Calculate standard deviation of ages of uninsured

Assignment Help Basic Statistics
Reference no: EM13136814

An insurance company recently conducted a survey of citizens over 60 years of age whose net worth is too high to qualify for Medicaid and have no private health insurance. The ages of 25 uninsured senior citizens were as follows:

60 61 62 63 64 65 66 68 68 69 70 73 73 74 75 76 76 81 81 82 86 87 89 90 92

a) calculate the arithmetic mean age of the uninsured senior citizens to the nearest hundredth of a year
b) identify the median age of the uninsured senior citizens
c) identify the first quartile of the ages of the uninsured senior citizens
d) identify which if the following is the correct statement
1) one fourth of the senior citizens sampled are below 65.5 years of age
2) the middle 50% of the senior citizens sampled are between 65.5 and 73.0 years of age
3) the average age of senior citizens sampled is 73.5 years of age
4) all of the above are correct
e) calculate the standard deviation of the ages of the uninsured senior citizens correct to the nearest hundredth of a year.

Reference no: EM13136814

Questions Cloud

Create a report and accompanying graph : Create a report and accompanying graph using Tableau 8.0 or a pivot table that lists by region, sub region, business segment and model for all the road bicycles in order of the total sales for years 2002, 2003 and 2004 and comment on key trends and p..
Poverty and market policies : How can a market still leave some people in a suboptimal economic situation? Is poverty a market failure or a negative externality? If poverty is a market failure,
How many moles of naf must be dissolved : How many moles of NaF must be dissolved in 1.00 liter of a saturated solution of PbF2 at 25 °C to reduce the Pb2+ to 1 x 10-6 molar?
Considering a new capital investment : Upper Darby Park Department is considering a new capital investment. The following information is available on the investment. The cost of the machine will be $200,000.
Calculate standard deviation of ages of uninsured : Calculate the standard deviation of the ages of the uninsured senior citizens correct to the nearest hundredth of a year.
Robust justifications for hiring new police officers : Include at least two (2) robust justifications for hiring new police officers. The justification should anticipate the key questions that the chief executive and council will likely ask.
Amount of the low-income housing credit : Chris spends $800,000 to build a qualified low-income housing project, which is placed in service on January 1, 2005. He financed the project using his personal funds. What is the amount of the low-income housing credit that Chris may claim in 200..
What will be the ending accounts payable balance : Homeville Inc. has a sales budget for next month of $800,000. Cost of goods sold is expected to be 25 percent of sales. All goods are purchased in the month used and paid for in the month following purchase.
How many millimoles of non-limiting reactant will be unused : If iron is oxidized to Fe2+ by a copper(II) sulfate solution, and 0.704 grams of iron and 12.6 mL of 0.581M copper(II) sulfate react to form as much product as possible,

Reviews

Write a Review

Basic Statistics Questions & Answers

  Compute value of the test statistic and the p-value

Determining whether or not the proportion of the population in favor of Candidate A is significantly more than 80%. The value of the test statistic and the p-value respectively are?

  Approximate probability regarding regional bar association

According to the regional bar assoc., 60% of people who take the bar exam pass. Find the approximate probability that at least 61% of 200 randomly selected people taking the bar will pass. Round to three decimal places as needed.

  Description of regression equation

The following data represent the number of weed-eaters sold per month at a local garden shop and their prices

  Question on multiple regression statistics

Estimated sales resulting from a $15,000 investment in inventory and an advertising budget of $10,000. Interpret b1 and b2 in this estimated regression equation.

  Determine mean and variance

A commuter travels many miles to work each morning. She has timed this trip 5 times throughout the last month. The time (in minutes) required to make this trip was 44, 39, 41, 35, and 41.

  Compute expected value of perfect information

The consultant has offered to share their analysis with your company for a fee of $25.0 million. What is the Expected Value of Perfect Information in this scenario?

  Prediction of sat by regression approch

The correlation between IQ and the verbal SAT score among the seniors at GWB High School is .90; it is significant. The mean IQ is 100 with a standard deviation of 10.

  Determining critical path using adm-pert analysis

Project was estimated by using ADM/PERT analysis. Due to extensive length of project many activities were combined; Following is the result.

  Relationship between the mean and median

In each of the following scenarios, which would be larger, the mean or median, or would the mean and median be about the same? Provide reasoning--think about the shape of the histogram for the data and how the shape would affect the relationship b..

  Statistics-chebyshev rule

According to the Chebyshev rule, at least what percentage of the observation in any data set are contained within a distance of 3 standard deviations around the mean.

  Find the value of x bar for entire sample

Observations was x ¯ = 119.8 (actually 119.7692), and the 14th observation, somewhat of an outlier, was 158. What is the value of x ¯ for the entire sample?

  Create program to store quiz grades for students

You were hired to do the development work for the local high school. The school has asked you to create a program to store quiz grades for the students of a class.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd