EMGT 571 STATISTICS I TAKE HOME FINAL EXAM Problems – Answer the following problems…BE SURE TO SHOW ALL WORK!!!. You can use excel‚ SPSS or word as the medium for generating solutions to the problems. I recommend you use excel and SPSS 1. The time at which the mailman delivers the mail follows a normal distribution with a mean of 2:00PM and a standard deviation of 15 minutes (20 pts) a) What is the probability that the mail will arrive before 1:50PM? b) What is the probability
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In recent years sports statistics have become more valued by professional teams‚ although this change has been a slow process. Hall of Fame baseball general manager Branch Rickey hired the first full time statistician in 1947‚ and made numerous statistical formulas to enhance his performance. Yet despite his decades of success‚ most sports owners did not value advancing statistical methods of evaluating players. For instance‚ noted statistician Bill James did his research as an outsider to baseball
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Descriptive statistics information Descriptive statistics organize‚ summarize‚ and communicate a group of numerical observations and describe large amounts of data in a single number or in just a few numbers Inferential statistics Use samples to draw conclusions about a population Inferential statistical use sample data to make general estimates about the larger population‚ and infer or make an intelligence guess about‚ the population Sample: a set of observations drawn from the population
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Outline and assess the usefulness of official statistics in measuring crime (50 marks) Crime is behaviour that breaks the law. Crime itself is deviant. Deviance refers to the behaviour that most people see as differing from acceptable social norms or standards of society – as abnormal or immoral. Official statistics is crime reported by the public and recorded by the police (or detected by the police themselves). Records are published every three months. The process involves the witness discovering
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there are approximately 126‚000 abortions conducted each day throughout the world. This website includes the abortion statistics of the world and breaks the data down to the demographics of the United States. It also discusses the decisions to have an abortion and the use of contraceptives in the United States. This was an informative website and included detailed statistics conducted by the Alan Guttmacher Institute. According to the website http://www.bls.gov/cps in 2000‚ gon average there
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08 ETHE AUSTRALIAN NATIONAL UNIVERSITY SCHOOL OF FINANCE AND APPLIED STATISTICS First Semester Examination 2010 QUANTITATIVE RESEARCH METHODS (STAT1008) Writing Period: 3 hours duration Study Period: 15 minutes duration Permitted Material: Non-programmable calculator‚ dictionary and 1 A4 page with notes on both sides Instructions to Candidates: • Attempt ALL questions. • Each question is of equal mark value. • Start your solution to each question on a new page. • To ensure full marks
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Problems on Regression and Correlation Prepared by: Dr. Elias Dabeet Q1. Dr. Green (a pediatrician) wanted to test if there is a correlation between the number of meals consumed by a child per day (X) and the child weight (Y). Included you will find a table containing the information on 5 of the children. Use the table to answer the following: Child Number of meals consumed per day (X) child weight (Y) X² Y² XY Ahmad 11 8 121 64 88 Ali 16 11 256 121 176 Osama 12 9 144
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Chapter 12 Simple Linear Regression Case Problem 1: Measuring Stock Market Risk a. Selected descriptive statistics follow: Variable N Mean StDev Minimum Median Maximum Microsoft 36 0.00503 0.04537 -0.08201 0.00400 0.08883 Exxon Mobil 36 0.01664 0.05534 -0.11646 0.01279 0.23217 Caterpillar 36 0.03010 0.06860 -0.10060 0.04080 0.21850 Johnson & Johnson 36 0.00530 0.03487 -0.05917 -0.00148 0.10334
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phenomena of crime what about rape‚ homicide etc. that would be adding more variables to the set so that you can measure all different types of crime and get the actual rate of crime. 2. Differentiate between descriptive statistics and inferential statistics. a. Descriptive statistics summarizes and describe the data on cases included in the study. You are only describing what’s going on with the data from the case at hand. For example‚ you interviewed 100 people about which fast food restaurant had
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SECTION A (You should attempt all 10 questions) A1. Regression analysis is ____________________________________. A) describes the strength of this linear relationship. B) describes the mathematical relationship between two variables. C) describes the pattern of the data. D) describes the characteristic of independent variable. A2. __________________ is used to illustrate any relationship between two variables. A) Histogram B) Pie chart C) Scatter diagram D) Frequency
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