Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

#1 Probability. Please provide a spreadsheet and show work. A survey of 200 college graduates who have been working for at least 3 years found

#1 Probability. Please provide a spreadsheet and show work. A survey of 200 college graduates who have been working for at least 3 years found that 90 owned only mutual funds, 20 owned only stocks, and 70 owned both. a. What is the probability that an individual owns a stock? A mutual fund? b. What is the probability that an individual owns neither stocks nor mutual funds? c. What is the probability that an individual owns either a stock or a mutual fund? #2 Sampling. Please provide a spreadsheet and show work. A study of nonfatal occupational injuries in the United States found that about 31% of all injuries in the service sector involved the back. The National Institute for Occupational Safety and Health (NIOSH) recommended conducting a comprehensive ergonomics assessment of jobs and workstations. In response to this information, Mark Glassmeyer developed a unique ergonomic handcart to help field service engineers be more productive and also to reduce back injuries from lifting parts and equipment during service calls. Using a sample of 382 field service engineers who were provided with these carts, Mark collected the following data: Year 1 (Without Cart) Average call time Standard deviation call time Proportion of back injuries Year 2 (With Cart) 8.27 hours 1.36 hours 0.018 7.98 hours 1.21 hours 0.010 Find 95% confidence intervals for the average call times and proportion of back injuries in each year. What conclusions would you reach based on your results

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Algebra 1

Authors: Mary P. Dolciani, Richard A. Swanson

(McDougal Littell High School Math)

9780395535899, 0395535891

More Books

Students also viewed these Mathematics questions

Question

How can shaping be used to encourage desirable work behaviors?

Answered: 1 week ago