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 6.4, Problem 9E
To determine
Calculate the fatality rates in deaths per 1,000 departures for the three years.
Identify the safest year, based on the rates and explain.
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2.62 For the period 2001–2008, the Bristol-Myers Squibb Company, Inc. reported the following amounts (in billions of dollars) for (1) net sales and (2) advertising and product promotion. The data are also in the file XR02062.
Source: Bristol-Myers Squibb Company, Annual Reports, 2005, 2008.
Year Net Sales Advertising/Promotion
2001 $16.612 $1.201
2002 16.208 1.143
2003 18.653 1.416
2004 19.380 1.411
2005 19.207 1.476
2006 16.208 1.304
2007 18.193 1.415
2008 20.597 1.550
For these data, construct a line graph that shows both net sales and expenditures for advertising/product promotion over time. Some would suggest that increases in advertising should be accompanied by increases in sales. Does your line graph support this?
Table 3.5 provides the number of deaths from all causes and from accidents (unintentional injuries) by age group in the United States in 2002. Review the following rates. Determine what to call each one, then calculate it using the data provided in Table.
1. Unintentional-injury-specific mortality rate for the entire population. Calculate cause-specific mortality rate.
2. All-cause mortality rate for 25–34 years old. Calculate the age-specific mortality rate.
3. All-cause mortality among males. Calculate the sex-specific mortality rate.
4.Unintentional-injury specific mortality among 25 to 34 years old males. Calculate the is a cause-specific, age-specific, and sex-specific mortality rate
Q1. The table provided gives data on indexes of output per hour (X) and real compensation per hour (Y) for the business and nonfarm business sectors of the U.S. economy for 1960–2005. The base year of the indexes is 1992 = 100 and the indexes are seasonally adjusted.
a. Plot Y against X for the two sectors separately.
b. What is the economic theory behind the relationship between the two variables? Does the scattergram support the theory?
c. Estimate the OLS regression of Y on X.
Note: on the table ( 1. Output refers to real gross domestic product in the sector. 2. Wages and salaries of employees plus employers’ contributions for social insurance and private benefit plans. 3. Hourly compensation divided by the consumer price index for all urban consumers for recent quarters.)
Thank you!
Chapter 6 Solutions
Statistical Reasoning for Everyday Life (5th Edition)
Ch. 6.1 - Coin Tossing. Suppose you toss a coin 100 times....Ch. 6.1 - Statistical Significance. What do we mean when we...Ch. 6.1 - Prob. 3ECh. 6.1 - Quantifying Significance. What does it mean to say...Ch. 6.1 - Does It Make Sense? For Exercises 58, determine...Ch. 6.1 - Does It Make Sense? For Exercises 58, determine...Ch. 6.1 - Does It Make Sense? For Exercises 58, determine...Ch. 6.1 - Does It Make Sense? For Exercises 58, determine...Ch. 6.1 - Subjective Significance. For each event in...Ch. 6.1 - Subjective Significance. For each event in...
Ch. 6.1 - Subjective Significance. For each event in...Ch. 6.1 - Subjective Significance. For each event in...Ch. 6.1 - Subjective Significance. For each event in...Ch. 6.1 - Subjective Significance. For each event in...Ch. 6.1 - Subjective Significance. For each event in...Ch. 6.1 - Subjective Significance. For each event in...Ch. 6.1 - Prob. 17ECh. 6.1 - Carpal Tunnel Syndrome Treatments. An experiment...Ch. 6.1 - Prob. 19ECh. 6.1 - Prob. 20ECh. 6.1 - Human Body Temperature. In a study by researchers...Ch. 6.1 - Seat Belts and Children. In a study of children...Ch. 6.1 - Prob. 23ECh. 6.1 - Subjective Significance. For each event in...Ch. 6.2 - Outcomes and Events. Distinguish between an...Ch. 6.2 - Notation. What does it mean when we write P(A)?...Ch. 6.2 - Probability Types. Briefly describe the...Ch. 6.2 - Prob. 4ECh. 6.2 - Prob. 5ECh. 6.2 - Does It Make Sense? For Exercises 58, determine...Ch. 6.2 - Prob. 7ECh. 6.2 - Does It Make Sense? For Exercises 58, determine...Ch. 6.2 - Counting Outcomes. How many different three-child...Ch. 6.2 - Prob. 10ECh. 6.2 - Theoretical Probabilities. For Exercises 1120, use...Ch. 6.2 - Theoretical Probabilities. For Exercises 1120, use...Ch. 6.2 - Theoretical Probabilities. For Exercises 1120, use...Ch. 6.2 - Theoretical Probabilities. For Exercises 1120, use...Ch. 6.2 - Theoretical Probabilities. For Exercises 1120, use...Ch. 6.2 - Theoretical Probabilities. For Exercises 1120, use...Ch. 6.2 - Theoretical Probabilities. For Exercises 1120, use...Ch. 6.2 - Theoretical Probabilities. For Exercises 1120, use...Ch. 6.2 - Theoretical Probabilities. For Exercises 1120, use...Ch. 6.2 - Theoretical Probabilities. For Exercises 1120, use...Ch. 6.2 - Days of the Week. What is the probability of...Ch. 6.2 - Days of the Week. What is the probability of...Ch. 6.2 - Complementary Events. Exercises 2330 involve...Ch. 6.2 - Complementary Events. Exercises 2330 involve...Ch. 6.2 - Complementary Events. Exercises 2330 involve...Ch. 6.2 - Complementary Events. Exercises 2330 involve...Ch. 6.2 - Complementary Events. Exercises 2330 involve...Ch. 6.2 - Complementary Events. Exercises 2330 involve...Ch. 6.2 - Prob. 29ECh. 6.2 - Prob. 30ECh. 6.2 - Theoretical Probabilities. For Exercises 3134, use...Ch. 6.2 - Theoretical Probabilities. For Exercises 3134, use...Ch. 6.2 - Theoretical Probabilities. For Exercises 3134, use...Ch. 6.2 - Theoretical Probabilities. For Exercises 3134, use...Ch. 6.2 - Relative Frequency Probabilities. Use the relative...Ch. 6.2 - Relative Frequency Probabilities. Use the relative...Ch. 6.2 - Relative Frequency Probabilities. Use the relative...Ch. 6.2 - Prob. 38ECh. 6.2 - Probability Distributions. In Exercises 39 and 40,...Ch. 6.2 - Probability Distributions. In Exercises 39 and 40,...Ch. 6.3 - Law of Large Numbers. What is the law of large...Ch. 6.3 - Understanding the Law of Large Numbers. In terms...Ch. 6.3 - Expected Value. What is an expected value, and how...Ch. 6.3 - Gamblers Fallacy. What is the gamblers fallacy?...Ch. 6.3 - Prob. 5ECh. 6.3 - Does It Make Sense? For Exercises 58, determine...Ch. 6.3 - Prob. 7ECh. 6.3 - Does It Make Sense? For Exercises 58, determine...Ch. 6.3 - Gender Selection. In analyzing genders of...Ch. 6.3 - Speedy Driver. A person who has a habit of driving...Ch. 6.3 - Should You Play? Suppose you are offered this...Ch. 6.3 - Kentuckys Pick 4 Lottery. If you bet 1 in...Ch. 6.3 - Expected Value for Life Insurance. There is a...Ch. 6.3 - Expected Value for Life Insurance There is a...Ch. 6.3 - Expected Waiting Time. You arrive at a bus stop...Ch. 6.3 - Expected Value in Roulette. As shown in Figure...Ch. 6.3 - Expected Value in Casino Dice. When you give a...Ch. 6.3 - New Jersey Pick 4. In New Jerseys Pick 4 lottery,...Ch. 6.3 - Extra Points in Football. Football teams have the...Ch. 6.3 - Prob. 20ECh. 6.3 - Psychology of Expected Values. In 1953, a French...Ch. 6.3 - Behind in Coin Tossing: Can You Catch Up? Suppose...Ch. 6.4 - Risk and Travel. What is travel risk? Give an...Ch. 6.4 - Prob. 2ECh. 6.4 - Prob. 3ECh. 6.4 - Prob. 4ECh. 6.4 - Prob. 5ECh. 6.4 - Does It Make Sense? For Exercises 58, determine...Ch. 6.4 - Prob. 7ECh. 6.4 - Prob. 8ECh. 6.4 - Prob. 9ECh. 6.4 - Commercial Aviation. For Exercises 912, use the...Ch. 6.4 - Commercial Aviation. For Exercises 912, use the...Ch. 6.4 - Prob. 12ECh. 6.4 - Births/Deaths. For Exercises 1316, use the data in...Ch. 6.4 - Births/Deaths. For Exercises 1316, use the data in...Ch. 6.4 - Births/Deaths. For Exercises 1316, use the data in...Ch. 6.4 - Births/Deaths. For Exercises 1316, use the data in...Ch. 6.4 - Vital Statistics. For Exercises 1720, use the data...Ch. 6.4 - Vital Statistics. For Exercises 1720, use the data...Ch. 6.4 - Prob. 19ECh. 6.4 - Prob. 20ECh. 6.4 - Prob. 21ECh. 6.4 - Prob. 22ECh. 6.4 - Prob. 23ECh. 6.4 - Prob. 24ECh. 6.4 - Prob. 25ECh. 6.4 - Prob. 26ECh. 6.4 - Prob. 27ECh. 6.4 - Prob. 28ECh. 6.4 - Life in This Century. Example 5 assumed that the...Ch. 6.4 - Prob. 30ECh. 6.5 - Independence. Let A denote the event of getting a...Ch. 6.5 - Independence. A geneticist is working with 3 green...Ch. 6.5 - Prob. 3ECh. 6.5 - Complementary Events. Let A be the event of...Ch. 6.5 - Prob. 5ECh. 6.5 - Does It Make Sense? For Exercises 58, determine...Ch. 6.5 - Does It Make Sense? For Exercises 58, determine...Ch. 6.5 - Does It Make Sense? For Exercises 58, determine...Ch. 6.5 - Births. Assume that boys and girls are equally...Ch. 6.5 - Births. A couple plans to have four children. Find...Ch. 6.5 - Password. A programmer is instructed to create a...Ch. 6.5 - Wearing Hunter Orange. A study of hunting injuries...Ch. 6.5 - Songs. The 50 songs on a smartphone consist of 15...Ch. 6.5 - Polls. A pollster plans to call adults. She has a...Ch. 6.5 - Probability and Court Decisions. In Exercises...Ch. 6.5 - Probability and Court Decisions. In Exercises...Ch. 6.5 - Probability and Court Decisions. In Exercises...Ch. 6.5 - Probability and Court Decisions. In Exercises...Ch. 6.5 - Probability and Court Decisions. In Exercises...Ch. 6.5 - Probability and Court Decisions. In Exercises...Ch. 6.5 - Prob. 21ECh. 6.5 - Pedestrian Deaths. For Exercises 2126, use the...Ch. 6.5 - Prob. 23ECh. 6.5 - Pedestrian Deaths. For Exercises 2126, use the...Ch. 6.5 - Prob. 25ECh. 6.5 - Pedestrian Deaths. For Exercises 2126, use the...Ch. 6.5 - Clinical Trial. In a clinical trial of an allergy...Ch. 6.5 - Prob. 28ECh. 6.5 - Prob. 29ECh. 6.5 - Survey Refusals. Refer to the data in Exercise 29....Ch. 6.5 - Drug Testing. A 1-Panel-THC test for marijuana use...Ch. 6.5 - BINGO. The game of BINGO involves drawing numbered...Ch. 6 - For Exercises 17, use the data in the following...Ch. 6 - For Exercises 17, use the data in the following...Ch. 6 - For Exercises 17, use the data in the following...Ch. 6 - For Exercises 17, use the data in the following...Ch. 6 - For Exercises 17, use the data in the following...Ch. 6 - For Exercises 17, use the data in the following...Ch. 6 - For Exercises 17, use the data in the following...Ch. 6 - The Binary Computer Company manufactures computer...Ch. 6 - For a recent year, the fatality rate from motor...Ch. 6 - A Las Vegas handicapper can correctly predict the...Ch. 6 - For the handicapper in Exercise 1, find the...Ch. 6 - In a clinical trial of the effectiveness of a...Ch. 6 - If P(A) = 0.65, what is the value of P(not A)?Ch. 6 - In Exercises 610, use the following results. The...Ch. 6 - In Exercises 610, use the following results. The...Ch. 6 - Prob. 8CQCh. 6 - In Exercises 610, use the following results. The...Ch. 6 - In Exercises 610, use the following results. The...
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