Computing standard deviation

Assignment Help Basic Statistics
Reference no: EM1319624

Q1) A major credit card company has find out that its customers charge average of $ 280 per month on their accounts with standard deviation o f$20

i) What percentage of customers charges more than $275 per month?

ii) What percentage of customers charges more than $43 per month?

iii) What percentage of customers charges more than $241 an d$301.60 per month?

Q2) A manufacturing process makes items whose weights are normally distributed. It is known that 22.57% of all the items made weigh between 100 grams up to mean and 49.18% weigh from the mean up to 190 grams

a) Find out the mean.

b) Find out the standard deviation.

Reference no: EM1319624

Questions Cloud

Multiple choice questions on regression : Multiple choice questions on regression.
Explaining independent variable-covariate and levels : Explain the independent variable, covariate, and levels (groups) of eah. Also, explain the dependent variable and its associated measurement scale and expected outcome.
Probability in case of style of pottery : Santa Fe black on white is a style of pottery that occurs in about 61% of the pot shards found in the Bandelier National Monument area.
Transmitting message and tentative checkpoint : Is node P allowed to transmit the messages related to application (as opposed to message which is part of checkpoint algorithm itself) immediately after having taken a tentative checkpoint?
Computing standard deviation : A manufacturing process makes items whose weights are normally distributed. It is known that 22.57% of all the items made weigh between 100 grams up to mean and 49.18% weigh from the mean up to 190 grams. Find out the standard deviation.
Population mean concentration of uric acid : Find a 95% confidence interval for the population mean concentration of uric acid in this patient's blood. What is the margin of error?
Controlling congestion in error-free virtual circuit subnet. : Consider the following method for congestion control in the error-free virtual circuit subnet. A router may only transmit ACK for a received packet if it knows packet transmission along with the virtual circuit through subsequent routers is succes..
Classifying items in fixed and variable costs : Which of the following is an example of a variable cost?
Interval-ratio level of measure is normally distributed : Let's further suppose that there was good interrater reliability on these frequency counts of behaviours and that they are interval/ratio level of measure, normally distributed, and independent observations.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find the probability using normal distribution

Suppose that the population of heights of male college students is approximately normally distributed with mean m of 68 inches and standard deviation s of 3.75 inches. A random sample of 16 heights is obtained.

  Which statement is true for a statistical study

Which statement is true for a statistical study?

  Perform hypothesis testing

Perform hypothesis testing on one variable's data.

  Hypothesis test for one sample mean

Suppose you found that in doing the hypothesis test, you were able to reject the null hypothesis. What is the most appropriate conclusion to draw?

  Chi-square test for independences of attributes

These individuals are then examined and categorized as to whether they have a heart disorder. The observed frequencies are as follows:

  Example on natural logarithm

where p is the binomial probability of returning a completed survey, and log is the natural logarithm. The multiple logistic regression output from fitting this model is given below.

  Confidence interval for average number of credit card

Use this information to compute a 95% confidence interval for average number of credit cards carried by students.

  Sampling technique for study

Explain why random samples are preferred to nonrandom samples.

  Predict quarterly turnover by incorporating seasonal effects

By using this data and incorporating seasonal effects, predict quarterly turnover for 2010.

  Obtaining the simple linear regression equation

Obtain the simple linear regression equation, then analyze the residuals by (a) constructing a histogram

  Level of significance and p-value

At the .05 level of significance, can we conclude that those joining Weight Reducers on average will lose less than 10 pounds? Determine the p-value.

  Confidence interval if increase in value of alpha

All else being equal, what occurs to your confidence interval when you increase value of alpha?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd