Computing percentages of funds-bienayme-chebyshev rule

Assignment Help Basic Statistics
Reference no: EM1320789

Q1) Consider population of 1,024 mutual funds which mainly invested in companies. It is determined that m, mean one-year total percentage return achieved by all funds, is 8.20 and s, standard deviation, is 2.75. Additionally, assume it is determined that range in one-year total return is from -2.0 to 17.1 and that quartiles are, respectively, 5.5(Q1) and 10.5(Q3). According to empirical rule, what percentage of these funds is expected to be

i) Within ±1 standard deviation of mean?

ii) Within ±2 standard deviation of mean?

iii) According to Bienayme-Chebyshev rule, what percentages of these funds are likely to be within ±1 standard deviation of mean?

iv) According to Bienayme-Chebyshev rule, what percentages of these funds are likely to be within ±2 standard deviation of mean?

v) According to Bienayme-Chebyshev rule, what percentages of these funds are likely to be within ±3standard deviation of mean?

vi) According to Bienayme-Chebyshev rule, at least 93.75% of these funds are likely to have one-year total returns between what two amounts?

2) Calculate mean and standard deviation for population data in table below. Mention your suppositions and illustarte all calculations,

Distance

Frequency

0 to 5

4

5 to 10

15

10 to 15

27

15 to 20

18

20 to 25

6

Reference no: EM1320789

Questions Cloud

Calculate potential financial implication : Develop a plan to calculate potential financial implications for a nationwide company of your choice. Provide a scenario in which a break-even sales analysis for reactive pricing would be the best option for a company.
Macroeconomists focus on just a few key statistics : Why do you think macroeconomists focus on just a few key statistics when trying to understand the health also trajectory of an economy.
Subnet mask and ip addresses : Which subnet mask would they utilize? How many IP addresses would they have per subnet?
Sample findings-estimate the true mean : Based on the sample findings, estimate the true mean of Saturday sales with 90% probability.
Computing percentages of funds-bienayme-chebyshev rule : According to Bienayme-Chebyshev rule, what percentages of these funds are likely to be within ±2 standard deviation of mean?
Assume the bills have the chance to offer : Assume the Bills have the chance to offer a season ticket that is good for all eight home games, a partial season ticket that is good.
Average value of sales : The manager is concerned that sales are slipping, after taking into account the average value of sales for four consecutive Saturdays being $4800.
Identifying the information security problem : In relation to the project management tools, discuss and give two examples or scenarios in order to demonstrate how the work breakdown structure could recognize and plan an information security problem or issue in the organisation.
Lump sum tax cause the after tax consumption schedule : Does a lump sum tax cause the after tax consumption schedule to be flatter than the before tax consumption schedule.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Explain how many cars would required to go

Explain how many cars would required to go by the speed trap to be 99.8% sure which at least one driver will warm oncoming traffic of the speed trap.

  Determining probability of having type o blood

Select a US citizen and a citizen of China at random, independently of one another. Determine the probability that both have type O blood?

  Test for a single population proportion

At the 5% level of significance, does this result support the conjecture?

  Method of acceptance sampling

Probability that the entire batch will be rejected?

  Level of confidence and sample size

When the level of confidence and sample size remain the same, a confidence interval for a population proportion π will be __________ when p(1-p) is larger than when p(1-p)   is smaller.

  Determining confidence interval for estimating dtata

Determine the 95% confidence interval for your estimate what data have you utilized as the basis of your predictions what suppositions have you made.

  Standard error of the difference between two proportions

The results of a recent poll on the preference of shoppers regarding two products are shown below.

  Annova-meaning of population

In ANOVA, which of the following is not affected by whether or not the population means are equal?

  Last week tom had exams in statistics

Give an ending for the below statement.Last week Tom had exams in Statistics and in English. He scored 10 points above the mean on both exams. From this information, you can conclude.

  Make up a scatter diagram

Make up a scatter diagram with 10 dots for each of the following:

  Use the binomial distribution formula to calculate

Privacy Are your finances, buying habits, medical records, and phone calls really private? A real concern for many adults is that computers and Internet are reducing privacy. A survey conducted by Peter D.

  Bayes theorem concept

What is the probability that he completed the assignments?

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