EBK PRACTICE OF STAT.F/AP EXAM,UPDATED
6th Edition
ISBN: 9781319287573
Author: Starnes
Publisher: MPS PUB
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Question
Chapter 2.1, Problem 28E
(a)
To determine
Effect of discounton the shape of the resulting price distribution.
(a)
Expert Solution
Answer to Problem 28E
Shape will remain unaffected.
Explanation of Solution
Given information:
Each car’s price is reduced by 10% instead of a $500.
Every car’s price gets reduced by 10%.
That means
New price becomes 90% (or 0.90) instead of previous price which was 100%.
Thus,
Every price needs to be multiplied by 0.90.
When every value in the data is multiplied by 0.90, then the shape of the distribution will not be affected because there will be no change in the relationships between every data pair.
Thus,
The distribution shape of the new price remains the same as that of the old price distribution shape.
(b)
To determine
Effect of discounton the
(b)
Expert Solution
Answer to Problem 28E
Median is reduced by 10%.
Explanation of Solution
Given information:
Each car’s price is reduced by 10% instead of a $500.
Every car’s price gets reduced by 10%.
That means
New price becomes 90% (or 0.90) instead of previous price which was 100%.
Thus,
Every price needs to be multiplied by 0.90.
We know that
Median is a measure of the center.
When every value in the data is multiplied by 0.90, then the center of the distribution is also multiplied by 0.90.
Thus,
Median also gets multiplied by 0.90.
We can also say
The median is reduced by 10%.
(c)
To determine
Effect of discount on the
(c)
Expert Solution
Answer to Problem 28E
Interquartile
Explanation of Solution
Given information:
Each car’s price is reduced by 10% instead of a $500.
Every car’s price gets reduced by 10%.
That means
New price becomes 90% (or 0.90) instead of previous price which was 100%.
Thus,
Every price needs to be multiplied by 0.90.
We know that
Interquartile range is a measure of the variability.
When every value in the data is multiplied by 0.90, then the variability of the distribution is also multiplied by 0.90.
Thus,
Interquartile range also gets multiplied by 0.90.
We can also say
Interquartile range equivalently decreased by 10%.
Chapter 2 Solutions
EBK PRACTICE OF STAT.F/AP EXAM,UPDATED
Ch. 2.1 - Prob. 1ECh. 2.1 - Prob. 2ECh. 2.1 - Prob. 3ECh. 2.1 - Prob. 4ECh. 2.1 - Prob. 5ECh. 2.1 - Prob. 6ECh. 2.1 - Prob. 7ECh. 2.1 - Prob. 8ECh. 2.1 - Prob. 9ECh. 2.1 - Prob. 10E
Ch. 2.1 - Prob. 11ECh. 2.1 - Prob. 12ECh. 2.1 - Prob. 13ECh. 2.1 - Prob. 14ECh. 2.1 - Prob. 15ECh. 2.1 - Prob. 16ECh. 2.1 - Prob. 17ECh. 2.1 - Prob. 18ECh. 2.1 - Prob. 19ECh. 2.1 - Prob. 20ECh. 2.1 - Prob. 21ECh. 2.1 - Prob. 22ECh. 2.1 - Prob. 23ECh. 2.1 - Prob. 24ECh. 2.1 - Prob. 25ECh. 2.1 - Prob. 26ECh. 2.1 - Prob. 27ECh. 2.1 - Prob. 28ECh. 2.1 - Prob. 29ECh. 2.1 - Prob. 30ECh. 2.1 - Prob. 31ECh. 2.1 - Prob. 32ECh. 2.1 - Prob. 33ECh. 2.1 - Prob. 34ECh. 2.1 - Prob. 35ECh. 2.1 - Prob. 36ECh. 2.1 - Prob. 37ECh. 2.1 - Prob. 38ECh. 2.1 - Prob. 39ECh. 2.1 - Prob. 40ECh. 2.2 - Prob. 41ECh. 2.2 - Prob. 42ECh. 2.2 - Prob. 43ECh. 2.2 - Prob. 44ECh. 2.2 - Prob. 45ECh. 2.2 - Prob. 46ECh. 2.2 - Prob. 47ECh. 2.2 - Prob. 48ECh. 2.2 - Prob. 49ECh. 2.2 - Prob. 50ECh. 2.2 - Prob. 51ECh. 2.2 - Prob. 52ECh. 2.2 - Prob. 53ECh. 2.2 - Prob. 54ECh. 2.2 - Prob. 55ECh. 2.2 - Prob. 56ECh. 2.2 - Prob. 57ECh. 2.2 - Prob. 58ECh. 2.2 - Prob. 59ECh. 2.2 - Prob. 60ECh. 2.2 - Prob. 61ECh. 2.2 - Prob. 62ECh. 2.2 - Prob. 63ECh. 2.2 - Prob. 64ECh. 2.2 - Prob. 65ECh. 2.2 - Prob. 66ECh. 2.2 - Prob. 67ECh. 2.2 - Prob. 68ECh. 2.2 - Prob. 69ECh. 2.2 - Prob. 70ECh. 2.2 - Prob. 71ECh. 2.2 - Prob. 72ECh. 2.2 - Prob. 73ECh. 2.2 - Prob. 74ECh. 2.2 - Prob. 75ECh. 2.2 - Prob. 76ECh. 2.2 - Prob. 77ECh. 2.2 - Prob. 78ECh. 2.2 - Prob. 79ECh. 2.2 - Prob. 80ECh. 2.2 - Prob. 81ECh. 2.2 - Prob. 82ECh. 2.2 - Prob. 83ECh. 2.2 - Prob. 84ECh. 2.2 - Prob. 85ECh. 2.2 - Prob. 86ECh. 2.2 - Prob. 87ECh. 2.2 - Prob. 88ECh. 2.2 - Prob. 89ECh. 2.2 - Prob. 90ECh. 2.2 - Prob. 91ECh. 2.2 - Prob. 92ECh. 2 - Prob. R2.1RECh. 2 - Prob. R2.2RECh. 2 - Prob. R2.3RECh. 2 - Prob. R2.4RECh. 2 - Prob. R2.5RECh. 2 - Prob. R2.6RECh. 2 - Prob. R2.7RECh. 2 - Prob. R2.8RECh. 2 - Prob. R2.9RECh. 2 - Prob. T2.1SPTCh. 2 - Prob. T2.2SPTCh. 2 - Prob. T2.3SPTCh. 2 - Prob. T2.4SPTCh. 2 - Prob. T2.5SPTCh. 2 - Prob. T2.6SPTCh. 2 - Prob. T2.7SPTCh. 2 - Prob. T2.8SPTCh. 2 - Prob. T2.9SPTCh. 2 - Prob. T2.10SPTCh. 2 - Prob. T2.11SPTCh. 2 - Prob. T2.12SPTCh. 2 - Prob. T2.13SPT
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