ELEMENTARY STATISTICS(LL)(FD)
3rd Edition
ISBN: 9781260707458
Author: Navidi
Publisher: MCGRAW-HILL CUSTOM PUBLISHING
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Question
Chapter 4, Problem 11CS
To determine
To find:The unemployment for the next year.
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No need to answer everything! Just plot the actual visitors and the forecasts. Compare the accuracy of the forecasts in the 1985 to 1990 period with those subsequent to that period.
Suppose that you are a researcher and wish to construct a linear mathematical (statistical) model that relates the number of years and the corresponding exports (million U.S.$) of a country. The constructed model may use to forecasts the future values. You have obtained the relevant data for the during of 1990 to 1995 and you have listed the data in Table 5.
Table 5. Shows the list of the amount that have earned on exports
Year No.
1
2
3
4
5
6
Exports
4954
6131
6904
6813
6803
8137
(a) Construct a suitable graph that explains the relationship between the number of years and the corresponding exports.
(b) Construct a mathematical (Statistical) model by using least square method between number of years and the corresponding sales.
(c) Interpret the slope of the estimated linear model
(d) Forecast the value of exports by using the estimated linear model for the year of 2000
The accompanying table gives the stock market indices for a certain company on the stock market. Use simple linear regression to forecast the data. What would be
the forecasts for the next three days?
Click the icon to view the stock market indices for the company on the stock market.
Select the graph that shows the correct trendline forecast for the given data.
O Click here to view the graph d.
O
Click here to view the graph b.
•
Click here to view the graph a.
O
Click here to view the graph c
What would be the forecast for the next three days?
(Round to two decimal places as needed.)
Index
Date
10/2/2010
10/3/2010
10/4/2010
B
F
G
A
H
Date
Index
9/3/2010
10448.19
9/7/2010
10340.44
9/8/2010 10386.08
9/9/2010 10414.94
9/10/2010 10461.14
9/13/2010 10545.98
9/14/2010 10527.68
9/15/2010 10574.14
0 9/16/2010
10596.74
1 9/17/2010
10606.46
2 9/20/2010 10752.05
3 9/21/2010 10759.95
4 9/22/2010 10738.52
5 9/23/2010 10661.03
16 9/24/2010 10859.59
17 9/27/2010 10810.12
18 9/28/2010 10856.59
19…
Chapter 4 Solutions
ELEMENTARY STATISTICS(LL)(FD)
Ch. 4.1 - In Exercises 9-12, fill in each blank with the...Ch. 4.1 - In Exercises 9-12, fill in each blank with the...Ch. 4.1 - In Exercises 9-12, fill in each blank with the...Ch. 4.1 - In Exercises 9-12, fill in each blank with the...Ch. 4.1 - Prob. 13ECh. 4.1 - Prob. 14ECh. 4.1 - In Exercises 13-16, determine whether the...Ch. 4.1 - In Exercises 13-16, determine whether the...Ch. 4.1 - In Exercises 17-20, compute the correlation...Ch. 4.1 - In Exercises 17-20, compute the correlation...
Ch. 4.1 - In Exercises 17-20, compute the correlation...Ch. 4.1 - In Exercises 17-20, compute the correlation...Ch. 4.1 - In Exercises 21-24, determine whether the...Ch. 4.1 - In Exercises 21-24, determine whether the...Ch. 4.1 - In Exercises 21-24, determine whether the...Ch. 4.1 - In Exercises 21-24, determine whether the...Ch. 4.1 - In Exercises 25-30, determine whether the...Ch. 4.1 - In Exercises 25-30, determine whether the...Ch. 4.1 - In Exercises 25-30, determine whether the...Ch. 4.1 - In Exercises 25-30, determine whether the...Ch. 4.1 - In Exercises 25-30, determine whether the...Ch. 4.1 - In Exercises 25-30, determine whether the...Ch. 4.1 - Price of eggs and milk: The following table...Ch. 4.1 - Government funding: The following table presents...Ch. 4.1 - Pass the ball: The following table lists the...Ch. 4.1 - Carbon footprint: Carbon dioxide (CO2) is produced...Ch. 4.1 - Foot temperatures: Foot ulcers are a common...Ch. 4.1 - Mortgage payments: The following table presents...Ch. 4.1 - Blood pressure: A blood pressure measurement...Ch. 4.1 - Prob. 38ECh. 4.1 - Police and crime: In a survey of cities in the...Ch. 4.1 - Age and education: A survey of U.S. adults showed...Ch. 4.1 - Whats the correlation? In a sample of adults, the...Ch. 4.1 - Prob. 42ECh. 4.1 - Changing means and standard deviations: A small...Ch. 4.2 - In Exercises 5-7, fill in each blank with the...Ch. 4.2 - In Exercises 5-7, fill in each blank with the...Ch. 4.2 - In Exercises 5-7, fill in each blank with the...Ch. 4.2 - Prob. 8ECh. 4.2 - Prob. 9ECh. 4.2 - Prob. 10ECh. 4.2 - Prob. 11ECh. 4.2 - Prob. 12ECh. 4.2 - In Exercises 13-16, compute the least-squares...Ch. 4.2 - In Exercises 13-16, compute the least-squares...Ch. 4.2 - In Exercises 13-16, compute the least-squares...Ch. 4.2 - In Exercises 13-16, compute the least-squares...Ch. 4.2 - Compute the least-squares regression he for...Ch. 4.2 - Compute the least-squares regression he for...Ch. 4.2 - In a hypothetical study of the relationship...Ch. 4.2 - Assume in a study of educational level in years...Ch. 4.2 - Price of eggs and milk: The following table...Ch. 4.2 - Government funding: The following table presents...Ch. 4.2 - Pass the ball: The following table lists the...Ch. 4.2 - Carbon footprint: Carbon dioxide (CO2) is produced...Ch. 4.2 - Foot temperatures: Foot ulcers are a common...Ch. 4.2 - Mortgage payments: The following table presents...Ch. 4.2 - Blood pressure: A blood pressure measurement...Ch. 4.2 - Butterfly wings: Do larger butterflies live...Ch. 4.2 - Interpreting technology: The following display...Ch. 4.2 - Interpreting technology: The following display...Ch. 4.2 - Interpreting technology: The following MINITAB...Ch. 4.2 - Interpreting technology: The following MINITAB...Ch. 4.2 - Prob. 33ECh. 4.2 - Prob. 34ECh. 4.2 - Least-squares regression line for z-scores: The...Ch. 4.3 - In Exercises 5-10, fill in each blank with the...Ch. 4.3 - In Exercises 5-10, fill in each blank with the...Ch. 4.3 - In Exercises 5-10, fill in each blank with the...Ch. 4.3 - In Exercises 5-10, fill in each blank with the...Ch. 4.3 - In Exercises 5-10, fill in each blank with the...Ch. 4.3 - Prob. 10ECh. 4.3 - Prob. 11ECh. 4.3 - In Exercises 11-14, determine whether the...Ch. 4.3 - Prob. 13ECh. 4.3 - In Exercises 11-14, determine whether the...Ch. 4.3 - For the following data set: Compute the...Ch. 4.3 - For the following data set: Compute the...Ch. 4.3 - For the following data set: Compute the...Ch. 4.3 - For the following data set: Compute the...Ch. 4.3 - Prob. 19ECh. 4.3 - Prob. 20ECh. 4.3 - Prob. 21ECh. 4.3 - Prob. 22ECh. 4.3 - Hot enough for you? The following table presents...Ch. 4.3 - Presidents and first ladies: The presents the ages...Ch. 4.3 - Mutant genes: In a study to determine whether the...Ch. 4.3 - Imports and exports: The following table presents...Ch. 4.3 - Energy consumption: The following table presents...Ch. 4.3 - Cost of health care: The following table presents...Ch. 4.3 - Prob. 29ECh. 4.3 - Prob. 30ECh. 4.3 - Prob. 31ECh. 4.3 - Transforming a variable: The following table...Ch. 4.3 - Prob. 33ECh. 4.3 - Prob. 34ECh. 4 - Compute the correlation coefficient for the...Ch. 4 - The number of theaters showing the movie Monsters...Ch. 4 - Use the data in Exercise 2 to compute the...Ch. 4 - A scatterplot has a correlation of r=1. Describe...Ch. 4 - Prob. 5CQCh. 4 - Prob. 6CQCh. 4 - Use the least-squares regression line computed in...Ch. 4 - Use the least-squares regression line computed in...Ch. 4 - Prob. 9CQCh. 4 - A scatterplot has a least-squares regression line...Ch. 4 - Prob. 11CQCh. 4 - Prob. 12CQCh. 4 - A sample of students was studied to determine the...Ch. 4 - In a scatter-plot; the point (-2, 7) is...Ch. 4 - The correlation coefficient for a data set is...Ch. 4 - Prob. 1RECh. 4 - Prob. 2RECh. 4 - Hows your mileage? Weight (in tons) and fuel...Ch. 4 - Prob. 4RECh. 4 - Energy efficiency: A sample of 10 households was...Ch. 4 - Energy efficiency: Using the data in Exercise 5:...Ch. 4 - Prob. 7RECh. 4 - Prob. 8RECh. 4 - Prob. 9RECh. 4 - Prob. 10RECh. 4 - Baby weights: The average gestational age (time...Ch. 4 - Commute times: Every morning, Tania leaves for...Ch. 4 - Prob. 13RECh. 4 - Prob. 14RECh. 4 - Prob. 15RECh. 4 - Describe an example which two variables are...Ch. 4 - Two variables x and y have a positive association...Ch. 4 - Prob. 3WAICh. 4 - Prob. 4WAICh. 4 - Prob. 5WAICh. 4 - Prob. 6WAICh. 4 - Prob. 7WAICh. 4 - Prob. 8WAICh. 4 - Prob. 9WAICh. 4 - The following table, reproduced from the chapter...Ch. 4 - Prob. 2CSCh. 4 - Prob. 3CSCh. 4 - Prob. 4CSCh. 4 - Prob. 5CSCh. 4 - Prob. 6CSCh. 4 - Prob. 7CSCh. 4 - Prob. 8CSCh. 4 - Prob. 9CSCh. 4 - Prob. 10CSCh. 4 - Prob. 11CSCh. 4 - Prob. 12CSCh. 4 - Prob. 13CSCh. 4 - If we are going to use data from this year to...Ch. 4 - Prob. 15CS
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