MANUAL
DIRK TEMPELAAR
Y
Masstricht University
Y
BUSINESS STATISTICS Y
THIRD E DITION Y
Robert A. Donnelly Y Y
Complete Chapter Solutions Manual
Y Y Y Y
are included (Ch 1 to 18)
Y Y Y Y Y
** Immediate Download
Y Y
** Swift Response
Y Y
** All Chapters included
Y Y Y
, Table of Contents
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ChapterY1:YAnYIntroductionYtoYBusinessYStatistics… .................................................................. 1-1
ChapterY2:YDisplayingYDescriptiveYStatistics…........................................................................... 2-1
ChapterY3:YCalculatingYDescriptiveYStatistics… ..........................................................................3-1
ChapterY4:YIntroductionYtoYProbabilities… ................................................................................. 4-1
ChapterY5:YDiscreteYProbabilityYDistributions… ........................................................................ 5-1
ChapterY6:YContinuousYProbabilityYDistributions… ................................................................... 6-1
ChapterY7:YSamplingYandYSamplingYDistributions… ..................................................................7-1
ChapterY8:YConfidenceYIntervals… .............................................................................................. 8-1
ChapterY9:YHypothesisYTestingYforYaYSingleYPopulation… ........................................................ 9-1
ChapterY10:YHypothesisYTestsYComparingYTwoYPopulations… ................................................ 10-1
ChapterY11:YAnalysisYofYVarianceY(ANOVA)YProcedures… .................................................... 11-1
ChapterY12:YChi-SquareYTests… ............................................................................................... 12-1
ChapterY13:YHypothesisYTestsYforYtheYPopulationYVariance… .................................................. 13-1
ChapterY14:YCorrelationYandYSimpleYLinearYRegression… ....................................................... 14-1
ChapterY15:YMultipleYRegressionYandYModelYBuilding… ......................................................... 15-1
ChapterY16:YForecasting ............................................................................................................. 16-1
ChapterY17:YDecisionYAnalysis… ............................................................................................. 17-1
ChapterY18:YNonparametricYStatistics… .................................................................................... 18-1
, CHAPTER 1 Y
An Introduction to Business Statistics
Y Y Y Y
1.1 Quantitative/Interval.YTheYdifferencesYbetweenYaverageYmonthlyYtemperaturesYar
eYmeaningful,YbutYthereYisYnoYtrueYzeroYpoint,Yi.e.,YabsenceYofYtemperature.
1.2 Quantitative/Ratio.YTheYdifferencesYbetweenYaverageYmonthlyYrainfallsYareYmeaningful,Yan
dYthereYisYaYtrueYzeroYpoint,YbecauseYthereYmayYbeYaYmonthYwithoutYanyYrainfalls.
1.3 Qualitative/Ordinal.YYouYcanYrankYeducationYlevel,YbutYtheYdifferencesYbetweenYdiffere
ntYeducationalYlevelsYcannotYbeYmeasured.
1.4 Qualitative/Nominal.YTheYmaritalYstatusYisYjustYaYlabelYwithoutYaYmeaningfulYdifference,Y
orYranking.
1.5 Quantitative/Ratio.YTheYdifferencesYbetweenYagesYofYrespondentsYareYmeaningfulYandYthere
isYaYtrueYzeroYpoint:YanYageYofYtheYrespondentsYthatYequalsYzeroYrepresentsYtheYabsenceYofYage.
1.6 Qualitative/Nominal.YTheYgendersYareYmerelyYlabelsYwithYnoYrankingYorYmeaningf
ulYdifference.
1.7 Quantitative/Interval.YTheYdifferencesYbetweenYbirthYyearsYareYmeaningful,YbutYthereYisYnoYtr
ueYzeroYpointYwithYcalendarYyears.
1.8 Qualitative/YNominal.YTheYpoliticalYaffiliationsYareYmerelyYlabelsYwithYnoYrankingY
orYmeaningfulYdifference.
1.9 Qualitative/YNominal.YTheYracesYofYtheYrespondentsYareYmerelyYlabelsYwithYnoYrankingY
orYmeaningfulYdifference.
1.10 Qualitative/YOrdinal.YYouYcanYrankYtheYperformanceYrating,YbutYtheYdifferencesYbetwee
nYdifferentYperformanceYratingsYcannotYbeYmeasured.
1.11 Qualitative/YNominal.YTheYuniformYnumbersYofYeachYmemberYofYtheYschool’sYsportYteamYa
reYlabelsYwithYnoYrankingYorYmeaningfulYdifference.
1.12 Qualitative/ordinal.YTheYdifferencesYinYtheYdataYvaluesYbetweenYclassYranksYareYn
otYmeaningful.
, 1-2Y ChapterY1
1.13 Quantitative/Ratio.YTheYdifferencesYbetweenYfinalYexamYscoresYforYyourYstatisticsYclass
areYmeaningful,YandYthereYisYaYtrueYzeroYpointYbecauseYaYstudentYwhoYdidYnotYtakeYtheYexamY
wouldYhaveYaYscoreYofYzero.
1.14 Qualitative/Nominal.YTheYstateYinYwhichYtheYrespondentsYinYaYsurveyYresideYisYaYlabelYand
YitY
isYmeaninglessYtoYtalkYaboutYtheYratingYofYthisYvalue.
1.15 Quantitative/Interval.YTheYdifferencesYbetweenYSATYscoresYforYgraduatingYhighYschoolYstud
entsYareYmeaningful,YbutYthereYisYnoYtrueYzeroYpointYbecauseYaYstudentYwithYanYSATYscoreYe
qualYtoYzeroYdoesYnotYindicateYtheYabsenceYofYaYscore.
1.16 Qualitative/Ordinal.YYouYcanYrankYmovieYratings,YbutYtheYdifferencesYbetwee
nYdifferentYratingsYcannotYbeYmeasured.
1.17 Qualitative/ordinal.YTheYdifferencesYinYtheYdataYvaluesYbetweenYratingsYareYnotYmeaningful.
1.18 Qualitative/ordinal.YTheYdifferencesYinYtheYdataYvaluesYbetweenYratingsYareYnotYmeaningful.
1.19 Cross-sectional
1.20 TimeYseries
1.21 TimeYseries:YMenYweeklyYearningsYoverYtheYfiveYyears.YT
imeYseries:YWomenYweeklyYearningsYoverYtheYfiveYyears.
1.22 Cross-sectionalYdata:YMenYandYwomenYworkersYweeklyYearningsYforYanyYoneYparticularYyear.
1.23 Cross-sectional:YTheYnumberYofY8x10,Y11x14YandY13x19YprintsYsoldYoverYaYparticularYyear.
1.24 TimeYseries:YtheYnumberYofY8x10YprintsYsoldYoverYtheYfourYyears
.YTimeYseries:YtheYnumberYofY11x14YprintsYsoldYoverYtheYfourYye
ars.YTimeYseries:YtheYnumberYofY13x19YprintsYsoldYoverYtheYfourY
years.
1.25 DescriptiveYstatistics,YbecauseYitYidentifiesYaYsampleYmean.
1.26 InferentialYstatistics,YbecauseYtheYstatementsYaboutYcomparingYtheYaverageYcostsYofYaYhot
elYroomYinYtwoYstatesYwasYbasedYonYresultsYfromYsamplesYtakenYfromYtwoYpopulations.