ELEMENTARY STATS. 18 WEEK ACCESS CODE
13th Edition
ISBN: 9780135900826
Author: Triola
Publisher: PEARSON
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Chapter 2.4, Problem 13BB
To determine
To write: The statement that interprets the P-value.
To include: Conclusion about
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Morningstar tracks the total return for a large number of mutual funds. The following table shows the total return and the number of funds for four categories of mutual funds.
Click on the datafile logo to reference the data.
DATA file
Type of Fund
Domestic Equity
Number of Funds
Total Return (%)
9191
4.65
International Equity
2621
18.15
Hybrid
1419
2900
11.36
6.75
Specialty Stock
a. Using the number of funds as weights, compute the weighted average total return for these mutual funds. (to 2 decimals)
%
b. Is there any difficulty associated with using the "number of funds" as the weights in computing the weighted average total return in part (a)? Discuss. What else might be used for weights?
The input in the box below will not be graded, but may be reviewed and considered by your instructor.
c. Suppose you invested $10,000 in this group of mutual funds and diversified the investment by placing $2000 in Domestic Equity funds, $4000 in International Equity funds, $3000 in Specialty Stock…
The days to maturity for a sample of five money market funds are shown here. The dollar amounts invested in the funds are provided.
Days to
Maturity
20
Dollar Value
($ millions)
20
12
30
7
10
5
6
15
10
Use the weighted mean to determine the mean number of days to maturity for dollars invested in these five money market funds (to 1 decimal).
days
c. What are the first and third quartiles?
First Quartiles (to 1 decimals)
Third Quartiles (to 4 decimals)
× ☑
Which companies spend the most money on advertising? Business Insider maintains a list of the top-spending companies. In 2014, Procter & Gamble spent more than any other company, a whopping $5 billion. In second place was Comcast, which spent $3.08 billion (Business Insider website, December 2014). The top 12 companies and
the amount each spent on advertising in billions of dollars are as follows.
Click on the datafile logo to reference the data.
DATA file
Company
Procter & Gamble
Comcast
Advertising
($billions)
$5.00
3.08
2.91
Company
American Express
General Motors
Advertising
($billions)
$2.19
2.15
ETET
AT&T
Ford
Verizon
L'Oreal
2.56
2.44
2.34
Toyota
Fiat Chrysler
Walt Disney Company
J.P Morgan
a. What is the mean amount spent on advertising? (to 2 decimals)
2.55
b. What is the median amount spent on advertising? (to 3 decimals)
2.09
1.97
1.96
1.88
Chapter 2 Solutions
ELEMENTARY STATS. 18 WEEK ACCESS CODE
Ch. 2.1 - McDonalds Dinner Service Times Refer 10 the...Ch. 2.1 - McDonalds Dinner Service Times Refer to the...Ch. 2.1 - Relative Frequency Distribution Use percentages to...Ch. 2.1 - Whats Wrong? Heights of adult males are known to...Ch. 2.1 - In Exercise 58, identify the class width, class...Ch. 2.1 - In Exercises 58, identify the class width, class...Ch. 2.1 - In Exercises 58, identify the class width, class...Ch. 2.1 - In Exercises 58, identify the class width, class...Ch. 2.1 - Normal Distributions. In Exercises 9 and 10, using...Ch. 2.1 - Normal Distributions. In Exercises 9 and 10, using...
Ch. 2.1 - Constructing Frequency Distributions. In Exercises...Ch. 2.1 - Constructing Frequency Distributions. In Exercises...Ch. 2.1 - Constructing Frequency Distributions. In Exercises...Ch. 2.1 - Burger King Dinner Service Times Refer to Data Set...Ch. 2.1 - Wendys Lunch Service Times Refer to Data Set 25...Ch. 2.1 - Wendys Dinner Service Times Refer to Data Set 25...Ch. 2.1 - Analysis of Last Digits Heights of statistics...Ch. 2.1 - Analysis of Last Digits Weights of respondents...Ch. 2.1 - Oscar Winners Construct one table (similar to...Ch. 2.1 - Blood Platelet Counts Construct one table (similar...Ch. 2.1 - Cumulative Frequency Distributions. In Exercises...Ch. 2.1 - Cumulative Frequency Distributions. In Exercises...Ch. 2.1 - Categorical Data. In Exercises 23 and 24, use the...Ch. 2.1 - Categorical Data. In Exercises 23 and 24, use the...Ch. 2.1 - Large Data Sets. Exercises 2528 involve large sets...Ch. 2.1 - Large Data Sets. Exercises 2528 involve large sets...Ch. 2.1 - Large Data Sets. Exercises 2528 involve large sets...Ch. 2.1 - Large Data Sets. Exercises 2528 involve large sets...Ch. 2.1 - Interpreting Effects of Outliers Refer to Data Set...Ch. 2.2 - Heights Heights of adult males are normally...Ch. 2.2 - More Heights The population of heights of adult...Ch. 2.2 - Blood Platelet Counts Listed below are blood...Ch. 2.2 - Blood Platelet Counts If we collect a sample of...Ch. 2.2 - Interpreting a Histogram. In Exercises 58, answer...Ch. 2.2 - Prob. 6BSCCh. 2.2 - Interpreting a Histogram. In Exercises 58, answer...Ch. 2.2 - Prob. 8BSCCh. 2.2 - Constructing Histograms. In Exercises 9-16,...Ch. 2.2 - Constructing Histograms. In Exercises 9-16,...Ch. 2.2 - Burger King Lunch Service Times Use the frequency...Ch. 2.2 - Burger King Dinner Service Times Use the frequency...Ch. 2.2 - Wendys Lunch Service Times Use the frequency...Ch. 2.2 - Wendys Dinner Service Times Use the frequency...Ch. 2.2 - Analysis of Last Digits Use the frequency...Ch. 2.2 - Analysis of Last Digits Use the frequency...Ch. 2.2 - Back-to-Back Relative Frequency Histograms When...Ch. 2.2 - Interpreting Normal Quantile Plots Which of the...Ch. 2.3 - Body Temperatures Listed below are body...Ch. 2.3 - Voluntary Response Data If we have a large...Ch. 2.3 - Ethics There are data showing that smoking is...Ch. 2.3 - CVDOT Section 2-1 introduced important...Ch. 2.3 - Dotplots. In Exercises 5 and 6, construct the...Ch. 2.3 - Diastolic Blood Pressure Listed below are...Ch. 2.3 - Stem plots. In Exercises 7 and 8, construct the...Ch. 2.3 - Stemplots. In Exercises 7 and 8, construct the...Ch. 2.3 - Time-Series Graphs. In Exercises 9 and 10,...Ch. 2.3 - Time-Series Graphs. In Exercises 9 and 10,...Ch. 2.3 - Pareto Charts. In Exercises 11 and 12 construct...Ch. 2.3 - Pareto Charts. In Exercises 11 and 12 construct...Ch. 2.3 - Pie Charts. In Exercises 13 and 14, construct the...Ch. 2.3 - Pie Charts. In Exercises 13 and 14, construct the...Ch. 2.3 - Frequency Polygon. In Exercises 15 and 16,...Ch. 2.3 - Frequency Polygon. In Exercises 15 and 16,...Ch. 2.3 - Self-Driving Vehicles In a survey of adults,...Ch. 2.3 - Deceptive Graphs. In Exercises 17-20, identify how...Ch. 2.3 - Deceptive Graphs. In Exercises 17-20, identify how...Ch. 2.3 - Deceptive Graphs. In Exercises 17-20, identify how...Ch. 2.3 - Expanded Stemplots A stemplot can be condensed by...Ch. 2.4 - Linear Correlation In this section we use r to...Ch. 2.4 - Causation A study has shown that there is a...Ch. 2.4 - Scanerplot What is a scatterplot and how does it...Ch. 2.4 - Estimating r For each of the following, estimate...Ch. 2.4 - Scatterplot. In Exercises 5-8, use the sample data...Ch. 2.4 - Scatterplot. In Exercises 5-8, use the sample data...Ch. 2.4 - Scatterplot. In Exercises 5-8, use the sample data...Ch. 2.4 - Scatterplot. In Exercises 5-8, use the sample data...Ch. 2.4 - Linear Correlation Coefficient In Exercises 9-12,...Ch. 2.4 - Linear Correlation Coefficient In Exercises 9-12,...Ch. 2.4 - Linear Correlation Coefficient In Exercises 9-12,...Ch. 2.4 - Using the data from Exercise 8 Heights of Fathers...Ch. 2.4 - Prob. 13BBCh. 2.4 - P-Values In Exercises 13-16, write a statement...Ch. 2.4 - P-Values In Exercises 13-16, write a statement...Ch. 2.4 - P-Values In Exercises 13-16, write a statement...Ch. 2 - Cookies Refer to the accompanying frequency...Ch. 2 - Cookies Using the same frequency distribution from...Ch. 2 - Cookies Using the same frequency distribution from...Ch. 2 - Cookies A stemplot of the same cookies summarized...Ch. 2 - Computers As a quality control manager at Texas...Ch. 2 - Distribution of Wealth In recent years, there has...Ch. 2 - Health Test In an investigation of a relationship...Ch. 2 - Lottery In Floridas Play 4 lottery game, four...Ch. 2 - Seatbelts The Beams Seatbelts company...Ch. 2 - Seatbelts A histogram is to be constructed from...Ch. 2 - Frequency Distribution of Body Temperatures...Ch. 2 - Histogram of Body Temperatures Construct the...Ch. 2 - Dotplot of Body Temperatures Construct a dotplot...Ch. 2 - Stemplot of Body Temperatures Construct a stemplot...Ch. 2 - Body Temperatures Listed below are the...Ch. 2 - Environment a. After collecting the average (mean)...Ch. 2 - Its Like Time Do This Exercise In a Marist survey...Ch. 2 - Whatever Use the same data from Exercise 7 to...Ch. 2 - In Exercises 1-6 refer to the data below, which...Ch. 2 - Frequency Distribution For the frequency...Ch. 2 - In Exercises 1-6, refer to the data below, which...Ch. 2 - In Exercises 1-6, refer to the data below, which...Ch. 2 - In Exercises 1-6, refer to the data below, which...Ch. 2 - Data Type a. The listed playing times are all...Ch. 2 - It was stated in this chapter that the days of...Ch. 2 - Fast Food Restaurant Drive-Through Service Times:...
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