and report the results back to Sarah; the five questions that Sarah needs you to address are given below.
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Does there appear to be a positive or negative relationship between price and screen size? Use a scatter plot to examine the relationship.
Determine and interpret the correlation coefficient between the two variables. In your interpretation, discuss the direction of the relationship (positive, negative, or zero relationship). Also discuss the strength of the relationship.
Estimate the relationship between screen size and price using a simple linear regression model and interpret the estimated coefficients. (In your interpretation, tell the dollar amount by which price will change for each unit of increase in screen size).
Include the manufacturer dummy variable (Samsung=1, 0 otherwise) and estimate the relationship between screen size, price and manufacturer dummy as a multiple…
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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