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Correlation Coefficient - Introduction to Statistics - Assignment, Exercises of Statistics

Correlation coefficient, Sketch a graph, Line of Regression, Hypothesis testing method, Value for correlation coefficient, Random sample, Distribution, Standard deviation are some points from this document. This contains many questions to practice for preparing exam but few of them were also assigned as assignment.

Typology: Exercises

2011/2012

Uploaded on 11/14/2012

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M16$Final$Exam$Review$Problems$From$CHAPTERS$10$&$11$
$
Problems$1=2:$$Compute$the$value$for$the$correlation$coefficient.$Use$hypothesis$testing$at$
α
=.05
$to$determine$correlation.$$If$there$is$correlation:$describe$it,$find$the$line$of$
regression$and$sketch$a$graph$of$the$data$with$the$line$of$regression,$and$answer$the$
question.$
$
1.$$Pass$Attempts:$$Data$for$pass$attempts$and$yards$gained$are$as$follows.$
Attempts$$$x$
116$
90$
82$
108$
92$
Yards$$$$y$
1001$
823$
851$
873$
837$
$$If$there$is$correlation,$find$the$number$of$yards$expected$from$100$pass$attempts.$
$
$
2.$$Egg$Production:$$Number$of$eggs$and$price$per$dozen$are$shown.$
Eggs$(millions)$$$x$
957$
1163$
1865$
119$
273$
$$$Price$per$dozen$$$y$
0.770$
0.617$
0.652$
1.080$
1.42$
If$there$is$correlation,$find$what$price$per$dozen$eggs$you$would$expect$with$1000$produced$
eggs.$
$
$
$
$
$
3.$$The$USA$TODAY$reported$that$21%$of$loans$granted$by$credit$unions$were$for$home$
mortgages,$39%$were$for$automobile$purchases,$20%$were$for$credit$card$and$other$
unsecured$loans,$12%$were$for$real$estate$other$than$home$loans,$and$8%$were$for$other$
miscellaneous$needs.$$To$see$if$her$credit$union$customers$had$similar$needs,$a$manager$
surveyed$a$random$sample$of$100$loans$and$found$that$25$were$for$home$mortgages,$44$for$
automobile$purchases,$19$for$credit$card$and$unsecure$loans,$8$for$real$estate,$and$4$were$
for$miscellaneous$needs.$$At$
α
=.05
,$is$the$distribution$the$same$as$reported$in$the$
newspaper?$
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M16 Final Exam Review Problems From CHAPTERS 10 & 11

Problems 1 -­‐ 2 : Compute the value for the correlation coefficient. Use hypothesis testing at

α = .05 to determine correlation. If there is correlation: describe it, find the line of

regression and sketch a graph of the data with the line of regression, and answer the question.

  1. Pass Attempts : Data for pass attempts and yards gained are as follows. Attempts x 116 90 82 108 92 Yards y 1001 823 851 873 837 If there is correlation, find the number of yards expected from 100 pass attempts.
  2. Egg Production: Number of eggs and price per dozen are shown. Eggs (millions) x 957 1332 1163 1865 119 273 $ Price per dozen y 0.770 0.697 0.617 0.652 1.080 1. If there is correlation, find what price per dozen eggs you would expect with 1000 produced eggs.
  3. The USA TODAY reported that 21% of loans granted by credit unions were for home mortgages, 39% were for automobile purchases, 20% were for credit card and other unsecured loans, 12% were for real estate other than home loans, and 8% were for other miscellaneous needs. To see if her credit union customers had similar needs, a manager surveyed a random sample of 100 loans and found that 25 were for home mortgages, 44 for automobile purchases, 19 for credit card and unsecure loans, 8 for real estate, and 4 were

for miscellaneous needs. At α = .05 , is the distribution the same as reported in the

newspaper?

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