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Full download Statistics for Management and Economics 11th Edition Keller Solutions Manual all chapter 2024 pdf
Full download Statistics for Management and Economics 11th Edition Keller Solutions Manual all chapter 2024 pdf
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Chapter 6
6.1 a Relative frequency approach
b If the conditions today repeat themselves an infinite number of days rain will fall on 10% of the next days.
6.5 a P(even number) = P(2) + P(4) + P(6) = 1/6 + 1/6 + 1/6 = 3/6 = 1/2
b P(number less than or equal to 4) = P(1) + P(2) + P(3) + P(4) = 1/6 + 1/6 + 1/6 +1/6 = 4/6 = 2/3
c P(number greater than or equal to 5) = P(5) + P(6) = 1/6 + 1/6 = 2/6 = 1/3
6.7a P(Adams loses) = P(Brown wins) + P(Collins wins) + P(Dalton wins) = .09 + .27 + .22 = .58
b P(either Brown or Dalton wins) = P(Brown wins) + P(Dalton wins) = .09 + .22 = .31
c P(either Adams, Brown, or Collins wins) = P(Adams wins) + P(Brown wins) + P(Collins wins)
= .42 + .09 + .27 = .78
6.8 a {0, 1, 2, 3, 4, 5}
b {4, 5}
c P(5) = .10
d P(2, 3, or 4) = P(2) + P(3) + P(4) = .26 + .21 + .18 = .65
e P(6) = 0
6.10 P(Contractor 1 wins) = 2/6, P(Contractor 2 wins) = 3/6, P(Contractor 3 wins) = 1/6
6.11 a {Shopper pays cash, shopper pays by credit card, shopper pays by debit card}
b P(Shopper pays cash) = .30, P(Shopper pays by credit card) = .60, P(Shopper pays by debit card) = .10
c Relative frequency approach
6.12 a P(shopper does not use credit card) = P(shopper pays cash) + P(shopper pays by debit card)
= .30 + .10 = .40
b P(shopper pays cash or uses a credit card) = P(shopper pays cash) + P(shopper pays by credit card)
= .30 + .60 = .90
6.17 a .619
b .381
c .0435
d .245
6.18 {Very safe, Somewhat safe, Somewhat unsafe, Very unsafe, Not sure}
6.19a .17
b .45
c .12
P( B1 ) = .1 + .3 + .2 = .6, P( B 2 ) = .2 + .1 + .1 = .4.
P(A 2 and B1 ) .3
b P ( A 2 | B1 ) = = = .43
P ( B1 ) .7
c Yes. It is not a coincidence. Given B1 the events A1 and A 2 constitute the entire sample space.
P( A 1 and B 2 ) .2
6.23 a P( A 1 | B 2 ) = = = .67
P( B 2 ) .3
P(A1 and B2 ) .2
b P( B 2 | A1 ) = = = .33
P(A1 ) .6
c One of the conditional probabilities would be greater than 1, which is not possible.
c P( A1 or A 2 ) = P(A 1 ) + P(A 2 ) = .6 + .4 = 1
6.28 P( A1 ) = .15 + .25 = .40, P( A 2 ) = .20 + .25 = .45, P( A 3 ) = .10 + .05 = .15.
P( A 2 and B 2 ) .25
6.29 a P( A 2 | B 2 ) = = = .455
P(B 2 ) .55
P( A 2 and B 2 ) .25
b P( B 2 | A 2 ) = = = .556
P(A 2 ) .45
c P(credit card or debit card) = P(credit card) + P(debit card) = .47 + .36 = .83
6.35 The events are dependent because P(he has lung disease) = .15, P(he has lung disease | he is a smoker) = .387
d (a) is the joint probability and (b) and (c) are conditional probabilities
b No, because P(above average) = .27 + .24 = .51, which is not equal to P(above average testosterone | murderer).
events are independent and thus, the ads are not effective.
6.59
6.60
6.61
6.62
6.63
6.64
6.65 a & b
c 0 right-handers 1
1 right-hander 3
2 right-handers 3
3 right-handers 1
d P(0 right-handers) = .001
P(1 right-hander) = 3(.009) = .027
P(2 right-handers) = 3(.081) = .243
P(3 right-handers) = .729
6.66a
b P(RR) = .8091
c P(LL) = .0091
d P(RL) + P(LR) = .0909 + .0909 = .1818
e P(RL) + P(LR) + P(RR) = .0909 + .0909 + .8091 = .9909
6.67a
P(0 right-handers) = (10/100)(9/99)(8/98) = .0007
P(1 right-hander) = 3(90/100)(10/99)(9/98) = .0249
P)2 right-handers) = 3(90/100)(89/99)(10/98) = .2478
P(3 right-handers) = (90/100)(89/99)(88/98) = .7265
6.68
6.69
P(sale) = .04
6.70
6.71
6.73
6.75
6.77
6.78 Let A = mutual fund outperforms the market in the first year
B = mutual outperforms the market in the second year
P(A and B) = P(A)P(B | A) = (.15)(.22) = .033
6.82
6.83 Number saying leaving is a bad thing = 630(.62) + 590(.74) + 480(.57) = 1100.8
P(bad thing) = 1100.8/(630 + 590 + 480) = .6475
6.88 P(A and B) = .32, P(AC and B) = .14, P(B) = .46, P(BC) = .54
P(A and B) .32
a P(A | B) = = = .696
P(B) .46
P( A C and B) .14
b P(AC | B) = = = .304
P ( B) .46
6.89
6.91 Define events: A = crash with fatality, B = BAC is greater than .09)
P(A) = .01, P(B | A) = .084, P(B) = .12
P(A and B) = (.01)(.084) = .00084
P(A and B) .00084
P(A | B) = = = .007
P(B) .12
P(CFA I and passed) .228
6.92 P(CFA I | passed) = = = .327
P(passed) .698
6.95 Define events: A = smoke, B1 = did not finish high school, B 2 = high school graduate, B3 = some college, no
The law and the prophets both abound with plain declarations
entirely subversive of the rabbinic doctrine of human merit. But it has
pleased God, besides these plain and repeated declarations, to
ordain a public and solemn act to instruct even the most ignorant,
and to convince the most obstinate, that by human merit there is no
salvation. He commanded that, once every year, an atonement
should be made by the high-priest, for himself, and for all the people
of every class and degree.
וכפר את מקדש הקודש ואת אהל מועד ואת המזבח יכפר ועל הכהנים ועל כל עם
הקהל יכפר ׃
“And he shall make an atonement for the holy sanctuary, and he
shall make an atonement for the tabernacle of the congregation, and
for the altar; and he shall make an atonement for the priests and for
all the people of the congregation.” (Levit. xvi. 33.) Now this
ordinance implies, that all Israel, the high-priest, the priests, and the
people, are all sinners, all need an atonement; and, therefore, utterly
annihilates all idea of justification by merits. If Israel could have been
justified either by their own merits, or by the merits of their
forefathers, the solemn act of annual atonement would have been
superfluous. But if this atonement be necessary,—and if it were not,
why did God appoint it—then there is no room for the assertion of
human merits. But the truth is, as we have already seen, that the
rabbies felt that their doctrine was insufficient to quiet the awakened
conscience, and gladly fled to any refuge that they could discover; it
is no wonder then that they have clung with uncommon tenacity to
the shadow of that hope that was held out in the law of Moses. In
spite of their doctrine of merit, they are glad to have even the
appearance of a day of atonement to reconcile them to the Almighty.
It is true they have no high-priest and no sacrifice, yet so convinced
are they of the need of an atonement, that rather than confess that
they have absolutely none, they teach that repentance and the day
itself will atone for all sin:—
, בזמן הזה שאין בית המקדש קיים ואין לנו מזבח כפרה אין שם אלא תשובה
התשובה מכפרת על כל העבירות אפילו רשע כל ימיו ועשה תשובה באחרונה אין
שנאמר רשעת הרשע לא יכשל בה ביום שובו, מזכירין לו שום דבר מרשעו
ועצמו של יום הכפורים מכפר לשבים שנאמר כי ביום הזה יכפר עליכם ׃, מרשעו
“At this time, when there is no temple, and we have no altar, there is
no atonement but repentance. Repentance atones for all
transgressions, yea, though a man be wicked all his days, and
repent at last, none of his wickedness is mentioned to him, for it is
said, ‘As for the wickedness of the wicked, he shall not fall thereby,
in the day that he turneth from his wickedness.’ (Ezek. xxxiii. 12.)
The Day of Atonement itself also atones for them that repent, for it is
said, ‘For on that day he shall make an atonement for you.’ Lev. xvi.
30.” (Hilchoth T’shuvah, c. i. 2.) This is the last refuge of Jewish
hope, and we, therefore, propose to consider, whether it is a refuge
on which a reasonable man may hazard his hope of salvation? No
man of sense would hazard his life or his property upon a statement,
of which one part contradicted the other; and such is the statement
which we have just read. It first tells us, that in this present time
“There is no atonement but repentance,” and that “Repentance
atones for all transgressions;” and yet, immediately after, it adds, that
“The Day of Atonement itself atones for them that repent.” Now the
latter assertion contradicts the former. If the Day of Atonement, as is
here asserted, be necessary to atone for the penitent, then it is not
true, that repentance atones for all sins. But if repentance atones for
all sins, then when a man repents, his sins are forgiven, and then the
Day of Atonement is not necessary. There is here, therefore, a
palpable contradiction, and it cannot be safe to trust to a hope at
variance with itself. But, secondly, as the two parts of which this
statement is composed, contradict each other, so each of them is
contrary to the law of Moses. The first of them is, that “Repentance
atones for all transgressions;” but if so, then the atonement
prescribed by Moses is useless, in fact, it is no atonement at all.
Moses says, that the two goats were appointed by God for the
atonement, but here it is said, that repentance is, in itself, sufficient.
If this be true, if repentance can now atone for sins, without any
sacrifice, why did Moses appoint such an useless, and even cruel
rite, as the taking away the lives of poor innocent animals? If
repentance be sufficient now, it was sufficient always, and then it
follows, that God commanded what was useless. But if the
appointment, the slaying of one goat, and the sending the other,
laden with the sins of the people, into the wilderness, was necessary
formerly to procure forgiveness of sins, it must be equally necessary
now: unless the rabbies will take upon them to assert, that God is an
arbitrary and changeable master, who, to forgive sins, at one time,
requires what at another time he does not require. That the slaying
of one goat, and the sending away of the other was once absolutely
necessary, no man can deny. Moses prescribes it so plainly, that if
there be one thing more plain than another, it is this, that when the
Jews were in their own land, repentance was not a sufficient
atonement for sins. Indeed, Rambam himself says:—
שעיר המשתלח מכפר על כל עבירות שבתורה הקלות והחמורות בין שעבר בזדון
בין שעבר בשגגה בין שהודע לו בין שלא הודע לו הכל מתכפר בשעיר המשתלח
והוא שעשה תשובה אבל אם לא עשה תשובה עין השעיר מכפר לו אלא על
הקלות ׃
“The goat that was sent away atoned for all the transgressions
mentioned in the law, whether light or grave. Whether a man
transgressed presumptuously or ignorantly, consciously or
inconsciously, all was atoned for by the goat that was sent away, if a
man repented. But if a man did not repent, then the goat atoned only
for the light offences.” (Hilchoth T’shuvah, ibid.) We do not agree
with the whole of this doctrine, but we cite it to show, that formerly
repentance was not a sufficient atonement for sins, but that besides
repentance, the goat, as appointed by God, was also necessary. And
we infer, that as an atonement, besides repentance, was once
necessary, it is necessary still, unless the rabbies will affirm that God
has changed his mind, and abrogated the law of Moses. If