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Introductory Statistics (10th Edition)
10th Edition
ISBN: 9780321989178
Author: Neil A. Weiss
Publisher: PEARSON
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Textbook Question
Chapter 5.2, Problem 26E
Comparing Investments. Suppose that the random variables X and Y represent the amount of return on two different investments. Further suppose that the
- a. On average, is there a difference between the returns of the two investments? Explain your answer.
- b. Which investment is more conservative? Why?
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Students have asked these similar questions
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+
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Table 2: Crack Experiment for Exercise 2
A B C D Treatment Combination
(1)
Replicate
I II
7.037
6.376
14.707 15.219
|++++ 1
བྱ॰༤༠སྦྱོ སྦྱོཋཏྟཱུ
a
b
ab
11.635 12.089
17.273 17.815
с
ас
10.403 10.151
4.368 4.098
bc
abc
9.360 9.253
13.440 12.923
d
8.561 8.951
ad
16.867 17.052
bd
13.876 13.658
abd
19.824 19.639
cd
11.846 12.337
acd
6.125
5.904
bcd
11.190 10.935
abcd
15.653 15.053
Question 3
Continuation of Exercise 2. One of the variables in the experiment described in Exercise 2, heat treatment
method (C), is a categorical variable. Assume that the remaining factors are continuous.
(a) Write two regression models for predicting crack length, one for each level of the heat treatment method
variable. What differences, if any, do you notice in these two equations?
(b) Generate appropriate response surface contour plots for the two regression models in part (a).
(c) What set of conditions would you recommend for the factors A, B, and D if you use heat treatment method
C = +?
(d) Repeat…
Question 2
A nickel-titanium alloy is used to make components for jet turbine aircraft engines. Cracking is a potentially
serious problem in the final part because it can lead to nonrecoverable failure. A test is run at the parts producer
to determine the effect of four factors on cracks. The four factors are: pouring temperature (A), titanium content
(B), heat treatment method (C), amount of grain refiner used (D). Two replicates of a 24 design are run, and
the length of crack (in mm x10-2) induced in a sample coupon subjected to a standard test is measured. The
data are shown in Table 2.
1
(a) Estimate the factor effects. Which factor effects appear to be large?
(b) Conduct an analysis of variance. Do any of the factors affect cracking? Use a = 0.05.
(c) Write down a regression model that can be used to predict crack length as a function of the significant
main effects and interactions you have identified in part (b).
(d) Analyze the residuals from this experiment.
(e) Is there an…
A 24-1 design has been used to investigate the effect of four factors on the resistivity of a silicon wafer. The data
from this experiment are shown in Table 4.
Table 4: Resistivity Experiment for Exercise 5
Run
A
B
с
D
Resistivity
1
23
2
3
4
5
6
7
8
9
10
11
12
I+I+I+I+Oooo
0
0
||++TI++o000
33.2
4.6
31.2
9.6
40.6
162.4
39.4
158.6
63.4
62.6
58.7
0
0
60.9
3
(a) Estimate the factor effects. Plot the effect estimates on a normal probability scale.
(b) Identify a tentative model for this process. Fit the model and test for curvature.
(c) Plot the residuals from the model in part (b) versus the predicted resistivity. Is there any indication on
this plot of model inadequacy?
(d) Construct a normal probability plot of the residuals. Is there any reason to doubt the validity of the
normality assumption?
Chapter 5 Solutions
Introductory Statistics (10th Edition)
Ch. 5.1 - Fill in the blanks. a. A relative-frequency...Ch. 5.1 - Provide an example (other than one discussed in...Ch. 5.1 - Let X denote the number of siblings of a randomly...Ch. 5.1 - Fill in the blank. For a discrete random variable,...Ch. 5.1 - Suppose that you make a large number of...Ch. 5.1 - What rule of probability permits you to obtain any...Ch. 5.1 - A variable x of a finite population has the...Ch. 5.1 - A variable y of a finite population has the...Ch. 5.1 - A variable y of a finite population has the...Ch. 5.1 - A variable x of a finite population has the...
Ch. 5.1 - Space Shuttles. The National Aeronautics and Space...Ch. 5.1 - Persons per Housing Unit. From the document...Ch. 5.1 - Major Hurricanes. The Atlantic Hurricane Database...Ch. 5.1 - Childrens Gender. A certain couple is equally...Ch. 5.1 - Dice. When two balanced dice are rolled, 36...Ch. 5.1 - World Series. The World Series in baseball is won...Ch. 5.1 - Archery. An archer shoots an arrow into a square...Ch. 5.1 - Solar Eclipses. The World Almanac provides...Ch. 5.1 - Black Bear Litters. In the article Reproductive...Ch. 5.1 - All-Numeric Passwords. The technology consultancy...Ch. 5.1 - Suppose that P(Z 1.96) = 0.025. Find P(Z 1.96)....Ch. 5.1 - Suppose that T and Z are random variables. a. If...Ch. 5.1 - Prob. 23ECh. 5.2 - What concept does the mean of a discrete random...Ch. 5.2 - Comparing Investments. Suppose that the random...Ch. 5.2 - In Exercises 5.275.30, we have provided the...Ch. 5.2 - In Exercises 5.275.30, we have provided the...Ch. 5.2 - In Exercises 5.275.30, we have provided the...Ch. 5.2 - In Exercises 5.275.30, we have provided the...Ch. 5.2 - In Exercises 5.315.35, we have provided the...Ch. 5.2 - In Exercises 5.315.35, we have provided the...Ch. 5.2 - In Exercises 5.315.35, we have provided the...Ch. 5.2 - In Exercises 5.315.35, we have provided the...Ch. 5.2 - In Exercises 5.315.35, we have provided the...Ch. 5.2 - World Series. The World Series in baseball is won...Ch. 5.2 - Archery. An archer shoots an arrow into a square...Ch. 5.2 - All-Numeric Passwords. The technology consultancy...Ch. 5.2 - Expected Value. As noted in Definition 5.4 on page...Ch. 5.2 - Evaluating Investments. An investor plans to put...Ch. 5.2 - Homeowners Policy. An insurance company wants to...Ch. 5.2 - Prob. 42ECh. 5.2 - Equipment Breakdowns. A factory manager collected...Ch. 5.2 - Simulation. Let X be the value of a randomly...Ch. 5.2 - Mean as Center of Gravity. Let X be a discrete...Ch. 5.2 - Equipment Breakdowns. Refer to Exercise 5.43....Ch. 5.2 - Equipment Breakdowns. The factory manager in...Ch. 5.3 - In probability and statistics, what is each...Ch. 5.3 - Under what three conditions are repeated trials of...Ch. 5.3 - Explain the significance of binomial coefficients...Ch. 5.3 - Discuss the pros and cons of binomial probability...Ch. 5.3 - What is the binomial distribution?Ch. 5.3 - Suppose that a simple random sample is taken from...Ch. 5.3 - Give two examples of Bernoulli trials other than...Ch. 5.3 - What does the bi in binomial signify?Ch. 5.3 - Compute 3!, 7!, 8!, and 9!.Ch. 5.3 - Find 1!, 2!, 4!, and 6!.Ch. 5.3 - Evaluate the following binomial coefficients. a....Ch. 5.3 - Evaluate the following binomial coefficients. a....Ch. 5.3 - Evaluate the following binomial coefficients. a....Ch. 5.3 - Determine the value of each binomial coefficient....Ch. 5.3 - For each of the following probability histograms...Ch. 5.3 - For each of the following probability histograms...Ch. 5.3 - Pinworm Infestation. Pinworm infestation, which is...Ch. 5.3 - Psychiatric Disorders. The National Institute of...Ch. 5.3 - In each of Exercises 5.675.72, we have provided...Ch. 5.3 - In each of Exercises 5.675.72, we have provided...Ch. 5.3 - In each of Exercises 5.675.72, we have provided...Ch. 5.3 - In each of Exercises 5.675.72, we have provided...Ch. 5.3 - In each of Exercises 5.675.72, we have provided...Ch. 5.3 - In each of Exercises 5.675.72, we have provided...Ch. 5.3 - Prob. 73ECh. 5.3 - Psychiatric Disorders. Use Procedure 5.1 on page...Ch. 5.3 - Tossing a Coin. If we repeatedly toss a balanced...Ch. 5.3 - Rolling a Die. If we repeatedly roll a balanced...Ch. 5.3 - Horse Racing. According to the Daily Racing Form,...Ch. 5.3 - Gestation Periods. The probability is 0.314 that...Ch. 5.3 - Traffic Fatalities and Intoxication. The National...Ch. 5.3 - Multiple-Choice Exams. A student takes a...Ch. 5.3 - Love Stinks? J. Fetto, in the article Love Stinks...Ch. 5.3 - Carbon Tax. A poll commissioned by Friends of the...Ch. 5.3 - Video Games. A pathological video game user (PVGU)...Ch. 5.3 - Recidivism. In the Scientific American article...Ch. 5.3 - Roulette. A success, s, in Bernoulli trials is...Ch. 5.3 - Sampling and the Binomial Distribution. Refer to...Ch. 5.3 - Sampling and the Binomial Distribution. Following...Ch. 5.3 - The Hypergeometric Distribution. In this exercise,...Ch. 5.3 - To illustrate, again consider the Mega Millions...Ch. 5.3 - To illustrate, consider the following problem:...Ch. 5.4 - Identify two uses of Poisson distributions.Ch. 5.4 - Why cant all the probabilities for a Poisson...Ch. 5.4 - For a Poisson random variable, what is the...Ch. 5.4 - What conditions should be satisfied in order to...Ch. 5.4 - Prob. 95ECh. 5.4 - Prob. 96ECh. 5.4 - In each of Exercises 5.965.99, we have provided...Ch. 5.4 - Prob. 98ECh. 5.4 - In each of Exercises 5.965.99, we have provided...Ch. 5.4 - Amusement Ride Safety. 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A ______ is a quantitative...Ch. 5 - Prob. 2RPCh. 5 - Prob. 3RPCh. 5 - If you sum the probabilities of the possible...Ch. 5 - A random variable X equals 2 with probability...Ch. 5 - A random variable X has mean 3.6. If you make a...Ch. 5 - Prob. 7RPCh. 5 - Prob. 8RPCh. 5 - Prob. 9RPCh. 5 - List the three requirements for repeated trials of...Ch. 5 - What is the relationship between Bernoulli trials...Ch. 5 - In 10 Bernoulli trials, how many outcomes contain...Ch. 5 - Craps. The game of craps is played by rolling two...Ch. 5 - Following are two probability histograms of...Ch. 5 - Prob. 15RPCh. 5 - Prob. 16RPCh. 5 - ASU Enrollment Summary. According to the Arizona...Ch. 5 - Prob. 18RPCh. 5 - Busy Phone Lines. Refer to the probability...Ch. 5 - Craps. Use the binomial probability formula to...Ch. 5 - Penalty Kicks. In the game of soccer, a penalty...Ch. 5 - Pets. According to JAVMA News, a publication of...Ch. 5 - Pets. Refer to Problem 22. a. Draw a probability...Ch. 5 - Prob. 24RPCh. 5 - Prob. 25RPCh. 5 - Meteoroids. In the article Interstellar Pelting...Ch. 5 - Emphysema. The respiratory disease emphysema,...Ch. 5 - Prob. 28RPCh. 5 - As we reported at the beginning of this chapter,...
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