
APPLIED STAT.IN BUS.+ECONOMICS
6th Edition
ISBN: 9781259957598
Author: DOANE
Publisher: RENT MCG
expand_more
expand_more
format_list_bulleted
Question
Chapter 9, Problem 92CE
a.
To determine
Check whether the sample prove a violation of the guideline that the average patient should pay no more than $250 out-of-pocket.
b.
To determine
Check whether the decision is close or not.
Expert Solution & Answer

Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
A classification study involving several classifiers was carried out. After training and the usual validation step, the following table
shows results for classifiers tried. In below, classifiers are identified as M1, M2 and so on.
Sensitivity
Specificity
M1
0.82
0.82
M2
0.92
0.72
M3
0.72
0.92
M4
0.46
0.47
M5
0.03
0.16
M6
0.13
0.02
M7
0.33
0.64
M8
0.72
0.24
M9
0.47
0.82
M10
0.06
0.84
The following list has statements about the classifiers. In the list, there is a single incorrect statement. Please identify the incorrect
statement.
Hint 1: recall that a classifier dominates another if both performance measures are better.
Hint 2: to help you visualize and compare classifiers, you may want to plot the classifier data in a ROC graph (which will not be
submitted).
Select one:
Qa.
O b.
Oc.
d.
By swapping zeroes and ones, M5 can be worsened
M8 does not dominate M9
M1 dominates all of M4, M5 and M6
M1 is a good classifier
?
e.
By swapping zeroes and ones, the performance of M4 does not change…
Consider the following training data, shown below before centering.
XY
1
0
1
1
1
1
1
1
00
1
1
1
0 0
1
1
1
0
1
1
This data set will be analysed after centering all columns (not scaling). In what follows, the centered data columns are referred to as
X and Y. Using these centered columns, we have the following quantities: XTX = 24/11 = 2.1818; XTY = 13/11 =
and YTY = 24/11 = 2.1818.
Ridge regression
Q1 For 2 =
R
AR
=
1.1818
0.56, compute and write in the provided space the ridge estimate ẞ (0.56). Use decimal numbers, not fractions.
Q2 Using the ridge estimate ẞ (0.56) you just computed, determine the percentage of shrinkage achieved with respect to the
squared L2 norm. That is, compute the shrinkage using || (0.56)||||||with the OLS estimate. In the provided space, write
the shrinkage as percentage between 0 and 100 with decimal values.
Lasso
AR
Q3 The following are several expressions for the lasso estimate: (2) = 0.5833 * (1 - 0.84622);
L
L
(a) = 0.5833 * (1 -0.78572); (A) = 0.5417 *…
Calculate the 95% confidence intervals for the proportion of children surviving, and the proportion of non-crew adult passengers surviving. We want to use the given data to make inferences about the general population of all large boat crashes, so the data set should be treated as a random sample for this purpose.
Part 2
The 95% confidence interval for survival rate amongst non-crew adults runs from
enter your response here% to
enter your response here%.
(Round to one decimal place as needed. Use ascending order.)
Part 3
The 95% confidence interval for survival rate amongst children runs from
enter your response here% to
enter your response here%.
(Round to one decimal place as needed. Use ascending order.)
Part 4
Test the alternative hypothesis that the proportion of children surviving does not equal 35%, and next, test the alternative hypothesis that the proportion of non-crew adult passengers surviving does not equal 35%. Again, the data set should…
Chapter 9 Solutions
APPLIED STAT.IN BUS.+ECONOMICS
Ch. 9.2 - If you repealed a hypothesis test 1,000 times (in...Ch. 9.2 - Define Type I and Type II errors for each...Ch. 9.2 - A firm decides to test its employees for illegal...Ch. 9.2 - A hotel installs smoke detectors with adjustable...Ch. 9.2 - What is the consequence of a false negative in an...Ch. 9.2 - Prob. 6SECh. 9.3 - A manufacturer claims that its compact fluorescent...Ch. 9.3 - Prob. 8SECh. 9.3 - Prob. 9SECh. 9.3 - The average age of a part-time seasonal employee...
Ch. 9.3 - Prob. 11SECh. 9.3 - Prob. 12SECh. 9.4 - Find the zcalc test statistic for each hypothesis...Ch. 9.4 - Prob. 14SECh. 9.4 - Prob. 15SECh. 9.4 - Prob. 16SECh. 9.4 - Green Beam Ltd. claims that its compact...Ch. 9.4 - The mean potassium content of a popular sports...Ch. 9.4 - Calculate the test statistic and p-value for each...Ch. 9.4 - Determine the p-value for each test statistic. a....Ch. 9.4 - Procyon Mfg. produces tennis balls. Weights are...Ch. 9.4 - The mean arrival rate of flights at OHare Airport...Ch. 9.4 - Prob. 23SECh. 9.4 - The Scottsdale fire department aims to respond to...Ch. 9.4 - The lifespan of xenon metal halide arc-discharge...Ch. 9.4 - Discuss the issues of statistical significance and...Ch. 9.4 - The target activation force of the buttons on a...Ch. 9.5 - Find the tcalc test statistic for each hypothesis...Ch. 9.5 - Find the critical value of Students t for each...Ch. 9.5 - Find the critical value of Students t for each...Ch. 9.5 - Find the tcalc test statistic for each hypothesis...Ch. 9.5 - Estimate the p-value as a range using Appendix D...Ch. 9.5 - Prob. 33SECh. 9.5 - Prob. 34SECh. 9.5 - Prob. 35SECh. 9.5 - The manufacturer of an airport baggage scanning...Ch. 9.5 - Prob. 37SECh. 9.5 - The average weight of a package of rolled oats is...Ch. 9.5 - Prob. 39SECh. 9.5 - Prob. 40SECh. 9.5 - Prob. 41SECh. 9.5 - Prob. 42SECh. 9.5 - Prob. 43SECh. 9.6 - Interpret each p-value in your own words: a....Ch. 9.6 - Prob. 45SECh. 9.6 - Prob. 46SECh. 9.6 - May normality of the sample proportion p be...Ch. 9.6 - Prob. 48SECh. 9.6 - In a hospitals shipment of 3,500 insulin syringes,...Ch. 9.6 - Prob. 50SECh. 9.6 - Prob. 51SECh. 9.6 - The recent default rate on all student loans is...Ch. 9.6 - Prob. 53SECh. 9.6 - A Realtor claims that no more than half of the...Ch. 9.6 - BriteScreen, a manufacturer of 19-inch LCD...Ch. 9.6 - Perfect pitch is the ability to identify musical...Ch. 9.7 - A quality expert insects 400 items to test whether...Ch. 9.7 - Prob. 58SECh. 9.7 - For a certain wine, the mean pH (a measure of...Ch. 9.7 - Repeat the previous exercise, using = .05. For...Ch. 9.8 - A sample of size n = 15 has variance s2 = .35. At ...Ch. 9.8 - Prob. 62SECh. 9.8 - A sample of size n = 19 has variance s2 = .1.96....Ch. 9.8 - Prob. 64SECh. 9.8 - Prob. 65SECh. 9 - (a) List the steps in testing a hypothesis, (b)...Ch. 9 - (a) Explain the difference between the null...Ch. 9 - (a) Why do we say fail to reject H0 instead of...Ch. 9 - (a) Define Type I error and Type II error. (b)...Ch. 9 - (a) Explain the difference between a left-tailed...Ch. 9 - Prob. 6CRCh. 9 - Prob. 7CRCh. 9 - (a) Why do we prefer low values for and ? (b) For...Ch. 9 - Prob. 10CRCh. 9 - Prob. 11CRCh. 9 - (a) Explain what a p-value means. Give an example...Ch. 9 - Prob. 13CRCh. 9 - (a) What does a power curve show? (b) What factors...Ch. 9 - (a) In testing a hypothesis about a variance, what...Ch. 9 - Suppose you always reject the null hypothesis,...Ch. 9 - Suppose the judge decides to acquit all...Ch. 9 - High blood pressure, if untreated, can lead to...Ch. 9 - A nuclear power plant replaces its ID card...Ch. 9 - A test-preparation company advertises that its...Ch. 9 - Prob. 71CECh. 9 - Prob. 72CECh. 9 - Prob. 73CECh. 9 - Pap smears are a test for abnormal cancerous and...Ch. 9 - Prob. 75CECh. 9 - Prob. 76CECh. 9 - Malcheon Health Clinic claims that the average...Ch. 9 - The sodium content of a popular sports drink is...Ch. 9 - A can of peeled whole tomatoes is supposed to...Ch. 9 - At Ajax Spring Water, a half-liter bottle of soft...Ch. 9 - Prob. 81CECh. 9 - Prob. 82CECh. 9 - A U.S. dime weighs 2.268 grams when minted. A...Ch. 9 - A coin was flipped 60 times and came up heads 38...Ch. 9 - Prob. 85CECh. 9 - Prob. 86CECh. 9 - Prob. 87CECh. 9 - Prob. 88CECh. 9 - Prob. 89CECh. 9 - Prob. 90CECh. 9 - Prob. 91CECh. 9 - Prob. 92CECh. 9 - The average service time at a Noodles Company...Ch. 9 - Prob. 94CECh. 9 - Prob. 95CECh. 9 - Beer shelf life is a problem for brewers and...Ch. 9 - Prob. 97CECh. 9 - Prob. 99CECh. 9 - Prob. 100CECh. 9 - Prob. 101CECh. 9 - Prob. 102CECh. 9 - An experimental medication is administered to 16...Ch. 9 - The historical on-time percentage for Amtraks...Ch. 9 - After 7 months, none of 238 angioplasty patients...Ch. 9 - A certain brand of flat white interior latex paint...Ch. 9 - Prob. 107CECh. 9 - Prob. 108CECh. 9 - Prob. 109CE
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- Using the toddler data table in Question 1, describe the toddlers in the sample with joint probabilities only. (300) B(K)-00+300 501 30 smot dbabib (oor de leng 001-009:(00s) 200, yoogie Fox (D) ed to diman edarrow_forwardRight-Handed Left-Handed 24 Gender Males 4 Females 2 12arrow_forwardappropriate probabilities. 19 Using the data from Table 17-1, are gender and political party independent for this group? nis cow sib signia si Falows grillor le pussarrow_forward
- 11 Using the same toddler data, describe the toddlers with marginal probabilities only. BAY bit of benoliesmas (89 abje' jook stages of te cojota ing ou an out of to cojota ovig ber el ba 3+4=029arrow_forward21 Using the data from the table in Question 1, does the dominant hand differ for male toddlers versus female toddlers? (In other words, are these two events dependent?)arrow_forwardop In a two-way table with variables A and B, does P(A|B) + P(A|B) = 1? பே 69 6 work as m 3 atavs ow to portabagabat sot gaisarrow_forward
- In a two-way table with variables A and B, does P(A|B)+P(A|B)=1? dsins/Ispino936) 1 durab ALED a to gilidadost Earrow_forwardpreference are dependent (you even have to look at the males). Using the bumper sticker data in the first example problem in this chapter, are car age and number of bumper stickers related (In other words, are these two events dependent?) d insbusqabni oss agit ads bms gliw woy tadi validadong ada 15W wex s m ad ow MP gliw Boy 1st yilidadong at al terW .d Shsed smo viaxe 5X9 of pe 012 from 12 or to HOM qose Aunt swam to prepants M&arrow_forward23 வ dous biops Which marginal probabilities that you find in a two-way table should sum to 1? 著arrow_forward
- Using the toddler data from the table in Question 1 and appropriate probability notation, do the following: a. Compare the right-handed female and male toddlers in the sample, using condi- tional probabilities (only). b. Compare the right-handed toddlers asid in the sample, using conditional probabilities (only).dependent abni sis & bas bax bensqged snavs med) galworl andarrow_forwardUsing the toddler data from the table in Question 1 and appropriate probability notation, identify and calculate the following: a. What percentage of the male toddlers are right-handed? te b. What percentage of the female toddlers are right-handed? c. What percentage of the right-handed toddlers are male? d. What percentage of the right-handed toddlers are female?arrow_forward10 Using the toddler data from the table in Question 1 and the appropriate probability Tonotation, identify and calculate ther s following: a. What percentage of the toddlers are right-handed? b. now to What percentage of the toddlers are female? female? da boit vom wo c. What proportion of the toddlers are left-handed? d. What's the chance of finding a male toddler from the sample? [10arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill

Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Hypothesis Testing using Confidence Interval Approach; Author: BUM2413 Applied Statistics UMP;https://www.youtube.com/watch?v=Hq1l3e9pLyY;License: Standard YouTube License, CC-BY
Hypothesis Testing - Difference of Two Means - Student's -Distribution & Normal Distribution; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=UcZwyzwWU7o;License: Standard Youtube License