Questions
Consider the following data on x = weight (pounds) and y = price ($) for 10...

Consider the following data on x = weight (pounds) and y = price ($) for 10 road-racing bikes.

Brand Weight Price ($)
A 17.8 2,100
B 16.1 6,250
C 14.9 8,370
D 15.9 6,200
E 17.2 4,000
F 13.1 8,500
G 16.2 6,000
H 17.1 2,580
I 17.6 3,500
J 14.1 8,000

These data provided the estimated regression equation

ŷ = 28,243 − 1,418x.

For these data, SSE = 7,368,713.71 and SST = 51,100,800. Use the F test to determine whether the weight for a bike and the price are related at the 0.05 level of significance.

State the null and alternative hypotheses.

H0: β0 ≠ 0
Ha: β0 = 0H0: β1 ≠ 0
Ha: β1 = 0    H0: β0 = 0
Ha: β0 ≠ 0H0: β1 = 0
Ha: β1 ≠ 0H0: β1 ≥ 0
Ha: β1 < 0

Find the value of the test statistic. (Round your answer to two decimal places.)

Find the p-value. (Round your answer to three decimal places.)

p-value =

State your conclusion.

Reject H0. We cannot conclude that the relationship between weight (pounds) and price ($) is significant.Do not reject H0. We conclude that the relationship between weight (pounds) and price ($) is significant.    Do not reject H0. We cannot conclude that the relationship between weight (pounds) and price ($) is significant.Reject H0. We conclude that the relationship between weight (pounds) and price ($) is significant.

In: Statistics and Probability

The following regression model has been proposed to predict sales at a computer store.                            Y=60-2X1+3

The following regression model has been proposed to predict sales at a computer store.

                           Y=60-2X1+30X2+10X3

                           Where

                           X1= competitor’s previous day’s sales (in $1,000s)

                           X2=population within 1 mile (in 1,000s)

                           X3= 1 if radio advertising was used; 0 if otherwise

  1. What is the estimated regression equation if no radio advertising was used?
  1. What is the estimated regression equation if radio advertising was used?
  1. What is the expected amount of sales attributable to radio advertising?

                           Y= Sales (in $1,000s)

In: Statistics and Probability

Data for a sample of 30 apartments in a particular neighborhood are provided in the worksheet....

Data for a sample of 30 apartments in a particular neighborhood are provided in the worksheet. You want to see if there is a direct relationship between Size of the Apartment and Rent.

Rent Size
950 850
1500 1450
1150 1085
1400 1232
950 718
1700 1485
1550 1136
935 726
875 700
1050 956
1400 1100
1650 1500
1875 1985
1800 1674
1395 1223
1375 1225
1100 1300
1500 1345
1200 1150
1150 896
1100 1361
1150 1040
1200 755
800 1000
850 1200
500 650
900 1100
1000 900
1025 1000
900 953

Approximately what percentage of the variation in Rent is explained by the regression model you derived?

Place your answer, rounded to 1 decimal place.

In: Statistics and Probability

1. For each of the following three statements: (1) identify the most suitable statistical test based...

1. For each of the following three statements:
(1) identify the most suitable statistical test based on the problem described
(2) declare the hypotheses of the chosen test, based on the statement (in words or in mathematical language)
(3) establish the statistical decision rule for the chosen test, including the critical value.
(9 points)
(a) Ophthalmologists want to compare the visual acuity of people who have had corrective laser surgery (7 individuals) and those who have not had surgery (10 individuals). Visual acuity is measured as the maximum distance (in m) at which characters can be discerned. The acuity is distributed normally and its variance is homogeneous between the groups.
(b) Ophthalmologists want to compare the visual acuity of people who have had corrective laser surgery (7 individuals) and those who have not had surgery (10 individuals). Visual acuity is measured on a semi-quantitative scale ranging from 0 (poor) to 10 (perfect)

c) Ophthalmologists want to compare the visual acuity of the right eye and the left eye of a group of 10 people. Visual acuity is measured as the maximum distance (in m) at which characters can be discerned. The acuity is distributed normally and its variance is homogeneous between the two eyes

In: Statistics and Probability

2. Solve the following linear program using the graphical solution procedure: Max 8A + 5B s.t....

2. Solve the following linear program using the graphical solution procedure:

Max 8A + 5B s.t.

i. 1A ≤ 120

ii. 1B ≤ 150

iii. 2A + 4B ≤ 700 iv. A, B ≥ 0

In: Statistics and Probability

Hello, I am in need of some assistance in interpreting the data for the two variables...

Hello,

I am in need of some assistance in interpreting the data for the two variables I did in a t-test for in Excel. Variable 1 is Relationship with Direct Supervisor and Variable 2 is the Workplace Happiness Rating. I am supposed to write a 125- to 175-word summary of my interpretation of the results of the t test.

t-Test: Two-Sample Assuming Equal Variances
Variable 1 Variable 2
Mean 2.5 7.4
Variance 1.030612245 2
Observations 50 50
Pooled Variance 1.515306122
Hypothesized Mean Difference 0
df 98
t Stat -19.90287866
P(T<=t) one-tail 1.67192E-36
t Critical one-tail 1.660551217
P(T<=t) two-tail 3.34383E-36
t Critical two-tail 1.984467455

In: Statistics and Probability

5.90 Genetics of peas. According to genetic theory, the blossom color in the second generation of...

5.90 Genetics of peas. According to genetic theory, the blossom color in the second generation of a certain cross of sweet peas should be red or white in a 3:1 ratio. That is, each plant has probability 3/4 of having red blossoms, and the blossom colors of separate plants are independent. (a) What is the probability that exactly 8 out of 10 of these plants have red blossoms? (b) What is the mean number of red-blossomed plants when 130 plants of this type are grown from seeds? (c) What is the probability of obtaining at least 90 red-blossomed plants when 130 plants are grown from seeds?

In: Statistics and Probability

Match the following -A.B.C. A sampling distribution is centered at -A.B.C. A bootstrap distribution is centered...

Match the following

-A.B.C.

A sampling distribution is centered at

-A.B.C.

A bootstrap distribution is centered at

-A.B.C.

A randomization distribution is centered at

A.

the statistic from the original sample.

B.

the null hypothesis value for parameter.

C.

the population parameter.

In: Statistics and Probability

a simple random sample of 28 filtered 100-mm cigarettes is obtained from a normally distributed population...

a simple random sample of 28 filtered 100-mm cigarettes is obtained from a normally distributed population and the tar content of each cigarette is measured. the sample has a standard deviation of 0.16mg.use a 0.05 significance level to test the claim that the tar content of filtered 100-mm cigarettes has a standard deviation different from 0.20 mg, which is the standard deviation for unfiltered King size cigarettes

In: Statistics and Probability

Consider the following example. In a study reported in the California Journal of Nursing, nurses were...

Consider the following example. In a study reported in the California Journal of Nursing, nurses were asked to report their degree of job-related stress. They were asked 15 questions about their work and they responded on a 1-5 scale as the amount of stress they felt. These responses were added up in order to come up with a numeric measure of job stress (15 being the minimum stress and 95 the maximum stress). Below is the Table with 3 of the groups' data: LVN, RN, CNP. This is ANOVA. What do you make of this?

You can do this in SPSS or use the following: http://turner.faculty.swau.edu/mathematics/math241/materials/anova/.

LVN

RN

CNP

81

43

65

41

63

48

68

60

57

69

52

91

54

54

70

62

77

67

76

68

83

56

57

75

61

61

53

65

80

71

64

50

54

69

37

72

83

73

65

85

84

58

75

58

58

In: Statistics and Probability

In an exactly 8 character long password where capital letters, small letters, and digits (0 to...

In an exactly 8 character long password where capital letters, small letters, and digits (0 to 9) must be used. Regardless of the order, how many passwords will use exactly 5 ones, 4 twos, and one Z?

In: Statistics and Probability

Supermarkets have limited the number of customers who are in their stores at any one time....

Supermarkets have limited the number of customers who are in their stores at any one time. At one particular store, store managers decide that 100 customers at one time is necessary to ensure social distancing guidelines mandated by the government. One store manger suspects that the number of customers is more than 100 so he counts the number of customers for a week at different times of the day and on different days of the week. Here are the numbers: 105, 98, 111, 123, 88, 95, 109.

(3pts) Using StatKey, find the p-value:

In: Statistics and Probability

You take your car to the mechanic. The mechanic says that based on the knocking sound...

You take your car to the mechanic. The mechanic says that based on the knocking sound there is a 40% chance that the transmission is the problem, 25% chance it's the pistons, a 25% chance that it's the radiator and a 10% chance that it is none of them. He then hooks up the car to the diagnostic computer and says that the computer is returning an error code. 25% of the time the transmission is faulty, this error appears, 50% of the time the pistons are faulty causing the error to appear, 60% of the time the radiator is causing the error to appear and in 5% of the time the error appears if it isn't the transmission,
pistons or radiator. What is the likely cause of your problem?

In: Statistics and Probability

Is there a relationship between the variables and Success Rating?

  • Is there a relationship between the variables and Success Rating?

In: Statistics and Probability

Lester Hollar is vice president for human resources for a large manufacturing company. In recent years,...

Lester Hollar is vice president for human resources for a large manufacturing company. In recent years, he has noticed an increase in absenteeism that he thinks is related to the general health of the employees. Four years ago, in an attempt to improve the situation, he began a fitness program in which employees exercise during their lunch hour. To evaluate the program, he selected a random sample of eight participants and found the number of days each was absent in the six months before the exercise program began and in the six months following the exercise program. Below are the results.

Employee Before After
1 5 3
2 5 6
3 6 2
4 7 7
5 4 3
6 5 2
7 7 1
8 6 2

  Click here for the Excel Data File

At the 0.025 significance level, can he conclude that the number of absences has declined? Estimate the p-value.

  1. State the decision rule for 0.025 significance level. (Round your answer to 3 decimal places.)

  1. Compute the test statistic. (Round your answer to 3 decimal places.)

  1. The p-value is

  • Between 0.01 And 0.025

  • Between 0.001 And 0.005

  • Between 0.005 And 0.01

  1. State your decision about the null hypothesis.

  • Reject H0

  • Fail to reject H0

hypothesis. Reject H0 Fail to reject H0

In: Statistics and Probability