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MTH618 Wk 5 Tutorial Problems

The document contains tutorial questions for a statistics course, including problems related to confidence intervals, correlation coefficients, and regression analysis. Specific tasks include determining sample size for estimating pizza prices, calculating correlation for car rental companies, and finding confidence intervals for ski lift ticket prices. The questions require statistical methods and data analysis based on provided datasets.
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0% found this document useful (0 votes)
11 views3 pages

MTH618 Wk 5 Tutorial Problems

The document contains tutorial questions for a statistics course, including problems related to confidence intervals, correlation coefficients, and regression analysis. Specific tasks include determining sample size for estimating pizza prices, calculating correlation for car rental companies, and finding confidence intervals for ski lift ticket prices. The questions require statistical methods and data analysis based on provided datasets.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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MTH618 Wk 5 Tutorial

Q1.

Q2.

Q3.

Q4.

Q5.

Q6.

Q7.

Q8.
Q9.
A pizza shop owner wishes to find the 95% confidence interval of the true mean cost of
a large plain pizza. How large should the sample be if he wishes to be accurate to within
$0.15? A previous study showed that the standard deviation of the price was $0.26.

Q10.

Q11.

Q12a.

Compute the value of the correlation coefficient for the data shown for car rental
companies in the United States for a recent year.

Company Cars (in ten thousands) Revenue (in billions $)


A 63.0 7.0
B 29.0 3.9
C 20.8 2.1
D 19.1 2.8
E 13.4 1.4
F 8.5 1.5

Q12b.

Use the equation of the regression line to predict the income of a car rental agency that
has 200,000 automobiles.
Q13.

Find 90% confidence interval for the variance and standard deviation for the price in
dollars of an adult single-day ski lift ticket. The data represent a selected sample of
nationwide ski resorts. Assume the variable is normally distributed.

59 54 53 52 51
39 49 46 49 48

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