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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Chapter 5.8, Problem 46SE
(a) Find 8! without a calculator. Show your work. (b) Use your calculator to find 32!. (c) Find 32! by typing “32!” in the Google search window. (d) Which method would you use most often? Why?
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Chapter 5 Solutions
Applied Statistics in Business and Economics
Ch. 5.1 - A credit card customer at Barnes and Noble can use...Ch. 5.1 - A survey asked tax accounting firms their business...Ch. 5.1 - A baseball player bats either left-handed (L) or...Ch. 5.1 - A die is thrown (1, 2, 3, 4, 5, 6) and a coin is...Ch. 5.2 - Prob. 5SECh. 5.2 - Prob. 6SECh. 5.2 - Prob. 7SECh. 5.2 - Prob. 8SECh. 5.2 - Prob. 9SECh. 5.2 - Prob. 10SE
Ch. 5.2 - Prob. 11SECh. 5.2 - Prob. 12SECh. 5.3 - Prob. 13SECh. 5.3 - Are these events collectively exhaustive or not?...Ch. 5.3 - Prob. 15SECh. 5.3 - Given P(A) = .70, P(B) = .30, and P(A B) = .00,...Ch. 5.3 - Prob. 17SECh. 5.3 - Prob. 18SECh. 5.3 - Prob. 19SECh. 5.3 - Prob. 20SECh. 5.3 - Prob. 21SECh. 5.3 - Prob. 22SECh. 5.4 - Given P(J) = .26, P(K) = .48. If A and B are...Ch. 5.4 - Given P(A) = .40, P(B) = .50. If A and B are...Ch. 5.4 - Prob. 25SECh. 5.4 - Prob. 26SECh. 5.4 - Prob. 27SECh. 5.4 - Prob. 28SECh. 5.4 - The probability that a student has a Visa card...Ch. 5.4 - Bob sets two alarm clocks (battery-powered) to be...Ch. 5.4 - A hospitals backup power system has three...Ch. 5.4 - Over 1,000 people try to climb Mt. Everest every...Ch. 5.4 - Suppose 50 percent of the customers at Pizza...Ch. 5.5 - Prob. 34SECh. 5.5 - The contingency table below summarizes a survey of...Ch. 5.5 - Prob. 36SECh. 5.5 - A survey of 156 introductory statistics students...Ch. 5.5 - This contingency table describes 200 business...Ch. 5.5 - Based on the previous problem, is major...Ch. 5.5 - The following contingency table shows average...Ch. 5.6 - Of grocery shoppers who have a shopping cart, 70...Ch. 5.6 - A study showed that 60 percent of The Wall Street...Ch. 5.7 - A drug test for athletes has a 5 percent false...Ch. 5.7 - Half of a set of the parts are manufactured by...Ch. 5.7 - An airport gamma ray luggage scanner coupled with...Ch. 5.8 - (a) Find 8! without a calculator. Show your work....Ch. 5.8 - Prob. 47SECh. 5.8 - In the Minnesota Northstar Cash Drawing, you pick...Ch. 5.8 - Prob. 49SECh. 5.8 - Prob. 50SECh. 5.8 - Until 2005, the UPC bar code had 12 digits (09)....Ch. 5.8 - Bob has to study for four final exams: accounting...Ch. 5.8 - Prob. 53SECh. 5.8 - Prob. 54SECh. 5.8 - Prob. 55SECh. 5.8 - Prob. 56SECh. 5 - Prob. 1CRCh. 5 - Prob. 2CRCh. 5 - Prob. 3CRCh. 5 - Prob. 4CRCh. 5 - Prob. 5CRCh. 5 - Prob. 6CRCh. 5 - Prob. 7CRCh. 5 - In a contingency table, explain the concepts of...Ch. 5 - Prob. 9CRCh. 5 - Prob. 10CRCh. 5 - Prob. 11CRCh. 5 - Prob. 60CECh. 5 - Prob. 61CECh. 5 - A judge concludes that there is a 20 percent...Ch. 5 - Prob. 63CECh. 5 - Prob. 64CECh. 5 - In the first year after its release, 83 percent of...Ch. 5 - Prob. 66CECh. 5 - Prob. 67CECh. 5 - If Punxsutawney Phil sees his shadow on February...Ch. 5 - Prob. 69CECh. 5 - Bob owns two stocks. There is an 80 percent...Ch. 5 - Prob. 71CECh. 5 - A study showed that trained police officers can...Ch. 5 - The probability that a 2011 Audi A8 will be stolen...Ch. 5 - The probability of being struck by lightning is...Ch. 5 - Prob. 75CECh. 5 - A certain model of remote-control Stanley garage...Ch. 5 - (a) In a certain state, license plates consist of...Ch. 5 - Prob. 78CECh. 5 - Prob. 79CECh. 5 - Prob. 80CECh. 5 - Prob. 81CECh. 5 - A certain airplane has two independent alternators...Ch. 5 - Prob. 83CECh. 5 - Prob. 84CECh. 5 - A turboprop aircraft has two attitude gyroscopes,...Ch. 5 - Which are likely to be independent events? For...Ch. 5 - In child-custody cases, about 70 percent of the...Ch. 5 - A web server hosting company advertises 99.999...Ch. 5 - Prob. 89CECh. 5 - The probability is 1 in 4,000,000 that a single...Ch. 5 - Prob. 91CECh. 5 - Prob. 92CECh. 5 - Four students divided the task of surveying the...Ch. 5 - Refer to the contingency table shown below. (a)...Ch. 5 - Prob. 95CECh. 5 - High levels of cockpit noise in an aircraft can...Ch. 5 - Prob. 97CECh. 5 - A biometric security device using fingerprints...Ch. 5 - Dolon Web Security Consultants requires all job...
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- 2. [20] Let {X1,..., Xn} be a random sample from Ber(p), where p = (0, 1). Consider two estimators of the parameter p: 1 p=X_and_p= n+2 (x+1). For each of p and p, find the bias and MSE.arrow_forward1. [20] The joint PDF of RVs X and Y is given by xe-(z+y), r>0, y > 0, fx,y(x, y) = 0, otherwise. (a) Find P(0X≤1, 1arrow_forward4. [20] Let {X1,..., X} be a random sample from a continuous distribution with PDF f(x; 0) = { Axe 5 0, x > 0, otherwise. where > 0 is an unknown parameter. Let {x1,...,xn} be an observed sample. (a) Find the value of c in the PDF. (b) Find the likelihood function of 0. (c) Find the MLE, Ô, of 0. (d) Find the bias and MSE of 0.arrow_forward3. [20] Let {X1,..., Xn} be a random sample from a binomial distribution Bin(30, p), where p (0, 1) is unknown. Let {x1,...,xn} be an observed sample. (a) Find the likelihood function of p. (b) Find the MLE, p, of p. (c) Find the bias and MSE of p.arrow_forwardGiven the sample space: ΩΞ = {a,b,c,d,e,f} and events: {a,b,e,f} A = {a, b, c, d}, B = {c, d, e, f}, and C = {a, b, e, f} For parts a-c: determine the outcomes in each of the provided sets. Use proper set notation. a. (ACB) C (AN (BUC) C) U (AN (BUC)) AC UBC UCC b. C. d. If the outcomes in 2 are equally likely, calculate P(AN BNC).arrow_forwardSuppose a sample of O-rings was obtained and the wall thickness (in inches) of each was recorded. Use a normal probability plot to assess whether the sample data could have come from a population that is normally distributed. Click here to view the table of critical values for normal probability plots. Click here to view page 1 of the standard normal distribution table. Click here to view page 2 of the standard normal distribution table. 0.191 0.186 0.201 0.2005 0.203 0.210 0.234 0.248 0.260 0.273 0.281 0.290 0.305 0.310 0.308 0.311 Using the correlation coefficient of the normal probability plot, is it reasonable to conclude that the population is normally distributed? Select the correct choice below and fill in the answer boxes within your choice. (Round to three decimal places as needed.) ○ A. Yes. The correlation between the expected z-scores and the observed data, , exceeds the critical value, . Therefore, it is reasonable to conclude that the data come from a normal population. ○…arrow_forwardding question ypothesis at a=0.01 and at a = 37. Consider the following hypotheses: 20 Ho: μ=12 HA: μ12 Find the p-value for this hypothesis test based on the following sample information. a. x=11; s= 3.2; n = 36 b. x = 13; s=3.2; n = 36 C. c. d. x = 11; s= 2.8; n=36 x = 11; s= 2.8; n = 49arrow_forward13. A pharmaceutical company has developed a new drug for depression. There is a concern, however, that the drug also raises the blood pressure of its users. A researcher wants to conduct a test to validate this claim. Would the manager of the pharmaceutical company be more concerned about a Type I error or a Type II error? Explain.arrow_forwardFind the z score that corresponds to the given area 30% below z.arrow_forwardFind the following probability P(z<-.24)arrow_forward3. Explain why the following statements are not correct. a. "With my methodological approach, I can reduce the Type I error with the given sample information without changing the Type II error." b. "I have already decided how much of the Type I error I am going to allow. A bigger sample will not change either the Type I or Type II error." C. "I can reduce the Type II error by making it difficult to reject the null hypothesis." d. "By making it easy to reject the null hypothesis, I am reducing the Type I error."arrow_forwardGiven the following sample data values: 7, 12, 15, 9, 15, 13, 12, 10, 18,12 Find the following: a) Σ x= b) x² = c) x = n d) Median = e) Midrange x = (Enter a whole number) (Enter a whole number) (use one decimal place accuracy) (use one decimal place accuracy) (use one decimal place accuracy) f) the range= g) the variance, s² (Enter a whole number) f) Standard Deviation, s = (use one decimal place accuracy) Use the formula s² ·Σx² -(x)² n(n-1) nΣ x²-(x)² 2 Use the formula s = n(n-1) (use one decimal place accuracy)arrow_forwardarrow_back_iosSEE MORE QUESTIONSarrow_forward_ios
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