Introductory Statistics
1st Edition
ISBN: 9781938168208
Author: Barbara Illowsky, Susan Dean
Publisher: OpenStax College
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Textbook Question
Chapter 1, Problem 1.15TI
From Table 1.13, find the percentage of rainfall that is between 6.99 and 13.05 inches.
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Morningstar tracks the total return for a large number of mutual funds. The following table shows the total return and the number of funds for four categories of mutual funds.
Click on the datafile logo to reference the data.
DATA file
Type of Fund
Domestic Equity
Number of Funds
Total Return (%)
9191
4.65
International Equity
2621
18.15
Hybrid
1419
2900
11.36
6.75
Specialty Stock
a. Using the number of funds as weights, compute the weighted average total return for these mutual funds. (to 2 decimals)
%
b. Is there any difficulty associated with using the "number of funds" as the weights in computing the weighted average total return in part (a)? Discuss. What else might be used for weights?
The input in the box below will not be graded, but may be reviewed and considered by your instructor.
c. Suppose you invested $10,000 in this group of mutual funds and diversified the investment by placing $2000 in Domestic Equity funds, $4000 in International Equity funds, $3000 in Specialty Stock…
The days to maturity for a sample of five money market funds are shown here. The dollar amounts invested in the funds are provided.
Days to
Maturity
20
Dollar Value
($ millions)
20
12
30
7
10
5
6
15
10
Use the weighted mean to determine the mean number of days to maturity for dollars invested in these five money market funds (to 1 decimal).
days
c. What are the first and third quartiles?
First Quartiles (to 1 decimals)
Third Quartiles (to 4 decimals)
× ☑
Which companies spend the most money on advertising? Business Insider maintains a list of the top-spending companies. In 2014, Procter & Gamble spent more than any other company, a whopping $5 billion. In second place was Comcast, which spent $3.08 billion (Business Insider website, December 2014). The top 12 companies and
the amount each spent on advertising in billions of dollars are as follows.
Click on the datafile logo to reference the data.
DATA file
Company
Procter & Gamble
Comcast
Advertising
($billions)
$5.00
3.08
2.91
Company
American Express
General Motors
Advertising
($billions)
$2.19
2.15
ETET
AT&T
Ford
Verizon
L'Oreal
2.56
2.44
2.34
Toyota
Fiat Chrysler
Walt Disney Company
J.P Morgan
a. What is the mean amount spent on advertising? (to 2 decimals)
2.55
b. What is the median amount spent on advertising? (to 3 decimals)
2.09
1.97
1.96
1.88
Chapter 1 Solutions
Introductory Statistics
Ch. 1 - Determine what the key terms refer to in the...Ch. 1 - The data are the number of machines in a gym. You...Ch. 1 - The data are the areas of Lawns in square feet....Ch. 1 - The data are the colors of houses. You sample five...Ch. 1 - Determine the correct data type (quantitative or...Ch. 1 - The registrar at State University keeps records of...Ch. 1 - You are going to use the random number generator...Ch. 1 - Determine the type of sampling used (simple...Ch. 1 - A local radio station has a fan base of 20,000...Ch. 1 - Table 1.13 shows the amount, in inches, of annual...
Ch. 1 - From Table 1.13, find the percentage of rainfall...Ch. 1 - From Table 1.13, find the number of towns that...Ch. 1 - Table 1.13 represents the amount, in inches, of...Ch. 1 - Table 1.16 contains the total number of fatal...Ch. 1 - You are concerned about the effects of texting on...Ch. 1 - Describe the unethical behavior, if any, in each...Ch. 1 - Determine that the key terms refer to in the...Ch. 1 - Determine that the key terms refer to in the...Ch. 1 - Determine that the key terms refer to in the...Ch. 1 - Determine that the key terms refer to in the...Ch. 1 - Determine that the key terms refer to in the...Ch. 1 - “Number of times per week” Is what type of data?...Ch. 1 - The sampling method was a. simple random; b....Ch. 1 - “Duration (amount of time)” is what type of data?...Ch. 1 - The colors of the houses around the park are what...Ch. 1 - The population is ________Ch. 1 - Table 1.26 contains the total number of deaths...Ch. 1 - For the f1onwing four exercises, determine the...Ch. 1 - For the f1onwing four exercises, determine the...Ch. 1 - For the f1onwing four exercises, determine the...Ch. 1 - For the f1onwing four exercises, determine the...Ch. 1 - Use the following information to answer the next...Ch. 1 - Use the following information to answer the next...Ch. 1 - Use the following information to answer the next...Ch. 1 - Use the following information to answer the next...Ch. 1 - Use the following information to answer the next...Ch. 1 - Use the following information to answer the next...Ch. 1 - Use the following information to answer the next...Ch. 1 - Use the following information to answer the next...Ch. 1 - Use the following data to answer the next five...Ch. 1 - Use the following data to answer the next five...Ch. 1 - Use the following data to answer the next five...Ch. 1 - Use the following data to answer the next five...Ch. 1 - Use the following data to answer the next five...Ch. 1 - Use the following data to answer the next five...Ch. 1 - Use the following data to answer the next five...Ch. 1 - Use the following data to answer the next five...Ch. 1 - Use the following data to answer the next five...Ch. 1 - Use the following data to answer the next five...Ch. 1 - Is a sample size of 1,000 a reliable measure for a...Ch. 1 - Is a sample of 500 volunteers a reliable measure...Ch. 1 - A question on a survey reads: “Do you prefer the...Ch. 1 - Is a sample size of two representative of a...Ch. 1 - Is it possible for two experiments to be well run...Ch. 1 - What type of measure scale is being used? Nominal,...Ch. 1 - Design an experiment. Identify the explanatory and...Ch. 1 - Discuss potential violations of the rule requiring...Ch. 1 - For each of the following eight exercises,...Ch. 1 - For each of the following eight exercises,...Ch. 1 - For each of the following eight exercises,...Ch. 1 - For each of the following eight exercises,...Ch. 1 - For each of the following eight exercises,...Ch. 1 - For each of the following eight exercises,...Ch. 1 - For each of the following eight exercises,...Ch. 1 - For each of the following eight exercises,...Ch. 1 - Use the following information to answer the next...Ch. 1 - Use the following information to answer the next...Ch. 1 - Use the following information to answer the next...Ch. 1 - For the following exercises, identify (he type of...Ch. 1 - For the following exercises, identify (he type of...Ch. 1 - For the following exercises, identify (he type of...Ch. 1 - For the following exercises, identify (he type of...Ch. 1 - For the following exercises, identify (he type of...Ch. 1 - For the following exercises, identify (he type of...Ch. 1 - For the following exercises, identify (he type of...Ch. 1 - For the following exercises, identify (he type of...Ch. 1 - For the following exercises, identify (he type of...Ch. 1 - For the following exercises, identify (he type of...Ch. 1 - Use the following information to answer the next...Ch. 1 - Use the following information to answer the next...Ch. 1 - Airline companies are interested in the...Ch. 1 - Suppose you want to determine the mean number of...Ch. 1 - Suppose you want to determine the mean number of...Ch. 1 - List some practical difficulties involved in...Ch. 1 - List some practical difficulties involved in...Ch. 1 - With your classmates, brainstorm some ways you...Ch. 1 - The instructor takes her sample by gathering data...Ch. 1 - A study was done to determine the age, number of...Ch. 1 - Name the sampling method used in each of the...Ch. 1 - A “random survey” was conducted of 3,2’4 people of...Ch. 1 - The Well-Being Index is a survey that follows...Ch. 1 - In advance of the 1936 Presidential Election, a...Ch. 1 - Crime-related and demographic statistics for 4 US...Ch. 1 - YouPolls is a website that allows anyone to create...Ch. 1 - A scholarly article about response rates begins...Ch. 1 - Fifty part-time students were asked how many...Ch. 1 - Sixty adults with gum disease were asked the...Ch. 1 - Nineteen immigrants to the U.S were asked how many...Ch. 1 - How much time does it take to navel to work? Table...Ch. 1 - Forbes magazine published data on the best small...Ch. 1 - Use (he following information o answer the next...Ch. 1 - Use (he following information o answer the next...Ch. 1 - How does sleep deprivation affect your ability to...Ch. 1 - An advertisement for Acme Investments displays the...Ch. 1 - The graph in Figure 1.15 shows the number of...Ch. 1 - Seven hundred and Seventy-one distance learning...Ch. 1 - Several online textbook retailers advertise that...
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