Team Members Assignment 5

Shikhar Goyal Due on 09/24/18

Vinay Sagar Mudlapur
Tanish Gupta
Ananth Ramesh
We can use the Poisson Distribution. We can use Excel to
calculate the exact answer by substituting the values.
POISSON.DIST(0,3,0) = 0.04978707
Hence, 4.9% of the time more than 3 hours would elapse
between 2 phone calls.
4.979%
a) Here the random variable is b) Here the random variable
assumed to be normally is assumed to be normally
distributed. For the given data, we distributed. For the given
have data, we have
n = 20 n = 16
m = 4.85 m = 4.56
s = 0.75 s = 0.75

For 95% Confidence Interval a = 0.02

a = 0.05 Z0.01 = 2.326

m ± Za/2 * s/sqrt(n) = 4.56 ±
Z0.025 = 1.96
2.236*0.75/sqrt(16)
m ± Za/2 * s/sqrt(n) = 4.85 ±
= (4.124, 4.996)
1.96*0.75/sqrt(20)
= (4.521, 5.179)
c) Margin of error, E = 0.4

Level of significance, a = 0.05

s = 0.75
E = Za/2 * s/sqrt(n)
n = (Za/2 * s/E)2 = (1.96*0.75/0.4)2 =
13.505 = 14
1.644853627

9.5116762058
d) Margin of error, E = 0.2

Level of significance, a = 0.01

s = 0.75
E = Za/2 * s/sqrt(n)

n = (Za/2 * s/E)2 = (2.576*0.75/0.2) = 94

Average 15
SD 0.1

P(no more than 1% of items is larger than max) = 0.99

P(no more than 2% of items is smaller than min) = 0.02

Value at maximum 15.232635 (set max)

Value at minimum 14.794625 (set min)
Population 1000
sample 250
average 0.25

using the formula for confidence interval (proportions)

=(average) - [√(average*(1-average))/sample size]*Z

to calculate Z -value, alpha/2 = 0.025

Z= -1.959964

sqrt= 0.0136931
Upper limit 0.2768379
Lower Limit 0.2231621

Yes, It is smaller than 1/3 since P<0.276 (less than 1/3rd)

To find 'n' i.e. Sample size

We have
Margin of error E = 0.002
Z=1.96 -1.95996398 alpha/2 0.025
p=0.50
Using formula
E = Z*sqrt(p(1-p)/n)
We get
n=24 240100
therefore sample size = 24
DATA
418 Min 418 Ch
421 Q1 425
421 Median 437 450

422 Q3 448
425 Max 465 445
427
431 Box1-hidden 425
434 Box-2-lower 12 440
437 Box3-upper 11
439
435
446 Whisker Top 17
447 Whisker Bottom 7
448 430
453
454
425
463
465
420

415

410

Answeres:
a) There are no outliers and it is almost symmetrical
b) Yes because it is based on normal probability plot
c) As follows:

Std dev 15.1441602 Sample size 17

Average 438.2941176 Degree of freedom 16
alpha=0.050 alpha/2 0.025
t= -2.1199053
Upper limit 446.0805263
Lower limit 430.507709

Two sided interval (446.08, 430.50)

Yes, for 440 it is possible
No, for 450 it is not possible
Chart Title