Determine the oil reserves of the countries around the world

Assignment Help Basic Statistics
Reference no: EM13944175 , Length:

Question:

Please have someone that is really good at statistics complete this work. thanks in advance.

Write a 1,000 word APA formatted paper applying the information learned in this week''s material to a past, current, or future job (apply some statistical concept to your job). Include at least two references. In addition, complete and include the following problems.

Question 1: Provide two examples each of nominal, ordinal, and interval data.

Nominal -Barcodes and social security numbers

Ordinal - On a scale of 1 - 5 how much pain are you experiencing 1 would be the extreme pain 5 would be no pain.

How satisfied are you with our customer service on a scale from 5 to 1 the most satisfied would be 5 the least satisfied would be 1

Interval Data - The difference between 29 and 30 degrees is the same magnitude as the difference between 78 and 79 (although I know I prefer the latter).

Question 2:  For each of the following examples of data, determine the type.

a. the weekly closing price of the stock of Amazon.com

b. the month of highest vacancy rate at a LaQuinta motel? Ordinal

c. the size of soft drink (small, medium, orlarge) ordered by a sample of McDonald's customers. Interval

d. the number of Toyotas imported monthly by the United States over the last 5 years

e. the marks achieved by the students in a statistics course final exam marked out of 100

Question 3: When will the world run out of oil? One way to judge is to determine the oil reserves of the countries around the world. The next table displays the known oil reserves of the top 15 countries. Graphically describe the figures.

Country Reserves
Angola 25,000,000,000
Canada 1 78,900,000,000
China 1 8,260,000,000
Iran 1 33,300,000,000
Iraq 11 2,500,000,000
Kazakhstan 26,000,000,000
Kuwait 96,500,000,000
Libya 40,000,000,000
Mexico 33,310,000,000
Nigeria 36,000,000,00
Russia 69,000,000,000
Saudi Arabia 262,700,000,000
United Arab Emirates 97,800,000,000
United States 22,450,000,000
Venezuela 75,590,000,000

Question 4: The following table lists the averageoil consumption per day for 1 5 countries.

Use a graphical technique to present these figures. ConsumptionCountry (barrels per day)

Brazil 2,1 00,000
Canada 2,1 93,000
China 6,391 ,000
France 2,060,000
Germany 2,677,000
India 2,320,000
Italy 1 ,874,000
Japan 5,578,000
South Korea 2,1 68,000
Mexico 1 ,752,000
Russia 2,800,000
Saudi Arabia 1 ,775,000
Spain 1 ,544,000
United Kingdom 1 ,722,000
United States 20,030,000

Question 5: The number of items rejected daily by amanufacturer because of defects was recorded forthe past 30 days. The results are as follows.

4 9 1 3 7 5 8 1 2 1 5 5 7 3
8 1 5 1 7 1 9 6 4 1 0 8 22 1 6 9
5 3 9 1 9 1 4 1 3 1 8 7

a. Construct a histogram.
b. Construct an ogive.
c. Describe the shape of the histogram.

Question 6: A large investment firm on Wall Street wants to review the distribution of ages of its stockbrokers. The firm believes that this information can be useful in developing plans to recruit new brokers. The ages of a sample of 40 brokers are shown here.
46 28 51 34 29 40 38 33 41 52
53 40 50 33 36 41 25 38 37 41
36 50 46 33 61 48 32 28 30 49
41 37 26 39 35 39 46 26 31 35
a. Draw a stem-and-leaf display.
b. Draw a histogram.
c. Draw an ogive.
d. Describe what you have learned.

Question 7: The amount of time (in seconds) needed to complete a critical task on an assembly line was measured for a sample of 50 assemblies.

These data are as follows:

30.3     34.5     31 .1    30.9     33.7

31 .9    33.1     31 .1    30.0     32.7

34.4     30.1     34.6     31 .6    32.4

32.8     31 .0    30.2     30.2     32.8

31 .1    30.7     33.1     34.4     31 .0

32.2     30.9     32.1     34.2     30.7

30.7     30.7     30.6     30.2     33.4

36.8     30.2     31 .5    30.1     35.7

30.5     30.6     30.2     31 .4    30.7

30.6     37.9     30.3     34.1     30.4

a. Draw a stem-and-leaf display.

b. Draw a histogram.

c. Describe the histogram.

Question 8: The major networks compete to broadcast the summer and winter Olympic games. The first winter games were broadcasted in 1 960 from Squaw Valley. The following table lists the amounts spent by the winning network.

Year Site Network Price 
($millions)


1 960 Squaw Valley CBS 0.39
1 964 Innsbruck ABC 0.6
1 968 Grenoble ABC 2.5
1 972 Sapporo NBC 6.4
1 976 Innsbruck ABC 1 0.0
1 980 Lake Placid ABC 1 5.5
1 984 Sarajevo ABC 91 .5
1 988 Calgary ABC 309
1 992 Albertville CBS 243
1 994 Lillehammer CBS 300
1 998 Nagano CBS 375
2002 Salt Lake City NBC 545
2006 Turin NBC 61 3

Draw a chart to describe these prices paidby the networks.

Reference no: EM13944175

Questions Cloud

Describe the rationale for your project : It must include a statement of the problem or opportunity that is the aim of your project. It must describe the rationale for your project, why you wish to carry out this research and the benefits that will accrue from its successful conclusion.\
Confidence interval for the mean weight : Find a 99.9% confidence interval for the mean weight of all bumblebee bats at the following confidence levels (two places after decimal):(______, ______)
What are the costs and benefits of belonging : What are the costs and benefits of belonging to a single currency union such as the European Monetary Union?
What are the elements of an all-hazards approach to protecti : Part 1Using your course materials and your own research, discuss the following topics: What are the elements of an all-hazards approach to protection and preparedness at the national level of government, and what primary efforts have been taken to es..
Determine the oil reserves of the countries around the world : Draw a chart to describe these prices paidby the networks - How satisfied are you with our customer service on a scale - Construct a histogram.
Develop a plan to implement strategy for integration of ict : You are to develop a plan to implement a strategy for integration of ICT in your teaching for better student learning outcomes. Your plan should indicate how you will use contemporary and emerging technologies and pedagogy.
Organizational structure preface : A leader's job is to create a direction for the company to move forward. After setting the vision and mission for the company the leader must establish an organizational structure that promotes the vision. Various factors must be looked at in creatin..
What are the major issues in using per capital : What are the major issues in using per capital GDP or GNP as a country segmentation criterion?
Confidence interval and report the lower bound : A 2009 sample of New York hotel room prices had an average of $273. Assume this was from a sample of 48 hotels. Assume also that the known standard deviation for the room rates is $72. Construct a 99% confidence interval and report the lower bound..

Reviews

Write a Review

Basic Statistics Questions & Answers

  A researcher claims that the standard deviation of the ages

q1 a researcher claims that the standard deviation of the ages of cats is smaller than that for dogs. a random

  Charge flowed from battery when capacitors placed in series

Fully charge a 0.330 mF and a 0.650 mF capacitor when they are placed in parallel? How much charge flowed from the battery when the capacitors are placed in series?

  Chi square test of independence and test for goodness

In a sample of 64 patients, suppose that 47 showed allergic reduced reaction and 17 show increased reaction. Are these results sufficient to conclude a significant effect?

  Data about statistics - hypothesis testing

A CEO of a large pharmaceutical company would like to determine if he should be placing more money allotted in the budget next year for television advertising of a new drug marketed for controlling asthma.

  What null hypothesis if population standard deviations equal

Tthere is evidence that the two processes yield different average errors. Assume that the population standard deviations are equal. What is the null hypothesis?

  Mean amount of coffee to be dispensed

You can allow the cup to overfill 4% of the time. What amount should you set as the mean amount of coffee to be dispensed?

  Identify the appropriate test and test the claim

At the 5% level do the data provide sufficient evidence to conclude that the mean time served for fraud is less than that for firearms offenses? Identify the appropriate test and test the claim using the traditional method at the 0.05 level of sig..

  A control chart for fraction nonconforming indicates that

a control chart for fraction nonconforming indicates that the current process average is 0.03. the sample size is

  What is the null hypothesis and expected value

A sociologist wanted to determine whether there was a difference in the amount of time children aged 5-7 spent watching tv. what is the null hypothesis? Find the expected value.

  Supermarket probability problem

The supermarket is open 16 hours per day. What is the probability that the total number of customers who enter the supermarket in one day is greater than 10,000?

  Discuss confidence interval-population proportion

Based on its 1999 survey, Student Monitor reports that 20% of U.S. college students used the Internet for job hunting during the month preceding the survey.

  Compute the slope of the ols regression line

The correlation between the two variables is 0.4. Hourly earnings are regressed on years of education. What is the slope of the OLS regression line?

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