Determine the mean wage rate using the raw data

Assignment Help Basic Statistics
Reference no: EM131061587

QUESTION 1- State whether each of the statements below is TRUE or FALSE. If FALSE, provide a reason.

1.1. In a data set, the range is a measure of dispersion.

1.2. The most frequently occurring value in a data set is called the median.

1.3. The most passive data collection method is experimentation.

1.4. In linear correlation, a Pearson's correlation coefficient of indicates a weak and indirect relationship between the variables.

1.5. The outcome of an examination is an example of a binomial experiment.

1.6. Approximately 95% of the area below the normal distribution curve lies between and.

1.7. The volume of water consumed by an athlete during the Comrades Marathon is quantitative and discrete.

1.8. There are three quartiles in a data set.

QUESTION 2- The following data give the hourly wage rates (Rands) for a sample of 20 workers selected from a large company.

12.50     9.45       13.85    7.25       8.70       14.60    11.75    14.50     10.80    12.45    7.50        15.90    9.75      11.50            13.30     6.25       15.50    12.80    5.35       9.50       2.1.

Using the raw data, determine the range. Group the data into a frequency distribution with a lowest class lower limit of R 5.00 and a class width of R 2.00.

1. Determine the mean wage rate using the raw data.

2. Draw an OGIVE curve corresponding to the data and use it to estimate the median.

QUESTION 3- The following data represents the number of cellular phones sold by an agent for 50 consecutive days. Cellular phones sold Frequency 1 - 13 7 14 - 26 6 27 - 39 5 40 - 52 9 53 - 65 15 66 - 78 8

1. For the 50-day period, calculate the:

mean number of cellular phones sold.

modal number of cellular phones sold.

2. Determine the standard deviation.

QUESTION 4-

1. The Food and Drug Administration (FDA) approves 20% of drugs submitted for its approval. Find the probability that in a sample of 15 drugs submitted for the FDA's approval, the number of drugs that are approved is: exactly.

2. State two properties of the normal distribution function.

3. A racing car is one of the many toys manufactured by Mack Corporation. The assembly time for this toy follows a normal distribution with a mean of 55 minutes and a standard deviation of 4 minutes. The company closes at 5pm every day. If one worker starts assembling a racing car at 4pm, what is the probability that she will finish this job before the company closes for the day?

Reference no: EM131061587

Questions Cloud

Associate the features of audience-purpose : Associate the features of audience, purpose, and text with various genres. Recognize the elements and correct use of a thesis statement. Recognize how to organize ideas with transitional words, phrases, and sentences.
Determine the following depreciation charge for the fifth yr : The percent of the original investment paid off in the first half of the service life using the sum-of-the-years-digits method.
Literacy development through phonemic awareness : What is the difference between phonemic awareness and phonics? Describe how a teacher can promote early literacy development through phonemic awareness.
Which system should be chosen : Check the values given for the discounted-cash-flow rate of return and net present worth. If the company requires a minimum rate of return of 10 percent, which system should be chosen?
Determine the mean wage rate using the raw data : Determine the mean wage rate using the raw data. Draw an OGIVE curve corresponding to the data and use it to estimate the median
What replacement return on his capital investment will the o : All other expenses except depreciation would be unchanged. If the old canning unit can be sold for $600, what replacement return on his capital investment will the owner receive if he decides to make the replacement?
Administrators notify authorities : When teachers or administrators notify authorities about possible abuse or neglect, they must also inform the individual or family suspected of this behavior.
Construct and submit frequency distribution of the data : Construct and submit frequency distribution of the data. Show classes, midpoints for each class, frequencies, relative and cumulative frequencies.
Contrast the best and worst visual presentations : Compare and contrast the best and worst visual presentations you have experienced as an audience member. Then, create a list of three "must do" and three "don't do" from your experiences.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Explain what is wrong when statistician survey voters

Next morning, he came to work at 8:00 and began to make calls. By 11:00 a.m., his survey was done. Don't discuss what is not said. Discuss what is wrong with what is said.

  Hypothesis and error types

In a specific company, there are three levels of workers: skilled, unskilled, and manager. The owner of this company wants to know if the level of job satisfaction differs amongst the three levels of workers.

  Probability that selected child will be affected by disease

A female offspring has no chance of inheriting the disease. Further suppose that 51.3% of births are male. What is the probability that a randomly chosen child will be affected by the disease?

  A 300 kg block is pushed along the ceiling with a constant

a 3.00 kg block is pushed along the ceiling with a constant applied force of 85.0 n that acts at an angle of 55.0deg

  Create a graph to display the distribution of doctors

Make a graph to display the distribution of doctors per 100,000 people.Write a brief description of the distribution.Are there any outliers?If so, can you explain them.

  Calculate standard deviation of sample proportion

Each week we take a sample of 100 CDs and inspect them to find the proportion defective, p. Calculate the standard deviation of the sample proportion. Assume that the sample size is small compared to the population size.

  Testing the significance of correlationa manufacturer must

testing the significance of correlation.a manufacturer must decide whether to extend credit to a retailer who would

  The insurance premiums for males and females

A. At first glance, does there seem to be a pattern to the relationship between the insurance premiums for males and females? Describe it.

  Correct conclusions from this procedure

Multiple comparison procedures are going to be done using the Bonferroni method with α = 0.10. The value of t** is 2.2426. The smallest minimum significant difference (MSD) for finding a difference between groups is computed as 17.68. The correct ..

  What is the possible range of scores for the data set

What is the possible range of scores for the data set - Horizon Academy in Belize as evidenced by assessment results.

  Motivates a government to establish such programs

Government Programs This chapter described many forms of government insurance and guarantee programs. What motivates a government to establish such programs?

  Assuming the amount of fill is normally distributed what is

a brewerys filling machine is adjusted to fill bottles with a mean of 32.2 oz. of ale and a variance of 0.005.

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