Statistic Homework (Assignment) 9.0
Statistic Homework (Assignment) 9.0
1.The data in the following table was collected from students in a statistics class. The column headings
give the variable, and the rows represent a student.
2. Samantha Hopkins, Director of Human Resources at a large restaurant chain is exploring the
causes of employee absenteeism at its Bolder City restaurant location during the last operating
year. For this study the set of all employees who worked at the Bolder City restaurant during the
last operating year is called
c) A population
3. The President of Atlas Corp. is reviewing the warranty policy for his
company's new model of light truck batteries. Tests performed on a random
sample of 100 batteries indicated an average life of seven years under normal
1
usage. Jessica recommended a six-year warranty period for the new model.
This is an example of
b) inferential statistics
2
b) What kind of variable is delivery performance?
Status Frequency
EARLY 22
LATE 9
LOST 2
ONTIME 67
TOTAL 100
RELATIVE
Status Frequency
EARLY 0.22
LATE 0.09
LOST 0.02
ONTIME 0.67
TOTAL 1
3
d) Construct a bar chart of the frequency table for delivery performance last
month USE EXCEL AND COPY/PASTE YOUR TABLE BELOW
4
6. The marketing director of Groombridge Realty selected a sample of 30 homes
for study. The Excel data file for the data on selling price, reported in
thousands of dollars, is found under this assignment in D2L. You are required
to organize the data into a frequency distribution. For this exercise, use 5
classes, a class interval of $40 thousand, and let the lower limit of the first
class be $120 thousand.
Class Frequency
120-159 4
160-199 11
200-239 6
240-279 6
280-319 3
5
c)BONUS MARK: Use Excel to construct a histogram.
YOU MUST TAKE A SCREENSHOT OF YOUR EXCEL PAGE AND
COPY/PASTE IT INTO THE SPACE BELOW. THE HISTOGRAM
MUST BE 100% CORRECT FOR THIS MARK.
6
e) Construct a cumulative frequency table in the space below.
7
g) Estimate the price below which 85% of the houses were sold.
Ans :$270 thousand
h) Estimate the number of houses sold for less than $190 thousand.
Ans 14.
7.The monthly issues of the Journal of Finance are available on the Internet. The
table below shows the number of times an issue was downloaded over the
last 33 months. Suppose that you wish to summarize the number of
downloads with a frequency distribution. YOU ARE NOT REQUIRED TO
CONSTRUCT A FREQUENCY DISTRIBUTION. YOU ARE REQUIRED
TO SHOW YOUR WORK for questions (a) and (b).
8
b) What size class interval would you suggest? ________
c) What quantity would you use for the lower limit of the first class?
_____The minimum value i.e 312 will be used for lower limit .
Part C – Chapter Three (5 Marks, 1 for each correct answer unless indicated
otherwise)
40 to 50 5
b) Standard deviation
σ²=(∑m²f-(∑mf)²/N)/N =(33400-28622.5)/40=119.4375
σ=√σ² =10.928
9
9.The mean number of gallons of gasoline pumped at Ray’s Station is 9.5 with a
standard deviation of 0.75 gallons. The arithmetic mean amount of time
spent by a customer at the station is 6.5 minutes with a standard deviation of
2 minutes.
Solution:
K= (9.7-6.5)/2 = 1.6
1-1/k2 = 0.609375
Answer = 60.93%
Part D – Chapter Four (13 Marks, 1 for each correct answer unless indicated
otherwise)
10. Aloha Banking Co. is studying ATM use in suburban Honolulu. A sample
of 30 ATMs showed they were used the following number of times yesterday.
10
11. Listed below are the salaries, in thousands of dollars, for a sample of 15
chief financial officers in the electronics industry. Determine the mean,
median, standard deviation and coefficient of skewness using Pearson’s
method.
a) Mean _____$542_____
b) Median ____$546____
12. Use the following table of values to answer the following questions.
11
d) Are any of the values outliers; if yes, which are outliers?
__________________SHOW HOW YOU WOULD DETERMINE THIS.
(2 marks)
e) Draw the boxplot showing all relevant values: XMIN , XMAX , Q1, Q2,
Q3 and any outliers. (3 marks)
12