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- In an effort to make the distribution of income more nearly equal, the government of a country passes a tax law that changes the Lorenz curve from y = 0.98x2.1 for one year to y = 0.32x2 + 0.68x for the next year. Find the Gini coefficient of income for both years. (Round your answers to three decimal places.)Suppose μ1 and μ2 are true mean stopping distances at 50 mph for cars of a certain type equipped with two different types of braking systems. The data follows: m = 8, x = 114.6, s1 = 5.03, n = 8, y = 129.3, and s2 = 5.38. Calculate a 95% CI for the difference between true average stopping distances for cars equipped with system 1 and cars equipped with system 2. (Round your answers to two decimal places.) ,A survey of 90 recently delivered women on the rolls of a county welfare department revealed that 27 had a history of intrapartum or postpartum infection. What is the critical value of z if we need to conclude that the population proportion with a history of intrapartum or postpartum infection is less than 0.25.
- Is there a significant difference in the competency in basic calculus of the students based from their pre-test and post-test conducted by their teacher? Use alpha at 0.05 (Data as followed)The analysis of tooth shrinkage by C. Loring Brace and colleagues at the University of Michigan’s Museum of Anthropology indicates that human tooth size is con-tinuing to decrease and that the evolutionary process has not yet come to a halt. In northern Europeans, for example, tooth size reduction now has a rate of 1% per 1000 years. a. If t represents time in years and y represents tooth size, use the condition that y = 0.99y0 when t = 1000 to find the value of k in the equation y = y0 ekt. Then use this value of k to answer the following questions. b. In about how many years will human teeth be 90% of their present size? c. What will be our descendants’ tooth size 20,000 years from now (as a percentage of our present tooth size)?The variation of Y around its mean can be decomposed into which two parts?
- Suppose a Lorenz curve for a particular country is f(x)=x6 for 0≤x≤1. What is the Gini index of income concentration for this country? Give your answer to the nearest integerA researcher hypothesizes that in a certain country the net annual growth of private sector purchases of government bonds, B, is positively related to the nominal rate of interest on the bonds, NI, and negatively related to the rate of inflation Π: Bt = a0 + a1NIt + a2Π t + ut Note that it may be hypothesized that B depends on the real rate of interest on bonds, R, where R = NI – Π. Using a sample of 56 annual observations, s/he estimates the following equations: (1) Bt = 0.43 + 0.90NIt - 0.97Πt R21 = 0.962, SSR1 = 2.20, QRESET(F1,52) = 16.6 (3.58) (8.80) (-1.05) (2) Bt = 0.44 + 0.94Rt R22 = 0.960, SSR2 = 2.22, QRESET(F1,53) = 0.9 (9.70) (16.7) (3) Bt = 0.44 + 1.14NIt SSR3 = 9.20, QRESET(F1,53) = 59.9 (8.84) (36.1) (4) NIt = 0.08 + 0.94Πt R24 = 0.997, SSR4 = 0.18, QRESET(F1,53) = 1.4…You have received a radioactive mass that is claimed to have a mean decay rate of at least 1 particle per second. If the mean decay rate is less than 1 per second, you may return the product for a refund. Let X be the number of decay events counted in 10 seconds. a) If the mean decay rate is exactly 1 per second (so that the claim is true, but just barely), what is P(X ≤ 1)? b) Based on the answer to part (a), if the mean decay rate is 1 particle per second, would one event in 10 seconds be an unusually small number? c) If you counted one decay event in 10 seconds, would this be convincing evidence that the product should be returned? Explain. d) If the mean decay rate is exactly 1 per second, what is P(X ≤ 8)? e) Based on the answer to part (d), if the mean decay rate is 1 particle per second, would eight events in 10 seconds be an unusually small number? f) If you counted eight decay events in 10 seconds, would this be convincing evidence that the product should be returned? Explain.
- Researchers interested in lead exposure due to car exhaust sampled the blood of 52 police officers subjected to constant inhalation of automobile exhaust fumes while working traffic enforcement in a primarily urban environment. The blood samples of these officers had an average lead concentration of 124.32 µg/l and a SD of 37.74 µg/l; a previous study of individuals from a nearby suburb, with no history of exposure, found an average blood level concentration of 35 µg/l. Based on your preceding result, without performing a calculation, would a 99% confidence interval for the average blood concentration level of police officers contain 35 µg/l? Based on your preceding result, without performing a calculation, would a 99% confidence interval for this difference contain 0? Explain why or why not.A researcher collects data that represents the average number of hours of sleep in the last two nights by 8 depressed patients and 9 non-depressed patients. The researcher is interested in whether the two groups reliably differ in the amount of sleep they get. Use Jamovi to calculate t-obt and the p value.Suppose that the Lorenz Curve for country A is given by yA = x 2.2 and for country B is yB = 0.3x 2 + 0.7x. Use the Gini index to determine which of the two countries has greater inequality in its income distribution.