MYLAB STATISTICS: ELEMENTARY STATISTICS
7th Edition
ISBN: 9780135901021
Author: Larson
Publisher: PEARSON EDUCATION (COLLEGE)
expand_more
expand_more
format_list_bulleted
Textbook Question
Chapter 9.3, Problem 27E
Constructing and Interpreting a Prediction Interval In Exercises 21–30, construct the indicated prediction interval and interpret the results.
27. Crude Oil Construct a 95% prediction interval for the amount of crude oil imported by the United States in Exercise 17 when the amount of crude oil produced by the United States is 8 million barrels per day.
17. Crude Oil The table shows the amounts of crude oil (in thousands of barrels per day) produced by the United States and the amounts of crude oil (in thousands of barrels per day) imported by the United States for seven years. The equation of the regression line is ŷ = –0.438x + 11,404.947. (Source: U.S. Energy Information Administration)
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Classification of Data
Identify the individuals and give the variables under the following:
1.
You want to study about the people who climbed Mt. Everest.
2.
The Department of Agriculture wishes to conduct a study about the pineapples in Tagaytay.
Fruit prices and the amounts consumed for 2010 and 2018 are shown. Use 2010 as the base.
2010
2018
Fruit
Price
$0.28
Quantity
Price
$0.34
Quantity
115
Bananas (pound)
Grapefruit (each)
Apples (pound)
Strawberries (basket)
Oranges (bag)
100
0.26
50
0.46
60
0.33
85
e.74
85
1.02
8
1.56
10
0.89
1.16
9
%media:2excel.ext% Click here for the Excel Data File
a. Determine the simple price indexes. (Round your answers to 2 decimal places.)
Fruit
Simple index
Bananas
Grapefruit
Apples
Strawberries
Oranges
b. Determine the simple aggregate price index for the two years. (Round your answer to 2 decimal places.)
Simple aggregate price index
c. Determine the Laspeyres price index. (Round your answer to 2 decimal places.)
Laspeyres price index
d. Determine the Paasche price index. (Round your answer to 2 decimal places.)
Paasche price index
e. Determine Fisher's ideal index. (Round your answer to 2 decimal places.)
Fisher's ideal index
Fuel Economy, Minivans - The Environmental Protection Agency (EPA) publishes fuel economy values that are known to be good estimates of the fuel
economy a typical driver will achieve under average driving conditions. One of the fuel economy values the EPA publishes is a combined estimate,
which represents a combination of city driving (55%) and highway driving (45%).
Toyota Sienna, a popular minivan, advertises an average combined fuel usage of 22 mpg. A large rental company collected the information about
combined fuel economy (mpg) for their 10 Toyota Sienna minivans. The results are shown in the table below.
21.7
21
21.9
20.4
21.8
21.6
22.5
20.8
23.5
21.1
The company calculates the sample mean to be 21.63 and sample standard deviation as 0.897.
Round all calculated values
4 decimal places as appropriate.
1. The management believes that Toyota has overestimated the fuel economy of the Sienna. Which set of hypotheses should we use to determine if the
fuel efficiency of the Sienna is…
Chapter 9 Solutions
MYLAB STATISTICS: ELEMENTARY STATISTICS
Ch. 9.1 - A director of alumni affairs at a small college...Ch. 9.1 - A researcher conducts a study to determine whether...Ch. 9.1 - Consider the data on page 469 on the salaries and...Ch. 9.1 - Calculate the correlation coefficient for the...Ch. 9.1 - Use technology to calculate the correlation...Ch. 9.1 - In Try It Yourself 4, you calculated the...Ch. 9.1 - In Try It Yourself 5, you calculated the...Ch. 9.1 - Two variables have a positive linear correlation....Ch. 9.1 - Describe the range of values for the correlation...Ch. 9.1 - What does the sample correlation coefficient r...
Ch. 9.1 - Give examples of two variables that have perfect...Ch. 9.1 - Explain how to determine whether a sample...Ch. 9.1 - Discuss the difference between r and p.Ch. 9.1 - What are the null and alternate hypotheses for a...Ch. 9.1 - In your own words, what does it mean to say...Ch. 9.1 - Graphical Analysis In Exercises 912, determine...Ch. 9.1 - Graphical Analysis In Exercises 912, determine...Ch. 9.1 - Graphical Analysis In Exercises 912, determine...Ch. 9.1 - Graphical Analysis In Exercises 912, determine...Ch. 9.1 - In Exercises 13 and 14, identify the explanatory...Ch. 9.1 - In Exercises 13 and 14, identify the explanatory...Ch. 9.1 - Graphical Analysis In Exercises 1518, the scatter...Ch. 9.1 - Graphical Analysis In Exercises 1518, the scatter...Ch. 9.1 - Graphical Analysis In Exercises 1518, the scatter...Ch. 9.1 - Graphical Analysis In Exercises 1518, the scatter...Ch. 9.1 - In Exercises 1922, two variables are given that...Ch. 9.1 - In Exercises 1922, two variables are given that...Ch. 9.1 - In Exercises 1922, two variables are given that...Ch. 9.1 - In Exercises 1922, two variables are given that...Ch. 9.1 - Constructing a Scatter Plot and Determining...Ch. 9.1 - Constructing a Scatter Plot and Determining...Ch. 9.1 - Constructing a Scatter Plot and Determining...Ch. 9.1 - Constructing a Scatter Plot and Determining...Ch. 9.1 - Constructing a Scatter Plot and Determining...Ch. 9.1 - Constructing a Scatter Plot and Determining...Ch. 9.1 - In Exercise 23, add data for a child who is 6...Ch. 9.1 - In Exercise 24, remove the data for the girl who...Ch. 9.1 - In Exercise 25, remove the data for the...Ch. 9.1 - In Exercise 26, add data for an international...Ch. 9.1 - The t-Test for Correlation Coefficients In...Ch. 9.1 - The t-Test for Correlation Coefficients In...Ch. 9.1 - The t-Test for Correlation Coefficients In...Ch. 9.1 - The t-Test for Correlation Coefficients In...Ch. 9.1 - Interchanging x and y In Exercise 26, let the time...Ch. 9.1 - Generate a new data set. Using your knowledge of...Ch. 9.1 - Describe how to create a data set with a value of...Ch. 9.1 - Describe how to create a data set with a value of...Ch. 9.1 - Try to create a data set with a value of r that is...Ch. 9.2 - Find the equation of the regression line for the...Ch. 9.2 - Use technology to find the equation of the...Ch. 9.2 - The regression equation for the Old Faithful data...Ch. 9.2 - What is a residual? Explain when a residual is...Ch. 9.2 - Two variables have a positive linear correlation....Ch. 9.2 - Explain how to predict y-values using the equation...Ch. 9.2 - For a set of data and a corresponding regression...Ch. 9.2 - In order to predict y-values using the equation of...Ch. 9.2 - Why is it not appropriate to use a regression line...Ch. 9.2 - In Exercises 712, match the description in the...Ch. 9.2 - In Exercises 712, match the description in the...Ch. 9.2 - In Exercises 712, match the description in the...Ch. 9.2 - In Exercises 712, match the description in the...Ch. 9.2 - In Exercises 712, match the description in the...Ch. 9.2 - In Exercises 712, match the description in the...Ch. 9.2 - Graphical Analysis In Exercises 1316, match the...Ch. 9.2 - Graphical Analysis In Exercises 1316, match the...Ch. 9.2 - Graphical Analysis In Exercises 1316, match the...Ch. 9.2 - Graphical Analysis In Exercises 1316, match the...Ch. 9.2 - Finding the Equation of a Regression Line In...Ch. 9.2 - Finding the Equation of a Regression Line In...Ch. 9.2 - Finding the Equation of a Regression Line In...Ch. 9.2 - Finding the Equation of a Regression Line In...Ch. 9.2 - Finding the Equation of a Regression Line In...Ch. 9.2 - Finding the Equation of a Regression Line In...Ch. 9.2 - Finding the Equation of a Regression Line In...Ch. 9.2 - Finding the Equation of a Regression Line In...Ch. 9.2 - Finding the Equation of a Regression Line In...Ch. 9.2 - Finding the Equation of a Regression Line In...Ch. 9.2 - Registered Nurse Salaries In Exercises 2730, use...Ch. 9.2 - Registered Nurse Salaries In Exercises 2730, use...Ch. 9.2 - Registered Nurse Salaries In Exercises 2730, use...Ch. 9.2 - Registered Nurse Salaries In Exercises 2730, use...Ch. 9.2 - Interchanging X and y In Exercises 31 and 32,...Ch. 9.2 - Interchanging X and y In Exercises 31 and 32,...Ch. 9.2 - In Exercises 33 and 34, (a) find the equation of...Ch. 9.2 - In Exercises 33 and 34, (a) find the equation of...Ch. 9.2 - In Exercises 35 and 36, (a) construct a scatter...Ch. 9.2 - Prob. 36ECh. 9.2 - Prob. 37ECh. 9.2 - Prob. 38ECh. 9.2 - Prob. 39ECh. 9.2 - Prob. 40ECh. 9.2 - Prob. 41ECh. 9.2 - Prob. 42ECh. 9.2 - Prob. 43ECh. 9.2 - Prob. 44ECh. 9.2 - Prob. 45ECh. 9.2 - Prob. 46ECh. 9.2 - Prob. 47ECh. 9.2 - Prob. 48ECh. 9.2 - Prob. 1ACh. 9.2 - Prob. 2ACh. 9.2 - Prob. 3ACh. 9.2 - Prob. 4ACh. 9.3 - The correlation coefficient for the Old Faithful...Ch. 9.3 - Prob. 2TYCh. 9.3 - Using the results of Example 2, construct a 95%...Ch. 9.3 - Graphical Analysis In Exercises 13, use the...Ch. 9.3 - Graphical Analysis In Exercises 13, use the...Ch. 9.3 - Graphical Analysis In Exercises 13, use the...Ch. 9.3 - The coefficient of determination r2 is the ratio...Ch. 9.3 - What is the coefficient of determination for two...Ch. 9.3 - Two variables have a bivariate normal...Ch. 9.3 - In Exercises 710, use the value of the correlation...Ch. 9.3 - In Exercises 710, use the value of the correlation...Ch. 9.3 - In Exercises 710, use the value of the correlation...Ch. 9.3 - In Exercises 710, use the value of the correlation...Ch. 9.3 - Finding the Coefficient of Determination and the...Ch. 9.3 - Finding the Coefficient of Determination and the...Ch. 9.3 - Finding the Coefficient of Determination and the...Ch. 9.3 - Finding the Coefficient of Determination and the...Ch. 9.3 - Finding the Coefficient of Determination and the...Ch. 9.3 - Finding the Coefficient of Determination and the...Ch. 9.3 - Finding the Coefficient of Determination and the...Ch. 9.3 - Finding the Coefficient of Determination and the...Ch. 9.3 - Finding the Coefficient of Determination and the...Ch. 9.3 - Finding the Coefficient of Determination and the...Ch. 9.3 - Constructing and Interpreting a Prediction...Ch. 9.3 - Constructing and Interpreting a Prediction...Ch. 9.3 - Constructing and Interpreting a Prediction...Ch. 9.3 - Constructing and Interpreting a Prediction...Ch. 9.3 - STEM Employment and Mean Wage The table shows the...Ch. 9.3 - Constructing and Interpreting a Prediction...Ch. 9.3 - Constructing and Interpreting a Prediction...Ch. 9.3 - Fund Assets The table shows the total assets (in...Ch. 9.3 - New-Vehicle Sales The table shows the numbers of...Ch. 9.3 - New-Vehicle Sales The table shows the numbers of...Ch. 9.3 - Old Vehicles In Exercises 3134, use the figure...Ch. 9.3 - Old Vehicles In Exercises 3134, use the figure...Ch. 9.3 - Old Vehicles In Exercises 3134, use the figure...Ch. 9.3 - Old Vehicles In Exercises 3134, use the figure...Ch. 9.3 - Prob. 35ECh. 9.3 - Prob. 36ECh. 9.3 - Prob. 37ECh. 9.3 - In Exercises 37 and 38, construct the indicated...Ch. 9.4 - A statistics professor wants to determine how...Ch. 9.4 - Use the regression equation found in Try It...Ch. 9.4 - Predicting y-Values In Exercises 14, use the...Ch. 9.4 - Predicting y-Values In Exercises 14, use the...Ch. 9.4 - Prob. 3ECh. 9.4 - Predicting y-Values In Exercises 14, use the...Ch. 9.4 - Finding a Multiple Regression Equation In...Ch. 9.4 - Finding a Multiple Regression Equation In...Ch. 9.4 - In Exercises 7 and 8, calculate r2adi and...Ch. 9.4 - In Exercises 7 and 8, calculate r2adi and...Ch. 9 - In Exercises 14, (a) display the data in a scatter...Ch. 9 - In Exercises 14, (a) display the data in a scatter...Ch. 9 - In Exercises 14, (a) display the data in a scatter...Ch. 9 - In Exercises 14, (a) display the data in a scatter...Ch. 9 - Prob. 9.1.5RECh. 9 - Prob. 9.1.6RECh. 9 - Prob. 9.1.7RECh. 9 - Prob. 9.1.8RECh. 9 - In Exercises 912, find the equation of the...Ch. 9 - Prob. 9.2.10RECh. 9 - In Exercises 912, find the equation of the...Ch. 9 - Prob. 9.2.12RECh. 9 - In Exercises 1316, use the value of the...Ch. 9 - Prob. 9.3.14RECh. 9 - Prob. 9.3.15RECh. 9 - Prob. 9.3.16RECh. 9 - Prob. 9.3.17RECh. 9 - Prob. 9.3.18RECh. 9 - Prob. 9.3.19RECh. 9 - Prob. 9.3.20RECh. 9 - Prob. 9.3.21RECh. 9 - In Exercises 1924, construct the indicated...Ch. 9 - Prob. 9.3.23RECh. 9 - Prob. 9.3.24RECh. 9 - Prob. 9.4.25RECh. 9 - Prob. 9.4.26RECh. 9 - Prob. 9.4.27RECh. 9 - Prob. 9.4.28RECh. 9 - Prob. 1CQCh. 9 - For Exercises 18, use the data in the table, which...Ch. 9 - Prob. 3CQCh. 9 - Prob. 4CQCh. 9 - Prob. 5CQCh. 9 - Prob. 6CQCh. 9 - Prob. 7CQCh. 9 - For Exercises 18, use the data in the table, which...Ch. 9 - Prob. 9CQCh. 9 - Net Sales The equation used to predict the net...Ch. 9 - For Exercises 29, use the data in the table, which...Ch. 9 - For Exercises 29, use the data in the table, which...Ch. 9 - For Exercises 29, use the data in the table, which...Ch. 9 - For Exercises 29, use the data in the table, which...Ch. 9 - For Exercises 29, use the data in the table, which...Ch. 9 - For Exercises 29, use the data in the table, which...Ch. 9 - For Exercises 29, use the data in the table, which...Ch. 9 - For Exercises 29, use the data in the table, which...Ch. 9 - Analyzing the Data (a) The data in the table show...Ch. 9 - Making Predictions Construct a 95% prediction...Ch. 9 - Prob. 1TCh. 9 - Prob. 2TCh. 9 - Prob. 3TCh. 9 - Prob. 4TCh. 9 - Prob. 5TCh. 9 - Use technology to find the multiple regression...Ch. 9 - Prob. 7T
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
- Use this data for the exercises that follow: In 2013, there were roughly 317 million citizens in the United States, and about 40 million were elderly (aged 65 and over).[34] 60. It is predicted that by 2030, one in five U.S. citizens will be elderly. How much greater will the chances of meeting an elderly person be at that time? What policy changes do you foresee if these statistics hold true?arrow_forwardCholesterol Cholesterol in human blood is necessary, but too much can lead to health problems. There are three main types of cholesterol: HDL (high-density lipoproteins), LDL (low-density lipoproteins), and VLDL (very low-density lipoproteins). HDL is considered “good” cholesterol; LDL and VLDL are considered “bad” cholesterol. A standard fasting cholesterol blood test measures total cholesterol, HDL cholesterol, and triglycerides. These numbers are used to estimate LDL and VLDL, which are difficult to measure directly. Your doctor recommends that your combined LDL/VLDL cholesterol level be less than 130 milligrams per deciliter, your HDL cholesterol level be at least 60 milligrams per deciliter, and your total cholesterol level be no more than 200 milligrams per deciliter. (a) Write a system of linear inequalities for the recommended cholesterol levels. Let x represent the HDL cholesterol level, and let y represent the combined LDL VLDL cholesterol level. (b) Graph the system of inequalities from part (a). Label any vertices of the solution region. (c) Is the following set of cholesterol levels within the recommendations? Explain. LDL/VLDL: 120 milligrams per deciliter HDL: 90 milligrams per deciliter Total: 210 milligrams per deciliter (d) Give an example of cholesterol levels in which the LDL/VLDL cholesterol level is too high but the HDL cholesterol level is acceptable. (e) Another recommendation is that the ratio of total cholesterol to HDL cholesterol be less than 4 (that is, less than 4 to 1). Identify a point in the solution region from part (b) that meets this recommendation, and explain why it meets the recommendation.arrow_forward6 The observed policy amount for the policy holder in previous question is 280 ($1,000) The prediction error is _______. a 9.399 b 7.833 c 6.527 d 5.439arrow_forward
- 73. Jake took math last semester. The table below shows what portion of the grade was for each component (weight) and the second line is Jake's individual percent he scored. Determine his final grade (expressed as a percentage) in the class using expected value. Exam 1 Exam 2 Classwork Homework 15% Presentation Final 15% 25% Weight Jake's Score 15% 20% 10% 72% 88% 91% 77% 85% 83%arrow_forward6:56 (a) Which variable is the explanatory variable? One of the biggest factors in determining the value of a home is the square footage. The accompanying data represent the square footage and selling price (in thousands of dollars) for a random sample of homes for sale in a certain region. Complete parts (a) through (h) below. Click the icon to view the housing data. Square Footage Selling Price (b) Draw a scatter diagram of the data. Choose the correct scatter diagram below. O A. АУ 4500- 1000- ...m 1000 4500 Data Table Square Footage, x 2148 3231 1177 1988 3064 2735 4146 2215 2625 1629 1773 3887 Print B. AX 4500+ 1000+ 150 ● ↓ ||| = 750 Done (c) Determine the linear correlation coefficient between square footage and asking price. r = 0.905 B. No a house of square feet is not possible. (Type an integer or a simplified fraction.) Ау 750- Selling Price ($000s), y D 371.1 382.2 197.6 339.9 614.9 364.7 632.7 377.7 427.5 285.9 268.9 701.4 150+ 1000 A. No-a house of square feet is outside…arrow_forwardA critically important aspect of customer service in a supermarket is the waiting time at the checkout (defined as the time the customer enters the line until he or she is served). Data were collected during time periods where there were a constant number of checkout counters open. The total number of customers in the store and the waiting times (in minutes) were recorded. The results are displayed in the accompanying table. Complete parts (a) through (d). LOADING... Click the icon to view the data table. a. Construct a scatter diagram. Choose the correct graph below. A. 05006CustomersTime x y graph B. 06050TimeCustomers x y graph C. 05006CustomersTime x y graph D. 06050TimeCustomers x y graph b. Assuming a linear relationship, use the least-squares method to find the regression coefficients b0 and b1. b0 = enter your…arrow_forward
- I need help with my assignmentarrow_forwardTopic: Understanding the Data Around Us Instructions: 1. Show your complete solutions and highlight/box your final answers. 2. If you will use Excel, simply get the important values in the Data Analysis and write/type them in your paper. You don't need to include the entire results in your solutions, just get the essential values. Question: 3. A medical researcher wishes to see if hospital patients in a large hospital have the same blood type distribution as those in the general population. The distribution for the general population is as follows: type A, 20%; type B, 28%; type O, 36%; and type AB, 16%. He selects a random sample of 50 patients and finds the following: 12 have type A blood, 8 have type B, 24 have type O, and 6 have type AB blood. At a = 0.10, can it be concluded that the distribution is the same as that of the general population? State the correct interpretations and conclusion.arrow_forwarde A researcher with the Department of Education followed a cohort of students who graduated from high school in a certain year, monitoring the progress the students made toward completing a bachelor's degree. One aspect of his research vas to determine whether students who first attended community college took longer to attain a bachelor's degree than those who immediately attended and remained at a 4-year institution. The data in the table attached below summarize the esults of his study. Complete parts a) through e) below. E Click the icon to view the sample data. OA. The samples are independent. O B. The samples can be reasonably assumed to be random. OC. The population is given to be normally distributed. OD. The sample sizes are large (both greater than or equal to 30). O E. The sample sizes are not more than 5% of the population. :) Does the evidence suggest that community college transfer students take longer to attain a bachelor's degree? Use an a= 0.10 level of significance.…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Big Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin HarcourtLinear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage Learning
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillHolt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Linear Algebra: A Modern Introduction
Algebra
ISBN:9781285463247
Author:David Poole
Publisher:Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
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