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Statistics for Management and Economics Abbreviated 10th Edition Gerald Keller Solutions Manual Full clear download (no formatting errors) at: http://testbanklive.com/download/statistics-for-management-and-economicsabbreviated-10th-edition-gerald-keller-solutions-manual/ Statistics for Management and Economics Abbreviated 10th Edition Gerald Keller Test Bank Full clear download (no formatting errors) at: http://testbanklive.com/download/statistics-for-management-and-economicsabbreviated-10th-edition-gerald-keller-test-bank/

Chapter 2 2.1 Nominal: Occupation, undergraduate major. Ordinal: Rating of university professor, Taste test ratings. Interval: age, income 2.2 a Interval b Interval c Nominal d Ordinal

2.3 a Interval b Nominal c Ordinal d Interval e Interval

2.4 a Nominal b Interval c Nominal d Interval e Ordinal

2.5 a Interval b Interval c Nominal d Interval e Nominal


2.6 a Interval b Interval c Nominal d Ordinal e Interval

2.7 a Interval b Nominal c. Nominal


d Interval e Interval f Ordinal 2.8 a Interval b Ordinal c Nominal d Ordinal 2.9 a Interval b Nominal c Nominal 2.10 a Ordinal b Ordinal c Ordinal

2.11 300,000,000,000 250,000,000,000 200,000,000,000 150,000,000,000 100,000,000,000 50,000,000,000 0


2.12 Brazil 1%

United States 2%

Canada 13%

Venezuela 16%

United Arab Emirates 7%

Iran 10%

Iraq 9%

Saudi Arabia 19%

Russia 4% Qatar 2%

2.13 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 -

China 1%

Libya 3% Nigeria 3%

Kuwait 8%

Kazakhstan 2%


2.14 Residual fuel oil 3% Marketable coke 5% Still gas 5%

Liquified Lubricants refinery 1% gas 3%

Asphalt and road oil 2%

Jet fuel 13%

Other 2%

Gasoline 51%

Distillate fuel oil 15%

2.15 Hydroelectric 1.2%

Biomass 4.1%

Other 0.3%

Nuclear 0.0% Natural gas 17.6%

Oil 28.8%

Coal 48.0%


United States

United Kingdom

Ukraine

Turkey

Taiwan

Spain

South Korea

South Africa

Russia

Poland

Netherlands

Mexico

Japan

Italy

Iran

India

Germany

France

Egypt

China

Canada

Brazil

Belgium

Austria

Australia

2.16

9000

8000

7000

6000

5000

4000

3000

2000

1000

0

2.17

800

700

600

500

400

300

200

100

0


2.18 Other 18%

Paper and paperboard 28%

Yard trimmings 14%

Food scraps 14%

Plastics 12%

Glass 5% Metals 9%

2.19 Residential Recycled Plastic, 1%

Disposed Other, 17%

Disposed Organic, 23%

Disposed Metal, 2%

Recycled Glass, 3%

Recycled Paper, 14%

Recycled Metal, 1% Recycled Organic/Food, 7%

Recycled Organic/ Yard, 10%

Discposed Paper, 12%

Recycled Other, 4% Disposed Plastic, 7%


Non-Residential Disposed Construction/Dem olition, 7%

Disposed Other, 6%

Recycled GlasRse,cycled 1% Metal, 3% Recycled Paper, 11%

Disposed Organic, 18%

Disposed Plastic, 10%

Recycled Organic, 1% Recycled Construction/Dem olition, 1% Recycled Other, 1%

Disposed Glass, 3% Disposed Metal, 8%

2.20 a. 800 700 600 500 400 300 200 100 0

Disposed Paper, 31%


b.

Venezuela 12%

Algeria 4% Angola 5%

Saudi Arabia 14%

Canada 25%

Nigeria 13%

Mexico 15%

Iraq 5%

Colombia 4%

Kuwait 3%

c. The bar chart provides the frequencies and the pie chart displays the relative frequencies.


2.21 Males 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0 Under 18

18-24

25-34

35-45

45-64

Under 18

18-24

25-34

35-45

45-64

Females 35.0 30.0 25.0 20.0 15.0 10.0 5.0 0.0


2.22 300 250 200 150

NFL CFL

100 50 0 Four tickets

2.23 6 5 4 3 2 1 0

Parking

Two ball Two beers Two drinks Four hot caps dogs


2.24 Pay medical bills 6%

Save 5%

Other 3%

Buy something 40% Invest 19%

Pay down debt 27%

2.25 Down payment house Impulse 2% 4%

Home improvement 13% Appliances 3% Automobles 3% Clothing 8%

Vacation 11%

Groceries 23%

Electronics 8% Gas 19%

Spa/salon time 3%

Furniture 3%


2.26 Number of students 8%

Community 5%

Career focus 16%

Location 39%

Academic reputation 10%

Majors 22%

2.27 Internet 8% Word of mouth 12%

Consumer guide 52% Dealership 28%


2.28 Living/dining room 9% Basement 32%

Kitchen 27%

Bathroom 23%

Bedroom 9%

2.29 a Newspaper

Frequency

Relative Frequency

Daily News

141

.39

Post

128

.36

Times

32

.09

WSJ

59

.16

b Wall Street Journal 16%

New York Times 9%

New York Post 36%

The Daily News and the Post dominate the market

New York Daily news 39%


2.30a

Degree

Frequency

BA

88

BBA

37

B Eng

51

B Sc

24

Other

30

b. 100 90 80 70 60 50 40 30 20 10 0 B.A.

B.B.A.

B.Eng

B.Sc.

Other

c Other 13% B.Sc. 11%

B.A. 38%

B.Eng 22% B.B.A. 16%

d. About 4 applicants in 10 have the BA degree, about one-fifth have a BEng. and one-sixth have a BBA.


2.31a 45 40 35 30 25 20 15 10 5 0 IBM

Compaq

Dell

Other

b

Other 26%

IBM 21%

Compaq 13%

Dell 40%

c Dell is most popular with 40% proportion, followed by other, 26%, IBM, 21% and Compaq, 13%.

2.32 a

Software

Frequency

Excel

34

Minitab

17

SAS

3

SPSS

4

Other

12


b Other 17% SPSS 6% Excel 49%

SAS 4%

Minitab 24%

c Excel is the choice of about half the sample, one-quarter have opted for Minitab, and a small fraction chose SAS and SPSS.

2.33 Natural Light 9%

Other 6%

Bud Light 31% Miller Lite 21%

Michelob Light 4%

Busch Light 7% Coors Light 22%


2.34 Other 10%

Black 15%

White 75%

Three out of four Americans are White. Note that the survey did not separate Hispanics. 2.35 Graduate degree 10%

Left high school 15%

Bachelor's degree 18%

junior college 8% High school 49%

Half of American adults finished high school only. More than one-third received some kind of post-secondary education.


2.36

Never married 27%

Married 46% Separated 3% Divorced 16%

Widowed 8%

Almost half the sample is married and about one out of four were never married.

2.37 Upper class 3%

Lower class 10%

Middle class 43% Working class 44%

Nine of out of 10 Americans classify themselves as middle or working class.


2.38 Other 9% Blck 15%

White 76%

Three out of four Americans are White. 2.39 Graduate degree 11%

Left high school 15%

Bachelor's degree 18%

Junior college 7% High school 49% Half of American adults finished high school only. More than one-third received some kind of post-secondary education.


2.40 50,000 45,000 40,000 35,000 30,000

Less than high school

25,000

High school

20,000

Some college

15,000

College graduate

10,000 5,000 1995

2000

2005

2010

The “Less than high school� category has remained constant, while the number of college graduates has increased.

2.41 180,000 160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 0

2000 2005 2008

The state and local consumption has increased rapidlycompared to the other categories.


2.42 Australian Energy Sources Hydroelectric 1.2% Nuclear 0.0%

Biomass 4.1%

Other 0.3%

Natural gas 17.6%

Coal 48.0%

Oil 28.8%

New Zealand Energy Sources Other 15.1%

Coal 7.0%

Biomass 4.4% Hydroelectric 10.1% Nuclear 0.0%

Natural gas 29.1%

The dominant source in Australia is coal. In New Zealand it is oil.

Oil 34.3%


2.43 350 300 250 200 Year 1995

150

Year 2000

100

Year 2005

50

Year 2009

0

Street crime has decreased while all the other categories have remained constant.

2.44

60 50 40 B.A. 30

B.Eng B.B.A.

20

Other

10 0 University 1

University 2

University 3

University 4

Universities 1 and 2 are similar and quite dissimilar from universities 3 and 4, which also differ. The two nominal variables appear to be related.


2.45

The column proportions are similar; the two nominal variables appear to be unrelated. There does not appear to be any brand loyalty.

2.46

The two variables are related.


2.47 700 600 500 400 Men 300

Women

200 100 0 Lost job

Left job

Reentrants

New entrants

There are large differences between men and women in terms of the reason for unemployment.

2.48 200 180 160 140 120 100 80 60 40 20 0

Year 1995 Year 2000 Year 2005 Year 2010

The number of prescriptions filled by all stores except independent drug stores has increased.


2.49 40% 35% 30% 25% 20% 15%

Male

10%

Female

5% 0%

There appears to be differences between female and male students in their choice of light beer.

2.50 Very good 10%

Excellent 3%

Good 45%

More than 40% rate the food as less than good.

Poor 15%

Fair 27%


2.51

Manual 18%

Computer 44%

Computer and manual 38%

2.52 Canada Other 11%

Yahoo 15%

Microsoft 12%

Google 62%


United States

Other 18% Google 36%

Yahoo 30%

Microsoft 16%

There are considerable differences between the two countries.

2.53 Strongly agree 4%

Strongly disagree 15%

Agree 23% Disagree 20%

Neither agree nor disagree 38%

More students disagree than agree.


2.54 45% 40% 35% 30% 25% Children

20%

No children

15% 10% 5% 0% Poor

Fair

Good

Very good

Excellent

Customers with children rated the restaurant more highly than did customers with no children.

2.55 50.0 40.0 30.0 20.0

Manufacturers

10.0

Services Aggregate

-10.0

Australia Austria Belgium Canada Czech Republic Denmark Finland France Germany Greece Hungary Iceland Ireland Italy Japan Korea Luxembourg Mexico Netherlands New Zealand Norway Poland Portugal Slovak Spain Sweden Switzerland Turkey United Kingdom United States

0.0

There is a great deal of variation between countries. Moreover some countries tax manufacturers more and some countries tax services more. The United States has the highest corporate tax rates.


2.56 6,000,000,000,000 5,000,000,000,000 4,000,000,000,000 3,000,000,000,000 2,000,000,000,000 1,000,000,000,000 0

United Kingdom 1% All Other Countries 15%

Brazil 2% Oil Exporters 2%

U.S. Individuals and Institutions 30%

Japan 7% China (including Hong Kong) 8% U.S. Military Retirement Fund 2% U.S. Civil Service Retirement Fund 5%

U.S. Social Security Trust Fund U.S. 17% Federal Reserve 11%

The United States owes a lot of money to many lenders.


2.57

45 40 35 30 25 20 15 10 5 0

Female Male

Males and females differ in their areas of employment. Females tend to choose accounting marketing/sales and males opt for finance.

b 40 35 30 25 20 15 10 5 0

Very satisfied Quite satisfied Little satisfied Not satisfied

Area and job satisfaction are related. Graduates who work in finance and general management appear to be more satisfied than those in accounting, marketing/sales, and others.

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