Maurice Tutor

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Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 09 Jul 2017 My Price 13.00

large metropolitan areas in New England

IMPORTANT:

Showing your work and how you reached the answer is critical in receiving your grade...simply putting down values as the final answer will not earn you any points.

Week 4 LT Assignments

1. The following hypotheses are given.

H0: p = .40

H1: p ? .40

A sample of 120 observations revealed that p = .30. At the .05 significance level, can the null hypothesis be rejected?

a. State the decision rule.

b. Compute the value of the test statistic.

c. What is your decision regarding the null hypothesis?

1.value:
1.00 points

The production department of Celltronics International wants to explore the relationship between the number of employees who assemble a subassembly and the number produced. As an experiment, 3 employees were assigned to assemble the subassemblies. They produced 14 during a one-hour period. Then 5 employees assembled them. They produced 23 during a one-hour period. The complete set of paired observations follows.

Number of
Assemblers
One-Hour
Production (units)
3 14
5 23
2 9
6 39
4 30

The dependent variable is production; that is, it is assumed that different levels of production result from a different number of employees.


PictureClick here for the Excel Data File

b.

A scatter diagram is provided below. Based on it, does there appear to be any relationship between the number of assemblers and production?

  Picture
  (Click to select)NoYes , as the number of assemblers (Click to select)decreasesincreases, so does the production.
c.

Compute the correlation coefficient. (Negative amounts should be indicated by a minus sign. Round sx, sy and r to 3 decimal places.)

X Y Picture Picture (Picture )2 (Picture )2 (Picture )(Picture )
3 14   -9   81  
5 23 1   1   0
2 9   -14   196  
6 39 2   4   32
4 30   7 0   0
             

2.value:
1.00 points

The following sample observations were randomly selected. (Round your answers to 2 decimal places.)

X:

4

5

3

6

10

Y:

10.8

11.6

7

16.4

20.6

a. The regression equation is formula17.mml = + X
   
b. When X is 6 this gives formula17.mml =

Picture =   Picture =   sx =  
sy =     r =  

ReferenceseBook & ResourcesWorksheet

 

3.value:
10.00 points

Bi-lo Appliance Super-Store has outlets in several large metropolitan areas in New England. The general sales manager aired a commercial for a digital camera on selected local TV stations prior to a sale starting on Saturday and ending Sunday. She obtained the information for Saturday–Sunday digital camera sales at the various outlets and paired it with the number of times the advertisement was shown on the local TV stations. The purpose is to find whether there is any relationship between the number of times the advertisement was aired and digital camera sales. The pairings are:

Location of Number of Saturday–Sunday Sales
TV Station Airings ($ thousands)
Providence 4 15
Springfield 2 8
New Haven 5 21
Boston 6 24
Hartford 3 17

PictureClick here for the Excel Data File

a. What is the dependent variable?
   
  (Click to select)SalesNumber of advertisements is the dependent variable.
c. Determine the correlation coefficient. (Round your answer to 2 decimal places.)
Coefficient of correlation  
d. Interpret these statistical measures.
The statistical measures obtained here indicate (Click to select)a strong negativea strong positive correlation between the variables.

4.value:
10.00 points

The owner of Maumee Ford-Mercury-Volvo wants to study the relationship between the age of a car and its selling price. Listed below is a random sample of 12 used cars sold at the dealership during the last year.

Car Age (years) Selling Price ($000) Car Age (years) Selling Price ($000)
1 9 8.1 7 8 7.6
2 7 6.0 8 11 8.0
3 11 3.6 9 10 8.0
4 12 4.0 10 12 6.0
5 8 5.0 11 6 8.6
6 7 10.0 12 6 8.0


Picture Click here for the Excel Data File

a.

If we want to estimate selling price on the basis of the age of the car, which variable is the dependent variable and which is the independent variable?

   
  (Click to select)Selling priceCarAge is the independent variable and (Click to select)selling priceagecar is the dependent variable.
b-1.

Determine the correlation coefficient. (Negative amounts should be indicated by a minus sign. Round your answers to 3 decimal places.)

X Y Picture Picture (Picture )2 (Picture )2 (Picture )(Picture )
9.0 8.1   1.192 0.007 1.420 0.099
7.0 6.0   -0.908 3.674 0.825 1.741
11.0 3.6 2.083   4.340 10.945 -6.892
12.0 4.0 3.083   9.507 8.458 -8.967
8.0 5.0 -0.917 -1.908   3.642 1.749
7.0 10.0 -1.917 3.092   9.558 -5.926
8.0 7.6 -0.917 0.692 0.840   -0.634
11.0 8.0 2.083 1.092 4.340   2.274
10.0 8.0 1.083 1.092 1.174 1.192  
12.0 6.0 3.083 -0.908 9.507 0.825  
6.0 8.6 -2.917 1.692 8.507 2.862 -4.934
6.0 8.0 -2.917 1.092 8.507 1.192 -3.184
107.000 82.900          

Picture =   Picture =   sx =   sy =  
r =  
b-2. Determine the coefficient of determination. (Round your answer to 3 decimal places.)
   
   
c.

Interpret the correlation coefficient. Does it surprise you that the correlation coefficient is negative? (Round your answer to nearest whole number.)

   
  (Click to select)StrongNoModerate correlation between age of car and selling price. So, % of the variation in the selling price is explained by the variation in the age of the car.
5.value:
10.00 points

Pennsylvania Refining Company is studying the relationship between the pump price of gasoline and the number of gallons sold. For a sample of 20 stations last Tuesday, the correlation was .78.

At the .01 significance level, is the correlation in the population greater than zero? (Round your answer to 3 decimal places.)

The test statistic is .

Decision: (Click to select)RejectDo not reject H0: ? = 0

 

Answers

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Status NEW Posted 09 Jul 2017 10:07 PM My Price 13.00

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