Exam 8: Regression, Associations, and Predictive Modeling

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What is the standard deviation of their profit?

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Would it be better for a customer buying a diamond to have a negative residual or a positive residual from this model? Explain.

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One of your classmates is reading through the program for Friday night''s football game. Among other things, the program lists the players'' positions and their weights. Your classmate comments, "There is a strong correlation between a player's position and their weight." a. Explain why your classmate's statement is in error. b. What other variable might be listed in the program that could be used to correctly identify a correlation with weight?

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Describe to the board of directors an advantage and a disadvantage of using a 5% alpha level of significance instead.

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Describe a disadvantage of using volunteers in this study.

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Write the transformed regression equation. Make sure to define any variables used in your equation.

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In a local school, vending machines offer a range of drinks from juices to sports drinks. The purchasing agent thinks each type of drink is equally favored among the students buying drinks from the machines. The recent purchasing choices from the vending machines are shown in the table. Drink Type/Flavor Lemon Lime Sports Drink Kiwi Strawberry Tropical Punch Grape Sports Drink Frequency 159 198 174 149 a. Test an appropriate hypothesis to decide if the purchasing agent is correct. Give statistical evidence to support your conclusion. b. Which type of drink impacted your decision the most? Explain what this means in the context of the problem.

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An 8th grade class develops a linear model that predicts the number of cheerios (a small round cereal) that fit on the circumference of a plate by using the diameter in inches. Their model is An 8th grade class develops a linear model that predicts the number of cheerios (a small round cereal) that fit on the circumference of a plate by using the diameter in inches. Their model is   = 0.56 + 5.11 (diameter ) -The slope of this model is best interpreted in context as… = 0.56 + 5.11 (diameter ) -The slope of this model is best interpreted in context as…

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Create and interpret a 90% confidence interval.

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What is the marginal distribution of milk consumption?

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Investigators at an agricultural research facility randomly assigned equal numbers of chickens to be housed in two rooms. In one room, the chickens experienced normal day/night cycles, while in the other room lights were left on 24 hours a day to see if those chickens would lay more eggs. After collecting data for several days the researchers tested the hypothesis H0:μ1μ2=0\mathrm { H } _ { 0 } : \mu _ { 1 } - \mu _ { 2 } = 0 against the one-tail alternative and found P=0.22P = 0.22 . Which is true?

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Food inspectors need to estimate the level of contaminants in food products packaged at a certain Factory. Initial tests were based on a small sample but now the inspectors double the sample size for A follow-up test. The main purpose of the larger sample is to…

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List the variables. Indicate whether each variable is categorical or quantitative. If the variable is quantitative, tell the units.

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Name the sampling strategy in each plan.

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Write the company's null and alternative hypotheses.

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Surprised by a high number of customers who purchased specialty pet clothing that day, the owner decided that her 4% estimate must have been too low. How many clothing sales would it have taken to convince you? Justify your answer.

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We collect these data from 50 male students. Which variable is categorical?

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Suppose that a Normal model describes the acidity (pH) of rainwater, and that water tested after Last week's storm had a z-score of 1.8. This means that the acidity of that rain …

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Explain the meaning of R2R ^ { 2 } in the context of this problem.

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Which of the following are NOT characteristics of a good regression model?

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