How many of the students in the sample study between

Assignment Help Finance Basics
Reference no: EM131145841

In a random sample of 150 community college students, the mean number of hours spent studying per week is 11.7 hours and the standard deviation is 4 hours.

a) Find the standard score (z-score) for students who study the following hours in a particular week. Round Z to the nearest hundredth and interpret the meaning of each answer as it pertains to this problem.

b) Assuming the distribution of the number of hours community college students study per week is normally distributed, approximately how many of the students in the sample study between 7.7 and 15.7 hours per week?

c) Assuming the distribution of the number of hours community college students study per week is normally distributed, approximately how many of the students in the sample study less than 3.7 hours per week?

d) Without assuming anything about the distribution of the number of hours community college students study per week, at least what percentage (approximately) of the students study between 5.3 and 18.1 hours per week?

e) Without assuming anything about the distribution of the number of hours community college students study per week, at most what percentage of the students study less than 3.7 hours or more than 19.7 hours per week?

Reference no: EM131145841

Questions Cloud

Calculate investment as a percentage of gdp for each year : Go to Table B-2 of the Economic Report of the President and collect data on real GDP and real gross domestic investment for the period 1992 to 2000. Calculate investment as a percentage of GDP for each year. What happened to investment over the pe..
Which aicpa code applies to all members : The AICPA code of professional conduct begins with the preface which applies to all members, and the code is presented in 3 parts: This part is applied to the members who practice the profession in the public area
Was this an observational study or an experiment : Almond vs. dark chocolate A statistics student wondered whether the color distribution for Almond M&M's candies is the same as for Dark Chocolate Peanut M&M's. Was this an observational study or an experiment? Explain.
What is the natural rate of unemployment : Suppose that the markup of prices over costs increases to 10%. What happens to the natural rate of unemployment? Explain the logic behind your answer.
How many of the students in the sample study between : Find the standard score (z-score) for students who study the following hours in a particular week. Round Z to the nearest hundredth and interpret the meaning of each answer as it pertains to this problem. Assuming the distribution of the number of ho..
Describe key difference between isa and us auditing standard : What efforts is the Auditing Standards Board making to clarify auditing standards? Describe the five key differences between ISA's and US Auditing Standards.
How can you write covered calls : You have inherited some stock from a wealthy relative.- How can you write covered calls and minimize the likelihood of exercise?
Discuss what are the lessons to be learned about motivation : Using three motivation theories/frameworks covered in this course, discuss what are the lessons to be learned about motivation from the practices of NUMMI
What is your own reservation wage : Relative to your reservation wage at the time you accept each job, which job pays more: your first one or the one you expect to have in 10 years?

Reviews

Write a Review

Finance Basics Questions & Answers

  Common shares outstanding on january 1 50000 shares july 1

assume the following facts for the current yearcommon shares outstanding on january 1 50000 shares july 1 2-for-1

  The bonds originally were sold at were their face value of

seven year ago goodwynn amp wolf incorporated sold a 20-year bond issue with a 14 annual coupon rate and a 9 call

  Lease financing

The Clarkton Company produces industrial machines, which have five-year lives. Clarkton is willing to either sell the machines for $30,000 or lease them at a rental that because of competitive factors yields an after-tax return to Clarkton of 6% (its..

  Concern regarding royalty income

What is a potential concern regarding royalty income from a retiring musician that may need to be addressed? What investment class (equity, fixed income, real estate etc.) do the royalty payments mimic? Why?

  Jessica wants to accumulate 15000 by the end of 6 years in

jessica wants to accumulate 15000 by the end of 6 years in a special bank account which she had opened for this

  What is the mean for the log price relative

1. The mean rate of return on a stock is estimated at 20% while the volatility is 40%: The risk free interest rate is 5%: What is the mean for the log price relative?

  Describe some alternatives measures of a firm''s performance

Performance Measures. Describe some alternatives measures of a firm's overall performance. What are their advantages and disadvantages? In each case discuss what benchmarks you might use to judge whether performance is satisfactory?

  What is the difference in the effective annual rates charged

Rima's Bank offers to lend you the $50,000, but it will charge 6.0%, simple interest, with interest paid at the end of the year. What's the difference in the effective annual rates charged by the two banks?

  What will be the outcome of investing in the eu market

What will be the outcome of investing $100 in the EU market with a forward Cover (sale)? Is there an arbitrage opportunity? If so, which way will the arbitrage capital move?

  Directors about the organization direction

Imagine you are an executive for BP, JP Morgan or, GoldMan Sacs, and you are preparing a presentation for the board of directors about the organization's direction.

  What should the offer price be

J&J Foods wants to issue some 7 percent preferred stock that has a stated liquidating value of $100 a share. The company has determined that stocks with similar characteristics provide a 12.8 percent rate of return.

  What is the potential savings in interest expense

what is the potential savings in interest expense if the firm achieves the industry for the turnover of its inventory?

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