![Essential Statistics](https://www.bartleby.com/isbn_cover_images/9781259570643/9781259570643_largeCoverImage.gif)
Concept explainers
a.
Find the
a.
![Check Mark](/static/check-mark.png)
Answer to Problem 63E
The mean of the data set is 4.8.
Explanation of Solution
Calculation:
If
Mean:
If
The mean value is calculated as,
Substitute the values in the above formula,
Hence, the mean of the data set is 4.8.
b.
Prepare one table like the Table 3.5 in the book with an additional column of
b.
![Check Mark](/static/check-mark.png)
Answer to Problem 63E
The table is given below:
x | |||
1 | –3.8 | 3.8 | |
3 | –1.8 | 1.8 | |
4 | –0.8 | 0.8 | |
7 | 2.2 | 2.2 | |
9 | 4.2 | 4.2 | |
Total | 0 | 40.8 | 12.8 |
Explanation of Solution
Calculation:
The Table 3.5 consists of
x | |||
1 | –3.8 | 3.8 | |
3 | –1.8 | 1.8 | |
4 | –0.8 | 0.8 | |
7 | 2.2 | 2.2 | |
9 | 4.2 | 4.2 | |
Total | 0 | 40.8 | 12.8 |
c.
Find SD and MAD from the table.
c.
![Check Mark](/static/check-mark.png)
Answer to Problem 63E
The SD and the MD are 3.1937 and 2.56 respectively.
Explanation of Solution
Calculation:
Standard deviation:
Let
The sample standard deviation can be expressed as,
The table from part (a), is,
x | |||
1 | –3.8 | 3.8 | |
3 | –1.8 | 1.8 | |
4 | –0.8 | 0.8 | |
7 | 2.2 | 2.2 | |
9 | 4.2 | 4.2 | |
Total | 0 | 40.8 | 12.8 |
Substitute the value in the above formula,
Substitute the values in the MD formula,
Hence, the SD and the MD are 3.1937 and 2.56 respectively.
d.
Find SD and MAD for the new data set.
d.
![Check Mark](/static/check-mark.png)
Answer to Problem 63E
The SD and the MD are 10.677 and 7 respectively.
Explanation of Solution
Calculation:
The data values are 1, 3, 4, 7, 9, and 30.
Substitute the values in the mean formula,
The table of
x | |||
1 | –8 | 64 | 8 |
3 | –6 | 36 | 6 |
4 | –5 | 25 | 5 |
7 | –2 | 4 | 2 |
9 | 0 | 0 | 0 |
30 | 21 | 441 | 21 |
Total | 0 | 570 | 42 |
Substitute the value in the above formula,
Substitute the values in the MD formula,
Hence, the SD and the MD are 10.677 and 7 respectively.
e.
Identify the resistant measure between standard deviation and mean deviation about mean.
e.
![Check Mark](/static/check-mark.png)
Answer to Problem 63E
The mean deviation about mean is more resistant than standard deviation.
Explanation of Solution
From part (c), the SD and the MD are 3.1937 and 2.56 respectively.
From part (d), the SD and the MD for new data are 10.677 and 7 respectively.
Hence, after adding the outlier value, the mean deviation about mean has changed less comparative to standard deviation.
Hence, it can be said that the mean deviation about mean is more resistant than standard deviation.
Want to see more full solutions like this?
Chapter 3 Solutions
Essential Statistics
- 7 (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_forward1 (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_forward
- Solve for X. Explain each step. 2^2x • 2^-4=8arrow_forwardOne 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_forward
- Suppose 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_forwardIf a baby's weight is at the median, what's her percentile?arrow_forwardAt the same restaurant as in Question 19 with the same normal distribution, what's the chance of it taking no more than 15 minutes to get service?arrow_forward
- Clint, obviously not in college, sleeps an average of 8 hours per night with a standard deviation of 15 minutes. What's the chance of him sleeping between 7.5 and 8.5 hours on any given night? 0-(7-0) 200 91109s and doiw $20 (8-0) mol 8520 slang $199 galbrog seam side pide & D (newid se od poyesvig as PELEO PER AFTE editiw noudab temand van Czarrow_forwardTimes to complete a statistics exam have a normal distribution with a mean of 40 minutes and standard deviation of 6 minutes. Deshawn's time comes in at the 90th percentile. What percentage of the students are still working on their exams when Deshawn leaves?arrow_forwardSuppose that the weights of cereal boxes have a normal distribution with a mean of 20 ounces and standard deviation of half an ounce. A box that has a standard score of o weighs how much? syed by ilog ni 21arrow_forward
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillBig Ideas Math A Bridge To Success Algebra 1: Stu...AlgebraISBN:9781680331141Author:HOUGHTON MIFFLIN HARCOURTPublisher:Houghton Mifflin HarcourtHolt Mcdougal Larson Pre-algebra: Student Edition...AlgebraISBN:9780547587776Author:HOLT MCDOUGALPublisher:HOLT MCDOUGAL
- College Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage LearningAlgebra: Structure And Method, Book 1AlgebraISBN:9780395977224Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. ColePublisher:McDougal Littell
![Text book image](https://www.bartleby.com/isbn_cover_images/9780079039897/9780079039897_smallCoverImage.jpg)
![Text book image](https://www.bartleby.com/isbn_cover_images/9781680331141/9781680331141_smallCoverImage.jpg)
![Text book image](https://www.bartleby.com/isbn_cover_images/9780547587776/9780547587776_smallCoverImage.jpg)
![Text book image](https://www.bartleby.com/isbn_cover_images/9781305652231/9781305652231_smallCoverImage.gif)
![Text book image](https://www.bartleby.com/isbn_cover_images/9780395977224/9780395977224_smallCoverImage.gif)