Exam (elaborations)

Solutions for Essentials of Statistics for Business and Economics, 10th Edition Camm (All Chapters included)

67 views 1 purchase

Course
Introduction to Statistics

Institution
Introduction To Statistics

Complete Solutions Manual for Essentials of Statistics for Business and Economics, 10th Edition by Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson, Dennis J. Sweeney, Thomas A. Williams ; ISBN13: 9780357716014. (Full Chapters included Chapter 1 to 15)..... ...

[Show more]

Preview 3 out of 1097 pages

View example

Uploaded on December 22, 2023
Number of pages 1097
Written in 2023/2024
Type Exam (elaborations)
Contains Questions & answers

solutions
manual
essentials
statistics
business
economics
10th edition
10e
camm
9780357716014
answer guide
solutions manual

Institution Introduction to Statistics
Course Introduction to Statistics

mizhouubcca

Member since 1 year 670 documents sold

CA$42.77

Added

Add to cart

Add to wishlist

100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached

Essentials of Statistics for Business
and Economics
10th Edition by Jeffrey D. Camm

Complete Chapter Solutions Manual
are included (Ch 1 to 15)

** Immediate Download
** Swift Response
** All Chapters included

, Solution and Answer Guide
Camm/Cochran/Fry/Ohlmann/Anderson/Sweeney/Williams, Essentials of Statistics for Business
and Economics, 10e 9780357716014; Chapter 1: Data and Statistics

Table of Contents
Supplementary Exercises ............................................................................................................. 1

Supplementary Exercises
1. Wall Street Journal Subscriber Characteristics. A Wall Street Journal (WSJ) subscriber survey
asked 46 questions about subscriber characteristics and interests. State whether each of the
following questions provides categorical or quantitative data. LO 2
a. What is your age?
b. Are you married?
c. When did you first start reading the WSJ? High school, college, early career, midcareer, late
career, or retirement?
d. How long have you been in your present job or position?
e. What type of vehicle are you considering for your next purchase? Nine response categories
include sedan, sports car, SUV, minivan, and so on.
Solutions:
a. Quantitative
b. Categorical
c. Categorical
d. Quantitative
e. Categorical
2. Comparing Tablet Computers. Tablet PC Comparison provides a wide variety of information about
tablet computers. The company’s website enables consumers to easily compare different tablets
using factors such as cost, type of operating system, display size, battery life, and CPU manufacturer.
A sample of 10 tablet computers is shown in Table 1.6 (Tablet PC Comparison website). LO 1, 2
a. How many elements are in this data set?
b. How many variables are in this data set?
c. Which variables are categorical and which variables are quantitative?
d. What type of measurement scale is used for each of the variables?

, Solutions:
a. The 10 elements are the 10 tablet computers.
b. Five variables: Cost ($), Operating System, Display Size (inches), Battery Life (hours), and
CPU Manufacturer
c. Categorical variables: Operating System and CPU Manufacturer
Quantitative variables: Cost ($), Display Size (inches), and Battery Life (hours)
d. Variable Measurement Scale
Cost ($) Ratio
Operating system Nominal
Display size (inches) Ratio
Battery life (hours) Ratio
CPU manufacturer Nominal

3. Tablet PCs: Cost, CPU, and Operating System. Refer to Table 1.6. LO 3
a. What is the average cost for the tablets?
b. Compare the average cost of tablets with a Windows operating system to the average cost of
tablets with an Android operating system.
c. What percentage of tablets use a CPU manufactured by TI OMAP?
d. What percentage of tablets use an Android operating system?
Solutions:
a. Average cost = 5829/10 = $582.90
b. Average cost with a Windows operating system = 3616/5 = $723.20
Average cost with an Android operating system = 1714/4 = $428.5
The average cost with a Windows operating system is much higher.
c. Ten of 10 or 20% use a CPU manufactured by TI OMAP
d. Four of 10 or 40% use an Android operating system

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller mizhouubcca. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$42.77. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling

Exam (elaborations)

Solutions for Essentials of Statistics for Business and Economics, 10th Edition Camm (All Chapters included)

Document information

Subjects

Written for

Seller

Reviews received

Content preview