Reference no: EM131008317
Student loans can add up, especially for those attending professional schools to study in such areas as medicine, law, or dentistry. Researchers at the University of Washington studied medical students and gave the following information on the educational debt of medi- cal students on completion of their residencies (Annals of Internal Medicine [March 2002]: 384-398):
Educational Debt (dollars) Relative Frequency
0 to 5000
|
.427
|
5000 to 20,000
|
.046
|
20,000 to 50,000
|
.109
|
50,000 to 100,000
|
.232
|
100,000 or more .186
a. What are two reasons that you could not use the given information to construct a histogram with the educational debt intervals on the horizontal axis and relative frequency on the y-axis?
b. Suppose that no student had an educational debt of $150,000 or more upon completion of his or her residency, so that the last class in the relative frequency distribution would be 100,000 to 150,000. Summarize this distribution graphically by constructing a histogram of the educational debt data. (Don't forget to use the density scale for the heights of the bars in the histogram, because the interval widths aren't all the same.)
c. Based on the histogram of Part (b), write a few sentences describing the educational debt of medical students completing their residencies.
Considered to be an offer
: Considered to be an offer, the offeror may reject any time before acceptances, the offeree is free to reject or accept
|
Regression model to predict february charges
: a) Build a regression model to predict February charges from January charges. b) How much, on average, will cardholders who charged $2000 in January charge in February?
|
What is the amount of cash laroe paid to suppliers
: What is the amount of cash LaRoe paid to suppliers of merchandise during the reporting period if its cost of goods sold was $25 million?
|
Preventing promissors from raising legal defenses
: Protects persons who rely on the promises of others by preventing promissors from raising legal defenses to the enforcement of their promises despite the fact that technically, no enforceable contract exists;exact elements: a promise made by a promis..
|
Summarize distribution graphically by constructing histogram
: Suppose that no student had an educational debt of $150,000 or more upon completion of his or her residency, so that the last class in the relative frequency distribution would be 100,000 to 150,000. Summarize this distribution graphically by cons..
|
Jack is a licensed real estate agent
: Jack is a licensed real estate agent. Sally must leave immediately for a new job overseas and enters into a written agreement with Jack for him to sell her townhouse in Subiaco for the best price obtainable within one month. She tells Jack that she..
|
Interval for the average fuel efficiency
: Create a 95% confidence interval for the average fuel efficiency among cars weighing 2500 pounds, and explain what your interval means.
|
Sherriane baby products salaries expense
: Prepare a summary entry that represents the net effect of salaries expense incurred and paid during the reporting period.
|
What are your thoughts on tort reform in the united states
: What are your thoughts on tort reform in the United States? Should there be a limit on the amount of damages able to be recovered?
|