Introduction To Statistics And Data Analysis
6th Edition
ISBN: 9781337793612
Author: PECK, Roxy.
Publisher: Cengage Learning,
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Chapter 9.4, Problem 55E
The following quote is from the article “Credit Card Debt Rises Faster for Seniors” (USA TODAY, July 28, 2009):
The study, which will be released today by Demos a liberal public policy group, shows that low- and middle-income consumers 65 and older carried $10,235 in average credit card debt last year.
What additional information would you want in order to evaluate the accuracy of this estimate? Explain.
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Using the accompanying Home Market Value data and associated regression line,
Market ValueMarket Valueequals=$28,416+$37.066×Square
Feet, compute the errors associated with each observation using the formula
e Subscript ieiequals=Upper Y Subscript iYiminus−ModifyingAbove Upper Y with caret Subscript iYi
and construct a frequency distribution and histogram.
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Part 1
Construct a frequency distribution of the errors,
e Subscript iei.
(Type whole numbers.)
Error
Frequency
minus−15 comma 00015,000less than<
e Subscript iei
less than or equals≤minus−10 comma 00010,000
0
minus−10 comma 00010,000less than<
e Subscript iei
less than or equals≤minus−50005000
5
minus−50005000less than<
e Subscript iei
less than or equals≤0
21
0less than<
e Subscript iei
less than or equals≤50005000
9…
The managing director of a consulting group has the accompanying monthly data on total overhead costs and professional labor hours to bill to clients. Complete parts a through c
Overhead Costs Billable Hours345000 3000385000 4000410000 5000462000 6000530000 7000545000 8000
Using the accompanying Home Market Value data and associated regression line,
Market ValueMarket Valueequals=$28,416plus+$37.066×Square
Feet, compute the errors associated with each observation using the formula
e Subscript ieiequals=Upper Y Subscript iYiminus−ModifyingAbove Upper Y with caret Subscript iYi
and construct a frequency distribution and histogram.
Square Feet Market Value1813 911001916 1043001842 934001814 909001836 1020002030 1085001731 877001852 960001793 893001665 884001852 1009001619 967001690 876002370 1139002373 1131001666 875002122 1161001619 946001729 863001667 871001522 833001484 798001589 814001600 871001484 825001483 787001522 877001703 942001485 820001468 881001519 882001518 885001483 765001522 844001668 909001587 810001782 912001483 812001519 1007001522 872001684 966001581 86200
Chapter 9 Solutions
Introduction To Statistics And Data Analysis
Ch. 9.1 - Three different statistics are being considered...Ch. 9.1 - a. Why is an unbiased statistic generally...Ch. 9.1 - The report The 2016 Consumer Financial Literacy...Ch. 9.1 - The authors of the paper Influence of Biofeedback...Ch. 9.1 - Each person in a random sample of 20 students at a...Ch. 9.1 - Suppose that each of 935 smokers received a...Ch. 9.1 - Given below are the sodium contents (in mg) for...Ch. 9.1 - A random sample of n = 12 four-year-old red pine...Ch. 9.1 - A random sample of 10 houses heated with natural...Ch. 9.2 - Explain which would result in a wider large-sample...
Ch. 9.2 - Explain which would result in a wider large-sample...Ch. 9.2 - The formula used to calculate a large-sample...Ch. 9.2 - The use of the interval p(zcriticalvalue)p(1p)n...Ch. 9.2 - For each of the following combinations of sample...Ch. 9.2 - Discuss how each of the following factors affects...Ch. 9.2 - The USA TODAY Snapshot titled Social Media...Ch. 9.2 - Based on data from a survey of 1200 randomly...Ch. 9.2 - The report Parents, Teens and Digital Monitoring...Ch. 9.2 - If a hurricane was headed your way, would you...Ch. 9.2 - The USA TODAY Snapshot titled Big Bang Theory (USA...Ch. 9.2 - The article Most Dog Owners Take More Pictures of...Ch. 9.2 - The Princeton Review 2016 College Hopes and...Ch. 9.2 - The USA TODAY Snapshot titled Babys First Photo...Ch. 9.2 - The report Job Seeker Nation Study...Ch. 9.2 - USA TODAY reported that the proportion of...Ch. 9.2 - The USA TODAY Snapshot titled Have a Nice Trip...Ch. 9.2 - Business Insider reported that a study...Ch. 9.2 - In 2010, the National Football League adopted new...Ch. 9.2 - The article Most Americans Dont Understand the...Ch. 9.2 - The Gallup Organization conducts an annual survey...Ch. 9.2 - The article Hospitals Dispute Medtronic Data on...Ch. 9.2 - Based on survey of a representative sample of 1000...Ch. 9.2 - A discussion of digital ethics appears in the...Ch. 9.2 - In spite of the potential safety hazards, some...Ch. 9.2 - In 2010, the online security firm Symantec...Ch. 9.3 - Given a variable that has at distribution with the...Ch. 9.3 - The formula used to calculate a confidence...Ch. 9.3 - USA TODAY reported that the average amount of...Ch. 9.3 - Samples of two different models of cars were...Ch. 9.3 - USA TODAY reported that the average amount of...Ch. 9.3 - The paper The Effects of Adolescent Volunteer...Ch. 9.3 - Medical research has shown that repeated wrist...Ch. 9.3 - Students in a representative sample of 65...Ch. 9.3 - The paper referenced in the previous exercise also...Ch. 9.3 - Suppose that a random sample of 50 bottles of a...Ch. 9.3 - The authors of the paper Driving Performance While...Ch. 9.3 - The article The Association Between Television...Ch. 9.3 - The paper Patterns and Composition of Weight...Ch. 9.3 - Because of safety considerations, in May 2003 the...Ch. 9.3 - Example 9.3 gave the following airborne times (in...Ch. 9.3 - Consumer Reports gave the following mileage...Ch. 9.3 - Five students visiting the student health center...Ch. 9.3 - The Bureau of Alcohol, Tobacco, and Firearms...Ch. 9.3 - The formula described in this section for...Ch. 9.4 - The following quote is from the article Credit...Ch. 9.4 - Authors of the news release titled Major Gaps...Ch. 9.4 - The paper The Curious Promiscuity of Queen Honey...Ch. 9.5 - A survey on SodaHead...Ch. 9.5 - Prob. 59ECh. 9.5 - Prob. 60ECh. 9.5 - Prob. 61ECh. 9.5 - Prob. 62ECh. 9.5 - Prob. 63ECh. 9.5 - Prob. 64ECh. 9.5 - Prob. 65ECh. 9.6 - Prob. 66ECh. 9.6 - Prob. 67ECh. 9.6 - Teams in the National Football League (NFL) are...Ch. 9.6 - Prob. 69ECh. 9.6 - The Economist collects data each year on the price...Ch. 9.6 - Major League Baseball (MLB) includes two groups of...Ch. 9 - The article Write It by Hand to Make It Stick...Ch. 9 - Prob. 73CRCh. 9 - The report The 2016 Consumer Financial Literacy...Ch. 9 - The report The Politics of Climate (Pew Research...Ch. 9 - The report referenced in the previous exercise...Ch. 9 - Data from a survey of a representative sample was...Ch. 9 - A manufacturer of small appliances purchases...Ch. 9 - A manufacturer of college textbooks is interested...Ch. 9 - The confidence intervals presented in this chapter...Ch. 9 - Prob. 81CRCh. 9 - The interval from 2.33 to 1.75 captures an area of...
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