Chapter 9: Problem 478
A family had eight children. The ages were \(9,11,8,15,14\), \(12,17,14\) (a) Find the measures of central tendency for the data. (b) Find the range of the data.
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Chapter 9: Problem 478
A family had eight children. The ages were \(9,11,8,15,14\), \(12,17,14\) (a) Find the measures of central tendency for the data. (b) Find the range of the data.
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Suppose that you want to decide which of two equally-priced brands of light bulbs lasts longer. You choose a random sample of 100 bulbs of each brand and find that brand \(\mathrm{A}\) has sample mean of 1180 hours and sample standard deviation of 120 hours, and that brand \(\mathrm{B}\) has sample mean of 1160 hours and sample standard deviation of 40 hours. What decision should you make at the \(5 \%\) significance level?
Out of a group of 10,000 degree candidates of The University of North Carolina at Chapel Hill, a random sample of 400 showed that 20 per cent of the students have an earning potential exceeding \(\$ 30,000\) annually. Establish a \(.95\) confidence- interval estimate of the number of students with a \(\$ 30,000\) plus earning potential.
A highly specialized industry builds one device each month. The total monthly demand is a random variable with the following distribution. $$ \begin{array}{|l|l|l|l|l|} \hline \text { Demand } & 0 & 1 & 2 & 3 \\ \hline \mathrm{P}(\mathrm{D}) & 1 / 9 & 6 / 9 & 1 / 9 & 1 / 9 \\ \hline \end{array} $$ When the inventory level reaches 3, production is stopped until the inventory drops to 2 . Let the states of the system be the inventory level. The transition matrix is found to be \(\begin{array}{rlllll} & & 0 & 1 & 2 & 3 \mid \\\ & 0 & 8 / 9 & 1 / 9 & 0 & 0 \\ & 11 & 2 / 9 & 6 / 9 & 1 / 9 & 0 \\\ \mathrm{P}= & 12 & 1 / 9 & 1 / 9 & 6 / 9 & 1 / 9 \\ & 13 & 1 / 9 & 1 / 9 & 6 / 9 & 1 / 9\end{array}\) Assuming the industry starts with zero inventory find the transition matrix as \(\mathrm{n} \rightarrow \infty\)
Consider a distribution \(\mathrm{N}\left(\mu, \sigma^{2}\right)\) where \(\mu\) is known but \(\sigma^{2}\) is not. Devise a method of producing a confidence interval for \(\sigma^{2}\)
In a normal distribution, what is the \(Z\) -score equivalent of the median? What is the \(Z\) score above which only 16 percent of the distribution lies? What percentage of the scores lie below a \(Z\) score of \(+2.0 ?\)
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