Concept explainers
Percentiles. The pth percentile of a sorted data set is a number
Table 17-9
Percentile | Approximate location | Percentile | Approximate location |
99th |
|
1st |
|
95th |
|
5th |
|
90th |
|
10th |
|
80th |
|
20th |
|
75th |
|
25th |
|
70th |
|
30th |
|
60th |
|
40th |
|
50th |
|
In Exercises 67 through 73, you should use the table to make your estimates.
Consider again the college entrance exam discussed in Exercise 68.
a. Mary scored 83 points on the exam. Estimate the percentile in which this score places her.
b. Adam scored 45 points on the exam. Estimate the percentile in which this score places him.
c. If there are 250 students that scored 35 points or less on the exam, estimate the total number of students who took the exam.
Learn your wayIncludes step-by-step video
Chapter 17 Solutions
Excursions in Mathematics, Loose-Leaf Edition Plus MyLab Math with Pearson eText -- 18 Week Access Card Package
Additional Math Textbook Solutions
Algebra and Trigonometry (6th Edition)
Thinking Mathematically (6th Edition)
A First Course in Probability (10th Edition)
College Algebra (7th Edition)
Basic Business Statistics, Student Value Edition
A Problem Solving Approach To Mathematics For Elementary School Teachers (13th Edition)
- Given g = (-5, 10) and u = (5, 2), find -4ğ - 6.arrow_forwardyou stop recording velocity data at t = 4.0s but you notice a short time later that your friend going fast at 13.8m/s. assuming he keeps the same acceleration, how much time passed since you stopped recording dataarrow_forwardGiven the vector v→=⟨3,-5⟩, find the magnitude and angle in which the vector points (measured in radians counterclockwise from the positive x-axis and 0≤θ<2π). Round each decimal number to two places.arrow_forward
- Given sets X and Y with X ∈ Y, is it always true that P (X) ∈ P (Y) (power sets)? If not, what is a counterexample?arrow_forwardA random variable X takes values 0 and 1 with probabilities q and p, respectively, with q+p=1. find the moment generating function of X and show that all the moments about the origin equal p. (Note- Please include as much detailed solution/steps in the solution to understand, Thank you!)arrow_forward1 (Expected Shortfall) Suppose the price of an asset Pt follows a normal random walk, i.e., Pt = Po+r₁ + ... + rt with r₁, r2,... being IID N(μ, o²). Po+r1+. ⚫ Suppose the VaR of rt is VaRq(rt) at level q, find the VaR of the price in T days, i.e., VaRq(Pt – Pt–T). - • If ESq(rt) = A, find ES₁(Pt – Pt–T).arrow_forward
- 2 (Normal Distribution) Let rt be a log return. Suppose that r₁, 2, ... are IID N(0.06, 0.47). What is the distribution of rt (4) = rt + rt-1 + rt-2 + rt-3? What is P(rt (4) < 2)? What is the covariance between r2(2) = 1 + 12 and 13(2) = r² + 13? • What is the conditional distribution of r₁(3) = rt + rt-1 + rt-2 given rt-2 = 0.6?arrow_forward3 (Sharpe-ratio) Suppose that X1, X2,..., is a lognormal geometric random walk with parameters (μ, o²). Specifically, suppose that X = Xo exp(rı + ...Tk), where Xo is a fixed constant and r1, T2, ... are IID N(μ, o²). Find the Sharpe-ratios of rk and log(Xk) — log(Xo) respectively, assuming the risk free return is 0.arrow_forwardi need help with question 2arrow_forward
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillBig Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin HarcourtHolt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
- Linear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage LearningFunctions and Change: A Modeling Approach to Coll...AlgebraISBN:9781337111348Author:Bruce Crauder, Benny Evans, Alan NoellPublisher:Cengage Learning