Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Q1. Show that for a sample of n = 39, the smallest and largest Z values are - 1.96 and + 1.96, and the middle (i.e., 20th) Z value is 0.00.

Q2. The data in the file spending represent the per-capita spending, in thousands of dollars, for each state in 2004. Decide whether the data appear to be approximately normally distributed by:

A. Comparing data characteristics to theoretical properties.
B. Constructing a normal probability plot.

Q3. For a population containing N=902 individuals what code number would you assign for

(a)The first person on the list?
(b) The fortieth person on the list?
(c)The last person on the list?

Q4. Prenumbered sales invoices are kept in a sales journal.The invoices are numbered from 0001 to 5000.

(a) beginning in row 16,column 1,and proceeding horizontally in Table E.1,select a sample of 50 invoice numbers.

(b) select a systematic sample of 50 invoice numbers. Use the random numbers in row 20,columns 5-7 ,as the starting point for your selection.

(c) Are the invoices selected in (a) the same as those selected in(b)?why or why not?

Q5. The diameter of a brand of ping-pong ball is approximately normally distributed, with a mean of 1.30 inches and a standard deviation of 0.04 inch. If you select a random sample of 16 ping-pong balls,

(a) What is the sampling distribution of the mean?
(b) What is the probability that the sample mean is less than 1.28 inches?
(c)what is the probability that the sample mean is between 1.31 and1.33 inches?
(d) The probability is 60% that the sample mean is between will be between what two values, symmetrically distributed around the population mean?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9957815
  • Price:- $40

Priced at Now at $40, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

You hold a stock with price 100 that can increase by 10 or

You hold a stock with price $100 that can increase by 10% or decrease by 10% m a year. The interest rate is 5% a) Suppose that you want to ensure that you'll get a minimum of $I00 in a year regardless of the evolution of ...

Lets assume that your tuition not including books and

Let's assume that your tuition (not including books and supplies) for this semester is $7500. If you are taking 5 courses, and each class meets 3 hours a week, what are you paying per hour for your classes? (A typical co ...

If we believe the percent to be 75 how many police officers

If we believe the percent to be 75%, how many police officers must we survey to estimate the proportion of officers who graduated from a police academy if we want to ensure we can be 90% we are within 2% of the true prop ...

A 20-year canada bond with an 8 semi-annual coupon is

A 20-year Canada bond with an 8% semi-annual coupon is currently selling at par ($1,000) and the probability distribution of its yield to maturity (YTM) a year from now is as follows: State of Economy Probability YTM (%) ...

There are 5 women and 8 men in a department how many ways

There are 5 women and 8 men in a department. How many ways can a committee be selected if there must be 2 men and 2 women on the committee? Number of ways to select a committee containing 2 men and 2 women is

Based on labornbspstatisticsnbsp12 nbspof workers in a

Based on labor? statistics, 12 % of workers in a particular profession are male. Complete parts a through e below based on a random sample of 8 workers in this profession. a.  What is the probability that exactly one wor ...

A lot contains 15 items and 6 are defective if two items

A lot contains 15 items and 6 are defective. If two items are drawn at random from the lot, without replacement, what is the probability there is exactly one non-defective? (Hint: You have to use both Multiplication and ...

A recent study found that 64 of workers between the ages of

A recent study found that 64?% of workers between the ages of? 20-29 cash out their retirement accounts when they lose their jobs or move to a new employer. Complete parts a through e below based on a random sample of 14 ...

Given the following partial relative frequency

Given the following partial relative frequency table Republican Democrat Independent Male 0.174 0.124 0.178 Female 0.126 0.106 ? Compute P(Republican | Male), and enter your answer with 3 decimal places. show working ple ...

A car gets involved in an accident 80 of the time if it is

A car gets involved in an accident 80% of the time if it is defective. If it is not defective, the probability reduces to 40%. 30% of all cars are defective. If a car is involved in an accident, what is the probability t ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As