Assets again Here are the same data you saw in Exercise | StudySoup

Textbook Solutions for Stats: Data and Models

Chapter 4 Problem 49E

Question

Problem 49E

Assets again Here are the same data you saw in Exercise after re-expressions as the square root of assets and the logarithm of assets:

a) Which re-expression do you prefer? Why?

b) In the square root re-expression, what does the value 50 actually indicate about the company’s assets?

c) In the logarithm re-expression, what does the value 3 actually indicate about the company’s assets?

Exercise

Fruit flies Researchers tracked a population of 1,203,646 fruit flies, counting how many died each day for 171 days. Here are three timeplots offering different views of these data. One shows the number of flies alive on each day, one the number who died that day, and the third the mortality rate—the fraction of the number alive who died. On the last day studied, the last 2 flies died, for a mortality rate of 1.0.

a) On approximately what day did the most flies die?

b) On what day during the first 100 days did the largest proportion of flies die?

c) When did the number of fruit flies alive stop changing very much from day to day?

Solution

Step 1 of 3

a) The second re-expression using log, because the first is left-skewed, while the second is symmetric.

 

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Title Stats: Data and Models  4 
Author Richard D. De Veaux, Paul F. Velleman, David E. Bock
ISBN 9780321986498

Assets again Here are the same data you saw in Exercise

Chapter 4 textbook questions

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