EP BASIC BUS.STATS-ACCESS (18 WEEKS)
EP BASIC BUS.STATS-ACCESS (18 WEEKS)
14th Edition
ISBN: 9780135989005
Author: BERENSON
Publisher: PEARSON CO
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Chapter 6, Problem 19PS

a.

To determine

Determine that whether the market capitalization of the companies in the DJIA appears to be normally approximated or not by comparing data characteristics to theoretical properties.

b.

To determine

Construct a normal probability plot and conclude the result.

c.

To determine

Construct a histogram for the data and conclude the result.

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A biologist is investigating the effect of potential plant hormones by treating 20 stem segments. At the end of the observation period he computes the following length averages: Compound X = 1.18 Compound Y = 1.17 Based on these mean values he concludes that there are no treatment differences. 1) Are you satisfied with his conclusion? Why or why not? 2) If he asked you for help in analyzing these data, what statistical method would you suggest that he use to come to a meaningful conclusion about his data and why? 3) Are there any other questions you would ask him regarding his experiment, data collection, and analysis methods?
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EP BASIC BUS.STATS-ACCESS (18 WEEKS)

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