The monthly income of residents of Daisy City is normally distributed with amean of $3000 and a standard deviation of $500. The mayor of Daisy Citymakes $2,250 a month. What percentage of Daisy City's residents hasincomes that are more than the mayors? (Round up to 4 places of decimals)92.30% 6.68 % 93.32% None of the above.

This concept can be described as a method to know about the amount of dispersion in a set of data.…

Answered: The monthly income of residents 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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The ages (in years) of a random sample of shoppers at a gaming store are shown. Determine the range, mean, variance, and standard deviation of the sample data set. 12, 21, 23, 15, 20, 18, 21, 16, 15, 16 The range is 11. (Simplify your answer.) The mean is 17.7. (Simplify your answer. Round to the nearest tenth as needed.) The variance is 12.0. (Simplify your answer. Round to the nearest tenth as needed.) The standard deviation is (Simplify your answer. Round to the nearest tenth as needed.)
(See photo) The data set on the left represents the annual rate of return (in percent) of eight randomly sampled bond mutual funds, and the data set on the right represents the annual rate of return (in percent) of eight randomly sampled stock mutual funds. What proportion of the observations is within one standard deviation of the mean for each data set?
The problem below asks you to compare 4 different forecasting methodologies to determine which forecasting model results in the most accurate forecasts. Accuracy is determined by the lowest mean absolute deviation. Emergency calls to the 911 system of Greenville County for the past 24 weeks are shown below. Accurate forecasts are needed to determine the number of operators needed to staff the station. Week # of Calls 1 50 2 35 3 25 4 40 5 45 6 35 7 20 8 30 9 35 10 20 11 15 12 40 13 55 14 35 15 25 16 55 17 55 18 40 19 35 20 60 21 75 22 50 23 40 24 65 1. EXPONENTIAL SMOOTHING Compute the forecasts using α = .2. Calculate the MAD for weeks 4 through 24 only. Compute the forecasts using α = .6. Calculate the MAD for weeks 4 through 24 only. 2. SIMPLE LINEAR REGRESSION Use all of the data, weeks 1 - 24, to calculate the…
Find the mean and standard deviation for the individualized instruction scores. Scores Individualized Instruction 50 - 59 4 60 – 69 8 70 - 79 6 80 - 89 8 90 - 99 3 Mean = (Round to the nearest hundredth.)
Recently, a random sample of 13–18 year olds was asked, "How much do you currently have in savings?" The data in the table represent the responses to the survey. Approximate the mean and standard deviation amount of savings. LOADING... Click the icon to view the frequency distribution for the amount of savings. Savings Frequency $0– $199 343 $200– $399 94 $400– $599 62 $600– $799 21 $800– $999 9 $1000– $1199 5 $1200– $1399 3 The sample mean amount of savings is $nothing. (Round to the nearest dollar as needed.) The sample standard deviation is $nothing. (Round to the nearest dollar as needed.)

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