Question

In each of the following scenarios, determine if the data are paired. (a) We would like...

In each of the following scenarios, determine if the data are paired.


(a) We would like to know if Intel's stock and Southwest Airlines' stock have similar rates of return. To find out, we take a random sample of 50 days, and record Intel's and Southwest's stock on those same days.

  • paired
  • not paired




(b) We randomly sample 50 items from Target stores and note the price for each. Then we visit Walmart and collect the price for each of those same 50 items.

  • paired
  • not paired




(c) A school board would like to determine whether there is a difference in average SAT scores for students at one high school versus another high school in the district. To check, they take a simple random sample of 100 students from each high school.

  • paired
  • not paired

Homework Answers

Answer #1

a) In this scenario, we need to test of intel's stock and southwest Airlines' have similar rate of return.

Which can be done by using two sample independent t-test for equality of mean.

Hence, this is not paired.

b) Here, the data has been collected for the same 50 item in two cases(one from target stores and another from walmart stores).

Hence, the data is paired and we use paired-t-test.

c) Here , we are taking two samples independently from two different schools of size 100 students.

we need to test the difference in average SAT scores for students of two different schools which can be done by using two sample independent t-test for difference of mean.

Hence, the data is not paired.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Paired or not?: In each of the following scenarios, determine if the data are paired. (a)...
Paired or not?: In each of the following scenarios, determine if the data are paired. (a) We would like to know if there is a "home field" advantage in professional basketball. To find out, we random select 10 NBA teams and calculate their average number of points during home games for the 2019 season. We then calculate their average number of points during away games for the 2019 season. paired not paired (b) Researchers want to know if free-range eggs...
In each of the following scenarios, i. Identify whether the data are paired or independent. ii....
In each of the following scenarios, i. Identify whether the data are paired or independent. ii. Consider whether a design that produces the “other type” of two-sample data might be preferable (for example, if the data are paired, consider whether a design that produces independent data might be preferable). If so, briefly describe the alternative study design. If not, briefly explain why the design presented in the question statement is preferable. For each scenario, limit your description/explanation to at most...
For each of the following scenarios determine if a single sample mean z test, single sample...
For each of the following scenarios determine if a single sample mean z test, single sample mean t test, paired samples t test, or independent means t test should be conducted. Explain why that procedure is appropriate A. In the population of American adults, is the mean body temperature different from 98.6 degrees Fahrenheit? Data were collected from a sample of 40 American adults.  [3 points] B. Do PSY 298 students score differently on the Module 5 and Module 6 quizzes?...
Which type of hypothesis test would we use to analyze data from the following scenarios? Why?...
Which type of hypothesis test would we use to analyze data from the following scenarios? Why? (Choose from paired t-test, 2-sample t-test, ANOVA, or Chi-square test) A researcher wants to know if there is an association of gender (male, female) and eye color (brown, blue, grey, green). Which test would he use to determine if gender and eye color are independent in his data set? A business owner wants to determine if her seminar is effective in training new employees....
A researcher would like to determine the average score on achievement tests among high school seniors...
A researcher would like to determine the average score on achievement tests among high school seniors attending Boulder High. A sample of n=100 students is selected and each student takes the test. The average score of the sample is 44 with an estimated standard deviation of 12 (this was estimated from the sample). Test the null hypothesis that the population mean of Boulder High students is actually 40. Note that the t-critical value for this degree of freedom is +/-...
Which of the following scenarios represent random sampling without replacement? (I) We visit a farmer's market...
Which of the following scenarios represent random sampling without replacement? (I) We visit a farmer's market and ask a vendor for three apples from a crate. The vendor picks three apples and gives them to us. (II) Each student in a class rolls a die. Those students who get a 6 are selected to complete a special survey. (III) Each day at a hospital, ten patients are randomly selected from all patients who had an appointment that day. This study...
Each of the following scenarios would be described with a regression analysis. State the response variable,...
Each of the following scenarios would be described with a regression analysis. State the response variable, The explanatory variable (S), if any. Be sure to state units were appropriate. We would like to explain the annual salary over employees (in thousands of dollars) which data showing their years of experience and education level (high school, college, or graduate degree). We own a pizza franchise and have data regarding a city’s median income (in dollars), average number of individuals for household,...
In the following case, determine and explain if we can interpret ?? as the causal effect...
In the following case, determine and explain if we can interpret ?? as the causal effect of the relevant ? variable on ?. A random sample of students at a University are surveyed and data is collected on their high-school score and whether they have enrolled in any mathematics course during their time at the University. The following model is estimated ???ℎ??????? = ?0 + ?1????? + ?2??? + ? Here, the variable ???ℎ??????? captures whether the student enrolled in...
Determine whether each of the following scenarios is a regression, classification, or clustering problem. We run...
Determine whether each of the following scenarios is a regression, classification, or clustering problem. We run an ecommerce website, and we want to: a. Predict whether a particular customer is likely to buy a particular product b. Predict the maximum price a particular customer would be willing to pay for a particular product c. Find customers with similar buying habits We run a website that links to news articles from several different newspapers, and we want to: d. Group together...
2. For each of the following scenarios, determine which market model best describes the scenario. Then...
2. For each of the following scenarios, determine which market model best describes the scenario. Then identify the number of firms, the type of product, and the ease with which new firms can enter the market under this market structure. a. Hundreds of colleges serve millions of students each year. The colleges vary by location, size, cost, and educational quality, which enables students to match schools to their diverse preferences b. Dozens of companies produce plain white socks. The standard...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT