Chapter 3: Problem 7
Find the population mean or sample mean as indicated. Sample: 20,13,4,8,10
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Chapter 3: Problem 7
Find the population mean or sample mean as indicated. Sample: 20,13,4,8,10
These are the key concepts you need to understand to accurately answer the question.
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Morningstar is a mutual fund rating agency. It ranks a fund's performance by using one to five stars. A one-star mutual fund is in the bottom \(10 \%\) of its investment class; a five-star mutual fund is at the 90 th percentile of its investment class. Interpret the meaning of a five-star mutual fund.
The highest batting average ever recorded in Major League Baseball was by Ted Williams in 1941 when he hit \(0.406 .\) That year, the mean and standard deviation for batting average were 0.2806 and \(0.0328 .\) In 2014 Jose Altuve was the American League batting champion, with a batting average of \(0.341 .\) In \(2014,\) the mean and standard deviation for batting average were 0.2679 and \(0.0282 .\) Who had the better year relative to his peers, Williams or Altuve? Why?
Explain how to determine the shape of a distribution using the box plot and quartiles.
Lawrence Summers (former Secretary of the Treasury and former president of Harvard) infamously claimed that women have a lower standard deviation IQ than men. He went on to suggest that this was a potential explanation as to why there are fewer women in top math and science positions. Suppose an IQ of 145 or higher is required to be a researcher at a top-notch research institution. Use the idea of standard deviation, the Empirical Rule, and the fact that the mean and standard deviation IQ of humans is 100 and 15 , respectively, to explain Summers' argument.
It is well documented that active maternal smoking during pregnancy is associated with lower-birth-weight babies. Researchers wanted to determine if there is a relationship between paternal smoking habits and birth weight. The researchers administered a questionnaire to each parent of newborn infants. One question asked whether the individual smoked regularly. Because the survey was administered within 15 days of birth, it was assumed that any regular smokers were also regular smokers during pregnancy. Birth weights for the babies (in grams) of nonsmoking mothers were obtained and divided into two groups, nonsmoking fathers and smoking fathers. The given data are representative of the data collected by the researchers. The researchers concluded that the birth weight of babies whose father smoked was less than the birth weight of babies whose father did not smoke. $$ \begin{array}{lll|lll} &{\text { Nonsmokers }} & &&{\text { Smokers }} \\ \hline 4194 & 3522 & 3454 & 3998 & 3455 & 3066 \\ \hline 3062 & 3771 & 3783 & 3150 & 2986 & 2918 \\ \hline 3544 & 3746 & 4019 & 4216 & 3502 & 3457 \\ \hline 4054 & 3518 & 3884 & 3493 & 3255 & 3234 \\ \hline 4248 & 3719 & 3668 & 2860 & 3282 & 2746 \\ \hline 3128 & 3290 & 3423 & 3686 & 2851 & 3145 \\ \hline 3471 & 4354 & 3544 & 3807 & 3548 & 4104 \\ \hline 3994 & 2976 & 4067 & 3963 & 3892 & 2768 \\ \hline 3732 & 3823 & 3302 & 3769 & 3509 & 3629 \\ \hline 3436 & 3976 & 3263 & 4131 & 3129 & 4263 \\ \hline \end{array} $$ (a) Is this an observational study or a designed experiment? Why? (b) What is the explanatory variable? What is the response variable? (c) Can you think of any lurking variables that may affect the results of the study? (d) In the article, the researchers stated that "birthweights were adjusted for possible confounders \(\ldots .\) "What does this mean? (e) Determine summary statistics (mean, median, standard deviation, quartiles) for each group. (f) Interpret the first quartile for both the nonsmoker and smoker group. (g) Draw a side-by-side box plot of the data. Does the side-byside boxplot confirm the conclusions of the study?
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