Questions
The home run percentage is the number of home runs per 100 times at bat. A...

The home run percentage is the number of home runs per 100 times at bat. A random sample of 43 professional baseball players gave the following data for home run percentages. 1.6 2.4 1.2 6.6 2.3 0.0 1.8 2.5 6.5 1.8

2.7 2.0 1.9 1.3 2.7 1.7 1.3 2.1 2.8 1.4

3.8 2.1 3.4 1.3 1.5 2.9 2.6 0.0 4.1 2.9

1.9 2.4 0.0 1.8 3.1 3.8 3.2 1.6 4.2 0.0

1.2 1.8 2.4

(a) Use a calculator with mean and standard deviation keys to find x and s. (Round your answers to two decimal places.) x = % s = %

(b) Compute a 90% confidence interval for the population mean μ of home run percentages for all professional baseball players. Hint: If you use the Student's t distribution table, be sure to use the closest d.f. that is smaller. (Round your answers to two decimal places.) lower limit % upper limit %

(c) Compute a 99% confidence interval for the population mean μ of home run percentages for all professional baseball players. (Round your answers to two decimal places.) lower limit % upper limit %

In: Statistics and Probability

4712.1 4493.7 4718.6 Find out the percentage growth of the revenues of three years

4712.1
4493.7
4718.6

Find out the percentage growth of the revenues of three years

In: Accounting

The desired percentage of Silicon Dioxide in a certain type of aluminous cement is 5.5. Sixteen...

  1. The desired percentage of Silicon Dioxide in a certain type of aluminous cement is 5.5. Sixteen independently obtained samples are analyzed, the sample statistics are: sample mean, x=5.25 and, sample standard deviation, s=0.3. We need to test if the true mean Silicon Dioxide percentage significantly differs from 5.5.

  1. Write down the null and alternative hypotheses to be tested. Clearly define the terms used.

  1. What is the type of statistical test procedure that should be used to test the hypotheses? Explain.

  1. Construct a 95% confidence interval. Test the hypotheses using the confidence interval. Interpret the test result clearly.

  1. Test the hypotheses using the Test Statistic / Critical Value method (you must clearly indicate the test statistic, and the critical value(s) use Take α=5%).

  1. What is the P value of the test? Test the hypotheses using the P value. Take α=5%.

2. The Izod Impact Test was performed on 20 specimens of PVC pipe. The sample mean is 1.25 and the sample standard deviation is 0.25. We need to test if the true mean Izod impact strength is lesser than 1.5.

  1. Write down the null and alternative hypotheses to be tested. Clearly define the terms used.

  1. What is the type of statistical test procedure that should be used to test the hypotheses? Explain.

  1. Construct a 95% confidence interval. Test the hypotheses using the confidence interval. Interpret the test result clearly

  1. Test the hypotheses using the Test Statistic / Critical Value method (you must clearly indicate the test statistic, and the critical value(s) use Take α=5%).

  1. What is the P value of the test? Test the hypotheses using the P value. Take α=5%.

In: Statistics and Probability

Match the Terms: Income elasticity > 1 Price elasticity = -1 The percentage change in the...

Match the Terms:

Income elasticity > 1

Price elasticity = -1

The percentage change in the quantity demanded due to a 1 percent change in income, holding preferences and relative prices constant

Any good the demand for which decreases as income increases and increases when income decreases, prices and preferences held constant

Price elasticity > -1 (absolute value)

The locus of all points representing the quantities demanded of a good at various levels of income, prices and preferencesheld constant

The percentage change in quantity demanded given a one percent change in price, income and preferences held constant

Shows the relationship between prices and the quantity demanded of 1 good

Income elasticity

      -      

Price elasticity

      -      

Unitary price elasticity

      -      

Price elastic

     

Demand curve

     

Engel curve

      -       

Inferior good

In: Economics

A university planner is interested in determining the percentage of spring semester students who will attend...

  1. A university planner is interested in determining the percentage of spring semester students who will attend summer school. She takes a pilot sample of 160 spring semester students discovering that 56 will return to summer school.
    1. Construct a 90% confidence interval estimate for the percentage of spring semester students who will return to summer school.
    2. Construct a 95% confidence interval estimate for the percentage of spring semester students who will return to summer school.

In: Statistics and Probability

A plant distills liquid air to produce oxygen, nitrogen, and argon. The percentage of impurity in...

A plant distills liquid air to produce oxygen, nitrogen, and argon. The percentage of impurity in the oxygen is thought to be linearly related to the amount of impurities in the air as measured by the “pollution count” in parts per million (ppm). A sample of plant operating data is shown below:

Impurity

Pollution

93.3

1.1

92

1.45

92.4

1.36

91.7

1.59

94

1.08

94.6

0.75

93.6

1.2

93.1

0.99

93.2

0.83

92.9

1.22

92.2

1.47

91.3

1.81

90.1

2.03

91.6

1.75

91.9

1.68

Perform the FULL linear regression analysis.

Please show how to do in Minitab or excel

Thank you

In: Statistics and Probability

What is the difference between the effective annual rate and the annual percentage rate, and when...

What is the difference between the effective annual rate and the annual percentage rate, and when should you use which?

In: Finance

Q1) What is the total percentage return for an investor who purchased a stock for $7.45,...

Q1) What is the total percentage return for an investor who purchased a stock for $7.45, received $2.21 in dividend payments, and sold the stock for $7.61?
Q2)   A stock had the following annual returns:    

-12.77%, 28.32% , 13.55%, and -02.64%.

           What is the stock's:    a) expected return?
           What is the stock's:    b) variance?
           What is the stock's:    c) standard deviation?
Q3) A stock has monthly returns of -06.78%, -09.39% , -00.63%, and 08.61%. What is the stock’s geometric average return?
Q4) A stock has an expected return of 07.81% and a standard deviation of 15.92%. For this stock, what are the:

       a) Upper range of 68% confindence interval
       b) Lower range of 68% confindence interval:
       c) Upper range of 95% confindence interval:
       d) Lower range of 95% confindence interval:
       e) Upper range of 99% confindence interval:
       f) Lower range of 99% confindence interval:

In: Finance

Describe the percentage of sales model and its potential pitfalls in the financial planning process .

Describe the percentage of sales model and its potential pitfalls in the financial planning process .

In: Finance

On a recent trip to the SC DMV, I asked an employee to estimate what percentage...

On a recent trip to the SC DMV, I asked an employee to estimate what percentage of SC drivers arrive to renew their driver’s license with one that is currently expired. She responded that about 30 percent of all such renewals were of this type.

(a) Suppose you observe Y , the number of SC DMV customers seeking renewal to find the first one with an expired license. What is the distribution of Y? Plot the pmf and cdf of Y side by side (like in the notes). (Hint: You can just generate the Y from 1 to 20)

(b) Let W denote the number of SC DMV customers seeking renewal to find the 3rd one with an expired license. What is the distribution of W? Plot the pmf and cdf of W side by side (like in the notes).

(c) Obviously, in parts (a) and (b), you are assuming that Bernoulli trial assumptions hold. State what these are in this application (e.g., think of each customer seeking renewal as a “trial.”)

(d) In parts (a) and (b), find the probability that • among the first 6 customers seeking renewal, none have expired licenses. (Hint: use pgeom(y-1, p)) • you have to observe 10 or more customers seeking renewal to find the 3rd one with an expired license. (Hint: use pnbinom(w-r, r, p))

please include the R code

thanks

In: Statistics and Probability