User Account

All Pages

Average income for workers in canada

Assignment Help Basic Statistics
Reference no: EM131064437

If the average income for workers in Canada (in 2010) is 32,200 CAD and the standard deviation is 47,000 CAD. What does this say about the distribution (of income)? Is it normally distributed? Why or why not? What conclusion can you make from this?

Reference no: EM131064437

Questions Cloud

Probability of selecting a jury of all students : The grade appeal process at a university requires that a jury bestructured by selecting 6 individuals randomly from a pool of 6 students and 13faculty . (a) What is the probability of selecting a jury of all students?
Which civilization had the most fortifications : Which civilization had the most fortifications?
Practical aspects of knowledge : There are no right or wrong answers to this discussion and it should not be a list of course topics. Rather focus on the practical aspects of this knowledge gained and its usefulness to you. How has it changed your thinking?
Normal distribution with a standard deviation : Young people, ages 13-24, spend an average of μ = 22.2 hours a week online. Assume the time spent online has a normal distribution with a standard deviation of σ = 6.45 hours a week.
Average income for workers in canada : If the average income for workers in Canada (in 2010) is 32,200 CAD and the standard deviation is 47,000 CAD. What does this say about the distribution (of income)? Is it normally distributed? Why or why not? What conclusion can you make from this..
Estimate the average number of defects per board : Estimate the average number of defects per board, and place a bound on the error of estimation.
How does the technology actually work : WHAT are the implications for teaching and learning? How might this topic influence what schools or universities (or even businesses) do with instruction or training?
Calculate average round-trip travel distance and travel time : Calculate the average round-trip travel distance and travel time for each zone. ite recommendations for an influential association of homeowners and businesses and describe the advantages of the travel cost method over other methods.
What is the estimated cost of newly issued common stock : XYZ estimates that if it issues new common stock, the flotation cost will be 15%. XYZ incorporates the flotation costs into the DCF approach. What is the estimated cost of newly issued common stock, considering the flotation cost?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find probablitly that truck drives at least miles in a day

The mileage per day is distributed normally. Find the probablitly that a truck drives at least 133 miles in a day. Round your answer to 4 decimal places.

  Probability of stock market

Over the 48 years from 1950 through 1997, the stock market has gone up in the month of January for 31 times; it has gone up for the whole year for 36 times, and it has gone up both for the year and in January for 29 times.

  What are some other difference between test for independent

what are some other difference between test for independent groups and t test for matched groups? do they both use the

  In a test of weight loss programs 198 subjects were divided

in a test of weight loss programs 198 subjects were divided such that 33 subjects followed each of 6 diets. each was

  Determining population parameters

Identify the population parameter of interest in the survey. Give a point estimate of the population parameter. Set up H0 and Ha for testing whether the true percentage of TV viewers who find cable news to be better quality than network news differs..

  Probability that out of 3 people, 2 were born in same month

What is the probability 2 of more randomly selected senators have the same birthday (100 senators).

  1 a random sample of size 49 is drawn from a population

1. a random sample of size 49 is drawn from a population with a standard deviation of 11. if only 18 of the time a

  What is probability that industry will locate in both cities

What is the probability that the industry will locate in both cities and in neither city?

  Determining z-score and normal distribution

A large population of metal rods have an average diameter of .943 inches with a standard deviation of .001 inches. The engineering specification for the rods requires that they be between .941 and .944 inches.

  Derive explicit formulas for the mse of the estimators

Construct a distribution to represent the population such that the survey result above may be seen as a sample from the population.

  Why will some numbers come up more frequently than others

There is a very famous distribution that describes the frequency of the number of times a number comes up in a series of dice rolls, what is its name?

  Sample and the mean of the population

If it is determined that there is no difference between the population mean being represented by the sample and the mean of the population at large, then:

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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