1. The average cost of rent for a one-bedroom apartment in New York, NY is $2856 per month with a standard deviation of $233. Assume that the data is bell-shaped symmetric. Use the Empirical Rule to find each of the following. (Do not use z-scores!!!!!) a) Find the proportion of people in New York, NY who pay between $2157 and $3089 per month to rent a one-bedroom apartment. b) Find the probability that people in New York, NY who pay no more than $3322 per month to rent a one-bedroom apartment. c) Find the proportion of people in New York, NY who pay more than $2623 per month to rent a one- bedroom apartment.

1. The average cost of rent for a one-bedroom apartment in New York, NY is $2856 per month with a standard deviation of $233. Assume that the data is bell-shaped symmetric. Use the Empirical Rule to find each of the following. (Do not use z-scores!!!!!) a) Find the proportion of people in New York, NY who pay between $2157 and $3089 per month to rent a one-bedroom apartment. b) Find the probability that people in New York, NY who pay no more than $3322 per month to rent a one-bedroom apartment. c) Find the proportion of people in New York, NY who pay more than $2623 per month to rent a one- bedroom apartment.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Q: Which of the following are measures on positions of a data set? 1. the third qurtile 2. the median…

A: The third quartile, the median and the maximum measures the positions of a data set.

Q: For this set of data, the standard deviation (s) is equal to: 9, 8, 10, 5, 5, 2, 3, 6, 3

A: Mean:The formula for finding mean is shown below:

Q: Suppose that the mean cranial capacity for men is 1040 cc (cubic centimeters) and that the standard…

Q: Suppose that the exam scores of a statistics class were normally distributed with a mean of 94 and…

A: Solution: Let X be the exam score of a statistics class. From the given information, X follows…

Q: Assume that weights of men are normally distributed with a mean of 160 pounds and a standard…

A: Given, Weights of men follows normal distribution with mean 160 pounds and standard deviation 25…

Q: a. Suppose a 15 to 18-year-old male from Chile was 176 cm tall from 2009 to 2010. The z-score when x…

A: Given that Let X denotes the height of a 15 to 18 year old male from Chile in 2009 to 2010 X~N(170,…

Q: In an examination, the mean grade is 81 and the standard deviation is 6. Find the Z-score of the…

Q: Find Variance and Standard deviation for the following data. 4, 4, 7, 11, 14.

A: Given sample xi is: 4, 4, 7, 11, 14 Sample size, n = 5 Sample mean can be calculated as:…

Q: The following data relate to the age of a group of Govt. employees. Calculate the arithmetic mean…

A: Class Frequency (f) Mid value (x) d=X-Ahd=X-37.55A=37.5 , h=5 f⋅d f⋅d2 20 - 25 170 22.5 -3…

Q: A successful basketball player has a height of 6 feet 8 inches, or 203 cm. Based on statistics from…

A: Consider X is a random variable defined as the height of a successful basketball player.The provided…

Q: 1. Find the mean, the variance and the standard deviation for the data. {18, 18, 19, 18, 18, 25, 29,…

A: Given data is : 18,18,19,18,18,25,29,30,26,19 To find mean, standard deviation, and variance.

Q: A group of 894 women aged 70- 79 had their height and weight measured. The mean height was 159 cm…

A: Introduction - When Mean and standard deviation are given the formula for range is : Range = Mean…

Q: A statistician uses Chebyshev's Theorem to estimate that at least 90 % of a population lies between…

A: We have to find correct answer for given data..

Q: Based on a survey, the average monthly allowance of the students of Oxford University is ₱25,000…

Q: 20. For the data in the following sample: 10, 6, 8, 6, a. Find the mean and the standard deviation.…

A: 20. a. The mean of the sample is, x¯=∑ixin=10+6+8+6+55=355=7 Thus, the mean of the sample is 7. The…

Q: e. Compare the results of parts (a) through (d) to those when the standard deviation is 0.030. When…

A: We have given that e) standard deviation sigma =0.030 , ZSTAT= -1.24 and p-value =0.216 99%…

Q: Suppose that the mean weight for men 18 to 24 years old is 170 pounds, and the standard deviation is…

A: Mean()=170standard deviation()=20

Q: Assume mean and standard deviation of monthly expenses of households (in a city) are $210 and $40.…

A: μ=210σ=40130=210-240290=210-240∴k=2

Q: e following data represent the number of people aged 25 to 64 years covered by health insurance…

A: The formula to compute the sample mean is, The formula to compute population standard deviation is,…

Q: Suppose the scores of students on a Statistics course are Normally distributed with a mean of 440…

Q: 2. In a departmental examination on statistics, the mean grade was 64 and the standard deviation was…

A: Determine the number of students took the examinations. The number of students took the…

Q: The following are the number of cars passing a point on a highway per minute. 10 12 11 19 21…

A: Given raw data for for passing of cars : We have to calculate mean, median, mode, standard deviation…

Q: In a departamental examination in statistics given to 500 students, the mean score was 75 with a…

A: Any descriptive value calculated from a population is calleda. statisticsb. parameterc. meand.…

Q: The average chef at a restaurant earns $17 an hour with a deviation of $1.75. What are the chances…

Q: Researchers measured the data speeds for a particular smartphone carrier at 50 airports. The highest…

A: Hi! Thank you for the question. As per the honor code, we are allowed to answer three sub-parts at a…

Q: Calculate the means and standard deviations of:1, 2, 3, 4, 5 O a. mean = 3; st. dev. = 1.414 b. mean…

Q: Suppose that the mean weight for men 18 to 24 years old is 170 pounds, and the standard deviation is…

A: mean==170standard deviation==20

Q: For a data set of the pulse rates for a sample of adult females, the lowest pulse rate is 38 beats…

A: Note: Thank you for the question. Since multiple subparts are posted, according to our policy, we…

Q: Mr. Dela Cruz works for a New York theatrical agency whose employees had an average income last year…

Q: Calculate the means and standard deviations of:1, 2, 3, 4, 5

A: Let X denote the given observations. Then we have to calculate the mean and SD.

Q: Which of the following data sets has the smallest standard deviation? a. 1, 2, 3, 4, 5 b.…

Concept explainers

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.

Question

1. The average cost of rent for a one-bedroom apartment in New York, NY is $2856 per month with
a standard deviation of $233. Assume that the data is bell-shaped symmetric. Use the
Empirical Rule to find each of the following. (Do not use z-scores!!!!!)
a) Find the proportion of people in New York, NY who pay between $2157 and $3089 per month to
rent a one-bedroom apartment.
b) Find the probability that people in New York, NY who pay no more than $3322 per month to rent
a one-bedroom apartment.
c) Find the proportion of people in New York, NY who pay more than $2623 per month to rent a one-
bedroom apartment.
d) Between which two values does the middle 95% of the data lie?
e) Between which two values does the middle 68% of the data lie?
f) Using only the Empirical Rule, explain why it is not possible to find the proportion of people in New
York, NY who pay at least $2500 per month to rent a one-bedroom apartment.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step 3

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 3 steps with 4 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Point Estimation, Limit Theorems, Approximations, and Bounds$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.

Similar questions

Researchers measured the data speeds for a particular smartphone carrier at 50 airports. The highest speed measured was 71.9 Mbps. The complete list of 50 data speeds has a mean of x 17.38 Mbps and a standard deviation of s = 19.81 Mbps. a. What is the difference between carrier's highest data speed and the mean of all 50 data speeds? b. How many standard deviations is that [the difference found in part (a))? c. Convert the carrier's highest data speed to a z score. d. If we consider data speeds that convert to z scores between -2 and 2 to be neither significantly low nor significantly high, is the carrier's highest data speed significant?
Consider the data from the Anthropology 105 class. The mean for women is 64.33 in and the standard deviation is 2.64 in. The average height of men in the US is approximately 5ft 10in. What proportion of women represented here are shorter than the average man?
The average McDonald's restaurant generates $2.6 million in sales each year with a standard deviation of 1. Tatiana wants to know if the average sales generated by McDonald's restaurants in Alaska is different than the worldwide average. She surveys 25 restaurants in Alaska and finds the following data (in millions of dollars):3.2, 1.8, 0.9, 3.2, 3.6, 1.7, 4.2, 2, 3.1, 3.9, 3, 2.9, 2.5, 3.5, 3, 3, 2.4, 5, 3.8, 0.9, 2.2, 2.4, 2.6, 2.8, 3.3Perform a hypothesis test using a 10% level of significance.Step 1: State the null and alternative hypotheses.H0: Ha: (So we will be performing a LEFT OR RIGHT OR 2 TAILS test.)? Step 2: Assuming the null hypothesis is true, determine the features of the distribution of point estimates using the Central Limit Theorem.By the Central Limit Theorem, we know that the point estimates are NORMAL DISTRIITBUTE OR T DISTRIBUTED with distribution mean =? and distribution standard deviation =?
The length of time it takes for a worker to perform certain task (in minutes) was recorded for 10 workers. The resulting data values were the following: 5, 3, 11, 7, 6, 9, 4, 8, 7, 10 Find the mean, median, mode, range, variance and standard deviation. In the answers for the mean, variance, and standard deviation leave one digit after decimal point. a. Mean = d. Range = b. Median = e. Variance = c. Mode = f. Standard deviation =
A successful basketball player has a height of 6 feet 11 inches, or 211 cm. Based on statistics from a data set, his height converts to the z score of 5.17. How many standard deviations is his height above the mean?
7.
Suppose the scores of students on a Statistics course are Normally distributed with a mean of 400 and a standard deviation of 42. What percentage of the students scored between 316 and 400 on the exam? (Give your answer to 3 significant figures.) percent.
Use the following information for the question. The average travel time to work for a person living and working in Kokomo, Indiana is 17 minutes. Suppose the standard deviation of travel time to work is 4.5 minutes and the distribution of travel time is approximately normally distributed.Which of these statements is asking for a measurement (i. e. is an inverse normal question)? A.What percentage of people living and working in Kokomo have a travel time to work that is between thirteen and fifteen minutes? B.If 15% of people living and working in Kokomo have travel time to work that is below a certain number of minutes, how many minutes would that be?
3. Based on a survey, the average monthly allowance of the international students in Oxford University is ₱25,000 with a standard deviation of ₱1,000.00. The monthly allowance is normally distributed, what is the z-score of an international student with a monthly allowance of ₱23,000.
For the following data in the sample: 0, 6, 8, 6, 5 Find the mean and the standard deviation.