What are characteristics of the standard normal distribution

Assignment Help Algebra
Reference no: EM131104000

PROBABILITY

Question 1:

(a) What are the characteristics of the standard normal distribution? (b) The HR department of an organization collects data on employees' age, salary, level of education, gender, and ethnicity. Which data do you think is more likely to follow a normal distribution? Explain why.

Question 2:

Learning Team Collaborative Discussion: Probability

Resource: Case Study 5.2 in Chapter 5 of Essentials of Business Statistics

Calculate the requested probabilities for items 1-3.

Discuss your findings for the probabilities.

• Identify the smoking trend from 1997-2007.
• Explain whether this is a discrete, continuous, or conditional probability.
• Explain how probabilities help you understand trends in data.

Recommend steps related to smoking behavior based on this trend.

Case Study 5.2

According to figures released by the New York City government, smoking among New York City teenagers is on a decline, continuing a trend that began more than a decade ago (The New York Times, January 2, 2008). According to the New York City Youth Risk Behavior Survey, the teenage smoking rate dropped to 8.5% in 2007 from about 17.6% in 2001 and 23% in 1997. City officials attribute the lower smoking rate to factors including a cigarette tax increase, a ban on workplace smoking, and television and subway ads that graphically depict tobacco-related illnesses.

In a report, use the above information to

1. Calculate the probability that at least one in a group of 10 New York City teenagers smoked in 2007.

2. Calculate the probability that at least one in a group of 10 New York City teenagers smoked in 2001.

3. Calculate the probability that at least one in a group of 10 New York City teenagers smoked in 1997.

4. Comment on the smoking trend between 1997 and 2007.

Reference no: EM131104000

Questions Cloud

Prepare a schedule of cash collections : a. Prepare a schedule of cash collections for May through July. b. Compute the expected balance in Accounts Receivable as of July 31.
Are we certain that a decrease in the tax rate on interest : Are we certain that a decrease in the tax rate on interest earned from saving will increase the quantity of saving? Explain.
A short solenoid with n turns per unit length has diameter d : A short solenoid with n turns per unit length has diameter D & length L = 8D/15 & carries a constant current I. The magnetic field B at a point P on the axis of the solenoid at a distance H = 2D/3 from its near end.
Numbers tell you about the future of spot prices : Assignment: Download some futures prices with at least 6 expirations, and 6 call option prices on the same underlying. Data are available, for example, from the CME-NYMEX website. Then answer the following questions. 1)
What are characteristics of the standard normal distribution : What are the characteristics of the standard normal distribution? The HR department of an organization collects data on employees' age, salary, level of education, gender, and ethnicity.
The maximum number of shares you can buy : Carson Corporation stock sells for $77 per share, and you've decided to purchase as many shares as you possibly can. You have $43,000 available to invest. What is the maximum number of shares you can buy if the initial margin is 60 percent?
Social form of wealth in capitalist societies : The first sentence of Capital says that commodities are the social form of wealth in capitalist societies. What does Marx mean by "social form of wealth"? What, by contrast, would the content of wealth be?
What will happen to the amount of apples : What will happen to the amount of apples and oranges that you choose to consume? Explain.
Write a research paper about suicide : Write a research paper about Suicide. Complete the following assignment by filling in all pertinent areas of research. You will need to utilize SPSS for this assignment. You may complete this assignment using the variables and topic.

Reviews

Write a Review

Algebra Questions & Answers

  How do we interpret o(3n)

Suppose we are given the following programming segment - How do we interpret O(3n)

  Definitions of equation-inequalities and slopes

Define the term equation and then explain what it means to solve an equation. Give an example of an equation and its solution. Explain why it is the solution.

  Word problems on exponential function

Word problems on exponential function

  Detailed explanation to nash equilibrium

Does either player have a dominant strategy? Is there a Nash equilibrium in this game? Explain. Why is this game called a cooperative game?

  Graph the equation

Graph the equation.

  If 13 kilogram of fish costs 35 pesoshow much will 2 and 12

variation1 if 13 kilogram of fish costs 35 pesoshow much will 2 and 12 kilograms of fish cost?2 at 40 for every 12 kg

  Solve the algebraic equation

Solve the algebraic equation.

  Find equations for the horizontal and vertical asymptotes

Find equations for the horizontal and vertical asymptotes

  What would the objective function constraints be

The sum of three integers is 15. The middle integer is 1 more than twice the smallest. The larger integer is 4 times the smallest. Use a system of equations to find the three integers.

  Which year had the greatest number of stray cats

Which year had the greatest number of stray cats? Between which two years did the greatest increase in the number of stray cats occur?

  Find a tangent line with a specific property

For any point (x,f(x)) on the graph of f, let (x+h,f(x+h)) be another point on the graph of f, where h [cannot]= 0 . The slope of the (secant) line joining the two points (x,f(x)) and (x+h,f(x+h)) can be simplified to the form A/(sqrt(7x+6))+(sqrt..

  Simplify enter the expression in simplest

simplify.6a44a6-a2-7a-7a3-6a25a-4a6enter the expression in simplest form. 6a44a6-a2-7a-7a3-6a25a-4a6

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