Question

Obs # Age Obs # Age Obs # Age Obs # Age Obs # Age 1...

Obs #

Age

Obs #

Age

Obs #

Age

Obs #

Age

Obs #

Age

1

2019

11

2019

21

1976

31

2019

41

2006

2

1998

12

2019

22

2013

32

2018

42

2013

3

2019

13

2019

23

2019

33

2019

43

1982

4

1995

14

1980

24

1994

34

1997

44

2019

5

2018

15

2019

25

1979

35

2015

45

1988

6

2011

16

2016

26

1974

36

2019

46

2019

7

1974

17

1998

27

1984

37

2019

47

1999

8

1999

18

2018

28

2017

38

2019

48

2019

9

2017

19

2017

29

2019

39

2019

49

2001

10

2012

20

2015

30

2019

40

1986

50

2005

We Know Coinz Ltd., a national numismatic organization, believes that the average age of pennies in circulation is greater (older) than that of the average age of quarters in circulation. They have estimated the average age of quarters in circulation to be approximately 16.75 years. Use the confidence interval you have created to answer the question: Is the average age of pennies in circulation greater than the estimated average age of quarters? Explain.

Homework Answers

Answer #1

answer is attached below:

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
The following data contains monthly U.S. domestic air miles traveled during the years 1970-2004 , determine...
The following data contains monthly U.S. domestic air miles traveled during the years 1970-2004 , determine the trend and seasonality for the years 1995-2004 and Try both additive and multiplicative models and for the multiplicative model, use only one constraint: the average of seasonal indices set to 1 Year Month DATA 1970 1 9764490 1970 2 8163943 1970 3 9875362 1970 4 9289053 1970 5 10029494 1970 6 11821707 1970 7 12630952 1970 8 13495546 1970 9 10283314 1970 10...
When will the world reach zero growth rate? 1964 5.068 1965 5.05     1966 4.997 2007...
When will the world reach zero growth rate? 1964 5.068 1965 5.05     1966 4.997 2007 2.553 1967 4.974 2008 2.542 1968 4.92 2009 2.524 1969 4.85 2010 2.508 1970 4.771 2011 2.492 1971 4.662 2012 2.484 1972 4.533 2013 2.468 1973 4.405 2014 2.461 1974 4.285 2015 2.452 1975 4.155 2016 2.439 1976 4.041 1977 3.94 1978 3.849 1979 3.781 1980 3.722 1981 3.666 1982 3.637 1983 3.603 1984 3.572 1985 3.542 1986 3.505 1987 3.461 1988 3.406 1989...
Perform a hypothesis testing using Kendall’s Tau method to check if the distribution of peak flows...
Perform a hypothesis testing using Kendall’s Tau method to check if the distribution of peak flows does not change as a function of time. Data is below please show step by step. I will rate afterwards. Year Peak Flow 1947 15500 1948 27400 1949 27500 1950 43000 1951 19100 1952 17600 1953 15800 1954 8600 1955 9950 1956 35400 1957 34700 1958 37000 1959 26000 1960 27000 1961 42300 1962 26300 1963 41600 1964 50500 1965 15500 1966 6710 1967...
A. Use the three- and seven-term moving averages to generate one-step ahead forecasts for 1981 to...
A. Use the three- and seven-term moving averages to generate one-step ahead forecasts for 1981 to the end of the series. Graph the results, and comment on the difference between the two moving averages. B. Compare the performance of the two procedures by calculating the RMSE and MAE. Why is Mape inappropriate in this case? Please show to do this in excel, I am having a difficult time understanding how this is done. Year GDP Growth 1963 4.4 1964 5.8...
1. It has been suggested that global warming may increase the frequency of hurricanes. The table...
1. It has been suggested that global warming may increase the frequency of hurricanes. The table given below shows the number of major Atlantic hurricanes recorded annually before and after 1990. before 1995 after 1995 year # of storms year # of storms 1976 2 1996 6 1977 1 1997 1 1978 2 1998 3 1979 2 1999 5 1980 2 2000 3 1981 3 2001 4 1982 1 2002 2 1983 1 2003 3 1984 1 2004 6 1985...
test the hypothesis that Florida has been the dominant orange-producing state in the US historically (e.g....
test the hypothesis that Florida has been the dominant orange-producing state in the US historically (e.g. conduct an upper tailed test for Florida compared to the total US values excluding Florida (column F)). Assume a z-distribution Year FLORIDA Non-Florida 1970 137.7 48.07 1971 142.3 47.13 1972 137 54.45 1973 169.7 54.96 1974 165.8 50.41 1975 173.3 64.51 1976 181.2 61.58 1977 186.8 56.15 1978 167.8 52.32 1979 164 46.6 1980 206.7 66.93 1981 172.4 72.18 1982 125.8 50.89 1983 139.6...
While Florida obviously has the upper hand in terms of production, California claims that they have...
While Florida obviously has the upper hand in terms of production, California claims that they have the upper hand in terms of productivity. test this hypothesis Year CALIFORNIA FLORIDA 1978 226 290 1979 199 287 1980 320 358 1981 357 301 1982 233 225 1983 429 260 1984 274 246 1985 299 247 1986 309 324 1987 335 319 1988 342 363 1989 332 377 1990 408 276 1991 143 360 1992 371 315 1993 363 381 1994 344 341...
Part 1 John, the supply chain director, explains to the management team that product availability does...
Part 1 John, the supply chain director, explains to the management team that product availability does not only depend on production capacity, but also on proper DC operations. The company has one DC in Kansas that has the potential to face disruptions due to natural phenomena (usually tornadoes). John has gathered data from past 52 years on how many times a year the DC has faced disruptions and had to stop its operations (Table 1). Table 1: Number of disruptions...
Year       Diagnosed       Deaths 1981       319                    &
Year       Diagnosed       Deaths 1981       319                         121 1982       1170                       453 1983       3076                       1482 1984       6240                       3466 1985       11776                    6878 1986       19032                    11987 1987       28564                    16162 1988       35447                    20868 1989       42674                    27591 1990       48634                    31335 1991       59660                    36560 1992       78530                    41055 1993       78834                    44730 1994       71874                    49095 1995       68505                    49456 1996       59347                    38510 1997       47149                    20736 1998       38393                    19005 1999       25174                    18454 2000       25522   ...
Calculate the contemporaneous correlation coefficient between M3 velocity and real GDP. Based on this correlation coefficient,...
Calculate the contemporaneous correlation coefficient between M3 velocity and real GDP. Based on this correlation coefficient, is velocity procyclical, countercyclical, or acyclical? STATISTICS CANADA FED. RESERVE BANK OF ST.LOIUS DATABASE v62295562 NOMINAL GDP GDP inplicit price deflator M3 Canada Quarterly v62295562 CANGDPDEFQISMEI MABMM301CAQ189S Q1 1981 354784 42.6981111563270 204311333333.333000 Q2 1981 366788 43.6610414619373 207984000000.000000 Q3 1981 371560 44.6289982488560 216848000000.000000 Q4 1981 375352 45.2908438640580 218082333333.333000 Q1 1982 381676 46.6083169696692 217479333333.333000 Q2 1982 385140 47.5798005714623 219886000000.000000 Q3 1982 388116 48.3739589515175 222330333333.333000 Q4 1982...