Statistics
Statistics
4th Edition
ISBN: 9780393929720
Author: David Freedman, Robert Pisani, Roger Purves
Publisher: Norton, W. W. & Company, Inc.
Question
Book Icon
Chapter 16.5, Problem 10RE

a.

To determine

Calculate the average.

a.

Expert Solution
Check Mark

Answer to Problem 10RE

 The average is 0.15.

Explanation of Solution

Calculation:

Here, 200 draws are made randomly with replacement from the box containing the numbers         –3, –2, –1, 0, 1, 2, 3.

The sum of 200 draws is 30 and their average is calculated as follows:

Average = sum of the drawsnumber of drawsx¯= xnx¯ = 30200x¯=0.15

Thus, the average is 0.15.

b.

To determine

Find the average.

b.

Expert Solution
Check Mark

Answer to Problem 10RE

 The average is –0.10.

Explanation of Solution

Calculation:

Here, 200 draws are made randomly with replacement from the box containing the numbers         –3, –2, –1, 0, 1, 2, 3.

The sum of 200 draws is –20 and their average is calculated as follows:

Average = sum of the drawsnumber of drawsx¯= xinx¯ = 20200x¯=0.10

Thus, the average is –0.10.

c.

To determine

Find the general term of average.

c.

Expert Solution
Check Mark

Answer to Problem 10RE

The general term of average is sum of the draws divided by 200.

Explanation of Solution

Calculation:

The average is the sum of the draws divided by number of draws.

Average = sum of the drawsnumber of drawsx¯= xin

The general term of average is sum of the draws divided by 200.

d.

To determine

Check whether the options are same.

If not same, identify the better one.

d.

Expert Solution
Check Mark

Answer to Problem 10RE

Same.

Explanation of Solution

In option (i), the sum of 200 draws is –5 and 5 and their average is calculated as:

Average = sum of the drawsnumber of draws                                          Average = sum of the drawsnumber of drawsx¯= xin                                                                    x¯= xinx¯ = 5200                                                                      x¯  = 5200x¯=0.025                                                                  x¯=0.025

Hence, the average is –0.025 and 0.025 which is same as the average in option (ii).

Thus, the average is same in both the options.

Same.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
a. Find the value of A.b. Find pX(x) and py(y).c. Find pX|y(x|y) and py|X(y|x)d. Are x and y independent? Why or why not?
Analyze the residuals of a linear regression model and select the best response.Criteria is simple evaluation of possible indications of an exponential model vs. linear model)     no, the residual plot does not show a curve yes, the residual plot does not show a curve yes, the residual plot shows a curve no, the residual plot shows a curve I selected:  yes, the residual plot shows a curve and it is INCORRECT. Can u help me understand why?
You have been hired as an intern to run analyses on the data and report the results back to Sarah; the five questions that Sarah needs you to address are given below. please do it step by step on excel   Does there appear to be a positive or negative relationship between price and screen size? Use a scatter plot to examine the relationship. Determine and interpret the correlation coefficient between the two variables. In your interpretation, discuss the direction of the relationship (positive, negative, or zero relationship). Also discuss the strength of the relationship. Estimate the relationship between screen size and price using a simple linear regression model and interpret the estimated coefficients. (In your interpretation, tell the dollar amount by which price will change for each unit of increase in screen size). Include the manufacturer dummy variable (Samsung=1, 0 otherwise) and estimate the relationship between screen size, price and manufacturer dummy as a multiple…
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Text book image
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Text book image
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Text book image
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
Text book image
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Text book image
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman