Introductory Statistics (10th Edition)
10th Edition
ISBN: 9780321989178
Author: Neil A. Weiss
Publisher: PEARSON
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Textbook Question
Chapter 2.1, Problem 8E
Top 10 IPOs. An online article from the Washington Post, titled “Facebook Joins Ranks of Largest IPOs in U.S. History,” gave the following information on the top 10 IPOs (initial public offerings) in the United States as of May 2012.
| Rank | Company | IPO ($billions) |
| 1 | Visa | 17.86 |
| 2 | Enel | 16.45 |
| 3 | 16.00 | |
| 4 | General Motors | 15.77 |
| 5 | Deutsche Telekom | 13.00 |
| 6 | AT&T Wireless | 10.62 |
| 7 | Kraft Foods | 8.68 |
| 8 | France Telecom | 7.29 |
| 9 | Telstra | 5.65 |
| 10 | Swisscom | 5.58 |
- a. What type of data is presented in the first column of the table?
- b. What type of data is presented in the second column of the table?
- c. What type of data is presented in the third column of the table?
- d. What type of data is provided by the information that Facebook is a social networking business?
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The following information is taken from Johnson & Johnson's annual reports. Its common stock is listed on the New York Stock Exchange, using the symbol JNJ.
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Using the period 2010–12 as the base period, compute a simple index of international sales for each year from 2013 to 2018. (Round your answers to 1 decimal place.)The index (2010–2012 = 100) for selected years is:
The following information is taken from Johnson & Johnson's annual reports. Its common stock is listed on the New York Stock Exchange, using the symbol JNJ.
Johnson & Johnson
Domestic Sales
International Sales
Employees
Year
($ million)
($ million)
(thousands)
2010
$
29,437
$
32,124
114.0
2011
12,907
36,107
117.9
2012
29,830
37,394
127.6
2013
31,910
39,402
128.1
2014
34,782
39,548
126.5
2015
35,687
34,387
127.1
2016
37,811
34,079
126.4
2017
39,863
36,587
134.0
2018
41,884
39,697
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The following table shows a data set containing information for 45 mutual funds that are part of the Morningstar Funds 500 for 2008. . The data set includes the following five variables:
Use Excel to answer the following question:
a. Prepare a crosstabulation of the data on Fund Type (row variable) and the average annual return over the past 5 years (column variable). Use classes of 0–10, 10–20, 20–30, 30–40, 40–50, and 50–60 for the 5-Year Average Return (%) (Class width is 10).
B. Construct frequency distributions for Fund Type and 5-Year Average Return (%) respectively. Based on the frequency distributions of the two variables, which of the following answers is wrong?
Group of answer choices
Out of the 45 mutual funds, there are 2 funds with 5-year average return of 30 - 40 (%).
Out of the 45 mutual funds, there are 28 funds with 5-year average return of 10 - 20 (%).
Out of the 45 mutual funds, there are 28 DE type of funds.
Out of the 45 mutual funds, there are 10…
Chapter 2 Solutions
Introductory Statistics (10th Edition)
Ch. 2.1 - Give an example, other than those presented in...Ch. 2.1 - Explain the meaning of a. qualitative variable. b....Ch. 2.1 - Explain the meaning of a. qualitative data. b....Ch. 2.1 - Provide a reason why the classification of data is...Ch. 2.1 - Of the variables you have studied so far, which...Ch. 2.1 - For each part of Exercises 2.62.11, classify the...Ch. 2.1 - Earthquakes. The U.S. Geological Survey monitors...Ch. 2.1 - Top 10 IPOs. An online article from the Washington...Ch. 2.1 - Earnings from the Crypt. On the Celebrity NetWorth...Ch. 2.1 - World University Rankings. The Times Higher...
Ch. 2.1 - Recording Industry Statistics. The Recording...Ch. 2.1 - RBI Kings. As reported on MLB.com, the five...Ch. 2.1 - Top Broadcast Shows. As reported in Primetime...Ch. 2.1 - The Fulbright Program. The U.S. governments...Ch. 2.1 - Top 10 Green Cars. The following table presents...Ch. 2.1 - Ordinal Data. Another important type of data is...Ch. 2.2 - What is a frequency distribution of qualitative...Ch. 2.2 - Explain the difference between a. frequency and...Ch. 2.2 - Answer true or false to each of the statements in...Ch. 2.2 - In Exercises 2.202.25, we have presented some...Ch. 2.2 - Prob. 21ECh. 2.2 - In Exercises 2.202.25, we have presented some...Ch. 2.2 - Prob. 23ECh. 2.2 - In Exercises 2.202.25, we have presented some...Ch. 2.2 - In Exercises 2.202.25, we have presented some...Ch. 2.2 - For each data set in Exercises 2.262.31, a....Ch. 2.2 - For each data set in Exercises 2.262.31, a....Ch. 2.2 - For each data set in Exercises 2.262.31, a....Ch. 2.2 - For each data set in Exercises 2.262.31, a....Ch. 2.2 - For each data set in Exercises 2.262.31, a....Ch. 2.2 - For each data set in Exercises 2.262.31, a....Ch. 2.2 - In each of Exercises 2.322.37, we have presented a...Ch. 2.2 - In each of Exercises 2.322.37, we have presented a...Ch. 2.2 - In each of Exercises 2.322.37, we have presented a...Ch. 2.2 - In each of Exercises 2.322.37, we have presented a...Ch. 2.2 - In each of Exercises 2.322.37, we have presented a...Ch. 2.2 - Prob. 37ECh. 2.2 - Health Status. The National Center for Health...Ch. 2.2 - In Exercises 2.392.41, use the technology of your...Ch. 2.2 - Prob. 40ECh. 2.2 - In Exercises 2.392.41, use the technology of your...Ch. 2.3 - Identify an important reason for grouping data.Ch. 2.3 - Do the concepts of class limits, marks, cutpoints,...Ch. 2.3 - State three of the most important guidelines in...Ch. 2.3 - With regard to grouping quantitative data into...Ch. 2.3 - For quantitative data, we examined three types of...Ch. 2.3 - We used slightly different methods for determining...Ch. 2.3 - Explain the difference between a frequency...Ch. 2.3 - Explain the advantages and disadvantages of...Ch. 2.3 - For data that are grouped in classes based on more...Ch. 2.3 - Discuss the relative advantages and disadvantages...Ch. 2.3 - Suppose that you have a data set that contains a...Ch. 2.3 - Suppose that you have constructed a stem-and-leaf...Ch. 2.3 - In each of Exercises 2.542.59, we have presented a...Ch. 2.3 - In each of Exercises 2.542.59, we have presented a...Ch. 2.3 - In each of Exercises 2.542.59, we have presented a...Ch. 2.3 - In each of Exercises 2.542.59, we have presented a...Ch. 2.3 - Prob. 58ECh. 2.3 - In each of Exercises 2.542.59, we have presented a...Ch. 2.3 - Prob. 60ECh. 2.3 - Prob. 61ECh. 2.3 - In Exercises 2.602.71, we have presented some...Ch. 2.3 - In Exercises 2.602.71, we have presented some...Ch. 2.3 - In Exercises 2.602.71, we have presented some...Ch. 2.3 - In Exercises 2.602.71, we have presented some...Ch. 2.3 - Prob. 66ECh. 2.3 - In Exercises 2.602.71, we have presented some...Ch. 2.3 - In Exercises 2.602.71, we have presented some...Ch. 2.3 - Prob. 69ECh. 2.3 - In Exercises 2.602.71, we have presented some...Ch. 2.3 - In Exercises 2.602.71, we have presented some...Ch. 2.3 - Prob. 72ECh. 2.3 - In each of Exercises 2.722.75, construct a dotplot...Ch. 2.3 - Prob. 74ECh. 2.3 - In each of Exercises 2.722.75, construct a dotplot...Ch. 2.3 - In each of Exercises 2.762.79, construct a...Ch. 2.3 - Prob. 77ECh. 2.3 - In each of Exercises 2.762.79, construct a...Ch. 2.3 - Prob. 79ECh. 2.3 - Prob. 80ECh. 2.3 - For each data set in Exercises 2.802.91, use the...Ch. 2.3 - For each data set in Exercises 2.802.91, use the...Ch. 2.3 - For each data set in Exercises 2.802.91, use the...Ch. 2.3 - For each data set in Exercises 2.802.91, use the...Ch. 2.3 - For each data set in Exercises 2.802.91, use the...Ch. 2.3 - For each data set in Exercises 2.802.91, use the...Ch. 2.3 - Prob. 87ECh. 2.3 - Prob. 88ECh. 2.3 - Prob. 89ECh. 2.3 - Prob. 90ECh. 2.3 - Prob. 91ECh. 2.3 - Prob. 92ECh. 2.3 - Age of Passenger Cars. 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Old Faithful is a geyser in...Ch. 2.4 - SnowGoose Nests. In the article Trophic...Ch. 2.4 - Prob. 152ECh. 2.4 - In each of Exercises 2.1522.157, a. use the...Ch. 2.4 - In each of Exercises 2.1522.157, a. use the...Ch. 2.4 - Prob. 155ECh. 2.4 - In each of Exercises 2.1522.157, a. use the...Ch. 2.4 - In each of Exercises 2.1522.157, a. use the...Ch. 2.4 - Standard Normal Distribution. One of the most...Ch. 2.5 - Give one reason why constructing and reading...Ch. 2.5 - Prob. 163ECh. 2.5 - Reading Skills. Each year the director of the...Ch. 2.5 - Americas Melting Pot. The U.S. Census Bureau...Ch. 2.5 - Prob. 167ECh. 2.5 - Drunk-Driving Fatalities. Drunk-driving fatalities...Ch. 2.5 - Prob. 169ECh. 2.5 - Prob. 170ECh. 2.5 - Prob. 171ECh. 2 - This problem is about variables. a. What is a...Ch. 2 - This problem is about data. a. 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