Question # 4: The following table contains information from the raw material purchase records of a small factory for the year 2002 and 2003: Commodity 2002 2003 Price Total value Price Total value A 50 6. 72 84 10 80 10 80 12 96 4 20 5 30 E 8. 56 64 Calculate Fisher's Ideal index number.

Question # 4: The following table contains information from the raw material purchase records of a small factory for the year 2002 and 2003: Commodity 2002 2003 Price Total value Price Total value A 50 6. 72 84 10 80 10 80 12 96 4 20 5 30 E 8. 56 64 Calculate Fisher's Ideal index number.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question 9 How Many Social Ties Do You Have?Most US adults have social ties with a large number of people, including friends, family, co-workers, and other acquaintances. It is nearly impossible for most people to reliably list all the people they know, but using a mathematical model, social analysts estimate that, on average, a US adult has social ties with 634 people.1 A survey of 1700 randomly selected US adults who are cell phone users finds that the average number of social ties for the cell phone users in the sample was 664 with a standard deviation of 778. Does the sample provide evidence that the average number of social ties for a cell phone user is significantly different from 634, the hypothesized number for all US adults?1Hampton, K., Goulet, L., Rainie, L., and Purcell, K., ‘‘Social Networking Sites and Our Lives,” Pew Research Center, pewresearch.org, June 16, 2011. State the null and alternative hypotheses. Your answer…
Question 15 Consider an operational process in a factory where widgets are produced. As the process is not perfect, errors sometimes happen, and the errors are either technical or human. Over the last 100 days, errors were observed and recorded. On any given day, there occurred zero to three (0 to 3) human errors and zero to three (0 to 3) technical errors. The frequency distribution of errors is given in the following contingency table. Number of human errors No. of Tech Errors 0 1 2 3 Total 0 8 6 4 4 22 1 5 8 9 10 32 2 4 5 10 8 27 3 0 3 4 12 19 Total 17 22 27 34 100 What is the probability of 3 human errors on any given day? State your answer as a decimal value rounded to two digits after the decimal point.
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Question 23: The National Institute of Mental Health published an article stating that in any one-year period, approximately 9% of American adults suffer from depression or a depressive illness. Suppose that in a survey of 2000 people in a certain city, 10% of them suffered from depression or a depressive illness. Conduct a hypothesis test to determine if the true proportion of people in that city suffering from depression or a depressive illness is more than the 9% in the general adult American population. Test the relevant hypotheses using a 10% level of significance. Give answer to at least 4 decimal places. What are the correct hypotheses? (Select the correct symbols and use decimal values not percentages.) H0: H1: Based on the hypotheses, find the following: Test Statistic = p-value = Based on the above we choose to The correct summary would be: that the true proportion of people in that city suffering from depression or a…
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Question 10 Consider an operational process in a factory where widgets are produced. As the process is not perfect, errors sometimes happen, and the errors are either technical or human. Over the last 100 days, errors were observed and recorded. On any given day, there occurred zero to three (0 to 3) human errors and zero to three (0 to 3) technical errors. The frequency distribution of errors is given in the following contingency table. Number of human errors No. of Tech Errors 0 1 2 3 Total 0 8 6 4 4 22 1 5 8 9 10 32 2 4 5 10 8 27 3 0 3 4 12 19 Total 17 22 27 34 100 What is the probability of 0 technical errors given 3 human errors? State your answer as a decimal value rounded to two digits after the decimal point.
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QUESTION 13 Suppose that historically, the proportion of people who trade in their old car to a car dealer when purchasing a new car is 48%. Over the previous 6 months, in a sample of 115 new-car buyers, 46 have traded in their old car. To determine whether the proportion of new car buyers that trade in their old car has statistically significantly decreased, what is the p-value? (please round your answer to 4 decimal places)
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