Many investors and financial analysts believe the Dow Jones
Industrial Average (DJIA) gives a good barometer of the overall
stock market. On January 31, 2006, 9 of the 30 stocks making up the
DJIA increased in price (The Wall Street Journal, February 1,
2006). On the basis of this fact, a financial analyst claims we can
assume that 30% of the stocks traded on the New York Stock Exchange
(NYSE) went up the same day.
A sample of 79 stocks traded on the NYSE that day showed that 33
went up.
You are conducting a study to see if the proportion of stocks that
went up is is significantly more than 0.3. You use a significance
level of α=0.002.
What is the test statistic for this sample? (Report answer
accurate to three decimal places.)
test statistic =
What is the p-value for this sample? (Report answer accurate to
four decimal places.)
p-value =
The p-value is...
This test statistic leads to a decision to...
As such, the final conclusion is that...
In: Math
GBA 306 Statistical Methods of Business II – Case Study – Indiana Real Estate
Ann Perkins, a realtor in Brownsburg, Indiana, would like to use
estimates from a multiple regression model to help prospective
sellers determine a reasonable asking price for their homes. She
believes that the following four factors influence the asking price
(Price) of a house:
1) The square footage of the house (SQFT)
2) The number of bedrooms (Bed)
3) The number of bathrooms (Bath)
4) The lot size (LTSZ) in acres
She randomly collects online listings for 50 single-family homes.
The data file is located in the Blackboard “Case Study Indiana Real
Estate Data File Excel” within the Case Study folder.
Requirements and associated point values:
.
Part 2 – Estimate and interpret a multiple regression model where
the asking price is the response variable and the other four
factors are the explanatory variables.
The end result should be a Excel Regression Output
SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adj. R Square
Standard Error
Observations
ANOVA
Df SS MS
F Significance F
Regression
Residual
Total
Coefficients Standard
Error t Stat P-value Lower
95% Upper 95%
Intercept
SQFT
Bed
Bath
LTSZ
Also provide the estimate model equation: Price =
A total of 40 points will be assigned to Part 2.
Part 3 – Interpret the resulting coefficient of
determination.
A total of 20 points will be assigned to Part 3.
Price SQFT Bed
Bath LTSZ
399900 5.026 4 4.5
0.3
375000 3.2 4 3
5
372000 3.22 5 3
5
370000 4.927 4 4
0.3
325000 3.904 3 3
1
325000 2.644 3 2.5
5
319500 5.318 3 2.5
2.5
312900 3.144 4 2.5
0.3
299900 2.8 4 3
5
294900 3.804 4 3.5
0.2
269000 3.312 5 3
1
250000 3.373 5 3.5
0.2
249900 3.46 2 2.5
0.6
244994 3.195 4 2.5
0.2
244900 2.914 3 3
0.3
239900 2.881 4 5
0.3
234900 1.772 3 2
3.6
234000 2.248 3 2.5
0.3
229900 3.12 5 2.5
0.2
219900 2.942 4 2.5
0.2
209900 3.332 4 2.5
0.2
209850 3.407 3 2.5
0.3
206900 2.092 3 2
0.3
200000 3.859 4 2
0.2
194900 3.326 4 2.5
0.1
184900 1.874 3 2
0.5
179900 1.892 3 1.5
0.7
179500 2.5 4 2.5
0.5
165000 2.435 4 2.5
0.4
159900 2.714 3 2.5
0.2
159900 1.85 3 2.5
0.5
155000 3.068 4 3.5
0.2
154900 2.484 4 2.5
0.3
152000 1.529 4 2
0.4
149900 2.876 4 2.5
0.2
148500 2.211 4 2.5
0.1
146900 1.571 3 2
0.2
145500 1.503 4 2
0.5
144900 1.656 3 2
0.5
144900 1.521 3 2
0.6
139900 1.315 3 2
0.2
137900 1.706 3 2
0.3
132900 2.121 4 2.5
0.1
129900 1.306 3 2
0.5
129736 1.402 3 2
0.5
125000 1.325 3 2
0.3
119500 1.234 3 2
0.2
110387 1.292 3 1
0.2
106699 1.36 3 1.5
0.1
102900 1.938 3 1
0.1
In: Statistics and Probability
If a hotel sells room nights for $80 with a $20 variable cost per room and incurs $17,000 in fixed expenses monthly. What is the breakeven revenue?
$22,666.97
$22,666.87
$22,666.77
$22,666.67
In: Accounting
In: Computer Science
According to Schaller, Park, & Mueller (2003) Past research has indicated that men report higher levels of racism and ethnocentrism than women. What would be another perspective to this finding?
In: Psychology
You are working in an area that has been contaminated by heavy metals, what plant-based strategy will you try to remediate the soil so that you can later create a park?
In: Biology
this is for a project management assigment and it is about the development of a public park and wich is funded by the city
the assigment requires that the table be filed out
[Project Name] united park Communication Plan
Project Manager: jhon oliver
This communication plan describes our strategy for keeping the project’s stakeholders sufficiently informed to avoid any disappointment regarding cost, schedule, or quality goals.
|
Stakeholder |
Information needs |
Frequency |
Medium |
Response |
|
[name] |
|
[daily, weekly, monthly] |
|
[describe] |
|
[name] |
|
[daily, weekly, monthly] |
|
[describe] |
In: Operations Management
Dantley's Furniture manufactures rustic furniture. The cost accounting system estimates manufacturing costs to be $230 per table, consisting of 85% variable costs and 15% fixed costs. The company has surplus capacity available. It is Back Forrest's policy to add 55% markup to full costs. A large hotel chain is currently expanding and has decided to decorate all new hotels using the rustic style. Dantley's Furniture Incorporated is invited to submit a bid to the hotel chain. What is the lowest price per unit Dantley's Furniture should bid on this long- term order ?
Choices : A. $230
B. $196
C. $357
D. $161
In: Accounting
Economics: Supply and Demand
USF issues parking permits to allow students to park on campus. The price of the permit is set by college administrators at their discretion, they do not consider market conditions. At the current price, some students complain that there aren’t enough spaces for them to park.
A) Describe this situation in economic terms and describe what this implies about the market equilibrium and the price of a parking permit.
B) Should the price of a parking permit be raised or lowered to fix this problem? Why? Explain.
C) Use the supply and demand model to describe how a graph of the market for parking permits would be affected by a change in price. You must include a graph and describe the graph.
PLEASE HELP !
In: Economics
A survey claims that the average cost of a hotel room in Atlanta is more than $125.50 per night. To test this claim, a researcher selects a random sample of 55 hotel rooms and finds that the mean cost per night is $130.75. The standard deviation of the population, σ, is known to be $2.50. At a = 0.05, is there enough evidence to support the claim?
Use the P-Value Method of Testing.
In your work space below, you will need to have -
1. The null hypothesis, Ho
2. The alternative hypothesis, H1
3. The test statistic
4. The type of test(left, right, two-tailed) and the p-value
5. The decision to accept Ho or reject Ho
In: Statistics and Probability