Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 3 (4 marks) Random samples of households were selected from each of three regions in a large metropolitan area. The number of households selected

Question 3 (4 marks)

Random samples of households were selected from each of three regions in

a large metropolitan area. The number of households selected from each

region and the corresponding mean household incomes are provided in the

table below.

Region-----Households Selected (Number)-------Mean Household Income

($1,000)

A 75 49

B 30 80

C 20 40

What is the mean household income for all three regions combined?

**Question 4 (4 marks) A course has two quizzes of equal weight, a midterm examination that has twice the weight of a quiz, and a final examination that has twice the weight of the midterm exam. If a student obtains 54% and 60% on the quizzes; 55% on the midterm; and 80% on the final, what will be the students weighted mean final grade?

Question 5.(5 marks) The mean amount spent by all customers at an organic food market is estimated to be $48, and the standard deviation is estimated to be $12. According to Chebyshevs Theorem, at least what percentage of customers would be expected to spend between $27 and $69? Note: Express your answer to two decimal places of accuracy

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_2

Step: 3

blur-text-image_3

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

Numerical Analysis

Authors: Richard L. Burden, J. Douglas Faires

9th edition

538733519, 978-1133169338, 1133169333, 978-0538733519

More Books

Students also viewed these Mathematics questions