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The following is a list of GPA ranges and frequencies from a high school. Use 1.

5 as the
midpoint of the 2.0 or less category.

GPA ƒi
2.0 or less 2
2.0-2.5 8
2.5-3.0 34
3.0-3.5 4
3.5-4.0 2

a. What is the mean GPA?


b. What is the sample standard deviation of the GPA?
c. Assuming the distribution is bell shaped what percentage of the students would have GPAs
between 1.5 and 3.9? Does this make sense given what you know about GPAs?

Answer

Titik tengah
GPA ƒi Fi.Xi (Xi - X)2
(Xi)
1.0-2.0 2 1,5 3,0 1,44
2.0-2.5 8 2,25 18,0 0,20
2.5-3.0 34 2,75 93,5 0,00
3.0-3.5 4 3,25 13,0 0,30
3.5-4.0 2 3,75 7,5 1,10
50 135,0 3,1

a. Mean 2,7
b. Sample Standar Deviation 0,249

c. Jika diasumsikan distribusinya adalah normal, maka persentase mahasiswa yang memiliki
IPK di antara 1,5 dan 3,9 adalah 62,5%. Sisa 37,5% adalah di bawah 1,5.
Hal ini tidak sesuai dengan sistem IPK yang kita ketahui. Saat ini, sistem IPK tidak
menggunakan distribusi normal. Maka, bentuk distribusi sangat memungkinkan terlalu ke
kanan ataupun ke kiri.

Yearly returns (rounded to the nearest percent) for GLD (a gold exchange traded fund) and SLV
(a silver exchange traded fund) are reported in the following table.

Year GLD   SLV


1 38%   25%
2 5%   –27%
3 26%   55%
4 26%   76%
5 12%   –4%

(See the Excel Data File.)

a. Calculate the covariance between GLD and SLV.


b. Calculate and interpret the correlation coefficient.

The following data represent the number of unique visitors and the revenue a website generated
for the months of July through December.

  Unique Visitors Revenue


July 26 2.2
August 18 3.4
September 14 6.2
October 22 8.6
November 55 5.6
December 75 5.8

(See the Excel Data File.)

a. What is the sample standard deviation for the number of unique visitors and the revenue?

b. Calculate the coefficient of variations. Which variable has a higher relative dispersion?
c. Calculate the sample correlation coefficient between the number of unique visitors and
Revenue.

d. Comment on the strength of the linear relationship. What does this mean for the owner of the
website?

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