ELEMENTARY SATISTICS IA
13th Edition
ISBN: 9780137695522
Author: Triola
Publisher: PEARSON C
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Textbook Question
Chapter 1.2, Problem 14BSC
In Exercises 13–20, determine whether the data are from a discrete or continuous data set.
14. CHIS Among the subjects surveyed as part of the California Health Interview Survey (CHIS), several subjects are randomly selected and their heights are recorded.
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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
ELEMENTARY SATISTICS IA
Ch. 1.1 - Online Medical Info USA Today posted this question...Ch. 1.1 - Reported Versus Measured In a survey of 1046...Ch. 1.1 - Statistical Significance Versus Practical...Ch. 1.1 - Correlation One study showed that for a recent...Ch. 1.1 - Consider the Source. In Exercises 58, determine...Ch. 1.1 - Consider the Source. In Exercises 58, determine...Ch. 1.1 - Consider the Source. In Exercises 58, determine...Ch. 1.1 - Consider the Source. In Exercises 58, determine...Ch. 1.1 - Sampling Method. In Exercises 912, determine...Ch. 1.1 - Sampling Method. In Exercises 912, determine...
Ch. 1.1 - Sampling Method. In Exercises 9-12, determine...Ch. 1.1 - Sampling Method. In Exercises 912, determine...Ch. 1.1 - Statistical Significance and Practical...Ch. 1.1 - Statistical Significance and Practical...Ch. 1.1 - Statistical Significance and Practical...Ch. 1.1 - Statistical Significance and Practical...Ch. 1.1 - In Exercises 1720, refer to the sample of body...Ch. 1.1 - In Exercises 1720, refer to the sample of body...Ch. 1.1 - In Exercises 1720, refer to the sample of body...Ch. 1.1 - In Exercises 1720, refer to the sample of body...Ch. 1.1 - In Exercises 2124, refer to the data in the table...Ch. 1.1 - In Exercises 2124, refer to the data in the table...Ch. 1.1 - In Exercises 2124, refer to the data in the table...Ch. 1.1 - In Exercises 2124, refer to the data in the table...Ch. 1.1 - Whats Wrong? In Exercises 2528, identify what is...Ch. 1.1 - Whats Wrong? In Exercises 2528, identify what is...Ch. 1.1 - Whats Wrong? In Exercises 2528, identify what is...Ch. 1.1 - Whats Wrong? In Exercises 25-28, identify what is...Ch. 1.1 - Workplace Attire In a survey conducted by Opinion...Ch. 1.1 - Checking Job Applicants In a study conducted by...Ch. 1.1 - Marriage Proposals In a survey conducted by...Ch. 1.1 - Chillax USA Today reported results from a Research...Ch. 1.1 - Percentages in Advertising An ad for Big Skinny...Ch. 1.1 - Percentages in Advertising Continental Airlines...Ch. 1.1 - Percentages In Advertising A New York Times...Ch. 1.1 - Percentages in Negotiations When the author was...Ch. 1.1 - Whats Wrong with This Picture? The Newport...Ch. 1.1 - Falsifying Data A researcher at the...Ch. 1.2 - Parameter and Statistic In a Harris Interactive...Ch. 1.2 - Quantitative/Categorical Data Identify each of the...Ch. 1.2 - Discrete/Continuous Data Which of the following...Ch. 1.2 - Health Survey In a survey of 1020 adults in the...Ch. 1.2 - In Exercises 512, identify whether the given value...Ch. 1.2 - In Exercises 512, identify whether the given value...Ch. 1.2 - In Exercises 512, identify whether the given value...Ch. 1.2 - In Exercises 512, identify whether the given value...Ch. 1.2 - In Exercises 512, identify whether the given value...Ch. 1.2 - In Exercises 512, identify whether the given value...Ch. 1.2 - In Exercises 512, identify whether the given value...Ch. 1.2 - In Exercises 512, identify whether the given value...Ch. 1.2 - In Exercises 1320, determine whether the data are...Ch. 1.2 - In Exercises 1320, determine whether the data are...Ch. 1.2 - In Exercises 13-20, determine whether the data are...Ch. 1.2 - In Exercises 13-20, determine whether the data are...Ch. 1.2 - In Exercises 1320, determine whether the data are...Ch. 1.2 - In Exercises 1320, determine whether the data are...Ch. 1.2 - In Exercises 1320, determine whether the data are...Ch. 1.2 - In Exercises 1320, determine whether the data are...Ch. 1.2 - In Exercises 2128, determine which of the four...Ch. 1.2 - In Exercises 2128, determine which of the four...Ch. 1.2 - In Exercises 2128, determine which of the four...Ch. 1.2 - In Exercises 2128, determine which of the four...Ch. 1.2 - In Exercises 2128, determine which of the four...Ch. 1.2 - In Exercises 2128, determine which of the four...Ch. 1.2 - In Exercises 2128, determine which of the four...Ch. 1.2 - In Exercises 2128, determine which of the four...Ch. 1.2 - In Exercises 2932, identify the level of...Ch. 1.2 - Social Security Numbers As part of a project in a...Ch. 1.2 - Temperatures As this exercise is being written, it...Ch. 1.2 - College Ranks As of this writing, U.S. News World...Ch. 1.2 - Countable For each of the following, categorize...Ch. 1.3 - Back Pain Treatment In a study designed to test...Ch. 1.3 - Blinding What does it mean when we say that the...Ch. 1.3 - Replication In what specific way was replication...Ch. 1.3 - Sampling Method The patients included in the study...Ch. 1.3 - Exercises 58 refer to the study of an association...Ch. 1.3 - Experiment or Observational Study Is the study an...Ch. 1.3 - Exercises 58 refer to the study of an association...Ch. 1.3 - Sampling Method Assume that the population...Ch. 1.3 - In Exercises 920, identify which of these types of...Ch. 1.3 - In Exercises 920, identify which of these types of...Ch. 1.3 - In Exercises 920, identify which of these types of...Ch. 1.3 - In Exercises 920, identify which of these types of...Ch. 1.3 - In Exercises 920, identify which of these types of...Ch. 1.3 - In Exercises 920, identify which of these types of...Ch. 1.3 - In Exercises 920, identify which of these types of...Ch. 1.3 - In Exercises 920, identify which of these types of...Ch. 1.3 - In Exercises 920, identify which of these types of...Ch. 1.3 - In Exercises 920, identify which of these types of...Ch. 1.3 - In Exercises 920, identify which of these types of...Ch. 1.3 - In Exercises 920, identify which of these types of...Ch. 1.3 - Critical Thinking: Whats Wrong? In Exercises 2128,...Ch. 1.3 - Critical Thinking: Whats Wrong? In Exercises 2128,...Ch. 1.3 - Critical Thinking: Whats Wrong? In Exercises 2128,...Ch. 1.3 - Critical Thinking: Whats Wrong? In Exercises 2128,...Ch. 1.3 - Critical Thinking: Whats Wrong? In Exercises 2128,...Ch. 1.3 - Critical Thinking: Whats Wrong? In Exercises 2128,...Ch. 1.3 - Critical Thinking: Whats Wrong? In Exercises 2128,...Ch. 1.3 - Critical Thinking: Whats Wrong? 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In an American Optometric Association...Ch. 1 - Paying for First Dates USA Today posted this...Ch. 1 - Sample Design Literacy In Cardiovascular Effects...Ch. 1 - Divorces and Margarine One study showed that there...Ch. 1 - Simple Random Sample Which of the following is/are...Ch. 1 - Defense of Marriage Act Both of the following...Ch. 1 - Colleges in United States Currently, there are...Ch. 1 - Percentages a. The labels on U-Turn protein energy...Ch. 1 - Types of Data In each of the following, identify...Ch. 1 - Statistical Significance and Practical...Ch. 1 - Prob. 1CRECh. 1 - Prob. 2CRECh. 1 - Tallest Person Robert Wadlow (19181940) is the...Ch. 1 - Body Temperature The given expression is used for...Ch. 1 - Determining Sample Size The given expression is...Ch. 1 - Standard Deviation One way to get a very rough...Ch. 1 - Standard Deviation The standard deviation is an...Ch. 1 - Standard Deviation The given expression is used to...Ch. 1 - Scientific Notation. In Exercises 912, the given...Ch. 1 - Scientific Notation. In Exercises 912, the given...Ch. 1 - Scientific Notation. In Exercise 912, the given...Ch. 1 - Prob. 12CRECh. 1 - Prob. 1TPCh. 1 - Critical Thinking: Do Male Symphony Conductors...Ch. 1 - Critical Thinking: Do Male Symphony Conductors...Ch. 1 - Critical Thinking: Do Male Symphony Conductors...Ch. 1 - Critical Thinking: Do Male Symphony Conductors...
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