EBK STATISTICS FOR BUSINESS & ECONOMICS
13th Edition
ISBN: 8220101456380
Author: Anderson
Publisher: CENGAGE L
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Chapter 4.4, Problem 34E
The bureau of Transportation Statistics reports on-time performance for airlines at major U.S. airports. JetBlue, united, and US Airways share terminal C at Boston’s Logan Airport. The percentage of on-time flights reported for August 2012 was 76.8% for JetBlue, 71.5% for United, and 82.2% for US Airways (Bureau of Transportation Statistics website, October 2012). Assume that 30% of the flights arriving at terminal C are JetBlue flights, 32% are united flights, and 38% are US Airways flights.
- a. Develop a joint
probability table with three rows (the airlines) and two columns (on-time and late). - b. An announcement is made that Flight 1382 will be arriving at gate 20 of terminal C. What is the probability that Flight 1382 will arrive on time?
- c. What is the most likely airline for Flight 1382? What is the probability that Flight 1382 is by this airline?
- d. Suppose that an announcement is made saying that Flight 1382 will now be arriving late. What is the most likely airline for this flight? What is the probability that Flight 1382 is by this airline?
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Please answer number 3 from a-c. Neglect the number 2 questions. Thanks.
As the leader of the sales team, you would like to increase the revenue brought by your team. You discovered a program for sales personnel that supposedly improve interpersonal skills and thus help settle deals with customers more often. You decide to send8 of your sales people for the training, and compare the amount they brought in sales in the month before they went and in the month after they received the training. The data are:
Xbefore: 400, 300, 1200, 2100, 700, 450, 650, 3400
Xafter: 1000, 400, 1000, 2500, 1200, 600, 800, 3000
A. Identify the appropriate statistical measure to use.
B. Conduct the test. Make a decision about the null hypothesis, interpret your results and calculate effect size if applicable. At ?=.05, can you report to upper management that the training worked? Or was it a waste of money?
C. Calculate 95% confidence intervals for the estimate of the difference.
On December 17, 2007 baseball writer John Hickey wrote an article for the Seattle P-I about increases to ticket prices for Seattle Mariners games during the 2008 season. The article included a data set that listed the average ticket price for each MLB team, the league in which the team plays (AL or NL), the number of wins during the 2007 season and the cost per win (in dollars). The data for the 16 National League teams are shown below.
team
league
price
wins
cost/win
Arizona Diamondbacks
NL
19.68
90
35.40
Atlanta Braves
NL
17.07
84
32.89
Chicago Cubs
NL
34.30
85
65.33
Cincinnati Reds
NL
17.90
72
40.32
Colorado Rockies
NL
14.72
90
26.67
Florida Marlins
NL
16.70
71
38.13
Houston Astros
NL
26.66
73
59.11
Los Angeles Dodgers
NL
20.09
82
34.64
Milwaukee Brewers
NL
18.11
83
35.37
N.Y. Mets
NL
25.28
88
46.56
Philadelphia Phillies
NL
26.73
89
48.69
Pittsburgh Pirates
NL
17.08
68
40.67
San Diego Padres
NL
20.83
89
38.15
San Francisco Giants
NL
24.53
71…
Chapter 4 Solutions
EBK STATISTICS FOR BUSINESS & ECONOMICS
Ch. 4.1 - An experiment has three steps with three outcomes...Ch. 4.1 - How many ways can three items be selected from a...Ch. 4.1 - How many permutations of three items can be...Ch. 4.1 - Consider the experiment of tossing a coin three...Ch. 4.1 - Suppose an experiment has five equally likely...Ch. 4.1 - An experiment with three outcomes has been...Ch. 4.1 - A decision maker subjectively assigned the...Ch. 4.1 - In the city of Milford, applications for zoning...Ch. 4.1 - Simple random sampling uses a sample of size n...Ch. 4.1 - The following table shows the percentage of...
Ch. 4.1 - The National Occupant Protection Use Survey...Ch. 4.1 - The Powerball lottery is played twice each week in...Ch. 4.1 - A company that manufactures toothpaste is studying...Ch. 4.2 - An experiment has four equally likely outcomes:...Ch. 4.2 - Consider the experiment of selecting a playing...Ch. 4.2 - Consider the experiment of rolling a pair of dice....Ch. 4.2 - Refer to the KPL sample points and sample point...Ch. 4.2 - Fortune magazine publishes an annual list of the...Ch. 4.2 - Do you think global warming will have an impact on...Ch. 4.2 - Junior Achievement USA and the Allstate Foundation...Ch. 4.2 - Data on U.S. work-related fatalities by cause...Ch. 4.3 - Suppose that we have a sample space with five...Ch. 4.3 - Suppose that we have a sample space S = {E1, E2,...Ch. 4.3 - Clarkson University surveyed alumni to learn more...Ch. 4.3 - The Eco Pulse survey from the marketing...Ch. 4.3 - Information about mutual funds provided by...Ch. 4.3 - What NCAA college basketball conferences have the...Ch. 4.3 - A survey of magazine subscribers showed that 45.8%...Ch. 4.3 - High school seniors with strong academic records...Ch. 4.4 - Suppose that we have two events, A and B, with...Ch. 4.4 - Assume that we have two events, A and B, that are...Ch. 4.4 - The automobile industry sold 657,000 vehicles in...Ch. 4.4 - Students taking the Graduate Management Admissions...Ch. 4.4 - The bureau of Transportation Statistics reports...Ch. 4.4 - To better understand how husbands and wives feel...Ch. 4.4 - Jamal Crawford of the National Basketball...Ch. 4.4 - A joint survey by Parade magazine and Yahoo! found...Ch. 4.4 - The Institute for Higher Education Policy, a...Ch. 4.5 - The prior probabilities for events A1 and A2 are...Ch. 4.5 - The prior probabilities for events A1, A2, and A3...Ch. 4.5 - A consulting firm submitted a bid for a large...Ch. 4.5 - A local bank reviewed its credit card policy with...Ch. 4.5 - In August 2012, tropical storm Isaac formed in the...Ch. 4.5 - ParFore created a website to market golf equipment...Ch. 4.5 - The percentage of adult users of the Internet who...Ch. 4 - A survey of adults aged 18 and older conducted by...Ch. 4 - A financial manager made two new investmentsone in...Ch. 4 - Forty-three percent of Americans use social media...Ch. 4 - A study of 31,000 hospital admissions in New York...Ch. 4 - A telephone survey to determine viewer response to...Ch. 4 - The U.S. Census Bureau serves as the leading...Ch. 4 - An MBA new-matriculants survey provided the...Ch. 4 - Refer again to the data from the MBA...Ch. 4 - In February 2012, the Pew Internet American Life...Ch. 4 - A large consumer goods company ran a television...Ch. 4 - Cooper Realty is a small real estate company...Ch. 4 - A company studied the number of lost-time...Ch. 4 - According to the Open Doors Report, 9.5% of all...Ch. 4 - An oil company purchased an option on land in...Ch. 4 - The five most common words appearing in spam...
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- On December 17, 2007 baseball writer John Hickey wrote an article for the Seattle P-I about increases to ticket prices for Seattle Mariners games during the 2008 season. The article included a data set that listed the average ticket price for each MLB team, the league in which the team plays (AL or NL), the number of wins during the 2007 season and the cost per win (in dollars). The data for the 16 National League teams are shown below. league price wins cost/win team Arizona Diamondbacks NL 19.68 90 35.40 Atlanta Braves NL 17.07 84 32.89 Chicago Cubs NL 34.30 85 65.33 cincinnati Reds NL 17.90 72 40.32 Colorado Rockies NL 14.72 90 26.67 Florida Marlins NL 16.70 71 38.13 Houston Astros NL 26.66 73 59.11 Los Angeles Dodgers 20.09 82 34.64 NL Milwaukee Brewers NL 18.11 83 35.37 N.Y. Mets NL 25.28 88 46.56 Philadelphia Phillies 26.73 89 48.69 NL Pittsburgh Pirates NL 17.08 68 40.67 San Diego Padres NL 20.83 89 38.15 San Francisco Giants NL 24.53 71 56.00 St. Louis Cardinals NL 29.78 78…arrow_forwardA student measuring how gasoline prices change records the cost of gas at 10 randomly selected stations in her hometown. One week later, she records the price again at the same 10 stations. Are these data paired or independent?arrow_forwardAccording to Zillow.com, the median sale price for homes in January for South Carolina, California, and Virginia over the last three years is given in the table below (measured in $100,000). able South Carolina California Virginia 2018 183 534 98 2019 193 555 94 2020 216 569 85 In South Carolina, realtors take 5.4% of the sale price on average as part of their commission. The average realtor commission rates in California and Virginia are 4.9% and 5.3%, respectively. Use matrix multiplication to find the total earned by realtors from their commissionsarrow_forward
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