Introduction To Statistics And Data Analysis
6th Edition
ISBN: 9781337793612
Author: PECK, Roxy.
Publisher: Cengage Learning,
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Chapter 14.3, Problem 42E
Benevolence payments are monies collected by a church to fund activities and ministries beyond those provided by the church to its own members. The article “Optimal Church Size: The Bigger the Better” (Journal for the Scientific Study of Religion [1993]: 231–241) considered a regression of y = Benevolence payments on x1 = Number of church members,
- a. The
sample size was n = 300 and adjusted R2 = 0.774. Does at least one of the three predictors provide useful information about y? - b. The article reported that b3 = 101.1 and
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The November 24, 2001, issue of The Economist published economic data for 15
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industrial production (IP), consumer prices (CP), and producer prices (PP) from Fall 2000
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yields the following output:
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Predictor
Coef SE Coef
тР
Constant
1.18957 0.42180 2.82 0.018
IP
0.17326 0.041962 4.13 0.002
UNEMP
0.17918 0.045895 3.90 0.003
CP
0.17591 0.11365 1.55 0.153
PP
-0.18393 0.068808 -2.67 0.023
Predict the percent change in GDP for a country with IP = 0.5, UNEMP = 5.7, CP =
3.0, and PP = 4.1.
a.
b.
If two countries differ in unemployment rate by 1%, by how much would you predict
their percent changes in GDP to differ, other…
This problem is inspired by a study of the “gender gap” in earnings in topcorporate jobs [Bertrand and Hallock (2001)]. The study compares totalcompensation among top executives in a large set of U.S. public corporations in the 1990s. (Each year these publicly traded corporations must report total compensation levels for their top five executives.)a. Let Female be an indicator variable that is equal to 1 for females and 0for males. A regression of the logarithm of earnings onto Female yields "ln (Earnings)" = 6.48 - 0.44 Female, SER = 2.65. (0.01) (0.05)i. The estimated coefficient on Female is -0.44. Explain what thisvalue means.ii. The SER is 2.65. Explain what this value means.iii. Does this regression suggest that female top executives earn lessthan top male executives? Explain.iv. Does this regression suggest that there is gender discrimination?Explain.
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Chapter 14 Solutions
Introduction To Statistics And Data Analysis
Ch. 14.1 - Prob. 1ECh. 14.1 - The authors of the paper Weight-Bearing Activity...Ch. 14.1 - Prob. 3ECh. 14.1 - Prob. 4ECh. 14.1 - Prob. 5ECh. 14.1 - Prob. 6ECh. 14.1 - Prob. 7ECh. 14.1 - Prob. 8ECh. 14.1 - Prob. 9ECh. 14.1 - The relationship between yield of maize (a type of...
Ch. 14.1 - Prob. 11ECh. 14.1 - A manufacturer of wood stoves collected data on y...Ch. 14.1 - Prob. 13ECh. 14.1 - Prob. 14ECh. 14.1 - Prob. 15ECh. 14.2 - Prob. 16ECh. 14.2 - State as much information as you can about the...Ch. 14.2 - Prob. 18ECh. 14.2 - Prob. 19ECh. 14.2 - Prob. 20ECh. 14.2 - The ability of ecologists to identify regions of...Ch. 14.2 - Prob. 22ECh. 14.2 - Prob. 23ECh. 14.2 - Prob. 24ECh. 14.2 - Prob. 25ECh. 14.2 - Prob. 26ECh. 14.2 - This exercise requires the use of a statistical...Ch. 14.2 - Prob. 28ECh. 14.2 - The article The Undrained Strength of Some Thawed...Ch. 14.2 - Prob. 30ECh. 14.2 - Prob. 31ECh. 14.2 - Prob. 32ECh. 14.2 - Prob. 33ECh. 14.2 - This exercise requires the use of a statistical...Ch. 14.2 - This exercise requires the use of a statistical...Ch. 14.3 - Prob. 36ECh. 14.3 - Prob. 37ECh. 14.3 - When Coastal power stations take in large amounts...Ch. 14.3 - Prob. 39ECh. 14.3 - The article first introduced in Exercise 14.28 of...Ch. 14.3 - Data from a random sample of 107 students taking a...Ch. 14.3 - Benevolence payments are monies collected by a...Ch. 14.3 - Prob. 43ECh. 14.3 - Prob. 44ECh. 14.3 - Prob. 45ECh. 14.3 - Prob. 46ECh. 14.3 - Exercise 14.26 gave data on fish weight, length,...Ch. 14.3 - Prob. 48ECh. 14.3 - Prob. 49ECh. 14.3 - Prob. 50ECh. 14.4 - Prob. 51ECh. 14.4 - Prob. 52ECh. 14.4 - The article The Analysis and Selection of...Ch. 14.4 - Prob. 54ECh. 14.4 - Prob. 55ECh. 14.4 - Prob. 57ECh. 14.4 - Prob. 58ECh. 14.4 - Prob. 59ECh. 14.4 - Prob. 60ECh. 14.4 - This exercise requires use of a statistical...Ch. 14.4 - Prob. 62ECh. 14 - Prob. 63CRCh. 14 - Prob. 64CRCh. 14 - The accompanying data on y = Glucose concentration...Ch. 14 - Much interest in management circles has focused on...Ch. 14 - Prob. 67CRCh. 14 - Prob. 68CRCh. 14 - Prob. 69CRCh. 14 - A study of pregnant grey seals resulted in n = 25...Ch. 14 - Prob. 71CRCh. 14 - Prob. 72CRCh. 14 - This exercise requires the use of a statistical...
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- A study of emergency service facilities investigated the relationship between the number of facilities and the average distance traveled to provide the emergency service. The following table gives the data collected. Number ofFacilities AverageDistance(miles) 9 1.66 11 1.13 16 0.83 21 0.61 27 0.51 30 0.46 2. .Does a simple linear regression model appear to be appropriate? Explain. a.No, the scatter diagram suggests that there is no relationship. b.No, the scatter diagram suggests that there is a curvilinear relationship. c.Yes, the scatter diagram suggests that there is a linear relationship. 3.Develop an estimated regression equation for the data corresponding to a second-order model with one predictor variable. (Round your numerical values to four decimal places.)arrow_forwardIn a study of housing demand, the county assessor is interested in developing a regression model to estimate the market value (i.e., selling price) of residential property within his jurisdiction. The assessor feels that the most important variable affecting selling price (measured in thousands of dollars) is the size of house (measured in hundreds of square feet). He randomly selected 15 houses and measured both the selling price and size, as shown in the following table. OBSERVATIONi SELLING PRICE (× $1,000)Y SIZE (× 100 ft2 )X 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 265.2 279.6 311.2 328.0 352.0 281.2 288.4 292.8 356.0 263.2 272.4 291.2 299.6 307.6 320.4 12.0 20.2 27.0 30.0 30.0 21.4 21.6 25.2 37.2 14.4 15.0 22.4 23.9 26.6 30.7 a. Plot the data.b. Determine the estimated regression line. Give an economic interpretation of the estimated slope (b) coefficient.c. Determine if size is a statistically significant variable in estimating selling price.d. Calculate the coefficient…arrow_forwardSeven North American Green Frogs (Rana clamitans) had their jumping distance recorded (in mm) multiple times in a laboratory. The mean jumping distance for these frogs along with their length (measured from snout to vent in miMillimeters) are presented in the table below. Length of Frog 52 68 37 65 77 81 59 Mean Jumping Distance 546 673 415 659 793 814 563 (a) Determine the linear regression model that will best predit the mean jumping distance of a North American Green Frog based on the frog's length. (b) How well does the linear regression model fit this sample data? (c) Use the linear regression model to predict the mean jumping distance of a North American Green Frog that is 48 mm in length. No excel, please.arrow_forward
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