According to the Bureau of Labor Statistics, it takes an average of 22 weeks for someone over 55 to find a new job, compared with 16 weeks for younger workers (The Wall Street Journal, September 2,...
Using data from 1988 for houses sold in Andover, Massachusetts, from Kiel and McClain (1995), the following equation relates housing price (price) to the distance from a recently built garbage...
Billy's Bank is the only bank in a small town in Arkansas. On a typical Friday an average of 10 customers per hour arrive at the bank to transact business. There is one single teller at the bank, and...
A process that produces titanium forgings for automobile turbocharger wheels is to be controlled through the use of a fraction nonconforming chart. Initially, one sample of size 150 is taken each day...
Recall the data on disk drives we saw in chapter 6 exercise 4. Suppose we want to predict Price from Capacity. a) Find the slope estimate, b1. b) What does it mean, in this context? c) Find the...
Lillian purchased a guitar from Smash Music Stores. It regularly sold for $670, but was on sale at 10% off. She paid 8% tax. She bought it on the installment plan and paid 15% of the total cost with...
The Dow Jones Travel Index reported what business travelers pay for hotel rooms per night in major U.S. cities (The Wall Street Journal, January 16, 2004). The average hotel room rates for 20 cities...
Aida created the following double bar graph. It illustrates the actual amount spent this year for household expenses per month and the budgeted amounts for the following year. The following year's...
Refer to the Trowbridge Manufacturing example in Problem 2-35. The quality control inspection procedure is to select 6 items, and if there are 0 or 1 defective cases in the group of 6, the process is...
Dr. Adinombe Watage, deputy director of the Family Planning Research Center in Nigeria's Over-the-River Province, was assigned the task of organizing and training five teams of field workers to...
A paper mill produces rolls of paper that are 10 inches wide and 100 feet long. These rolls are used for creating narrower rolls of paper that are used in cash registers, automatic teller machines...
The U.S. Census Bureau serves as the leading source of quantitative data about the nation's people and economy. The following cross tabulation shows the number of households (1000s) and the household...
A political campaign is entering its final stage, and polls indicate a very close election. One of the candidates has enough funds left to purchase TV time for a total of five prime-time commercials...
Western University has only one womens softball scholarship remaining for the coming year. The final two players that Western is considering are Allison Fealey and Emily Janson. The coaching staff...
1. Develop a flight operations map that still serves each of the nine cities, but maximizes the companys profit per passenger. 2. Comment on how the 16 jets should be assigned. Northeastern Airlines...
The Chamber of Commerce in a Canadian city has conducted an evaluation of 300 restaurants in its metropolitan area. Each restaurant received a rating on a 3-point scale on typical meal price (1 least...
Use Appendix B.5 to locate the value of t under the following conditions. a. The sample size is 15 and the level of confidence is 95%. b. The sample size is 24 and the level of confidence is 98%. c....
A developer wants to know if the houses in two different neighborhoods were built at roughly the same time. She takes a random sample of six houses from each neighborhood and finds their ages from...
1. Conduct a hypothesis test for each sample at the .01 level of significance and determine what action, if any, should be taken. Provide the test statistic and p-value for each test. 2. Compute the...
A metropolitan childrens museum open year-round wants to see if the variance in daily attendance differs between the summer and winter months. Random samples of 30 days each were selected and showed...
Errors in an experimental transmission channel are found when the transmission is checked by a certifier that detects missing pulses. The number of errors found in an eight bit byte is a random...
According to the Internal Revenue Service, the mean tax refund for the year 2013 was $3,000. Assume the standard deviation is $450 and that the amounts refunded follow a normal probability...
Develop a trend line for the demand for fertilizer in Problem 5-15, using any computer software.
The Bureau of Transportation Statistics reports on-time performance for airlines at major U.S. airports. JetBlue, United, and US Airways share terminal C at Bostons Logan Air-port. The percentages of...
Two carts, A and B, are connected by a rope 39 ft long that passes over a pulley P (see the figure). The point Q is on the floor 12 ft directly beneath P and between the carts. Cart A is being pulled...
A boarding stable feeds and houses work horses used to pull tourist-filled carriages through the streets of a historic city. The stable owner wishes to strike a balance between a healthy nutritional...
A Phoenix Wealth Management/Harris Interactive survey of 1500 individuals with net worth of $1 million or more provided a variety of statistics on wealthy people (BusinessWeek, September 22, 2003)....
An investigation of the properties of bricks used to line aluminum smelter pots was published in The American Ceramic Society Bulletin (Feb. 2005). Six different commercial bricks were evaluated. The...
A process produces rubber belts in lots of size 2,500. Inspection records on the last 20 lots reveal the data in Table 6E.5. a. Compute trial control limits for a fraction nonconforming control...
An analyst estimates that the probability of default on a seven-year AA-rated bond is 0.06, while that on a seven-year A-rated bond is 0.13. The probability that they will both default is 0.04. a....
The average family size was reported as 3.18. A random sample of families in a particular school district resulted in the following family sizes: At = 0.05, does the average family size differ from...
Daniel Grady is the financial advisor for a number of professional athletes. An analysis of the long-term goals for many of these athletes has resulted in a recommendation to purchase stocks with...
A producer of a certain type of electronic component ships to suppliers in lots of twenty. Suppose that 60% of all such lots contain no defective components, 30% contain one defective component, and...
Brandon Lang is a creative entrepreneur who has developed a novelty soap item called Jackpot to target consumers with a gambling habit. Inside each bar of Jackpot shower soap is a single rolled-up...
ABC Inc. and XYZ Co. are the two dominant companies providing chargers, adapters, and other accessories for cell phones. Each of these Silicon Valley companies is developing a new line of smartphone...
Refer to the DJIA data in Problem 5- 39. In Problem 5-39, The following table provides the Dow Jones Industrial Average (DJIA) opening index value on the first working day of 19942013: Develop a...
The medal distribution from the 2008 Summer Olympic Games for the top 23 countries is shown below. Choose 1 medal winner at random. a. Find the probability that the winner won the gold medal, given...
In a survey of 529 travelers, 386 said that location was very important and 323 said that room quality was very important in choosing a hotel. a. Construct a 95% confidence interval estimate for the...
In Problem 12.7 on page 424, you used the plate gap on the bag sealing equipment to predict the tear rating of a bag of coffee. Perform a residual analysis for these data (stored in Starbucks). Based...
Calculate a four-quarter weighted moving average for the number of shares outstanding for the Boxley Box Company for the nine quarters of data. The data are reported in thousands. Apply weights of...
A group of Northeastern University researchers developed a new method for ranking the total driving performance of golfers on the Professional Golf Association (PGA) tour (The Sport Journal Winter...
The graph of is shown. Estimate f-3 g(x) dx with six subintervals using (a) Right endpoints, (b) Left endpoints, and (c) Midpoints.
Water exerts pressure on the upstream face of a dam as shown in Figure. The pressure can be characterized by p(z) = pg(D - z) Where p(z) = pressure in pascals (or N/m2) exerted at an elevation z...
In a quality control test of parts manufactured at Dabco Corporation, an engineer sampled parts produced on the first, second, and third shifts. The research study was designed to determine if the...
To test the belief that sons are taller than their fathers, a student randomly selects 13 fathers who have adult male children. She records the height of both he father and son in inches and obtains...
A pediatrician wants to determine the relation that exists between a childs height, x, and head circumference, y. She randomly selects 11 children from her practice, measures their heights and head...
A local TV station conducted a "Pulse-Poll" about the upcoming mayoral election. Evening news viewers were invited to text in their votes, with the results to be announced on the late-night news....
A nervous kicker usually makes 70% of his first field goal attempts. If he makes his first attempt, his success rate rises to 90%. What is the probability that he makes his first two kicks?
Linda Lechner is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand for bandage BX-5 was 60. Furthermore, the standard deviation for BX-5...
Listed below is the number of movie tickets sold at the Library Cinema-Complex, in thousands, for the period from 2001 to 2013. Compute a five-year weighted moving average using weights of .1, .1,...
A sample space S yields five equally likely events, A, B, C, D, and E. a. Find P(D) . b. Find P(Bc) . c. Find P(A C E) .
Because many passengers who make reservations do not show up, airlines often overbook flights (sell more tickets than there are seats). A Boeing 767-400ER holds 245 passengers. If the airline...
For the Hawkins Company, the monthly percentages of all shipments that were received on time over the past 12 months are 80, 82, 84, 83, 83, 84, 85, 84, 82, 83, 84, and 83. a. Compare a three-month...
Trowbridge Manufacturing produces cases for personal computers and other electronic equipment. The quality control inspector for this company believes that a particular process is out of control....
Promotion has been the target of considerable criticism. What specific types of promotion are probably the object of this criticism? Give a particular example that illustrates your thinking.
Use the data in SLEEP75.RAW for this exercise. The equation of interest is sleep = (0 + (1 totwrk + (2educ + (3 age + (4age2 + (5 yngkid + u. (i) Estimate this equation separately for men and women...
The Patricia Garcia Company is producing seven new medical products. Each of Garcia's eight plants can add one more product to its current line of medical devices. The unit manufacturing costs for...
The Laurenster Corporation has determined the client will pay them a $ 10,000 bonus if they complete the project in Problem 11-33 in 14 weeks or less. In Problem 11-33, The Laurenster Corporation...
The Condé Nast Traveler Gold List for 2012 provided ratings for the top 20 small cruise ships (Condé Nast Traveler website, March 1, 2012). The data shown below are the...
(a) By reading values from the given graph of f, use five rectangles to find a lower estimate and an upper estimate for the area under the given graph of f from x = 0 to x = 10. In each case sketch...
A sample of patients arriving at Overbrook Hospitals emergency room recorded the following body temperature readings over the weekend: Construct and interpret a stem-and-leaf diagram. 100.4 99.6...
One cause of the downtime in Problem 3 was traced to a specific piece of computer hardware. Management believes that switching to a different hardware component will result in the following...
Bath concentrations are measured hourly in a chemical process. Data (in ppm) for the last 32 hours are shown in Table 9E.4 (read down from left). The process target is µ0 = 175 ppm. (a)...
An investment broker has been given $250,000 to invest in a 12-month commitment. The money can be placed in Treasury notes (with a return of 8% and a risk score of 2) or in municipal bonds (with a...
Leatherco is contracted to manufacture batches of pants, vests. and jackets. Each product requires a special setup of the machines needed in the manufacturing processes. The following table provides...
A tank holds 1000 gallons of water, which drains from the bottom of the tank in half an hour. The values in the table show the volume V of water remaining in the tank (in gallons) after t minutes....
Emily Smith decides to buy a fuel-efficient used car. Here are several vehicles she is considering, with the estimated cost to purchase and the age of the vehicle. a. Plot these data on a scatter...
In an attempt to determine whether a relationship exists between the price of a home and the number of days it takes to sell the home, a real estate agent collects data on the recent sales of eight...
The director of market research at a large department store chain wanted to conduct a survey throughout a metropolitan area to determine the amount of time working women spend shopping for clothing...
Brand valuations are critical to CEOs, financial and marketing executives, security analysts, institutional investors, and others who depend on well researched, reliable information needed for...
The owner of a chain of three grocery stores has purchased five crates of fresh strawberries. The estimated probability distribution of potential sales of the strawberries before spoilage differs...
A marketing professor at Givens College is interested in the relationship between hours spent studying and total points earned in a course. Data collected on 156 students who took the course last...
The divide and average methods, an old-time method for approximating the square root of any positive number ; can be formulated as x = x + a/x/2. Prove that this is equivalent to the Newton-Raphson...
A federal study reported that 7.5% of the U.S. workforce has a drug problem. A drug enforcement official for the state of Indiana wished to investigate this statement. In her sample of 20 employed...
According to a Gallup Poll, about 17% of adult Americans bet on professional sports. Census data indicate that 48.4% of the adult population in the United States is male. (a) Assuming that betting is...
Use multiple linear regression to derive a predictive equation for dissolved oxygen concentration as a function of temperature and chloride based on the data from Table P20.3. Use the equation to...
CHB, Inc., is a bank holding company that is evaluating the potential for expanding into a 13-county region in the southwestern part of the state. State law permits establishing branches in any...
Refer to the data in Solved Problem 13-1, which deals with Higgins Plumbing and Heating. Higgins has now collected 100 weeks of data and finds the following distribution for sales: Hot Water Number...
An investor wants to select one of seven mutual funds for the coming year. Data showing the percentage annual return for each fund during five typical one-year periods are shown here. The assumption...
The resumes of 2 male applicants for a college teaching position in chemistry are placed in the same file as the resumes of 2 female applicants. Two positions become available and the first, at the...
Do social recommendations increase ad effectiveness? A study of online video viewers compared viewers who arrived at an advertising video for a particular brand by following a social media...
A study by Peter D. Hart Research Associates for the Nasdaq Stock Market revealed that 43% of all American adults are stockholders. In addition, the study determined that 75% of all American adult...
Suppose a 95% confidence interval for the mean salary of college graduates in a town in Mississippi is given by [$36,080, $43,920]. The population standard deviation used for the analysis is known to...
A contestant on the hit reality television show Top Bartender was asked to mix a variety of drinks, each consisting of 4 fluid ounces. No other ingredients were permitted. She was given the following...
A point P needs to be located somewhere on the line AD so that the total length L of cables linking P to the points A, B, and C is minimized (see the figure). Express L as a function of x = | AP |...
A road construction project would increase the road capacity around the outside roads from International Drive to Disney World by 200 cars per hour (Problem 11-19). The two paths affected would be...
The High-Price Oil Company owns a pipeline network that is used to convey oil from its source to several storage locations. A portion of the network is as follows: Due to the varying pipe sizes, the...
For unemployed persons in the United States, the average number of months of unemployment at the end of December 2009 was approximately seven months (Bureau of Labor Statistics, January 2010)....
To calculate a planets space coordinate, we have to solve the function f(x) = x 1 0.5 sin x Let the base point be = xi = /2 on the interval [0, ]. Determine the highest-order Taylor series...
What NCAA college basketball conferences have the higher probability of having a team play in college basketball's national championship game? Over the last 20 years, the Atlantic Coast Conference...
Shorney Construction Company bids on projects assuming that the mean idle time per worker is 72 or fewer minutes per day. A sample of 30 construction workers will be used to test this assumption....
The number of faculty listed for a variety of private colleges that offer only bachelors degrees is listed below. Use these data to construct a frequency distribution with 7 classes, a histogram, a...
A recent national survey found that high school students watched an average (mean) of 6.8 DVDs per month with a population standard deviation of 1.8. The distribution of DVDs watched per month...
A university found that 20% of its students withdraw without completing the introductory statistics course. Assume that 20 students registered for the course. a. Compute the probability that 2 or...
The average mpg usage for a 2009 Toyota Prius for a sample of 10 tanks of gas was 45.5 with a standard deviation of 1.8. For a 2009 Honda Insight, the average mpg usage for a sample of 10 tanks of...
Is an MBA a golden ticket? Pursuing an MBA is a major personal investment. Tuition and expenses associated with business school programs are costly, but the high costs come with hopes of career...
A patient receives a 150-mg injection of a drug every 4 hours. The graph shows the amount f(t) of the drug in the bloodstream after hours. (Later we will be able to compute the dosage and time...
Starting teachers salaries (in equivalent U.S. dollars) for upper secondary education in selected countries are listed below. Which set of data is more variable? (The U.S. average starting salary at...
A silver dollar is flipped twice. Calculate the probability of each of the following occurring: (a) A head on the first flip (b) A tail on the second flip given that the first toss was a head (c) Two...
Andy Lange, president of the University of South Wisconsin, is concerned with the declining business at the University Book Store. The students tell him that the prices are simply too high. Andy,...