Data represent the number of appointments

Assignment Help Business Economics
Reference no: EM132117747

The following data represent the number of appointments made per 15-minute interval by telephone solicitation for a lawn-care company. Assume these are population data.

Number of Appointments    Frequency of Occurrence

0-under 1                                        31

1-under 2                                        57

2-under 3                                        26

3-under 4                                        14

4-under 5                                         6

5-under 6                                         3

Calculate the median.  (Round your answer to 3 decimal places.)

Calculate the variance. (Round your answer to 4 decimal places.)

Calculate the standard deviation (Round your answer to 4 decimal places.)

Reference no: EM132117747

Questions Cloud

Find the probabilities : Among 15 electrical components exactly 4 are known not to function properly. If 8 components are randomly selected, find the following probabilities:
Develop a chart of descriptive characteristics for children : Develop a chart of descriptive characteristics for children with various disabilities. Include at least 6 characteristics for each of the disability categories.
Why governments may want to regulate the price setting : Explain how and why governments may want to regulate the price setting of a natural monopoly. (Answer the following question ensuring that you apply economic).
Discuss the key features of each market structure : Discuss the key features of each market structure such as number of sellers, type of product, entry conditions. Using diagrams, explain short run and long run.
Data represent the number of appointments : The following data represent the number of appointments made per 15-minute interval by telephone solicitation for a lawn-care company.
The theories of intelligence proposed by thurstone : Compare and contrast the theories of intelligence proposed by Thurstone, Cattell and Horn, Sternberg, and Gardner.
What type of good is a broadcast television or radio signal : Broadcast television and broadcast radio send out signals that can be received by an infinite number of receivers without reducing the quality of the reception.
Dimensions of descriptive statistics : Student assessment results from formal, standardized assessment tools are often statistically based and can be very difficult for families to understand.
What is the probability of having two girls : What is the probability of having two girls and one boy in a three-child family if the probability of having a boy is .5?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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