Solution:
Sample variance = ((-0.75)^2+(-5.75)^2+(0.25)^2+(7.25)^2+(18.25)^2+(-2.75)^2+(-20.75)^2+(4.25)^2)/(8-1) = 875.5/7 = 125.07
Sample standard deviation = sqrt(125.07)= 11.18
Population variance = 875.5/8 = 109.4375
Population standard deviation = 10.46
If value is 80 instead of 89
Than mean = (70+65+71+78+80+68+50+75)/8 = 557/8= 69.625
Sample variance = ((70-69.625)^2+(65-69.625)^2+(71-69.625)^2+(78-69.625)^2+(80-69.625)^2+(68-69.625)^2+(50-69.625)^2+(75-69.625)^2)/(8-1) = 617.875/7= 88.27
Sample standard deviation = sqrt(88.27)= 9.395
Population variance = (617.875/8) = 77.23
Population standard deviation = sqrt(77.23)= 8.79
l, this page may not function correctly. Click here to learn more. S. Calculating standard deviation...
Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more. 5. Gravetter/Wallnau/Forzano, Essentials - Chapter 7 - End-of-chapter question 7 Aa Aa For a population with a mean of = 40 and a standard deviation of a = 8, find the z-score corresponding to each of the following samples. X = 34 for a sample of n - 1 score: Z -0.75 M - 34 for a sample of n =...
Attention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more. Aa Aa 7. Gravetter/Wallnau/Forzano, Essentials - Chapter 7End-of-chapter question 21 A normal distribution has a mean of μ-60 and a standard deviation of σ = 12. For each of the following samples, compute the z-score for the sample mean, and determine whether the sample mean is a typical, representative value or an extreme value for a sample of this size. M...
Ch 03: Mastery Assignment - Descriptive Statistics: Numerical Measures < Back to Assignment Attempts: Average: 75 6. Measures of variability Consider a data set containing the following values: 88 96 72 84 95 100 92 90 The smallest value is and the largest value is Therefore, the range is The first quartile is The third quartile is Therefore, the interquartile range (IQR) is The mean of the preceding values is 89.625. The deviations from the mean have been calculated: -1.625...
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1. A student was asked to compute the mean and standard deviation for the following sample of n= 5 scores: 81, 87, 89, 86, and 87. To simplify the arithmetic, the student first subtracted 80 points from each score to obtain a new sample consisting of 1,7,9,6, and 7. The mean and standard deviation for the new sample are then calculated to be M=6 and s = 3. What are the values of the mean and standard deviation for the...
S us page may not function correctly. Click here to learn more 8. Nonconstant growth stock Aa Aa As companies evolve, certain factors can drive sudden growth. This may lead to a period of nonconstant, or variable, growth. This would cause the expected growth rate to increase or decrease, thereby affecting the valuation model. For companies in such situations, you would refer to the variable, or nonconstant, growth model for the valuation of the company's stock. Consider the case of...
ttention: Due to a bug in Google Chrome, this page may not function correctly. Click here to learn more. 11. Chapter 12, Problem 11 Aa Aa E Binge drinking on college campuses has been a hot topic in the popular media and in scholarly research. In one study relating perfectionism to binge drinking, students were classified into three groups based on the number of binge drinking episodes they experienced during the past month (0, 1, 2 or more). The students...
corrections, please Attention: Due to a bug in Google Chrome, this page may not tunction correctly, Click here to learn more. Attention: Due to a bug in Google Chrome, this page may not function correcty Caick here to learn more. 4. Gravetter/Wallnau/Forzano, Essentials - Chapter 8- End-of-chapter question 6 Aa Aa Ackerman and Goldsmith (2011) report that students who study from a screen (phone, tablet, or computer) tended to have lower quiz scores than students who studied the same material...
find the critical value . round to three decimal place. find the standard deviation of the paired differences. round to one decimal place. construct 99% confidence interval. round to one decimal place. find the standard error of the sampling distrubution used in confidence interval. round to the nearest whole number. construct 90% confidence interval. round to nearest whole number A state legislator wants to determine whether his voters' performance rating (0-100) has changed from last year to this year. The...