MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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- The accompanying data are x = advertising share and y = market share for a particular brand of soft drink during 10 randomly selected years. x 0.104 0.072 0.072 0.077 0.086 0.047 0.060 0.050 0.070 0.052 y 0.137 0.127 0.120 0.086 0.079 0.076 0.065 0.059 0.051 0.039 b)Calculate the equation of the estimated regression line. (Round your answers to four decimal places.) d)Calculate a point estimate of ?e. (Round your answer to five decimal places.)arrow_forwardProvidence, RI has the best donuts in the U.S., it’s no question! Consider the following pdfs regarding the two competing bakeries in Providence. Let the random variables X and Y represent the number of donuts produced per hour in which the donut hole was not punched out for bakery X and bakery Y, respectively. X,Y 0 1 2 3 4 5 P(x) .91 .04 .01 .02 .01 .01 P(y) .67 .21 .04 .05 .01 .02 Intuitively, which of the 2 bakeries will have the higher standard deviation with regard to the number of donuts produced per hour in which the donut hole was not punched out? a.) they will have roughly the same standard deviation b.) Bakery X c.) Bakery Y d.) We cannot tell from the given information.arrow_forwardYou currently work for the DARPA, the Defense Advanced Research Projects Agency. You've received reports of some strange things occurring in the small town of Hawkins, Indiana. Let U be a random variable equal to 1 if the citizen has been to the Upside Down and 0 otherwise. Let S be a random variable equal to 1 if a citizen reports being in the presence of a group of misfit kids who claim to be "saving the town" and 0 otherwise The table below shows the joint probability density function for the galactic population Share of Population 0.15 0.32 0.50 0.03 U 0 0 1 1 S 1 0 1 0 Round to 2 decimal places where necessary, unless otherwise stated. Leave your answer in decimals, rather than convert to percentages. A. Evaluate Fu,s (1,0): B. Calculate the share of people who have been to the Upside Down in the population. That is, E(U): C. Calculate the probability of having gone to the Upside Down conditional on meeting this band of misfit kids?. That is, Fus (11):arrow_forward
- Nationally, about 11% of the total U.S. wheat crop is destroyed each year by hail.† An insurance company is studying wheat hail damage claims in a county in Colorado. A random sample of 16 claims in the county reported the percentage of their wheat lost to hail. 16 6 8 9 10 18 14 13 9 10 25 18 13 8 14 3 The sample mean is x = 12.1%. Let x be a random variable that represents the percentage of wheat crop in that county lost to hail. Assume that x has a normal distribution and σ = 5.0%. Do these data indicate that the percentage of wheat crop lost to hail in that county is different (either way) from the national mean of 11%? Use ? = 0.01. (a) What is the level of significance? Compute the z value of the sample test statistic. (Round your answer to two decimal places.)(c) Find (or estimate) the P-value. (Round your answer to four decimal places.)arrow_forwardProvidence, RI has the best donuts in the U.S., it’s no question! Consider the following pdfs regarding the two competing bakeries in Providence. Let the random variables X and Y represent the number of donuts produced per hour in which the donut hole was not punched out for bakery X and bakery Y, respectively. X,Y 0 1 2 3 4 5 P(x) .91 .04 .01 .02 .01 .01 P(y) .67 .21 .04 .05 .01 .02 Given that by 12:30pm (i.e. within the last 30 minutes of the current “hour”) bakery Y has produced 1 donut in which the donut hole was not punched out, what is the probability that they will produce more than 3 donuts in which the donut hole was not punched out by the end of the current “hour” (1pm)? a.) 24% b.) 9% c.) 14% d.) 22% e.) 50%arrow_forwardPart 2 Let x be a random variable that represents the batting average of a professional baseball player. Let y be a random variable that represents the percentage of strikeouts of a professional baseball player. A random sample of n = 6 professional baseball players gave the following information. x 0.338 0.306 0.340 0.248 0.367 0.269 y 3.5 7.7 4.0 8.6 3.1 11.1 Σx = 1.868, Σy = 38, Σx2 = 0.592034, Σy2 = 294.32, Σxy = 11.1556, and r ≈ -0.901. Se ≈ 1.5890, a ≈ 26.420, and b ≈ -64.517. (a) Find the predicted percentage of strikeouts for a player with an x = 0.328 batting average. (Use 2 decimal places.) %(b) Find a 90% confidence interval for y when x = 0.328. (Use 2 decimal places.) lower limit % upper limit %arrow_forward
- Do bonds reduce the overall risk of an investment portfolio? Let x be a random variable representing annual percent return for Vanguard Total Stock Index (all stocks). Let y be a random variable representing annual return for Vanguard Balanced Index (60% stock and 40% bond). For the past several years, we have the following data. x: 15 0 24 28 15 17 36 −9 −16 −16 y: 21 −8 27 10 10 27 22 −2 −3 −1arrow_forwardNationally, about 11% of the total U.S. wheat crop is destroyed each year by hail.† An insurance company is studying wheat hail damage claims in a county in Colorado. A random sample of 16 claims in the county reported the percentage of their wheat lost to hail. 15 7 7 13 13 20 13 12 5 10 26 22 13 7 11 3 The sample mean is x = 12.3%. Let x be a random variable that represents the percentage of wheat crop in that county lost to hail. Assume that x has a normal distribution and σ = 5.0%. Do these data indicate that the percentage of wheat crop lost to hail in that county is different (either way) from the national mean of 11%? Use α = 0.01. (a) What is the level of significance? Compute the z value of the sample test statistic. (Round your answer to two decimal places.)(c) Find (or estimate) the P-value. (Round your answer to four decimal places.)arrow_forwardA pathologist has been studying the frequency of bacterial colonies within the field of a microscope using samples of throat cultures from healthy adults. Long-term history indicates that there is an average of 2.80 bacteria colonies per field. Let r be a random variable that represents the number of bacteria colonies per field. Let O represent the number of observed bacteria colonies per field for throat cultures from healthy adults. A random sample of 100 healthy adults gave the following information. 2 3 4 5 or more 13 18 28 16 17 8 (a) The pathologist wants to use a Poisson distribution to represent the probability of r, the number of bacteria colonies per field. The Poisson distribution is given below. P(r) = r! Here 1 = 2.80 is the average number of bacteria colonies per field. Compute P(r) for r = 0, 1, 2, 3, 4, and 5 or more. (Round your answers to three decimal places.) P(0) = P(1) = Р(2) Р(3) 3 P(4) = %3D P(5 or more) = (b) Compute the expected number of colonies E = 100P(r)…arrow_forward
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