Questions
TABLE 4-8 (According to the record of the registrar's office at a state university, 35% of...

TABLE 4-8 (According to the record of the registrar's office at a state university, 35% of the students are freshman, 25% are sophomore, 16% are junior, and the rest are senior. Among the freshmen, sophomores, juniors, and seniors, the portion of students who live in the dormitory are, respectively, 80%, 60%, 30%, and 20%. ) 40. Referring to Table 4-8, what is the probability that a randomly selected student is a freshman who lives in a dormitory?

41. Referring to Table 4-8, what is the probability that a randomly selected student is a sophomore who does not live in a dormitory?

42. 130) Referring to Table 4-8, what is the probability that a randomly selected student is a junior who does not live in a dormitory?

43. Referring to Table 4-8, what is the probability that a randomly selected student is a junior or senior who lives in a dormitory?

44. Referring to Table 4-8, what percentage of the students live in a dormitory? 45. Referring to Table 4-8, what percentage of the students do not live in a dormitory?

46. Referring to Table 4-8, if a randomly selected student lives in the dormitory, what is the probability that the student is a freshman?

47. Referring to Table 4-8, if a randomly selected student does not live in the dormitory, what is the probability that the student is a junior or a senior?

In: Math

If an IQ distribution is normal and has a mean of 100 and a standard deviation...

If an IQ distribution is normal and has a mean of 100 and a standard deviation of 15, then 99% of all those taking the test scored between IQ's of
A. 0 and 150
B. 55 and 145
C. 92.5 and 107.5

In: Math

Siberian Charter Adventures is an independent Canadian company focused on providing unique charter tours to Siberia....

Siberian Charter Adventures is an independent Canadian company focused on providing unique charter tours to Siberia. The company has averaged between 1,000 and 1,500 tourists per month, and the operations manager wants to develop a forecast model to aid in planning. The operations manager has provided you with historical tourist data for the 24 months in 2014 and 2015.

  1. Download the accompanying data file (MGSC369_R6_A4_datafile) and prepare a set of forecasts for each of the following three methods. Please read the instructions in the ExcelTM file carefully before you begin. Note that the forecasts can be created using Microsoft Excel, and you should submit your spreadsheet with your assignment for grading

Month

Actual Demand (# of Tourists)

Jan-14

1344

Feb-14

1339

Mar-14

1415

Apr-14

1213

May-14

1412

Jun-14

1318

Jul-14

1018

Aug-14

1250

Sep-14

1176

Oct-14

1062

Nov-14

1137

Dec-14

1391

Jan-15

1192

Feb-15

1425

Mar-15

1320

Apr-15

1256

May-15

1288

Jun-15

1420

Jul-15

1478

Aug-15

1198

Sep-15

1203

Oct-15

1002

Nov-15

1246

Dec-15

1339

a) Three-month moving average

b) Exponential smoothing based on what you believe to be an appropriate alpha constant. Provide a brief justification

c) Trend-adjusted exponential smoothing based on what you believe to be appropriate alpha and beta constants. Provide a brief justification for your choices.

  1. Complete the following error summary table of the three forecasts, and then comment on the results. Identify which forecast method you believe the company should adopt.

MAD

MSE

MAPE

three-month moving average

Exponential smoothing

Trend-adjusted exponential smoothing

In: Math

A psychologist wants to see if a certain company has fair hiring practices in an industry...

A psychologist wants to see if a certain company has fair hiring practices in an industry where 60% of the workers are men and 40% are women. She finds that the company has 55 women and 52 men. Test to see if these numbers are different from the industry numbers, and if so, how are they different? Use alpha = .05 and four steps. what is the critical value of the test statistic?

In: Math

Michelle runs a bakery that sells two kinds of cookies. Michelle knows the bakery must make...

Michelle runs a bakery that sells two kinds of cookies. Michelle knows the bakery must make at least 10 and at most 48 trays of the Nutty Squirrels. The bakery must also make between 3 and 72 trays of the Chocolate Decadence. The trays of Nutty Squirrels take 9 ounces of flour, while trays of Chocolate Decadence require 8 ounces of flour. The bakery only has 864 ounces of flour available. If trays of Nutty Squirrels generate $1.82 in profit, and trays of Chocolate Decadence generate $2.54, how many trays of the cookies should Michelle have the bakery make to get the most profit?

Nutty Squirrels:
Chocolate Decadence:
Best profit:

In: Math

Consider the following time series data. Week 1 2 3 4 5 6 Value 18 13...

Consider the following time series data. Week 1 2 3 4 5 6 Value 18 13 17 12 17 15 a. Which of the following is a correct time series plot for this data? What type of pattern exists in the data? b. Develop the three-week moving average forecasts for this time series. Compute MSE and a forecast for week (to 2 decimals if necessary). MSE The forecast for week c. Use to compute the exponential smoothing forecasts for the time series. Compute MSE and a forecast for week (to 2 decimals). MSE The forecast for week d. Compare the three-week moving average approach with the exponential smoothing approach using . Which appears to provide more accurate forecasts based on MSE? e. Use a smoothing constant of to compute the MSE (to 2 decimals). Does a smoothing constant of or appear to provide more accurate forecasts based on MSE? The exponential smoothing forecast using provides a forecast than the exponential smoothing forecast using since it has a smaller MSE.

In: Math

Apply the requirements, rules, or recommendations that can guide organizations into successful implementations of embedded analytics...

Apply the requirements, rules, or recommendations that can guide organizations into successful implementations of embedded analytics by selecting a case study from your own work environment.

In: Math

Which test is used when looking at comparison of means from a single dependent variable among...

Which test is used when looking at comparison of means from a single dependent variable among two or more groups or samples?

In: Math

The accompanying data show the number of people working and the sales for a small bookstore....

The accompanying data show the number of people working and the sales for a small bookstore. The regression line is given below. The bookstore decides to have a gala event in an attempt to drum up business. They hire 103 employees for the day and bring in a total of $ 41,000.

Sales = 7.873 + 0.946(Number of Salespeople Working)

Number of Salespeople Working // Sales

2 // 9

3 // 12

7 // 14

9 // 14

10 // 17

10 // 20

12 // 20

16 // 23

16 // 22

22 // 29

x (overline) = 10.7

y (overline) = 18.0

SD(x) = 6.13

SD(y) = 5.96

Complete parts a through d below.

a) Find the regression line predicting Sales from Number of people working with the new point added.

b) What has changed from the original regression​ equation? ​

c) Is the new point a high leverage point or an influential​ point? ​

d) Does the new point have a large​ residual? .

In: Math

Let (X1, X2) have a bivariate normal distribution with mean vector (µ1, µ2), variance σ 12...

Let (X1, X2) have a bivariate normal distribution with mean vector (µ1, µ2), variance σ 12 for X1 and σ 2 2 for X2 and correlation cor(X1, X2) = ρ.

(a) Write down the joint density f(x1, x2).

(b) Find the marginal distribution f(x1)

(c) Find the conditional distribution f(x1 | x2) and the mean and variance of the conditional distribution.

(d) Obtain the likelihood equations and calculate the MLE for µ1, µ2, σ12 , σ2 2 , ρ.

In: Math

In 2001​, a reproductive clinic reported 43 live births to 169 women under the age of​...

In 2001​, a reproductive clinic reported 43 live births to 169 women under the age of​ 38, but only 9 live births for 75 clients aged 38 and older. Is there evidence of a difference in the effectiveness of the​ clinic's methods for older​ women? Determine the test statistic, the p-value, and if there is a difference, estimate the difference p1-p2 with a 95% confidence interval.

In: Math

Question 2 (6 marks) Part a) Calculate the statistic, set up the rejection region, interpret the...


Question 2
Part a)
Calculate the statistic, set up the rejection region, interpret the result, and draw the sampling distribution.
i)
ii)
Part b)
H0: H1:
Given that: σ=10, n=100,
H0: H1:
Given that: σ=15, n=100,
μ=10 μ≠10
X =10, α=0.05. μ=50
μ<50
X =48, α=0.05.
A statistics practitioner is in the process of testing to determine whether is enough evidence to infer that the population mean is different from 180. She calculated the
mean and standard deviation of a sample of 200 observations as X =175 and s=22.
Calculate the value of the test statistic of the test required to determine whether there is enough evidence to infer at the 5% significance level that the population mean is different from 180.

In: Math

Community members who attended the Annual Neighborhood picnic earlier today are experiencing illness which they believe...

Community members who attended the Annual Neighborhood picnic earlier today are experiencing illness which they believe are related to food served at the picnic. Using the table below:

Calculate the attack rate for the 1) baked ham, 2) spinach, and 3) cabbage salad. Show your work.

Which food (of the baked ham, spinach, and cabbage salad) is MOST LIKELY to have caused the illness? Discuss your answer.

Annual Neighborhood Picnic

      Number of Persons Who

       Number of Persons Who

            Ate Specified Food

    Did Not Eat Specified Food

Food

                                                           Ill

Well

Total

Ill

Well

Total

Baked Ham

29

17

46

17

12

29

Spinach

26

17

43

20

12

32

Mashed potatoes

23

14

37

23

14

37

Cabbage salad

18

10

28

28

19

47

Jello

16

7

23

30

22

52

Rolls

21

16

37

25

13

38

Brown bread

18

9

27

28

20

48

In: Math

Kathy Chen​, owner of Flower Hour​, operates a local chain of floral shops. Each shop has...

Kathy Chen​, owner of Flower Hour​, operates a local chain of floral shops. Each shop has its own delivery van. Instead of charging a flat delivery​ fee, Chen wants to set the delivery fee based on the distance driven to deliver the flowers. Chen wants to separate the fixed and variable portions of her van operating costs so that she has a better idea how delivery distance affects these costs. She has the following data from the past seven​ months:

Month

Miles Driven

Van Operating Costs

January. . . . . . . . . . . . . . . . . . . . . .

16,400

$5,480

February. . . . . . . . . . . . . . . . . . . . . .

17,500

$5,400

March. . . . . . . . . . . . . . . . . . . . . .

15,000

$4,950

April. . . . . . . . . . . . . . . . . . . . . .

16,100

$5,270

May. . . . . . . . . . . . . . . . . . . . . .

17,300

$5,740

June. . . . . . . . . . . . . . . . . . . . . .

15,600

$5,440

July. . . . . . . . . . . . . . . . . . . . . .

14,500

$4,680

Use Microsoft Excel to run a regression​ analysis, then do the​ following:

1.

Determine the​ company's cost equation​ (use the output from the Excel​ regression).

2.

Determine the​ R-square (use the output from the Excel​ regression). What does

Flower HourFlower Hour​'s

​R-square indicate?

3.

Predict van operating costs at a volume of

16 comma 00016,000

miles assuming the company would use the cost equation from the Excel regression regardless of its​ R-square. Should the company rely on this cost​ estimate? Why or why​ not?

In: Math

A suburban hotel derives its revenue from its hotel and restaurant operations. The owners are interested...

A suburban hotel derives its revenue from its hotel and restaurant operations. The owners are interested in the relationship between the number of rooms occupied on a nightly basis and the revenue per day in the restaurant. Below is a sample of 25 days (Monday through Thursday) from last year showing the restaurant income and number of rooms occupied. Day Income Occupied Day Income Occupied 1 $ 1,452 20 14 $ 1,425 31 2 1,361 20 15 1,445 51 3 1,426 21 16 1,439 62 4 1,470 80 17 1,348 45 5 1,456 70 18 1,450 41 6 1,430 29 19 1,431 62 7 1,354 70 20 1,446 47 8 1,442 21 21 1,485 43 9 1,394 15 22 1,405 38 10 1,459 36 23 1,461 36 11 1,399 41 24 1,490 30 12 1,458 35 25 1,426 65 13 1,537 51 PictureClick here for the Excel Data File Use a statistical software package to answer the following questions.

b. Determine the coefficient of correlation between the two variables. (Round your answer to 3 decimal places.) Pearson correlation State the decision rule for 0.01 significance level: H0: ρ ≤ 0; H1: ρ > 0 (Round your answer to 3 decimal places.) Reject H0 if t > Compute the value of the test statistic. (Round your answer to 2 decimal places.) Value of the test statistic

c. Is it reasonable to conclude that there is a positive relationship between revenue and occupied rooms? Use the 0.01 significance level. H0, There is a between revenue and occupied rooms.

d. What percent of the variation in revenue in the restaurant is accounted for by the number of rooms occupied? (Round your answer to 1 decimal place.) % of the variation in revenue is explained by variation in occupied rooms.

In: Math