Excursions in Modern Mathematics (9th Edition)
9th Edition
ISBN: 9780134468372
Author: Peter Tannenbaum
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Videos
Question
Chapter 15, Problem 70E
To determine
To draw:
The histogram of the given data.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solution
Students have asked these similar questions
Consider the following hypothesis test.
The following results are for two independent samples taken from the two populations.
Sample 1
Sample 2
n 1 = 80
n 2 = 70
x 1 = 104
x 2 = 106
σ 1 = 8.4
σ 2 = 7.6
What is the value of the test statistic? If required enter negative values as negative numbers (to 2 decimals).
What is the p-value (to 4 decimals)? Use z-table.
With = .05, what is your hypothesis testing conclusion?
Periodically, Merrill Lynch customers are asked to evaluate Merrill Lynch financial consultants and services (2000 Merrill Lynch Client Satisfaction Survey). Higher ratings on the client satisfaction survey indicate better service with 7 the maximum service rating. Independent samples of service ratings for two financial consultants are summarized here. Consultant A has 10 years of experience, whereas consultant B has 1 year of experience. Use = .05 and test to see whether the consultant with more experience has the higher population mean service rating.
Consultant A
Consultant B
= 16
= 10
= 6.82
= 6.25
= .64
= .75
State the null and alternative hypotheses.H0: 1 - 2 Ha: 1 - 2
Compute the value of the test statistic (to 2 decimals).
What is the p-value?The p-value is
What is your conclusion?
A firm paid its first annual dividend yesterday in the amount of $.15 per share. The company plans to double the dividend in each of the next 3 years. Starting in Year 4, the firm plans to pay $1.50 per share indefinitely. What is one share of this stock worth today if the market rate of return on similar securities is 13.8 percent?
Multiple Choice
$11.79
$8.92
$10.77
$11.02
$10.26
Chapter 15 Solutions
Excursions in Modern Mathematics (9th Edition)
Ch. 15 - Exercises 1 through 4 refer to the data set shown...Ch. 15 - Exercises 1 through 4 refer to the data set shown...Ch. 15 - Exercises 1 through 4 refer to the data set shown...Ch. 15 - Exercises 1 through 4 refer to the data set shown...Ch. 15 - Exercises 5 through 10 refer to Table 15-13, which...Ch. 15 - Exercises 5 through 10 refer to Table 15-13, which...Ch. 15 - Exercises 5 through 10 refer to Table 15-13, which...Ch. 15 - Exercise 5 through 10 refer to Table 15-13, which...Ch. 15 - Exercise 5 through 10 refer to Table 15-13, which...Ch. 15 - Exercise 5 through 10 refer to Table 15-13, which...
Ch. 15 - Exercise 11 and 12 refer to the bar graph shown in...Ch. 15 - Exercise 11 and 12 refer to the bar graph shown in...Ch. 15 - Exercise 13 and 14 refer to the pie chart in Fig....Ch. 15 - Exercise 13 and 14 refer to the pie chart in Fig....Ch. 15 - Table 15-14 shows the class interval frequencies...Ch. 15 - Table 15-15 shows the class interval frequencies...Ch. 15 - Table 15-16 shows the percentage of U.S. working...Ch. 15 - Table 15-17 shows the percentage of U.S. workers...Ch. 15 - Exercises 19 and 20 refer to Table 15-18, which...Ch. 15 - More than Less than or equal to Number of babies...Ch. 15 - Exercises 21 and 22 refer to the two histograms...Ch. 15 - Exercises 21 and 22 refer to the two histograms...Ch. 15 - Consider the data set {3,5,7,4,8,2,8,3,6}. a.Find...Ch. 15 - Consider the data set {4,6,8,5.2,10.4,10,12.6,13}...Ch. 15 - Find the average A and median M of each of the...Ch. 15 - Find the average A and median M of each of the...Ch. 15 - Find the average A and median M of each of the...Ch. 15 - Find the average A and median M of each of the...Ch. 15 - Table 15-19 shows the results of a 5-point musical...Ch. 15 - Table 15-20 shows the ages of the firefighters in...Ch. 15 - Table 15-21 shows the relative frequencies of the...Ch. 15 - Table 15-22 shows the relative frequencies of the...Ch. 15 - Consider the data set {5,7,4,8,2,8,3,6}. a. Find...Ch. 15 - Consider the data set {4,6,8,5.2,10.4,10,12.6,13}....Ch. 15 - For each data set, find the 75th and the 90th...Ch. 15 - For each data set, find the 10th and the 25th...Ch. 15 - Table 15-20 Age 25 27 28 29 30 Frequency 2 7 6 9...Ch. 15 - This exercise refers to the math quiz scores shown...Ch. 15 - Prob. 39ECh. 15 - Exercise 39 and 40 refer to SAT test scores for...Ch. 15 - Consider the data set {5,7,4,8,2,8,3,6}. a. Find...Ch. 15 - Consider the data set {4,6,8,5.2,10.4,10,12.6,13}....Ch. 15 - Prob. 43ECh. 15 - This exercise refers to the distribution of the...Ch. 15 - Exercises 45 and 46 refer to the two box plots in...Ch. 15 - Exercises 45 and 46 refer to the two box plots in...Ch. 15 - For the data set {5,7,4,8,2,8,3,6}, find a. the...Ch. 15 - For the data set {4,6,8,5.2,10.4,10,12.6,13}, find...Ch. 15 - A realty company has sold N=341 homes in the last...Ch. 15 - Exercise 45 and 46 refer to the box plot in...Ch. 15 - Prob. 51ECh. 15 - For Exercises 51 through 54, you should use the...Ch. 15 - For Exercises 51 through 54, you should use the...Ch. 15 - For Exercises 51 through 54, you should use the...Ch. 15 - The purpose of Exercises 55 and 56 is to practice...Ch. 15 - The purpose of Exercises 55 and 56 is to practice...Ch. 15 - Exercises 57 and 58 refer to the mode of a data...Ch. 15 - Exercises 57 and 58 refer to the mode of a data...Ch. 15 - Mikes average on the first five exams in Econ 1A...Ch. 15 - Explain each of the following statements regarding...Ch. 15 - In 2006, the median SAT score was the average of...Ch. 15 - In 2004, the third quartile SAT scores was...Ch. 15 - Prob. 63ECh. 15 - Suppose that the average of 10 numbers is 7.5 and...Ch. 15 - Prob. 65ECh. 15 - What happens to the five-number summary of the...Ch. 15 - Prob. 67ECh. 15 - Prob. 68ECh. 15 - Prob. 69ECh. 15 - Prob. 70ECh. 15 - Prob. 71ECh. 15 - Prob. 72ECh. 15 - Prob. 73ECh. 15 - Suppose that the standard deviation of the data...Ch. 15 - Chebyshevs theorem. The Russian mathematician P.L....
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.Similar questions
- У1 = e is a solution to the differential equation xy" — (x+1)y' + y = 0. Use reduction of order to find the solution y(x) corresponding to the initial data y(1) = 1, y′ (1) = 0. Then sin(y(2.89)) is -0.381 0.270 -0.401 0.456 0.952 0.981 -0.152 0.942arrow_forwardHere is the optimal tableau for a standard Max problem. zx1 x2 x3 24 81 82 83 rhs 1 0 5 3 0 6 0 1 .3 7.5 0 - .1 .2 0 0 28 360 0 -8 522 0 2700 0 6 12 1 60 0 0 -1/15-3 1 1/15 -1/10 0 2 Using that the dual solution y = CBy B-1 and finding B = (B-¹)-¹ we find the original CBV and rhs b. The allowable increase for b₂ is If b₂ is increased by 3 then, using Dual Theorem, the new value for * is If c₂ is increased by 10, then the new value for optimal > is i.e. if no change to BV, then just a change to profit on selling product 2. The original coefficients c₁ = =☐ a and c4 = 5 If c4 is changed to 512, then (first adjusting other columns of row0 by adding Delta times row belonging to x4 or using B-matrix method to update row0) the new optimal value, after doing more simplex algorithm, for > isarrow_forward10 6 9. 8 -7- 6. 5. 4- 3. 2 1- -1 0 -1 2 3 4 ·10 5 6 7 00 8 6 10arrow_forward
- solve pleasearrow_forwardWeek 3: Mortgages and Amortiza X + rses/167748/assignments/5379530?module_item_id=23896312 11:59pm Points 10 Submitting an external tool Gider the following monthly amortization schedule: Payment # Payment Interest Debt Payment Balance 1 1,167.34 540.54 626.80 259,873.20 2 1,167.34 539.24 628.10 259,245.10 3 1,167.34 With the exception of column one, all amounts are in dollars. Calculate the annual interest rate on this loa Round your answer to the nearest hundredth of a percent. Do NOT round until you calculate the final answer. * Previous a Earrow_forwardCafé Michigan's manager, Gary Stark, suspects that demand for mocha latte coffees depends on the price being charged. Based on historical observations, Gary has gathered the following data, which show the numbers of these coffees sold over six different price values: Price Number Sold $2.70 765 $3.50 515 $2.00 990 $4.30 240 $3.10 325 $4.00 475 Using simple linear regression and given that the price per cup is $1.85, the forecasted demand for mocha latte coffees will be cups (enter your response rounded to one decimal place).arrow_forward
- The parametric equations of the function are given asx=asin²0, y = acos). Calculate [Let: a=anumerical coefficient] dy d²y and dx dx2arrow_forwardA tank contains 200 gal of fresh water. A solution containing 4 lb/gal of soluble lawn fertilizer runs into the tank at the rate of 1 gal/min, and the mixture is pumped out of the tank at the rate of 5 gal/min. Find the maximum amount of fertilizer in the tank and the time required to reach the maximum. Find the time required to reach the maximum amount of fertilizer in the tank. t= min (Type an integer or decimal rounded to the nearest tenth as needed.)arrow_forwardSuppose the random variable X is normally distributed with mean 80 and standard deviation 16. Find following probabilities. Find ‘b’ such that P(X ≥ b) = 0.975. Find the probability using a normal distribution table AND using ti-83 calculator. SHOW ALL STEPS PLEASE.arrow_forward
- Thumbi Irrigation Scheme in Mzimba district is under threat of flooding. In order to mitigate against the problem, authorities have decided to construct a flood protection bund (Dyke). Figure 1 is a cross section of a 300m long proposed dyke; together with its foundation (key). Survey data for the proposed site of the dyke are presented in Table 1. Table 2 provides swelling and shrinkage factors for the fill material that has been proposed. The dyke dimensions that are given are for a compacted fill. (1) Assume you are in the design office, use both the Simpson Rule and Trapezoidal Rule to compute the total volume of earthworks required. (Assume both the dyke and the key will use the same material). (2) If you are a Contractor, how many days will it take to finish hauling the computed earthworks using 3 tippers of 12m³ each? Make appropriate assumptions. DIKE CROSS SECTION OGL KEY (FOUNDATION) 2m 1m 2m 8m Figure 1: Cross section of Dyke and its foundation 1.5m from highest OGL 0.5m…arrow_forwardSuppose the random variable X is normally distributed with mean 80 and standard deviation 16. Find following probabilities. Equation: P(85 ≤ X ≤ 102). Find the probability using a normal distribution table AND using ti-83 calculator. SHOW ALL STEPS PLEASE.arrow_forwardData set is Bachelor Degree's Conferred by Race and Ethnicity.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt
How to make Frequency Distribution Table / Tally Marks and Frequency Distribution Table; Author: Reenu Math;https://www.youtube.com/watch?v=i_A6RiE8tLE;License: Standard YouTube License, CC-BY
Frequency distribution table in statistics; Author: Math and Science;https://www.youtube.com/watch?v=T7KYO76DoOE;License: Standard YouTube License, CC-BY
Frequency Distribution Table for Grouped/Continuous data | Math Dot Com; Author: Maths dotcom;https://www.youtube.com/watch?v=ErnccbXQOPY;License: Standard Youtube License