DETAILSMY NOTESDEVORESTAT9 5.3.041.PREVIOUS ANSWERSASK YOUR TEACHERPRACTICE ANOTHERLet X be the number of packages being mailed by a randomly selected customer at a certain shipping facility. Suppose the distribution of X is as follows.x12 3 4p(x) 0.4 0.1 0.2 0.3(a) Consider a random sample of size n = 2 (two customers), and let X be the sample mean number of packages shipped. Obtain the probability distribution of X.I.1P(x) 0 161.50.082172.52833.50.04 X12409(b) Refer to part (a) and calculate P(X ≤ 2.5).69(c) Again consider a random sample of size n = 2, but now focus on the statistic R the sample range (difference between the largest and smallest values in the sample). Obtain the distribution of R. [Hint:Calculate the value of R for each outcome and use the probabilities from part (a).]R01P(R) 0X23(d) If a random sample of size n = 4 is selected, what is P(X ≤ 1.5)? [Hint: You should not have to list all possible outcomes, only those for which x ≤ 1.5.]Need Help?

a) Here the random sample of 2 is taken, so now we assume that the number of packages (x) on both…

Answered: DETAILS MY NOTES DEVORESTAT9 5.3.041.…

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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Next Question Assume that a randomly selected subject is given a bone density test. Those test s Draw a graph and find the probability of a bone density test score between - 2.15 and 2.15. distributed with a mean of 0 and a standard deviation of 1. ..... Sketch the region. Choose the correct graph below. A. В. С. D. -2.15 2.15 -2.15 2.15 -2.15 2.15 -2.15 2.15 The probability is (Round to four decimal places as needed.)
The price to earnings ratio (P/E) Is an Important tool in financial work. A random sample of 14 large U.S. banks (JP Morgan Chase, Bank of America, and others) gave the following P/E ratios.t 24 16 22 14 12 13 17 22 15 19 23 13 11 18 The sample mean is x = 17.1. Generally speaking, a low P/E ratio indicates a "value" or bargain stock. Suppose a recent copy of a magazine indicated that the P/E ratio of a certain stock index is H = 18. Let x be a random variable representing the P/E ratio of all large U.S. bank stocks. We assume that x has a normal distribution and o = 4.7. Do these data indicate that the P/E ratio of all U.S. bank stocks is less than 18? Use a = 0.01. (a) What is the level of significance? State the null and alternate hypotheses. Will you use a left-tailed, right-tailed, or two-tailed test? O Ho: H = 18; H1: H # 18; two-tailed O Ho: H = 18; H1: H 18; right-tailed %3D O Ho: H # 18; H1: H = 18; two-tailed (b) What sampling distribution will you use? Explain the rationale…
llustration 9.4. The first and third columns of Table 9.3 give the frequency distribution of the average monthly earnings of male workers. Calculate the mean earnings. TABLE 9.3. DISTRIBUTION OF MALE WORKERS BY AVERAGE MONIHLY EXPENSES (Computation of Arithmetic Mean . . . Long Method) Monthly earnings Mid-point No. of workers Rs Rs Rs m fm 3,600 5,320 6,800 9,630 20,500 23,595 34,080 42,250 27.5 - 32.5 30 120 32.5–37.5 35 152 37.5–42.5 40 170 42.5 47.5 45 214 47.5 – 52.5 50 410 52.5 57.5 55 429 57.5 62.5 60 568. 62.5-67.5 65 650 55,650 68,625 59,600 45,050 23,310 14,440 10,700 5,250 2,750 67.5 -72.5 70 795 72.5 -77.5 77.5-82.5 75 915 80 745 82.5-87.5 85 530 87.5-92.5 90 259 92.5-97.5 95 152 97.5 - 102.5 100 107 102.5--107.5 105 SO 107.5 -112.5 110 25 Σ 6,291 4, 31,1 50
#4
Briefly explain how increasing sample size influences each of the following. Assume that all other factors are held constant. Does tach increase, decrease, or stay the same? (M-u) (M-u)Vn The size of the Z-score Z. = M-u – OM (M-u) The size of Cohen's d d = (Mcr-u) (Mcr-u)vn The power P( 2Z> Mcritical-µu
Histograms of random sample data are often used as an indication of the shape of the underlying population distribution. The histograms on the next page are based on random samples of size 30,50 and 100 from the same population. a. Using the midpoint labels of the three histograms, what would you say about the estimated range of population data from smallest to largest? Does the bulk of the data seem to be between 8 and 12 all in three histograms? b. The population distribution from which the samples were drawn is symmetric and mound shaped, with the top of the mound at 10,95% of the data between 8 and 12, and 99.7% of data between 7 and 13. How well does each histogram reflect these characteristics?
I need help with parts 2,3, and 6
Which equation is used to convert a sampling distribution into Student's t-distribution? A B C E F x -4 (n-1)s F = t = t s/Vn Z = %3D s/Vn OB D OE
Which of the following indicates that the use of a two-sample zz-interval for a difference in population proportions is appropriate? Two populations of interest exist. The variable of interest is categorical. The intent is to estimate a difference in sample proportions. I only A II only B III only C I and II only D I, II, and III E
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