Question
Car Prices 32,145 33,757 28,745 36,190 26,400 28,000 25,200 29,600 24,111 Recall the car data set you identified in Week 2.You will want to calculate
Car Prices
32,145
33,757
28,745
36,190
26,400
28,000
25,200
29,600
24,111
Recall the car data set you identified in Week 2.You will want to calculate the average for your data set.(Be sure you use the numbers without the supercar outlier)Once you have the average count how many of your data points fall below the average. You will take that number and divide it by 10.This will be your p or "success" in your problem.Once you have p, calculate q.
If you were to find another random sample of 10 cars based on the same data, what is the probability that exactly 4of them will fall below the average?Make sure you interpret your results.
If you were to find another random sample of 10 cars based on the same data, what is the probability that fewer than 5of them will fall below the average?Make sure you interpret your results.
If you were to find another random sample of 10 cars based on the same data, what is the probability that more than 6of them will fall below the average?Make sure you interpret your results.
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