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1. In the study of age and systolic blood pressure of five randomly selected subjects, a researcher reported the following data.
Subject # Age, x Pressure, y10 6 512 8 99 3 1215 0 813 2 4
a. Calculate the means, median, modes, variances, and standard deviations.
b. Compute the value of the correlation coefficient for the data.
c. Compute the value of the coefficient of determination.
d. Compute the regression line.
e. Compute the standard error of the estimate.
A portfolio p of consisting 60% of stock X and 40% of stock Y, has a correlation ρpM = 0.62 with the market. What is the portfolio volatility? Statement on the diversification effect.
CASE STUDY: Are the Fish Safe to Eat? Assessing which Factors affect Mercury Levels in Fish in Maine Lakes.
The average gas mileage of a certain model car is 29.0 miles. If the gas mileages are normally distributed with a standard deviation of 0.6 miles per gallon, find the probability that the car has a gas mileage of between 28.8 and 29.2 miles per ga..
Bob Billy is an operations analyst for Dollar-Does-It stores based in Iva, SC. He is currently studying the order and stocking policies for top-selling toy.
The American Sugar Producers Association wants to estimate the mean yearly sugar consumption. A sample of 16 people reveals the mean yearly consumption to be 60 pounds with a standard deviation of 20 pounds.
Write a paragraph summarizing the results of the analysis and determine whether the calculated values of chi-square are statistically significant
At the .05 level, you are testing whether there is a significant difference in the proportions of college students and similar aged non college students having accidents during the two year period. Is this a test of sample means or sample proporti..
Let X1, ..., Xn be a random sample from a two-parameter exponential distribution, Xi ~ EXP (theta, eta). (a) Assuming it is known that eta = 150, find a pivotal quantity for the parameter theta based on the sufficient statistic.
Calculate the mean and standard deviation for this set of data. Convert your answer back to dollars and cents and give the correlation value between number of beers consumed and BAC?
What is the probability that the team wins tonight and that there will be a large crowd at tomorrow's game?
Identify and justify which type of sampling (random, stratified, systematic, cluster, convenience) is used in the following examples.
Construct a probability for the number of students in the sample who watch soap operas.
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