This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A realtor collected the following data for a random sample of ten homes that recently sold in her ... (Read 36 times)

storky111

  • Hero Member
  • *****
  • Posts: 561
on: Feb 14, 2020

Question 1

A company keeps extensive records on its new salespeople on the premise that sales should increase with experience. A random sample of seven new salespeople produced the data on experience and sales shown in the table.



Summary statistics yield SSxx = 94.8571, SSxy = 124.7571, SSyy = 176.5171, = 5.8571, and Calculate a 90% confidence interval for E(y) when Assume and the prediction equation is

Question 2

A realtor collected the following data for a random sample of ten homes that recently sold in her area.

HouseAsking PriceDays on Market
A$114,50029
B$149,90016
C$154,70059
D$159,90042
E$160,00072
F$165,90045
G$169,70012
H$171,90039
I$175,00081
J$289,900121

a. Find a 90% confidence interval for the mean number of days on the market for all houses listed
at $150,000.
b.Suppose a house has just been listed at $150,000. Find a 90% prediction interval for the number
of days the house will be on the market before it sells.
Statistics ¦ McClave, Sincich, Tamarack ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by storky111 on Feb 14, 2020

wshriver

  • Sr. Member
  • ****
  • Posts: 318
Reply #1 on: Feb 14, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly


storky111

  • Member
  • Posts: 561
Reply 2 on: Feb 14, 2020
Great answer, keep it coming :)

duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

tree-ring data tree-ring data
Data Used to Analyze Productivity in Country 1 and Country 2 Data Used to Analyze Productivity in Country 1 and Country 2
Demographic Data for India Demographic Data for India
) Random assortment of maternal (blue) and paternal (purple) chromosomes at metaphase ) Random assortment of maternal (blue) and paternal (purple) chromosomes at metaphase
Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ... Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ...
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Video: Enzyme structure - Properties of enzymes

For a complete list of videos, visit our video library