According to a recent survey, 73% of college students did not use student loans to pay for college. Write the claim as a mathematical statement. State the null and alternative hypotheses, and...
According to a recent survey, 52% of college students used their own income or savings to pay for college. Write the claim as a mathematical statement. State the null and alternative hypotheses, and...
A high school claims that its mean graduation rate is more than 97%. State H 0 and Ha in words and in symbols. Then determine whether the hypothesis test is left-tailed, right-tailed, or two-tailed....
A transportation network company claims that the mean travel time between two destinations is about 16 minutes. You work for one of the companys competitors and want to reject this claim. How would...
A null hypothesis is rejected with a level of significance of 0.10. Is it also rejected at a level of significance of 0.05? Explain.
Find the P-value for the hypothesis test with the standardized test statistic z. Decide whether to reject H 0 for the level of significance . Right-tailed test z = 2.46 = 0.10
Test the claim about the population mean at the level of significance a. Assume the population is normally distributed. Claim: 22500; = 0.01; = 1200 Sample statistics: x = 23,500, n = 45
Determine the minimum sample size required when you want to be 95% confident that the sample mean is within one unit of the population mean and = 4.8. Assume the population is normally distributed.
Find the critical value(s) and rejection region(s) for the type of t-test with level of significance a and sample size n. Left-tailed test, = 0.10, n = 20
A scientist estimates that the mean carbon dioxide emissions per country in a recent year are greater than 150 megatons. You want to test this estimate. To do so, you determine the carbon dioxide...
Explain how to determine whether a normal distribution can be used to approximate a binomial distribution.
Explain how to test a population proportion p.
As part of your work for an environmental awareness group, you want to test a claim that the mean amount of lead in the air in U.S. cities is less than 0.036 microgram per cubic meter. You find that...
An employment information service claims the mean annual salary for home care physical therapists is more than $80,000. The annual salaries (in dollars) for a random sample of 12 home care physical...
Determine whether a normal sampling distribution can be used. If it can be used, test the claim. Claim: p > 0.70; = 0.04. Sample statistics: p = 0.64, n = 225
A research center claims that at least 27% of U.S. adults think that the IRS will audit their taxes. In a random sample of 1000 U.S. adults in a recent year, 23% say they are concerned that the IRS...
A research center claims that at most 18% of U.S. adults online food purchases are for snacks. In a random sample of 1995 U.S. adults, 20% say their online food purchases are for snacks. At = 0.10,...
Test the claim about the population variance s 2 or standard deviation s at the level of significance a. Assume the population is normally distributed. Claim: 2 17.6; = 0.01. Sample statistics: s...
Describe another way you can perform a hypothesis test for the difference between the means of two populations using independent samples with 1 and 2 known that does not use rejection regions.
Sample 1: The average speed of 23 powerboats using an old hull design Sample 2: The average speed of 14 powerboats using a new hull design Classify the two samples as independent or dependent and...
You interview a random sample of 100 adults. The results of the survey show that 59% of the adults said they live in ways that help protect the environment some of the time. At = 0.05, can you...
An auto manufacturer claims that the variance of the gas mileages in a model of hybrid vehicle is 0.16. A random sample of 30 vehicles has a variance of 0.26. At a = 0.05, is there enough evidence to...
Determine whether there is a perfect positive linear correlation, a strong positive linear correlation, a perfect negative linear correlation, a strong negative linear correlation, or no linear...
Two variables are given that have been shown to have correlation but no cause-and-effect relationship. Describe at least one possible reason for the correlation. Alcohol use and tobacco use.
To compare the dry braking distances from 60 to 0 miles per hour for two makes of automobiles, a safety engineer conducts braking tests for 23 models of Make A and 24 models of Make B. The mean...
The mean ACT English score for 120 high school students is 20.1. Assume the population standard deviation is 6.8. The mean ACT reading score for 150 high school students is 21.3. Assume the...
Construct a 99% confidence interval for the difference between the mean annual salaries of entry level architects in Denver, Colorado, and Los Angeles, California, using the data from Exercise 28....
A researcher wanted to know if using regular fertilizer or organic fertilizer will affect the yield of potatoes. He divided a large parcel of land into 10 small parcels and then randomly selected...
Which of the following values cannot be the probability of an event and why? 2.4 3/8 .63 .55 9/4 2/9 1.0 12/17
A random sample of 2000 adults showed that 1320 of them have shopped at least once on the Internet. What is the (approximate) probability that a randomly selected adult has shopped on the Internet?
In a survey of 1750 females ages 20 to 24 whose highest level of education is completing high school, 64.4% were employed. In a survey of 2000 males ages 20 to 24 whose highest level of education is...
At = 0.01, can you support the claim that the proportion of newlywed Asians who have a spouse of a different race or ethnicity is greater than the proportion of newlywed whites who have a spouse of...
How many different outcomes are possible for 10 tosses of a coin?
A small ice cream shop has 10 flavors of ice cream and 5 kinds of toppings for its sundaes. How many different selections of one flavor of ice cream and one kind of topping are possible?
A couple is planning their wedding reception. The brides parents have given them a choice of four reception facilities, three caterers, five DJs, and two limo services. If the couple randomly selects...
The parameter/parameters of the Poisson probability distribution is/are a. b. and x c. and e
According to a Bureau of Labor Statistics release of March 25, 2015, financial analysts earn an average of $110,510 a year. Suppose that the current annual earnings of all financial analysts have the...
The scatter plots show the results of a survey of 20 randomly selected males ages 24 35. Using age as the explanatory variable, match each graph with the appropriate description. Explain your...
The package of Ecosmart Led 75-watt replacement bulbs that use only 14 watts claims that these bulbs have an average life of 24,966 hours. Assume that the lives of all such bulbs have an approximate...
In Exercise 23, add data for a child who is 6 years old and has a vocabulary size of 900 words to the data set. Describe how this affects the correlation coefficient r. Data from Exercise 23; The...
Terry & Sons makes bearings for autos. The production system involves two independent processing machines so that each bearing passes through these two processes. The probability that the first...
Explain the difference between A and a and between B and b for a regression model.
A nutrition bar manufacturer claims that the standard deviation of the number of grams of carbohydrates in a bar is 1.11 grams. A random sample of 26 bars has a standard deviation of 1.19 grams. At ...
Describe the total variation about a regression line in words and in symbols. Use the figure. (, ). ( 9) y =y
The following table lists the average one-way commuting times (in minutes) from home to work for 30 metropolitan areas around the world with more than 1 million residents (urbandemographics....
Construct an ordered array, given the following data from a sample of n = 7 midterm exam scores in accounting: 68 94 63 75 71 88 64
The following data give the 2015 bonuses (in thousands of dollars) of 10 randomly selected Wall Street managers. 127 82 45 99 153 3261 77 108 68 278 a. Calculate the mean and median for these data....
A statistics professor based her final grades on quizzes, in-class group work, homework, a midterm exam, and a final exam. However, not all of the assignments contributed equally to the final grade....
A company makes five different models of refrigerators. Last year they sold 16,652 refrigerators of all five models. The following table lists the number of different models of refrigerators sold...
According to a survey, 70% of households said that they have never purchased organic fruits or vegetables. Suppose that this result is true for the current population of households. a. Let x be a...
According to the National Association of Colleges and Employers Spring 2015 Salary Survey, the average starting salary for 2014 college graduates was $48,127. Suppose that the mean starting salary of...
According to the American Time Use Survey results released by the Bureau of Labor Statistics on June 24, 2015, Americans age 15 and over watched television for an average of 168 minutes per day....
According to a Pew Research survey conducted in February 2014, 24% of American adults said they trust the government in Washington, D.C., always or most of the time. Suppose that this result is true...
A particular brand of womens jeans is available in seven different sizes, three different colors, and three different styles. How many different womens jeans does the store manager need to order to...
The file Property Taxes contains the property taxes on a $176K home for the 50 states and the District of Columbia. Decide whether the data appear to be approximately normally distributed by a....
Is it true in Example 8.1 on page 280 that you do not know for sure whether the population mean is between 366.33 and 372.21 grams? Explain.
A Pew Research Center survey of 4,787 adults found that 4,178 had bought something online. Of these online shoppers, 789 are weekly online shoppers. a. Construct a 95% confidence interval estimate of...
If a light bulb manufacturing company wants to estimate, with 95% confidence, the mean life of light emitting diode (LED) light bulbs to within 400 hours and also assumes that the population standard...
If you use a 0.01 level of significance in a two-tail hypothesis test, what is your decision rule for rejecting H 0 : = 12.5 if you use the Z test?
In Problems 9.18, 9.19, and 9.20, what is your statistical decision if the alternative hypothesis, H 1 , is 50? In Problems 9.19 In Problem 9.18, how many degrees of freedom does the t test have?...
A marketing researcher wants to estimate the mean amount spent per year ($) on Amazon.com by Amazon Prime member shoppers. Suppose a random sample of 100 Amazon Prime member shoppers who recently...
In a one-tail hypothesis test where you reject H 0 only in the lower tail, what is the p-value if Z STAT = -1.38?
What is meant by the power of a test?
How can a confidence interval estimate for the population mean provide conclusions for the corresponding two-tail hypothesis test for the population mean?
Using the scatter plot of the registered nurse salary data shown below, what type of correlation, if any, do you think the data have? Explain. Use the table, which shows the years of experience of 14...
How do you interpret a coefficient of determination, r 2 , equal to 0.80?
If SSR = 66 and SST = 88, compute the coefficient of determination, r 2 , and interpret its meaning.
What are the assumptions of regression analysis?
The file Bulbs contains the life (in hours) of a sample of forty 6-watt light emitting diode (LED) light bulbs produced by Manufacturer A and a sample of forty 6-watt light emitting diode (LED) light...
How can you evaluate whether the slope of the dependent variable with an independent variable is the same for each level of the dummy variable?
Movie companies need to predict the gross receipts of individual movies once a movie has debuted. The following results, stored in PotterMovies , are the first weekend gross, the U.S. gross, and the...
What is the difference between supervised and unsupervised analytics methods?
What was the average price of a room at two-star, threestar, and four-star hotels around the world during 2016? The file Hotel Prices contains the average hotel room prices in Canadian dollars (about...
Data collected for financial planning: weekly sales (in $), week (week number of the year), sales predicted by last years plan (in $), difference between predicted sales and realized sales (in $)....
Have you wondered how Internet connection speed varies around the globe? The file ConnectionSpeed contains the mean connection speed, the mean peak connection speed, the % of the time the speed is...
A linear regression of the price of external hard drives against their capacity in terabytes had a correlation coefficient of 0.994. What is the value of R 2 for this regression and how do you...
In 42 of the 66 years from 1950 through 2016 (in 2011 there was virtually no change), the S&P 500 finished higher after the first five days of trading. In 37 out of 42 years, the S&P 500 finished...
According to a report by App Annie, a business intelligence company that produces tools and reports for the apps and digital goods industry, smartphone owners are using an average of 30 apps per...
The stock market in Canada reported strong returns in 2016. The population of stocks earned a mean return of 17.5% in 2016. Source: Data extracted from The Wall Street Journal, December 31,...
One of the major measures of the quality of service provided by any organization is the speed with which the organization responds to customer complaints. A large family-held department store selling...
Recently, two students made worldwide headlines by spinning a Belgian euro 250 times and getting 140 headsthats 56%. That makes the 90% confidence interval (51%, 61%). Can we draw any conclusions...
A company hopes to improve customer satisfaction, setting as a goal no more than 5% negative comments. A random survey of 350 customers found only 10 with complaints. a) Create a 95% confidence...
Actuation Consulting conducted a global survey of product teams with the goal of better understanding the dynamics of product team performance and uncovering the practices that make these teams...
IAB conducted a study of 821 U.S. adults to understand the behavioral shift of consumers TV viewing experience. The study found that 460 of U.S. adults own streaming enabled TVs, including smart TVs...
The Society for Human Resource Management (SHRM) collaborated with Globoforce on a series of organizational surveys with the goal of identifying challenges that HR leaders face and what strategies...
The potholes on a major highway in the city of Madison occur at the rate of 3.4 per mile. The random variable X is the number of potholes in 10 miles of randomly selected highway.
PwC takes a closer look at what CEOs are looking for and are finding as new sources of value in their businesses and industries. Based on a 2017 Global CEO survey, CEOs are categorized by the main...
In a study of births in New York State, data were collected from four hospitals coded as follows: (1) Albany Medical Center; (1438) Bellevue Hospital Center; (66) Olean General Hospital; (413) Strong...
Are the birth weights described in Exercise 3 quantitative data or categorical data?
In Problem 13.6 on page 494, a prospective MBA student wanted to predict starting salary upon graduation, based on program per-year tuition. The data are stored in FTMBA. Is an MBA a golden ticket?...
You want to develop a model to predict the asking price of homes based on their size. A sample of 61 single-family houses listed for sale in Silver Spring, Maryland, a suburb of Washington, DC, is...
In a Kelton Research poll, 1114 Americans 18 years of age or older were called after their telephone numbers were randomly generated by a computer, and 36% of the respondents said that they believe...
Heights of adult males are normally distributed. If a large sample of heights of adult males is randomly selected and the heights are illustrated in a histogram, what is the shape of that histogram?
A histogram is to be constructed from the measured breaking points (in pounds) of tested car seatbelts. Identify two key features of a histogram of those values that would suggest that the data have...
The production of wine is a multibillion-dollar worldwide industry. In an attempt to develop a model of wine quality as judged by wine experts, data were collected from red and white wine variants of...
A nonprofit analyst seeks to determine which variables should be used to predict nonprofit charitable commitment, a nonprofit organization commitment to its charitable purpose. Two independent...
Referring to the bookstore data table of Exercise 2, a) For each variable, would you describe it as primarily categorical or quantitative? If quantitative, what are the units? If categorical, is it...
A major factor influencing the rate of growth of a countrys economy is the availability of credit for investment purposes. Domestic credit is the amount of credit given out by the Bank of Canada to...
An online survey of students in a large MBA Statistics class in Toronto asked them to report their total personal investment in the stock market ($), the total number of different stocks currently...
Who discovered penicillin: Sean Penn, William Penn, Penn Jillette, Alexander Fleming, or Louis Pasteur? If you make a random guess for the answer to that question, what is the probability that your...