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Suppose that the average annual salary for a worker in the United States is $30,000 and that annual salaries for Americans are normally distributed with a standard deviation equal to $7,000. Determine the following:
A) What percentage of Americans earn below $22,000?
B) What percentage of Americans earn above $42,000?
The heights of children 2 years old are normally distributed with a mean of 32 inches and a standard deviation of 1.5 inches. Pediatricians regularly measure the heights of toddlers to determine whether there is a problem.
Flu cases this past season in the Oshkosh school system were about 15 per week. For the entire state, the weekly average is 16 and the standard deviation, 2.35.
The company statistician has reported the mean number of man-hours lost per month but did not keep a record of the total sum. Should the manager order the study repeated to obtain the desired information? Explain your answer clearly.
Assume gasoline prices for a region are normally distributed. do the data you obtain provide enough evidence to reject the claim? use 1% level of significance.
If only one bolt is chosen, determine the probability that it will be found defective for only 1 reason (that is. it is either too large or has poor workmanship, but not both.)
Find out optimal assignment and calculate total minimum cost.
Make a scatter plot of Y and X1 using Word. To do this click on insert and then chart. Click on X Y (Scatter). Enter the data from the table.
Using a level of significance of .10, is there evidence that the population mean weight of the candy bars is greater than 7.3? Fully explain your answer.
The sample mean of the accounts is found to be y-bar = $94.22, and the sample variance is equal to $455.21. Estimate mu and place a bound on the error of estimation.
In a recent study of incomes in Allegheny county in Pennsylvania it was found that distribution of family incomes is skew to the right. what can we say about the relationship between mean and median?
The price of XYZ Corporation stock is normally distributed all through the year with mean of $42.00 per share and a standard deviation of $2.25 per share. Suppose that the stock is traded 240 days out of the year.
Given the following data on hotel check-ins for a 6-month period:
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