Statistical Reasoning for Everyday Life (5th Edition)
5th Edition
ISBN: 9780134494043
Author: Jeff Bennett, William L. Briggs, Mario F. Triola
Publisher: PEARSON
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Chapter 5.1, Problem 8E
Does It Make Sense? For Exercises 5–8, determine whether the statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain clearly; not all of these have definitive answers, so your explanation is more important than your chosen answer.
- 8. Incomes. The distribution of annual incomes of U.S. adults is a
normal distribution .
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Complete Part D
A recent issue of the AARP Bulletin reported that the average weekly pay for a woman with a high school degree is $520 (AARP Bulletin, January–February, 2010). Suppose you would like to determine if the average weekly pay for all working women is significantly greater than that for women with a high school degree. Data providing the weekly pay for a sample of 50 working women are available in the file named WeeklyPay. These data are consistent with the findings reported in the AARP article. Complete D
null hyposthesis: H(o)=520Alternative hypothesis: H(a): greater then 520
sample mean=637.94
the test statistic = 5.62
p-value=0.00
Using a=.05, we would reject the null hypothesis.
D. Repeat the hypothesis test using the critical value approach.
582
333
759
633
629
523
320
685
599
753
553
641
290
800
696
627
679
667
542
619
950
614
548
570
678
697
750
569…
section 4.1 #30
In Exercises 25–30, determine whether the association between the two variables is positive or negative.
Weekly ice cream sales and weekly average temperature
Q. Table gives data on gold prices, the Consumer Price Index (CPI), and the New York Stock Exchange (NYSE) Index for the United States for the period 1974 –2006. The NYSE Index includes most of the stocks listed on the NYSE, some 1500-plus.
a. Plot in the same scattergram gold prices, CPI, and the NYSE Index.
b. An investment is supposed to be a hedge against inflation if its price and /or rate of return at least keeps pace with inflation. To test this hypothesis, suppose you decide to fit the following model, assuming the scatterplot in (a) suggests that this is appropriate:
Gold pricet = β1 + β2 CPIt + ut
NYSE indext = β1 + β2 CPIt + ut
Note that if beta2 = 1 the response exactly grows with CPI
Thank you!
Chapter 5 Solutions
Statistical Reasoning for Everyday Life (5th Edition)
Ch. 5.1 - Normal Distribution. When we refer to a normal...Ch. 5.1 - Normal Shape. Draw a rough sketch of a normal...Ch. 5.1 - Area Under the Curve. What does the area under the...Ch. 5.1 - Normal Conditions. Briefly describe the four...Ch. 5.1 - Does It Make Sense? For Exercises 58, determine...Ch. 5.1 - Does It Make Sense? For Exercises 58, determine...Ch. 5.1 - Does It Make Sense? For Exercises 58, determine...Ch. 5.1 - Does It Make Sense? For Exercises 58, determine...Ch. 5.1 - What Is Normal? Identify the distribution in...Ch. 5.1 - What Is Normal? Identify the distribution in...
Ch. 5.1 - Normal Distributions. For each of the data sets in...Ch. 5.1 - Normal Distributions. For each of the data sets in...Ch. 5.1 - Normal Distributions. For each of the data sets in...Ch. 5.1 - Normal Distributions. For each of the data sets in...Ch. 5.1 - Normal Distributions. For each of the data sets in...Ch. 5.1 - Normal Distributions. For each of the data sets in...Ch. 5.1 - Normal Distributions. For each of the data sets in...Ch. 5.1 - Normal Distributions. For each of the data sets in...Ch. 5.1 - Body Temperature. Figure 5.8 shows a histogram for...Ch. 5.1 - Cotinine. The amount of nicotine absorbed by the...Ch. 5.1 - Departure Delay Times. Figure 5.10 on the next...Ch. 5.1 - MM Weights. Figure 5.11 shows a histogram for the...Ch. 5.1 - Areas and Relative Frequencies. Consider the graph...Ch. 5.1 - Areas and Relative Frequencies. Consider the graph...Ch. 5.1 - Estimating Areas. Consider the graph of the normal...Ch. 5.1 - Prob. 26ECh. 5.2 - The 68-95-99.7 Rule. What is the 68-95-99.7 rule...Ch. 5.2 - Applying the 68-95-99.7 Rule. For a normal...Ch. 5.2 - Standard Score. What is a standard score? How do...Ch. 5.2 - Percentiles. What is a percentile? Describe how...Ch. 5.2 - Does It Make Sense? For Exercises 58, determine...Ch. 5.2 - Does It Make Sense? For Exercises 58, determine...Ch. 5.2 - Does It Make Sense? For Exercises 58, determine...Ch. 5.2 - Does It Make Sense? For Exercises 58, determine...Ch. 5.2 - Using the 68-95-99.7 Rule. A test of depth...Ch. 5.2 - Using the 68-95-99.7 Rule. Pulse rates for adult...Ch. 5.2 - Applying the 68-95-99.7 Rule. In a study of facial...Ch. 5.2 - Applying the 68-95-99.7 Rule. Adult males have...Ch. 5.2 - IQ Scores. For Exercises 1324, sketch the normal...Ch. 5.2 - IQ Scores. For Exercises 1324, sketch the normal...Ch. 5.2 - IQ Scores. For Exercises 1324, sketch the normal...Ch. 5.2 - IQ Scores. For Exercises 1324, sketch the normal...Ch. 5.2 - IQ Scores. For Exercises 1324, sketch the normal...Ch. 5.2 - IQ Scores. For Exercises 1324, sketch the normal...Ch. 5.2 - IQ Scores. For Exercises 1324, sketch the normal...Ch. 5.2 - Prob. 20ECh. 5.2 - Prob. 21ECh. 5.2 - Prob. 22ECh. 5.2 - Prob. 23ECh. 5.2 - IQ Scores. For Exercises 1324, sketch the normal...Ch. 5.2 - Heights of Males. For Exercises 2536, sketch the...Ch. 5.2 - Heights of Males. For Exercises 2536, sketch the...Ch. 5.2 - Heights of Males. For Exercises 2536, sketch the...Ch. 5.2 - Heights of Males. For Exercises 2536, sketch the...Ch. 5.2 - Heights of Males. For Exercises 2536, sketch the...Ch. 5.2 - Heights of Males. For Exercises 2536, sketch the...Ch. 5.2 - Heights of Males. For Exercises 2536, sketch the...Ch. 5.2 - Heights of Males. For Exercises 2536, sketch the...Ch. 5.2 - Heights of Males. For Exercises 2536, sketch the...Ch. 5.2 - Heights of Males. For Exercises 2536, sketch the...Ch. 5.2 - Heights of Males. For Exercises 2536, sketch the...Ch. 5.2 - Heights of Males. For Exercises 2536, sketch the...Ch. 5.2 - Coin Weights. Consider the following table,...Ch. 5.2 - Pregnancy Lengths. Lengths of pregnancies are...Ch. 5.2 - SAT Scores. Based on data from the College Board,...Ch. 5.2 - GRE Scores. Assume that the scores on the Graduate...Ch. 5.2 - Body Temperatures. Assume that body temperatures...Ch. 5.2 - Spelling Bee Scores. At the district spelling bee,...Ch. 5.2 - Being a Marine. Heights of adult American males...Ch. 5.2 - Prob. 44ECh. 5.3 - Distribution of Means. What is a distribution of...Ch. 5.3 - Notation. This section includes formulas using the...Ch. 5.3 - Central Limit Theorem. What is the Central Limit...Ch. 5.3 - Central Limit Theorem. Briefly explain a major...Ch. 5.3 - Prob. 5ECh. 5.3 - Does It Make Sense? For Exercises 58, determine...Ch. 5.3 - Does It Make Sense? For Exercises 58, determine...Ch. 5.3 - Prob. 8ECh. 5.3 - Prob. 9ECh. 5.3 - Weights. Weights of adult males are normally...Ch. 5.3 - Twelve-Sided Dice and the Central Limit Theorem....Ch. 5.3 - Ten-Sided Dice and the Central Limit Theorem....Ch. 5.3 - Weights. In Exercises 1316, assume that weights of...Ch. 5.3 - Weights. In Exercises 1316, assume that weights of...Ch. 5.3 - Weights. In Exercises 1316, assume that weights of...Ch. 5.3 - Weights. In Exercises 1316, assume that weights of...Ch. 5.3 - Amounts of Cola. Assume that cans of cola are...Ch. 5.3 - Designing Strobe Lights. An aircraft strobe light...Ch. 5.3 - Designing Motorcycle Helmets. Engineers must...Ch. 5.3 - Redesign of Ejection Seats. When women first...Ch. 5.3 - Prob. 21ECh. 5.3 - Vending Machines. Currently, quarters have weights...Ch. 5.3 - Aircraft Safety Standards. Federal Aviation...Ch. 5.3 - Prob. 24ECh. 5 - For each of the following situations, state...Ch. 5 - Women have head circumferences that are normally...Ch. 5 - Assume that body temperatures of healthy adults...Ch. 5 - Which of the following statements are correct? a....Ch. 5 - Which of the following is likely to have a...Ch. 5 - Pulse Rates. In Exercises 310, assume that pulse...Ch. 5 - Pulse Rates. In Exercises 310, assume that pulse...Ch. 5 - Pulse Rates. In Exercises 310, assume that pulse...Ch. 5 - Pulse Rates. In Exercises 310, assume that pulse...Ch. 5 - Pulse Rates. In Exercises 310, assume that pulse...Ch. 5 - Pulse Rates. In Exercises 310, assume that pulse...Ch. 5 - Pulse Rates. In Exercises 310, assume that pulse...Ch. 5 - Pulse Rates. In Exercises 310, assume that pulse...
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