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The following frequency table summarizes the ages of 100 shoppers at the local grocery store. Compute the sample variance and standard deviation for this data set. Please show your work in Excel.
Age of the shopper Frequency15-25 1525-35 3035-45 2545-55 1555-65 1065-75 5
Let x be a random variable that represents a test score. What is the lowest score that would still place a student in the top 40% of the scores?
At the .05 significance level, is the number of units produced on the afternoon shift larger?
Would you use a one-tailed or two-tailed test? Explain your response.
Sixty-four students in an introductory college economics class were asked how many credits they had earned in college, and how certain they were about their choice of major.
The lifetimes of light bulbs of a particular type are normally distributed with a mean of 370 hours and a standard deviation of 5 hours. What percentage of bulbs has lifetimes that lie within 1 standard deviation of the mean on either side?
Plot a scatter diagram of the results with Depth of Water as the independent variable.
A manufacturer of dodge balls uses a machine to inflate its new balls to a pressure of 13.5 pounds (σ =0.1). When the machine is properly calibrated, the mean inflation pressure s 13.50 pounds, but uncontrollable factors can cause the pressure of ..
The prices (in dollars) for a sample of roundtrip flights from Chicago, Illinois to Cancun, Mexico are listed. Find the mean, median, mode, range, Q1, Q2, variance, and standard deviation of the flight prices.
Suppose that the mean of the annual return for common stocks from 2000 to 2012 was 8.5%, and the standard deviation of the annual return was 25.2%.
Using goodness-of-fit test and.01 level of significance, find out whether accidents are evenly distributed all through the day. Write a short description of your conclusion.
State the correct decision and give justification for your decision.
A pharmaceutical company has developed a screening test for a rare disease that afflicted 2% of the population. Unfortunately, the reliability of this test is only 80%, which means that 20% of the tested will get a false positive.
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