Find the mean and standard deviation, Basic Statistics

Assignment Help:

A travel agency surveyed 38 customers holidaying in Australia who took their spouses on either a skiing or a golfing vacation.  The data comprises amounts (in hundreds of dollars).  The skiing holiday is at Mount Buller in Victoria whereas the golfing holiday is on the Gold Coast in Queensland.

You will now make your data unique by taking the last 4 digits of your student identification number and putting the first two digits at the end of the 'Skiing Holiday' data and the last two digits at the end of the 'Golfing Holiday data.  For example:  If the last 4 digits of your student number are  1234  then put 12 under the value '26' in the 'Skiing Holiday' column and 34 under the value '22' in the 'Golfing Holiday' column.  There will now be a total of 40 values for 40 couples. 

Skiing Holidays ($'00s)

Golfing Holidays ($'00s)

38

24

37

38

29

45

43

19

55

31

41

32

31

44

22

36

21

29

18

32

19

41

23

43

26

37

43

27

32

28

33

21

21

44

16

18

26

22

 

 

Question 1:

a) Show a table that displays all the summary statistics for 'Golfing Holidays' and highlight the values for the mean and standard deviation.

b) Use formula to find the mean and standard deviation for 'Skiing Holidays'.  Write down the formulas shown on the toolbar (to verify that you used the correct formulas).

Question 2:

a) Display a histogram for 'Golfing Holidays' using class widths of 5.  Describe the shape of the distribution in terms of skewness and kurtosis.   What are the values for the skew and for the kurtosis?

b) Display an ogive* for 'Golfing Holidays' and estimate the proportion of holiday makers who spend more than $3,000 on their golfing holiday.

Question 3:

We wish to randomly select eight of the twenty couples from the 'Skiing Holiday' data.  Explain what you must do before you can select the eight couples.  Which Excel technique will you use?  Randomly sample the eight couples and sort the sample data using 'Data-Sort'.  Why is it recommended that the data be sorted?

Question 4:

Of the twenty couples who chose a golfing holiday, 8 couples originated from Japan, 4 from Israel, 5 from India, 1 from Ireland and 1 from Canada.  The twentieth couple is represented by you and your spouse (or friend if you are not married) so you will need to put yourself in one of the categories or create a new category (showing your country of origin). Show two different ways of displaying this information to best advantage (one of these displays must not be a frequency distribution).

Question 5:

  a)  It has been determined from past golfing data that the number of hours a couple spend playing golf per day is normally distributed with a mean of 5 and a standard deviation of 2. Use an appropriate Excel function (ƒx) to determine the probability that a couple spend more than 6 hours playing golf per day.  Write down the formula shown in the shortcut tool bar.

 b)  Snowfalls occur randomly and independently over the course of winter on Mount Buller.  The average is one snowfall every three days.  Find the probability of a snowfall the day you and your friend plan to ski.  Use an appropriate Excel function (ƒx) and write down the formula shown in the shortcut tool bar.

Question 6:

Can we infer that skiers and golfers differ in their vacation expenses? Test at the 1% level of significance. Highlight the relevant critical value or p-value and the test statistic.


Related Discussions:- Find the mean and standard deviation

Accounting standards in united states, United States: There are currently ...

United States: There are currently more than 10000 companies that are registered with the SEC (Securities Exchange Commission). Of these, around 1000 are non US companies. The non

Functions , i need help it says for the tables of values determine appropri...

i need help it says for the tables of values determine appropriate veiwing window, create a scatter plot, write a function rule, and graph your funtion rule over your scatter plot

DIFFARENCE , Differentiate between Historigrams and Histogram

Differentiate between Historigrams and Histogram

Bond Relationship, Bond Relationship A debt gadget issued through a offici...

Bond Relationship A debt gadget issued through a official or just the formal legal procedure and secured either by the pledge of detailed properties or revenues or by the general

Data statistics in decision making, I need help with mystatlab assignment, ...

I need help with mystatlab assignment, can anyone assist me?

Interpret predictability and behaviou, Shafts are cut to length by two mach...

Shafts are cut to length by two machines, A and B. Each machine cuts 50 percent of all shafts in approximately the same amount of time. Machine A's shafts are all good, but Machine

Difference, difference b/w historigrams & histogram?

difference b/w historigrams & histogram?

Variance analysis, Variance analysis In spending budget (or control sales ...

Variance analysis In spending budget (or control sales in general), a change is the change between an allocated, thought out or conventional quantity and the actual quantity incur

Histogram and the boxplot, A study done at the University of Maryland (cite...

A study done at the University of Maryland (cited in Weiss, Introductory Statistics, 7th ed, 2005) measured the body temperatures of 93 healthy humans. On the frequency- histogram

Actual velocity, A boat is heading across a river at a velocity of 25 mph. ...

A boat is heading across a river at a velocity of 25 mph. The river is flowing downstream at 10 mph. What is the actual velocity of the boat?

Write Your Message!

Captcha
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