Question

0.37/1.11 points | Previous Answers TanFin 1 0 8.2.040. 1/6 Submissions Used My Notes 2 The frequency distribution of the hourly wage rates (in dollars) among blue-collar workers in a certain factory is given in the following table. Find the mean (or average) wage rate, the mode, and the median wage rate of these workers. (If necessary, round your answers to two decimal places.) $ 14.23 mean 14.30 mode 14.30 median Wage Rate 14.00 14.10 14.20 14.30 14.40 14.50 90 75 45 Frequency 60 120 60 3. My Notes O-1.11 points TanFin10 8.2.014. 0/6 Submissions Used A panel of 69 economists was asked to predict the average unemployment rate for the upcoming year. The results of the survey follow. Unemployment Rate, % 9.6 10.2 10.8 9.9 10.5 11.1 11.4 Economists 2 6 8 21 16 13 3 On the basis of this survey, what does the panel expect the average unemployment rate to be next year? (Round your answer to two decimal places.) % 0 -/1.11 points TanFin10 8.2.007. 0/6 Submissions Used 4. My Notes On the basis of past experience, the manager of the VideoRama Store has compiled the following table, which gives the probabilities that a customer who enters the VideoRama Store will buy 0, 1, 2, 3, or 4 DVD . How many DVDS can a customer entering this store be expected to buy? (Enter your answer to two decimal places.) DVDS DVDS 2 3 1 4 Probability 0.40 0.37 0.14 0.06 0.03

Answer 1

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As per HomeworkLib policy,I have answered 2 nd 3 questions.

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