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- Solve An article in the ASCE Journal of Energy Engineering (1999, Vol. 125, pp.59-75) describes a study of the thermal inertia properties of autoclaved aerated concrete used as a building material. Five samples of the material were tested in a structure, and the average interior temperatures (°C) reported were as follows: 23.01, 22.22, 22.04, 22.62, and 22.59. Test that the average interior temperature is equal to 22.5°C using alpha (a) = 0.05. 1.)This problem is a test on what population parameter? a.Variance/ Standard Deviation b.Mean c.Population Proportion d.None of the above 2.)What is the null and alternative 3 points hypothesis? a.Ho / (theta = 22.5) , Ha: (0 # 22.5) b.Ho / (theta > 22.5) , Ha: (0 # 22.5) c.Ho / (theta < 22.5) , Ha: (theta >= 22.5) d.None of the above 3.)What are the Significance level 3 points and type of test? alpha = 0.05 two-tailed alpha = 0.95 two-tailed alpha = 0.95 one-tailed None of the above 4.)What standardized test statistic will…11.19 Refer to Exercise 11.18.a. Fit the linear regression model y 5 b0 1 b1x 1 e, where y is the log biologicalrecovery percentage.b. Compute an estimate of sigma e.For some genetic mutations, it is thought that the frequency of the mutant gene in men increases linearly with age. If m1 is the frequency at age t1, and m2 is the frequency at age t2, then the yearly rate of increase is estimated by r = (m2 − m1)/(t2 − t1). In a polymerase chain reaction assay, the frequency in 20-year-old men was estimated to be 17.7 ± 1.7 per μgDNA, and the frequency in 40-year-old men was estimated to be 35.9 ± 5.8 per μg DNA. Assume that age is measured with negligible uncertainty.a) Estimate the yearly rate of increase, and find the uncertainty in the estimate.b) Find the relative uncertainty in the estimated rate of increase.
- Consider the following log-wage regression results for women (W) and men (M) where wages are predicted by schooling (S) and age (A). wW = 2.23 + 0.077Sw + 0.017Aw and wM = 2.33 + 0.0745SM + 0.026AM. Sample means for the variables by gender are: women average a logged wage of 3.90, 12.7 years of schooling, and 40.8 years-old; men average a logged wage of 4.53, 14.2 years of schooling, and 43.9 years-old. Decompose the raw difference in average logged wages using the Oaxaca-Blinder decomposition. Specifically, decompose the raw difference into the portion due to differences in schooling, differences in age, and the portion left unexplained, possibly due to gender discrimination.Consider the following two a.m. peak work trip generation models, estimated by household linear regression: T = 0.62 + 3.1 X1 + 1.4 X2 R2= 0.590 (2.3) (7.1) (5.9) T = 0.01 + 2.4 X1 + 1.2 Z1 + 4.0 Z2 R2= 0.598 (0.8) (4.2) (1.7) (3.1) X1 = number of workers in the household X2 = number of cars in the household, Z1 is a dummy variable which takes the value 1 if the household has one car, Z2 is a dummy variable which takes the value 1 if the household has two or more cars. Compare the two models and choose the best. If a zone has 1000 households, of which 50% have no car, 35% have one car, and the rest have exactly two cars, estimate the total number of trips generated by this zone. Use the preferred trip generation model and assume that each household has an average of two workersThe article in the ASCE Journal of Energy Engineering (1999, Vol. 125, pp.59-75) describes a study of the thermal inertia properties of autoclaved aerated concrete used as a building material. Five samples of the material were tested in a structure, and the average interior temperatures (°C) reported were as follows: 23.01, 22.22, 22.04, 22.62, and 22.59. Test that the average interior temperature is equal to 22.5°C using alpha (a) = 0.05. This problem is a test on what population parameter? What is the null and alternative hypothesis? What are the Significance level and type of test? What standardized test statistic will be used? What is the standard test statistic? What is the Statistical Decision? What is the statistical decision in the statement form?
- The following table shows the annual number of PhD graduates in a country in various fields. NaturalSciences Engineering SocialSciences Education 1990 70 10 70 30 1995 130 40 110 40 2000 330 130 280 120 2005 490 370 460 210 2010 590 550 830 520 2012 690 590 1,000 900 (a) With x = the number of social science doctorates and y = the number of education doctorates, use technology to obtain the regression equation. (Round coefficients to three significant digits.) y(x) = (b) Use technology to obtain the coefficient of correlation r. (Round your answer to three decimal places.) r =he following table shows the annual number of PhD graduates in a country in various fields. NaturalSciences Engineering SocialSciences Education 1990 70 10 60 30 1995 130 40 100 50 2000 330 130 280 140 2005 490 370 460 210 2010 590 550 830 520 2012 690 590 1,000 900 (a)With x = the number of social science doctorates and y = the number of education doctorates, use technology to obtain the regression equation. (Round coefficients to three significant digits.) y(x) = Use technology to obtain the coefficient of correlation r. (Round your answer to three decimal places.) r =ch 11. 4 Oxnard Petro, Ltd., has three interdisciplinary project development teams that function on an ongoing basis. Team members rotate from time to time. Every 4 months (three times a year) each department head rates the performance of each project team (using a 0 to 100 scale, where 100 is the best rating). Are the main effects significant? Is there an interaction?
- Solve for the BIAS, MAD, MAPE and MSE of the following data: Period Actual Sales 1 21 2 25 3 28 4 31 5 35 6 25 7 29 8 30 9 24 10 26 11 27 12 24 13 27 Solve for d) exponential smoothing alpha of 0.2 and the first forecast is the same with the actual salesQuestion 1 Provide an algebraic proof that the least squares estimator is not consistent when Cov(x,e)=0 with the regression model y =B1+B2E(x)+e where E(e)=0So that E(y) = B1 + B2E(x)Consider the following Cobb-Douglas production function for the bus transportation system in a city: Q = Lβ1Fβ2Bβ3Where L = labour input in worker hours F = fuel input in gallons B = capital input in number of buses Q = output measured in millions of bus miles Suppose that the parameters (α, β1, β2 and β3) of this model were estimated using annual data for the past 25 years. The following results were obtained: β1 = 0.45, β2 = 0.20 and β3 = 0.30 A. What type of returns to scale appears to characterise the transportation system (ignore the issue of statistical significance)? B. Discuss some of the methodological and measurement problems one might encounter in using time-series data to estimate the parameters of this model.