UNDERSTANDING BASIC STATISTICS (LOOSE)
8th Edition
ISBN: 9781337558198
Author: BRASE
Publisher: CENGAGE L
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Chapter 4, Problem 3UTA
To determine
The equation of the least-squares line.
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Students have asked these similar questions
I just need to know why this is wrong below:
What is the test statistic W? W=5 (incorrect)
and
What is the p-value of this test? (p-value < 0.001-- incorrect)
Use the Wilcoxon signed rank test to test the hypothesis that the median number of pages in the statistics books in the library from which the sample was taken is 400. A sample of 12 statistics books have the following numbers of pages
pages
127
217
486
132
397
297
396
327
292
256
358
272
What is the sum of the negative ranks (W-)? 75 What is the sum of the positive ranks (W+)? 5What type of test is this? two tailedWhat is the test statistic W? 5 These are the critical values for a 1-tailed Wilcoxon Signed Rank test for n=12
Alpha Level
0.001
0.005
0.01
0.025
0.05
0.1
0.2
Critical Value
75
70
68
64
60
56
50
What is the p-value for this test? p-value < 0.001
ons
12. A sociologist hypothesizes that the crime rate is higher in areas
with higher poverty rate and lower median income. She col-
lects data on the crime rate (crimes per 100,000 residents),
the poverty rate (in %), and the median income (in $1,000s)
from 41 New England cities. A portion of the regression results
is shown in the following table.
Standard
Coefficients
error
t stat
p-value
Intercept
-301.62
549.71
-0.55 0.5864
Poverty
53.16
14.22
3.74 0.0006
Income
4.95
8.26
0.60 0.5526
a.
b.
Are the signs as expected on the slope coefficients?
Predict the crime rate in an area with a poverty rate of
20% and a median income of $50,000.
3. Using data from 50 work
2. The owner of several used-car dealerships believes that the
selling price of a used car can best be predicted using the car's
age. He uses data on the recent selling price (in $) and age of
20 used sedans to estimate Price = Po + B₁Age + ε. A portion
of the regression results is shown in the accompanying table.
Standard
Coefficients
Intercept
21187.94
Error
733.42
t Stat p-value
28.89 1.56E-16
Age
-1208.25
128.95 -9.37
2.41E-08
a. What is the estimate for B₁? Interpret this value.
b. What is the sample regression equation?
C. Predict the selling price of a 5-year-old sedan.
Chapter 4 Solutions
UNDERSTANDING BASIC STATISTICS (LOOSE)
Ch. 4.1 - Note: Answers may vary due to rounding....Ch. 4.1 - Note: Answers may vary due to rounding....Ch. 4.1 - Note: Answers may vary due to rounding....Ch. 4.1 - Note: Answers may vary due to rounding....Ch. 4.1 - Critical Thinking: Linear Correlation Look at the...Ch. 4.1 - Critical Thinking: Linear Correlation Look at the...Ch. 4.1 - Critical Thinking: Lurking Variables Over the past...Ch. 4.1 - Critical Thinking: Lurking Variables Over the past...Ch. 4.1 - Critical Thinking: Lurking Variables Over the past...Ch. 4.1 - Critical Thinking: Lurking Variables Over the past...
Ch. 4.1 - Interpretation Trevor conducted a study and found...Ch. 4.1 - Interpretation Do people who spend more time on...Ch. 4.1 - Veterinary Science: Shetland Ponies How much...Ch. 4.1 - Health Insurance:Administrative Cost The following...Ch. 4.1 - Meteorology: Cyclones Can a low barometer reading...Ch. 4.1 - Geology: Earthquakes Is the magnitude of an...Ch. 4.1 - Baseball: Batting Averages and Home Runs In...Ch. 4.1 - University Crime: FBI Report Do larger...Ch. 4.1 - Prob. 19PCh. 4.1 - Prob. 20PCh. 4.1 - Expand Your Knowledge: Using a Table to Test The...Ch. 4.1 - Expand Your Knowledge: Sample Size and...Ch. 4.1 - Prob. 23PCh. 4.2 - Statistical Literacy In the least-squares line...Ch. 4.2 - Statistical Literacy In the least squares line...Ch. 4.2 - Critical Thinking When we use a least-squares line...Ch. 4.2 - Critical Thinking If two variables have a negative...Ch. 4.2 - Critical Thinking: Interpreting Computer Printouts...Ch. 4.2 - Critical Thinking: Interpreting Computer Printouts...Ch. 4.2 - Economics: Entry-Level Jobs An economist is...Ch. 4.2 - Ranching: Cattle You are the foreman of the Bar-S...Ch. 4.2 - Weight of Car: Miles per Gallon Do heavier cars...Ch. 4.2 - Basketball: Fouls Data for this problem are based...Ch. 4.2 - Auto Accidents: Age Data for this problem are...Ch. 4.2 - Auto Accidents: Age Let x be the age of a licensed...Ch. 4.2 - Incoine: Medicai Care Let x be per capita income...Ch. 4.2 - Violent Crimes: Prisons Does prison really deter...Ch. 4.2 - Education: Violent Crime The following data are...Ch. 4.2 - Research: Patents The following data are based on...Ch. 4.2 - Archaeology: Artifacts Data for this problem are...Ch. 4.2 - Cricket Chirps: Temperature Anyone who has been...Ch. 4.2 - Expand Your Knowledge: Residual Plot The...Ch. 4.2 - Residual Plot: Miles per Gallon Consider the data...Ch. 4.2 - Expand Your knowledge: Logarithmic...Ch. 4.2 - Expand Your Knowledge: Logarithmic...Ch. 4.2 - Prob. 24PCh. 4.2 - Expand Your Knowledge: Logarithmic...Ch. 4 - Terminology Consider the equation of a...Ch. 4 - Terminology Consider the values of the sample...Ch. 4 - Terminology Suppose we have a set of ordered pairs...Ch. 4 - Terminology Consider the following terms in a...Ch. 4 - Statistical Literacy Suppose the scatter diagram...Ch. 4 - Critical Thinking Suppose you and a friend each...Ch. 4 - Statistical Literacy When using the least-squares...Ch. 4 - StatisticalLiteracy Suppose that for x = 3. the...Ch. 4 - In Problems 9-14, (a) Draw a scatter diagram for...Ch. 4 - In Problems 9-14, (a) Draw a scatter diagram for...Ch. 4 - In Problems 9-14, (a) Draw a scatter diagram for...Ch. 4 - In Problems 9-14, (a) Draw a scatter diagram for...Ch. 4 - In Problems 9-14, (a) Draw a scatter diagram for...Ch. 4 - In Problems 9-14, (a) Draw a scatter diagram for...Ch. 4 - Prob. 1UTACh. 4 - Prob. 2UTACh. 4 - Prob. 3UTACh. 4 - Prob. 4UTACh. 4 - The data in this section are taken from this...Ch. 4 - The data in this section are taken from this...
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