| 5. |
A portion of the Minitab computer output
follows.
The regression equation is Y = 14.4 – 8.69
X1 + 13.52 X2
| Predictor |
Coef |
Stdev |
t-ratio |
| Constant |
14.448 |
8.191 |
1.76 |
| X1 |
|
1.555 |
|
| X2 |
13.157 |
2.085 |
|
S = 3.773 R-sq = (1) % R-sq (adj) = (2) %
Analysis of Variance
| SOURCE |
DF |
SS |
MS |
F |
| Regression |
2 |
|
|
(3) |
| Error |
|
71.17 |
|
|
| Total |
7 |
720.0 |
|
|
| a. |
Calculate the missing entries (1)(2)(3)
in this output. (6%) |
| b. |
Use the t test and α = .05 to test H0:β2 = 0. (4%) |
|
| 6. |
A Bayesian approach can be used to revise probabilities that a prospect field will produce oil. In one case, geological assessment indicates a 25% chance that the field will produce oil. Further, there is an 80% chance that a particular well will strike oil given that oil is present in the prospect field.
| a. |
Suppose that one well is drilled on the field and it comes up dry. What is the probability that the prospect field will produce oil? (3%) |
| b. |
If two wells come up dry, what is the probability that the field will produce oil? (3%) |
| c. |
The oil company would like to keep looking as long as the chances of finding oil are greater than 1%. How many dry wells must be drilled before the field will be abandoned? (4%) |
|
| 7. |
Two faculty members ( X and Y ) ranked five candidates for scholarships. The rankings are shown below.
| Candidate |
Peter |
Nancy |
Michael |
Mary |
Judy |
| Rank By
X |
5 |
2 |
1 |
3 |
4 |
| Rank By
Y |
1 |
2 |
3 |
5 |
4 |
| a. |
Compute the Spearman rank-correlation (5%) |
| b. |
Test it for significance. Let α = 0.05. (5%) |
|
| 8. |
A survey firm conducts door-to-door surveys on a variety of issues. Some individuals cooperate with the interviewer and complete the interview questionnaire and others do not. The following data are available
| Respondents |
Sample Size |
Number Cooperating |
| Men |
200 |
110 |
| Women |
300 |
210 |
| a. |
Using α = 0.05, test the hypothesis that the response rate is the same for both men and woman. (5%) |
| b. |
Compute the 95% confidence interval for the difference between the proportions of men and woman who cooperate with the survey. (5%) |
|
| 9. |
A professor believes that the final examination scores in statistics are normally distributed. A sample of 40 final scores has been taken. You are given the sample below. The mean of the scores is 83.1, and the standard deviation is 10.43.
| 56 |
63 |
65 |
68 |
72 |
72 |
73 |
75 |
77 |
78 |
| 78 |
79 |
80 |
80 |
80 |
80 |
80 |
80 |
81 |
81 |
| 82 |
84 |
84 |
86 |
86 |
87 |
88 |
90 |
90 |
92 |
| 92 |
93 |
93 |
94 |
95 |
96 |
97 |
98 |
100 |
100 |
| a. |
Compute the test statistic for the goodness of fit test.(4%) |
| b. |
The hypothesis is to be tested at the 1% level. What is the critical value from the table for the test? (4%) |
| c. |
What do you conclude about the distribution of final examination scores? (4%) |
|