Elementary Statistics
Elementary Statistics
12th Edition
ISBN: 9780321837936
Author: Mario F. Triola
Publisher: PEARSON
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Chapter 14.2, Problem 10BSC
To determine

To construct: The R chart by treating the 10 measurements from each decade as a sample.

To describe: A suggestion using the obtained results.

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2.62 For the period 2001–2008, the Bristol-Myers Squibb Company, Inc. reported the following amounts (in billions of dollars) for (1) net sales and (2) advertising and product promotion. The data are also in the file XR02062.   Source: Bristol-Myers Squibb Company, Annual Reports, 2005, 2008.   Year         Net Sales           Advertising/Promotion 2001       $16.612                     $1.201 2002       16.208                     1.143 2003       18.653                     1.416 2004       19.380                     1.411 2005       19.207                     1.476 2006       16.208                     1.304 2007       18.193                     1.415 2008        20.597                    1.550   For these data, construct a line graph that shows both net sales and expenditures for advertising/product promotion over time. Some would suggest that increases in advertising should be accompanied by increases in sales. Does your line graph support this?
Using the data in Table 6–11, calculate a 3-month moving average forecast for month 12.
The body mass index (BMI) of a person is the person’s weight divided by the square of his or her height. It is an indirect measure of the person’s body fat and an indicator of obesity. Results from surveys conducted by the Centers for Disease Control and Prevention (CDC) showed that the estimated mean BMI for US adults increased from 25.0 in the 1960–1962 period to 28.1 in the 1999–2002 period. [Source: Ogden, C., et al. (2004). Mean body weight, height, and body mass index, United States 1960–2002.    Suppose you are a health researcher. You conduct a hypothesis test to determine whether the mean BMI of US adults in the current year is greater than the mean BMI of US adults in 2000. Assume that the mean BMI of US adults in 2000 was 28.1 (the population mean). You obtain a sample of BMI measurements of 1,034 US adults, which yields a sample mean of M = 28.9. Let μ denote the mean BMI of US adults in the current year. Please Formulate the null and alternative hypotheses
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