Elementary Statistics 7th.ed. Instructor's Review Copy
7th Edition
ISBN: 9780134683584
Author: Larson
Publisher: PEARSON
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Textbook Question
Chapter 3.2, Problem 17E
Classifying
17. A study found that there is no relationship between playing violent video games and aggressive or bullying behavior in teenagers. (Source: Stetson University)
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(c) Because logistic regression predicts probabilities of outcomes, observations used to build a logistic regression model need not be independent.
A. false: all observations must be independent
B. true
C. false: only observations with the same outcome need to be independent
I ANSWERED: A. false: all observations must be independent.
(This was marked wrong but I have no idea why. Isn't this a basic assumption of logistic regression)
Business discuss
Spam filters are built on principles similar to those used in logistic regression. We fit a probability that each message is spam or not spam. We have several variables for each email. Here are a few: to_multiple=1 if there are multiple recipients, winner=1 if the word 'winner' appears in the subject line, format=1 if the email is poorly formatted, re_subj=1 if "re" appears in the subject line. A logistic model was fit to a dataset with the following output:
Estimate
SE
Z
Pr(>|Z|)
(Intercept)
-0.8161
0.086
-9.4895
0
to_multiple
-2.5651
0.3052
-8.4047
0
winner
1.5801
0.3156
5.0067
0
format
-0.1528
0.1136
-1.3451
0.1786
re_subj
-2.8401
0.363
-7.824
0
(a) Write down the model using the coefficients from the model fit.log_odds(spam) = -0.8161 + -2.5651 + to_multiple + 1.5801 winner + -0.1528 format + -2.8401 re_subj(b) Suppose we have an observation where to_multiple=0, winner=1, format=0, and re_subj=0. What is the predicted probability that this message is spam?…
Chapter 3 Solutions
Elementary Statistics 7th.ed. Instructor's Review Copy
Ch. 3.1 - For each probability experiment, determine the...Ch. 3.1 - You ask for a students age at his or her last...Ch. 3.1 - Prob. 3TYCh. 3.1 - How many license plates can you make when a...Ch. 3.1 - You select a card from a standard deck of playing...Ch. 3.1 - In Example 6, determine the probability that the...Ch. 3.1 - Find the probability that the next user surveyed...Ch. 3.1 - Based on previous counts, the probability of a...Ch. 3.1 - Use the frequency distribution in Example 7 to...Ch. 3.1 - Find the probability of tossing a tail and...
Ch. 3.1 - Your college identification number consists of...Ch. 3.1 - What is the difference between an outcome and an...Ch. 3.1 - Determine whether each number could represent the...Ch. 3.1 - Explain why the statement is incorrect: The...Ch. 3.1 - When you use the Fundamental Counting Principle,...Ch. 3.1 - Describe the law of large numbers in your own...Ch. 3.1 - List the three formulas that can be used to...Ch. 3.1 - True or False? In Exercises 710, determine whether...Ch. 3.1 - True or False? In Exercises 710, determine whether...Ch. 3.1 - A probability of 110 indicates an unusual event.Ch. 3.1 - True or False? In Exercises 710, determine whether...Ch. 3.1 - Matching Probabilities In Exercises 1116, match...Ch. 3.1 - Matching Probabilities In Exercises 1116, match...Ch. 3.1 - Matching Probabilities In Exercises 1116, match...Ch. 3.1 - Matching Probabilities In Exercises 1116, match...Ch. 3.1 - Matching Probabilities In Exercises 1116, match...Ch. 3.1 - Matching Probabilities In Exercises 1116, match...Ch. 3.1 - Finding the Probability of the Complement of an...Ch. 3.1 - Finding the Probability of the Complement of an...Ch. 3.1 - Finding the Probability of the Complement of an...Ch. 3.1 - Finding the Probability of the Complement of an...Ch. 3.1 - Finding the Probability of an Event In Exercises...Ch. 3.1 - Finding the Probability of an Event In Exercises...Ch. 3.1 - Finding the Probability of an Event In Exercises...Ch. 3.1 - Finding the Probability of an Event In Exercises...Ch. 3.1 - Identifying the Sample Space of a Probability...Ch. 3.1 - Identifying the Sample Space of a Probability...Ch. 3.1 - Identifying the Sample Space of a Probability...Ch. 3.1 - Identifying the Sample Space of a Probability...Ch. 3.1 - Identifying the Sample Space of a Probability...Ch. 3.1 - Identifying the Sample Space of a Probability...Ch. 3.1 - Identifying the Sample Space of a Probability...Ch. 3.1 - Identifying the Sample Space of a Probability...Ch. 3.1 - Identifying Simple Events In Exercises 3336,...Ch. 3.1 - Identifying Simple Events In Exercises 3336,...Ch. 3.1 - Identifying Simple Events In Exercises 3336,...Ch. 3.1 - Identifying Simple Events In Exercises 3336,...Ch. 3.1 - Using the Fundamental Counting Principle In...Ch. 3.1 - Using the Fundamental Counting Principle In...Ch. 3.1 - Using the Fundamental Counting Principle In...Ch. 3.1 - Using the Fundamental Counting Principle In...Ch. 3.1 - Finding Classical Probabilities In Exercises 4146,...Ch. 3.1 - Finding Classical Probabilities In Exercises 4146,...Ch. 3.1 - Finding Classical Probabilities In Exercises 4146,...Ch. 3.1 - Finding Classical Probabilities In Exercises 4146,...Ch. 3.1 - Finding Classical Probabilities In Exercises 4146,...Ch. 3.1 - Finding Classical Probabilities In Exercises 4146,...Ch. 3.1 - Finding Empirical Probabilities A polling...Ch. 3.1 - Finding Empirical Probabilities A polling...Ch. 3.1 - Using a Frequency Distribution to Find...Ch. 3.1 - Using a Frequency Distribution to Find...Ch. 3.1 - Using a Frequency Distribution to Find...Ch. 3.1 - Using a Frequency Distribution to Find...Ch. 3.1 - Classifying Types of Probability In Exercises...Ch. 3.1 - Classifying Types of Probability In Exercises...Ch. 3.1 - Classifying Types of Probability In Exercises...Ch. 3.1 - Classifying Types of Probability In Exercises...Ch. 3.1 - Classifying Types of Probability In Exercises...Ch. 3.1 - Classifying Types of Probability In Exercises...Ch. 3.1 - Finding the Probability of the Complement of an...Ch. 3.1 - Finding the Probability of the Complement of an...Ch. 3.1 - Finding the Probability of the Complement of an...Ch. 3.1 - Finding the Probability of the Complement of an...Ch. 3.1 - Using a Tree Diagram In Exercises 6366, a...Ch. 3.1 - Using a Tree Diagram In Exercises 6366, a...Ch. 3.1 - Using a Tree Diagram In Exercises 6366, a...Ch. 3.1 - Using a Tree Diagram In Exercises 6366, a...Ch. 3.1 - Access Code An access code consists of three...Ch. 3.1 - Access Code An access code consists of six...Ch. 3.1 - Wet or Dry? You are planning a three-day trip to...Ch. 3.1 - Wet or Dry? You are planning a three-day trip to...Ch. 3.1 - Prob. 71ECh. 3.1 - Wet or Dry? You are planning a three-day trip to...Ch. 3.1 - Graphical Analysis In Exercises 73 and 74, use the...Ch. 3.1 - Graphical Analysis In Exercises 73 and 74, use the...Ch. 3.1 - Using a Bar Graph to Find Probabilities In...Ch. 3.1 - Using a Bar Graph to Find Probabilities In...Ch. 3.1 - Using a Bar Graph to Find Probabilities In...Ch. 3.1 - Using a Bar Graph to Find Probabilities In...Ch. 3.1 - Prob. 79ECh. 3.1 - Prob. 80ECh. 3.1 - Prob. 81ECh. 3.1 - Prob. 82ECh. 3.1 - Using a Pie Chart to Find Probabilities In...Ch. 3.1 - Using a Pie Chart to Find Probabilities In...Ch. 3.1 - Prob. 85ECh. 3.1 - Using a Pie Chart to Find Probabilities In...Ch. 3.1 - College Football A stem-and-leaf plot for the...Ch. 3.1 - Individual Stock Price An individual stock is...Ch. 3.1 - Writing In Exercises 89 and 90, write a statement...Ch. 3.1 - Writing In Exercises 89 and 90, write a statement...Ch. 3.1 - Odds The chances of winning are often written in...Ch. 3.1 - Odds The chances of winning are often written in...Ch. 3.1 - Odds The chances of winning are often written in...Ch. 3.1 - Odds The chances of winning are often written in...Ch. 3.1 - Odds The chances of winning are often written in...Ch. 3.1 - Odds The chances of winning are often written in...Ch. 3.1 - Run the simulation using n = 1 without clicking...Ch. 3.1 - Run the applet to simulate the stock market...Ch. 3.2 - Refer to the survey in the second part of Example...Ch. 3.2 - Determine whether the events are independent or...Ch. 3.2 - 1. The probability that a salmon swims...Ch. 3.2 - The probability that a particular rotator cuff...Ch. 3.2 - In a jury selection pool, 65% of the people are...Ch. 3.2 - What is the difference between independent and...Ch. 3.2 - Give an example of (a) two events that are...Ch. 3.2 - What does the notation P(B|A) mean?Ch. 3.2 - Explain how to use the complement to find the...Ch. 3.2 - True or False? In Exercises 5 and 6, determine...Ch. 3.2 - True or False? In Exercises 5 and 6, determine...Ch. 3.2 - Finding Conditional Probabilities In Exercises 7...Ch. 3.2 - Finding Conditional Probabilities In Exercises 7...Ch. 3.2 - Classifying Events as Independent or Dependent In...Ch. 3.2 - Classifying Events as Independent or Dependent In...Ch. 3.2 - Classifying Events as Independent or Dependent In...Ch. 3.2 - Classifying Events as Independent or Dependent In...Ch. 3.2 - Classifying Events as Independent or Dependent In...Ch. 3.2 - Classifying Events as Independent or Dependent In...Ch. 3.2 - Classifying Events Based on Studies In Exercises...Ch. 3.2 - Classifying Events Based on Studies In Exercises...Ch. 3.2 - Classifying Events Based on Studies In Exercises...Ch. 3.2 - Classifying Events Based on Studies In Exercises...Ch. 3.2 - Using the Multiplication Rule In Exercises 1932,...Ch. 3.2 - Using the Multiplication Rule In Exercises 1932,...Ch. 3.2 - BRCA1 Gene Research has shown that approximately 1...Ch. 3.2 - Pickup Trucks In a survey, 510 U.S. adults were...Ch. 3.2 - Celebrities as Role Models In a sample of 1000...Ch. 3.2 - Knowing a Murder Victim In a sample of 1000 U.S....Ch. 3.2 - Best President In a sample of 1446 U.S. registered...Ch. 3.2 - Worst President In a sample of 1446 U.S....Ch. 3.2 - Blood Types The probability that an African...Ch. 3.2 - Blood Types The probability that a Caucasian...Ch. 3.2 - In Vitro Fertilization In a recent year, about...Ch. 3.2 - Lottery Tickets According to a survey, 49% of U.S....Ch. 3.2 - Digital Content in Schools According to a study,...Ch. 3.2 - Surviving Surgery A doctor gives a patient a 60%...Ch. 3.2 - According to Bayes Theorem, the probability of...Ch. 3.2 - According to Bayes Theorem, the probability of...Ch. 3.2 - According to Bayes Theorem, the probability of...Ch. 3.2 - According to Bayes Theorem, the probability of...Ch. 3.2 - According to Bayes Theorem, the probability of...Ch. 3.2 - Prob. 38ECh. 3.2 - Reliability of Testing A virus infects one in...Ch. 3.2 - Birthday Problem You are in a class that has 24...Ch. 3.2 - In Exercises 41 and 42, use the information below....Ch. 3.2 - In Exercises 41 and 42, use the information below....Ch. 3.3 - Determine whether the events are mutually...Ch. 3.3 - 1. A die is rolled. Find the probability of...Ch. 3.3 - Find the probability that the sales representative...Ch. 3.3 - 1. Find the probability that a donor selected at...Ch. 3.3 - Find the probability that a randomly selected...Ch. 3.3 - When two events are mutually exclusive, why is P(A...Ch. 3.3 - Give an example of (a) two events that are...Ch. 3.3 - True or False? In Exercises 36, determine whether...Ch. 3.3 - A die is rolled. Find the probability of rolling a...Ch. 3.3 - True or False? In Exercises 36, determine whether...Ch. 3.3 - True or False? In Exercises 36, determine whether...Ch. 3.3 - Graphical Analysis In Exercises 7 and 8, determine...Ch. 3.3 - Graphical Analysis In Exercises 7 and 8, determine...Ch. 3.3 - Recognizing Mutually Exclusive Events In Exercises...Ch. 3.3 - Recognizing Mutually Exclusive Events In Exercises...Ch. 3.3 - Recognizing Mutually Exclusive Events In Exercises...Ch. 3.3 - Recognizing Mutually Exclusive Events In Exercises...Ch. 3.3 - Students A physics class has 40 students. Of...Ch. 3.3 - Conference A teaching conference has an attendance...Ch. 3.3 - Carton Defects Of the cartons produced by a...Ch. 3.3 - Can Defects Of the cans produced by a company, 96%...Ch. 3.3 - Selecting a Card A card is selected at random from...Ch. 3.3 - Rolling a Die You roll a die. Find the probability...Ch. 3.3 - 19. U.S. Age Distribution The estimated percent...Ch. 3.3 - 20. Marijuana Use The percent of college students...Ch. 3.3 - Media Conduct The responses of 1254 voters to a...Ch. 3.3 - Brexit The responses of 1007 American adults to a...Ch. 3.3 - Business Degrees The table shows the numbers of...Ch. 3.3 - Education Tax The table shows the results of a...Ch. 3.3 - Charity The table shows the results of a survey...Ch. 3.3 - Eye Surrey The table shows the results of a survey...Ch. 3.3 - In the Venn diagram shown at the left, P(A or B or...Ch. 3.3 - Prob. 28ECh. 3.3 - Prob. 29ECh. 3.3 - Writing Can two events with nonzero probabilities...Ch. 3.3 - Run the simulation using each value of n one time....Ch. 3.3 - Prob. 2ACh. 3.3 - Find the probability that a randomly selected...Ch. 3.3 - Compare the probabilities from Exercise 1. 1. Find...Ch. 3.3 - A representative is selected at random. Find the...Ch. 3.3 - Among members of the House of Representatives, are...Ch. 3.3 - A senator is selected at random. Find the...Ch. 3.3 - Among members of the Senate, are the events being...Ch. 3.3 - Using the same row and column headings as the...Ch. 3.3 - A member of Congress is selected at random. Use...Ch. 3.4 - The Big 12 is a collegiate athletic conference...Ch. 3.4 - A psychologist shows a list of eight activities to...Ch. 3.4 - The board of directors of a company has 12...Ch. 3.4 - The contractor wants to plant six oak trees, nine...Ch. 3.4 - The manager of an accounting department wants to...Ch. 3.4 - A student advisory board consists of 20 members....Ch. 3.4 - Find the probability of being dealt 5 diamonds...Ch. 3.4 - A jury consists of five men and seven women. Three...Ch. 3.4 - Prob. 1ECh. 3.4 - When you calculate the number of combinations of r...Ch. 3.4 - Prob. 3ECh. 3.4 - True or False? In Exercises 36, determine whether...Ch. 3.4 - True or False? In Exercises 36, determine whether...Ch. 3.4 - True or False? In Exercises 36, determine whether...Ch. 3.4 - In Exercises 714, perform the indicated...Ch. 3.4 - In Exercises 714, perform the indicated...Ch. 3.4 - In Exercises 714, perform the indicated...Ch. 3.4 - In Exercises 714, perform the indicated...Ch. 3.4 - In Exercises 714, perform the indicated...Ch. 3.4 - Prob. 12ECh. 3.4 - In Exercises 714, perform the indicated...Ch. 3.4 - Prob. 14ECh. 3.4 - In Exercises 1518, determine whether the situation...Ch. 3.4 - In Exercises 1518, determine whether the situation...Ch. 3.4 - In Exercises 1518, determine whether the situation...Ch. 3.4 - In Exercises 1518, determine whether the situation...Ch. 3.4 - Video Games You have seven different video games....Ch. 3.4 - Skiing Eight people compete in a downhill ski...Ch. 3.4 - Security Code In how many ways can the letters A,...Ch. 3.4 - Starting Lineup The starting lineup for a softball...Ch. 3.4 - Footrace There are 50 runners in a race. How many...Ch. 3.4 - Singing Competition There are 16 finalists in a...Ch. 3.4 - Playlist A DJ is preparing a playlist of 24 songs....Ch. 3.4 - Archaeology Club An archaeology club has 38...Ch. 3.4 - Blood Donors At a blood drive, 8 donors with type...Ch. 3.4 - Necklaces You are putting 9 pieces of blue beach...Ch. 3.4 - Letters In how many distinguishable ways can the...Ch. 3.4 - Computer Science A byte is a sequence of eight...Ch. 3.4 - Experimental Group In order to conduct an...Ch. 3.4 - Jury Selection From a group of 36 people, a jury...Ch. 3.4 - Students A class has 40 students. In how many...Ch. 3.4 - Lottery Number Selection A lottery has 52 numbers....Ch. 3.4 - Menu A restaurant offers a dinner special that...Ch. 3.4 - Floral Arrangements A floral arrangement consists...Ch. 3.4 - Water Pollution An environmental agency is...Ch. 3.4 - Property Inspection A property inspector is...Ch. 3.4 - Senate Committee The U.S. Senate Committee on...Ch. 3.4 - University Committee The University of California...Ch. 3.4 - Horse Race A horse race has 12 entries. Assuming...Ch. 3.4 - Pizza Toppings A pizza shop offers nine toppings....Ch. 3.4 - Jukebox You look over the songs on a jukebox and...Ch. 3.4 - Officers The offices of president, vice president,...Ch. 3.4 - Food Allergies or Intolerances In Exercises 4548,...Ch. 3.4 - Food Allergies or Intolerances In Exercises 4548,...Ch. 3.4 - Food Allergies or Intolerances In Exercises 4548,...Ch. 3.4 - Food Allergies or Intolerances In Exercises 4548,...Ch. 3.4 - Lottery In a state lottery, you must correctly...Ch. 3.4 - Committee A company that has 200 employees chooses...Ch. 3.4 - Warehouse In Exercises 5154, a warehouse employs...Ch. 3.4 - Warehouse In Exercises 5154, a warehouse employs...Ch. 3.4 - Warehouse In Exercises 5154, a warehouse employs...Ch. 3.4 - Warehouse In Exercises 5154, a warehouse employs...Ch. 3.4 - Defective Units A shipment of 10 microwave ovens...Ch. 3.4 - Defective Disks A pack of 100 recordable DVDs...Ch. 3.4 - Employee Selection Four sales representatives for...Ch. 3.4 - Employee Selection Four sales representatives for...Ch. 3.4 - Cards In Exercises 5962, you are dealt a hand of...Ch. 3.4 - Cards In Exercises 5962, you are dealt a hand of...Ch. 3.4 - Prob. 61ECh. 3.4 - Cards In Exercises 5962, you are dealt a hand of...Ch. 3 - A Daily Number lottery has a three-digit number...Ch. 3 - A Daily Number lottery has a three-digit number...Ch. 3 - A Daily Number lottery has a three-digit number...Ch. 3 - In Exercises 14, identify the sample space of the...Ch. 3 - In Exercises 14, identify the sample space of the...Ch. 3 - In Exercises 14, identify the sample space of the...Ch. 3 - In Exercises 14, identify the sample space of the...Ch. 3 - In Exercises 5 and 6, use the Fundamental Counting...Ch. 3 - In Exercises 5 and 6, use the Fundamental Counting...Ch. 3 - In Exercises 712, classify the statement as an...Ch. 3 - In Exercises 712, classify the statement as an...Ch. 3 - In Exercises 712, classify the statement as an...Ch. 3 - In Exercises 712, classify the statement as an...Ch. 3 - In Exercises 712, classify the statement as an...Ch. 3 - In Exercises 712, classify the statement as an...Ch. 3 - In Exercises 13 and 14, use the table, which shows...Ch. 3 - In Exercises 13 and 14, use the table, which shows...Ch. 3 - Telephone Numbers The telephone numbers for a...Ch. 3 - Telephone Numbers The telephone numbers for a...Ch. 3 - In Exercises 17 and 18, use the table, which shows...Ch. 3 - In Exercises 17 and 18, use the table, which shows...Ch. 3 - In Exercises 1922, determine whether the events...Ch. 3 - In Exercises 1922, determine whether the events...Ch. 3 - Prob. 3.2.21RECh. 3 - Prob. 3.2.22RECh. 3 - Prob. 3.2.23RECh. 3 - Your sock drawer has 18 folded pairs of socks,...Ch. 3 - In Exercises 25 and 26, determine whether the...Ch. 3 - In Exercises 25 and 26, determine whether the...Ch. 3 - A random sample of 250 working adults found that...Ch. 3 - A sample of 6500 automobiles found that 1560 of...Ch. 3 - Prob. 3.3.29RECh. 3 - In Exercises 2932, find the probability. 30. A...Ch. 3 - Prob. 3.3.31RECh. 3 - Prob. 3.3.32RECh. 3 - In Exercises 33 and 34, use the pie chart at the...Ch. 3 - In Exercises 33 and 34, use the pie chart at the...Ch. 3 - In Exercises 3538, use the Pareto chart, which...Ch. 3 - In Exercises 3538, use the Pareto chart, which...Ch. 3 - In Exercises 3538, use the Pareto chart, which...Ch. 3 - In Exercises 3538, use the Pareto chart, which...Ch. 3 - In Exercises 2932, find the probability. 39. You...Ch. 3 - You are given that P(A or B) = 0.55 and P(A) +...Ch. 3 - Prob. 3.4.41RECh. 3 - Prob. 3.4.42RECh. 3 - Prob. 3.4.43RECh. 3 - Prob. 3.4.44RECh. 3 - Prob. 3.4.45RECh. 3 - Prob. 3.4.46RECh. 3 - Prob. 3.4.47RECh. 3 - Prob. 3.4.48RECh. 3 - In Exercises 4953, use counting principles to find...Ch. 3 - In Exercises 4953, use counting principles to find...Ch. 3 - A shipment of 200 calculators contains 3 defective...Ch. 3 - A class of 40 students takes a statistics exam....Ch. 3 - Prob. 3.4.53RECh. 3 - Take this quiz as you would take a quiz in class....Ch. 3 - The table shows the numbers (in thousands) of...Ch. 3 - The table shows the numbers (in thousands) of...Ch. 3 - Determine whether the events are mutually...Ch. 3 - From a pool of 30 candidates, the offices of...Ch. 3 - A shipment of 250 netbooks contains 3 defective...Ch. 3 - In Exercise 6. find the probability of the vending...Ch. 3 - Sixty-five runners compete in a 10k race. Your...Ch. 3 - A security code consists of a persons first and...Ch. 3 - Determine whether the events are mutually...Ch. 3 - The table shows the sixth, seventh, and eighth...Ch. 3 - The table shows the sixth, seventh, and eighth...Ch. 3 - A person is selected at random from the sample in...Ch. 3 - There are 16 students giving final presentations...Ch. 3 - You work in the security department of a banks...Ch. 3 - You work in the security department of a banks...Ch. 3 - You work in the security department of a banks...Ch. 3 - How many phrases did Mozart write to create the...Ch. 3 - How many possible variations are there in Mozarts...Ch. 3 - Prob. 3TCh. 3 - Use technology to randomly select two numbers from...
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- The details of the clock sales at a supermarket for the past 6 weeks are shown in the table below. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. The simple moving average value of k is set at 2. If the smoothing constant is assumed to be 0.7, and setting F1 and F2=A1, what is the exponential smoothing sales forecast for week 7? Round to the nearest whole number. Week Units sold 1 88 2 44 3 54 4 65 5 72 6 85 Question content area bottom Part 1 A. 80 clocks B. 60 clocks C. 70 clocks D. 50 clocksarrow_forwardThe details of the clock sales at a supermarket for the past 6 weeks are shown in the table below. The time series appears to be relatively stable, without trend, seasonal, or cyclical effects. The simple moving average value of k is set at 2. Calculate the value of the simple moving average mean absolute percentage error. Round to two decimal places. Week Units sold 1 88 2 44 3 54 4 65 5 72 6 85 Part 1 A. 14.39 B. 25.56 C. 23.45 D. 20.90arrow_forwardThe accompanying data shows the fossil fuels production, fossil fuels consumption, and total energy consumption in quadrillions of BTUs of a certain region for the years 1986 to 2015. Complete parts a and b. Year Fossil Fuels Production Fossil Fuels Consumption Total Energy Consumption1949 28.748 29.002 31.9821950 32.563 31.632 34.6161951 35.792 34.008 36.9741952 34.977 33.800 36.7481953 35.349 34.826 37.6641954 33.764 33.877 36.6391955 37.364 37.410 40.2081956 39.771 38.888 41.7541957 40.133 38.926 41.7871958 37.216 38.717 41.6451959 39.045 40.550 43.4661960 39.869 42.137 45.0861961 40.307 42.758 45.7381962 41.732 44.681 47.8261963 44.037 46.509 49.6441964 45.789 48.543 51.8151965 47.235 50.577 54.0151966 50.035 53.514 57.0141967 52.597 55.127 58.9051968 54.306 58.502 62.4151969 56.286…arrow_forward
- The accompanying data shows the fossil fuels production, fossil fuels consumption, and total energy consumption in quadrillions of BTUs of a certain region for the years 1986 to 2015. Complete parts a and b. Year Fossil Fuels Production Fossil Fuels Consumption Total Energy Consumption1949 28.748 29.002 31.9821950 32.563 31.632 34.6161951 35.792 34.008 36.9741952 34.977 33.800 36.7481953 35.349 34.826 37.6641954 33.764 33.877 36.6391955 37.364 37.410 40.2081956 39.771 38.888 41.7541957 40.133 38.926 41.7871958 37.216 38.717 41.6451959 39.045 40.550 43.4661960 39.869 42.137 45.0861961 40.307 42.758 45.7381962 41.732 44.681 47.8261963 44.037 46.509 49.6441964 45.789 48.543 51.8151965 47.235 50.577 54.0151966 50.035 53.514 57.0141967 52.597 55.127 58.9051968 54.306 58.502 62.4151969 56.286…arrow_forwardThe accompanying data shows the fossil fuels production, fossil fuels consumption, and total energy consumption in quadrillions of BTUs of a certain region for the years 1986 to 2015. Complete parts a and b. Develop line charts for each variable and identify the characteristics of the time series (that is, random, stationary, trend, seasonal, or cyclical). What is the line chart for the variable Fossil Fuels Production?arrow_forwardThe accompanying data shows the fossil fuels production, fossil fuels consumption, and total energy consumption in quadrillions of BTUs of a certain region for the years 1986 to 2015. Complete parts a and b. Year Fossil Fuels Production Fossil Fuels Consumption Total Energy Consumption1949 28.748 29.002 31.9821950 32.563 31.632 34.6161951 35.792 34.008 36.9741952 34.977 33.800 36.7481953 35.349 34.826 37.6641954 33.764 33.877 36.6391955 37.364 37.410 40.2081956 39.771 38.888 41.7541957 40.133 38.926 41.7871958 37.216 38.717 41.6451959 39.045 40.550 43.4661960 39.869 42.137 45.0861961 40.307 42.758 45.7381962 41.732 44.681 47.8261963 44.037 46.509 49.6441964 45.789 48.543 51.8151965 47.235 50.577 54.0151966 50.035 53.514 57.0141967 52.597 55.127 58.9051968 54.306 58.502 62.4151969 56.286…arrow_forward
- For each of the time series, construct a line chart of the data and identify the characteristics of the time series (that is, random, stationary, trend, seasonal, or cyclical). Month PercentApr 1972 4.97May 1972 5.00Jun 1972 5.04Jul 1972 5.25Aug 1972 5.27Sep 1972 5.50Oct 1972 5.73Nov 1972 5.75Dec 1972 5.79Jan 1973 6.00Feb 1973 6.02Mar 1973 6.30Apr 1973 6.61May 1973 7.01Jun 1973 7.49Jul 1973 8.30Aug 1973 9.23Sep 1973 9.86Oct 1973 9.94Nov 1973 9.75Dec 1973 9.75Jan 1974 9.73Feb 1974 9.21Mar 1974 8.85Apr 1974 10.02May 1974 11.25Jun 1974 11.54Jul 1974 11.97Aug 1974 12.00Sep 1974 12.00Oct 1974 11.68Nov 1974 10.83Dec 1974 10.50Jan 1975 10.05Feb 1975 8.96Mar 1975 7.93Apr 1975 7.50May 1975 7.40Jun 1975 7.07Jul 1975 7.15Aug 1975 7.66Sep 1975 7.88Oct 1975 7.96Nov 1975 7.53Dec 1975 7.26Jan 1976 7.00Feb 1976 6.75Mar 1976 6.75Apr 1976 6.75May 1976…arrow_forwardHi, I need to make sure I have drafted a thorough analysis, so please answer the following questions. Based on the data in the attached image, develop a regression model to forecast the average sales of football magazines for each of the seven home games in the upcoming season (Year 10). That is, you should construct a single regression model and use it to estimate the average demand for the seven home games in Year 10. In addition to the variables provided, you may create new variables based on these variables or based on observations of your analysis. Be sure to provide a thorough analysis of your final model (residual diagnostics) and provide assessments of its accuracy. What insights are available based on your regression model?arrow_forwardI want to make sure that I included all possible variables and observations. There is a considerable amount of data in the images below, but not all of it may be useful for your purposes. Are there variables contained in the file that you would exclude from a forecast model to determine football magazine sales in Year 10? If so, why? Are there particular observations of football magazine sales from previous years that you would exclude from your forecasting model? If so, why?arrow_forward
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