Académique Documents
Professionnel Documents
Culture Documents
Total Marks: This assignment is worth 40 marks (40 % of the total marks in the unit).
Instructions:
1
Each of the following question worth 10 marks, please answer all of them. If needed please use Harvard
referencing style. There is no word limit, but it is necessary that you provide answers with explanations.
Consider the following Excel regression of perceived sound quality as a function of price for 27 stereo speakers.
a. Is the coefficient of Price significantly different from zero at α = .05?
b. What does the R2 tell you?
c. Given these results, would you conclude that a higher price implies higher sound quality?
Regression
Statistics
R Square 0.01104
Standard Error 4.02545
Observations 27
Statistic Coefficients Std Error t Stat P-value Lower 95% Upper 95%
Intercept 88.4902 1.67814 52.731 0.0000 85.0340 91.9464
Price −0.00239 0.00453 −0.528 0.6019 −0.01172 0.00693
After researching cysts of a particular type, a doctor learns that out of 10,000 such cysts examined, 1,500 are malignant
and 8,500 are benign. A diagnostic test is available which is accurate 80% of the time (whether the cyst is malignant or
not). The doctor has discovered the same type of cyst in a patient.
a. In the absence of any test, what is the probability that the cyst is malignant? What is the probability that the cyst is
benign?
b. What is the probability that the patient will test positive?
c. What is the probability that the patient will test negative?
d. What is the probability that the patient has a benign tumor if he or she tests positive?
e. What is the probability that the patient has a malignant cyst if he or she tests negative?
Below are monthly rents paid by 30 students who live off campus:
a. Find the mean, median, and mode.
b. Do the measures of central tendency agree? Explain.
c. Calculate the standard deviation.
d. Are there outliers or unusual data values?
e. Using the Empirical Rule, do you think the data could be from a normal population?
730 730 730 930 700 570