Mathematics with Applications In the Management, Natural, and Social Sciences (12th Edition)
12th Edition
ISBN: 9780134767628
Author: Margaret L. Lial, Thomas W. Hungerford, John P. Holcomb, Bernadette Mullins
Publisher: PEARSON
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Textbook Question
Chapter 10, Problem 1RE
NASDAQ 100 Stocks For Exercises 1-10, the data come from a random sample of 20 companies of the NASDAQ 100 taken on June 8, 2017. (Data from: www.morningstar.com.)
For Exercises 1 and 2, (a) write a frequency distribution; (b) draw a histogram.
The variable is the price of the stock (rounded to the nearest dollar).
| 123 | 35 | 76 | 38 |
| 45 | 62 | 50 | 111 |
| 180 | 108 | 65 | 46 |
| 66 | 100 | 64 | 144 |
| 57 | 107 | 48 | 110 |
(a)
Expert Solution
To determine
Find the frequency table corresponding to the data came from a random sample of 20 companies of NASDAQ 100.
Explanation of Solution
Given:
Consider the data came from a random sample of 20 companies of NASDAQ 100
| 123 | 35 | 76 | 38 |
| 45 | 62 | 50 | 111 |
| 180 | 108 | 65 | 46 |
| 66 | 100 | 64 | 144 |
| 57 | 107 | 48 | 110 |
Calculation:
To draw the frequency table, sort the data set
35,38,45, 46,48,50,57,62,64,65,66,76,100,107,108,110,111,123,144,180
There is no repetition of data therefore the frequency of occurrence is 1 for all the data set hence the frequency distribution is
| 35 | 1 | 66 | 1 |
| 38 | 1 | 76 | 1 |
| 45 | 1 | 100 | 1 |
| 46 | 1 | 107 | 1 |
| 48 | 1 | 108 | 1 |
| 50 | 1 | 110 | 1 |
| 57 | 1 | 111 | 1 |
| 62 | 1 | 123 | 1 |
| 64 | 1 | 144 | 1 |
| 65 | 1 | 180 | 1 |
(b)
Expert Solution
To determine
To graph: Draw the histogram corresponding to the corresponding to the data came from a random sample of 20 companies of NASDAQ 100.
Explanation of Solution
Given:
Consider the data came from a random sample of 20 companies of NASDAQ 100
| 123 | 35 | 76 | 38 |
| 45 | 62 | 50 | 111 |
| 180 | 108 | 65 | 46 |
| 66 | 100 | 64 | 144 |
| 57 | 107 | 48 | 110 |
Calculation:
To draw the frequency table sort the data set
35,38,45, 46,48,50,57,62,64,65,66,76,100,107,108,110,111,123,144,180
There is no repetition of data therefore the frequency of occurrence is 1 for all the data set hence the frequency distribution is
| 35 | 1 | 66 | 1 |
| 38 | 1 | 76 | 1 |
| 45 | 1 | 100 | 1 |
| 46 | 1 | 107 | 1 |
| 48 | 1 | 108 | 1 |
| 50 | 1 | 110 | 1 |
| 57 | 1 | 111 | 1 |
| 62 | 1 | 123 | 1 |
| 64 | 1 | 144 | 1 |
| 65 | 1 | 180 | 1 |
| Range | Frequency |
| 20-40 | 2 |
| 40-60 | 5 |
| 60-80 | 5 |
| 80-100 | 0 |
| 100-120 | 5 |
| 120-140 | 1 |
| 140-160 | 1 |
| 160-180 | 0 |
| 180-200 | 1 |
The y-axis represents frequency with a scale of
Hence, the histogram corresponding to the corresponding to the data came from a random sample of 20 companies of NASDAQ 100 is drawn.
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Chapter 10 Solutions
Mathematics with Applications In the Management, Natural, and Social Sciences (12th Edition)
Ch. 10.1 - Checkpoint 1 A restaurant trade group commissioned...Ch. 10.1 - Checkpoint 2
Make a histogram and a frequency...Ch. 10.1 - Checkpoint 3
Make a stem-and-leaf plot for the...Ch. 10.1 - Checkpoint 4
List the original data for the...Ch. 10.1 - Checkpoint 5
Characterize the shape of the...Ch. 10.1 - SP 500 Stocks The data for Exercises 1 -4 consist...Ch. 10.1 - SP 500 Stocks The data for Exercises 1 -4 consist...Ch. 10.1 - SP 500 Stocks The data for Exercises 1 -4 consist...Ch. 10.1 - SP 500 Stocks The data for Exercises 1 -4 consist...Ch. 10.1 - The data for Exercises 5-10 consist of random...
Ch. 10.1 - The data for Exercises 5-10 consist of random...Ch. 10.1 - The data for Exercises 5-10 consist of random...Ch. 10.1 - The data for Exercises 5-10 consist of random...Ch. 10.1 - The data for Exercises 5-10 consist of random...Ch. 10.1 - The data for Exercises 5-10 consist of random...Ch. 10.1 - For Exercises 11-20, construct a stem-and-leaf...Ch. 10.1 - For Exercises 11-20, construct a stem-and-leaf...Ch. 10.1 - For Exercises 11-20, construct a stem-and-leaf...Ch. 10.1 - Prob. 14ECh. 10.1 - For Exercises 11-20, construct a stem-and-leaf...Ch. 10.1 - For Exercises 11-20, construct a stem-and-leaf...Ch. 10.1 - Prob. 17ECh. 10.1 - Prob. 18ECh. 10.1 - For Exercises 11-20, construct a stem-and-leaf...Ch. 10.1 - For Exercises 11-20, construct a stem-and-leaf...Ch. 10.1 - Describe the shape of each of the given...Ch. 10.1 - Describe the shape of each of the given...Ch. 10.1 - Describe the shape of each of the given...Ch. 10.1 - Describe the shape of each of the given...Ch. 10.1 - Student Loan Defaults The following histogram...Ch. 10.1 - Stocks The following histogram shows the stock...Ch. 10.1 - Cat Ownership The stem-and-leaf plot below...Ch. 10.1 - Personal Bankruptcies The stem-and-leaf plot below...Ch. 10.1 - 29. Test Scores The grade distribution for scores...Ch. 10.1 - 30. Test Scores The grade distribution for scores...Ch. 10.2 - Checkpoint 1
Find the mean dollar amount of the...Ch. 10.2 - Checkpoint 2
Find for the following frequency...Ch. 10.2 - Checkpoint 3
Find the mean of the following...Ch. 10.2 - Checkpoint 4
Find the mean for the college tuition...Ch. 10.2 - Checkpoint 5
Find the median for the given heights...Ch. 10.2 - Checkpoint 6
Find the mode for each of the given...Ch. 10.2 - Checkpoint 7
Following is a list of the number of...Ch. 10.2 - Prob. 8CPCh. 10.2 - Prob. 1ECh. 10.2 - Prob. 2ECh. 10.2 - Prob. 3ECh. 10.2 - Prob. 4ECh. 10.2 - Prob. 5ECh. 10.2 - Prob. 6ECh. 10.2 - Prob. 7ECh. 10.2 - Prob. 8ECh. 10.2 - Prob. 9ECh. 10.2 - Prob. 10ECh. 10.2 - Prob. 11ECh. 10.2 - Prob. 12ECh. 10.2 - Prob. 13ECh. 10.2 - Prob. 14ECh. 10.2 - Find the mode or modes for each of the given lists...Ch. 10.2 - Find the mode or modes for each of the given lists...Ch. 10.2 - Find the mode or modes for each of the given lists...Ch. 10.2 - Find the mode or modes for each of the given lists...Ch. 10.2 - Find the mode or modes for each of the given lists...Ch. 10.2 - 20. When is the median the most appropriate...Ch. 10.2 - 21. When would the mode be an appropriate measure...Ch. 10.2 - Pet Ownership For Exercises 22 and 23, the...Ch. 10.2 - Pet Ownership For Exercises 22 and 23, the...Ch. 10.2 - 24. To predict the outcome of the next...Ch. 10.2 - Work each problem. (See Example 6.) MLB Payrolls...Ch. 10.2 - Work each problem. (See Example 6.) NFL Team...Ch. 10.2 - Work each problem. (See Example 6.)
27. Business...Ch. 10.2 - Work each problem. (See Example 6.) Sirius XM...Ch. 10.2 - Work each problem. (See Example 6.) Dr Pepper and...Ch. 10.2 - Natural Science The table gives the average...Ch. 10.2 - Natural Science The table gives the average...Ch. 10.2 - For Exercises 32-33 determine the shape of the...Ch. 10.2 - For Exercises 32-33 determine the shape of the...Ch. 10.2 - Prob. 34ECh. 10.2 - Prob. 35ECh. 10.2 - For Exercises 36-38, calculate the weighted...Ch. 10.2 - For Exercises 36-38, calculate the weighted...Ch. 10.2 - For Exercises 36-38, calculate the weighted...Ch. 10.2 - Prob. 39ECh. 10.2 - For Exercises 36-38, calculate the weighted...Ch. 10.3 - Checkpoint 1
Find the range for this sample of the...Ch. 10.3 - Checkpoint 2
Find the deviations from the mean for...Ch. 10.3 - Checkpoint 3
Find the standard deviation for a...Ch. 10.3 - Prob. 4CPCh. 10.3 - Prob. 1ECh. 10.3 - Prob. 2ECh. 10.3 - Prob. 3ECh. 10.3 - Prob. 4ECh. 10.3 - Prob. 5ECh. 10.3 - Prob. 6ECh. 10.3 - Prob. 7ECh. 10.3 - Finance Use the following table for Exercises...Ch. 10.3 - Finance Use the following table for Exercises...Ch. 10.3 - Prob. 10ECh. 10.3 - Education Find the standard deviation for the...Ch. 10.3 - Prob. 12ECh. 10.3 - Prob. 13ECh. 10.3 - Prob. 14ECh. 10.3 - Prob. 15ECh. 10.3 - Prob. 16ECh. 10.3 - Prob. 17ECh. 10.3 - Prob. 18ECh. 10.3 - Prob. 19ECh. 10.3 - Prob. 20ECh. 10.3 - Prob. 21ECh. 10.3 - Prob. 22ECh. 10.3 - Prob. 23ECh. 10.3 - Movie Studios' Revenue For Exercises 23-28, use...Ch. 10.3 - Prob. 25ECh. 10.3 - Prob. 26ECh. 10.3 - Prob. 27ECh. 10.3 - Prob. 28ECh. 10.3 - Prob. 29ECh. 10.3 - Prob. 30ECh. 10.3 - Prob. 34ECh. 10.3 - Prob. 31ECh. 10.3 - Prob. 32ECh. 10.3 - Prob. 33ECh. 10.3 - IBM and Microsoft Revenue The following table...Ch. 10.3 - Prob. 36ECh. 10.3 - Prob. 37ECh. 10.3 - Prob. 38ECh. 10.3 - IBM and Microsoft Revenue The following table...Ch. 10.3 - Prob. 40ECh. 10.3 - Prob. 41ECh. 10.3 - Prob. 42ECh. 10.3 - Prob. 43ECh. 10.3 - Prob. 44ECh. 10.3 - Prob. 45ECh. 10.3 - Prob. 46ECh. 10.3 - Prob. 47ECh. 10.3 - Prob. 48ECh. 10.4 - Prob. 1CPCh. 10.4 - Prob. 2CPCh. 10.4 - Prob. 3CPCh. 10.4 - Prob. 4CPCh. 10.4 - Prob. 5CPCh. 10.4 - Prob. 6CPCh. 10.4 - Prob. 7CPCh. 10.4 - 1. The peak in a normal curve occurs directly...Ch. 10.4 - Prob. 2ECh. 10.4 - Prob. 3ECh. 10.4 - Prob. 4ECh. 10.4 - Prob. 5ECh. 10.4 - Prob. 6ECh. 10.4 - Prob. 7ECh. 10.4 - Prob. 8ECh. 10.4 - Find the percentage of the total area under the...Ch. 10.4 - Prob. 10ECh. 10.4 - Prob. 11ECh. 10.4 - Prob. 12ECh. 10.4 - Prob. 13ECh. 10.4 - Prob. 14ECh. 10.4 - Prob. 15ECh. 10.4 - Prob. 16ECh. 10.4 - Prob. 17ECh. 10.4 - Prob. 18ECh. 10.4 - Prob. 19ECh. 10.4 - 20. Using Chebyshev’s theorem and the normal...Ch. 10.4 - Prob. 21ECh. 10.4 - Prob. 22ECh. 10.4 - Prob. 23ECh. 10.4 - Prob. 24ECh. 10.4 - Prob. 25ECh. 10.4 - Prob. 26ECh. 10.4 - Prob. 27ECh. 10.4 - Prob. 28ECh. 10.4 - Prob. 29ECh. 10.4 - Prob. 30ECh. 10.4 - Prob. 31ECh. 10.4 - Prob. 32ECh. 10.4 - Prob. 33ECh. 10.4 - Prob. 34ECh. 10.4 - Prob. 35ECh. 10.4 - Prob. 36ECh. 10.4 - Prob. 37ECh. 10.4 - Prob. 38ECh. 10.4 - Prob. 39ECh. 10.4 - Prob. 40ECh. 10.4 - Prob. 41ECh. 10.4 - Prob. 42ECh. 10.4 - Prob. 43ECh. 10.4 - Prob. 44ECh. 10.4 - Prob. 45ECh. 10.4 - Prob. 46ECh. 10.4 - Prob. 47ECh. 10.4 - Prob. 48ECh. 10.4 - Prob. 49ECh. 10.4 - Education The mean performance score of a large...Ch. 10.4 - Prob. 51ECh. 10.4 - Prob. 52ECh. 10.4 - Job Satisfaction According to a 2016 study...Ch. 10.4 - Prob. 54ECh. 10.4 - Prob. 55ECh. 10.4 - Prob. 56ECh. 10.4 - Prob. 57ECh. 10.4 - Prob. 58ECh. 10.4 - Student Loan Debt According to a report from the...Ch. 10.4 - Prob. 60ECh. 10.4 - Prob. 61ECh. 10.4 - Prob. 62ECh. 10 - NASDAQ 100 Stocks For Exercises 1-10, the data...Ch. 10 - Prob. 2RECh. 10 - Prob. 3RECh. 10 - Prob. 4RECh. 10 - Prob. 5RECh. 10 - Prob. 6RECh. 10 - NASDAQ 100 Stocks For Exercises 1-10, the data...Ch. 10 - Prob. 8RECh. 10 - Prob. 9RECh. 10 - Prob. 10RECh. 10 - Prob. 11RECh. 10 - Prob. 12RECh. 10 - Prob. 13RECh. 10 - Prob. 14RECh. 10 - Prob. 15RECh. 10 - Prob. 16RECh. 10 - Prob. 17RECh. 10 - Prob. 18RECh. 10 - Prob. 19RECh. 10 - Prob. 20RECh. 10 - Prob. 21RECh. 10 - Prob. 22RECh. 10 - Prob. 23RECh. 10 - Prob. 24RECh. 10 - Find the standard deviation for each of the given...Ch. 10 - Prob. 26RECh. 10 - Prob. 27RECh. 10 - Prob. 28RECh. 10 - Prob. 29RECh. 10 - Prob. 30RECh. 10 - Prob. 31RECh. 10 - Prob. 32RECh. 10 - Prob. 33RECh. 10 - Prob. 34RECh. 10 - Prob. 35RECh. 10 - Prob. 36RECh. 10 - Arm Circumference Data from a recent National...Ch. 10 - Prob. 38RECh. 10 - Prob. 39RECh. 10 - Prob. 40RECh. 10 - Prob. 41RECh. 10 - Prob. 42RECh. 10 - Prob. 43RECh. 10 - Prob. 44RECh. 10 - Prob. 45RECh. 10 - Prob. 46RECh. 10 - Prob. 47RECh. 10 - College or University Education A recent...Ch. 10 - College or University Education A recent...Ch. 10 - Prob. 50RECh. 10 - Prob. 51RECh. 10 - Prob. 52RECh. 10 - Prob. 53RECh. 10 - Prob. 54RECh. 10 - Prob. 1CECh. 10 - Prob. 2CECh. 10 - Prob. 3CECh. 10 - Prob. 4CECh. 10 - Prob. 5CECh. 10 - Prob. 6CECh. 10 - Prob. 7CECh. 10 - Prob. 8CECh. 10 - Prob. 9CECh. 10 - Prob. 10CE
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