MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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The single value of a sample statistic that we assign to the population parameter is a:
a. point estimate
b. unique estimate
c. singular estimate
d. single estimate
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- Which of the following is NOT true? a. Statistics estimate parameters b. Parameters estimate statistics c. parameters are characteristics of populations and statistics are characteristics of samplearrow_forwardThe normal monthly precipitation (in inches) for August is listed for 20 different U.S. cities: 0.4 1.0 1.5 1.6 2.0 2.2 2.4 2.7 3.4 3.4 3.5 3.6 3.6 3.7 3.7 3.9 4.1 4.2 4.2 7.0 Construct a boxplot for the data set. O O O 0.4 0.4 2.0 0.4 2.1 0.4 2.0 2.9 2.85 2.1 3.4 3.7 3.7 7.0 3.8 7.0 3.45 3.8 7.0 7.0arrow_forwardDetermine whether the given percentage is a statistic or a parameter and why. In a study of all 1018 students at Guttman, data showed that 10% live in Queens. a. Parameter because the value is a numerical measurement describing a characteristic of a sample. b. Statistic because the value is a numerical measurement describing a characteristic of a sample. c. Parameter because the value is a numerical measurement describing a characteristic of a population. d. Statistic because the value is a numerical measurement describing a characteristic of a population.arrow_forward
- Find the population mean or sample mean as indicated. Population: 6, 9, 2, 12, 13, 24 A) x = 12 B) x = 13 Ομ- 14 D) μ- 11arrow_forwardA population consists of the following five values: 0, 0, 6, 8, and 10.a. List all samples of size 3, and compute the mean of each sample. (Round your mean value to 2 decimal places.) b. Compute the mean of the distribution of sample means and the population mean. Compare the two values. (Round your answers to 1 decimal place.)arrow_forwardA descriptive statistic is generally defined as: a. the entire group of interest about which we want to make conclusions. b. a single number or group of numbers that organize, summarize, and communicate a group of numerical observations. c. a subset, or smaller collection, of observations from the overall group of interest. d. using data to make general estimates about the overall group of interest.arrow_forward
- 20 computer screens were randomly selected from a large collection of computer screens in a company’s warehouse. These 20 computer screens are referred to as the: test statistic. parameter. population. sample.arrow_forwardAn agent for a residential real estate company in a large city has the business objective of developing more accurate estimates of the monthly rental cost for apartments. Toward that goal, the agent would like to use the size of an apartment, as defined by square footage to predict the monthly rental cost. The agent selects a sample of 25 apartments in a particular residential neighborhood and collects the following data: Size (square feet) Rent ($) 850 1950 1450 2600 1085 2200 1232 2500 718 1950 1485 2700 1136 2650 726 1935 700 1875 956 2150 1100 2400 1285 2650 1985 3300 1369 2800 1175 2400 1225 2450 1245 2100 1259 2700 1150 2200 896 2150 1361 2600 1040 2650 755 2200 1000 1800 1200 2750 Make a Normal Probability Plot and a Residual plot of the Residuals (Y axis) vs. Apartment Size (X axis). Based on these results,…arrow_forwardHere is a histogram for a sample dataset: 25 20 10 240 270 300 330 36 What is the best choice for measures of center and dispersion for this dataset? O Median and IQR O Mean and IQR O Median and S O Mean and S Frequencyarrow_forward
- In point estimation, data from the _____. a. sample are used to estimate the sample statistic b. population are used to estimate the population parameter c. sample are used to estimate the population parameter d. None of these answers are correct.arrow_forwardWhen the data in an investigation are partial and are used to make generalizations about the whole: Select one: A. the whole is called a population. B. All of these answers are correct. C. a particular value of the population is called a parameter. D. the subset is called a sample.arrow_forwardPlease show all your work to receive full credits. The following are sample data provided by a moving company on the weights of six shipments, the distances they are moved, and the damage that that was incurred: Weight (1,000 pounds) Distance Damage (1,000 miles) (dollars) X1 X2 y 4.0 1.5 160 3.0 2.2 112 1.6 1.0 69 1.2 2.0 90 3.4 0.8 123 4.8 1.6 186 a) Fit an equation of the form y bo + b1 x1 + b2 x2 b) Use the equation obtained in part (a) to estimate the damage when a shipment weighting 2200 pounds is moved 1100 miles. Hint: Use the given equation to solve for bo, b1 and b2 and then put it back in y= bo + bị x1 + b2 X2 X2arrow_forward
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