Question

In: Statistics and Probability

the following data show the yearly budgets for leading business for leading business sectors in the...

the following data show the yearly budgets for leading business for leading business sectors in the United States, in thousand dollars. compute the test value for a difference in means budget. Beverages 163 136 43 41 38 20 18: Electronics 44 35 31 28 22 21 11: food producers 52 37 36 21 19 18 17: Supportive services 47 43 42 34 31 21 17.

Solutions

Expert Solution



Related Solutions

Leading Businesses The following data show the yearly budgets for leading business sectors in the United...
Leading Businesses The following data show the yearly budgets for leading business sectors in the United States. At α = 0.05, is there a significant difference in the mean budgets of the business sectors? The data are in thousands of dollars.Use the traditional method of hypothesis testing unless otherwise specified. a. State the hypotheses and identify the claim. b. Find the critical value. c. Compute the test value. d. Make the decision. e. Summarize the results. Beverages Electronics Food producers...
The following data shows the yearly production data collected from country A and B. Yearly profit...
The following data shows the yearly production data collected from country A and B. Yearly profit in ‘000 Calculate: 1) the coefficient of variation for firms in State A and B 2) the interquartile range for firms in State A and B 3) the median profit for firms in State A and B 4) the mode profit for firms in State A and B 5) the profit variance for firms in State A and B 6) mean deviation from the...
The following data shows the yearly income (in $1,000) and age of a sample of seven...
The following data shows the yearly income (in $1,000) and age of a sample of seven individuals. Income (in $1,000) (Y) Age (X) 20 18 24 20 24 23 25 34 26 24 27 27 34 27 SUMMARY OUTPUT Regression Statistics Multiple R $0.48 R Square $0.23 Adjusted R Square $0.07 Standard Error $4.11 Observations 7 ANOVA df SS MS F Significance F Regression 1 24.79 24.79 1.46 0.28 Residual 5 84.64 16.93 Total 6 109.43 Coefficients Standard Error t...
The following data were collected on the yearly registration for a six sigma seminar at the...
The following data were collected on the yearly registration for a six sigma seminar at the University of Malaya Tahun/Year Pendaftaran/ Registration 1 400 2 600 3 400 4 500 5 1000 6 800 7 700 8 900 9 1200 10 1400 a. Calculate a 3-year moving average to forecast registration from year 4 to year 11.
1) The following data shows the yearly production data collected from firms in XYZ state and...
1) The following data shows the yearly production data collected from firms in XYZ state and ABC state. Yearly production in tons Number of Firms in XYZ Number of Firms in ABC 50 - 150 9 35 150 - 250 10 40 250 - 350 11 56 350 - 450 40 62 450 - 550 56 78 550 - 650 68 55 650 - 750 110 53 750 - 850 125 52 850 - 950 98 44 950 - 1050...
Answer the following questions. Show all work leading to your answer. On a network with an...
Answer the following questions. Show all work leading to your answer. On a network with an IP address of 140.133.28.72 and a subnet mask of 255.248.0.0, what is the network ID? You have decided to create 254 subnets on your Class B network. What subnet mask will you use to accomplish this? What is the maximum number of hosts you can assign to any single subnet? Your workstation's IP address is 10.35.88.12, and your supervisor's workstation's IP address is 10.35.91.4....
In a game show, a wheel of fortune is rotated five times with three sectors of...
In a game show, a wheel of fortune is rotated five times with three sectors of the same size in the colors blue, red and white. What is the probability of the following events? a.) The wheel does not stop in any of the 5 attempts in the red sector. b.) The blue sector is hit exactly 4 times. c.) The sector with the color white occurs at least twice.
The following data represent a company's yearly sales and its advertising expenditure over a period of...
The following data represent a company's yearly sales and its advertising expenditure over a period of 8 years. Advertising Expenditure (in $10,000) (x) Sales in Millions of Dollars (y) 32 15 33 16 34 18 34 17 35 16 37 18 39 21 40 24 ​ a. Develop a scatter diagram of sales versus advertising and explain what it shows regarding the relationship between sales and advertising. b. Compute an estimated regression equation between sales and advertising. c. If the...
The following data represent a company's yearly sales and its advertising expenditure over a period of...
The following data represent a company's yearly sales and its advertising expenditure over a period of 8 years. Advertising Expenditure (in $10,000) (x) Sales in Millions of Dollars (y) 32 15 33 16 34 18 34 17 35 16 37 18 39 21 40 24 ​ a. Develop a scatter diagram of sales versus advertising and explain what it shows regarding the relationship between sales and advertising. b. Compute an estimated regression equation between sales and advertising. c. If the...
The following data represent a company's yearly sales and its advertising expenditure over a period of...
The following data represent a company's yearly sales and its advertising expenditure over a period of 8 years. Advertising Expenditure (in $10,000) (x) Sales in Millions of Dollars (y) 32 15 33 16 34 18 34 17 35 16 37 18 39 21 40 24 ​ a. Develop a scatter diagram of sales versus advertising and explain what it shows regarding the relationship between sales and advertising. b. Compute an estimated regression equation between sales and advertising. c. If the...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT