Modern Business Statistics with Microsoft Excel (MindTap Course List)
Modern Business Statistics with Microsoft Excel (MindTap Course List)
5th Edition
ISBN: 9781285433301
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
Publisher: Cengage Learning
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Chapter 12.3, Problem 18E

reconsider the observed frequencies in exercise 1

a. Compute the sample proportion for each population.

b. use the multiple comparison procedure to determine which population proportions differ significantly. use a .05 level of significance.

Populations

Response 1 2 3
Yes 150 150 96
No 100 150 104
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What do you guess are the standard deviations of the two distributions in the previous example problem?
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30. An individual who has automobile insurance from a certain company is randomly selected. Let Y be the num- ber of moving violations for which the individual was cited during the last 3 years. The pmf of Y isy      | 1       2      4       8      16p(y) | .05   .10   .35   .40   .10 a.Compute E(Y).b. Suppose an individual with Y violations incurs a surcharge of $100Y^2. Calculate the expected amount of the surcharge.

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Modern Business Statistics with Microsoft Excel (MindTap Course List)

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