(a) Compute a price relative for each type of seafood. (Round your answers to one decimal place.). Seafood Price Relatives Halibut Lobster Tuna (b) Compute a weighted aggregate price index for the regional seafood chain. (Round your answer to one decimal place.). I = Comment on the change in seafood expense over the 16-year period. (Round your answer to one decimal place.) In aggregate, seafood expenses have increased % over the 16-year period.
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- Aragon Equipment, Inc. is a tractor manufacturer that is beginning to realize the importance of sales data in marketing its products. Its two main products are The Incisor, a tractor used in large agricultural settings, and The Caddy, a smaller tractor primarily used in landscape. The company divides its market into four geographic regions. With the aim of maximally allocating its resources, Aragon decides to investigate whether there is a relationship between the variables type of Aragon tractor sold ("The Incisor" or "The Caddy") and geographic region of the sale ("Great Lakes", "Ohio Valley", "Mid-Atlantic", or "Corn Belt"). The contingency table below summarizes sales data from 500 Aragon tractor sales. Each cell of the table contains three numbers: the first number is the observed cell frequency (fO); the second number is the expected cell frequency (fE) under the assumption that there is no relationship between the type of tractor sold and the geographic region of the sale; and…The regional transit authority for a major metropolitan area wants to determine whether there is any relationship between the age of a bus and the annual maintenance cost. A sample of 10 buses resulted in the data in Worksheet 2. Worksheet 2 Age of a Bus (years) Maintenance Cost ($) 1 350 2 370 2 480 2 520 2 590 3 550 4 750 4 800 5 790 5 950 At the 0.05 level of significance, is there evidence of a linear relationship between the age of a bus and the annual maintenance cost.Burger Dome sells hamburgers, cheeseburgers, French fries, soft drinks, and milk shakes, as well as a limited number of specialty items and dessert selections. Although Burger Dome would like to serve each customer immediately, at times more customers arrive than can be handled by the Burger Dome food service staff. Thus, customers wait in line to place and receive their orders. Suppose that Burger Dome analyzed data on customer arrivals and concluded that the arrival rate is 45 customers per hour and 1 customer processed per minute. Compare a multiple-server waiting line system with a shared queue to a multiple-server waiting line system with a dedicated queue for each server. Suppose Burger Dome establishes two servers but arranges the restaurant layout so that an arriving customer must decide which server's queue to join. Assume that this system equally splits the customer arrivals so that each server sees half of the customers. How does this system compare with the two-server…
- A researcher is interested in examining the relationship between ACT scores and college GPA. What can youconclude from the following data? Based on the interpretation framework discussed in class, how strong is thiscorrelation? Discuss the relative movement of the variables Participant ACT GPA1 24 2.752 28 3.253 29 3.504 35 3.755 34 4.006 30 3.807 29 2.608 27 2.689 31 3.36Chad Dobson is considering real estate investment near a community college. The accompanying data file includes monthly rents (in $) for 27 houses, along with three characteristics of the home: number of bedrooms (Beds), number of bathrooms (Baths), and square footage (Sqft). Rent Beds Baths Sqft 2950 4 4 1453 2400 4 2 1476 2375 3 3 1132 2375 3 3 1132 2350 4 2.5 1589 2000 3 2.5 1459 1935 3 2 1200 1825 3 2 1248 1810 2 2 898 1735 3 2.5 1060 1695 3 2 1100 1405 3 1 1030 1375 2 1 924 1365 2 1 974 1325 2 2 988 1275 2 2 880 1200 1 1 712 1180 2 1.5 890 1180 2 2 960 1115 2 1 1020 1100 2 1 903 1060 1 1 724 1007 3 2 1260 850 2 1.5 890 810 1 1 570 785 1 1 475 744 2 1 930 1. Estimate the linear model that uses Rent as the response variable. Note: Negative values should be indicated by a minus sign. Round your answers to 2 decimal places. 2. Estimate the exponential model that uses log of Rent as the response variable. Note: Negative…Organizations such as J.D. Power and Associates use the proportion of owners likely to repurchase a particular automobile as an indication of customer loyalty for the automobile. An automobile with a greater proportion of owners likely to repurchase is concluded to have greater customer loyalty. A study was conducted to compare the customer loyalty for three automobiles: Chevrolet Impala, Ford Fusion, and Honda Accord. The study contained 500 respondents and the data is summarized in the Microsoft Excel Online file below. Use the spreadsheet to perform the required calculations and hypothesis test.
- A dietetics student wanted to look at the relationship between calcium intake and knowledge about calcium in sports science students. Table 1 shows the data she collected. Respondent number Knowledge score (Out of 50) Calcium intake (mg/day) Respondent number Knowledge score (Out of 50) Calcium intake (mg/day) 1 10 450 11 38 940 2 42 1050 12 25 733 3 38 900 13 48 985 4 15 525 14 28 763 5 22 710 15 22 583 6 32 854 16 45 850 7 40 800 17 18 798 8 14 493 18 24 754 9 26 730 19 30 805 10 32 894 20 43 1085 Does knowledge score predicts the calcium intake of a person?To find hypothesis testing, determine: 1. Null and Alternative Hypothesis 2. Sample size and Alpha Level 3. Find the statistical tool 4. Computation 5. Decision 6. ConclusionA dietetics student wanted to look at the relationship between calcium intake and knowledge about calcium in sports science students. Table 1 shows the data she collected. Respondent number Knowledge score (Out of 50) Calcium intake (mg/day) Respondent number Knowledge score (Out of 50) Calcium intake (mg/day) 1 10 450 11 38 940 2 42 1050 12 25 733 3 38 900 13 48 985 4 15 525 14 28 763 5 22 710 15 22 583 6 32 854 16 45 850 7 40 800 17 18 798 8 14 493 18 24 754 9 26 730 19 30 805 10 32 894 20 43 1085 Is there a relationship between calcium intake and knowledge about calcium in sports science students? Use ANOVA Test to determine the answers.A dietetics student wanted to look at the relationship between calcium intake and knowledge about calcium in sports science students. Table 1 shows the data she collected. Respondent number Knowledge score (Out of 50) Calcium intake (mg/day) Respondent number Knowledge score (Out of 50) Calcium intake (mg/day) 1 10 450 11 38 940 2 42 1050 12 25 733 3 38 900 13 48 985 4 15 525 14 28 763 5 22 710 15 22 583 6 32 854 16 45 850 7 40 800 17 18 798 8 14 493 18 24 754 9 26 730 19 30 805 10 32 894 20 43 1085 Does knowledge score predicts the calcium intake of a person?
- The dataset below was collected from a survey to determine whether CFT development in the island can be used as a strategy for the sustainable management and utilization of the fishery and aquatic resources in small islands. It shows the monthly income (in thousand pesos) estimated by 200 randomly selected fishers in Guimaras according to the type of fishers (i.e., the income source of fishers is solely fishing or they have alternative/supplemental livelihood such as island hopping services, sari-sari store ownership, fish value adding and/or vending, souvenir selling, carpentry, as construction worker, farming and tour guiding) and their perceived benefit from CFT development in the island. From this dataset and using = 0.05, is there a significant difference in estimated monthly income due tofisher type? How about due to the CFT perceived benefit? How about due to the interaction between fishertype and the perceived CFT benefit?a. Analyze manually and assume that the…McAllister, et al. (2012) compared varsity football and hockey players with varsity athletes from noncontact sports to determine whether exposure to head impacts during one season have an effect on cognitive performance. In the study, tests of new learning performance were significantly poorer for the contact sport athletes compared to the noncontact sport athletes. The following table presents data similar to the results obtained in the study. Noncontact Athletes Contact Athletes 10 7 8 4 7 9 9 3 13 7 7 6 6 10 12 2 Are the neurological test scores significantly lower for the contact athletes than for the noncontact athletes in the control group? Use a one-tailed test with α = .05. Compute the value of r² (percentage of variance accounted for) for these data.Suppose researchers at an abdominal transplant clinic are concerned about the rate of graft loss due to diabetes status prior to receiving a donor kidney. Research has shown that gender discordance, or receiving a gender from a donor of an opposite gender may increase the risk of both exposure and outcome after transplant. Assume the following tables represent the stratified analysis of the potential confounding variable. (9 points) Gender Discordance Graft Failure No Graft Failure Total Diabetes II 23 10 33 No Diabetes II 4 44 48 Total 27 54 81 Gender Concordance Graft Failure No Graft Failure Total Diabetes II 9 34 43 No Diabetes II 12 87 99 Total 21 121 142 A) Calculate the stratum specific estimates for the odds ratios in each strata. B) Observe the difference in the odds ratios. Based on observation alone, what are we likely to conclude regarding the relationship between outcome and exposure…