The cost of living index number from the following data iš 3 9. 7 10 Weights W Group/Commodity Index Number I 71 370 423 469 110 279 (A) 353 20 (B) 253 20 323.20 (D) 343.20.
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- (6.15)- Refer to the data in Table 2.13. Regard this hospital as typical of Pennsylvania hospitals. A-What is the best point estimate of the percentage of males among patients discharged from Pennsylvania hospitals?B-What is the standard error of the estimate obtained in Problem A?C-Provide a 95% CI for the percentage of males among patients discharged from Pennsylvania hospitalsSuppose a researcher believes that the occurrence of natural disasters such as earthquakes leads to increased activity in the construction industry. he decides to collect province-level data on employment in the construction industry of an earthquake-prone country, like Japan, and regress this variable on an indicator variable that equals 1 if an earthquake took place in that province in the last five years. a. Should the researcher include province fixed effects in order to control for location specific characteristics of the labor market? b. What can the researcher to control for the location effects?Suppose that 3000 drivers in Wakanda were randomly breath-tested on 21 April 2019 and 116 were above the limit of 0.05 blood- alcohol level. On 15 May 2019, 4000 drivers were tested and 98 were above this level. 1.3.1 What additional information would you require before trying to draw conclusion from these data? (5) 1.3.2 What factors, other than a real change in driver behaviours, could cause such a drop in the proportion of above-the-limit drivers. (6) 1.4 A set of data has an interquartile range of 20 and a lower quartile of 6. If the data is symmetrical, calculate the value of the median.
- An analysis was conducted by the Statistics Consulting Center atVirginia Polytechnic Institute and State University in which acertain treatment was applied to a set of tree stumps. The chemicalGarlon was used the with the purpose of regenerating the roots ofthe stumps. A spray was used with four levels of GarlonPage 23 of 23concentration. After a period of time the height of the shoots wasobserved. Does the concentration of Garlon has a significantimpact on the height of the shoots? Use α = 0.05.18. What is the significant level (in %)?Mr. William Profit is studying companies going public for the first time. He is particularly interested in the relationship between the size of the offering and the price per share. A sample of 15 companies that recently went public revealed the following information. Size Price Size Price ($ millions), per Share, ($ millions), per Share, Company x y Company x y 1 9.0 10.8 9 160.7 11.3 2 94.4 11.3 10 96.5 10.6 3 27.3 11.2 11 83.0 10.5 4 179.2 11.1 12 23.5 10.3 5 71.9 11.1 13 58.7 10.7 6 97.9 11.2 14 93.8 11.0 7 93.5 11.0 15 34.4 10.8 8 70.0 10.7 Click here for the Excel Data File a. Determine the regression equation. (Round your answers to 4 decimal places.) b-1. State the decision rule for 0.05 significance level: H0: β ≤ 0; H1: β > 0. (Round your answer to 3 decimal places.) b-2. Compute the value of the test statistic. (Round your…
- A data with 18 points will be integrated as accurately as possible using a combination of Simpson's rules. It will require ____ applications of Simpson's 3/8th rule and _____ applications of Simpson's 1/3rd ruleThe fitted line that results from regressions of the Single Index Model is called:a. The security specific line.b. The security characteristic line.c. The single index line.d. The security market line.Calculate Yule’s coefficient of association between the weight of children and their respective economic condition for the data given below. Poor children Rich children Below normal weight 75 23 Above normal weight 5 42
- 6.11 Refer to the data in Table 2.13. Regard this hospital as typical of Pennsylvania hospitals.Compute a 95% CI for the mean age.Suppose that in the previous semester, the percentages of students in the five sections of ECO 204 were 20%, 21%, 19%, 15% and 25%. However, in the current semester, among a sample of 200 students, the student distribution among five sections is 51, 49, 30, 20 and 50. Can we conclude that there has been a statistically significant change in the student proportions?A mutual fund is a professionally managed investmentscheme that pools money from many investorsand invests in a variety of securities. Growth fundsfocus primarily on increasing the value of investments,whereas blended funds seek a balance betweencurrent income and growth. Here is data on theexpense ratio (expenses as a % of assets, from www.morningstar.com) for samples of 20 large-cap balancedfunds and 20 large-cap growth funds (“largecap”refers to the sizes of companies in which thefunds invest; the population sizes are 825 and 762,respectively):Bl 1.03 1.23 1.10 1.64 1.301.27 1.25 0.78 1.05 0.640.94 2.86 1.05 0.75 0.090.79 1.61 1.26 0.93 0.84Gr 0.52 1.06 1.26 2.17 1.550.99 1.10 1.07 1.81 2.050.91 0.79 1.39 0.62 1.521.02 1.10 1.78 1.01 1.15 a. Calculate and compare the values of x, x , , and s forthe two types of funds.b. Construct a comparative boxplot for the two types offunds, and comment on interesting features.