Question

11:00 y = -0.96 - 90.21 x 2 points Use the frequency table below to find the population variance. * Price F 60 - 66 50 67 - 7

Please Solve As soon as
Thank's
Abdul-Rahim Taysir

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Answer #1

Population Variance :

First find mid points (M)

M=\frac{Upper\: Limit+Lower\: Limit}{2}

M 66 + 60 2 63

M=\frac{73+67}{2}=70

M=\frac{74+80}{2}=77

M=\frac{87+81}{2}=84

1594284175626_blob.png

\mu =\frac{\sum (F*M)}{\sum F}=\frac{15680}{210}=74.6667

Variance :

\sigma ^2=\frac{\sum F(M-\mu)^2}{\sum F}=\frac{16006.66667}{210}=76.22

Population variance is 76.22

Que.2

\sigma=8.49

\mu =54

n = 60

\bar{x}=57

Z score :

Z=\frac{\bar{x}-\mu }{\frac{\sigma }{\sqrt{n}}}=\frac{57-54 }{\frac{8.49}{\sqrt{60}}}=\frac{3}{1.096054287 }=2.74

Z = 2.74

Find P value Using z table or use excel command =NORMSDIST(2.74)

P( Z< 2.74) = 0.9969

2*P( Z>2.74 ) =2*(1-P( Z< 2.74) )=2*(1- 0.9969)=2*0.0031= 0.0062

Answer : For two tailed test p value is 0.0062

Z table:

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