Problem 1.1 (page 9)
a) Each beverage can be categorized as belonging to one of the following groups: soft drinks, tea, coffee, or bottled
b) Each data point (beverage) is classified into a distinct category in which no ranking is implied (multiple bevera
Known Probabilities
10.00%
25.00%
25.00%
20.00%
Using Raw Data
2 rows x 2 columns
Solution:
Check:
Solution (percentages):
P(A)
P ( NOT A )
P(B)
P ( NOT B )
P ( A OR B )
P ( A OR NOT B )
P ( A AND B )
P ( A AND NOT B )
P ( NOT A OR B )
P ( NOT A OR NOT B
Continuous Random Variables
Sampling Distributions
Single Population Estimation
Confidence Intervals
dom Variables
Uniform Distribution
Mean and Variance of a linear combination of continuous random variables
Standard Normal Distribution
Normal Distributi
Microsoft Excel 15.0 Sensitivity Report
Worksheet: [Taylor chapter 3 problems-solver.xlsx]Sheet1
Report Created: 4/20/2015 9:21:29 PM
Variable Cells
Cell
Name
$B$25 Mine One= One
$B$26 Mine Two= One
Final Reduced Objective Allowable Allowable
Value
Cost
C
A. Y^= 1X + 2X + 0
Y^ = -39.9863Xi + -74.4304X + 7890.1016
B. B1 is the slope of the mean attendance at concerts with the cost of tickets holding review scores
constant. 2 is the slope of the mean attendance at concerts with review scores holding the cost
Hypotheses
H0
HA
Please note: this is a 2-sided test.
Population Variance
known
Statistics
250
4.75
20
9.9940772
200
0.05
(sample
mean)
X-bar (sample
mean)
s
n
Analyses
z_0.05 / 2
LH
value
LHcritical
critical value
(X-bar (c, LH) )
(
_
(
,
)
RH
value
RHc