Econ 5: Section Problem Set 1 All problems come from Newbold/Carlson - Statistics for Business and Economics, 8/e. (1) A number of questions were posed to a random sample of visitors to a London tourist information center. For each question below, describe the type of data obtained. (a) Are you staying overnight in London, and if so, where? (b) How many times have you visited London previously? (c) Which of the following attractions have you visited? Tower of London Buckingham Palace Big Ben Covent Garden Westminster Abbey (d) How likely are you to visit London again in the next 12 months? (1) unlikely (2) likely (3) very likely? (2) The Statistical Abstract of the United States provides a reliable and complete summary of statistics on the political, social, and economic organization of the United States. The following table gives a partial list of the number of endangered wildlife species both inside and outside the United States as of April 2010 (Table 383, Statistical Abstract of the United States 2011): Item Endangered Wildlife Species in the United States Endangered Wildlife Species outside the United States Mammals 70 255 Birds 76 182 Reptiles 13 66 Amphibians 14 8 Fishes 74 11 SOURCE: U.S. Fish and Wildlife Service. http://www.census.gov/compendia/statab/cats/geography_environment.html (accessed February 12, 2011). (a) Construct a bar chart of the number of endangered wildlife species in the United States. (b) Construct a bar chart of the number of endangered wildlife species outside the United States. (c) Construct a bar chart to compare the number of endangered species in the United States to the number of endangered species outside the United States. (3) Determine an appropriate interval width for a random sample of 110 observations that fall between and include each of the following: (a) 20 to 85 (b) 30 to 190 (c) 140 to 500 (4) A supervisor of a plant kept records of the time (in seconds) that employees needed to complete a particular task. The data are summarized as follows: (Hint: This problem requires no calculus, algebra, or even arithmetic; just a little thinking.) Time 30 - 40 40 - 50 50 - 60 60 - 80 80 - 100 100 - 150 Number 10 15 20 30 24 20 (a) Graph the data with a histogram. (b) Discuss possible errors.