Fundamentals of Statistics (5th Edition)
5th Edition
ISBN: 9780134508306
Author: Michael Sullivan III
Publisher: PEARSON
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Question
Chapter 3.2, Problem 40AYU
To determine
To compute: The sample standard deviation for the identical data and to interpret about the data set in which all the values are identical.
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A recent survey of 400 americans asked whether or not parents do too much for their young adult children. The results of the survey are shown in the data file. a) Construct the frequency and relative frequency distributions. How many respondents felt that parents do too much for their adult children? What proportion of respondents felt that parents do too little for their adult children? b) Construct a pie chart. Summarize the findings
The average number of minutes Americans commute to work is 27.7 minutes (Sterling's Best Places, April 13, 2012). The average commute time in minutes for 48 cities are as follows:
Click on the datafile logo to reference the data.
DATA file
Albuquerque
23.3
Jacksonville
26.2
Phoenix
28.3
Atlanta
28.3
Kansas City
23.4
Pittsburgh
25.0
Austin
24.6
Las Vegas
28.4
Portland
26.4
Baltimore
32.1
Little Rock
20.1
Providence
23.6
Boston
31.7
Los Angeles
32.2
Richmond
23.4
Charlotte
25.8
Louisville
21.4
Sacramento
25.8
Chicago
38.1
Memphis
23.8
Salt Lake City
20.2
Cincinnati
24.9
Miami
30.7
San Antonio
26.1
Cleveland
26.8
Milwaukee
24.8
San Diego
24.8
Columbus
23.4
Minneapolis
23.6
San Francisco
32.6
Dallas
28.5
Nashville
25.3
San Jose
28.5
Denver
28.1
New Orleans
31.7
Seattle
27.3
Detroit
29.3
New York
43.8
St. Louis
26.8
El Paso
24.4
Oklahoma City
22.0
Tucson
24.0
Fresno
23.0
Orlando
27.1
Tulsa
20.1
Indianapolis
24.8
Philadelphia
34.2
Washington, D.C.
32.8
a. What is the mean commute time for…
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…
Chapter 3 Solutions
Fundamentals of Statistics (5th Edition)
Ch. 3.1 - What does it mean if a statistic is resistant?Ch. 3.1 - In the 2014 Current Population Survey conducted by...Ch. 3.1 - The U.S. Department of Housing and Urban...Ch. 3.1 - A histogram of a set of data indicates that the...Ch. 3.1 - If a data set contains 10,000 values arranged in...Ch. 3.1 - True or False: A data set will always have exactly...Ch. 3.1 - In Problems 710, find the population mean or...Ch. 3.1 - In Problems 710, find the population mean or...Ch. 3.1 - In Problems 710, find the population mean or...Ch. 3.1 - In Problems 710, find the population mean or...
Ch. 3.1 - For Super Bowl XLVII, there were 82,566 tickets...Ch. 3.1 - The median for the given set of six ordered data...Ch. 3.1 - Miles per Gallon The following data represent the...Ch. 3.1 - Exam Time The following data represent the amount...Ch. 3.1 - NW Concrete Mix A certain type of concrete mix is...Ch. 3.1 - Flight Time The following data represent the...Ch. 3.1 - For each of the three histograms shown, determine...Ch. 3.1 - Match the histograms shown to the summary...Ch. 3.1 - Exam Scores The data in the next column represent...Ch. 3.1 - pH in Water The acidity or alkalinity of a...Ch. 3.1 - NW Pulse Rates The following data represent the...Ch. 3.1 - Travel Time The data represent the travel time (in...Ch. 3.1 - NW Connection Time A histogram of the connection...Ch. 3.1 - Journal Costs A histogram of the annual...Ch. 3.1 - MMs The following data represent the weights (in...Ch. 3.1 - Old Faithful We have all heard of the Old Faithful...Ch. 3.1 - Hours Working A random sample of 25 college...Ch. 3.1 - Prob. 28AYUCh. 3.1 - NW Political Views A sample of 30 registered...Ch. 3.1 - Prob. 30AYUCh. 3.1 - Prob. 31AYUCh. 3.1 - Mr. Zuro finds the mean height of all 14 students...Ch. 3.1 - Missing Exam Grade A professor has recorded exam...Ch. 3.1 - Prob. 34AYUCh. 3.1 - Blood Alcohol Concentration Go to...Ch. 3.1 - Prob. 36AYUCh. 3.1 - Linear Transformations Benjamin owns a small...Ch. 3.1 - Linear Transformations Use the five test scores of...Ch. 3.1 - Trimmed Mean Another measure of central tendency...Ch. 3.1 - Prob. 40AYUCh. 3.1 - Putting It Together: Shape, Mean and Median As...Ch. 3.1 - FICO Scores The Fair Isaacs Corporation has...Ch. 3.1 - Why is the median resistant, but the mean is not?Ch. 3.1 - Prob. 44AYUCh. 3.1 - Net Worth According to a Credit Suisse Survey, the...Ch. 3.1 - Prob. 46AYUCh. 3.1 - In January 2016, the mean amount of money lost per...Ch. 3.1 - For each of the following situations, determine...Ch. 3.2 - The sum of the deviations about the mean always...Ch. 3.2 - The standard deviation is used in conjunction with...Ch. 3.2 - True or False: When comparing two populations, the...Ch. 3.2 - True or False: Chebyshevs Inequality applies to...Ch. 3.2 - In Problems 510, by hand, find the population...Ch. 3.2 - In Problems 510, by hand, find the population...Ch. 3.2 - In Problems 510, by hand, find the population...Ch. 3.2 - In Problems 510, by hand, find the population...Ch. 3.2 - In Problems 510, by hand, find the population...Ch. 3.2 - In Problems 510, by hand, find the population...Ch. 3.2 - Miles per Gallon The following data represent the...Ch. 3.2 - Exam Time The following data represent the amount...Ch. 3.2 - NW Concrete Mix A certain type of concrete mix is...Ch. 3.2 - Flight Time The following data represent the...Ch. 3.2 - Which histogram depicts a higher standard...Ch. 3.2 - Match the histograms in the next column to the...Ch. 3.2 - Exam Scores The following data represent exam...Ch. 3.2 - pH in Water The acidity or alkalinity of a...Ch. 3.2 - NW Pulse Rates The data on the following page...Ch. 3.2 - Travel Time The following data represent the...Ch. 3.2 - A Fish Story Ethan and Drew went on a 10-day...Ch. 3.2 - Prob. 22AYUCh. 3.2 - The Empirical Rule The following data represent...Ch. 3.2 - The Empirical Rule The following data represent...Ch. 3.2 - Prob. 25AYUCh. 3.2 - Prob. 26AYUCh. 3.2 - Prob. 27AYUCh. 3.2 - Temperatures It is well known that San Diego has...Ch. 3.2 - NW The Empirical Rule The StanfordBinet...Ch. 3.2 - The Empirical Rule SAT Math scores have a...Ch. 3.2 - The Empirical Rule The weight, in grams, of the...Ch. 3.2 - The Empirical Rule The distribution of the length...Ch. 3.2 - Which Professor Suppose Professor Alpha and...Ch. 3.2 - Larry Summers Lawrence Summers (former Secretary...Ch. 3.2 - NW Chebyshevs Inequality In December 2014, the...Ch. 3.2 - Chebyshevs Inequality According to the U.S. Census...Ch. 3.2 - Prob. 37AYUCh. 3.2 - Linear Transformations Benjamin owns a small...Ch. 3.2 - Prob. 39AYUCh. 3.2 - Prob. 40AYUCh. 3.2 - Prob. 41AYUCh. 3.2 - Blocking and Variability Blocking refers to the...Ch. 3.2 - Prob. 43AYUCh. 3.2 - Prob. 44AYUCh. 3.2 - Prob. 45AYUCh. 3.2 - More Spread? The data set on the left represents...Ch. 3.2 - Prob. 47AYUCh. 3.2 - Prob. 48AYUCh. 3.2 - Prob. 49AYUCh. 3.2 - What is meant by the phrase degrees of freedom as...Ch. 3.2 - Prob. 51AYUCh. 3.2 - Prob. 52AYUCh. 3.2 - What makes the range less desirable than the...Ch. 3.2 - Prob. 54AYUCh. 3.2 - Prob. 55AYUCh. 3.2 - Prob. 56AYUCh. 3.2 - Prob. 57AYUCh. 3.2 - Prob. 59AYUCh. 3.3 - NW Savings Recently, a random sample of 2534 year...Ch. 3.3 - Square Footage of Housing The frequency...Ch. 3.3 - Household Winter Temperature Often, frequency...Ch. 3.3 - Living in Poverty (See Problem 3.) The following...Ch. 3.3 - Multiple Births The following data represent the...Ch. 3.3 - Birth Weight The following frequency distribution...Ch. 3.3 - Cigarette Tax Rates Use the frequency distribution...Ch. 3.3 - Dividend Yield Use the frequency distribution...Ch. 3.3 - NW Grade-Point Average Marissa has just completed...Ch. 3.3 - Computing Class Average In Marissas calculus...Ch. 3.3 - Mixed Chocolates Michael and Kevin want to buy...Ch. 3.3 - Nut Mix Michael and Kevin return to the candy...Ch. 3.3 - Population The data represent the male and female...Ch. 3.3 - Age of Mother The following data represent the age...Ch. 3.3 - Approximate the median of the frequency...Ch. 3.3 - Prob. 16AYUCh. 3.3 - Prob. 17AYUCh. 3.3 - Determine the modal class of the frequency...Ch. 3.4 - The _____ represents the number of standard...Ch. 3.4 - The _____ _____ of a data set is a value such that...Ch. 3.4 - _____ divide data sets into fourths.Ch. 3.4 - Prob. 4AYUCh. 3.4 - Prob. 5AYUCh. 3.4 - Prob. 6AYUCh. 3.4 - Men versus Women The average 20- to 29-year-old...Ch. 3.4 - Prob. 8AYUCh. 3.4 - ERA Champions In 2014, Clayton Kershaw of the Los...Ch. 3.4 - Batting Champions The highest batting average ever...Ch. 3.4 - Prob. 11AYUCh. 3.4 - Triathlon Roberto finishes a triathlon (750-meter...Ch. 3.4 - School Admissions A highly selective boarding...Ch. 3.4 - Quality Control A manufacturer of bolts has a...Ch. 3.4 - Prob. 15AYUCh. 3.4 - You Explain It! Percentiles Explain the meaning of...Ch. 3.4 - You Explain It! Quartiles Violent crimes include...Ch. 3.4 - You Explain It! Quartiles One variable that is...Ch. 3.4 - Ogives and Percentiles The following graph is an...Ch. 3.4 - Ogives and Percentiles The following graph is an...Ch. 3.4 - NW SMART Car The data on the following page...Ch. 3.4 - Hemoglobin in Cats The following data represent...Ch. 3.4 - Rate of Return of Google The following data...Ch. 3.4 - CO2 Emissions The following data represent the...Ch. 3.4 - Fraud Detection As part of its Customers First...Ch. 3.4 - Stolen Credit Card A credit card company has a...Ch. 3.4 - Student Survey of Income A survey of 50 randomly...Ch. 3.4 - Student Survey of Entertainment Spending A survey...Ch. 3.4 - Prob. 29AYUCh. 3.4 - Travel Time Use the results of Problem 22 in...Ch. 3.4 - Fraud Detection Revisited Use the fraud-detection...Ch. 3.4 - Write a paragraph that explains the meaning of...Ch. 3.4 - Suppose you received the highest score on an exam....Ch. 3.4 - Prob. 34AYUCh. 3.4 - Prob. 35AYUCh. 3.4 - Prob. 36AYUCh. 3.4 - Prob. 37AYUCh. 3.4 - Prob. 38AYUCh. 3.4 - Prob. 39AYUCh. 3.5 - What does the five-number summary consist of?Ch. 3.5 - In a boxplot, if the median is to the left of the...Ch. 3.5 - Prob. 3AYUCh. 3.5 - In Problems 3 and 4, (a) identify the shape of the...Ch. 3.5 - Use the side-by-side boxplots shown to answer the...Ch. 3.5 - Use the side-by-side boxplots shown to answer the...Ch. 3.5 - Exam Scores After giving a statistics exam,...Ch. 3.5 - Prob. 8AYUCh. 3.5 - Prob. 9AYUCh. 3.5 - Carpoolers The following data represent the...Ch. 3.5 - NW Age of Mother at Birth The data below represent...Ch. 3.5 - Prob. 12AYUCh. 3.5 - Prob. 13AYUCh. 3.5 - Prob. 14AYUCh. 3.5 - Prob. 15AYUCh. 3.5 - Prob. 16AYUCh. 3.5 - Putting It Together: Earthquakes Go to...Ch. 3.5 - Putting It Together: Paternal Smoking It is...Ch. 3.5 - Retain Your Knowledge: Decision Making and Hunger...Ch. 3.5 - Prob. 20AYUCh. 3.5 - Prob. 21AYUCh. 3 - Muzzle Velocity The following data represent the...Ch. 3 - Price of Chevy Cobalts The following data...Ch. 3 - Chief Justices The following data represent the...Ch. 3 - Number of Tickets Issued As part of a statistics...Ch. 3 - Chebyshevs Inequality and the Empirical Rule...Ch. 3 - Prob. 6RECh. 3 - Weighted Mean Michael has just completed his first...Ch. 3 - Weights of Males versus Females According to the...Ch. 3 - Halladay No-No On October 6, 2010, Roy Halladay of...Ch. 3 - Presidential Inaugural Addresses Ever wonder how...Ch. 3 - You Explain It! Percentiles According to the...Ch. 3 - Skinfold Thickness Procedure One method of...Ch. 3 - The following data represent the amount of time...Ch. 3 - The Federal Bureau of Investigation classifies...Ch. 3 - Determine the range of the homework data from...Ch. 3 - a. Determine the standard deviation of the...Ch. 3 - In a random sample of 250 toner cartridges, the...Ch. 3 - The following data represent the length of time...Ch. 3 - Prob. 7CTCh. 3 - An engineer is studying bearing failures for two...Ch. 3 - The following data represent the weights (in...Ch. 3 - Armando is filling out a college application that...Ch. 3 - According to the National Center for Health...Ch. 3 - Prob. 12CTCh. 3 - Answer the following based on the histograms shown...Ch. 3 - Explain how the standard deviation measures...Ch. 3 - Generate a data set consisting of the length of...Ch. 3 - Prob. 2CSCh. 3 - Prob. 3CS
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