assignment

© All Rights Reserved

0 views

assignment

© All Rights Reserved

- 26880870-Statistics-4040
- Hypothesis Testing Assignment
- Ch12 Exercises
- Statistics FinalReview
- Poulos Davis Pile Capacity Graphs
- GROUP A,MOe,TUM,ZAa
- Practise Problem3
- Assignment
- intsta1_lecture3.ppt
- Hypothesis+Testing
- Set 1
- Seismic Isolation Design Example
- IandF CT3 201509 ExaminersReport
- statisticsinpsyc00henr_statisticsinpsyc00henr.epub
- Business Statistics Syllabus
- Week3MC
- 03.Week 1 - Review on Basic Statistics
- 6sigma
- 05 Casio Quickstartguide Fx-991ex Fx-570ex Statistics
- Sample Sales Data

You are on page 1of 8

1. Look at the data given below. Plot the data, find the outliers and find out

Allied Signal 24.23%

Bankers Trust 25.53%

General Mills 25.41%

ITT Industries 24.14%

J.P.Morgan & Co. 29.62%

Lehman Brothers 28.25%

Marriott 25.81%

MCI 24.39%

Merrill Lynch 40.26%

Microsoft 32.95%

Morgan Stanley 91.36%

Sun Microsystems 25.99%

Travelers 39.42%

US Airways 26.71%

Warner-Lambert 35.00%

(i) What is inter-quartile range of this dataset? (please approximate the numbers) In one line, explain what this value implies

(ii) What can we say about the skewness of this dataset?

(iii) If it was found that the data point with the value 25 is actually 2.5, how would the new box-plot be affected?

(i) IQR : 12-5 = 7 , it means that the data distributed around from 5 to 12 with median around 7

(ii) the distribution tendency skewness towards to right side seeing from the boxplot graph

(iii) Q1 position will move to left side to number 2,5 and outlier will not be described into graph. The box will be symetrically

(i) Where would the mode of this dataset lie?

(ii) Comment on the skewness of the dataset.

(iii) Suppose that the above histogram and the box-plot in question 2 are plotted for the same dataset. Explain how these gr

* The mode lie in two numbers ( 5 and 7 )

** The skewness of the histogram moves towards right side

*** The box plot showed the median, q1 and q3 also the outliers . Meanwhile the histogram explained the mode or frequenc

4. AT&T was running commercials in 1990 aimed at luring back customers who had switched to one of the other long-distan

mistakenly getting Fiji, where a half-naked native on a beach responds incomprehensibly in Polynesian. When asked about

this was an enactment of something that “could happen.” Suppose that one in 200 long-distance telephone calls is misdirec

(Assume independence of attempts.)

1/80

5. Returns on a certain business venture, to the nearest $1,000, are known to follow the following probability distribution

x P(x)

-2,000 0.1

-1,000 0.1

0 0.2

1000 0.2

2000 0.3

3000 0.1

(i) What is the most likely monetary outcome of the business venture?

(ii) Is the venture likely to be successful? Explain

(iii) What is the long-term average earning of business ventures of this kind? Explain

(iv) What is the good measure of the risk involved in a venture of this kind? Compute this measure

* 2000

** if we put into the histogram, then we can that the graph will show gradually increasing shape until 2000 and the next valu

*** Average : 1/6

****

explain what this value implies.

-plot be affected?

dataset. Explain how these graphs complement each other in providing information about any dataset.

xplained the mode or frequency with outliers identified also .

to one of the other long-distance phone service providers. One such commercial shows a businessman trying to reach Phoenix and

Polynesian. When asked about this advertisement, AT&T admitted that the portrayed incident did not actually take place but added that

nce telephone calls is misdirected. What is the probability that at least one in five attempted telephone calls reaches the wrong number?

pe until 2000 and the next value, the possibility is a bit drastically down from 0.3 to 0.1

n trying to reach Phoenix and

ctually take place but added that

calls reaches the wrong number?

Topics: Normal distribution, Functions of Random Variables

1. The time required for servicing transmissions is normally distributed with m = 45 minutes and s = 8 minutes. The servi

is dropped off and the customer is told that the car will be ready within 1 hour from drop-off. What is the probability that t

A. 0.3875

B. 0.2676

C. 0.5

D. 0.6987

2. The current age (in years) of 400 clerical employees at an insurance claims processing center is normally distributed w

false, briefly explain why.

A. More employees at the processing center are older than 44 than between 38 and 44.

B. A training program for employees under the age of 30 at the center would be expected to attract about 36 employees.

3. If X1 ~ N(μ, σ2) and X2 ~ N(μ, σ2) are iid normal random variables, then what is the difference between 2

4. Let X ~ N(100, 202). Find two values, a and b, symmetric about the mean, such that the probability of the random varia

A. 90.5, 105.9

B. 80.2, 119.8

C. 22, 78

D. 48.5, 151.5

E. 90.1, 109.9

5. Consider a company that has two different divisions. The annual profits from the two divisions are independent and h

Answer the following questions about the total profit of the company in Rupees. Assume that $1 = Rs. 45

A. Specify a Rupee range (centered on the mean) such that it contains 95% probability for the annual profit of the compa

B. Specify the 5th percentile of profit (in Rupees) for the company

C. Which of the two divisions has a larger probability of making a loss in a given year?

utes and s = 8 minutes. The service manager plans to have work begin on the transmission of a customer’s car 10 minutes after the car

off. What is the probability that the service manager cannot meet his commitment?

g center is normally distributed with mean m = 38 and Standard deviation s =6. For each statement below, please specify True/False. If

erence between 2 X1 and X1 + X2? Discuss both their distributions and parameters.

divisions are independent and have distributions Profit 1 ~ N(5, 32) and Profit2 ~ N(7, 42) respectively. Both the profits are in $ Million.

that $1 = Rs. 45

or the annual profit of the company.

mer’s car 10 minutes after the car

- 26880870-Statistics-4040Uploaded byNabeel Khan
- Hypothesis Testing AssignmentUploaded byjujuyuk
- Ch12 ExercisesUploaded byamisha2562585
- Statistics FinalReviewUploaded byWolf's Rain
- Poulos Davis Pile Capacity GraphsUploaded bycarajita27
- GROUP A,MOe,TUM,ZAaUploaded byZandile Nchanja
- Practise Problem3Uploaded byvarunsmith
- AssignmentUploaded byjujuyuk
- intsta1_lecture3.pptUploaded bynofacejack
- Hypothesis+TestingUploaded byjujuyuk
- Set 1Uploaded bySravya Sri
- Seismic Isolation Design ExampleUploaded byFelipe Cantillano
- IandF CT3 201509 ExaminersReportUploaded byfrancisco
- statisticsinpsyc00henr_statisticsinpsyc00henr.epubUploaded byavidreader999
- Business Statistics SyllabusUploaded bySarah Burgen
- Week3MCUploaded byDaniel Prawira
- 03.Week 1 - Review on Basic StatisticsUploaded byIndi Monica
- 6sigmaUploaded byAlvino Yeo
- 05 Casio Quickstartguide Fx-991ex Fx-570ex StatisticsUploaded byAdrian Toribio
- Sample Sales DataUploaded byRiska Rini
- January 2011 QP - S1 EdexcelUploaded byWambui Kahende
- p2 Smkbm Percubaan p2 2014(a)Uploaded bymasyati
- Mean Median Mode Range 001010range 05inset 001Uploaded byMary Anne S. Alba
- MAEntranceQuestions-2012Uploaded byBharat Singhal
- Iris Chapter05Uploaded byTON
- Measures of Central TendencyUploaded byNor Hidayah
- HRMMUploaded bythugnature
- Origin of the word statistkUploaded bysudipintouch
- SPSS SIFATUploaded bySiti Fatimah Kahar
- Z Table (6)Uploaded byMax

- System Engineer.docxUploaded byjujuyuk
- Home Credit DataUploaded byjujuyuk
- 5.4 Lesson NotesUploaded byjujuyuk
- Problem Statement.txtUploaded byjujuyuk
- Hypothesis+TestingUploaded byjujuyuk
- Basic+StatisticsUploaded byjujuyuk
- QQ PlotUploaded byjujuyuk
- Set+5Uploaded byjujuyuk
- Statistic Level 2Uploaded byjujuyuk
- Set+2_Normal+Distribution+Functions+of+random+variables+(1).docxUploaded byAnil Sagar
- Set 1_Descriptive statistics+Probability (2)Uploaded bykitesreddy
- AssignmentUploaded byjujuyuk
- PSC - Notes of Lecture 10 (7 May 2018)Uploaded byjujuyuk
- What Are the Motivations Behind Stamped Acquisition for YahooUploaded byjujuyuk
- cournotUploaded byjujuyuk
- Examples and Exercises on Nash Equilibrium of Cournot's ModelUploaded byjujuyuk
- Project Management for ConstructionUploaded byjujuyuk
- Wire MeshUploaded byAhmad Yusuf

- SAPM - Risk AversionUploaded bygs_waiting_4_u
- Bibliografia - Dynamic Panels and Cointegration Tests - Pesaran MIT Course Readings 2010Uploaded byeumechamoflora
- Statistics MCQUploaded bysp_rao2000
- An Introductory Guide in the Construction of Actuarial Models: A preparation for the Actuarial Exam C/4Uploaded byKalev Maricq
- Conditional Probability WikiUploaded byghrux
- appstat.pdfUploaded byrfactor0976
- 14-bayesUploaded byMary G
- tema 2 ENGUploaded byXavier Jiménez
- Thermodynamics and Statistical MechanicsUploaded byAnwar Ali
- probability_business statisticsUploaded byacidreign
- Step by Step Solutions_ T-tests_ Paired_Dependent and IndependentUploaded bymichael_obeng_4
- INLAUploaded byAnonymous MGG7vMI
- The analysis of ordered categorical dataUploaded byAmritKaliasethi
- MainUploaded byMoulines Vincent
- Hypothesis tests for population proportion -large sample.docxUploaded bySheeky Sheeky
- HW1 SolutionsUploaded byRey Tang
- manstatsamplefinalexamUploaded byJhat_28
- Biostatistics 22003.pptUploaded bygod4alll
- Stat 156 Hw 4 SolutionsUploaded byteecherc2
- Statistics in MedicineUploaded byfffvvv123
- endogeneity test stata 14.pdfUploaded byUNLV234
- Modul Lansia k3Uploaded byglmoningka
- Blake ElectronicsUploaded byk_chops
- 120 eBook Elementos Basicos 2016 POSADAS Co 159pp (1)Uploaded byorlando paez
- Alpha Spending FunctionUploaded byEcaterina Adascalitei
- as02Uploaded byLakshmi Seth
- Sampling MethodsUploaded bybabyu1
- Efron et al 1996.pdfUploaded bypamrv
- Introduction to Statistical Process ControlUploaded byNilesh Jadhav
- HypothesisUploaded byMuhammad Arslan