How would you describe the shape of the histogram

Assignment Help Microeconomics
Reference no: EM131008411

A poll conducted by the Associated Press-Ipsos on public attitudes found that most Americans are convinced that political corruption is a major problem (San Luis Obispo Tribune, December 9, 2005). In the poll, 1002 adults were surveyed. Two of the questions and the summarized responses to these questions follow:

Hardly anyone 1%
A small number 20%
A moderate number 39%
A lot of people 28%
Almost everyone 10%
Not sure 2%

How widespread do you think corruption is in public service in America?

a. Construct a stem-and-leaf display for these data using the thousands digit as the stem. Comment on the various features of the display.

b. Construct a histogram using class boundaries of 0 to,1000, 1000 to ,2000, and so on. How would you describe the shape of the histogram?

c. What proportion of subdivisions has total length less than 2000? between 2000 and 4000?

Reference no: EM131008411

Questions Cloud

Is the change the same for each group : Construct a comparative bar chart that allows the change in the pass rate for each group to be compared. Is the change the same for each group? Comment on any difference observed
Explain how one of these challenges impacts your own life : What personal outcomes do you expect by the end of the 12 weeks - describe the challenges that are the subject of this course. Briefly explain how one of these challenges impacts your own life.
E-commerce-performance standards : The United States Golf Association (USGA) sets performance standards for golf balls. For example, the initial velocity of the ball may not exceed 250 feet per second when measured by an apparatus approved by the USGA.
Coffee coupon instead of cash savings : How many times in a row would you have to get the coffee coupon instead of cash savings to be pretty sure that the company isn't living up to its advertised percentage of winners? Justify your answer by calculating a probability and explaining wha..
How would you describe the shape of the histogram : Construct a stem-and-leaf display for these data using the thousands digit as the stem. Comment on the various features of the display. Construct a histogram using class boundaries of 0 to,1000, 1000 to ,2000, and so on. How would you describe the..
What are the three primary classifications : To make the list more informative, the cash flows are classified according to the nature of the activities that create the cash flows. What are the three primary classifications?
Contemporary business environment : Evaluate the utility and relevance of any ONE of the operations management topics to the contemporary business environment
Determine the mean crack size : The size y (in millimetres) of a crack in a Pontiac Trans Am's front sub-frame weld is described by a random variable X with the following PDF: Sketch the PDF and CDF. Determine the mean crack size
Product effectiveness : A pharmaceutical company's old antacid formula provided relief for 70% of the people who used it. The company tests a new formula to see if it is better and gets a P-value of 0.27. Is it reasonable to conclude that the new formula and the old one ..

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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