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

Define the critical value and degrees of freedom, (3) You  generate  a  nul...

(3) You  generate  a  null  hypothesis  that  = 32.   You  draw  a  random  sample  of  size n = 28 from the population. You observe the following sample statistics: Y = 35:5 and a

The value of its common stock, The Washington Corp stock has a β of 1.15 an...

The Washington Corp stock has a β of 1.15 and it will pay a dividend of $2.50 next year. The expected rate of return of the market is 17% and the current riskless rate is 9%. The e

Define Annuity , Annuity A sequence of equivalent money payments made or o...

Annuity A sequence of equivalent money payments made or obtained at equivalent durations over a specific time period.

Determine the coefficient of determination, 1. A researcher was interested ...

1. A researcher was interested lowering the high school dropout level in his county. He measured the reading level of students entering middle school (based on a standard test) and

Simple Linear Regression, One measure of the risk or volatility of an indiv...

One measure of the risk or volatility of an individual stock is the standard deviation of the total return (capital appreciation plus dividends) over several periods of time. Altho

Structural analysis and probability , 1.) Consider two chains R and S, each...

1.) Consider two chains R and S, each having 3 and 6 links respectively. Each link's resisting strength is normally distributed with a mean of 60,000 psi and standard deviation of

Eviews Task, I have one task to be done on Eviews.

I have one task to be done on Eviews.

Test the hypothesis, Arnold Palmer and Tiger Woods are two of the best golf...

Arnold Palmer and Tiger Woods are two of the best golfers ever to play the game. To show how these two golfers would compare if both were playing at the top of their game, the foll

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