Assignment 20%

1. State the level of measurement for each of the following variables: a. Students grade point averages (CGPA) = Ratio level b. Distance students travel to class = Ratio level c. Student scores on the first statistics test = Ratio level
d. A classification of students by state of birth = Ordinal level

e. A ranking of students by freshman, sophomore, junior and senior = Ordinal level f. Number of hours students study per week = Ratio level

2. The local manager of Food queen is interested in number of times a customer shops at her store during a two-week period. The responses of 51 customers were:

5 1 8

3 14 4

3 1 7

1 2 6

4 4 5

4 4 9

5 4 11

6 5 3

4 6 12

2 3 4

6 5 7

6 3 6

6 4 5

7 5 15

1 6 1

1 10 8

9 2 12

a. Starting with 0 the lower limit of the first class and using class interval of 3, organize the data into frequency distribution

Classes 03 47 8 11 12 15

Frequency 14 27 6 4

b. Describe the distribution. Where do the data tend to cluster? The data tend to cluster at 4 7 classes.

c. Convert the distribution to a relative frequency distribution.

Classes 03 47 8 11 12 15

Relative frequency 0.2745 0.5294 0.1177 0.0780

d. Calculate the cumulative frequency distribution.

Classes 03 47 8 11

Cumulative frequency 14 41 47
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12 15

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3. The Marketing Research Department is investigating the performance of several corporations in the coal, mining and gas industries. The fourth-quarter sales in 1997 ( in millions of dollars) for the corporations are:

Corporation American Hess Atlantic Richfield Chevron Diamond Shamrockon Exxon Quarker State

Fourth-Quarter Sales ($millions) 1645.3 4757 8913 627.1 24612.0 191.9

The Department wants to include a chart in their report comparing the fourth- quarter sales of the six corporations. Use a bar chart to compare the fourth-quarter sales of these corporations and write a brief report summarizing the bar chart.

Report: Exxon has highest value of Fourth-Quarter Sales but Quaker State has lowest Fourth-Quarter Sales.

4. A sample of households that subscribe to the United Bell Phone Company revealed the following numbers of calls received last week. Determine the mean and the median number of calls received. 52 34 Mean: 43 46 30 32 38 18 30 41 42 5 12 46 39 37

X= fx n
4

52+34+43+46+30+32+38+18+30+41+42+5+12+46+39+37 = 545 16 16

=34.0625

Median:

5, 12, 18, 30, 30, 32, 34, 37, 38, 39, 41, 42, 43, 46, 46, 52

37+38 = 37.5 2

5. A major airline wanted some information on those enrolled in their frequent flyer program. A sample of 48 members resulted in the following numbers of miles flown, to the nearest 1,000 miles, by each participant. Develop a dot plot of the data and comment on the information
22 45 56 69 29 45 57 70 32 46 58 70 38 46 59 70 39 46 60 71 41 47 61 71 42 50 61 72 43 51 63 73 43 52 63 74 43 54 64 76 44 54 64 78 44 55 67 88

6. The following data are the estimated values (in $million) of 50 companies in the auto parts business.

26.8 28.3 11.7

8.6 15.5 18.5

6.5 31.4 6.8

30.6 23.4 22.3

15.4 4.3 12.9

18.0 20.2 29.8

7.6 33.5 1.3

21.5 7.9 14.1

11.0 11.2 29.7

10.2 1.0 18.7

6.7 6.1

31.4 0.9

30.4 9.6

20.6 35.0

5.2 17.1

37.8 1.9

13.4 1.2

18.3 16.6

27.1 31.1

32.7 16.1

a. Determine the mean and median of the market values.

Mean:

x =x
N

=857.9 = 17.16 50

Median:

0.9, 1.0, 1.2, 1.3, 1.9, 4.3, 5.2, 6.1, 6.5, 6.7, 6.8, 7.6, 7.9, 8.6, 9.6, 10.2, 11.0, 11.2, 11.7, 12.9, 13.4, 14.1, 15.4, 15.5, 16.1, 16.6, 17.1, 18.0, 18.3, 18.5, 18.7, 20.2, 20.6, 21.5, 22.3, 23.4, 26.8, 27.1, 28.3, 29.7, 29.8, 30.4, 30.8, 31.1, 31.4, 31.4, 32.7, 33.5, 35.0, 37.8.

16.1+16.6 = 16.35 2

b. Determine the standard deviation of the marker values.

S=((x- x )2/ (n-1))

Each X (the data has been (x- x )2)

S=5486.88/49

S=10.58

c. Using Chebyshevs theorem, between what values would you expect about 56 percent of the market values occur?

1-1/k2 x 100

1-1/k2 x 100 = 56 1-1/k2 = 0.56 1-0.56=1/k2 0.44=1/k2 k2 = 1/0.44 k2 = 2.27 k = 1.51

x ks

17.16-(1.51)(10.58) =1.18

x + ks
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17.16+ (1.51)(10.58) =33.14

The values are between 1.18 to 33.14

d. Using the Empirical rule, about 95% of the values would occur between what values?

95% that is k=2

x ks

17.16- (2)(10.58) =-4

x + ks

17.16 + (2)(10.58) =38.32

The values are between -4 to 38.32

e. Determine the coefficient of variation.

CV= (s/ x )x 100

CV= (10.58/17.16)x100 CV= 61.66%

f. Determine the coefficient of skewness.

Skewness = (3( x - M)) / 5 Skewness = (3(17.16-16.35)) / 5 Skewness = 0.2298

It is positively skew.

g. Estimate the values of the first and the third quartile.

Lp = (n+1)p/100

Q1 L25=(50+1)25/100 =(51)25/100 =12.75

It is between 12th to 13th.

12.75-12=0.75 7.9-7.6=0.3 0.3x0.75=0.225

7.6+0.225=7.825 Q1=7.825

Q3 L75=(50+1)75/100 =(51)75/100 =38.25

It is between 38th to 39th.

38.25-38=0.25 28.3-27.1=1.2 1.2x0.25=0.3 27.1+0.3=27.4 Q3=27.4

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7. In each of the following cases, indicate whether classical, empirical or subjective probability is used.

a. A basketball player makes 30 out of 50 foul shots. The probability is 0.6 that she makes the next foul shot attempted. =Empirical

b. A seven-member committee of students is formed to study environmental issues. What is the likelihood that any one of the seven is chosen as the spokesperson? =Classical

c. You purchase one of 5 million tickets sold for Lotta Canada. What is the likelihood you win the $1 million jackpot? =Subjective

d. The probability of an earthquake in Northern California in the next 10 years is 0.80. =Subjective

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8. A study of 200 grocery chains revealed these incomes after taxes:

Incomes after Taxes Under $1 million $1 million to $20 million $20 million or more

Number of Firms 102 61 37

a. What is that a particular chain has under $1 million in income after taxes?

P(under $1 million)= 102/200 = 0.51

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b. What is the probability that a grocery chain selected at random has either an income between $1 million and $20 million, or an income of $20 million or more? What rule of probability was applied?

P($1 million and $20 million U $20 million or more) = P($1 million and $20 million) + P($20 million or more) =61/200 + 37/200 =0.49

Additional rule.

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9. A hospital administrator is looking over the Knox County Medical Society survey of its members, which is records their gender and age. The following table summarizes the results:

Gender Male Female Total

Under 35 27 14 41

Between 35 and 54 87 25 112

Over 54 26 3 29

Total 140 42 182

If you randomly select a member of the society, what is the probability they are:

a. Male?

P(male)=140/182=10/13 =0.7692

b. Between the ages of 35 and 54?

P(Between the ages of 35 and 54)=112/182=8/13 =0.6154

c. Both male and between the ages of 35 and 54?

P(male between the ages of 35 and 54)=P(male) x P(between the ages of 35 and 54) =140/182 x 87/140 =87/182
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=0.4780

d. Both female and over 54?

P(female over 54)= P(female) x P(over 54) =42/182 x 3/42 =3/182 =0.01648

e. Either male or between the ages of 35 and 54?

P(male U between the ages of 35 and 54) =P(male) + P(between the ages of 35 and 54) p(male between the ages of 35 and 54) =140/182 + 112/182 87/182 =165/182 =0.9066

f. Either female or over 54?

P(female U over 54)= P(female)+P(over 54) - P(female over 54) =42/182 + 29/182 3/182 =74/182
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=0.4066

g. Male, given that they are under 35?

P(male, under 35)=27/140 =0.1929

h. Male, given that they are over 54?

P(male, over 54)=26/140=13/70 =0.1857

i. Over 54, given that they are male?

P(over 54, male)=26/29 =0.8966

j. Over 54. Given that they are female?

P(over 54, female)=3/29 =0.1034

k. Are the events male and between the ages of 35 and 54 independent?

=No
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l. Are the events female and over 54 independent?

=No

m. Are the events male and over 54 mutually exclusive?

=No

n. Are the events female and male mutually exclusive?

=Yes

10. A national pollster has developed 15 questions designed to rate the performance of the president of the United States. The pollster will select 10 of these questions. How many different arrangements are there for the order of the 10 selected questions?

15P10 = ___15!__ (15-10)!

15x14x13x12x11x10x9x8x7x6x5x4x3x2x1 5x4x3x2x1
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=10897286400

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