Questions from Business Statistics


Q: Summarizing Phone Data. Refer to the data set in Table 1

Summarizing Phone Data. Refer to the data set in Table 1.7. a. What is the average price for the phones? b. What is the average talk time for the phones? c. What percentage of the phones have a voic...

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Q: J.D. Power and Associates surveys new automobile owners to

J.D. Power and Associates surveys new automobile owners to learn about the quality of recently purchased vehicles. The following questions were asked in a J.D. Power Initial Quality Survey. a. Did you...

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Q: Many service companies collect data via a follow- up survey of

Many service companies collect data via a follow- up survey of their customers. For example, to ascertain customer sentiment, Delta Air Lines sends an email to customers immediately following a flight...

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Q: The following crosstabulation shows the number of households (1000s) in

The following crosstabulation shows the number of households (1000s) in each of the four regions of the United States and the number of households at each income level (U.S. Census Bureau website, htt...

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Q: Colleges’ Cost and Percent Graduated. Refer to the data set in

Colleges’ Cost and Percent Graduated. Refer to the data set in Table 2.18. a. Prepare a scatter diagram to show the relationship between Tuition & Fees and % Graduate. b. Comme...

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Q: U.S. companies lose $63.2 billion per

U.S. companies lose $63.2 billion per year from workers with insomnia. Accordign to a 2013 article in the Wall Street Journal, workers lose an average of 7.8 days of productivity per year due to lack...

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Q: In 2014, the 32 teams in the National Football League (

In 2014, the 32 teams in the National Football League (NFL) were worth, on average, $1.17 billion, 5% more than in 2013. The following data show the annual revenue ($ millions) and the estimated team...

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Q: The days to maturity for a sample of five money market funds

The days to maturity for a sample of five money market funds are shown here. The dollar amounts invested in the funds are provided. Use the weighted mean to determine the mean number of days to maturi...

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Q: According to the Wall Street Journal, a startup company’s ability to

According to the Wall Street Journal, a startup company’s ability to gain funding is a key to success. The funds raised (in millions of dollars) by 50 startup companies appear below....

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Q: Colleges’ Year Founded and Cost. Refer to the data set in

Colleges’ Year Founded and Cost. Refer to the data set in Table 2.18. a. Construct a scatter diagram to show the relationship between Year Founded and Tuition & Fees. b. Commen...

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