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Suppose 250 people out a survey asking how many dogs and cats they own. The results are given in the following table, where the entry in row i and column j is the number of respondents who have exactly i cats and j dogs (e.g. 86 people report having 0 cats and 1 dog)
For a person chosen randomly among survey participants, let random variable X be the number of dogs this person owns, and Y be the number of cats this person owns. By dividing the table entries by 250, we obtain a joint PMF for X and Y.
(a) Are X and Y independent?
(b) Find the conditional expected values E(X/Y=1) and E(Y/X=2).
Pepsi wanted to test to determine if the males preferred Pepsi more than the females. (a) PConduct the appropriate test and describe the results (ick your own alpha value)
Based on information obtained from a sample of 54, a 98% confidence interval for the average profit level of regional banks is given by 67.4 million to 87.78 million. Determine the sample standard deviation of profit
XYZ car rental company determined that the distance traveled per car per year is normally distributed with a standard deviation of 645 miles. If 12% of the cars travel more than 55,000 miles, what is the mean distance traveled per year?
With a mean of 300 and a standard deviation of 80, how high a score do you need to be in the top 30%?
The obvious caveat applies that such a (zero) correlation is ultimately an empirical question that depends on the data set. [1] Acemoglu, Daron, (1998) Why do New Technologies Complement Skills?
What is the probability that all 5 are basketball players? If the players are to be arranged in a line, how many arrangements are there if the basketball players are together?
Graph the least-squares line on your scatter diagram. Be sure to use the point (x, y) as one of the points on the line.
if a manager believes that the required sample size is too large for a situation in which she desires to estimate the
condeacute nast traveler magazine conducts an annual survey of its readers in order to rate the top 80 cruise ships in
A survey conducted by the American Automobile Association of 64 families of size four vacationing in Niagra Falls resulted in an average amount spent per day of $252.45. Assume the population standard deviation of amounts spent per day is estimate..
Assume a population standard deviation of 450-kilowatt hours. Determine the standard error of the mean.
Suppose you went to the Bureau of Labor Statistics web site and found several predictors of your salary. State three possible predictors and a simulated multilinear regression equation along with their p-values.
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