Develop a regression model for predict total number of wins

Assignment Help Basic Statistics
Reference no: EM131355351

1.In performing a regression analysis with two numerical variables, we are assuming :
a.The variances of x and y are equal .
b.The variation of the regression line is the same for each value of y
c.The variables x and y are independent
d.The variation of the regression line is the same for each value of x

2. The value of Pearson correlation coefficient :
a. It lies between -1 and 0
b . It is between -1 and 1
c . is abut between 0 and +1
d . It is among any real numbers

3.The degree of association of the linear relationship between two numeric variables can be measured by :
a. Dispersion diagram
b . Correlation coefficient
c . Pending
d . intercept

4.Do not add a new variable to a multiple regression model if that variable causes :
a. r2 adjusted decrease
b. r2 decrease
c.La total sum square ( SCT ) decrease

5.In a regression model and if each point of the sample is above the regression line (all errors are 0), then:
a. the correlation coefficient is 1 or -1 .
b . the correlation coefficient is -1 .
c . the correlation coefficient is 0

6.Say which one (s ) is (are) the most appropriate expression to fill the ESPACI : _______ is the variation along the regression line (SC = sum of squares )
a. SCR
b. SCT
c. SCE

7.Control charts for attributes are :
a. graphic m .
b . graphic p .
c . r graphics .
d . graphics c .

8.A company is implementing a new quality control program. Items are listed and classified as defective or not defective. The type of control chart is one that should be used .
a. control chart for variables
b . graphic r
c . chart control limits
d . control chart for attributes

9.Control limits are obtained as :
a. process average + 1 standard deviation.
b.promedio process + 3 standard deviations
c . process average + 2 standard deviations

10. To select a model to tell the future:
a. do a residual analysis
b. measure the residual error
c. utilize parsimony principle
d. all of the above

11. If the seasonal index for July is 0.7, then sales in July tend to:
a. be lower than 30% in an average month
b. be lower than 70% in an average month
c. be 30% higher than in an average month

12. In an asymmetric distribution to the right:
a. the median is equal to the average.
b. the median is less than the average
c. the median is greater than the average

13. When we study the simultaneous responses of two categorical variables we build:
a. a contingency table
b. a frequency table
c. a table of cumulative frequencies
d. a histogram

14.Which of the following readings obtained is not of central tendency?
to. Half
b. Median
c. Fashion
d. Q3

15.In a perfectly symmetrical distribution:
to. the range is equal to interquartile range.
b. the interquartile range is equal to the average
c. the median is equal to the average
d. the variance is equal to the standard deviation

16.According to the empirical rule, if the data come from a normal distribution, ______ percent of the observations are between 2 standard deviations below the mean and between 2 standard deviations above average:
to. 68.26
b. 88.89
c. 93.75
d. 95.44

17.Ticket selection of a bag is an example of:
a. sampling with replacement
b. sampling without replacement
c. subjective probability

18.The simple probability is also called:
a. marginal probability
b. joint probability
c. conditional probability
d. Bayes Theorem

19.The standard normal distribution:
a. has mean 0 and standard deviation 1
b. has mean 1 and standard deviation 0
c. It has an area equal to 0.5
d. It can not be used to approximate discrete probability distributions

20.Sampling distributions describe the distribution of:
a. parameters
b. statistical
c. of both parameters and statistical
d. nor parameters nor statistical

21. When the sample size for a proportion is given a confidence level, and a sampling error is determined as close to 0.50 the p is estimated will be required sample size _____.
a. less
b. higher
c. the sample size is not affected
d. It can not be determined

22.The "t" distribution.
a. It assumes that the population is normally distributed
b. It approximates the normal distribution when the sample size grows
c. It has more tails areas in the normal distribution
d. all are correct

23. Which of the following will be an appropriate null hypothesis?
a. the mean of a Populations equal to 55
b. the mean of a sample is equal to 55
c. the mean of a population is greater than 55
d. Only (A) and (C) are true

24. For a given level of significance if the sample size grows:
a. test power grow
b. They will have more answers to collect and calculate
c. It will be skewed to the right of the mean
d. It has no effect on the direct results

25.A tabular presentation showing the output for each alternative decision under the different natural states is called:
a. matrix payback period (payback period matrix)
b. decision tree
c. decision matrix
d. payment decision matrix (a payoff table)

26.Blossom's flowers buying roses to sell for Valentine's Day. Roses are bought at $ 10. a dozen and sell for $ 20 a dozen. Any rose that is not sold that day can be sold for $ 5 a dozen. The owner buy from one to three items of roses for Valentine's Day, 100, 200, 400 dozen roses. The matrix payment to buy 200 dozen roses and sell 100 dozen at a high rate:
a. $ 2.000
b. $ 1.000
c. $ 500
d. $ -500

27.The overall pattern of motion or persistent, long-term up or down the data in a time series of annual ________ be a component.
a. trend
b. cyclic
c. irregular
d. seasonal

28.Regular fluctuations that occur in each period of 12 months would be a component _______.
a. trend
b. cyclic
c. irregular
d. seasonal

29. In 2008, the total payroll for the New York Yankees was $ 209.1 million, while the total payroll for the Tampa Bay Rays was about $ 43.8 million, or about one-fifth of the Yankees. Many people have suggested that some teams can compare winning seasons and championships spending a lot of money on the most talented jugadors available. The following table presents the payroll (in millions of dollars) for the 14 teams in Major League Baseball American League, like the total number of wins each in the 2008 season: Develop a regression model for predict the total number of wins based on the payroll of a team. According to the results of computer output, analyze how accurate the model. Use the model to predicir the number of wins a team payroll of $ 79 million.

Teams            Millions        Number of victories
Yankees            209.1                  89
Tigers               138.7                  74
Red Sox            133.4                  95
White Sox         121.2                  89
Indians              79.0                   81
Orioles               67.2                   68
Oakland             48.0                   75
Los Angeles       119.2                 100
Marines             118.0                 61
Toronto            98.6                   86
Minnesota         62.2                   88
Kansas City       58.2                   75
Tampa Bay        43.8                   97
Rangers            68.2                   79

Reference no: EM131355351

Questions Cloud

Determining the network design project : In preparation for your network design project, discuss with your classmates ideas for addressing the security vulnerabilities in the network design. In your discussion, address the following:
What coupon rate must be set on the preferred in order : Its investment bankers have told the company that it can issue a 25-yr, 8.1% annual payment bond at par. They can also sell an issue of annual payment preferred stock to corporate investors who are in the 40% tax bracket. What coupon rate must be set..
What is the definition of nature and nurture : What is the definition of nature and nurture and what role does each play in adult development? Does nurture overpower nature
Corporate governance issues-it risk management : The company's senior managers are reviewing the company's Annual Report, which will be presented at the next quarterly shareholder's meeting. The annual report includes the following risk statements:
Develop a regression model for predict total number of wins : Develop a regression model for predict the total number of wins based on the payroll of a team. According to the results of computer output, analyze how accurate the model. Use the model to predicir the number of wins a team payroll of $ 79 millio..
What is the impact of divorce on teenagers : What is the impact of divorce on teenagers? Is it different that children in late adulthood
The project requires an investment in inventory : The Whilst Co. is analyzing a project that has projected sales of $189,400 and costs of $102,300. The project requires an investment in inventory of $15,000 plus another $28,000 in accounts receivable. Fixed assets of $80,000 are needed and will be d..
Discuss one situation where given would or would not be true : Read the article titled "Ends Justify Means Every Time", explain at least two (2) critical decisions you may have to make during your chosen career in criminal justice.
What statistics do you use in the real world : PSYC4700 Statistics for the Behavioral Sciences. What statistics do you use in the real world? What scales of measurement are you using (for example, nominal, ordinal, interval, or ratio)

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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