e)
money enough to build one facility, the president wants to ask students which one they feel...
A college has been given a sizable grant: enough to build either a new library or gymnasium. But, as there is only money enough to build one facility, the president wants to ask students which one they feel is in greater need of renovation. Suppose there are 500 male students and 400 female students in the school. What is the population under study? (2 points) The president wants to randomly ask 50% of the students. How many students would this...
Lell given a sizable grant: enough to build either a new library or gymnasium. But, as there is only money enough to build one facility, the president was to ask students which one they feel is in greater need of renovation. Suppose there are 500 male students and 400 female students in the school. a) What is the population under study? (2 points) b) The president wants to randomly ask 50% of the students. How many students woul this be?...
2. The following are two hypothetical statements by American politicians. Politician A: "Our economy is in the crapper! Thirty states had falling incomes last year." Politician B: "Our economy is showing appreciable gains: Seventy percent of Americans had rising incomes last year." a) Suppose both statements are true. How to reconcile these two seemingly contradicting statements? (4 points) b) What lessons can we learn about descriptive statistics from this example? (4 points)
The following are two hypothetical statements by American politicians. Politician A: “Our economy is in the crapper! Thirty states had falling incomes last year.” Politician B: “Our economy is showing appreciable gains: Seventy percent of Americans had rising incomes last year.” Suppose both statements are true. How to reconcile these two seemingly contradicting statements? (4 points) What lessons can we learn about descriptive statistics from this example? (4 points)
A college has been given a sizable grant: enough to build either a new library or gymnasium. But, as there is only money enough to build one facility, the president wants to ask students which one they feel is in greater need of renovation. Suppose there are 500 male students and 400 female students in the school. What is the population under study? (2 points) The president wants to randomly ask 50% of the students. How many students would this...
A college has been given a sizable grant: enough to build either a new library or gymnasium. But, as there is only money enough to build one facility, the president wants to ask students which one they feel is in greater need of renovation. Suppose there are 500 male students and 400 female students in the school. What is the population under study? (2 points) The president wants to randomly ask 50% of the students. How many students would this...
On a Saturday evening your father and mother take you out for dinner. There are 7 other customers in the restaurant. Their ages are as following: 44, 56, 25, 40, 32, 34, 38. Write down the ages for your father, mother and you. (2 points) Construct a stem-and-leaf graph for the age of all the customers in the restaurant. (3 points) Comment on the shape of the whole data set. (3 points) Compute the mean, the median and the mode...
3. On a Saturday evening your father and mother take you out for dinner. There are 7 other customers in the restaurant. Their ages are as following: 44, 56, 25, 40, 32, 34, 38. a) Write down the ages for your father, mother and you. (2 points) b) Construct a stem-and-leaf graph for the age of all the customers in the restaurant. (3 points) c) Comment on the shape of the whole data set. (3 points) d) Compute the mean,...
1. A college has been given a sizable grant: enough to build either a new library or gymnasium. But, as there is only money enough to build one facility, the presiden wants to ask students which one they feel is in greater need of renovation. Suppose there are 500 male students and 400 female students in the school. a) What is the population under study? (2 points) b) The president wants to randomly ask 50% of the students. How many...
Q1 Which of the following are included and which are excluded in calculating this year's GDP. Explain in each instance. a. A monthly scholarship cheque received by an economics student b. The purchase of an almost new tractor by farmer Kojo C. The cashing in of a savings bond d. An increase in business inventories e. Tim Horton's purchases a corner grocery store f. Fearless Qweenie Kong, a stuntwoman, purchases a life insurance policy for a billion dollars ($) g....