
Concept explainers
Approximately 1.5 million high school students take the SAT each year and nearly 80% of the college and universities without open admissions policies use SAT scores in making admission decisions (College Board, March 2009). The current version of the SAT includes three parts: reading comprehension, mathematics, and writing. A perfect combined score for all three parts is 2400. A sample of SAT scores for the combined three-part SAT are as follows:
- a. Show a frequency distribution and histogram. Begin with the first class starting at 800 and use a class width of 200.
- b. Comment on the shape of the distribution.
- c. What other observations can be made about the SAT scores based on the tabular and graphical summaries?
a.

Construct the frequency distribution and histogram for the data.
Answer to Problem 44SE
The frequency distribution is tabulated below:
Class | Tally | Frequency |
800-999 | 1 | |
1000-1199 | 3 | |
1200-1399 | 6 | |
1400-1599 | 10 | |
1600-1799 | 7 | |
1800-1999 | 2 | |
2000-2199 | 1 | |
Total | 30 |
- Output using MINITAB software is given below:
Explanation of Solution
Calculation:
The data represents the sample of SAT scores for combined three part sat scores.
The frequencies are calculated by using the tally mark and the method of grouping is used because, range of the data is from 800 to 2,199. Here, the number of times each class levels repeats is the frequency of that particular class.
- From the given data set it is given that the class should be from approximately started with the class of 800 with class width of about 200.
- Make a tally mark for each value in the corresponding class and continue for all values in the data.
- The number of tally marks in each class represents the frequency, f of that class.
Similarly, the frequency of remaining classes for the data set is given below:
Class | Tally | Frequency |
800-999 | 1 | |
1000-1199 | 3 | |
1200-1399 | 6 | |
1400-1599 | 10 | |
1600-1799 | 7 | |
1800-1999 | 2 | |
2000-2199 | 1 | |
Total | 30 |
Software procedure:
Step by step procedure to draw the frequency histogram chart by using MINITAB software.
- Choose Graph > Histogram.
- Choose Simple, and then click OK.
- In Graph variables, enter the corresponding column of data.
- In scale on y-axis, make click on frequency.
- Click on ok.
b.

Comment the shape of the distribution.
Answer to Problem 44SE
The distribution of sat score is approximately symmetric.
Explanation of Solution
Symmetric distribution:
When the left and right sides of the distribution are approximately equal or mirror images of each other and three distributions will fall under symmetric distribution that is bell shaped, triangular and uniform or rectangular and then it is symmetric distribution.
From the graph, it is observed that the left and right side of the histogram is approximately equal. Hence, the shape of the distribution is bell-shaped curve.
Thus, it can be concluded that the distribution is approximately symmetric.
c.

Comment the observations of sat scores based on the tabular and graphical summary.
Explanation of Solution
From the data and the histogram, it is observed that approximately 33 percent of sat score (frequency about 10 of 30) will lie between 1400 and 1599.
- Moreover, the score less than 800 or greater than 2,200 are unusual and the average value of sat scores is over 1,500.
Want to see more full solutions like this?
Chapter 2 Solutions
Statistics for Business & Economics, Revised (MindTap Course List)
- Examine the Variables: Carefully review and note the names of all variables in the dataset. Examples of these variables include: Mileage (mpg) Number of Cylinders (cyl) Displacement (disp) Horsepower (hp) Research: Google to understand these variables. Statistical Analysis: Select mpg variable, and perform the following statistical tests. Once you are done with these tests using mpg variable, repeat the same with hp Mean Median First Quartile (Q1) Second Quartile (Q2) Third Quartile (Q3) Fourth Quartile (Q4) 10th Percentile 70th Percentile Skewness Kurtosis Document Your Results: In RStudio: Before running each statistical test, provide a heading in the format shown at the bottom. “# Mean of mileage – Your name’s command” In Microsoft Word: Once you've completed all tests, take a screenshot of your results in RStudio and paste it into a Microsoft Word document. Make sure that snapshots are very clear. You will need multiple snapshots. Also transfer these results to the…arrow_forwardExamine the Variables: Carefully review and note the names of all variables in the dataset. Examples of these variables include: Mileage (mpg) Number of Cylinders (cyl) Displacement (disp) Horsepower (hp) Research: Google to understand these variables. Statistical Analysis: Select mpg variable, and perform the following statistical tests. Once you are done with these tests using mpg variable, repeat the same with hp Mean Median First Quartile (Q1) Second Quartile (Q2) Third Quartile (Q3) Fourth Quartile (Q4) 10th Percentile 70th Percentile Skewness Kurtosis Document Your Results: In RStudio: Before running each statistical test, provide a heading in the format shown at the bottom. “# Mean of mileage – Your name’s command” In Microsoft Word: Once you've completed all tests, take a screenshot of your results in RStudio and paste it into a Microsoft Word document. Make sure that snapshots are very clear. You will need multiple snapshots. Also transfer these results to the…arrow_forward2 (VaR and ES) Suppose X1 are independent. Prove that ~ Unif[-0.5, 0.5] and X2 VaRa (X1X2) < VaRa(X1) + VaRa (X2). ~ Unif[-0.5, 0.5]arrow_forward
- 8 (Correlation and Diversification) Assume we have two stocks, A and B, show that a particular combination of the two stocks produce a risk-free portfolio when the correlation between the return of A and B is -1.arrow_forward9 (Portfolio allocation) Suppose R₁ and R2 are returns of 2 assets and with expected return and variance respectively r₁ and 72 and variance-covariance σ2, 0%½ and σ12. Find −∞ ≤ w ≤ ∞ such that the portfolio wR₁ + (1 - w) R₂ has the smallest risk.arrow_forward7 (Multivariate random variable) Suppose X, €1, €2, €3 are IID N(0, 1) and Y2 Y₁ = 0.2 0.8X + €1, Y₂ = 0.3 +0.7X+ €2, Y3 = 0.2 + 0.9X + €3. = (In models like this, X is called the common factors of Y₁, Y₂, Y3.) Y = (Y1, Y2, Y3). (a) Find E(Y) and cov(Y). (b) What can you observe from cov(Y). Writearrow_forward
- 1 (VaR and ES) Suppose X ~ f(x) with 1+x, if 0> x > −1 f(x) = 1−x if 1 x > 0 Find VaRo.05 (X) and ES0.05 (X).arrow_forwardJoy is making Christmas gifts. She has 6 1/12 feet of yarn and will need 4 1/4 to complete our project. How much yarn will she have left over compute this solution in two different ways arrow_forwardSolve for X. Explain each step. 2^2x • 2^-4=8arrow_forward
- One hundred people were surveyed, and one question pertained to their educational background. The results of this question and their genders are given in the following table. Female (F) Male (F′) Total College degree (D) 30 20 50 No college degree (D′) 30 20 50 Total 60 40 100 If a person is selected at random from those surveyed, find the probability of each of the following events.1. The person is female or has a college degree. Answer: equation editor Equation Editor 2. The person is male or does not have a college degree. Answer: equation editor Equation Editor 3. The person is female or does not have a college degree.arrow_forwardneed help with part barrow_forwardSuppose you know that Bob's test score is above the mean, but he doesn't remember by how much. At least how many students must score lower than Bob?arrow_forward
- Holt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGALCollege Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage LearningGlencoe 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





