Determining the z value-positive or negative

Assignment Help Basic Statistics
Reference no: EM1315985

Eric has computed that it takes an average (mean) of 17 minutes with a standard deviation of 3 minutes to drive from home, park the car, and walk to his job. One day it took Eric 21 minutes to get to work. You would use the formula for transforming a raw score in a sample into a z-score to determine how many standard deviations the raw score represents. Since his "score" is 21, you would subtract the mean of 17 from 21 and divide that result (4) by the standard deviation of 3. The z-score of 1.33 tells you that Eric's time to get to work is 1.33 standard deviations from the mean.

  • Is the z value positive or negative? Explain why it should be positive or negative.
  • Another day, it took Eric only 12 minutes to get to work. Using the same formula, determine the z value. Is it positive or negative? Explain why it should be positive or negative.
  • On a different day, it took Eric 17 minutes to get from home to work. What is the z value? Why should you expect this result even before you did the calculation?
  • Based on your study of z-scores, explain the three uses of z-scores. How might they each relate to Eric's trip between home and work?
  • What is the relationship between z-scores and the standard normal curve?

Reference no: EM1315985

Questions Cloud

Computethe following linear programming problem : Linear programming problems. Computethe following linear programming problem. Among which of the following points (X,Y) is feasible.
Solve the problem on time, work & distance : Solve the problem on time, work & distance
Imposition of tax and its impact on cost curves : How would each of the following affect the firm's marginal, average, and average variable cost curves?
Theory problems based on us regulations : Theory problems based on US regulations and distinguish between economies of scale and economies of scope
Determining the z value-positive or negative : Another day, it took Eric only 12 minutes to get to work. Using the same formula, determine the z value. Is it positive or negative? Explain why it should be positive or negative.
Calculation of gross interest cost and interest earned ratio : Calculation of gross interest cost and interest earned ratio and What would be the numeric adjustment(s), if any, to the Company's Consolidated Statement of Income and Consolidated Balance Sheet for minority interest in 2007?
Profit function-marginal cost and economies of scope : Consider a firm selling two different products at two different plants. The cost function for both plants is given by C (q 1 , q 2 ) = q 1 2  + αq 1 q 2  + q 2 2 .
Implications of company''s selection of an expected return : Briefly explain the implications of the Company's selection of an expected return on pension plan assets on the quality of the company's earnings
Change to the objective function or a raise in the value : Either no change to the Objective function or a raise in the value of the objective function depends on the constraint.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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