Introduction to Business Statistics

7th Edition

ISBN: 9781111792374

Author: WEIERS

Publisher: Cengage Learning

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Textbook Question

Chapter 1.5, Problem 1.12E

What kinds of statistical data might a burglar alarm company employ in trying to convince urban homeowners to purchase its product?

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Chapter 1 Solutions

Introduction to Business Statistics

Ch. 1.2 - What was the primary use of statistics in ancient...Ch. 1.2 - what ways can business statistics be useful in...Ch. 1.3 - What is the difference between descriptive...Ch. 1.3 - In 2008, Piedmont Natural Gas Corporation sold...Ch. 1.3 - An article in a fitness magazine described a study...Ch. 1.4 - What is the difference between a qualitative...Ch. 1.4 - What is the difference between discrete and...Ch. 1.4 - The Acme School of Locksmithing has been...Ch. 1.4 - Jeff Rowlen, a labor relations expert, has...Ch. 1.4 - The Snowbird Ski Lodge attracts skiers from...

Ch. 1.5 - Restaurants sometimes provide “customer reaction”...Ch. 1.5 - What kinds of statistical data might a burglar...Ch. 1.6 - The text claims that a company or organization...Ch. 1.6 - The headline of an article in your daily newspaper...Ch. 1 - A research firm observes that men are twice as...Ch. 1 - For each of the following, indicate whether the...Ch. 1 - What kinds of statistical data play a role in an...Ch. 1 - For each of the following, indicate the scale of...Ch. 1 - Most undergraduate business students will not go...Ch. 1 - Bill scored 1200 on the Scholastic Aptitude Test...Ch. 1 - Roger Amster teaches an English course in which 40...Ch. 1 - In studying the performance of the company’s stock...

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Cholesterol Cholesterol in human blood is necessary, but too much can lead to health problems. There are three main types of cholesterol: HDL (high-density lipoproteins), LDL (low-density lipoproteins), and VLDL (very low-density lipoproteins). HDL is considered “good” cholesterol; LDL and VLDL are considered “bad” cholesterol. A standard fasting cholesterol blood test measures total cholesterol, HDL cholesterol, and triglycerides. These numbers are used to estimate LDL and VLDL, which are difficult to measure directly. Your doctor recommends that your combined LDL/VLDL cholesterol level be less than 130 milligrams per deciliter, your HDL cholesterol level be at least 60 milligrams per deciliter, and your total cholesterol level be no more than 200 milligrams per deciliter. (a) Write a system of linear inequalities for the recommended cholesterol levels. Let x represent the HDL cholesterol level, and let y represent the combined LDL VLDL cholesterol level. (b) Graph the system of inequalities from part (a). Label any vertices of the solution region. (c) Is the following set of cholesterol levels within the recommendations? Explain. LDL/VLDL: 120 milligrams per deciliter HDL: 90 milligrams per deciliter Total: 210 milligrams per deciliter (d) Give an example of cholesterol levels in which the LDL/VLDL cholesterol level is too high but the HDL cholesterol level is acceptable. (e) Another recommendation is that the ratio of total cholesterol to HDL cholesterol be less than 4 (that is, less than 4 to 1). Identify a point in the solution region from part (b) that meets this recommendation, and explain why it meets the recommendation.

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What kinds of statistical data might a burglar alarm company employ in trying to convince urban homeowners to purchase its product?

Solution Summary: The author explains the kind of information that a burglar alarm company can use in attempting to convince the urban homeowners to buy its item.

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Chapter 1 Solutions

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