Statistics For Business And Economics, Student Value Edition Plus Mystatlab With Pearson Etext -- Access Card Package (13th Edition)
13th Edition
ISBN: 9780134596846
Author: MCCLAVE
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Textbook Question
Chapter 11, Problem 11.112ACI
Doctors and ethics. Refer to the Journal of Medical Ethics (Vol. 32, 2006) study of physicians’ use of ethics consultation, Exercise 2.166 (p. 120). Recall that the medical researchers measured the length of lime in practice (i.e .. years of experience) and the amount of exposure to ethics in medical school (number of hours) for a sample of 118 physicians. Consider a straight-line regression model relating hours of exposure (y) to time in practice (x).
- a. Fit the model to the data saved in the file and conduct a test (at α = .05 ) for a linear relationship between the two variables.
- b. In Exercise 2.166 you identified a highly suspect outlier for hours of exposure. Remove this outlier from the data set and rerun the analysis. part a. What do you observe?
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
If a scatterplot is created in excel, and a line of regression is fit along with a derived functional form, what does it mean to describe and interpret them? What conclusions would be made about relationships between two recorded variables?
If there is no significant correlation between the response and explanatory variables, would the slope of the regression line be (a) positive (b) negative (c) zero?
A mail-order business selling personal computer supplies, software and hardware maintains a centralized warehouse. Management is currently examining the process of distribution from the warehouse and wants to study the factors that affect the warehouse distribution costs.
Data collected over 24 random months contain the warehouse’s distribution cost (in thousands of Rands), the sales (in thousands of Rands) and the number of orders received. A multiple linear regression model was fitted to the data by using Stat1.2. Use the output to answer the questions that follow by typing only the letter of the correct option in the answer boxes.
Variablesy: Warehouse Distribution Costx1: Salesx2: Number of Orders
Model Fitting StatisticsR2 = 0.8504Adj R2: ?
Regression Coefficients Beta Parameter Standard b Parameter Standard Estimates…
Chapter 11 Solutions
Statistics For Business And Economics, Student Value Edition Plus Mystatlab With Pearson Etext -- Access Card Package (13th Edition)
Ch. 11.1 - In each case, graph the line that passes through...Ch. 11.1 - Give the slope and y-intercept for each of the...Ch. 11.1 - The equation for a straight line (deterministic...Ch. 11.1 - Refer to Exercise 11.3. Find the equations of the...Ch. 11.1 - Plot the following lines: a. y 4 + x b. y = 5 2x...Ch. 11.1 - Give the slope and y-intercept for each of the...Ch. 11.1 - Prob. 11.7LMCh. 11.1 - Prob. 11.8LMCh. 11.1 - If a straight-line probabilistic relationship...Ch. 11.1 - Congress voting on women's issues. The American...
Ch. 11.1 - Best-paid CEOs. Refer to Glassdoor Economic...Ch. 11.1 - Estimating repair and replacement costs of water...Ch. 11.1 - Forecasting movie revenues with Twitter. A study...Ch. 11.2 - The following table is similar to Table 11.2.It is...Ch. 11.2 - Refer to Exercise 11.14. After the least squares...Ch. 11.2 - Construct a scatterplot for the data in the...Ch. 11.2 - Consider the following pairs of measurements: a....Ch. 11.2 - Use the applet Regression by Eye to explore the...Ch. 11.2 - In business, do nice guys finish first or last?...Ch. 11.2 - State Math SAT scores. Refer to the data on...Ch. 11.2 - Lobster fishing study. Refer to the Bulletin of...Ch. 11.2 - Repair and replacement costs of water pipes. Refer...Ch. 11.2 - Joint Strike Fighter program. The Joint Strike...Ch. 11.2 - Software millionaires and birthdays. In Outliers:...Ch. 11.2 - Prob. 11.24ACICh. 11.2 - Ranking driving performance of professional...Ch. 11.2 - Sweetness of orange juice. The quality of the...Ch. 11.2 - Forecasting movie revenues with Twitter. Marketers...Ch. 11.2 - Charisma of top-level leaders. According to a...Ch. 11.2 - Ran kings of research universities. Refer to the...Ch. 11.2 - Prob. 11.30ACACh. 11.3 - Visually compare the scatterplots shown below. If...Ch. 11.3 - Calculate SSE and s2 for each of the following...Ch. 11.3 - Suppose you fit a least squares line to 26 data...Ch. 11.3 - Refer to Exercise 11.14 (p. 629). Calculate SSE,...Ch. 11.3 - Do nice guys really finish last in business? Refer...Ch. 11.3 - State Math SAT scores. Refer to the simple linear...Ch. 11.3 - Prob. 11.37ACBCh. 11.3 - Prob. 11.38ACBCh. 11.3 - Prob. 11.39ACBCh. 11.3 - Prob. 11.40ACICh. 11.3 - Prob. 11.41ACICh. 11.3 - Sweetness of orange juice. Refer to the study of...Ch. 11.3 - Rankings of research universities. Refer to the...Ch. 11.3 - Life tests of cutting tools. To Improve the...Ch. 11.4 - Construct both a 95% and a 90% confidence interval...Ch. 11.4 - Consider the following pairs of observations: a....Ch. 11.4 - Refer to Exercise 11.46. Construct an 80% and a...Ch. 11.4 - Do the accompanying data provide sufficient...Ch. 11.4 - State Math SAT Scores. Refer to the SPSS simple...Ch. 11.4 - Lobster fishing study. Refer to the Bulletin of...Ch. 11.4 - Prob. 11.51ACBCh. 11.4 - Prob. 11.52ACBCh. 11.4 - Estimating repair and replacement costs of water...Ch. 11.4 - Prob. 11.54ACBCh. 11.4 - Prob. 11.55ACICh. 11.4 - Beauty and electoral success. Are good looks an...Ch. 11.4 - Prob. 11.57ACICh. 11.4 - Prob. 11.58ACICh. 11.4 - Prob. 11.59ACICh. 11.4 - Prob. 11.60ACICh. 11.4 - Rankings of research universities. Refer to the...Ch. 11.4 - Prob. 11.62ACACh. 11.4 - Does elevation impact hitting performance in...Ch. 11.5 - Explain what each of the following sample...Ch. 11.5 - Describe the slope of the least squares line if a....Ch. 11.5 - Construct a scatterplot for each data set. Then...Ch. 11.5 - Calculate r2 for the least squares line in each of...Ch. 11.5 - Use the applet Correlation by Eye to explore the...Ch. 11.5 - In business, do nice guys finish first or last?...Ch. 11.5 - Going for it on fourth-down in the NFL Each week...Ch. 11.5 - Lobster fishing study. Refer to the Bulletin of...Ch. 11.5 - RateMyProfessors.com. A popular Web site among...Ch. 11.5 - Last name and acquisition timing. Refer to the...Ch. 11.5 - Women in top management. An empirical analysis of...Ch. 11.5 - Prob. 11.74ACICh. 11.5 - Prob. 11.75ACICh. 11.5 - Prob. 11.76ACICh. 11.5 - Prob. 11.77ACICh. 11.5 - Prob. 11.78ACICh. 11.5 - Evaluation of an imputation method for missing...Ch. 11.5 - Prob. 11.80ACICh. 11.5 - Prob. 11.81ACACh. 11.6 - Consider the followings of measurements: a...Ch. 11.6 - Consider the pairs of measurements shown in the...Ch. 11.6 - In fitting a least squares line to n = 10 data...Ch. 11.6 - Prob. 11.86ACBCh. 11.6 - Prob. 11.87ACBCh. 11.6 - Prob. 11.88ACBCh. 11.6 - Prob. 11.89ACBCh. 11.6 - Prob. 11.90ACBCh. 11.6 - Prob. 11.91ACICh. 11.6 - Ranking driving performance of professional...Ch. 11.6 - Spreading rate of spilled liquid Refer to the...Ch. 11.6 - Removing nitrogen from toxic wastewater. Highly...Ch. 11.6 - Predicting quit rates In manufacturing The reasons...Ch. 11.6 - Life tests of cutting tools Refer to the data...Ch. 11.7 - Prices of recycled materials. Prices of recycled...Ch. 11.7 - Thickness of dust on solar cells. The performance...Ch. 11.7 - Management research In Africa. The editors of the...Ch. 11.7 - An MBAs work-life balance. The importance of...Ch. 11 - In fitting a least squares line ton= 15 data...Ch. 11 - Consider the following sample data. a. Construct a...Ch. 11 - Consider the following 10 data points. a. Plot the...Ch. 11 - Drug controlled-release rate study. The effect of...Ch. 11 - Metaskills and career management. Effective...Ch. 11 - Burnout of human services professionals. Emotional...Ch. 11 - Retaliation against company whistle-blowers....Ch. 11 - Extending the life of an aluminum smelter pot. An...Ch. 11 - Diamonds sold at retail. Refer to the Journal of...Ch. 11 - Sports news on local TV broadcasts. The Sports...Ch. 11 - Evaluating managerial success. An observational...Ch. 11 - Doctors and ethics. Refer to the Journal of...Ch. 11 - FCAT scores and poverty. In the state of Florida,...Ch. 11 - Monetary values of NFL teams. Refer to the Forbes...Ch. 11 - Evaluating a truck weigh-in-motion program. The...Ch. 11 - Energy efficiency of buildings. Firms conscious of...Ch. 11 - Forecasting managerial needs. Managers are an...Ch. 11 - Prob. 11.118ACACh. 11 - Prob. 11.119CTCCh. 11 - Prob. 11.120CTC
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- Olympic Pole Vault The graph in Figure 7 indicates that in recent years the winning Olympic men’s pole vault height has fallen below the value predicted by the regression line in Example 2. This might have occurred because when the pole vault was a new event there was much room for improvement in vaulters’ performances, whereas now even the best training can produce only incremental advances. Let’s see whether concentrating on more recent results gives a better predictor of future records. (a) Use the data in Table 2 (page 176) to complete the table of winning pole vault heights shown in the margin. (Note that we are using x=0 to correspond to the year 1972, where this restricted data set begins.) (b) Find the regression line for the data in part ‚(a). (c) Plot the data and the regression line on the same axes. Does the regression line seem to provide a good model for the data? (d) What does the regression line predict as the winning pole vault height for the 2012 Olympics? Compare this predicted value to the actual 2012 winning height of 5.97 m, as described on page 177. Has this new regression line provided a better prediction than the line in Example 2?arrow_forwardWhich of the following is not an example of systematic error in an observational study? A cross-sectional study recruits participants that are willing to sign up outside of a major university and meet the inclusion and exclusion criteria to take part in the survey relating unsafe sex habits to STIs. A researcher is interested in the relationship between coffee drinking and lung cancer, and after careful multivariate linear regression modeling determines that a significant percentage of the relationship is due to another variable, cigarette smoking. An observational study recruits participants for a study looking at Alzheimer’s disease due to exposure to industrial hazards by asking participants to recall their exposure over the past 10 years. data-entry specialist responsible for adding in fasting glucose levels to a database accidentally skipped an observation during the input phase of data cleaning.arrow_forwardA researcher notes that, in a certain region, a disproportionate number of software millionaires were born around the year 1955. Is this a coincidence, or does birth year matter when gauging whether a software founder will besuccessful? The researcher investigated this question by analyzing the data shown in the accompanying table. Complete parts a through c below. a. Find the coefficient of determination for the simple linear regression model relating number (y) of software millionaire birthdays in a decade to total number (x) of births in the region. Interpret the result. The coefficient of determination is 1.___? (Round to three decimal places as needed.) This value indicates that 2.____ of the sample variation in the number of software millionaire birthdays is explained by the linear relationship with the total number of births in the region. (Round to one decimal place as needed.) b. Find the coefficient of determination for the simple linear regression model…arrow_forward
- Life insurance companies are keenly interested in predicting how long their customers are likely to live, because this will determine their premiums and ultimately their profitability. An Australian life insurance company is interested in the relationship, if any, between the age at death of their male customers and that of the customer’s father. Data are collected on a random sample of 100 of their male customers who have recently died. The customer’s age at death was plotted against that of their father and a linear regression model applied. Relevant output is shown below. Say how you know from the output that there actually is a significant linear relationship between a male customer’s age at death and his father’s age at death. State the value of the coefficient of Father’s Age (Death) and interpret this value in the context of the problem at hand.State the value of the coefficient of determination in the model and interpret this value in the context of the situation.arrow_forwardLife insurance companies are keenly interested in predicting how long their customers are likely to live, because this will determine their premiums and ultimately their profitability. An Australian life insurance company is interested in the relationship, if any, between the age at death of their male customers and that of the customer’s father. Data are collected on a random sample of 100 of their male customers who have recently died. The customer’s age at death was plotted against that of their father and a linear regression model applied. Relevant output is shown below Examine both the scatterplot and the correlation matrix provided above. Comment on the apparent relationship between the customer’s age at death and their father’s age at death in the plot. Explain how the information in the correlation matrix supports your conclusionarrow_forwardA psychological study aimed at predicting Al Ain secondary school students’ mental health scores via their scores in the life satisfaction scale. The researcher examines the following null hypothesis: there is no significant relationship between Al Ain secondary school students’ mental health and their life satisfaction scores at 0.05 level of significance. Use the following data to establish the required regression equation. Student # Mental health score out of 50 Life- satisfaction score out of 100 1 40 80 2 41 87 3 34 90 4 30 78 5 44 89 6 42 85 7 45 88 8 32 77 9 47 90 10 22 57 11 30 78 12 28 77 13 35 76 14 40 84 15 31 76 16 39 80 17 41 84 18 24 60 19 22 50 20 37 75 21 40 80 22 38 78 23 29 60 24 24 55 25 24 62 26 29 61 27 32 65 28 34 66 29 28 67…arrow_forward
- The issue of multicollinearity impacted the 'vadity and trustworthiness' of a regression model. demonstrate how this issue can be a problem by using an appropriate hypothetical and mathematical example.arrow_forwardA study of emergency service facilities investigated the relationship between the number of facilities and the average distance traveled to provide the emergency service. The following table gives the data collected. Number ofFacilities AverageDistance(miles) 9 1.66 11 1.13 16 0.83 21 0.61 27 0.51 30 0.46 2. .Does a simple linear regression model appear to be appropriate? Explain. a.No, the scatter diagram suggests that there is no relationship. b.No, the scatter diagram suggests that there is a curvilinear relationship. c.Yes, the scatter diagram suggests that there is a linear relationship. 3.Develop an estimated regression equation for the data corresponding to a second-order model with one predictor variable. (Round your numerical values to four decimal places.)arrow_forwardThe height (in feet) and trunk circumference (in inches) at breast height (4.5 feet above the ground)was measured for a random sample of Eucalyptus trees. The data are summarized below.Trunk Circumference 21.1 20.8 22.5 19.4 23.6 19.8 21.6 19.9Tree Height 34.2 32.7 35.0 31.9 36.5 31.2 33.8 31.4(a) Determine the linear regression model that will best predict the height of a Eucalyptus treebased on its trunk circumference at breast height.arrow_forward
- Multiple regression is sometimes used in litigation. In the case of Cargill, Inc. v. Hardin (1971), the prosecution charged that the cash price of wheat was manipulated in violation of the Commodity Exchange Act. In a statistical study conducted for this case, a multiple regression model was constructed to predict the cash price of wheat using three supply-and-demand explanatory variables: economic growth, population growth, and meat consumption. Data for 24 years were used to construct the regression equation, and a prediction for the suspect period was computed from this equation. Which of the independent variables is the most significant predictor of the cash price of wheat? a. Intercept b. Economic Growth c. Population Growth d. Meat Consumptionarrow_forwardMultiple regression is sometimes used in litigation. In the case of Cargill, Inc. v. Hardin (1971), the prosecution charged that the cash price of wheat was manipulated in violation of the Commodity Exchange Act. In a statistical study conducted for this case, a multiple regression model was constructed to predict the cash price of wheat using three supply-and-demand explanatory variables: economic growth, population growth, and meat consumption. Data for 24 years were used to construct the regression equation, and a prediction for the suspect period was computed from this equation Based on a significance level of 5%, which of the following independent variables significantly predict the cash price of wheat? a. Economic Growth b. Population Growth c. Meat Consumption d. All the independent variables significantly predict the cash price of wheat.arrow_forwardMultiple regression is sometimes used in litigation. In the case of Cargill, Inc. v. Hardin (1971), the prosecution charged that the cash price of wheat was manipulated in violation of the Commodity Exchange Act. In a statistical study conducted for this case, a multiple regression model was constructed to predict the cash price of wheat using three supply-and-demand explanatory variables: economic growth, population growth, and meat consumption. Data for 24 years were used to construct the regression equation, and a prediction for the suspect period was computed from this equation. The actual cash price of wheat under investigation in 1963 was $2.13. Based on the comparison of the correct predicted cash price calculated in the previous question and the actual cash price, what does the evidence suggest about Cargill, Inc.? a. Because the predicted price is relatively close to the actual price (within one cent), Cargill, Inc. probably did not artificially manipulate the price of wheat.…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- College AlgebraAlgebraISBN:9781305115545Author:James Stewart, Lothar Redlin, Saleem WatsonPublisher:Cengage LearningGlencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillBig Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt
College Algebra
Algebra
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
Correlation Vs Regression: Difference Between them with definition & Comparison Chart; Author: Key Differences;https://www.youtube.com/watch?v=Ou2QGSJVd0U;License: Standard YouTube License, CC-BY
Correlation and Regression: Concepts with Illustrative examples; Author: LEARN & APPLY : Lean and Six Sigma;https://www.youtube.com/watch?v=xTpHD5WLuoA;License: Standard YouTube License, CC-BY