Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

The company financial officer was interested in the average cost of PCs that had been purchased in the past six months. A random sample of the price of 10 computers was taken with the following results (mean = $3,213):

$3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000

What is the 90th percentile?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M93131662
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

In this question are you just using the empirical ruleyou

In this question are you just using the empirical rule? You know that your population is normally distributed with a mean of 100 and a standard deviation of 15. Using the empirical rule as a rough approximation, what is ...

Your companys revenues were 3 million this year you paid

Your company's revenues were $3 million this year. You paid out $500,000 in salaries and your only other cash outflow was the purchase of a piece of construction equipment for $1 million that is to be depreciated to a ze ...

A travel analyst claims that the mean room rates at a

A travel analyst claims that the mean room rates at a three-star hotel in Chicago is greater than $152. In a random sample of 36 three-star hotel rooms in Chicago, the mean room rate is $165 with a standard deviation of ...

Doctoral assistant ships of phd students 50 have paid

Doctoral assistant ships of Ph.D students 50% have paid assistant ships. a random sample of n=200 students is chosen.. based on this sample and using the properties of the binomial distribution, what is the approximate s ...

Assume that a firm could borrow 100 billion dollars the

Assume that a firm could borrow 100 billion dollars. The most straightforward value from the leveraged recapitalization that people would estimate is the present value of interest tax shield. Assume the cost of debt is 0 ...

A set of score has a mean of mu 63 and a standard

A set of score has a mean of μ = 63 and a standard deviation of σ = 8. If these scores are standardized so that the new distribution has μ = 50 and σ = 10, what new value would be obtained for a score of X = 59 from the ...

On valentines day thenbspquiet nooknbsprestaurant offers

On Valentine's Day the  Quiet Nook  restaurant offers a  Lucky Lovers Special  that could save couples money on their romantic dinners. When the waiter brings the check he also brings a scratch-off ticket that the couple ...

Calculate the cash and accounting break even point selling

Calculate the cash and accounting break even point. selling price $745, Variable cost $445 extra expense of $170,000 per on rent, $160,000 per year on utility plus additional of initial outlay of $120,000 in furniture (4 ...

Ryan braun has just tested positive for gorilla growth

Ryan Braun has just tested positive for Gorilla Growth hormone. You are his lawyer. Given the following information, do you think you could get him off? Explain your reasoning. P(positive test | drug use) = 0.99 P(positi ...

According to geico less than 25 of auto accidents involve

According to GEICO less than 25% of auto accidents involve teenagers. According to Maryland records 100 of 500 auto accidents involved teenagers. Using a 0.05 significance level, answer the following: a. What is the appr ...

  • 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