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Many families in California are using backyard structures for home offices, art studios, and hobby areas as well as for storage. Suppose the mean price for a customized wooden, shingled backyard structure is $3100 with a standard deviation of $1200. Also assume that the prices for these types of structures is approximately bell-shaped (Normal).
a) Between what two prices would you expect to find 95% of the structures?
b) Approximately what percentage of the structures would you expect to cost between $1900 and $4300?
c) The cost of one of my neighbor's structures was $8100. Would you consider this an outlier? Explain.
Imagine you are a manager at a major bottling company. Customers have begun to complain that the bottles of the brand of soda produced in your company contain less than the advertised sixteen (16) ounces of product.
In carrying out a study on views of capital punishment, a student asked a question 2 ways:
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Construct a scatterplot for the (x, y) values below, and answer the following questions. What would be the slope of this regression line?
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Assume that the histogram for Math SAT scores is symmetric and concentrated about 450. Estimate the percent of students who score higher than 650 of the Math SAT.
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