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Question: An economist wanted to learn more about


An economist wanted to learn more about total compensation packages. She conducted a survey of 858 workers and asked all to report their hourly wages or salaries, their total benefits, and whether the companies they worked for produced goods or services. Determine whether differences exist between goods-producing and services-producing firms in terms of hourly wages and total benefits.


> Is the amount spent of food away from home (FOODAWAY) related to how well educated the head of the household is (EDCL 1 = No high school diploma, 2 = High school diploma, 3 = Some college, 4 = College degree)? Conduct a test to answer the question.

> In 2010, banks were still in trouble because of the housing meltdown. As a result, they were increasing their standards for credit cards and loans. Estimate the proportion of people who were turned down for credit in the previous 5 years (TURNDOWN: 1).

> The survey asked whether the household had declared bankruptcy in the previous 5 years (BNKRUPLAST5: 1 = Yes). Is there enough evidence to conclude that male and female (HHSEX: 1 = Male, 2 = Female) heads of households differ?

> According to the U.S. Census, the average family spent $3921 on food eaten at home (FOODHOME). Is there enough evidence to infer that the average upper-class household spent more than the average family?

> The upper class in the 2010 survey had household net worth between $1,345,975 and $7,402,095. Households in this net worth category have large amounts to invest in the stock market. Estimate the mean investment in the stock market by upper class househol

> In 2007–2009, the United States was hit with a financial crisis brought on by a crash in the housing market. How has this impacted the proportion of families who own their home in 2010? Estimate the proportion of home ownership (HOUSECL: 1 = own).

> Billions of dollars are spent annually by Americans for the care and feeding of pets. A survey conducted by the American Veterinary Medical Association drew a random sample of 1,328 American households and asked whether they owned a pet and, if so, the t

> Do middle-class households headed by men (HHSEX: 1 = male, 2 = female) spend more money on food away from home than their female counterparts (FOODAWAY)? Conduct a test to answer the question.

> Do middle-class heads of households who have a high school diploma only have more assets (ASSET) than those who did not finish high school (EDCL: 1 = No high school diploma, 2 = High school diploma)? Use an appropriate statistical technique to answer the

> One way to examine the issue of family structure is to determine the number of households with no spouse or partner. Estimate the proportion of households whose head is neither married nor living with partner (MARRIED: 2).

> Do upper-class households get a great deal of the income from interest and dividends? To answer the question, estimate the mean interest and dividend income for upper-class households (INTDIVINC).

> The upper class in the 2010 survey had household net worth between $1,345,975 and $7,402,095. Money kept in checking accounts earns no interest but are kept to pay bills. Estimate the mean amount held in checking accounts by households in the upper class

> Is there sufficient evidence to conclude that there are differences in income (INCOME) between the four categories of educational attainment (EDCL: 1 = No high school diploma, 2 = High school diploma, 3 = Some college, 4 = College degree)?

> In 2010, the American economy was still faltering because of the housing meltdown during 2007–2009. One sign of the difficulty is people struggling to pay their living expenses. Estimate the number of people who said that their overall household expenses

> Females are now attending colleges and universities in greater numbers than men. In the past men were more likely than women to have graduate degrees. Conduct a test to determine whether there is enough evidence to infer that males (HHSEX: 1 = Male, 2 =

> Are female and male heads of households equally likely to carry a balance on their credit cards? Conduct a test to determine whether there is a difference between the sexes (HHSEX: 1 = Male, 2 = Female) with respect to carrying a balance on credit cards

> Do middle-class households headed by women (HHSEX: 1 = Male, 2 = Female) spend more money on food at home than their male counterparts (FOODHOME)? Conduct a test to answer the question.

> A popularly held belief about university professors is that they don’t work very hard and that the higher their rank, the less work they do. A statistics student decided to determine whether the belief is true. She took a random sample of 20 university i

> Is there enough evidence to conclude that there are differences between the three working categories (OCCAT2: 1 = Managerial/professional, 2= Technical/sales/services, 3 = Other) in terms of whether the household declared bankruptcy in the previous 5 yea

> Are male heads of households more likely than female heads (HHSEX: 1 = Male, 2 = Female) of households to be self-employed (OCCAT1: 2 = Self-employed)? Conduct a statistical test to answer the question.

> Is there enough statistical evidence to infer that female heads of households (HHSEX: 1 = Male, 2 = Female) are less likely to have completed a college degree than their male counterparts (EDCL: 4 = College degree)?

> Estimate the number of household heads who declared bankruptcy in the previous 5 years (BNKRUPLAST5: 1).

> Do middle-class household heads with college degrees get more heavily into debt (DEBT) than those without college degrees (EDCL: 1 = No high school diploma, 2 = High school diploma, 3 = Some college, 4 = College degree)? Conduct a test to answer the ques

> Because of immigration and birth rates there is a growing number of Hispanics in the United States. Estimate the number of Hispanic adults (21 and over) in the United States (RACE: 3 = Hispanic).

> The middle class in the 2010 Survey of Consumer Finances had a net worth of between $61,215 and $270,603. In 2010, the average amount spent on food at home was $3624 (Source: Bureau of Labor Statistics). Is there enough evidence to infer that the average

> High net worth households often have high expenses and large regular payments. Estimate the total value of monthly debt payments made by upper class households (TPAY).

> The survey asked respondents to classify their occupation. Can we infer that male heads (HHSEX: 1 = Male, 2 = Female) of households are more likely than their female counterparts to work as a manager or professional (OCCAT2: 1 = Managerial/professional)?

> Are male heads (HHSEX: 1 = Male, 2 = Female) of households more likely to own his home than female heads of households (HOUSECL: 1 = Own)? Conduct a test to answer the question.

> How well do airlines keep to their schedules? To help answer this question, an economist conducted a survey of 780 takeoffs in the United States and determined that 77.4% of them departed on time (defined as a departure that is within 15 minutes of its s

> Because of different incomes there may be substantial differences in net worth (NETWORTH) between male and female (HHSEX: 1 = male, 2 = female) heads of middleclass households. Conduct a test to determine whether male heads of middle-class households hav

> Because credit card companies charge very high interest for carrying debts most households attempt to pay off their credit card balances quickly. Estimate the number of people who carry a balance on credit cards (NOCCBAL: 1).

> The upper class in the 2010 survey had a household net worth between $1,345,975 and $7,402,095. Where do members of the upper class invest their money? Estimate the mean value of financial assets held by the household (FIN).

> The labor force participation rate is a better indicator of the economy than the unemployment rate. The latter excludes people who may want a job but have been discouraged by their lack of success and stopped looking for work. Estimate the number of Amer

> Are Americans becoming more educated? One way to measure is to count the number of household heads who have college degrees. Estimate the number of people who have a college degree (EDCL: 4 = college degree).

> If a household has been turned down for credit in the past 5 years it is because their debts were too high and/or their income too low. Estimate the difference in incomes (INCOME) between those who have been turned down for credit and those who have not

> The middle class in the 2010 Survey of Consumer Finances had a net worth of between $61,215 and $270,603. In 2010, the average amount spent on food away from home was $2505 (Source: Bureau of Labor Statistics). Is there enough evidence to infer that the

> It is possible to have a high net worth of more than $1,345,975 without earning a high income. However, we would expect upper class households to earn high income in a variety of ways. Estimate the mean income of upper class households (INCOME).

> One measure of financial success is net worth (NETWORTH), which is the difference between assets and liabilities. If net worth is affected by education then there should be statistical evidence to infer that net worth differs between households whose hea

> In the United States, one of the most popular university programs is business administration. The result will be an increase in the number of people working as managers or professionals. Estimate the number of people working as managers or professional (

> Clinical depression is a serious and sometimes debilitating disease. It is often treated by antidepressants such as Prozac and Zoloft. Recent studies may indicate another possible remedy. Researchers took a random sample of people who are clinically depr

> The upper class in the 2010 survey had a household net worth between $1,345,975 and $7,402,095. We would expect people in the upper class to have achieved this level of financial success to be somewhat older. Estimate the mean age of members of the upper

> Numerous studies have shown that men make higher income (INCOME) than women (HHSEX: 1 = male, 2 = female). However, does this apply to male and female middle-class heads of households? Test to determine whether there is enough evidence to conclude that m

> Setting premiums for insurance is a complex task. If the premium is too high, the insurance company will lose customers; if it is too low, the company will lose money. Statistics plays a critical role in almost all aspects of the insurance business. As p

> Astent is a metal mesh cylinder that holds a coronary artery open after a blockage has been removed. However, in many patients the stents, which are made from bare metal, become blocked as well. One cause of the reoccurrence of blockages is the body’s re

> Nutrition education programs, which teach clients how to lose weight or reduce cholesterol levels through better eating patterns, have been growing in popularity. The nurse in charge of one such program at a local hospital wanted to know whether the prog

> E CA15-01 very year, millions of people start new diets. There is a bewildering array of diets to choose from. The question for many people is, Which ones work? Researchers at Tufts University in Boston made an attempt to point dieters in the right direc

> A survey was conducted among Canadian farmers, who were each asked to report the number of acres in his or her farm. There were a total of 229, 373 farms in Canada in 2006. Estimate with 95% confidence the total amount of area (in acres) that was farmed

> The risks associated with smoking are well known. Virtually all physicians recommend that their patients quit. This raises the question, what are the risks for people who quit smoking compared to continuing smokers and those who have never smoked? In a s

> Professional athletes in North America are paid very well for their ability to play games that amateurs play for fun. To determine the factors that influence a team to pay a hockey player’s salary, an MBA student randomly selected 50 hockey players who p

> Low back pain is a common medical problem that sometimes results in disability and absence from work. Any method of treatment that decreases absence would be welcome by individuals and insurance companies. A randomized control study (published in Annals

> An apple juice manufacturer has developed a new product—a liquid concentrate that produces 1 liter of apple juice when mixed with water. The product has several attractive features. First, it is more convenient than bottled apple juice, which is the way

> If t (x, y) = x2 + y2 - 4x, find the gradient vector Vg = t (1, 2) and use it to find the tangent line to the level curve t (x, y) = 1 at the point (1, 2). Sketch the level curve, the tangent line, and the gradient vector.

> If f (x, y) = xy, find the gradient vector =f (3, 2) and use it to find the tangent line to the level curve f (x, y) = 6 at the point (3, 2). Sketch the level curve, the tangent line, and the gradient vector.

> Use the Chain Rule to find dz/dt or dw/dt. х — у x + 2y' x = e"", y = e-

> Use a tree diagram to write out the Chain Rule for the given case. Assume all functions are differentiable. w = f (x, y, z), where x = x (u, v), y = y (u, v), z = z (u, v)

> Find the directional derivative of the function at the given point in the direction of the vector v. f (x, y, z) = xy2 tan-1z, (2, 1, 1), v = 1, 1, 1

> Find the directional derivative of the function at the given point in the direction of the vector v. f(x, y, 2) — х'у + у?г, (1,2, 3), v%3D(2, —1, 2)

> Find the local maximum and minimum values and saddle point(s) of the function. If you have three-dimensional graphing software, graph the function with a domain and viewpoint that reveal all the important aspects of the function. f(x, y) = x² + y* +

> Suppose that the equation F (x, y, z) = 0 implicitly defines each of the three variables x, y, and z as functions of the other two: z = f (x, y), y = t (x, z), x = h (y, z). If F is differentiable and Fx, Fy, and Fz are all nonzero, show that дх дх

> The speed of sound traveling through ocean water with salinity 35 parts per thousand has been modeled by the equation C = 1449.2 + 4.6T - 0.055T2 + 0.00029T3 + 0.016D where C is the speed of sound (in meters per second), T is the temperature (in degree

> At what points does the normal line through the point (1, 2, 1) on the ellipsoid 4x2 + y2 + 4z2 = 12 intersect the sphere x2 + y2 + z2 = 102?

> Show that every plane that is tangent to the cone x2 + y2 = z2 passes through the origin.

> Show that the ellipsoid 3x2 + 2y2 + z2 = 9 and the sphere x2 + y2 + z2 - 8x - 6y - 8z + 24 = 0 are tangent to each other at the point (1, 1, 2). (This means that they have a common tangent plane at the point.)

> Are there any points on the hyperboloid x2 - y2 - z2 = 1 where the tangent plane is parallel to the plane z = x + y?

> At what point on the ellipsoid x2 + y2 + 2z2 = 1 is the tangent plane parallel to the plane x + 2y + z = 1?

> Use a computer to graph the surface, the tangent plane, and the normal line on the same screen. Choose the domain carefully so that you avoid extraneous vertical planes. Choose the viewpoint so that you get a good view of all three objects. xyz = 6, (1,

> Use a computer to graph the surface, the tangent plane, and the normal line on the same screen. Choose the domain carefully so that you avoid extraneous vertical planes. Choose the viewpoint so that you get a good view of all three objects. xy + yz + zx

> Find equations of (a) the tangent plane and (b) the normal line to the given surface at the specified point. x4 + y4 + z4 = 3x2y2z2, (1, 1, 1)

> Find the local maximum and minimum values and saddle point(s) of the function. If you have three-dimensional graphing software, graph the function with a domain and viewpoint that reveal all the important aspects of the function. f(x, y) = y(e* – 1)

> Find equations of (a) the tangent plane and (b) the normal line to the given surface at the specified point. x + y + z = exyz, (0, 0, 1)

> Find equations of (a) the tangent plane and (b) the normal line to the given surface at the specified point. xy + yz + zx = 5, (1, 2, 1)

> Find equations of (a) the tangent plane and (b) the normal line to the given surface at the specified point. xy2z3 = 8, (2, 2, 1)

> Find equations of (a) the tangent plane and (b) the normal line to the given surface at the specified point. x = y2 + z2 + 1, (3, 1, -1)

> Find equations of (a) the tangent plane and (b) the normal line to the given surface at the specified point. 2 (x – 2)2 + (y – 1)2 + (z – 3)2 = 10, (3, 3, 5)

> Sketch the gradient vector ∆ f (4, 6) for the function f whose level curves are shown. Explain how you chose the direction and length of this vector. yA -5 6- -3 (4, 6) 4- 5 2+ 2 4 6. 3-

> Shown is a topographic map of Blue River Pine Provincial Park in British Columbia. Draw curves of steepest descent from point A (descending to Mud Lake) and from point B. Blue River o Blue River Mud Ca Blue River Pine Provincial Park Mud Creek Snfok

> Suppose you are climbing a hill whose shape is given by the equation z = 1000 - 0.005x2 - 0.01y2, where x, y, and z are measured in meters, and you are standing at a point with coordinates (60, 40, 966). The positive x-axis points east and the positive y

> Equation 6 is a formula for the derivative dy/dx of a function defined implicitly by an equation F (x, y) = 0, provided that F is differentiable and Fy ± 0. Prove that if F has continuous second derivatives, then a formula for the second de

> If f is homogeneous of degree n, show that fx (tx, ty) = tn-1 f (x, y)

> Find the local maximum and minimum values and saddle point(s) of the function. If you have three-dimensional graphing software, graph the function with a domain and viewpoint that reveal all the important aspects of the function. f(x, y) = (x – y)(1

> Suppose that the directional derivatives of f (x, y) are known at a given point in two nonparallel directions given by unit vectors u and v. Is it possible to find ∆f at this point? If so, how would you do it?

> (a). Two surfaces are called orthogonal at a point of intersection if their normal lines are perpendicular at that point. Show that surfaces with equations F (x, y, z) = 0 and G (x, y, z) = 0 are orthogonal at a point P where ∆F ≠ 0 and ∆G ≠ 0 if and onl

> (a). The plane y + z = 3 intersects the cylinder x2 + y2 = 5 in an ellipse. Find parametric equations for the tangent line to this ellipse at the point (1, 2, 1). (b). Graph the cylinder, the plane, and the tangent line on the same screen.

> Find parametric equations for the tangent line to the curve of intersection of the paraboloid z = x2 + y2 and the ellipsoid 4x2 + y2 + z2 = 9 at the point (-1, 1, 2).

> Show that the pyramids cut off from the first octant by any tangent planes to the surface xyz − 1 at points in the first octant must all have the same volume.

> Find an equation of the plane that passes through the point (1, 2, 3) and cuts off the smallest volume in the first octant.

> Find the local maximum and minimum values and saddle point(s) of the function. If you have three-dimensional graphing software, graph the function with a domain and viewpoint that reveal all the important aspects of the function. f (x, y) — ху — 2х

> Where does the normal line to the paraboloid z = x2 + y2 at the point (1, 1, 2) intersect the paraboloid a second time?

> Three alleles (alternative versions of a gene) A, B, and O determine the four blood types A (AA or AO), B (BB or BO), O (OO), and AB. The Hardy-Weinberg Law states that the proportion of individuals in a population who carry two different alleles is P =

> The Shannon index (sometimes called the Shannon-Wiener index or Shannon-Weaver index) is a measure of diversity in an ecosystem. For the case of three species, it is defined as H = -p1 ln p1 - p2 ln p2 - p3 ln p3 where pi is the proportion of species i

> A model for the yield Y of an agricultural crop as a function of the nitrogen level N and phosphorus level P in the soil (measured in appropriate units) is Y (N, P) = kNPe-N-P where k is a positive constant. What levels of nitrogen and phosphorus resul

> If the length of the diagonal of a rectangular box must be L, what is the largest possible volume?

> A rectangular building is being designed to minimize heat loss. The east and west walls lose heat at a rate of 10 units/m2 per day, the north and south walls at a rate of 8 units/m2 per day, the floor at a rate of 1 unit/m2 per day, and the roof at a rat

> A cardboard box without a lid is to have a volume of 32,000 cm3. Find the dimensions that minimize the amount of cardboard used.

> Near a buoy, the depth of a lake at the point with coordinates (x, y) is z = 200 + 0.02x2 - 0.001y3, where x, y, and z are measured in meters. A fisherman in a small boat starts at the point s80, 60d and moves toward the buoy, which is located at (0, 0).

> Find all points at which the direction of fastest change of the function f (x, y) = x2 + y2 - 2x - 4y is i + j.

> (a). Show that a differentiable function f decreases most rapidly at x in the direction opposite to the gradient vector, that is, in the direction of 2=f (x). (b). Use the result of part (a) to find the direction in which the function f (x, y) = x4y - x2

> Level curves for barometric pressure (in millibars) are shown for 6:00 am on a day in November. A deep low with pressure 972 mb is moving over northeast Iowa. The distance along the red line from K (Kearney, Nebraska) to S (Sioux City, Iowa) is 300 km. E

> One side of a triangle is increasing at a rate of 3 cm/s and a second side is decreasing at a rate of 2 cm/s. If the area of the triangle remains constant, at what rate does the angle between the sides change when the first side is 20 cm long, the second

> Find the dimensions of the box with volume 1000 cm3 that has minimal surface area.

2.99

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