tudy the following problems and determine what is appropriate to use – descriptive or inferential statistics. Justify your answer in not more than two sentences. Does Manny Pacquiao’s income from pay-per-view TV exceed his price money, considering his last five boxing bouts?
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Study the following problems and determine what is appropriate to use – descriptive or
Does Manny Pacquiao’s income from pay-per-view TV exceed his price money, considering his last five boxing bouts?
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- Do you need inferential statistics to answer each of the following questions? (Answer “yes” or “no” for each question) a. How many wheels are on a bicycle? b. How many bicycles are parked outside of the Starbucks at the corner of Boyd and Asp? c. What proportion of Belgium residents own bicycles? d. Do Oklahoma students outperform the national average on the college entrance exam? e. Did you outperform the national average on the college entrance exam? f. Is it hotter today in Tulsa than Topeka? g. Is the average temperature in Tulsa greater than that of Topeka1. Fill in the blanks for each of the statements below. а. A survey of 1000 U.S. adults found that 40% think the internet is the best way to get news and information. Population: Sample: Variable of Interest: Type of Data (Qualitative or Quantitative): Is the 40% a parameter or statistic, and why? b. A survey of the 55 law firms in a local city found that the average hourly billing rate is $425. Population: Sample: Variable of Interest: Type of Data (Qualitative or Quantitative): Is the $425 a parameter or statistic, and why?.Do you need inferential statistics to answer each of the following questions? (Answer “yes” or “no” for each question) a. How many wheels are on a bicycle? b. How many bicycles are parked outside of the Starbucks at the corner of Boyd and Asp? c. What proportion of Belgium residents own bicycles? d. Do Oklahoma students outperform the national average on the college entrance exam? e. Did you outperform the national average on the college entrance exam? f. Is it hotter today in Tulsa than Topeka? g. Is the average temperature in Tulsa greater than that of Topeka
- A congressperson wants to come up with a single value to describe the prices of homes in their district. However, their district consists of a few homes that are extremely expensive compared to the others. Which descriptive statistic should they use? a. Range b. Mode c. Median d. MeanPlease anwer Problem #2 only. Thank youThe values listed below are waiting times (in minutes) of customers at two different banks. At Bank A, customers enter a single waiting line that feeds three teller windows. At Bank B, customers may enter any one of three different lines that have formed at three teller windows. Answer the following questions. Bank A 6.3 6.6 6.7 6.8 7.1 7.3 7.5 7.8 7.8 7.8 Bank B 4.2 5.5 5.9 6.3 6.7 7.7 7.7 8.5 9.3 10.0 Click the icon to view the table of Chi-Square critical values. Construct a 90% confidence interval for the population standard deviation o at Bank A. 7:6
- Solve the problem. The following data gives the number of applicants that applied for a job at a given company each month of 1999: 63, 70, 68, 74, 83, 77, 79, 86, 82, 68, 66, 63. What is the median of the data? O 72 O There is no median. O 70 O 74 W ASUS f4 f5 f6 f7 f8 口京 f9 f10 f11 & 4 7 8. 9. R T Y U 因 5 图The values listed below are waiting times (in minutes) of customers at two different banks. At Bank A, customers enter a single waiting line that feeds three teller windows. At Bank B, customers may enter any one of three different lines that have formed at three teller windows. Answer the following questions. Bank A 6.4 6.6 6.7 6.8 7.1 7.3 7.6 7.9 7.9 7.9 Bank B 4.2 5.4 5.8 6.2 6.7 7.6 7.6 8.5 9.2 10.0 Click the icon to view the table of Chi-Square critical values. Construct a 99% confidence interval for the population standard deviation o at Bank A. 0.36 minDefine "statistics." A. Statistics is how to best use numbers to persuade others B. Statistics is the study of how to best read tables and graphs C. Statistics is the study of how to best collect, analyze, and draw conclusions from data. D. Statistics is the study of how to best understand numbers.The values listed below are waiting times (in minutes) of customers at two different banks. At Bank A, customers enter a single waiting line that feeds three teller windows. At Bank B, customers may enter any one of three different lines that have formed at three teller windows. Answer the following questions. Bank A 6.3 4.3 6.6 7.0 7.0 Bank B 5.4 5.8 6.1 6.8 78 8.5 10.0 A Click the icon to view the table of Chi-Square critical values. Construct a 95% confidence interval for the population standard deviation a at Bank A O minkindly answer the following questions and explain it in detailed how you come up with that answer.Which of the following statement is an example of inferential statistics? Select the correct response: Twenty-eight percent of the selected tourism students love Statistics. Viewership studies using a sample of television households indicate that the share of the audience for Channel 5 news has increased by 5%. Cigarettes were associated with 29% of the 4,470 civilian fıre deaths in 1989 Internet access is offered by 45% of Manila Public Libraries, up from 21% in 1994.Recommended textbooks for youMATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th…StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C…StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage LearningElementary Statistics: Picturing the World (7th E…StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. FreemanMATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th…StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C…StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage LearningElementary Statistics: Picturing the World (7th E…StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman