Essential Statistics
2nd Edition
ISBN: 9781259570643
Author: Navidi
Publisher: MCG
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Chapter 7.1, Problem 5CYU
a.
To determine
Find the point estimate.
b.
To determine
Find the critical value.
c.
To determine
Find the standard error.
d.
To determine
Find the margin of error.
e.
To determine
Construct the 95% confidence interval.
f.
To determine
Explain whether it is likely that the population mean
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Q.1.2
Match the definition in column X with the correct term in column Y.
Two marks will be awarded for each correct answer.
(20)
COLUMN X
Q.1.2.1
COLUMN Y
Condenses sample data into a few summary
A.
Statistics
measures
Q.1.2.2
The collection of all possible observations that
exist for the random variable under study.
B.
Descriptive statistics
Q.1.2.3
Describes a characteristic of a sample.
C.
Ordinal-scaled data
Q.1.2.4
The actual values or outcomes are recorded
on a random variable.
D.
Inferential statistics
0.1.2.5
Categorical data, where the categories have an
implied ranking.
E.
Data
Q.1.2.6
A set of mathematically based tools &
techniques that transform raw data into
F.
Statistical modelling
information to support effective decision-
making.
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The following table indicates the unit prices (in Rands) and quantities of three consumer products
to be held in a supermarket warehouse in Lenasia over the time period from April to July 2025.
APRIL 2025
JULY 2025
PRODUCT
Unit Price (po)
Quantity (q0))
Unit Price (p₁)
Quantity (q1)
Mineral Water
R23.70
403
R25.70
423
H&S Shampoo
R77.00
922
R79.40
899
Toilet Paper
R106.50
725
R104.70
730
The Independent Institute of Education (Pty) Ltd 2025
Q Search
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The following table indicates the unit prices (in Rands) and quantities of three meals sold every year
by a small restaurant over the years 2023 and 2025.
2023
2025
MEAL
Unit Price (po) Quantity (q0))
Unit Price (P₁)
Quantity (q₁)
Lasagne
R125
1055
R145
1125
Pizza
R110
2115
R130
2195
Pasta
R95
1950
R120
2250
Q.2.1
Using 2023 as the base year, compute the individual price relatives in 2025 for (10)
lasagne and pasta. Interpret each of your answers.
0.2.2
Using 2023 as the base year, compute the Laspeyres price index for all of the meals (8)
for 2025. Interpret your answer.
Q.2.3
Using 2023 as the base year, compute the Paasche price index for all of the meals (7)
for 2025. Interpret your answer.
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Chapter 7 Solutions
Essential Statistics
Ch. 7.1 - Prob. 1CYUCh. 7.1 - Prob. 2CYUCh. 7.1 - Prob. 3CYUCh. 7.1 - Prob. 4CYUCh. 7.1 - Prob. 5CYUCh. 7.1 - Prob. 6CYUCh. 7.1 - Prob. 7CYUCh. 7.1 - Prob. 8CYUCh. 7.1 - Prob. 9CYUCh. 7.1 - 10. Using the output in Exercise 9:
Find the...
Ch. 7.1 - Prob. 11CYUCh. 7.1 - 12. The researchers now plan to construct a 99%...Ch. 7.1 - Prob. 13CYUCh. 7.1 - 14. An IQ test is designed to have scores that...Ch. 7.1 - Prob. 15CYUCh. 7.1 - Prob. 16CYUCh. 7.1 - In Exercises 17–20, fill in each blank with the...Ch. 7.1 - In Exercises 17–20, fill in each blank with the...Ch. 7.1 - Prob. 19ECh. 7.1 - In Exercises 17–20, fill in each blank with the...Ch. 7.1 - In Exercises 21–24, determine whether the...Ch. 7.1 - Prob. 22ECh. 7.1 - Prob. 23ECh. 7.1 - Prob. 24ECh. 7.1 - Prob. 25ECh. 7.1 - In Exercises 25–28, find the critical value zα∕2...Ch. 7.1 - Prob. 27ECh. 7.1 - Prob. 28ECh. 7.1 - Prob. 29ECh. 7.1 - In Exercises 29–32, find the levels of the...Ch. 7.1 - Prob. 31ECh. 7.1 - Prob. 32ECh. 7.1 - Prob. 33ECh. 7.1 - Prob. 34ECh. 7.1 - Prob. 35ECh. 7.1 - 36. A sample of size n = 64 is drawn from a...Ch. 7.1 - 37. A sample of size n = 10 is drawn from a normal...Ch. 7.1 - 38. A sample of size n = 80 is drawn from a normal...Ch. 7.1 - Prob. 39ECh. 7.1 - Prob. 40ECh. 7.1 - Prob. 41ECh. 7.1 - Prob. 42ECh. 7.1 - 43. SAT scores: A college admissions officer takes...Ch. 7.1 - Prob. 44ECh. 7.1 - Prob. 45ECh. 7.1 - Prob. 46ECh. 7.1 - Prob. 47ECh. 7.1 - Prob. 48ECh. 7.1 - Prob. 49ECh. 7.1 - Prob. 50ECh. 7.1 - Prob. 51ECh. 7.1 - Prob. 52ECh. 7.1 - Prob. 53ECh. 7.1 - Prob. 54ECh. 7.1 - Prob. 55ECh. 7.1 - 56. Different standard deviations: Martin and...Ch. 7.1 - Prob. 57ECh. 7.1 - Prob. 58ECh. 7.1 - Prob. 59ECh. 7.1 - Prob. 60ECh. 7.1 - Prob. 61ECh. 7.1 - Prob. 62ECh. 7.1 - Prob. 63ECh. 7.1 - Prob. 64ECh. 7.1 - Interpret computer output: The following MINITAB...Ch. 7.1 - Interpret computer output: The following MINITAB...Ch. 7.1 - Prob. 67ECh. 7.1 - Prob. 68ECh. 7.2 - Prob. 1CYUCh. 7.2 - Prob. 2CYUCh. 7.2 - 3. A potato chip company wants to evaluate the...Ch. 7.2 - Prob. 4CYUCh. 7.2 - Prob. 5CYUCh. 7.2 - Prob. 6CYUCh. 7.2 - Prob. 7ECh. 7.2 - In Exercises 7 and 8, fill in each blank with the...Ch. 7.2 - In Exercises 9 and 10, determine whether the...Ch. 7.2 - In Exercises 9 and 10, determine whether the...Ch. 7.2 - Prob. 11ECh. 7.2 - Prob. 12ECh. 7.2 - Prob. 13ECh. 7.2 - 14. A sample of size n = 22 is drawn from a normal...Ch. 7.2 - 15. A sample of size n = 12 is drawn from a normal...Ch. 7.2 - Prob. 16ECh. 7.2 - 17. A sample of size n = 15 has sample mean and...Ch. 7.2 - Prob. 18ECh. 7.2 - Prob. 19ECh. 7.2 - Prob. 20ECh. 7.2 - Prob. 21ECh. 7.2 - Prob. 22ECh. 7.2 - 23. Fake Twitter followers: Many celebrities and...Ch. 7.2 - Prob. 24ECh. 7.2 - Prob. 25ECh. 7.2 - 26. Sound it out: Phonics is an instructional...Ch. 7.2 - Prob. 27ECh. 7.2 - Prob. 28ECh. 7.2 - Baby weights: Following are weights, in pounds, of...Ch. 7.2 - Eat your cereal: Boxes of cereal are labeled as...Ch. 7.2 - Prob. 31ECh. 7.2 - Mortgage rates: Following are interest rates...Ch. 7.2 - Prob. 33ECh. 7.2 - Big salary for the boss: Following is the total...Ch. 7.2 - Prob. 35ECh. 7.2 - Prob. 36ECh. 7.2 - Prob. 37ECh. 7.2 - Sleeping outlier: A simple random sample of eight...Ch. 7.2 - Prob. 39ECh. 7.2 - Prob. 40ECh. 7.2 - Prob. 41ECh. 7.2 - Prob. 42ECh. 7.2 - Prob. 43ECh. 7.2 - Prob. 44ECh. 7.2 - Prob. 45ECh. 7.2 - Interpret computer output: The following MINITAB...Ch. 7.2 - Prob. 47ECh. 7.3 - A simple random sample of 200 third-graders in a...Ch. 7.3 - Prob. 2CYUCh. 7.3 - A pollster is going to sample a number of voters...Ch. 7.3 - Prob. 4CYUCh. 7.3 - Prob. 5CYUCh. 7.3 - In a simple random sample of 15 seniors from a...Ch. 7.3 - Prob. 7ECh. 7.3 - Prob. 8ECh. 7.3 - Prob. 9ECh. 7.3 - Prob. 10ECh. 7.3 - In Exercises 11–14, find the point estimate, the...Ch. 7.3 - In Exercises 11–14, find the point estimate, the...Ch. 7.3 - Prob. 13ECh. 7.3 - In Exercises 11–14, find the point estimate, the...Ch. 7.3 - In Exercises 15–18, use the given data to...Ch. 7.3 - In Exercises 15–18, use the given data to...Ch. 7.3 - Prob. 17ECh. 7.3 - Prob. 18ECh. 7.3 - Smart phone: Among 238 cell phone owners aged...Ch. 7.3 - Working at home: According to the U.S. Census...Ch. 7.3 - Sleep apnea: Sleep apnea is a disorder in which...Ch. 7.3 - Internet service: An Internet service provider...Ch. 7.3 - Volunteering: The General Social Survey recently...Ch. 7.3 - SAT scores: A college admissions officer sampled...Ch. 7.3 - WOW: In the computer game World of Warcraft, some...Ch. 7.3 - Contaminated water: In a sample of 42 water...Ch. 7.3 - Call me: A sociologist wants to construct a 95%...Ch. 7.3 - Reading proficiency: An educator wants to...Ch. 7.3 - Surgical complications: A medical researcher wants...Ch. 7.3 - Prob. 30ECh. 7.3 - Changing jobs: A sociologist sampled 200 people...Ch. 7.3 - Prob. 32ECh. 7.3 - Small sample: Eighteen concrete blocks were...Ch. 7.3 - Prob. 34ECh. 7.3 - Prob. 35ECh. 7.3 - Prob. 36ECh. 7.3 - Prob. 37ECh. 7.3 - Prob. 38ECh. 7.3 - Prob. 39ECh. 7.3 - Prob. 40ECh. 7.3 - Prob. 41ECh. 7.3 - Prob. 42ECh. 7.3 - Prob. 43ECh. 7.4 - Prob. 1CYUCh. 7.4 - Prob. 2CYUCh. 7.4 - Prob. 3CYUCh. 7.4 - In Exercises 1–4, state which type of parameter is...Ch. 7.4 - Prob. 5ECh. 7.4 - In Exercises 5–10, state which type of parameter...Ch. 7.4 - In Exercises 5–10, state which type of parameter...Ch. 7.4 - Prob. 8ECh. 7.4 - Prob. 9ECh. 7.4 - Prob. 10ECh. 7.4 - Prob. 11ECh. 7.4 - Prob. 12ECh. 7.4 - Prob. 13ECh. 7.4 - Credit card debt: In a survey of 1118 U.S. adults...Ch. 7.4 - Pneumonia: In a simple random sample of 1500...Ch. 7.4 - Prob. 16ECh. 7 - Prob. 1CQCh. 7 - Prob. 2CQCh. 7 - Prob. 3CQCh. 7 - Prob. 4CQCh. 7 - Prob. 5CQCh. 7 - Prob. 6CQCh. 7 - Prob. 7CQCh. 7 - Prob. 8CQCh. 7 - Prob. 9CQCh. 7 - Prob. 10CQCh. 7 - Prob. 11CQCh. 7 - Prob. 12CQCh. 7 - Prob. 13CQCh. 7 - Prob. 14CQCh. 7 - Prob. 15CQCh. 7 - Build more parking? A survey is to be conducted in...Ch. 7 - Drill lifetime: A sample of 50 drills had a mean...Ch. 7 - Cost of environmental restoration: In a survey of...Ch. 7 - More repairs: A sample of six records for repairs...Ch. 7 - Automobile pollution: In a random sample of 85...Ch. 7 - Contaminated water: Polychlorinated biphenyls...Ch. 7 - Defective electronics: A simple random sample of...Ch. 7 - Prob. 8RECh. 7 - High octane: Fifty measurements are taken of the...Ch. 7 - Super Bowl: A simple random sample of 140...Ch. 7 - Prob. 11RECh. 7 - Prob. 12RECh. 7 - Leaking tanks: Leakage from underground fuel tanks...Ch. 7 - Prob. 14RECh. 7 - Prob. 15RECh. 7 - Prob. 1WAICh. 7 - What factors can you think of that may affect the...Ch. 7 - Prob. 3WAICh. 7 - Prob. 4WAICh. 7 - Prob. 5WAICh. 7 - When constructing a confidence interval for μ, how...Ch. 7 - Prob. 1CSCh. 7 - Prob. 2CSCh. 7 - Prob. 3CSCh. 7 - Repeat Exercises 1 and 2 for the Year 2 data. The...Ch. 7 - Prob. 5CS
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