Each year, Forbes magazine publishes a list of the world's richest people. Weconstructed a table, based on a 2013 Forbes article that shows the 25 richestpeople in the world, as of March of that year.WealthRank NameAge Citizenship ($ billions)1Carlos Slim Helu & family73Mexico732Bill Gates57United States67Amancio OrtegaWarren Buffett77SpainUnited States5748253.5Larry Ellison68United States436Charles Koch77United States346David Koch73United States34Hong KongFrance8Li Ka-shingLiliane Bettencourt & familyBernard Arnault & familyChristy Walton & familyStefan PerssonMichael Bloomberg843190301064FranceUnited States29115828.21265Sweden281371United States2714Jim Walton65United States26.7United States6315Sheldon AdelsonAlice Walton7926.516United States26.317S. Robson WaltonUnited States699326.1Karl AlbrechtGermanyUnited States182619Jeff Bezos4925.220United StatesLarry PageSergey BrinMukesh Ambani40232139United States22.856 | India882221.5Michele Ferrero & familyLee Shau Kee23ItalyHong KongCanada20.4248520.324David Thomson & family5520.3 a. For each of the five columns of the table, classify the data as eitherqualitative or quantitative; if quantitative, further classify it as discrete orcontinuous. Also, identify the variable under consideration in each case.b. b. Obtain frequency and relative-frequency distributions of the citizenshipdata.c. Construct and interpret a pie chart for the citizenship data using MicrosoftExcel OR Minitab.d. Construct and interpret a bar chart for the citizenship data using MicrosoftExcel OR Minitab.e. Use limit grouping, with grouping by 10s, to organize the age data intofrequency and relative-frequency distributions.f. Obtain stem-and-leaf diagram of the age data.g. Use cutpoint grouping to organize the wealth data into frequency andrelative-frequency distributions. Employ a class width of 5 and a first cutpointof 20.h. Obtain stem-and-leaf diagram of the wealth data.

Since you have posted a question with multiple sub-parts, we have provided answer for first 3…

Each year, Forbes magazine publishes a list of the world's richest people. We constructed a table, based on a 2013 Forbes article that shows the 25 richest people in the world, as of March of that year. Wealth Rank Name Age Citizenship ($ billions) 1 Carlos Slim Helu & family Bill Gates 73 Мexico 73 2 57 United States 67 Amancio Ortega 57 53.5 3 77 Spain 4 Warren Buffett 82 United States Larry Ellison Charles Koch 68 United States 43 77 United States 34 6 David Koch Li Ka-shing Liliane Bettencourt & family 90 10 73 United States 34 8 84 Hong Kong France 31 30 Bernard Arnault & family Christy Walton & family Stefan Persson 64 France United States Sweden United States United States 29 11 58 28.2 12 65 28 Michael Bloomberg Jim Walton 13 71 27 14 65 26.7 15 Sheldon Adelson 79 United States 26.5 16 Alice Walton 63 United States 26.3 S. Robson Walton Karl Albrecht Jeff Bezos 17 69 United States 26.1 Germany United States United States United States India 18 93 26 19 49 25.2 20 Larry Page Sergey Brin 21 Mukesh Ambani 22 40 23 39 56 22.8 21.5 Michele Ferrero & family Lee Shau Kee 23 88 Italy 85 Hong Kong 55 Canada 20.4 24 20.3 24 David Thomson & family 20.3

Each year, Forbes magazine publishes a list of the world's richest people. We constructed a table, based on a 2013 Forbes article that shows the 25 richest people in the world, as of March of that year. Wealth Rank Name Age Citizenship ($ billions) 1 Carlos Slim Helu & family Bill Gates 73 Мexico 73 2 57 United States 67 Amancio Ortega 57 53.5 3 77 Spain 4 Warren Buffett 82 United States Larry Ellison Charles Koch 68 United States 43 77 United States 34 6 David Koch Li Ka-shing Liliane Bettencourt & family 90 10 73 United States 34 8 84 Hong Kong France 31 30 Bernard Arnault & family Christy Walton & family Stefan Persson 64 France United States Sweden United States United States 29 11 58 28.2 12 65 28 Michael Bloomberg Jim Walton 13 71 27 14 65 26.7 15 Sheldon Adelson 79 United States 26.5 16 Alice Walton 63 United States 26.3 S. Robson Walton Karl Albrecht Jeff Bezos 17 69 United States 26.1 Germany United States United States United States India 18 93 26 19 49 25.2 20 Larry Page Sergey Brin 21 Mukesh Ambani 22 40 23 39 56 22.8 21.5 Michele Ferrero & family Lee Shau Kee 23 88 Italy 85 Hong Kong 55 Canada 20.4 24 20.3 24 David Thomson & family 20.3

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: Compute the coefficient of determination, ρ2, with percentage of games won as the dependent…

Q: Report the five-number summary of the domestic gross income.

A: The top ten movies based on Marvel comic book characters for the U.S. box office as of fall 2017 are…

Q: CEO ages E

A: Complete Table:

Q: m services receives an average of 6.5 return

A: 50 percent Day traders should strive to keep their win-rate near 50 percent or above; that way,…

Q: What would be the number of subscribers on the year 2022?

Q: (a) How many business owners in the survey plan to provide a holiday gift to their employees this…

A: Given: Population proportion of business owners gave a gift to employees ,p=0.50 Sample proportion ,…

Q: You may need to use the appropriate technology to answer this question The Wall Street Journals…

Q: Looking at this table, what is the overall gender breakdown of the voiceovers in 2020? Which gender…

A: Contingency table

Q: Do 8% of Dallas citizens commute to work? A survey on commuting by car was done on a random sample…

Q: ul 2.6 Global credit cards. There are currently six global credit card companies that allow…

A: The question is about types of data and it's graphical representation.Given :To find :a ) Type of…

Q: Many countries, especially those in Europe, have significant gold holdings. But many of these…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Many countries, especially those in Europe, have significant gold holdings. But, many of these…

A: a. Scatter diagram for the total value of a country's gold holdings as the independent variable is-…

Q: C2. Below we present a cross-tabulation of views on restoring the voting rights of felons in prison…

A: (a) Obtain the percentage of the cross tabulation of the given data. The percentage of the cross…

Q: b) Round your answers to the following questions to one decimal place. What percent of the survey…

A: Given Data : Cell Phone Owned Frequency Android smartphone 458 iPhone smartphone…

Q: YouTube is a popular destination on the internet; let's look at how YouTube usage is distributed…

A: Event Y denote that selected internet user has to use internet and Ai ,i=1,2,and 3 denote that…

Q: You may need to use the appropriate appendix table or technology to answer this question. According…

A: (a) CLAIM : Proportion of 22 to 30 years old job seekers who use social media in their job search…

Q: Suppose that a team of campaign volunteers surveyed 150 likely voters to gauge support of a school…

A: Consider, P(support|children)=P(support and children)P(children)…

Q: Find the 5-number summary for the data ( this is done in the 1st sheet to show the commands to find…

A: Note: Hi there! Thank you for posting the question. As you have posted multiple questions, as per…

Q: Entrepreneur magazine ranks franchises using performance measures such as growth rate, number of…

A: Frequency is number of times an event happen. The number of individual observations can be explained…

Q: The following table gives the 2012 total payroll (in millions of dollars) and the percentage of…

Q: In his may 17, 2010 OP-ed column in THE NEW YORK TIMES Bob herbert noted that the dropout rate for…

A: In order to check whether the number one is reasonable or not, take the reference from the site to…

Q: Assume that a recent survey suggests that about 88% of computers use a new operating system.

A: The proportion is about 88% of computers use a new operating system.

Q: Determine the difference between the 2014 cranberry production in Washington and the 2014 cranberry…

A: Here the data is given between the cranberry production and states.

Q: A researcher is interested to see if income is related to education level. Income (Dollars)…

A: Given: Income (Dollars) Education (Years) 36577 11 54365 12 33542 10 65654 12 45765 11…

Q: Many companies needed to conduct a survey in different sectors to find out which department is best…

Q: Two hundred consumers were surveyed about a new brand of snack food, Crunchicles. Their age groups…

A: Given dataa)The number of consumers who dislikes Chrunchicles = 17The number of consumers of age…

Q: Using a 0.05 level of significance, would you conclude that the proportion of business owners…

Q: find smaple coeffcient of variation 4.1,4.2,.2,4.3,4.4,4.4,4.5,4.7,4.9

Q: Graduate Programs in Statistics! One of the many wonderful things about studying statistics is that…

Q: The numbers of users that check social media daily is the same for "35 to 44" and "45 to 54" age…

A: We have to analyze the bar graph.

Q: Eight movies based on Marvel comic book characters for the U.S. box office as of fall 2017 are shown…

Q: The data below is from https://www.worldometers.info/world-population/mexico-population/ Year…

A: 1)Given data of Year and respective population in Mexico as shown below The scatter plot of the data…

Q: ▸ Dashboard с YouTube MyOpenMath…

A: Also given the incomplete table is we have to complete this table and also we have to find the…

Q: None

A: Step 1:Step 2:Step 3:Step 4:

Q: Lodging, Car Rental, and Meal Taxes ($) Formula =AVERAGE(A2:A201) 20.58 Sample Mean (2 decimals)…

A: Given information: Mean (x) = 41.91 Standard deviation (s) = 8.50 Sample size (n) = 200

Q: The following table lists animals that have some of the longest lifespans on earth. Does incubation…

A: a. Enter the data in Excel.

Concept explainers

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.

Question

Each year, Forbes magazine publishes a list of the world's richest people. We
constructed a table, based on a 2013 Forbes article that shows the 25 richest
people in the world, as of March of that year.
Wealth
Rank Name
Age Citizenship ($ billions)
1
Carlos Slim Helu & family
73
Mexico
73
2
Bill Gates
57
United States
67
Amancio Ortega
Warren Buffett
77
Spain
United States
57
4
82
53.5
Larry Ellison
68
United States
43
6
Charles Koch
77
United States
34
6
David Koch
73
United States
34
Hong Kong
France
8
Li Ka-shing
Liliane Bettencourt & family
Bernard Arnault & family
Christy Walton & family
Stefan Persson
Michael Bloomberg
84
31
90
30
10
64
France
United States
29
11
58
28.2
12
65
Sweden
28
13
71
United States
27
14
Jim Walton
65
United States
26.7
United States
63
15
Sheldon Adelson
Alice Walton
79
26.5
16
United States
26.3
17
S. Robson Walton
United States
69
93
26.1
Karl Albrecht
Germany
United States
18
26
19
Jeff Bezos
49
25.2
20
United States
Larry Page
Sergey Brin
Mukesh Ambani
40
23
21
39
United States
22.8
56 | India
88
22
21.5
Michele Ferrero & family
Lee Shau Kee
23
Italy
Hong Kong
Canada
20.4
24
85
20.3
24
David Thomson & family
55
20.3

a. For each of the five columns of the table, classify the data as either
qualitative or quantitative; if quantitative, further classify it as discrete or
continuous. Also, identify the variable under consideration in each case.
b. b. Obtain frequency and relative-frequency distributions of the citizenship
data.
c. Construct and interpret a pie chart for the citizenship data using Microsoft
Excel OR Minitab.
d. Construct and interpret a bar chart for the citizenship data using Microsoft
Excel OR Minitab.
e. Use limit grouping, with grouping by 10s, to organize the age data into
frequency and relative-frequency distributions.
f. Obtain stem-and-leaf diagram of the age data.
g. Use cutpoint grouping to organize the wealth data into frequency and
relative-frequency distributions. Employ a class width of 5 and a first cutpoint
of 20.
h. Obtain stem-and-leaf diagram of the wealth data.

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

Step 2

Step 3

Step 4

Trending now

This is a popular solution!

Step by step

Solved in 4 steps with 2 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Linear Equations$

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

Wageweb conducts surveys of salary data and presents summaries on its Web site. Based on salary data as of October 1, 2002, Wageweb reported that the average annual salary for sales vice presidents was $142,111, with an average annual bonus of $15,432 (Wageweb.com, March 13, 2003). Assume the following data are a sample of the annual salary and bonus for 10 sales vice presidents. Data are in thousands of dollars. Vice President 1 2 3 4 5 6 7 8 9 10 Salary 135 115 146 167 165 176 98 136 163 119 Bonus 12 14 16 19 22 24 7 17 18 11 Develop a scatter diagram for these data with salary as the independent variable. What does the scatter diagram developed in part (a) indicate about the relationship between salary and bonus? Use the least squares method to develop the estimated regression equation. Provide an interpretation for the slope of the estimated regression equation. Predict the bonus for a vice president with an annual salary of $120,000.
Q5.
Many countries, especially those in Europe, have significant gold holdings. But, many of these countries also have massive debts. The following data show the total value of gold holdings in billions of U.S. dollars and the debt as a percentage of the gross domestic product for nine countries (WordPress and Trading Economics websites, February 24, 2012). Country Gold Value Debt China 63 17.7 France 146 81.7 Germany 203 83.2 Indonesia 33 69.2 Italy 147 119 Netherlands 36 63.7 Russia 50 9.9 Switzerland 62 55 U.S. 487 93.2 c. Using the entire data set, develop the estimated regression equation that can be used to predict the debt of a country given the total value of its gold holdings. d. Use residual analysis to determine whether any outliers or influential observations are present. e. Suppose that after looking at the scatter diagram in part (a) that you were able to visually identify what appears to be an influential observation. Drop this observation…
Credit card debt: In a survey of 1118 U.S. adults conducted in 2012 by the Financial Industry Regulatory Authority, 810 said
A sampling technique used when groups are defined by their geographical location is cluster sampling. convenience sampling. judgment sampling. random sampling.
(0.5,3.4),(0.2,3.7),(1.2,5.5),(2.9,7.3),(3.4,7.9),(2.4,5.9),(4.4,8.1),(4.5,7.9),(4.9,7.9),(3.3,6.6) Compute the coefficients of polynomials of degrees 3,4,5,6,7,8,9(3 to 9) that approximates the above data points in the least-square sense using Cholesky factorization.
In January, 2015, there were 97.89 million people in the United States who owned a smartphone that ran the Google Android operating system (OS). The Google Android OS was used on 53.2% of all smartphones. Howmany people in the United States owned a smartphone in January, 2015?
In a new subdivision, six homes cost $75000, eight homes cost $80000, and six homes cost $105000. What is the sum of the weighted average and the mode of these homes' costs? $166300 $166000 $167400 O $165000 O $165200
There are 64% of US adults who own a smartphone, up from 35% in 2011. Smartphones have become an important way for Americans to communicate, go online, access and share information. The Pew Research Center surveyed 1635 people in November, 2014 on smartphone ownership. Their goal was to learn how Americans use their smartphone devices. Identify the population and the sample.
Travel + Leisure magazine presented its annual list of the 500 best hotels in the world. The magazine provides a rating for each hotel along with a brief description that includes the size of the hotel, amenities, and the cost per night for a double room. A sample of 12 of the top-rated hotels in the United States follows. Location Rooms Cost/Night Phoenix, AZ 220 499 Orlando, FL 727 340 Los Angeles, CA 285 585 Boston, MA 273 495 Washington DC 145 495 Ashville, NC 213 279 Phoenix, AZ 398 279 Island of Hawaii 343 455 Laguna Beach, CA 250 595 Chicago, IL 414 367 Dana Point, CA 400 675 Colorado Springs, CO 700 420 What is the sample correlation coefficient? What does it tell you about the relationship between the number of rooms and the cost per night for a double room? Does this appear reasonable? Discuss. Please show steps in Excel.
USA Today published the weekday circulation numbers for the top 15 newspapers in the country. Here are the data for the 6-month period ending in March 31, 2006. 2,272,815 2,149.786 1,141.464 751.832 724,242 708,477 673,379 579,079 513,387 438,722 427.771 398.329 398,246 397.288 365,011 a) Calculate the mean of this data set. Round to the nearest newspaper. b) Calculate the median of the data set of this data set. Round to the nearest newspaper. c) Which measure of center, the mean or the median, would better describe the center of the data set? Justify vour answer! .... B I S I X, x² Insert Formula