Questions from Business Statistics


Q: Consider the four points (200,1950), (400,

Consider the four points (200,1950), (400,1650), (600,1800), and (800,1600). The least squares line is y^=1975+0.45x. Explain what least squares means, using these data as a specific example.

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Q: Exercise 41 Chapter 6 looked at a sample of 35 vehicles to

Exercise 41 Chapter 6 looked at a sample of 35 vehicles to examine the relationship between gas mileage and engine displacement. The full dataset holds data on 1211 cars. How well did our sample of 35...

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Q: The data file Receivers 2015 holds information about the 488 NFL players

The data file Receivers 2015 holds information about the 488 NFL players who caught at least one pass during the 2015 football season. A typical 53-man roster has about 13 players who would be expecte...

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Q: Is there evidence that the age at which women get married has

Is there evidence that the age at which women get married has changed over the past 100 years? The scatterplot shows the trend in age at first marriage for American women (www.census.gov). 1. Is there...

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Q: The Centers for Disease Control and Prevention tracks cigarette smoking in the

The Centers for Disease Control and Prevention tracks cigarette smoking in the United States (www.cdc.gov/nchs). How has the percentage of people who smoke changed since the danger became clear during...

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Q: The United Nations Development Programme (UNDP) uses the Human Development

The United Nations Development Programme (UNDP) uses the Human Development Index (HDI) in an attempt to summarize in one number the progress in health, education, and economics of a country (hdr.undp....

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Q: As explained in Exercise 23, the Human Development Index (HDI

As explained in Exercise 23, the Human Development Index (HDI) is a measure that attempts to summarize in one number the progress in health, education, and economics of a country. The percentage of ol...

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Q: In justifying his choice of a model, a student wrote,

In justifying his choice of a model, a student wrote, know this is the correct model because R2=99.4%. 1. Is this reasoning correct? Explain. 2. Does this model allow the student to make accurate pred...

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Q: A student who has created a linear model is disappointed to find

A student who has created a linear model is disappointed to find that her R2 value is a very low 13%. 1. Does this mean that a linear model is not appropriate? Explain. 2. Does this model allow the st...

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Q: Here a scatterplot of the production budgets (in millions of dollars

Here a scatterplot of the production budgets (in millions of dollars) vs. the running time (in minutes) for major release movies in 2005. Dramas are plotted as red x and all other genres are plotted a...

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