Statistics 712, Spring 1999
Final Exam Solutions Outline
This exam was intended to get you to review all of the material we have covered in the
course and apply it within the context of one common problem. In that sense, its a bit of a case
study that pul
Statistics 712
Spring, 1999
Assignment 1
1
Solutions for Assignment #1
(1) This example uses the intervals [$3392, $3644] and [$3491, $3749] for the
convenience store sales. I used 100 observations for each simulated column.
Here is a table with my result
Statistics 712
Spring, 1999
Assignment 2
1
Solutions for Assignment #2
(1) Here are the first three sources.
i) BIPM (intl standards group, Paris)
[6.671, 6.693]
ii) Univ. of Colorado
[6.677, 6.696]
iii) Univ. of Zurich
[6.673, 6.677]
This was intended to
Statistics 712
Spring, 1999
Assignment 3
1
Assignment #3
( 1 ) The trick to this question is to remember how to figure out the number of
possibilities. With a bank of 12,000 possible compounds, the company can
combine three (different) ones of these in an
Statistics 712
Spring, 1999
Assignment 4
1
Solution for Assignment #4
( 1 ) The intent of this problem was to create a situation in which the Bonferroni
rule is correct to apply. We had spent so much time criticizing the use of
Bonferroni in stepwise regr
Statistics 712
Spring, 1999
Assignment 5
1
Solutions
For this assignment, you will be forecasting the cellular telephone data series. The data cover
the cellular market through the end of 1995. You have the task of forecasting the number of
cellular subsc
Statistics 712
Spring, 1999
Solutions
Assignment 7
1
This assignment concerns investing in two assets: the US S&P 500 and the Japanese Nikkei index. The data file
IntlInvest.jmp (on the class web page) has the monthly values for these two indices from Jan
Statistics 712
Spring, 1999
Solutions
( 1 ) Two managers gave their intervals (in $1000US) as
Bob
1500 to 3500
Harry
Assignment 8
1
2000 to 5000
(a) To pool the two subjective intervals, use two independent Cauchy sources with center (times 1000) 2.5
and
Statistics 712, Spring 1999
Take-Home Final Exam
Your solutions to this exam are due back in my office by 1 0:30 am on Monday, May
3, 1999. This is the time at which the normally scheduled in-class exam for this class would
conclude. Unlike your homework
Statistics 712, Spring 1999
Final Exam Solutions Outline
This exam was intended to get you to review all of the material we have covered in the
course and apply it within the context of one common problem. In that sense, its a bit of a case
study that pul