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- The estimated model was Theft = β0 + β1caught + β2penalty + β3gender + β4Income + β5Edu Provide an explanation of the expected signs of each of the coefficients, referring to relevant economic theory.Suppose that a researcher is interested in the average standardized test score for fifth graders in a local school district. The fifth graders at a specific school would comprise a ___________ and their average test score would be a ___________.2. A leading researcher in the study of interstate highway accidents proposes that a major cause of many collisions on the interstates is not the speed of the vehicles but rather the difference in speeds of the vehicles. When some vehicles are traveling slowly while other vehicles are traveling at speeds greatly in excess of the speed limit, the faster-moving vehicles may have to change lanes quickly, which can increase the chance of an accident. Thus, when there is a large variation in the speeds of the vehicles in a given location on the interstate, there may be a larger number of accidents than when the traffic is moving at a more uniform speed. The researcher believes that when the standard deviation in speed of vehicles exceeds 10 mph, the rate of accidents is greatly increased. During a 1-hour period of time, a random sample of 50 vehicles is selected from a section of an interstate known to have a high rate of accidents, and their speeds are recorded using a radar gun. The data…
- If there is no seasonal effect on people getting sick, we would expect equal numbers of people getting sick in each season (winter, spring, summer and fall). A student takes a census of students who took Marketing Research in 2019 and finds that of the 280 students who took Marketing Research in 2019, 75 were sick in winter, 65 were sick in spring, 68 were sick in summer and 72 were sick in fall. She wonders if the excess in the winter is an indication that sickness rates are not uniform throughout the year. Perform the appropriate chi-square test and indicate the chi-square value below. (Report two decimals)The 2019-2020 flu season was especially tough. By the end of the season, an estimated total of 49 million people in the United States had contracted the flu, of whom an estimated 79,000 died from the flu. Assume that the US population was 300,000,000 during the 2019-2020 flu season and that during the season, a total of 2.9 million Americans died from all causes (including the flu). Assume the population of the US remained the same at the midpoint of the season. Report mortality rates per 100,000. Be sure to express the measure in the correct format. a.What was the proportionate mortality rate from flu during the 2019-2020 flu season? b.What was the case fatality rate from flue during the 2019-2020 flu season?The 2019-2020 flu season was especially tough.By the end of the season, an estimated total of 49 million people in the United States had contracted the flu, of whom an estimated 79,000 died from the flu. Assume that the US population was 300,000,000 during the 2019-2020 flu season and that during the season, a total of 2.9 million Americans died from all causes (including the flu). Assume the population of the US remained the same at the midpoint of the season. Report mortality rates per 100,000. Be sure to express the measure in the correct format. c.What was the flu-related mortality rate during the 2019-2020 flu season? d.What is the all-cause mortality rate during the 2019-2020 flu season? e.In a country with an age distribution that is much younger than in the US, the proportionate mortality rate from flu in 2019 was 5%. Based on this information alone, can we determine that the risk of dying from flu in 2019 was higher in this country compared to the US? Why or why not?
- If the price of a piece of tuperware having capacity X is given by 60X-545, what is the expected price paid by the next customer to buy a piece of tuperware?In an M/M/1 queueing system, the arrival rate is 9 customers per hour and the service rate is 12 customers per hour. What is the utilization? (Round your answer to 3 decimal places.) 2. What is the expected number of customers in the system (L)? (Round your answer to 3 decimal places.) 3. What is the expected waiting time in the system (W)? (Express the waiting time in hours, round your answer to 3 decimal places.) 4. What is the expected number of customers in the queue(Lq)? (Round your answer to 3 decimal places.) 5. What is the expected waiting time in the queue(Wq)? (Express the waiting time in hours, round your answer to 3 decimal places.)