A set of 10 data values has a mean and median of 1425 and

Assignment Help Basic Statistics
Reference no: EM13575992

A set of 10 data values has a mean and median of $1,425 and ranges from a minimum value of $987 to a maximum value of $1,945. Later, we discover that the $1,945 value was mis-recorded and should have been $2,945. Find the corrected values for the mean and median.

Reference no: EM13575992

Questions Cloud

If income tax expense for the current year was 50600 and : cash flows from operating activities - direct methodthe cash flows from operating activities are reported by the direct
Assume that the population standard deviation is know to be : a random sample of 200 college students taken by this researcher showed that these adults spend an average of 13.75
Use the data evaluate aggregate production planning using : the question is given belowcornwell glass produces replacement automobile glass for all makes of cars. cornwell has a
Any financing needed will be raised through the sale of : percent of sales tomey supply companys financial statements for the most recent fiscal year are shown below. the
A set of 10 data values has a mean and median of 1425 and : a set of 10 data values has a mean and median of 1425 and ranges from a minimum value of 987 to a maximum value of
What is capital budgeting why are capital budgeting : what is capital budgeting? why are capital budgeting decisions crucial to the long-run financial health of a business
The mean duration of television commercials on a given : the mean duration of television commercials on a given network is 75 seconds with a standard deviation of 20 seconds.
Financial year jackson ltd sell inventory to action ltd at : financial year jackson ltd sell inventory to action ltd at a sales price of 700 000. the inventory cost jackson ltd 420
Manilow corporation operates in an industry that has a high : manilow corporation operates in an industry that has a high rate of bad debts. before any year-end adjustments the

Reviews

Write a Review

Basic Statistics Questions & Answers

  Draw the scatter diagram for this data

Find out the slope, b, and the intercept, a, for the least-squares line. Write the equation of the least squares line.

  Find out the forecast value utilizing three month

Find out  the forecast value utilizing three month moving average method, weighted moving average method, exponential smoothing and regression methods.

  Best predicted iq of the wife

What is the best predicted IQ of the wife, given that the husband has an IQ of 105 ? Use a significance level of 0.05.

  Students seeking treatment at the school infirmary

Suppose that 1% of all the students seeking treatment at the school infirmary have mono. Of the students who do have mono, 90% complain of a sore throat. Of the students who do not have mono, 30% also have sore throats.

  Hypothesis tests which make up a two factor anova

The structure of a two factor study can be presented as a matrix with levels of one factor determining the rows and the levels of the second factor determining the columns. With this structure in mind, describe the mean differences that are evalua..

  Calculating the trimmed mean for each sample

How to calculate the trimmed mean for each sample by deleting the smallest and largest observation and then corresponding trimming percent ages.

  Mean price of textbooks

This is a test regarding two dependent samples. There is sufficient evidence to conclude that the mean price of textbooks is lower at seller A.

  Information about find the probability

The amount of corn chips dispensed into a 10 ounce bag by the dispensing machine has been identified at possessing a normal distribution with a mean of 10.5 ounces and a standard deviation of .2 ounces.

  Determining florida lottery

In the Florida lottery, six numbers from 1 to 53 must be selected. to win the jackpot, the six numbers must match the draw numbers.

  Chi-square test statistic and table value

The calculated chi-square test statistic and the table value for a 0.05 significance level are:

  Determining normal distribution and standard deviation

Determine the probability that a randomly selected exam will have a score of at least 71? What percentage of exams will have scores between 89 and 92?

  Conclusion on assembly time using the new method

Using the .10 level of significance, can we conclude that the assembly time using the new method is faster?

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