ELEMENTARY STATS. 18 WEEK ACCESS CODE
13th Edition
ISBN: 9780135900826
Author: Triola
Publisher: PEARSON
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Chapter 7.3, Problem 11BSC
Finding Confidence Intervals. In Exercises 9–16, assume that each sample is a simple random sample obtained from a population with a normal distribution.
11. Insomnia Treatment A clinical trial was conducted to test the effectiveness of the drug zopiclone for treating insomnia in older subjects. After treatment with zopiclone, 16 subjects had a mean wake time of 98.9 min and a standard deviation of 42.3 min (based on data from “Cognitive Behavioral Therapy vs Zopiclone for Treatment of Chronic Primary Insomnia in Older Adults,” by Sivertsen et al., Journal of the American Medical Association, Vol. 295, No. 24). Assume that the 16 sample values appear to be from a
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The average number of minutes Americans commute to work is 27.7 minutes (Sterling's Best Places, April 13, 2012). The average commute time in minutes for 48 cities are as follows:
Click on the datafile logo to reference the data.
DATA file
Albuquerque
23.3
Jacksonville
26.2
Phoenix
28.3
Atlanta
28.3
Kansas City
23.4
Pittsburgh
25.0
Austin
24.6
Las Vegas
28.4
Portland
26.4
Baltimore
32.1
Little Rock
20.1
Providence
23.6
Boston
31.7
Los Angeles
32.2
Richmond
23.4
Charlotte
25.8
Louisville
21.4
Sacramento
25.8
Chicago
38.1
Memphis
23.8
Salt Lake City
20.2
Cincinnati
24.9
Miami
30.7
San Antonio
26.1
Cleveland
26.8
Milwaukee
24.8
San Diego
24.8
Columbus
23.4
Minneapolis
23.6
San Francisco
32.6
Dallas
28.5
Nashville
25.3
San Jose
28.5
Denver
28.1
New Orleans
31.7
Seattle
27.3
Detroit
29.3
New York
43.8
St. Louis
26.8
El Paso
24.4
Oklahoma City
22.0
Tucson
24.0
Fresno
23.0
Orlando
27.1
Tulsa
20.1
Indianapolis
24.8
Philadelphia
34.2
Washington, D.C.
32.8
a. What is the mean commute time for…
Morningstar tracks the total return for a large number of mutual funds. The following table shows the total return and the number of funds for four categories of mutual funds.
Click on the datafile logo to reference the data.
DATA file
Type of Fund
Domestic Equity
Number of Funds
Total Return (%)
9191
4.65
International Equity
2621
18.15
Hybrid
1419
2900
11.36
6.75
Specialty Stock
a. Using the number of funds as weights, compute the weighted average total return for these mutual funds. (to 2 decimals)
%
b. Is there any difficulty associated with using the "number of funds" as the weights in computing the weighted average total return in part (a)? Discuss. What else might be used for weights?
The input in the box below will not be graded, but may be reviewed and considered by your instructor.
c. Suppose you invested $10,000 in this group of mutual funds and diversified the investment by placing $2000 in Domestic Equity funds, $4000 in International Equity funds, $3000 in Specialty Stock…
The days to maturity for a sample of five money market funds are shown here. The dollar amounts invested in the funds are provided.
Days to
Maturity
20
Dollar Value
($ millions)
20
12
30
7
10
5
6
15
10
Use the weighted mean to determine the mean number of days to maturity for dollars invested in these five money market funds (to 1 decimal).
days
Chapter 7 Solutions
ELEMENTARY STATS. 18 WEEK ACCESS CODE
Ch. 7.1 - Poll Results in the Media USA Today provided...Ch. 7.1 - Margin of Error For the poll described in Exercise...Ch. 7.1 - Notation For the poll described in Exercise 1,...Ch. 7.1 - Confidence Levels Given specific sample data, such...Ch. 7.1 - Finding Critical Values. In Exercises 58, find the...Ch. 7.1 - Finding Critical Values. In Exercises 58, find the...Ch. 7.1 - Finding Critical Values. In Exercises 58, find the...Ch. 7.1 - Finding Critical Values. In Exercises 58, find the...Ch. 7.1 - Formats of Confidence Intervals. In Exercises 912,...Ch. 7.1 - Formats of Confidence Intervals. In Exercises 912,...
Ch. 7.1 - Formats of Confidence Intervals. In Exercises 912,...Ch. 7.1 - Formats of Confidence Intervals. In Exercises 912,...Ch. 7.1 - Constructing and Interpreting Confidence...Ch. 7.1 - Constructing and Interpreting Confidence...Ch. 7.1 - Constructing and Interpreting Confidence...Ch. 7.1 - Constructing and Interpreting Confidence...Ch. 7.1 - Critical Thinking. In Exercises 1728, use the data...Ch. 7.1 - Critical Thinking. In Exercises 1728, use the data...Ch. 7.1 - Critical Thinking. In Exercises 1728, use the data...Ch. 7.1 - Critical Thinking. In Exercises 1728, use the data...Ch. 7.1 - Touch Therapy When she was 9 years of age, Emily...Ch. 7.1 - Critical Thinking. In Exercises 1728, use the data...Ch. 7.1 - Critical Thinking. In Exercises 1728, use the data...Ch. 7.1 - Critical Thinking. In Exercises 1728, use the data...Ch. 7.1 - Critical Thinking. In Exercises 1728, use the data...Ch. 7.1 - Critical Thinking. In Exercises 1728, use the data...Ch. 7.1 - Critical Thinking. In Exercises 1728, use the data...Ch. 7.1 - Critical Thinking. In Exercises 1728, use the data...Ch. 7.1 - Using Appendix B Data Sets. In Exercises 29 and...Ch. 7.1 - Using Appendix B Data Sets. In Exercises 29 and...Ch. 7.1 - Determining Sample Size. In Exercises 3138, use...Ch. 7.1 - Determining Sample Size. In Exercises 3138, use...Ch. 7.1 - Determining Sample Size. In Exercises 3138, use...Ch. 7.1 - Determining Sample Size. In Exercises 3138, use...Ch. 7.1 - Determining Sample Size. In Exercises 3138, use...Ch. 7.1 - Determining Sample Size. In Exercises 3138, use...Ch. 7.1 - Determining Sample Size. In Exercises 3138, use...Ch. 7.1 - Determining Sample Size. In Exercises 3138, use...Ch. 7.1 - Finite Population Correction Factor For Formulas...Ch. 7.1 - One-Sided Confidence Interval A one-sided claim...Ch. 7.1 - Coping with No Success According to the Rule of...Ch. 7.2 - In Exercises 13, refer to the accompanying screen...Ch. 7.2 - Statistical Literacy and Critical Thinking In...Ch. 7.2 - In Exercises 13, refer to the accompanying screen...Ch. 7.2 - Normality Requirement What does it mean when we...Ch. 7.2 - Using Correct Distribution. In Exercises 58,...Ch. 7.2 - Using Correct Distribution. In Exercises 58,...Ch. 7.2 - Using Correct Distribution. In Exercises 58,...Ch. 7.2 - Using Correct Distribution. In Exercises 58,...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Confidence Intervals. In Exercises 924, construct...Ch. 7.2 - Appendix B Data Sets. In Exercises 2528, use the...Ch. 7.2 - Appendix B Data Sets. In Exercises 2528, use the...Ch. 7.2 - Appendix B Data Sets. In Exercises 2528, use the...Ch. 7.2 - Appendix B Data Sets. In Exercises 2528, use the...Ch. 7.2 - Sample Size. In Exercises 2936, find the sample...Ch. 7.2 - Sample Size. In Exercises 2936, find the sample...Ch. 7.2 - Sample Size. In Exercises 2936, find the sample...Ch. 7.2 - Sample Size. In Exercises 2936, find the sample...Ch. 7.2 - Sample Size. In Exercises 2936, find the sample...Ch. 7.2 - Sample Size. In Exercises 2936, find the sample...Ch. 7.2 - Sample Size. In Exercises 2936, find the sample...Ch. 7.2 - Sample Size. In Exercises 2936, find the sample...Ch. 7.2 - Confidence Interval with Known . In Exercises 37...Ch. 7.2 - Confidence Interval with Known . In Exercises 37...Ch. 7.2 - Finite Population Correction Factor If a simple...Ch. 7.3 - Brain Volume Using all of the brain volumes listed...Ch. 7.3 - Expressing Confidence Intervals Example 2 showed...Ch. 7.3 - Last Digit Analysis The dotplot below depicts the...Ch. 7.3 - Normality Requirement What is different about the...Ch. 7.3 - Finding Critical Values and Confidence Intervals....Ch. 7.3 - Finding Critical Values and Confidence Intervals....Ch. 7.3 - Finding Critical Values and Confidence Intervals....Ch. 7.3 - Finding Critical Values and Confidence Intervals....Ch. 7.3 - Finding Confidence Intervals. In Exercises 916,...Ch. 7.3 - Finding Confidence Intervals. In Exercises 916,...Ch. 7.3 - Finding Confidence Intervals. In Exercises 916,...Ch. 7.3 - Finding Confidence Intervals. In Exercises 916,...Ch. 7.3 - Finding Confidence Intervals. In Exercises 916,...Ch. 7.3 - Finding Confidence Intervals. In Exercises 916,...Ch. 7.3 - Finding Confidence Intervals. In Exercises 916,...Ch. 7.3 - Comparing Waiting Lines a. The values listed below...Ch. 7.3 - Large Data Sets from Appendix B. In Exercises 17...Ch. 7.3 - Large Data Sets from Appendix B. In Exercises 17...Ch. 7.3 - Determining Sample Size. In Exercises 1922, assume...Ch. 7.3 - Determining Sample Size. In Exercises 1922, assume...Ch. 7.3 - Determining Sample Size. In Exercises 1922, assume...Ch. 7.3 - Determining Sample Size. In Exercises 1922, assume...Ch. 7.3 - Finding Critical Values In constructing confidence...Ch. 7.3 - Finding Sample Size Instead of using Table 7-2 for...Ch. 7.4 - Replacement Why does the bootstrap method require...Ch. 7.4 - Bootstrap Sample Here is a random sample of...Ch. 7.4 - Bootstrap Sample Given the sample data from...Ch. 7.4 - Prob. 4BSCCh. 7.4 - In Exercises 58, use the relatively small number...Ch. 7.4 - In Exercises 58, use the relatively small number...Ch. 7.4 - In Exercises 58, use the relatively small number...Ch. 7.4 - In Exercises 58, use the relatively small number...Ch. 7 - Celebrities and the Law Here is a 95% confidence...Ch. 7 - Interpreting CI Write a brief statement that...Ch. 7 - Critical Value For the survey described in...Ch. 7 - Loose Change USA Today reported that 40% of people...Ch. 7 - Sample Size for Proportion Find the sample size...Ch. 7 - Sample Size for Mean Find the sample size required...Ch. 7 - Requirements A quality control analyst has...Ch. 7 - Degrees of Freedom In general, what does degrees...Ch. 7 - Critical Value Refer to Exercise 7 Requirements...Ch. 7 - Which Method? Refer to Exercise 7 Requirements and...Ch. 7 - Online News In a Harris poll of 2036 adults, 40%...Ch. 7 - Computers In order to better plan for student...Ch. 7 - Earthquake Magnitudes Listed below are Richter...Ch. 7 - Lefties There have been several studies conducted...Ch. 7 - Distributions Identify the distribution (normal,...Ch. 7 - Sample Size You have been hired by your new...Ch. 7 - Wristwatch Accuracy Students of the author...Ch. 7 - Wristwatch Accuracy Use the sample data from...Ch. 7 - Flight Arrivals. Listed below are the arrival...Ch. 7 - Flight Arrivals. Listed below are the arrival...Ch. 7 - Flight Arrivals. Listed below are the arrival...Ch. 7 - Flight Arrivals. Listed below are the arrival...Ch. 7 - Normal Distribution Using a larger data set than...Ch. 7 - Sample Size Find the sample size necessary to...Ch. 7 - Prob. 7CRECh. 7 - Normality Assessment A random sample consists of...Ch. 7 - Critical Thinking: What does the survey tell us?...Ch. 7 - Critical Thinking: What does the survey tell us?...Ch. 7 - Critical Thinking: What does the survey tell us?...Ch. 7 - Critical Thinking: What does the survey tell us?...Ch. 7 - Critical Thinking: What does the survey tell us?...
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