Since we have 230 observations we should have roughly 15 classes
Class interval = Range / Number of classes
Range = 567 - 235 = 332
Therefore the class interval = 332 / 15 = 22.13
23
8. value: 10.00 points A set of data consists of 230 observations between $235 and $567....
A set of data contains 83 observations. The lowest value is 23 and the highest is 57. You are going to construct a frequency distribution. a. How many classes would you suggest? b. What class interval would you recommend? c. What would you suggest as the lower limit of the first class?
1. a data set includes 83 observations. How many classes would you recommend to develop a frequency distribution? 2. a data set consists of 145 observations ranging from 56 to 490. What size class range would you recommend?
You have been asked to calculate the Pearson’s correlation coefficients for the variables of a data set. The data set consists of a number of variables and a number of observations of those variables. Discuss how you might improve the computational performance of Pearson’s correlation on this data set if it consists of a) a large number of observations and a small number of variables, and b) a large number of variables and a small number of observations
3. value: 10.00 points The manufacturer of the ColorSmart-5000 television set claims 95 percent of its sets last at least five years without needing a single repair. In order to test this claim, a consumer group randomly selects 352 consumers who have owned a ColorSmart-5000 television set for five years. Of these 352 consumers, 310 say their ColorSmart-5000 television sets did not need a repair, whereas 42 say their ColorSmart-5000 television sets did need at least one repair. (a) Find...
8. Practice constructing confidence intervals Suppose a data set of 30 observations (N-30) was analyzed using OLS to examine the factors influencing the participation rate of employees in a 401(k) retirement plan sponsored by their employer. The regression results are as follows, with standard errors in parentheses: prate = 80.1 + 5.6mrate + 0.046 age + 0.0001 totemp 0.s5) (0.04) (S.OR-5) where prate - percentage of eligible workers with a 401(k) plan mrate match rate for firm age - age...
Question 6 (of 7) ( Save & Exit Sud p value: 10.00 points monthly issues of the Journal of Finance are available on the Internet. The table below shows the of times an issue was downloaded over the last 33 months. Suppose you wish to summarize the number of downloads with a frequency distribution. 312 2753 2.55 607 762 6624 6.302 6573 7 122 5,967 5,256 6,160 6,238 6,709 7.193 5,631 6,490 6,682 7,829 7,091 687 623 7253 5,507 5,676...
a quantitative data set of 100 has a mean 25 and standard deviation of 4. At least how many observations lie between 17 and 33? (round up to the nearest whole number)
Consider the following data set 14.8 7.2 8.7 9.6 13.1 13.8 7.5 10.1 9.9 9.9 11.9 4.7 14.8 8.1 10.6 3.8 4.6 12.5 7.9 6.6 10.3 13.3 7.26.8 7.3 7.2 8.7 5.2 5.2 13.1 Click here for the Excel Data File a. Construct the frequency distribution using classes of 3 up to 5, 5 up to 7, etc. Class Frequency 3 up to 5 5 up to 7 7 up to 9 9 up to 11 11 up to 13...
The following is the number of minutes to commute from home to work for a group of 25 automobile executives. 30 32 22 31 18 22 422830 19 24 38 25 28 37 32 36 36 28 33 27 25 35 29 31 a. How many classes would you recommend? Number of classes This is a numeric cell, so please enter numbers only. b. What class interval would you suggest? (Round up your answer to the next whole number.) Class...
The following is the number of minutes to commute from home to work for a group of 25 automobile executives 30 32 22 3118 22 42 2830 19 24 38 25 28 37 32 36 36 28 33 27 25 35 29 31 a. How many classes would you recommend? Number of classes This is a numeric cell, so please enter numbers only. b. What class interval would you suggest? (Round up your answer to the next whole number.) Class...