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Title: Price quote Question Detail: level of success of publicly traded companies affect the way their board members are paid? Publicly traded companies were divided into four quarters using the rate...

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Title:Price quote
Question Detail:

level of success of publicly traded companies affect the way their board members are paid? Publicly traded companies were divided into four quarters using the rate of return in their stocks to differentiate among the companies. The annual payment (in $1,000s) to their board members was recorded. Can we infer that the amount of payment differs between the four groups of companies?

1st quarter

2nd quarter

3rd quarter

4th quarter

65

67

81

96

61

83

89

93

71

85

82

113

58

52

70

92

88

94

68

64

37

77

72

101

82

87

93

57

59

81

98

77

66

56

87

84

89

95

75

83

59

75

40

76

49

97

73

51

89

56

105

73

79

78

88

60

76

82

70

92

69

70

67

72

85

71

64

83

95

74

89

71

73

82

53

85

86

65

73

95

100

76

94

78

72

82

89

75

60

101

82

87

115

88

69

53

77

82

116

94

68

63

63

65

70

49

71

75

77

64

78

103

66

80

84

90

82

58

72

101

14.17

In 1994, the chief executive officers of the major tobacco companies testified before a U.S. senate subcommittee. One of the accusations made was that tobacco firms added nicotine to their cigarettes, which made them even more addictive to smokers. Company scientists argued that the amount of nicotine in cigarettes depended completely on the size of the tobacco leaf: During poor growing seasons, the tobacco leaves would be smaller than in normal or good growing seasons. However, because the amount of nicotine in a leaf is a fixed quantity, smaller leaves would result in cigarettes having more nicotine (because a greater fraction of the leaf would be used to make a cigarette). To examinie the issue, a university chemist took random samples of tobacco leaves that were grown in greenhouses where the amount of water was allowed to vary. Three different groups of tobacco leaves were grown. Group 1 leaves were grown with about an average season’s rainfall. Group 2 leaves were given about 67% of groups 1’s water, and group 3 leaves were given 33% of group 1’s water. The size of the leaf (in grams) and the amount of nicotine in each leaf were measured.

  1. Test to determine whether the leaf sizes differ between the three groups.
  2. B. Test to determine whether the amounts of nicotine differ in the three groups.

Size-Group 1

Size-Group 2

Size-Group 3

Nicotine-Group 1

Nicotine-Group 2

Nicotine-Group 3

15.43

13.50

11.17

18.34

18.17

4.87

37.34

25.73

10.90

17.26

13.10

13.64

25.98

22.90

21.09

11.26

15.29

12.56

20.44

33.02

10.52

20.09

14.44

10.66

18.76

34.46

22.65

13.71

15.35

7.72

28.55

23.96

16.03

16.01

11.12

5.71

32.08

21.16

10.09

17.04

11.20

6.92

30.88

13.76

12.75

16.43

15.06

11.22

19.03

26.62

25.43

12.93

13.36

11.39

36.07

23.84

24.36

18.82

12.63

10.60

29.77

25.19

14.73

14.59

13.84

8.58

26.73

4.91

17.03

14.18

14.50

10.78

15.24

18.98

19.00

13.21

4.87

10.39

15.97

26.17

12.44

14.82

12.78

9.47

23.03

27.09

20.70

14.31

14.52

9.10

24.86

31.27

15.78

14.51

9.84

10.55

19.96

29.48

14.33

17.90

12.83

12.47

16.31

19.21

26.98

12.92

12.78

11.30

19.45

18.43

20.92

11.30

11.91

5.73

33.89

25.51

16.73

13.66

13.22

11.63

17.64

15.12

20.80

17.24

14.99

9.25

20.03

20.25

15.54

13.58

14.23

10.17

35.54

25.04

21.06

15.87

11.42

10.14

31.14

22.88

15.91

15.72

12.96

10.43

25.78

34.16

12.69

15.28

13.35

11.75

18.01

20.32

22.79

16.60

13.79

11.41

27.01

24.31

29.16

15.06

16.23

10.92

14.24

13.21

17.27

15.69

13.07

13.26

23.06

13.61

14.58

14.31

13.78

11.00

24.40

18.56

8.15

16.35

15.42

8.20

26.64

14.71

14.17

18.12

11.76

8.55

18.05

12.52

10.94

16.14

14.55

8.52

20.58

10.91

21.61

13.69

11.91

10.75

26.51

13.07

16.56

17.12

13.60

12.55

33.95

22.93

14.56

15.89

12.72

6.69

25.87

35.39

22.92

16.24

12.85

9.88

13.49

16.04

21.57

16.17

13.45

11.04

27.73

32.49

10.33

13.33

12.06

10.67

30.90

20.36

15.51

16.04

14.04

8.01

22.36

31.56

12.91

14.18

15.12

7.44

24.92

7.51

2.64

14.81

13.13

10.96

27.47

17.69

24.71

15.98

13.27

9.95

39.81

9.97

21.20

14.68

12.76

9.29

14.77

26.33

24.08

15.92

14.80

11.38

20.06

26.25

21.34

13.89

14.21

11.71

27.96

25.60

15.21

17.83

14.46

11.37

21.10

12.70

27.89

19.75

14.49

9.02

27.92

21.56

24.56

17.42

13.91

11.97

32.14

24.61

28.16

15.04

12.07

11.05

39.55

27.52

19.78

14.94

14.06

11.20

14.57

measure the height of the professor, a male student, and a female student. The differences (in centimeters) between the correct dimension and the ones produced by the students are listed here.Can we infer that there are differences in the errors between the subjects being measured? (use a=.05)

Errors in Measuring Heights of

Student Professor Male Student Female Student

XXXXXXXXXX

XXXXXXXXXX

XXXXXXXXXX

XXXXXXXXXX

Professor

Male student

Female student

Student 1

1.4

1.5

1.3

Student 2

3.1

2.6

2.4

Student 3

2.8

2.1

1.5

Student 4

3.4

3.6

2.9

14.71

The data shown here were taken from a 2x3 factorial experiment with four replicas:

B1

B2

A1

23

20

A1

18

17

A1

17

16

A1

20

19

A2

27

29

A2

23

23

A2

21

27

A2

28

25

A3

23

27

A3

21

19

A3

24

20

A3

16

22

  1. Test at the 5% significance level to determine whether factors A and B interact.
  2. Test at the 5% significance level to determine whether differences exist between the levels of factor A.
  3. Test at the 5% significance level to determine whether differences exist between the levels of factor B.

15.8

A multinomial experiment was conducted with k=4. Each outcome is stored as an integer from 1 to 4 and the results of a survey were recorded. Test the following hypotheses.

H0: p1=.15 p2=.40 p3=.35 p4=.10

H! At least one pi is not equal to its specified value

Outcomes

2

2

2

3

2

2

2

1

2

2

2

1

1

3

1

2

1

2

2

2

3

2

1

2

2

4

2

2

2

3

2

3

2

1

2

2

4

3

1

3

3

3

3

2

2

2

3

2

1

1

1

2

2

2

3

1

2

3

2

3

4

2

3

2

4

3

1

3

3

3

1

2

1

3

2

2

2

1

4

2

4

1

2

1

2

2

2

1

2

2

3

2

3

1

4

2

2

1

4

2

4

2

2

3

3

2

3

4

1

3

2

2

3

3

2

2

2

3

2

3

2

2

2

1

3

2

3

2

2

2

2

2

2

3

1

4

2

1

3

2

3

3

2

3

2

3

2

2

2

3

3

3

3

2

3

2

3

4

1

2

4

2

2

2

3

3

1

1

2

2

2

2

3

3

2

4

2

2

2

1

2

3

3

1

3

1

1

2

3

2

2

2

2

2

3

2

3

3

2

2

3

1

4

3

2

2

2

3

3

3

1

2

4

4

2

3

1

3

3

1

3

1

3

1

2

3

4

2

1

4

1

2

1

15.11

Pat Statdud is about to write a multiple choice exam but as usual knows absolutely nothing. Pat plans to guess one of the five choices. Pat has been given one of the professor’s previous exams with the correct answers marked. The correct choices were recorded where 1=(a), 2=(b), 3=(c), 4=(d), and 5=(e). Help Pat determine whether this professor does not randomly distribute the correct answer over the five choices? If this is true, how does it affect Pat’s strategy?

Correct choice

3

2

3

1

5

1

4

1

1

1

4

1

4

1

4

3

4

4

2

2

5

1

4

4

2

15.28

The operations manager of a company that manufactures shirts wants to determine whether there are differences in the quality of workmanship among the three daily shifts. She randomly selects 600 recently made shirts and carefully inspects them. Each shirt is classified as either perfect or flawed, and the shift that produced it is also recorded. The accompanying table summarizes the number of shirts that fell into each cell. Do these data provide sufficient evidence to infer that there are differences in quality between the three shifts?

Shift

SHIRT CONDITION 1 2 3

Perfect XXXXXXXXXX

Flawed XXXXXXXXXX

Answered Same Day Dec 23, 2021

Solution

David answered on Dec 23 2021
120 Votes
level of success of publicly traded companies affect the way their board members are paid? Publicly traded companies were divided into four quarters using the rate of return in their stocks to differentiate among the companies. The annual payment (in $1,000s) to their board members was recorded. Can we infer that the amount of payment differs between the four groups of companies?
    1st quarte
    2nd quarte
    3rd quarte
    4th quarte
    65
    67
    81
    96
    61
    83
    89
    93
    71
    85
    82
    113
    58
    52
    70
    92
    88
    94
    68
    64
    37
    77
    72
    101
    82
    87
    93
    57
    59
    81
    98
    77
    66
    56
    87
    84
    89
    95
    75
    83
    59
    75
    40
    76
    49
    97
    73
    51
    89
    56
    105
    73
    79
    78
    88
    60
    76
    82
    70
    92
    69
    70
    67
    72
    85
    71
    64
    83
    95
    74
    89
    71
    73
    82
    53
    85
    86
    65
    73
    95
    100
    76
    94
    78
    72
    82
    89
    75
    60
    101
    82
    87
    115
    88
    69
    53
    77
    82
    116
    94
    68
    63
    63
    65
    70
    49
    71
    75
    77
    64
    78
    103
    66
    80
    84
    90
    82
    58
    72
    101
Solution:
Null Hypothesis (Ho): µ1 = µ2 = µ3 = µ4
Alternative hypothesis (Ha): At least two means differ.
Using F-tables, the critical value is
F (0.05, 3, 116) = 2.68
Rejection region: F > F (0.05, 3, 116) = 2.28
Grand mean, G = 77.39
SST = ∑nj (xj – G) ²
= 30(74.10 – 77.39)
2
+ 30(75.67 – 77.39)
2
+ 30(78.50 – 77.39)
2
+ 30(81.30 – 77.39)
2

= 909.42
SSE = ∑(nj – 1) sj²
= (30 –1) (249.96) + (30 – 1) (184.23) + (30 – 1) (233.36) + (30 – 1) (242.91)
= 26,403
ANOVA table
Source
Degrees of Freedom Sum of Squares
Mean Squares
F
.
Treatments
3
1
k
=
-
SST = 909.4
1
.
303
3
4
.
909
1
k
SST
=
=
-

33
.
1
6
.
227
1
.
303
MSE
MST
=
=

E
o
116
k
n
=
-

SSE = 26,403
6
.
227
116
403
,
26
k
n
SSE
=
=
-
Since F < 2.68, we fail to reject the null hypothesis.
There is not enough evidence of a difference between the four groups of companies.
14.17
In 1994, the chief executive officers of the major tobacco companies testified before a U.S. senate subcommittee. One of the accusations made was that tobacco firms added nicotine to their cigarettes, which made them even more addictive to smokers. Company scientists argued that the amount of nicotine in cigarettes depended completely on the size of the tobacco leaf: During poor growing seasons, the tobacco leaves would be smaller than in normal or good growing seasons. However, because the amount of nicotine in a leaf is a fixed quantity, smaller leaves would result in cigarettes having more nicotine (because a greater fraction of the leaf would be used to make a cigarette). To examinie the issue, a university chemist took random samples of tobacco leaves that were grown in greenhouses where the amount of water was allowed to vary. Three different groups of tobacco leaves were grown. Group 1 leaves were grown with about an average season’s rainfall. Group 2 leaves were given about 67% of groups 1’s water, and group 3 leaves were given 33% of group 1’s water. The size of the leaf (in grams) and the amount of nicotine in each leaf were measured.
a. Test to determine whether the leaf sizes differ between the three groups.
. B. Test to determine whether the amounts of nicotine differ in the three groups.
    Size-Group 1
    Size-Group 2
    Size-Group 3
    Nicotine-Group 1
    Nicotine-Group 2
    Nicotine-Group...
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