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

Activity Based Costing, Activity Based Costing, Accounting Traditional cost...

Activity Based Costing, Accounting Traditional cost accounting has been based on allocating a subjective or calculated range of indirect expenses to direct costs. Activity Based Co

Business forecasting, Ask questionmethods of business forecasting #Minimum...

Ask questionmethods of business forecasting #Minimum 100 words accepted#

Capital budgeting techniques, Capital budgeting Techniques Financial com...

Capital budgeting Techniques Financial commitment spending budget (or investment appraisal) is the planning process used to figure out whether a company long run purchases such

Co-relation, Co-relation: Co-relation in this case studies the behavior how...

Co-relation: Co-relation in this case studies the behavior how each of the investment opportunity would react to any event vis – a vis each other. The same is measured in terms of

Shamim, the monthly income( in tk''s)persons workingin afarmis as flows ,14...

the monthly income( in tk''s)persons workingin afarmis as flows ,14870,14930,15020,14460,14750,14920,15720,15160,14680,14890 find average monthly income?

Calculate the investments through model, Anna is considering investing $150...

Anna is considering investing $150,000 by dividing it into three investments. But she is not sure how much to put in each one. The first investment is known to follow a uniform dis

Defining statistics, Problem 1 Statistics plays a vital role in almost ...

Problem 1 Statistics plays a vital role in almost every facet of human life. Statistics. Explain the applications of statistics in business and management. Defining Stati

Probability, What is the probability 0.10 called?

What is the probability 0.10 called?

Probability, Mike sells on the average 15 newspapers per week (Monday – Fri...

Mike sells on the average 15 newspapers per week (Monday – Friday). Find the probability that 2.1 In a given week he will sell all the newspapers

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