Determine the mean prize earned

Assignment Help Basic Statistics
Reference no: EM13117121

The amounts of money won by the top ten finishers in a famous car race are listed below.

$1,172,246
$163,659
$440,584
$350,634
$290,596
$186,731
$145,809
$143,209
$139,096
$125,106

What was the mean prize earned? Round your answer to the nearest cents.

Reference no: EM13117121

Questions Cloud

Forecasted direction for exchange rates : Use these two extreme points to analyze how European revenue would translate to U.S. dollars over the 5-year time period. Explains the forecasted direction for exchange rates and what that means to the company's revenue and profits.
Show the structure of sphingosine : Show the structure of sphingosine and indicate the relationship between sphingosine and ceramide.
What is the specific heat capacity of this sample of carbon : The amount of energy needed to heat 2.00 g of carbon from 50.0 C to 80.0 C is 42.6 J. what is the specific heat capacity of this sample of carbon.
International business-currency questions : Currencies fluctuate in value in terms of each other and some are hard and convertible while others are not. Please reference your local newspaper in the financial section
Determine the mean prize earned : The amounts of money won by the top ten finishers in a famous car race are listed below. What was the mean prize earned? Round your answer to the nearest cents.
Compute the magnitude and direction of the total gravitation : Compute the magnitude and direction of the total gravitational force exerted on one sphere by the other three.
Describe the changes in gene sequence that have occurred : How can we use what we know about this process to construct a timeline showing when various sequence changes occurred and when they lead to the modern sequences that we know today?
Illustrate what is the turntable''s rotation angular velocity : A compressed spring shoots the block radically outward along a frictionless groove in the surface of the turntable. Illustrate what is the turntable's rotation angular velocity when the block reaches the outer edge?
Explain the concept of competitive advantage : The concept of competitive advantage is as important for not-for-profit organizations as it is for for-profit organizations." Do you agree or disagree with this statement?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Mean of the sampling distribution of ?-hat

Suppose n = 1000 persons are to be sampled from this population and the sample proportion of married persons (ρ-hat) is to be calculated. What is the mean of the sampling distribution of ρ-hat?

  Standard error for regression equation

Standard error for regression equation - determination and non determination and explain the meaning of each.

  Clarification of test of hypothesis

A neurologist wants to detect whether the mean response time for drug-injected rats differs from a control group not injected. The control group has the mean response time of 1.2 seconds.

  One way analysis of variance in excel

Is there evidence to suggest a difference in the mean waiting times at the four body shops? Use the .05 significance level.

  Relationship bewtween r value and correlation strength

A linear correlation coefficient very close to 0 implies that there is a linear correlation between the averages, but a correlation between the averages does not imply a correlation between individuals as the conclusion incorrectly suggest.

  Point estimation-standard error-multiple regression equation

There are 6 children in a family. The number of children defines a population. The number of simple random samples of size 2 that are possible equals:

  Estimating the cost of unit

The first unit required 9800 hours to manufacture. The company expects to experience an 82% unit learning curve. Estimate the cost of the 20th unit. (Round intermediate calculations to 4 decimal places)

  Find is there interaction between operator and machine

The quality control director for a clothing manufacturer wants to study the effect of operators and machines on the breaking strength (in pounds) of wool serge material. Is there an interaction between operator and machine?

  Strength of the relationship using correlation and r-square

Evaluate the strength of the relationship by computing the coefficient of determination.

  Colorado brook trout

The length of a Colorado brook trout is normally distributed. What is the probability that a brook trout's length, (Round your answers to 4 decimal places.)

  Knowledge about binomial distribution

If you are dealt 3 cards from a shuffled deck of 52 cards, find the probability that all 3 cards are queens. A fair coin is tossed 8 times in succession. Find the probability of getting at least 4 heads.

  Prepare a frequency distribution

Prepare a frequency distribution from data given below that describes how long it took a person to drive to work in work week.

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