Income Frequency (1000s)

Under $10,000 4,187

$10,000 - $14,999 3,653
$15,000 - $24,999 8,639
$25,000 - $34,999 8,996
$35,000 - $49,999 12,192
$50,000 - $74,999 15,676
$75,000 & over 18,192
Total 71,535

a) 0.2191
b) 0.5153
c) 0.1096
P 0.9

a) 0.9
b) 0.99
c) 0.999
A: Rupee appeciates
Events Prior Probabilities
High Economic Growth (H) 0.3
Moderate Economic Growth(M) 0.5
Low Economic Growth(L) 0.2
1
Conditional Probabilities Joint Probabilities Posterior Probabilities
0.7 0.21 0.47
0.4 0.2 0.44
0.2 0.04 0.09
1.3 0.45

P(H/A) 0.47
 Standard
Average
Deviatio
MPG
n
Automobile A 42 4
Automobile B 38 7

a) P(A > 45) 0.226627

P(B > 45) 0.158655

She should choose car A

b) P(A < 39) 0.226627

P(B < 39) 0.556798

She should buy car A

K boat L boat Ho sigma12 - sigma22 = 0
12 11.8 Ha sigma12 - sigma22 not equal 0
13.1 12.1 alpha 0.05
11.8 12
12.6 11.6 F-Test Two-Sample for Variances
14 11.8
11.8 12 K boat
12.7 11.9 Mean 12.55
13.5 12.6 Variance 0.539090909090909
12.4 11.4 Observations 12
12.2 12 df 11
11.6 12.2 F 5.68824940047962
12.9 11.7 P(F<=f) one-tail 0.003801005191806
F Critical one-tail 2.81793046995309

p-value 0.007602010383613

Since p-value is greater than alpha, we accept H 0. Thus, we can assume equal varia
 L boat
11.925
0.094772727
12
11

s, we can assume equal variances for the two boats

 Stores for distinct
Observat
Country Consumers
ions
(Adult/Kid)
1 USA 1
2 USA 1
3 USA 1
4 USA 2
5 USA 2
6 USA 1
7 USA 1
8 UK 2
9 UK 2
10 UK 1
11 UK 1
12 UK 2
13 UK 2
14 UK 2
15 UK 1
16 UK 1
17 Canada 1
18 Canada 2
19 Canada 1
20 Canada 2
21 Canada 1
22 Canada 1
 Rep 1 Rep 2 Rep 3 Rep 4
Dist 1 1 3 10 12
Dist 2 17 12 16 14
Dist 3 17 21 22 25
Dist 4 20 10 17 23
Dist 5 22 21 37 32
 Technolog
Trained
Food Entertainm y
Event Planners Overall workfor
Services ent applicatio
ce
ns
Eventena Events 94.4 94.6 90.9 97.8 91
Crystal Events 93 96.7 84.2 96.7 99
way4events - Event 92.9 100 100 88.5 90
Lolipop events 91.3 88.6 94.8 97.1 88
Tina events 90.5 95.1 87.9 91.2 91
Carribean nights 90.3 92.5 82.1 98.8 91
Charlie events 90.2 96 86.3 92 99
Il Fornaio 89.9 92.6 92.6 88.9 87
Joe's dreams 89.4 94.7 85.9 90.8 91
Johnny Carino 89.2 90.6 83.3 90.5 99
Lone Star 89.2 90.9 82 88.6 90
LongHorn 89.1 93.1 93.1 89.7 88
Maggiano events 88.7 92.6 78.3 91.3 91
McGrath events 87.2 93.1 91.7 73.6 91
Olive Garden 87.2 91 75 89.7 88
Outback Steakhouse 86.6 94.4 78.1 91.6 91
IMC events 86.2 95.5 77.4 90.9 91
Grace events 86.1 94.9 76.5 91.5 88