What is the range of maintenance costs

Assignment Help Basic Statistics
Reference no: EM132434507

Complete the problems below.

You will need to use the "Lincolnville School District Bus Data" and the "Century National Bank Data" files for this assignment.

Question 1. Refer to the Lincoinville School District bus data. Prepare a report on the maintenance cost for last month. Be sure to answer the following questions in your report.

a. Around what values do the data tend to cluster? Specifically what was the mean maintenance cost last month? What is the median cost? Is one measure more representative of the typical cost than the others?

b. What is the range of maintenance costs? What is the standard deviation? About 95% of the maintenance costs are between what two values?

Question 2. Refer to the Lincoinville school bus data. Set up a variable that divides the age of the buses into three groups: new (less than 5 years old), medium (5 but less than 10 years), and old (10 or more years). The median maintenance cost is $4,179. Based on this value, create a variable for those less than or equal to the median (low maintenance) and those more than the median (high maintenance cost). Finally, develop a table to show the relationship between maintenance cost and age of the bus.

Dessert Ordered

Male

Female

Total

Yes

32

15

47

No

68

85

153

Total

100

100

200

a. What percentage of the buses are less than five years old?

b. What percentage of the buses less than five years old have low maintenance costs?

Question 3. The Director of Planning for Devine Dining Inc. wishes to study the relationship between the gender of a guest and whether the guest orders dessert. To investigate the relationship, the manager collected the following information on 200 recent customers.

a. What is the level of measurement of the two variables?

b. What is the above table called?

c. Does the evidence in the table suggest men are more likely to order dessert than women? Explain why.

Question 4. Refer to the Uncolnville School District bus data.

a. Referring to the maintenance cost variable, develop a box plot. What are the minimum, first quartile, median, third quartile, and maximum values? Are there any outliers?

b. Using the median maintenance cost, develop a contingency table with bus manufacturer as one variable and whether the maintenance cost was above or below the median as the other variable. What are your conclusions?

Attachment:- lincolnville school district bus data.rar

Verified Expert

This solution was based on statistical computations.All the present contents are in accordance with the given and said instructions there in the assignment and rubrics and were free from plagiarism.Word count total of this solution was N/A.The final solution to this assignment is submitted in the Microsoft Office Excel document file in Times New Roman 12 font size.

Reference no: EM132434507

Questions Cloud

How are measuring the foot print method : What numbers/ data will you have to analyze your environmental footprint? HOW YOU ARE MEASURING?WHAT YOU ARE MEASURING?
Find the mean number of breaks : Find the mean number of breaks for the 15 coworkers, and round your answer to the nearest tenth.
What is the null hypothesis : Question 1: What is the null hypothesis? Question 2: What is the alternate hypothesis?
Explain the toxicological effects of arsenic on the body : Is the FDA sufficiently protecting the food supply in the United States from arsenic concerns? Why?Explain the toxicological effects of arsenic on the body
What is the range of maintenance costs : What is the range of maintenance costs? What is the standard deviation? About 95% of the maintenance costs are between what two values
Which production decision should aaron make : Which production decision should Aaron make if he wants to make sure that he doesn't lose money?
Probability that the disposal of capacitors : Disposal of capacitors is very costly, so what is the probability that the disposal of such capacitors will be regulated?
What do tell the state police to do : WHAT CHARACTERISTICS OF LIQUID CHLORINE AS WELL AS GEOGRAPHIC AND WEATHER CONDITIONS AFFECT YOUR RESPONSE IF ONE OR MORE CYLINDERS MIGHT BE LEAKING?
Compute the sample standard deviation : Use the defining formula to compute the sample standard deviation s. (Enter a number. Round your answer to two decimal places.)

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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