Statics process control and improvements, Basic Statistics

Assignment Help:

1. Warm-up Exercise

Volumes I, II, III, and IV of Shakespeare are in sequence next to one another in the library bookcase.  Each volume has 2" of pages and the front and back covers of each of the volumes are each ¼" thick.

If a bookworm starts at Page 1 of Volume I and eats its way through the volumes (following the shortest route) to the last page of volume IV, how many inches did the bookworm travel?

Answer the following three questions based on what you know about statistics now.

2. What is Statistics?

3. How is it abused?

4. How should it be used in decision-making?

5. Find the errors in the following mean, median, and mode matrix and correct them:

                                                Mean                                                    Median                                     Mode

a.  5, 3, 4, 1, 2?                    3                                                                  3                                            3

b.  5, 5, 5, 5, 5?                    5                                                                  5                                            5

c.  3, 3, 3, 1, 3, 5?                3                                                                  3                                            3

d.  8, 6, 4, 5, 8, 11?           7.5                                                                  8                                            8

e.  1, 1, 7, 1, 1?                2.2                                                                  1.5                                          1

6. Refer to the run chart on page 6.  Why is there no solid black vertical line at data point #4 = 8?

7. Calculate the variance and standard deviation of problems b-e below, using problem a as a guide:

a. 1, 2, 3, 4, 5

    Step 1     Step 2                 Step 3

      1     -3  =    -2     x   -2 =   4

      2     -3  =    -1      x  -1 =   1

      3     -3  =     0      x   0 =   0

      4     -3  =     1      x   1 =   1

      5     -3  =     2      x   2 =   4

Sum       15                                           Sum     10 (Step 4) / (5-1) = 10/4 = 2.5 (Step 5) = V

Number    5

Average   3                                                          Step 6 = the square root of V = 1.58 = SD

Now you do the following four:

b. 5, 5, 5, 5, 5

c. 1, 3, 3, 3, 3, 3, 5

d. 2, 5, 4, 5, 8, 6

e. 1, 1, 7, 1, 1

8. Using the x-axis given at the bottom of this page, construct the frequency histogram for the data set: 8, 10, 5, 11, 6, 6, 9, 12, 6, 8, 8, 20, 7, 8, 9, 7, 8, 7, 7, 13, 9, 8, 10, 8, 7, 8

5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20


Related Discussions:- Statics process control and improvements

Financial decision making managers, Income statement: Sosa Corporation rece...

Income statement: Sosa Corporation recently reported an EBITDA of $31.3 million and $9.7 million of net income. The company has $6.8 million interest expense, and the corporate tax

Capital account stockholders proprietorship, Define of capital account refl...

Define of capital account reflecting the funds invested in an entity. Capital account is termed as the account reflecting the funds invested in the entity by the stockholders or pa

Definition of brokerage based question, Definition of brokerage is termed a...

Definition of brokerage is termed as a fee paid to a broker for services. BROKERAGE is a fee which is paid to the broker for his/her services to act as an intermediary between the

Administering agency solutions, Administering agency solutions A professio...

Administering agency solutions A professional specific by the Office of Economical Control to provide common management of economic sales action. An administering agency is also a

Average Speed in Various Cases, Define Average Speed in Various Cases (a) ...

Define Average Speed in Various Cases (a) Particles covering different distances in different times say a particle covers s1 distance in time t1 ,s2 in time t2, s3 in time t3 and

Historigram, difference between historigram and histogram

difference between historigram and histogram

Profit margin (return on sales), Hugh Snore Bedding, Inc. has assets of $40...

Hugh Snore Bedding, Inc. has assets of $400,000 and turns over its assets 1.5 times per year. Return on assets is 12%. What is its profit margin (return on sales)?

Demonstrate the potential risk from financing in eurodollars, You have the ...

You have the following information about rates in London for Eurocurrency loans of one-year duration, the exchange rate between the USD and euros, the currency in which you want fi

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