STATISTICAL TECH IN BUSN CONNECT <LCPO>
18th Edition
ISBN: 9781266505942
Author: Lind
Publisher: MCG
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Chapter 17, Problem 14E
To determine
Develop and interpret the index using 2010 as the base.
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A taosschools.instructure.com
uiz: QZ: 11/8/2021 - Progress Check
Use the data from the table below for the population of Detroit to answer the following
According to official data of www.census.org 2 population of Detroit, MI, is decreasing. Use the data
from the table below for the population of Detroit to answer the following questions.
Year Population of Detroit, in thousand people
1950
1,850
1960
1,670
1970
1,514
1980
1,203
1990
1,028
Find the predicted value for the population of Detroit in the year 2000 using the regression line. If the
known population of Detroit in the year 2000 is about 951 thousand of people, what can you say about
your predicted value? Why is it risky to use the least squares line to make the prediction for the next
year?
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Chapter 17 Solutions
STATISTICAL TECH IN BUSN CONNECT <LCPO>
Ch. 17 - Prob. 1.1SRCh. 17 - Prob. 1.2SRCh. 17 - Prob. 1ECh. 17 - Prob. 2ECh. 17 - Prob. 3ECh. 17 - Prob. 4ECh. 17 - Prob. 2SRCh. 17 - Prob. 5ECh. 17 - Prob. 6ECh. 17 - Prob. 7E
Ch. 17 - Prob. 8ECh. 17 - Prob. 3SRCh. 17 - Prob. 9ECh. 17 - Prob. 10ECh. 17 - Prob. 4SRCh. 17 - Prob. 11ECh. 17 - Prob. 5SRCh. 17 - Prob. 6SRCh. 17 - Prob. 7SRCh. 17 - Prob. 13ECh. 17 - Prob. 14ECh. 17 - Prob. 15ECh. 17 - Prob. 16ECh. 17 - Prob. 17CECh. 17 - Prob. 18CECh. 17 - Prob. 19CECh. 17 - Prob. 20CECh. 17 - Prob. 21CECh. 17 - Prob. 22CECh. 17 - Prob. 23CECh. 17 - Prob. 24CECh. 17 - Prob. 25CECh. 17 - Prob. 26CECh. 17 - Prob. 27CECh. 17 - Prob. 28CECh. 17 - Prob. 29CECh. 17 - Prob. 30CECh. 17 - Prob. 31CECh. 17 - Prob. 32CECh. 17 - Prob. 33CECh. 17 - Prob. 34CECh. 17 - Prob. 35CECh. 17 - Prob. 36CECh. 17 - Prob. 37CECh. 17 - Prob. 38CECh. 17 - Prob. 39CECh. 17 - Prob. 40CECh. 17 - Prob. 41CECh. 17 - Prob. 42CECh. 17 - Prob. 43CECh. 17 - Prob. 44CECh. 17 - Prob. 45CECh. 17 - Prob. 46CECh. 17 - Prob. 47CECh. 17 - Prob. 48CECh. 17 - Prob. 49CECh. 17 - Prob. 50CECh. 17 - Prob. 51CECh. 17 - Prob. 52CECh. 17 - Prob. 53CECh. 17 - Prob. 54CECh. 17 - Prob. 55CE
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Similar questions
- Describe how you have used two topics from this chapter in your life outside of your math class during the past month.arrow_forwardThis chart displays the average rate of people living in poverty in the 23 continental states west of the Mississippi River for the years 2014 – 2016. Create a stemplot for these data. Note that a stemplot never shows the decimal symbol and only the rightmost digit is used for the leaf. (https://www.census.gov/data/tables/2017/demo/income-poverty/p60-259.html) Average rate of people living in poverty in the 23 continental states west of the Mississippi River for the years 2014 – 2016 State Rate of Poverty (%) Minnesota 8.3 Utah 9.4 Iowa 10.1 Wyoming 10.1 Colorado 10.2 North Dakota 10.5 Nebraska 10.6 Missouri 11.1 Washington 11.5 Idaho 11.9 Montana 11.9 Kansas 12.5 Oregon 12.7 Nevada 13.4 South Dakota 13.7 California 14.5 Texas 15.0 Oklahoma 15.4 Arkansas 16.8 Arizona 18.2 New Mexico 19.1 Louisiana 20.6 Mississippi 20.8arrow_forwardUse the following price information for selected items for 2010 and 2018. Production figures for those two periods are also given.arrow_forward
- Johnson Filtration, Inc. provides maintenance service for water-filtration systems. Suppose that in addition to information on the number of months since the machine was serviced and whether a mechanical or an electrical repair was necessary, the managers obtained a list showing which repairperson performed the service. The revised data follow. Click on the datafile logo to reference the data. DATA file Repair Time Months Since in Hours Last Service Type of Repair Repairperson 2.9 Electrical Dave Newton 3.0 Mechanical Dave Newton 4.8 8. Electrical Bob Jones 1.8 Mechanical Dave Newton 2.9 Electrical Dave Newton 4.9 Electrical Bob Jones 4.2 6. Mechanical Bob Jones 4.8 8. Mechanical Bob Jones 4.4 4. Electrical Bob Jones 4.5 Electrical Dave Newton a. Ignore for now the months since the last maintenance service (1 ) and the repairperson who performed the service. Develop the estimated simpe linear regression equation to predict the repair time (y) given the type of repair (2 ). Recall that…arrow_forwarda) The cost of an 'average' television has fallen over recent years. 2017 2018 2019 2020 £950 £820 £740 £630 Convert the costs into an index using 2017 as the base year.arrow_forward
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