What are the other two data values

Assignment Help Basic Statistics

Reference no: EM13902047

1. The sample mean and sample variance of five data values are, respectively, x¯ = 104 and s2 = 16. If three of the data values are 102, 100, 105, what are the other two data values?

2. Suppose you are given the average pay of all working people in each of the 50 states of the United States.

(a) Do you think that the sample mean of the averages for the 50 states will equal the value given for the entire United States?

(b) If the answer to part (a) is no, explain what other information aside from just the 50 averages would be needed to determine the sample mean salary for the entire country. Also, explain how you would use the additional information to compute this quantity.

Reference no: EM13902047

Questions Cloud

Analyze the various ethical issues a financial manager : Analyzethevariousethicalissues afinancialmanagercouldpotentiallyfaceandhowthesecouldbehandled

Corporations law question : Advise the directors of Quick-Finance Ltd of their chances of success in successfully suing ER Sun to recover the $1 million dollars loaned to Nine Dragons Ltd on the basis of the contents of the auditor's report which they viewed on the world wide w..

Major differences between the two types of proceedings : In this module, you have learned about securities, as well as when attachment and perfection occurs.For this assignment, think of three items you personally have that involve a security. If you do not actually have any security interests, list three ..

Explain how modern theory of rent is an improvement : Explain how modern theory of rent is an improvement over Marshall''s theory of rent.

What are the other two data values : Suppose you are given the average pay of all working people in each of the 50 states of the United States. Do you think that the sample mean of the averages for the 50 states will equal the value given for the entire United States?

Please use the following hypothetical scenario : anet Johnson, an African American woman, has been working at the Tennessee Hydroelectric plant for 15 years. During that time, his performance reviews have been exemplary. She decided to apply for the new plant foreman position. Although she felt tha..

What reasons were given for the excessive amount of damages : What reasons were given for the excessive amount of damages against Dupont? How might this affect future similar lawsuits? Why would the medical monitoring expenses cost nearly $500 million? What recourse does Dupont have?

The plaintiff, smith corona, was the last remaining : The plaintiff, Smith Corona, was the last remaining manufacturer of portable electric typewriters in the United States. An action was brought to challenge the method used by the International Trade Administration to determine whether the Japanese typ..

Explain how a pie chart can be constructed : Explain how a pie chart can be constructed. If a data value had relative frequency r, at what angle would the lines defining its sector meet?

User Account

All Pages