User Account

All Pages

Data for a random sample of banks

Assignment Help Basic Statistics
Reference no: EM131501214

The following data for a random sample of banks in two cities represent the ATM fees for using another? bank's ATM. Compute the range and sample standard deviation for ATM fees for each city. Which city has the most dispersion based on? range? Which city has more dispersion based on the standard? deviation?

City A 1.00  1.00 1.50 1.00 1.00

City B 2.00 1.25 1.25 0.00  2.00

The standard deviation for city A is ______

?(Round to the nearest cent as? needed.)

The standard deviation for city B is ______

?(Round to the nearest cent as? needed.)

Which city has the most dispersion based on? range?

  • City? B, because it has a lower range.
  • City A?, because it has a higher range.       
  • City B?, because it has a higher range.
  • City? A, because it has a lower range.

Which city has the most dispersion based on standard? deviation?

  • City B?, because it has a higher standard deviation.
  • City? B, because it has a lower standard deviation.
  • City? A, because it has a lower standard deviation
  • City A?, because it has a higher standard deviation.

Reference no: EM131501214

Questions Cloud

Estimators for the population variance : There are two estimators for the population variance with different levels of bias and variance.
How did the face of black america change in the media : How did the face of black America change in the media and the arts in the late 1970's and 1980's? You can include musicians, TV shows, and more.
List the numbers that correspond : List the numbers that correspond to the 25 clients selected. Explain how you got the answer.
In what ways is the scientific method superior : Compare the criteria of the scientific method with everyday decision making. In what ways is the scientific method superior? Is it inferior in any way?
Data for a random sample of banks : The following data for a random sample of banks in two cities represent the ATM fees for using another? bank's ATM.
Identify five organizations that collect health care data : Identify at least 5 organizations that collect health care data. Explain the importance of organizing and evaluating data in a health care setting.
Develop a null and alternative hypothesis : Develop a null and alternative hypothesis for the following situation: Chips Inc. claims that there are more than 25 chips in their bags
Mean times turtles hid in shells : Develop a 95% confidence interval of the the mean times turtles hid in their shells.
Describes cultural identifiers discussed in given articles : Describes the cultural identifiers discussed in the articles. How future teachers and students are affected by the identified cultural identifier(s).

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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