(b)The following is the frequency distribution of the profit made by 100 companiesin Mombasa in 2016.Profit100-120120-140140-160160-180180-200200-220220-240(Ksh M)Number of1213119206.2companiesAs an incentive from the government, firms that earn a profit below Ksh.165Mpay a fixed tax of Ksh.30M while those earning above Ksh.165M pay a fixed taxof Ksh.20M.(i)How many companies earn above Ksh.165?(ii)What was the total tax paid by all the companies?Test whether the distribution above exhibits properties of a normaldistribution.(iii)

Given the frequency distribution of profit earned by 100 firms in Mombasa as shown below 1.The tax…

Answered: (b) The following is the frequency…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Similar questions

Construct a frequency bar graph. Congestive heart failure Coronary atherosclerosis Heart attack Infant birth Pneumonia 0 0 A 0 A A 100 200 Frequency 300 400
Calculate D, for the frequency distribution of monthly income of workers in a actory Income (in thousands) 0- 4 12 - 16 16 - 20 20 - 24 24 28 28 32 4 8 8- 12 No of persons 10 12 8 7 8 4 6. 5.
1. Simplified stock market Suppose there are three kinds of days: GOOD, GREAT, and ROTTEN. The following table gives the frequency of each of these types of days and the effect on the price of a certain stock on that day. Type of Day | Frequencey | Change in value---------------------------------------------GOOD | 60 % | +2GREAT | 10 % | +5ROTTEN | 30 % | -4 The type of a given day is independent of the type of any other day. Let X be the random variable giving the change in value of the stock after 1 day. a. What is the expected change in the stock price? (That is, find E(X)) b. Calculate Var(X). Note: Give your answer in decimal form, round to the nearest hundredths place.
For the first two weeks of the month of January 2022, the daily average of calls for roadside assistance from motorcycle drivers was kept track of. These were the outcomes: Find the Mode: Construct a frequency graph:
Make a frequency graph with Price catergories and order size. From $0-100, $100-200, $200-300 From Small Medium Large Order Received Shipped Order Size Returned 2-Jan 3-Jan $ 296.04 No 3-Jan 13-Jan $ 51.65 No 4-Jan 18-Jan $ 156.27 Yes 10-Jan 16-Jan $ 206.32 No 11-Jan 14-Jan $ 96.47 No 13-Jan 20-Jan $ 272.55 No 13-Jan 23-Jan $ 271.16 No 14-Jan 28-Jan $ 86.52 Yes 17-Jan 17-Jan $ 58.02 Yes 17-Jan 27-Jan $ 126.95 No 17-Jan 1-Feb $ 173.59 Yes 24-Jan 29-Jan $ 192.43 No 25-Jan 4-Feb $ 280.50 Yes 26-Jan 28-Jan $ 20.35 No 30-Jan 30-Jan $ 233.56 No 3-Feb 5-Feb $ 29.88 No 6-Feb 17-Feb $ 122.94 Yes 6-Feb 14-Feb $ 280.14 No 6-Feb 8-Feb $ 41.25 No 11-Feb 28-Feb $ 204.34 Yes 11-Feb 15-Feb $ 30.34 No 12-Feb 24-Feb $ 18.85 No 12-Feb 12-Feb $ 250.66 No 14-Feb 16-Feb $ 249.50 No 15-Feb 3-Mar $ 54.22 Yes 15-Feb 24-Feb $ 216.86 No 17-Feb 3-Mar $ 72.11 Yes 21-Feb 10-Mar $ 273.03 Yes…
Mr. Akram handles his own investment and has done for so many years. Listed below is the holding time between purchase and sale of his collection of stock. 11 11 9 15 8 8 12 5 9 8 5 5 14 9 10 11 3 9 8 6 8 9. 5 11 4 8 12 8 6 11 9 7 Create the frequency distribution from above mentioned information? About 75% of stock sells in what time? Draw the cumulative frequency distribution.
Solve its from frequency distribution and graphic presentations
15. OLD FAITHFUL Listed below are sorted duration times (seconds) of eruptions of the Old Faithful geyser in Yellowstone National Park. Use these times to construct a frequency distribution. Use a class width of 25 seconds and begin with a lower class limit of 125 seconds. 125 203 205 221 225 229 233 233 235 236 236 237 238 238 239 240 240 240 240 241 241 242 242 242 243 243 244 245 245 245 245 246 246 248 248 248 249 249 250 251 252 253 253 255 255 256 257 258 262 264
arsSHar 32. Find the Geometric mean from the following frequency distribution of the marks: Marks No. of students Marks 1eem No. of students sem 4-8 6. 24-28 12 8-12 10 28-32 10 12-16 18 32-36 6. 16-20 30 36-40 20-24 15
The following frequency distribution gives the credit card debt of bank customers. Debt Frequency $0 - $999 100 $1000 - $1999 300 $2000 - $2999 1200 $3000 $3999 1100 $4000 - $4999 600 $5000 $5999 200 Give the class width. (Enter without a dollar sign) O $999 O $1999.50, $2999.50, $3999.50, $4999.50 $1,000 O $4000
When looking at the chart in the image attached.Can you explain to me the thought process of finding and determining what the relative frequency of contracts involving fewer than 5 bidders would be and how that would be rounded up to 3 decimal places? Using frequency tables and relative frequency.
The following frequency distribution gives the credit card debt of bank customers. Debt Frequency $0- $999 100 $1000 $1999 300 $2000 - $2999 1200 $3000 - $3999 1100 $4000 $4999 600 $5000 - $5999 200 Give the class boundaries. $999 O $1999.50, $2999.50, $3999.50, $4999.50 $1999.05, $2999.05, $3999.05, $4999.05 O $1000 « Previous

Recommended textbooks for you

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability (10th Edition)

Probability

ISBN:

9780134753119

Author:

Sheldon Ross

Publisher:

PEARSON

A First Course in Probability

Probability

ISBN:

9780321794772

Author:

Sheldon Ross

Publisher:

PEARSON

SEE MORE TEXTBOOKS