Statistics: The Art and Science of Learning from Data (4th Edition)
4th Edition
ISBN: 9780321997838
Author: Alan Agresti, Christine A. Franklin, Bernhard Klingenberg
Publisher: PEARSON
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Textbook Question
Chapter 3.4, Problem 52PB
Gestational period and life expectancy Does the life expectancy of animals depend on the length of their gestational period? The data in the Animals file on the book’s website show observations on the average longevity (in years) and average gestational period (in days) for 21 animals. (Source: Wildlife Conservation Society)
- a. Use the
scatterplot below to describe the association. Are there any unusual observations? - b. Using software, verify the given numbers for the
correlation and slope of the regression line shown on the plot. - c. Are there any outliers? If so, what makes the observations unusual? Would you expect any of them to be influential observations? Why or why not?
- d. Find the regression line and the correlation without one of the observations identified in part c. Compare your results to those in part b. Was the observation influential? Explain.
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We consider the one-period model studied in class as an example. Namely, we assumethat the current stock price is S0 = 10. At time T, the stock has either moved up toSt = 12 (with probability p = 0.6) or down towards St = 8 (with probability 1−p = 0.4).We consider a call option on this stock with maturity T and strike price K = 10. Theinterest rate on the money market is zero.As in class, we assume that you, as a customer, are willing to buy the call option on100 shares of stock for $120. The investor, who sold you the option, can adopt one of thefollowing strategies: Strategy 1: (seen in class) Buy 50 shares of stock and borrow $380. Strategy 2: Buy 55 shares of stock and borrow $430. Strategy 3: Buy 60 shares of stock and borrow $480. Strategy 4: Buy 40 shares of stock and borrow $280.(a) For each of strategies 2-4, describe the value of the investor’s portfolio at time 0,and at time T for each possible movement of the stock.(b) For each of strategies 2-4, does the investor have…
Negate the following compound statement using De Morgans's laws.
Chapter 3 Solutions
Statistics: The Art and Science of Learning from Data (4th Edition)
Ch. 3.1 - Which is the response/explanatory variable? For...Ch. 3.1 - Sales and advertising Each month, the owner of...Ch. 3.1 - Does higher income make you happy? Every General...Ch. 3.1 - Diamonds The clarity and cut of a diamond are two...Ch. 3.1 - Alcohol and college students The Harvard School of...Ch. 3.1 - How to fight terrorism? A survey of 1000 adult...Ch. 3.1 - Heaven and hell Two questions on the General...Ch. 3.1 - Prob. 8PBCh. 3.1 - Gender gap in party ID In recent election years,...Ch. 3.1 - Use the GSS Go to the GSS website...
Ch. 3.2 - Used cars and direction of association For the 100...Ch. 3.2 - Broadband and GDP The Internet Use data file on...Ch. 3.2 - Prob. 13PBCh. 3.2 - Politics and newspaper reading For the FL Student...Ch. 3.2 - Prob. 15PBCh. 3.2 - Match the scatterplot with r Match the following...Ch. 3.2 - Prob. 17PBCh. 3.2 - Prob. 18PBCh. 3.2 - Prob. 19PBCh. 3.2 - Prob. 20PBCh. 3.2 - Prob. 21PBCh. 3.2 - Prob. 22PBCh. 3.2 - Prob. 23PBCh. 3.3 - Sketch plots of lines Identify the values of the...Ch. 3.3 - Prob. 25PBCh. 3.3 - Home selling prices The House Selling Prices FL...Ch. 3.3 - Prob. 27PBCh. 3.3 - Prob. 28PBCh. 3.3 - Prob. 29PBCh. 3.3 - Broadband subscribers and population The Internet...Ch. 3.3 - Prob. 31PBCh. 3.3 - Prob. 32PBCh. 3.3 - Regression between cereal sodium and sugar The...Ch. 3.3 - Prob. 34PBCh. 3.3 - Advertising and sales Each month, the owner of...Ch. 3.3 - Midtermfinal correlation For students who take...Ch. 3.3 - Predict final exam from midterm In an introductory...Ch. 3.3 - NL baseball Example 9 related y = team scoring...Ch. 3.3 - Study time and college GPA A graduate teaching...Ch. 3.3 - Oil and GDP An article in the September 16, 2006,...Ch. 3.3 - Mountain bikes revisited Is there a relationship...Ch. 3.3 - Mountain bike and suspension type Refer to the...Ch. 3.3 - Fuel Consumption Most cars are fuel efficient when...Ch. 3.4 - Extrapolating murder The SPSS figure shows the...Ch. 3.4 - Mens Olympic long jumps The Olympic winning mens...Ch. 3.4 - U.S. average annual temperatures Use the U.S....Ch. 3.4 - Murder and education Example 13 found the...Ch. 3.4 - Murder and poverty For Table 3.6, the regression...Ch. 3.4 - TV watching and the birth rate The figure shows...Ch. 3.4 - Looking for outliers Using software, analyze the...Ch. 3.4 - Regression between cereal sodium and sugar Let x =...Ch. 3.4 - Gestational period and life expectancy Does the...Ch. 3.4 - Antidrug campaigns An Associated Press story (June...Ch. 3.4 - Whats wrong with regression? Explain whats wrong...Ch. 3.4 - Education causes crime? The table shows a small...Ch. 3.4 - Death penalty and race The table shows results of...Ch. 3.4 - NAEP scores Eighth-grade math scores on the...Ch. 3.4 - Age a confounder? A study observes that the...Ch. 3 - Choose explanatory and response For the following...Ch. 3 - Graphing data For each case in the previous...Ch. 3 - Life after death for males and females In a recent...Ch. 3 - God and happiness Go to the GSS website...Ch. 3 - Degrees and income The mean annual salaries earned...Ch. 3 - Bacteria in ground turkey Consumer Reports...Ch. 3 - Women managers in the work force The following...Ch. 3 - RateMyProfessor.com The website RateMyProfessors....Ch. 3 - Women in government and economic life The OECD...Ch. 3 - African droughts and dust Is there a relationship...Ch. 3 - Crime rate and urbanization For the data in...Ch. 3 - Gestational period and life expectancy revisited...Ch. 3 - Height and paycheck The headline of an article in...Ch. 3 - Predicting college GPA An admissions officer...Ch. 3 - College GPA = high school GPA Refer to the...Ch. 3 - Whats a college degree worth? In 2002, a census...Ch. 3 - Care Weight and gas hogs: The table shows a short...Ch. 3 - Predicting Internet use from cell phone use We now...Ch. 3 - Income depends on education? For a study of...Ch. 3 - Fertility and GDP Refer to the Human Development...Ch. 3 - Women working and birth rate Using data from...Ch. 3 - Education and income The regression equation for a...Ch. 3 - Income in euros Refer to the previous exercise....Ch. 3 - Changing units for cereal data Refer to the Cereal...Ch. 3 - Murder and single-parent families For Table 3.6 on...Ch. 3 - Violent crime and college education For the U.S....Ch. 3 - Violent crime and high school education Repeat the...Ch. 3 - Crime and urbanization For the U.S. Statewide...Ch. 3 - High school graduation rates and health insurance...Ch. 3 - Womens Olympic high jumps Example 11 discussed how...Ch. 3 - Income and height A survey of adults revealed a...Ch. 3 - More TV watching goes with fewer babies? For...Ch. 3 - More sleep causes death? An Associated Press story...Ch. 3 - Ask Marilyn Marilyn vos Savant writes a column for...Ch. 3 - Time studying and GPA Is there a relationship...Ch. 3 - Warming in Newnan, Georgia Access the Newnan GA...Ch. 3 - Fluoride and AIDS An Associated Press story...Ch. 3 - Fish fights Alzheimers An AP story (July 22, 2003)...Ch. 3 - Dogs make you healthier A study published in the...Ch. 3 - Multiple choice: Correlate GPA and GRE In a study...Ch. 3 - Multiple choice: Properties of r Which of the...Ch. 3 - Multiple choice: Interpreting r One can interpret...Ch. 3 - Multiple choice: Correct statement about r Which...Ch. 3 - Multiple choice: Describing association between...Ch. 3 - Multiple choice: Slope and correlation The slope...Ch. 3 - Multiple choice: Interpretation of r2 An r2...Ch. 3 - True or false The variables y = annual income...Ch. 3 - Correlation doesnt depend on units Suppose you...Ch. 3 - When correlation = slope Consider the formula...Ch. 3 - Center of the data Consider the formula a=ybx for...Ch. 3 - Final exam regresses toward mean of midterm Let y...Ch. 3 - Activity: Guess the correlation The Guess the...
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