Applied Statistics in Business and Economics
5th Edition
ISBN: 9780077837303
Author: David Doane, Lori Seward Senior Instructor of Operations Management
Publisher: McGraw-Hill Education
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Textbook Question
Chapter 3.4, Problem 11SE
(a) Use Excel to prepare a line chart to display the data on housing starts. Modify the default colors, fonts, etc., to make the display effective. (b) Describe the pattern, if any.
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Activities Assessments Class Progress lIE Library • Help v
The table below shows the prices (R) and quantities (kg) of rice, meat and potatoes items bought during 2013 and 2014:
2013
2014
P1Qo
PoQo
Q1Po P1Q1
Price
Ро
Quantity
Qo
Price
P1
Quantity
Q1
Rice
7
80
6
70
480
560
490
420
Meat
30
50
35
60
1 750
1 500
1 800
2 100
Potatoes
3
100
3
100
300
300
300
300
TOTAL
40
230
44
230
2 530
2 360
2 590
2 820
Instructions:
1 Corall dawn to tha bottom of thir ceraan urina se se tha haca nariad in archerca antarand cubmit
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ENG US
口X
2025/05
The table below indicates the number of years of experience of a sample of employees who work on a particular production line and the corresponding number of units of a good that each employee produced last month.
Years of Experience (x)
Number of Goods (y)
11
63
5
57
1
48
4
54
45
3
51
Q.1.1 By completing the table below and then applying the relevant formulae, determine the line of best fit for this bivariate data set.
Do NOT change the units for the variables.
X
y
X2
xy
Ex=
Ey=
EX2
EXY=
Q.1.2 Estimate the number of units of the good that would have been produced last month by an employee with 8 years of experience.
Q.1.3 Using your calculator, determine the coefficient of correlation for the data set.
Interpret your answer.
Q.1.4 Compute the coefficient of determination for the data set.
Interpret your answer.
Q.3.2 A sample of consumers was asked to name their favourite fruit. The results regarding the popularity of the different fruits are given in the following table.
Type of Fruit
Number of Consumers
Banana
25
Apple
20
Orange
5
TOTAL
50
Draw a bar chart to graphically illustrate the results given in the table.
Chapter 3 Solutions
Applied Statistics in Business and 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 - Prob. 3SECh. 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 - Prob. 16SECh. 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 - Prob. 29CECh. 3 - Below are batting averages of the New York Yankees...Ch. 3 - Download the full data set of measurements of...Ch. 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 - Prob. 36CECh. 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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