Question
Week 3 #7 (Q) According to an NRF survey conducted by BIG research, the average family spends about $237on electronics (computers, cell phones, etc.) in
Week 3
#7 (Q)
According to an NRF survey conducted by BIG research, the average family spends about $237on electronics (computers, cell phones, etc.) in back-to-college spending per student. Suppose back-to-college family spending on electronics is normally distributed with a standard deviation of $54. If a family of a returning college student is randomly selected, what is the probability that:
(a)They spend less than $165on back-to-college electronics?
(b)They spend more than $380on back-to-college electronics?
(c)They spend between $135and $175on back-to-college electronics?
(Round the values of z to 2 decimal places. Round your answers to 4 decimal places.)
(a)P(x<165) =_________
enter the probability that they spend less than $165on back-to-college electronics
(b)P(x>380) =_____________
enter the probability that they spend more than $380on back-to-college electronics
(c)P(135<x<175) =________________
enter the probability that they spend between $135and $175on back-to-college electronics
Question #2 (H)
Determine the Pearson product-moment correlation coefficient for the following data.
x 1 11 9 8 5 3 2
y 8 4 6 5 7 7 9
(Do not round the intermediate values. Round your answer to 3 decimal places.)
Correlation coefficient,r=________________
enter the Correlation coefficient rounded to 3 decimal places
#8 (Q)
According to the Air Transport Association of America, the average operating cost of an MD-80 jet airliner is $2,087 per hour. Suppose the operating costs of an MD-80 jet airliner are normally distributed with a standard deviation of $176per hour.
(Round the value of z to 2 decimal places. Round your answers to 2 decimal places.)
(a)At what operating cost would only23% of the operating costs be less?
$___________
enter the dollar amount at which only23% of the operating costs would be less
(b)At what operating cost would 65% of the operating costs be more?
$________________
enter the dollar amount at which 65% of the operating costs would be more
(c)What operating cost would be more than 85% of operating costs?
$______________
enter the dollar amount that would be more than 85% of operating costs
#12 (Q)
Suppose the age distribution in a city is as follows.
Under 18 20%
18-25 16%
26-50 32%
51-65 10%
Over 65 22%
A researcher is conducting proportionate stratified random sampling with a sample size of200. Approximately how many people should he sample from each stratum?
Number of people
Under 18___________________
18-25_____________________
26-50____________________
51-65__________________________
Over 65____________________
Week 4
#11(Q)
Construct 90%, 95%, and 99% confidence intervals to estimatefrom the following data. State the point estimate. Assume the data come from a normally distributed population.
12.7 11.6 11.9 12.7 12.5
11.4 12.0 11.7 11.8 12.7
(Round the intermediate values to 4 decimal places. Round t values to 3 decimal places. Round your answers to 2 decimal places.)
90% confidence interval:______________________________________
enter the lower limit of the 90% confidence interval
95% confidence interval:__________________________________
enter the lower limit of the 95% confidence interval
99% confidence interval:_______________________________________
enter the lower limit of the 99% confidence interval
The point estimate isenter the point estimate __________________
#14 (Q)
Is the environment a major issue with Americans? To answer that question, a researcher conducts a survey of 1255 randomly selected Americans. Suppose695of the sampled people replied that the environment is a major issue with them. Construct a 95% confidence interval to estimate the proportion of Americans who feel that the environment is a major issue with them. What is the point estimate of this proportion?
(Round the intermediate values to 3 decimal places. Round your answer to 3 decimal places.)
_______________________p________________________
enter the lower limit of the confidence interval
enter the upper limit of the confidence interval
The point estimate isenter the point estimate_________________________
Thank you for the assistance
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started