Basic Business Statistics, Student Value Edition
14th Edition
ISBN: 9780134685113
Author: Mark L. Berenson, David M. Levine, David F. Stephan, Kathryn Szabat
Publisher: PEARSON
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Textbook Question
Chapter 18, Problem 11CRP
Zagat’s publishes restaurant rating for various locations in United States. The file Restaurants2 contains the Zagat rating for food, décor, service, cost per person, and popularity index (popularity points the restaurant received divided by the number of people who voted for that restaurant) of various types of restaurants in a large city. You want to study differences in the cost of a meal for the different types of cuisines and also want to be able to predict the cost of a meal. Completely analyze the data.
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The Toyota Camry is one of the best-selling cars in North America. The cost of a previously owned Camry depends on many factors, including the
model year, mileage, and condition. To investigate the relationship between the car's mileage and the sales price for Camrys, the following data
show the mileage and sale price for 19 sales (PriceHub web site, February 24, 2012).
DATA file
Miles (1,000s)
Price ($1,000s)
22
16.2
29
16.0
36
13.8
47
11.5
63
12.5
77
12.9
73
11.2
87
13.0
92
11.8
101
10.8
110
8.3
28
12.5
59
11.1
68
15.0
68
12.2
91
13.0
42
15.6
65
12.7
110
8.3
An analyst might want to determine whether there is a difference in the cost per mile of airfares in the United States between 1979 and 2009 for various cities. The data in Table represent the costs per mile of airline tickets for a sample of 17 cities for both 1979 and 2009.
MarkLines is an online portal (www.marklines.com) that reports automotive industry data. The table below shows the number of cars sold in the United States from January to November in 2017 and 2018. The top 22 manufacturers, plus others, are listed here. Sales data often is reported in this way to compare current sales to last year’s sales.
Car Sales
Manufacturer
Jan.-Nov.2017
Jan.-Nov.2018
GM (Est.)
2,691,493
2,654,568
Ford
2,334,290
2,265,590
Toyota
2,211,533
2,205,762
Fiat Chrysler
1,887,430
2,038,684
Honda
1,492,112
1,449,713
Nissan
1,455,238
1,345,157
Hyundai
621,961
612,225
Subaru
584,614
615,594
Kia
546,629
542,245
Mercedes (includes Sprinter)
332,990
318,012
BMW
271,432
276,657
VW
309,395
322,017
Mazda
262,577
274,455
Audi
199,534
200,558
Tesla (Est.)
40,320
106,050
Land Rover
66,759
81,526
Volvo
71828
89437
Mitsubishi
95,185
109,088
Porsche
51,507
53,116
MINI
42,494
40,887
Jaguar
36,180
27,021
Others
18,901
17,251
smart…
Chapter 18 Solutions
Basic Business Statistics, Student Value Edition
Ch. 18 - In many manufacturing processes, the term...Ch. 18 - Many factors determine the attendance at Major...Ch. 18 - Prob. 3CRPCh. 18 - Prob. 4CRPCh. 18 - Prob. 5CRPCh. 18 - The file Euro Tourism 2 contains a sample of 28...Ch. 18 - The file Philly contains a sample of 25...Ch. 18 - Prob. 8CRPCh. 18 - The file UsedCars contains attributes of cars that...Ch. 18 - A study was conducted to determine whether any...
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