Concept explainers
(a)
To find the
(a)

Answer to Problem 2.40E
The five number summary consists
IQR=
Explanation of Solution
The data set given in the question is as:-
Let us arrange it in ascending order as:-
The five number summary consists of the minimum, the first
The minimum number is
The median is the middle value of the sorted data set. Since the data values are even, the median is the average of the two middle values, as,
The lower
Thus,
Now, the upper quartile range is calculated as,
Thus,
And the maximum value of the data values is
Thus, the five number summary consists
The Interquartile range IQR is the difference between the lower and upper quartile.
This implies, IQR is equal to
(b)
To calculate the sample mean and standard deviation for the data given in the question.
(b)

Answer to Problem 2.40E
Explanation of Solution
The data set given in the question is as:-
The mean of the data is calculated by the formula,
Here, we have,
And
Putting in the values from above, we have,
The actual value of standard deviation can be calculated by the formula of variance given below as:-
Putting in the values from above, we have,
(c)
To calculate the z-score for the smallest and the largest observations and find are there any of the observations unusually large or unusually small.
(c)

Answer to Problem 2.40E
The z-score is
Explanation of Solution
The data set given in the question is as:-
Also from part (b)
The z-score value is decreased by the mean and divided by the standard deviation as:
The smallest observation can be calculated as,
The largest observation can be calculated as,
Unusual observations have a z-score below
Since both the observations are between them, neither of the observations are unusual.
Want to see more full solutions like this?
Chapter 2 Solutions
EP INTRODUCTION TO PROBABILITY+STAT.
- Harvard University California Institute of Technology Massachusetts Institute of Technology Stanford University Princeton University University of Cambridge University of Oxford University of California, Berkeley Imperial College London Yale University University of California, Los Angeles University of Chicago Johns Hopkins University Cornell University ETH Zurich University of Michigan University of Toronto Columbia University University of Pennsylvania Carnegie Mellon University University of Hong Kong University College London University of Washington Duke University Northwestern University University of Tokyo Georgia Institute of Technology Pohang University of Science and Technology University of California, Santa Barbara University of British Columbia University of North Carolina at Chapel Hill University of California, San Diego University of Illinois at Urbana-Champaign National University of Singapore McGill…arrow_forwardName Harvard University California Institute of Technology Massachusetts Institute of Technology Stanford University Princeton University University of Cambridge University of Oxford University of California, Berkeley Imperial College London Yale University University of California, Los Angeles University of Chicago Johns Hopkins University Cornell University ETH Zurich University of Michigan University of Toronto Columbia University University of Pennsylvania Carnegie Mellon University University of Hong Kong University College London University of Washington Duke University Northwestern University University of Tokyo Georgia Institute of Technology Pohang University of Science and Technology University of California, Santa Barbara University of British Columbia University of North Carolina at Chapel Hill University of California, San Diego University of Illinois at Urbana-Champaign National University of Singapore…arrow_forwardA company found that the daily sales revenue of its flagship product follows a normal distribution with a mean of $4500 and a standard deviation of $450. The company defines a "high-sales day" that is, any day with sales exceeding $4800. please provide a step by step on how to get the answers in excel Q: What percentage of days can the company expect to have "high-sales days" or sales greater than $4800? Q: What is the sales revenue threshold for the bottom 10% of days? (please note that 10% refers to the probability/area under bell curve towards the lower tail of bell curve) Provide answers in the yellow cellsarrow_forward
- Find the critical value for a left-tailed test using the F distribution with a 0.025, degrees of freedom in the numerator=12, and degrees of freedom in the denominator = 50. A portion of the table of critical values of the F-distribution is provided. Click the icon to view the partial table of critical values of the F-distribution. What is the critical value? (Round to two decimal places as needed.)arrow_forwardA retail store manager claims that the average daily sales of the store are $1,500. You aim to test whether the actual average daily sales differ significantly from this claimed value. You can provide your answer by inserting a text box and the answer must include: Null hypothesis, Alternative hypothesis, Show answer (output table/summary table), and Conclusion based on the P value. Showing the calculation is a must. If calculation is missing,so please provide a step by step on the answers Numerical answers in the yellow cellsarrow_forwardShow all workarrow_forward
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillHolt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGALBig Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin Harcourt


