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130. Out of the years with water rationing, find the probability that there is a drought.

Use the following information to answer the next three exercises:

Apple Pumpkin Pecan
Female 40 10 30
Male 20 30 10

131. Suppose that one individual is randomly chosen. Find the probability that the person’s favorite pie is apple or the person is male.

132. Suppose that one male is randomly chosen. Find the probability his favorite pie is pecan.

133. Conduct a hypothesis test to determine if favorite pie type and gender are independent.

Use the following information to answer the next two exercises: Let’s say that the probability that an adult watches the news at least once per week is 0.60.

134. We randomly survey 14 people. On average, how many people do we expect to watch the news at least once per week?

135. We randomly survey 14 people. Of interest is the number that watch the news at least once per week. State the distribution of X . X ~ _____

136. The following histogram is most likely to be a result of sampling from which distribution?

This graph is an unlabeled histogram. The distribution is roughly symmetric. There is a single peak in the center of the graph and heights of bars decrease from that point toward each end of the graph.
  1. Chi-Square
  2. Geometric
  3. Uniform
  4. Binomial

137. The ages of De Anza evening students is known to be normally distributed with a population mean of 40 and a population standard deviation of six. A sample of six De Anza evening students reported their ages (in years) as: 28; 35; 47; 45; 30; 50. Find the probability that the mean of six ages of randomly chosen students is less than 35 years. Hint: Find the sample mean.

138. A math exam was given to all the fifth grade children attending Country School. Two random samples of scores were taken. The null hypothesis is that the mean math scores for boys and girls in fifth grade are the same. Conduct a hypothesis test.

n x ¯ s 2
Boys 55 82 29
Girls 60 86 46

139. In a survey of 80 males, 55 had played an organized sport growing up. Of the 70 females surveyed, 25 had played an organized sport growing up. We are interested in whether the proportion for males is higher than the proportion for females. Conduct a hypothesis test.

140. Which of the following is preferable when designing a hypothesis test?

  1. Maximize α and minimize β
  2. Minimize α and maximize β
  3. Maximize α and β
  4. Minimize α and β

Use the following information to answer the next three exercises: 120 people were surveyed as to their favorite beverage (non-alcoholic). The results are below.

Beverage/Age 0–9 10–19 20–29 30+ Totals
Milk 14 10 6 0 30
Soda 3 8 26 15 52
Juice 7 12 12 7 38
Totals 24 330 44 22 120

141. Are the events of milk and 30+:

  1. independent events? Justify your answer.
  2. mutually exclusive events? Justify your answer.

142. Suppose that one person is randomly chosen. Find the probability that person is 10–19 given that he or she prefers juice.

143. Are “Preferred Beverage” and “Age” independent events? Conduct a hypothesis test.

144. Given the following histogram, which distribution is the data most likely to come from?

This graph is an unlabeled histogram. The heights of the bars do not vary much across the distribution.
  1. uniform
  2. exponential
  3. normal
  4. chi-square

Solutions

Chapter 3

1. c. parameter

2. a. population

3. b. statistic

4. d. sample

5. e. variable

6. quantitative continuous

7.

  1. 2.27
  2. 3.04
  3. –1, 4, 4

8. Answers will vary.

Chapter 4

9. c. (0.80)(0.30)

10. b. No, and they are not mutually exclusive either.

Questions & Answers

it is the relatively stable flow of income
Chidubem Reply
what is circular flow of income
Divine Reply
branches of macroeconomics
SHEDRACK Reply
what is Flexible exchang rate?
poudel Reply
is gdp a reliable measurement of wealth
Atega Reply
introduction to econometrics
Husseini Reply
Hi
mostafa
hi
LEMLEM
hello
Sammol
hi
Mahesh
bi
Ruqayat
hi
Ruqayat
Hi fellas
Nyawa
hey
Sammol
hi
God
hello
Jahara
Good morning
Jorge
hi
abubakar
hi
Nmesoma
hi
Mahesh
Hi
Tom
Why is unemployment rate never zero at full employment?
Priyanka Reply
bcoz of existence of frictional unemployment in our economy.
Umashankar
what is flexible exchang rate?
poudel
due to existence of the pple with disabilities
Abdulraufu
the demand of a good rises, causing the demand for another good to fall
Rushawn Reply
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost 6% more than previous year? Provide with reasoning.
Geetha Reply
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Waeth
discus major problems of macroeconomics
Alii Reply
what is the problem of macroeconomics
Yoal
Economic growth Stable prices and low unemployment
Ephraim
explain inflationcause and itis degre
Miresa Reply
what is inflation
Getu
increase in general price levels
WEETO
Good day How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200. Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
Chisomo Reply
how to calculate actual output?
Chisomo
how to calculate the equilibrium income
Beshir
Criteria for determining money supply
Thapase Reply
who we can define macroeconomics in one line
Muhammad
Aggregate demand
Mohammed
C=k100 +9y and i=k50.calculate the equilibrium level of output
Mercy Reply
Hi
Isiaka
Hi
Geli
hy
Man
👋
Bahunda
hy how are you?
Man
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Amisha
how are you guys
Sekou
f9 guys
Amisha
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Sekou
ys am also fine
Amisha
fine and you guys
Geli
from Nepal
Amisha
nawalparasi district from belatari
Amisha
nd u
Amisha
I am Camara from Guinea west Africa... happy to meet you guys here
Sekou
ma management ho
Amisha
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Amisha
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Amisha
belatari
Amisha
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Amisha
nd u
Amisha
ahh
Amisha
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Amisha
ys
Amisha
kina k vo
Amisha
money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9 no Mpc is greater than 1 Y=100+.9Y+50 Y-.9Y=150 0.1Y/0.1=150/0.1 Y=1500
Kalombe
Mercy is it clear?😋
Kalombe
hi can someone help me on this question If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output? discuss your answer using appropriate graph.
Galge Reply
if interest rate is increased this will will reduce the level of income shifting the curve to the left ◀️
Kalombe
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Source:  OpenStax, Introductory statistics. OpenStax CNX. May 06, 2016 Download for free at http://legacy.cnx.org/content/col11562/1.18
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