According to the Canadian census of 2006, the median annual family income for families in Nova Scotia is $56,400. (Source: Stats Canada. www.statcan.ca) Consider a random sample of 24 Nova Scotia households. a. What is the expected number of households with annual incomes less than $56,400? Answer in 0 decimal place.Answer: Blank 1 b. What is the standard deviation of households with incomes less than $56,400 (Answer in 2 decimal places)Answer: Blank 2 c. What is the probability of getting at least 18 out of the 24 households with annual incomes under $56,400? (Answer in 3 decimal places)Answer: Blank 3 According to the Canadian census of 2006, the median annual family income for families in Nova Scotia is $56,400. (Source: StatsCanada. www.statcan.ca) Consider a random sample of 24 Nova Scotia households.a. What is the expected number of households with annual incomes less than $56,400? Answer in 0 decimal place.Answer: Blank 1b. What is the standard deviation of households with incomes less than $56,400 (Answer in 2 decimal places)Answer: Blank 2c. What is the probability of getting at least 18 out of the 24 households with annual incomes under $56,400? (Answer in 3 decimalplaces)Answer: Blank 3

Answered: Image /qna-images/answer/e30b3777-e150-49ee-8fad-a1c479168c02.jpg

Answered: According to the Canadian census of…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Question

According to the Canadian census of 2006, the median annual family income for families in Nova Scotia is $56,400. (Source: Stats Canada. www.statcan.ca) Consider a random sample of 24 Nova Scotia households.

a. What is the expected number of households with annual incomes less than $56,400? Answer in 0 decimal place.

Answer: Blank 1

b. What is the standard deviation of households with incomes less than $56,400 (Answer in 2 decimal places)

Answer: Blank 2

c. What is the probability of getting at least 18 out of the 24 households with annual incomes under $56,400? (Answer in 3 decimal places)

Answer: Blank 3

According to the Canadian census of 2006, the median annual family income for families in Nova Scotia is $56,400. (Source: Stats
Canada. www.statcan.ca) Consider a random sample of 24 Nova Scotia households.
a. What is the expected number of households with annual incomes less than $56,400? Answer in 0 decimal place.
Answer: Blank 1
b. What is the standard deviation of households with incomes less than $56,400 (Answer in 2 decimal places)
Answer: Blank 2
c. What is the probability of getting at least 18 out of the 24 households with annual incomes under $56,400? (Answer in 3 decimal
places)
Answer: Blank 3

Definition Definition Middle value of a data set. The median divides a data set into two halves, and it also called the 50th percentile. The median is much less affected by outliers and skewed data than the mean. If the number of elements in a dataset is odd, then the middlemost element of the data arranged in ascending or descending order is the median. If the number of elements in the dataset is even, the average of the two central elements of the arranged data is the median of the set. For example, if a dataset has five items—12, 13, 21, 27, 31—the median is the third item in ascending order, or 21. If a dataset has six items—12, 13, 21, 27, 31, 33—the median is the average of the third (21) and fourth (27) items. It is calculated as follows: (21 + 27) / 2 = 24.

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