Essentials Of Statistics
Essentials Of Statistics
4th Edition
ISBN: 9781305093836
Author: HEALEY, Joseph F.
Publisher: Cengage Learning,
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Chapter 4, Problem 4.17P

Compute the standard deviation for both sets of data presented in problem 3.13 and reproduced here. Compare the standard deviation computed for freshmen with the standard deviation computed for seniors. What happened? Why? Does this change relate to what happened to the mean over the four-year period? How? What happened to the shapes of the underlying distribution?

Freshmen
10 43 30 30 45
40 12 40 42 35
45 25 10 33 50
42 32 38 11 47
22 26 37 38 10
Seniors
10 45 35 27 50
35 10 50 40 30
40 10 10 37 10
40 15 30 20 43
23 25 30 40 10

3.13 S O C A sample of 25 freshmen at a major university completed a survey that measured their degree of racial prejudice (the higher the score, the greater the prejudice).

a. Compute the median and mean scores for these data.

10 43 30 30 45
40 12 40 42 35
45 25 10 33 50
42 32 38 11 47
22 26 37 38 10

b. These same 25 students completed the same survey during the senior year. Compute the median and mean for this second set of scores, and compare them to the earlier set. What happened?

10 45 35 27 50
35 10 50 40 30
40 10 10 37 10
40 15 30 20 43
23 25 30 40 10
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A 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 cells

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