5 pages
English

These problems all draw on data that come from the text ( or a previous edition)

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5 pages
English
Le téléchargement nécessite un accès à la bibliothèque YouScribe
Tout savoir sur nos offres

Description

These problems all draw on data that come from the text ( or a previous edition). If you are ready for the test you should recognize what to do. The advantage of this format is that you cannot see what to do by looking at previous pages of the text. See if you are ready. But if you are not, find the data in the text and study the material again. Hints are given in the yellow notes. 1) The data below are stress scores for random samples of people who work in three occupations. Use the data to test for a difference in the mean stress level among the occupations. α = .05. Real Estate Agent Architect Stockbroker 81 43 65 48 63 48 68 60 57 69 52 91 54 54 70 62 77 67 76 68 83 56 57 75 61 61 53 65 80 71 64 50 54 69 37 72 83 73 65 85 84 58 75 58 2) The data below give P/E ratios for random samples of corporations in three industries. Use the data to test for a difference in the mean ratios. α = .05. Company Industry P/E Citicorp 1 15 NationsBank 14 Wells Fargo 25 First Union 13 KeyCorChase Manhattan 1 12 Fifth Third Bancorp 1 23 Bank of New York 1 17 First Chicago 1 3 Mellon Bank 1 16 Fleet Financial Group 1 15 First Bank System 1 16 American Express 2 19 Travelers 2 15 Merrill Lynch 12 MBNA 24 Cincinnati Financial 19 Franklin Resources 22 Fannie Mae 2 17 American International 3 21 Group Allstate 14 Marsh & McLennan 3 20 American General 3 16 Cigna 3 12 Lincoln National 13 AFLAC 21 Equitable 11 ...

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Publié par
Nombre de lectures 11
Langue English

Extrait

These problems all draw on data that come from the text ( or a previous edition).
If you
are ready for the test you should recognize what to do.
The advantage of this format is
that you cannot see what to do by looking at previous pages of the text.
See if you are
ready.
But if you are not, find the data in the text and study the material again.
Hints are
given
in the yellow notes.
1)
The data below are stress scores for random samples of people who work in three
occupations.
Use the data to test for a difference in the mean stress level among the
occupations.
α = .05.
Real Estate Agent Architect Stockbroker
81
43
65
48
63
48
68
60
57
69
52
91
54
54
70
62
77
67
76
68
83
56
57
75
61
61
53
65
80
71
64
50
54
69
37
72
83
73
65
85
84
58
75
58
58
2)
The data below give P/E ratios for random samples of corporations in three industries.
Use the data to test for a difference in the mean ratios.
α = .05.
Company
Industry
P/E
Citicorp
1
15
NationsBank
1
14
Wells Fargo
1
25
First Union
1
13
KeyCorp
1
14
Chase Manhattan
1
12
Fifth Third Bancorp
1
23
Bank of New York
1
17
First Chicago
1
3
Mellon Bank
1
16
Fleet Financial Group
1
15
First Bank System
1
16
American Express
2
19
Travelers
2
15
Merrill Lynch
2
12
MBNA
2
24
Cincinnati Financial
2
19
Franklin Resources
2
22
Fannie Mae
2
17
American International
Group
3
21
Allstate
3
14
Marsh & McLennan
3
20
American General
3
16
Cigna
3
12
Lincoln National
3
13
AFLAC
3
21
Equitable
3
11
Chubb
3
20
General Re
3
15
2b)
Construct all pairwise differences in the industry means at the 95 % level of confidence, using the
simple LSD method.
2c)
Construct all pairwise differences in the industry means at the 94 % level of confidence, using the
Bonferroni method.
3)
Five automobiles were used to compare gasoline mileage for three gas types.
Miles per gallon for the
three gasoline types are given for each of the five automobiles.
Test the hypothesis appropriate to the data.
α
= .01.
Gasoline
I
II
III
Art’s car
18
21
20
Bob’s car
24
26
27
autos
Carl’s car
30
29
34
Dave’s
car
22
25
24
Ed’s car
20
23
24
4)
Use the data below to conduct a two factor AOV for the effect of position and experience
on salary.
Allow for interaction,
α = .05.
Observation Salary ($) Position Experience
1
28,938 Inside
Medium
2
27,694 Inside
Medium
3
45,515 Outside Low
4
27,031 Inside
Medium
5
37,283 Outside Low
6
32,718 Inside
Low
7
54,081 Outside High
8
23,621 Inside
Low
9
47,835 Outside High
10
29,768 Inside
Medium
11
27,282 Inside
Medium
12
30,632 Inside
Low
13
38,856 Outside Low
14
26,827 Inside
Medium
15
26,948 Inside
Low
16
31,588 Inside
Medium
17
43,858 Outside Low
18
38,478 Outside Low
19
58,846 Outside Medium
20
34,253 Inside
High
21
28,464 Inside
Low
22
58,176 Outside Medium
23
35,949 Inside
High
24
27,833 Inside
Low
25
47,914 Outside High
26
58,040 Outside Medium
5) a)
Use the table below to test all possible hypotheses.
b)
How does your answer change if the rows identify blocks?
ANOVA
Source of
Variation
SS
df
MS
F
P-value
F crit
Rows
2795.6
9 310.6222222 1.05510266 0.42506065 2.25013252
Columns
19805.2
3 6601.733333 22.4243659 1.7029E-07 2.96034841
Error
7948.8
27
294.4
Total
30549.6
39
6) a)
Use the data below
to test the hypothesis that no load mutual funds have the same return that load
funds do.
b) Construct a confidence interval for the difference in the mean returns.
Mutual Funds - Load
Return
Mutual Funds - No Load
Return
American National Growth
15.51
Amana Income Fund
13.24
Arch Small Cap Equity
14.57
Berger One Hundred
12.13
Bartlett Cap Basic
17.73
Columbia International Stock
12.17
Calvert World International
10.31
Dodge & Cox Balanced
16.06
Colonial Fund A
16.23
Evergreen Fund
17.61
Common Sense Growth
16.04
Fidelity Fund
20.61
Corefund Core Equity
18.77
Forthis Advtg Cap App
13.38
Davis Convert Seurities
18.21
Founders Blue Chip Fund
17.15
Deleware Small Cap
17.27
Goldman Core Fixed Income
10.38
Dreyfus Premium Value
11.95
Heartland Value
18.15
Federated Stocks & Bonds
13.81
Janus Fund
15.82
First Invest FD for Income
12.44
Manstay Cap Appriciation
17.29
7)
The data below give earnings in 97 matched to those in 96 for the firms listed. Use the data
to test the
hypothesis that mean earnings in 96 and 97 were the same.
b) Construct a confidence interval for the difference in the mean earnings.
Company
Earnings 96 Earnings 97
Atlantic Richfield
1.16
1.17
Balchem Corp
0.16
0.13
Black & Decker Corp
0.97
1.02
Dial Corp
0.18
0.23
DSC Communications
0.15
-0.32
Eastman Chemical
0.77
0.36
Excel Communications
0.28
-0.14
Federal Signal
0.40
0.29
Ford Motor Company
0.97
1.45
GTE Corp
0.81
0.73
ITT Industries
0.59
0.6
Kimberly-Clark
0.61
-0.27
Minnesota Mining &
Mfr.
0.91
0.89
Procter & Gamble
0.63
0.71
8)
a)
These are
random samples of values of the DJIA in November and December.
Test the hypothesis
that this value is equally variable in the two time periods.
b) Test the hypothesis that the population mean of this value is equal in the two time periods.
November December
7493
8066
7525
8209
7760
7842
7499
7943
7555
7846
7690
8071
7668
8055
7600
8159
7516
7828
7711
8109
9)
You should be able to interpret all of this printout.
SUMMARY OUTPUT
Regression Statistics
Multiple R
0.735101
R Square
0.540374
Adjusted R Square
0.425467
Standard Error
14.16456
Observations
16
ANOVA
df
SS
MS
F
Regression
3 2830.58625
943.52875 4.70271908
Residual
12
2407.6167 200.634725
Total
15 5238.20295
Coefficien
ts
Standard
Error
t Stat
P-value
Intercept
-179.973 112.858543 -1.5946793 0.13676805
Curb Weight (lb.)
-0.01431
0.0167821 -0.8524396 0.41066111
Horsepower
-0.15314 0.14947024 -1.0245438 0.32578912
Speed at 1/4 mile (mph)
3.141385 1.29764869 2.42082886 0.03226857
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