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A sample of 132 motels is selected from a large urban area and the price for a night of lodging for a single room was determined for each motel. The mean rate is computed to be $96 and the standard deviation is $14. One motel charged 460 per night which is the 16th percentile. Another motel charged $120 per night which is the 75 percentile.
1. How many motels charged at least $120 per night.
2. How many motels charged less than $60 per night?
3. If the z-score for a motel is 0.8, what is the price of a single room at the motel (in dollars)?
a correlation coefficient has an associated probability value of .02 then1. the results are important2. the hypothesis
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of three cards one is painted red on both sides one is painted black on both sides and one is painted red on one side
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Describe the situation and the variables and determine whether the variables are normally distributed or not. How could you change these to a normally distributed dataset?
A person is considering purchasing the stock of two home health companies that are similar in all respects except the proportion of earnings paid out as dividends.
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