Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1. A forester wishes to predict the volume (in cubic feet) of usable lumber in a certain species of tree using the height (in feet) and diameter (in inches) of the trees. The height and diameter of 31 trees of a certain species were measured, the trees were cut down, and the volume of usable lumber was determined. The explanatory variable(s) in this study are

2227_Find the explanatory variables in this study.gif

A. either height or diameter.
B. both height and diameter.
C. height, diameter, and volume.

2. An old saying in golf is "you drive for show and you putt for dough." The point is that good putting is more important than long driving for shooting low scores and hence winning money. To explore the relation between winning, putting, and driving distance, data on the top 69 money winners on the PGA tour in 1993 are used. The average number of putts per hole for each player and their average driving distance is used to predict their total winnings using the multiple regression model

where the deviations εI are assumed to be independent and Normally distributed with mean 0 and standard deviation σ. This model was fit to the data using the method of least squares. The following results were obtained from statistical software.

610_Find the explanatory variables in this study1.gif

To see if higher winnings are associated with fewer putts, the researchers decided to test the hypotheses H0: β1 = 0 , Ha: β1 < 0. The P-value of the test is
A. less than 0.0005.
B. between 0.0005 and 0.01.
C. greater than 0.01.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9723511

Have any Question?


Related Questions in Statistics and Probability

In a single season an average of 24 home runs were hit per

In a single? season, an average of 2.4 home runs were hit per game. Assume the number of home runs per game follows the Poisson distribution. ?a) What is the probability that 6 home runs will be hit in a randomly selecte ...

Suppose you just purchased a digital music player and have

Suppose you just purchased a digital music player and have put 9 tracks on it. After listening to them you decide that you like of the songs. With the random feature on your? player, each of the 9 songs is played once in ...

Based on college data scores on a certain test can be seen

Based on college data, scores on a certain test can be seen as normally distributed that can show the mean of 1524 and a standard deviation of 318. What percentage of scores are greater than 1842 and if needed round to t ...

Gven that x is binomially distributed with n 36 and p

Given that X is binomially distributed with n = 36, and p = 0.33, use the normal approximation to the binomial (with correction for continuity) to estimate the probability that X is less than 14? Round your answer to 2 p ...

Zero-coupon bonds with a par value of 1000000 have a

Zero-coupon bonds with a par value of $1,000,000 have a maturity of 10 years and a required rate of return of 9 percent. What is the current price?

The table to the right shows the results of a survey in

The table to the right shows the results of a survey in which 2585 adults from Country A, 1116 adults from Country B, and 1064 adults from Country C were asked if human activity contributes to global warming. Complete pa ...

Jane is an analyst and their company wants to get a return

Jane is an analyst and their company wants to get a return of atleast 7.3% compounded Semi-Annually on their investment. Jane will only have use of the money for 111 Months before the company needs it for another project ...

Suppose a life insurance company sells a 230000 one-year

Suppose a life insurance company sells a $230,000 ?one-year term life insurance policy to a 20?-year-old female for ?$330. The probability that the female survives the year is 0.999642. Compute and interpret the expected ...

We perform a statistical test to examine if the mean

We perform a statistical test to examine if the mean lifetime of lab mice increases when given vitamin B12 compared to a placebo. Which of the following is a Type I error? Conclude that Vitamin B12 increases the mean lif ...

Q1 what would the best approach to evaluating whether the

Q1. What would the best approach to evaluating whether the extension to the new line be? would an IRR / NPV approach be adequate? Q2. My understanding is that we would take the sales of the extension of the modern line ( ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As