Bundle: Statistics for Business & Economics, Loose-Leaf Version, 13th + MindTap Business Statistics with XLSTAT, 1 term (6 months) Printed Access Card

13th Edition

ISBN: 9781337148092

Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

Publisher: Cengage Learning

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Compound Probability

Compound probability can be defined as the probability of the two events which are independent. It can be defined as the multiplication of the probability of two events that are not dependent.

Tree diagram

Probability theory is a branch of mathematics that deals with the subject of probability. Although there are many different concepts of probability, probability theory expresses the definition mathematically through a series of axioms. Usually, these axi…

Conditional Probability

By definition, the term probability is expressed as a part of mathematics where the chance of an event that may either occur or not is evaluated and expressed in numerical terms. The range of the value within which probability can be expressed is between…

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Textbook Question

Chapter 12, Problem 34SE

A random sample of final examination grades for a college course follows.

55	85	72	99	48	71	88	70	59	98	80	74	93	85	74
82	90	71	83	60	95	77	84	73	63	72	95	79	51	85
76	81	78	65	75	87	86	70	80	64

Use α = .05 and test to determine whether a normal probability distribution should be rejected as being representative of the population distribution of grades.

Features Features Normal distribution is characterized by two parameters, mean (µ) and standard deviation (σ). When graphed, the mean represents the center of the bell curve and the graph is perfectly symmetric about the center. The mean, median, and mode are all equal for a normal distribution. The standard deviation measures the data's spread from the center. The higher the standard deviation, the more the data is spread out and the flatter the bell curve looks. Variance is another commonly used measure of the spread of the distribution and is equal to the square of the standard deviation.

Expert Solution & Answer

Chapter 12 Solutions

Bundle: Statistics for Business & Economics, Loose-Leaf Version, 13th + MindTap Business Statistics with XLSTAT, 1 term (6 months) Printed Access Card

Ch. 12.1 - use the sample data below to test the hypotheses...Ch. 12.1 - reconsider the observed frequencies in exercise 1...Ch. 12.1 - The sample data below represent the number of late...Ch. 12.1 - Benson Manufacturing is considering ordering...Ch. 12.1 - Kate Sanders, a researcher in the department of...Ch. 12.1 - A tax preparation firm is interested in comparing...Ch. 12.1 - Social networking is becoming more and more...Ch. 12.1 - A manufacturer is considering purchasing parts...Ch. 12.2 - The following table contains observed frequencies...Ch. 12.2 - The following table contains observed frequencies...

Ch. 12.2 - A Bloomberg Businessweek subscriber study asked,...Ch. 12.2 - A Deloitte employment survey asked a sample of...Ch. 12.2 - health insurance benefits vary by the size of the...Ch. 12.2 - A vehicle quality survey asked new owners a...Ch. 12.2 - The Wall Street Journal Corporate Perceptions...Ch. 12.2 - The race for the 2013 Academy Award for Actress in...Ch. 12.2 - The national Sleep Foundation used a survey to...Ch. 12.2 - Prob. 18E Ch. 12.3 - Test the following hypotheses by using the 2...Ch. 12.3 - The following data are believed to have come from...Ch. 12.3 - During the first 13 weeks of the television...Ch. 12.3 - Mars, Inc. manufactures MMs, one of the most...Ch. 12.3 - The wall street Journals Shareholder Scoreboard...Ch. 12.3 - The national highway Traffic Safety administration...Ch. 12.3 - use = .01 and conduct a goodness of fit test to...Ch. 12.3 - The weekly demand for a product is believed to be...Ch. 12 - In a quality control test of parts manufactured at...Ch. 12 - Phoenix Marketing international identified...Ch. 12 - The five most popular art museums in the world are...Ch. 12 - A Pew Research Center survey asked respondents if...Ch. 12 - Bara Research Group conducted a survey about...Ch. 12 - An ambulance service responds to emergency calls...Ch. 12 - Based on sales over a six-month period, the five...Ch. 12 - A random sample of final examination grades for a...Ch. 12 - A salesperson makes four calls per day. A sample...Ch. 12 - In a study conducted by Zogby International for...

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55	85	72	99	48	71	88	70	59	98	80	74	93	85	74
82	90	71	83	60	95	77	84	73	63	72	95	79	51	85
76	81	78	65	75	87	86	70	80	64

55	85	72	99	48	71	88	70	59	98	80	74	93	85	74
82	90	71	83	60	95	77	84	73	63	72	95	79	51	85
76	81	78	65	75	87	86	70	80	64

Solution Summary: The author states that a normal probability distribution should not be rejected as representative of the population distribution of grades.

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Chapter 12 Solutions

55	85	72	99	48	71	88	70	59	98	80	74	93	85	74
82	90	71	83	60	95	77	84	73	63	72	95	79	51	85
76	81	78	65	75	87	86	70	80	64