Determine type of relationship and correlation coefficient

Assignment Help Applied Statistics
Reference no: EM13909361

Chapter Seven

Show all your work

Problem 1) Look at the scatter plot below.  Does it demonstrate a positive or negative correlation? Why? 

Are there any outliers?  What are they?

Problem 2) Look at the scatter plot below.  Does it demonstrate a positive or negative correlation? Why? 

Are there any outliers?  What are they? 

Problem 3) The following data come from your book, problem 26 on page 247.  Here is the data:

                        Mean daily calories                                    Infant Mortality Rate (per 1,000 births)

                        1523                                                            154           

                        3495                                                            6

                        1941                                                            114

                        2678                                                            24

                        1610                                                            107

                        3443                                                            6

                        1640                                                            153

                        3362                                                            7

                        3429                                                            44

                        2671                                                                              7

a)For the above data construct a scatter plot using SPSS or Excel (Follow instructions on page 244 of your textbook).  What does the scatter plot show? Can you determine a type of relationship?  Are there any outliers that you can see?

b)  Using the same data conduct a correlation analysis using SPSS or Excel.  What is the correlation coefficient?  Is it a strong, moderate or weak correlation?  Is the correlation significant or not?  If it is what does that mean?   

Problem 4) Bill is doing a project for you in the marketing department.  In conducting his analysis regarding consumer behavior and a new product that has come out, he tells you the correlation between these two variables is 1.09.  What is your response to this analysis?

Problem 5) Judy has conducted an analysis for her supervisor.  The results she obtained was a correlation coefficient that was negative 0.86.  Judy is confused by this number and feels that because it is negative and not positive, is means that it is bad.  You are here supervisor.  How would you clarify this result for Judy regarding the meaning of the correlation?

Problem 6) Explain the statement, "correlation does not imply causality."

Problem 7) Using the best-fit line below for prediction, answer the following questions:

a)What would you predict the price of Product X in volume of 150 to be (approximately)?

b)What would you predict the price of Product X in volume of 100 to be (approximately)?   

Problem 8) You are interested in finding out if a student's ACT score is a good predictor of their final college grade point average (GPA).  You have obtained the following data and are going to conduct a regression analysis.  Follow instructions on page 244 of your textbook under line of best fit to conduct this analysis?

            ACT            GPA

            22.0            3.0

            32.0            3.78

            33.0            3.68

            21.0            2.94

            27.0            3.38

            25.0            3.21

            30.0            3.65

 

a)What is the R?  What type of relationship does it indicate (strong/weak; positive/negative)?

b) Go to the coefficients read out.  The constant is the intercept.  Under that is the ACT and that is the slope.  Using the straight line formula of Y = mx + b, which you will find on page 262, you will now predict some future GPA scores:  In the formula (m) is the slope; (x) is the variable that you are looking to use as a predictor; and (b) is the intercept.  Predict GPA from the following ACT scores using the regression equation/straight line formula (show all your work):

1)    20

2)    25

3)    34                                  

Chapter Eight

Show all your work

Problem 1) A sample of nine students is selected from among the students taking a  particular exam.  The nine students were asked how much time they had spent studying for the exam and the responses (in hours) were as

follows:18, 7, 10, 13 12, 16, 5, 20, 21

Estimate the mean study time of all students taking the exam. Round your answer to the nearest tenth of an hour, if necessary.

Problem 2) Scores on a particular test have a mean of 64.6.  The distribution of sample means for samples of size 100 is normal with a mean of 64.6 and a standard deviation of 1.9.  Suppose you take a sample of size 100 of test scores and find that the mean is 63.  What is the z-score corresponding to this sample mean?

Problem 3) There are 349 teachers at a college.  Among a sample of 110 teachers from this college, 66 have doctorates.  Based on this sample, estimate the number of teachers at this college without doctorates.

Problem 4) Sample size = 400; sample mean = 44; sample standard deviation = 16.  What is the margin of error? 

Problem 5) A sample of 64 statistics students at a small college had a mean mathematics ACT score of 28 with a standard deviation of 4. Estimate the mean mathematics ACT score for all statistics students at this college.  Give the 95% confidence interval. 

Problem 6) A government survey conducted to estimate the mean price of houses in a metropolitan area is designed to have a margin of error of $10,000.  Pilot studies suggest that the population standard deviation is $70,000.  Estimate the minimum sample size needed to estimate the population mean with the stated accuracy. 

Problem 7) A researcher wishes to estimate the proportion of college students who cheat on exams.  A poll of 490 college students showed that 33% of them had, or intended to, cheat on examinations.  Find the margin of error for the 95% confidence interval. 

 

 

 

Reference no: EM13909361

Questions Cloud

How do i properly capture wip on the books every month : How do I properly capture WIP on the books every month? Please provide an example step by step assuming we were awarded a $200,000 project.
Based on correlation coefficient r-is this a good model : Use the given data to find the correlation coefficient r, regression equation and scatter plot in MS Excel. .Based on the linear correlation coefficient r, is this a good model?  Explain.
Does the bios screen have any security? : Does the BIOS screen have any security?
Find the fraction of time that the server is busy : Apply Little's theorem, not to the system as a whole, but to the number of customers in the server (i.e., 0 or 1). Use this to find the fraction of time that the server is busy.
Determine type of relationship and correlation coefficient : What does the scatter plot show? Can you determine a type of relationship?  Are there any outliers that you can see? Using the same data conduct a correlation analysis using SPSS or Excel.  What is the correlation coefficient?
What must the coupon rate be on the bonds : Essary Enterprises has bonds on the market making annual payments, with eleven years to maturity, a par value of $1,000, and selling for $958. At this price, the bonds yield 6.4 percent. What must the coupon rate be on the bonds?
Is this compelling argument for low dividend-payout ratio : After completing its capital spending for the year, Carlson Manufacturing has $2,500 extra cash. Carlson’s managers must choose between investing the cash in Treasury bonds that yield 3 percent or paying out the cash to investors who would invest in ..

Reviews

Write a Review

Applied Statistics Questions & Answers

  Hypothesis testing

What assumptions about the number of pedestrians passing the location in an hour are necessary for your hypothesis test to be valid?

  Calculate the maximum reduction in the standard deviation

Calculate the maximum reduction in the standard deviation

  Calculate the expected value, variance, and standard deviati

Calculate the expected value, variance, and standard deviation of the total income

  Determine the impact of social media use on student learning

Research paper examines determine the impact of social media use on student learning.

  Unemployment survey

Find a statistics study on Unemployment and explain the five-step process of the study.

  Statistical studies

Locate the original poll, summarize the poling procedure (background on how information was gathered), the sample surveyed.

  Evaluate the expected value of the total number of sales

Evaluate the expected value of the total number of sales

  Statistic project

Identify sample, population, sampling frame (if applicable), and response rate (if applicable). Describe sampling technique (if applicable) or experimental design

  Simple data analysis and comparison

Write a report on simple data analysis and comparison.

  Analyze the processed data in statistical survey

Analyze the processed data in Statistical survey.

  What is the probability

Find the probability of given case.

  Frequency distribution

Accepting Manipulation or Manipulating

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd