Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(b) A recent Gallup study found the typical American works an average of 46.7 hours per week. The study did not report the shape of

image text in transcribed
image text in transcribed
(b) A recent Gallup study found the typical American works an average of 46.7 hours per week. The study did not report the shape of the distribution of hours worked or the standard deviation. It did, however, indicate that 411% of the workers worked Eess than 40 hours a week and that 18 percent worked more than 60 hours. 1 8"? (i) If we assume that the distribution of hours worked is normally distributed, A/ (\"J ' and knowing 40% of the workers worked less than 40 hours, nd the standard deviation of the distribution. (4 marks) (ii) If we assume that the distribution of hours worked is normally distributed, and 18% of the workers worked more than 60 hours, nd the standard deviation of the distribution. (4 marks) (iii) Compare the standard deviations computed in parts (i) and (ii). Discuss whether the assumption that the distribution of hours worked is approximately normal is reasonable. (4 marks)

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

Fundamentals Of Number Theory

Authors: William J LeVeque

1st Edition

0486141500, 9780486141503

More Books

Students also viewed these Mathematics questions

Question

1. Background knowledge of the subject and

Answered: 1 week ago

Question

2. The purpose of the acquisition of the information.

Answered: 1 week ago