Discuss the below:
Q1: The marketing manager of a large supermarket chain would like to use shelf space to predict the sales of pet food. For a random sample of 12 similar stores, she gathered the following information regarding the shelf space, in feet, devoted to pet food and the weekly sales in hundreds of dollars.
Store 1 2 3 4 5 6
Shelf Space 5 5 5 10 10 10
Weekly Sales 1.6 2.2 1.4 1.9 2.4 2.6
Store 7 8 9 10 11 12
Shelf Space 15 15 15 20 20 20
Weekly Sales 2.3 2.7 2.8 2.6 2.9 3.1
Q2: What is the estimated regression equation?
A.f$hat{y}f$ = 1.45 + 0.074x
B.f$hat{y}f$ = 2.63 + 0.724x
C.f$hat{y}f$ = 1.45 + 0.724x
D.f$hat{y}f$ = 2.63 - 0.174x
Outliers are observations that
A.lie outside the sample
B.render the study useless
C.lie outside the typical pattern of points
D.disrupt the entire linear trend
Q3: Multiple myeloma or blood plasma cancer is characterized by increased blood vessel formulation in the bone marrow that is a prognostic factor in survival. One treatment approach used for multiple myeloma is stem cell transplantation with the patient's own stem cells. The following data represent the bone marrow microvessel density for a sample of 7 patients who had a complete response to a stem cell transplant as measured by blood and urine tests. Two measurements were taken: the first immediately prior to the stem cell transplant, and the second at the time of the complete response.
Patient 1 2 3 4 5 6 7
Before 158 189 202 353 416 426 441
After 284 214 101 227 290 176 290
At the .01 level of significance, is there sufficient evidence to conclude that the mean bone marrow microvessel density is higher before the stem cell transplant than after the stem cell transplant?
A.No
B.Yes
C.Cannot Determine
Q4: A pharmaceutical company is testing the effectiveness of a new drug for lowering cholesterol. As part of this trial, they wish to determine whether there is a difference between the effectiveness for women and for men. Assume α = 0.05. What is the test value?
Women Men
Sample size 50 80
Mean effect 7 6.95
Sample variance 3 4
A.t = 3.252
B.z = 0.081
C.t = 0.151
D.z = 0.455