Reference no: EM13785160 
                                                                               
                                       
1. When the owner of a small business  reviews her list of contracts for 2011, she finds that 35% of the  contracts were from clients she met at a large conference at the end of  2010. Answer the following questions about this situation.
A. Was  this measurement obtained by a sample or a census? What words in the  description of the situation make you confident that your answer is  correct?
B. Should the owner have taken into account some measure of reliability associated with the value 35%.
2. Assume that the number of sales per day of an app in the Apple iOS App Store is normally distributed.
a. What two parameters of the  distribution would you need to be able to determine the probability of  sales on a particular day exceeding 100 units?
b. If the probability of sales exceeding  100 units is 20% and the mean daily sales is 86 units, then what is the  standard deviation of the distribution?
3. A health inspector at a restaurant will enter the kitchen and choose 5 stations to inspect from a predetermined list of 15 stations present in most restaurant kitchens.
a. How many different sets of 5 stations exist?
b. If all sets are equally likely, what is the probability of each set?
c. If the inspector were instead to randomly select 13 stations to inspect, how many different sets of 13 stations would exist? 
d. If all sets were equally likely, what is the probability of each set?
4. The company policy for customer  service reps gives time off for positive reviews. If, in the first 20  calls a customer service agent handles in a day, 13 or more elect to  take a subsequent survey and rate the service as "excellent" then the  company gives the agent his or her final hour of work that day off,  paid. Ellie receives excellent reviews from 30% of the calls in the  first 7 hours of a workday, on what percentage of her 8 hour workdays  does Ellie get the final hour off?
5. Since careful records have begun  being kept in January, Eric's small business has delivered the following  quantities of flowers throughout town.
|   | January | February | March | April | May | June | July | August | 
| Small Bouquets | 85 | 34 | 26 | 24 | 43 | 29 | 30 | 19 | 
| Large Bouquets | 23 | 64 | 27 | 18 | 33 | 23 | 20 | 13 | 
Assuming the data is normally  distributed, construct two separate 90% confidence intervals, one for  the number of deliveries of small bouquets in September and one for the  number of large bouquets in September.
6. The following are data values of variables x and y
| x | 5 | 4 | 3 | 6 | 9 | 8 | 10 | 
| y | 7 | 8 | 10 | 5 | 2 | 3 | 1 | 
Construct a scatter diagram of  the data points and plot the least squares regression line on it. Find  the least squares regression line. Show all of your work