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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

differentiate between demand and supply giving examples
Lambiv Reply
differentiated between demand and supply using examples
Lambiv
what is labour ?
Lambiv
how will I do?
Venny Reply
how is the graph works?I don't fully understand
Rezat Reply
information
Eliyee
devaluation
Eliyee
t
WARKISA
hi guys good evening to all
Lambiv
multiple choice question
Aster Reply
appreciation
Eliyee
explain perfect market
Lindiwe Reply
In economics, a perfect market refers to a theoretical construct where all participants have perfect information, goods are homogenous, there are no barriers to entry or exit, and prices are determined solely by supply and demand. It's an idealized model used for analysis,
Ezea
What is ceteris paribus?
Shukri Reply
other things being equal
AI-Robot
When MP₁ becomes negative, TP start to decline. Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of lab
Kelo
Extuples Suppose that the short-run production function of certain cut-flower firm is given by: Q=4KL-0.6K2 - 0.112 • Where is quantity of cut flower produced, I is labour input and K is fixed capital input (K-5). Determine the average product of labour (APL) and marginal product of labour (MPL)
Kelo
yes,thank you
Shukri
Can I ask you other question?
Shukri
what is monopoly mean?
Habtamu Reply
What is different between quantity demand and demand?
Shukri Reply
Quantity demanded refers to the specific amount of a good or service that consumers are willing and able to purchase at a give price and within a specific time period. Demand, on the other hand, is a broader concept that encompasses the entire relationship between price and quantity demanded
Ezea
ok
Shukri
how do you save a country economic situation when it's falling apart
Lilia Reply
what is the difference between economic growth and development
Fiker Reply
Economic growth as an increase in the production and consumption of goods and services within an economy.but Economic development as a broader concept that encompasses not only economic growth but also social & human well being.
Shukri
production function means
Jabir
What do you think is more important to focus on when considering inequality ?
Abdisa Reply
any question about economics?
Awais Reply
sir...I just want to ask one question... Define the term contract curve? if you are free please help me to find this answer 🙏
Asui
it is a curve that we get after connecting the pareto optimal combinations of two consumers after their mutually beneficial trade offs
Awais
thank you so much 👍 sir
Asui
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities, where neither p
Cornelius
In economics, the contract curve refers to the set of points in an Edgeworth box diagram where both parties involved in a trade cannot be made better off without making one of them worse off. It represents the Pareto efficient allocations of goods between two individuals or entities,
Cornelius
Suppose a consumer consuming two commodities X and Y has The following utility function u=X0.4 Y0.6. If the price of the X and Y are 2 and 3 respectively and income Constraint is birr 50. A,Calculate quantities of x and y which maximize utility. B,Calculate value of Lagrange multiplier. C,Calculate quantities of X and Y consumed with a given price. D,alculate optimum level of output .
Feyisa Reply
Answer
Feyisa
c
Jabir
the market for lemon has 10 potential consumers, each having an individual demand curve p=101-10Qi, where p is price in dollar's per cup and Qi is the number of cups demanded per week by the i th consumer.Find the market demand curve using algebra. Draw an individual demand curve and the market dema
Gsbwnw Reply
suppose the production function is given by ( L, K)=L¼K¾.assuming capital is fixed find APL and MPL. consider the following short run production function:Q=6L²-0.4L³ a) find the value of L that maximizes output b)find the value of L that maximizes marginal product
Abdureman
types of unemployment
Yomi Reply
What is the difference between perfect competition and monopolistic competition?
Mohammed
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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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