EP INTRODUCTORY STATISTICS-MYSTATLAB
3rd Edition
ISBN: 9780135190210
Author: Gould
Publisher: PEARSON CO
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Chapter 6, Problem 10SE
Two Children Using your list of outcomes in Problem 6.8:
a. Find the
b. Make a graph of the probability distribution.
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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, $3000 in Specialty Stock…
The days to maturity for a sample of five money market funds are shown here. The dollar amounts invested in the funds are provided.
Days to
Maturity
20
Dollar Value
($ 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
Chapter 6 Solutions
EP INTRODUCTORY STATISTICS-MYSTATLAB
Ch. 6 - Directions Determine whether each of the following...Ch. 6 - 6.1-6.4 Directions Determine whether each of the...Ch. 6 - 6.1-6.4 Directions Determine whether each of the...Ch. 6 - 6.1-6.4 Directions Determine whether each of the...Ch. 6 - Loaded Die (Example 2) A magician has shaved an...Ch. 6 - Prob. 6SECh. 6 - Distribution of Two Thumbtacks When a certain type...Ch. 6 - Two Children Make a list of all possible outcomes...Ch. 6 - Two Thumbtacks a. From your answers in Exercise...Ch. 6 - Two Children Using your list of outcomes in...
Ch. 6 - Snow Depth (Example 3) Eric wants to go skiing...Ch. 6 - Snow Depth Refer to Exercise 6.11. What is the...Ch. 6 - Applying the Empirical Rule with z-Scores The...Ch. 6 - Length of Pregnancy Assume that the lengths of...Ch. 6 - SAT Scores Quantitative SAT scores are...Ch. 6 - Women’s Heights Assume that college women’s...Ch. 6 - Women’s Heights (Example 4) Assume college women’s...Ch. 6 - SAT Scores Quantitative SAT scores are...Ch. 6 - Standard Normal Use the table or technology to...Ch. 6 - Standard Normal Use the table or technology to...Ch. 6 - Standard Normal Use technology or a Normal table...Ch. 6 - Standard Normal Use technology or a Normal table...Ch. 6 - Extreme Positive z -Scores For each question, find...Ch. 6 - Extreme Negative z-Scores For each question, find...Ch. 6 - St. Bernard Dogs (Example 5) According to dogtime...Ch. 6 - Whales Whales have one of the longest gestation...Ch. 6 - Boys’ Foot Length (Example 6) According to the...Ch. 6 - Women’s Foot Length According to the Digital Human...Ch. 6 - Boys’ Foot Length Suppose a shoe store stocks...Ch. 6 - Women’s Foot Length Suppose a shoe store stocks...Ch. 6 - Birth Weights (Example 7) According to the British...Ch. 6 - Birth Lengths According to National Vital...Ch. 6 - White Blood Cells The distribution of white blood...Ch. 6 - Red Blood Cells The distribution of red blood cell...Ch. 6 - SAT Scores in Illinois According to the 2017 SAT...Ch. 6 - SAT Scores in Florida According to the 2017 SAT...Ch. 6 - Arm Span (Men) According to Anthropometric Survey...Ch. 6 - Arm Span (Women) According to Anthropometric...Ch. 6 - New York City Weather New York City’s mean minimum...Ch. 6 - Chicago Weather The average winter daily...Ch. 6 - Probability or Measurement (Inverse)? (Example 8)...Ch. 6 - Probability or Measurement (Inverse)? The Normal...Ch. 6 - Inverse Normal, Standard In a standard Normal...Ch. 6 - Inverse Normal, Standard In a standard Normal...Ch. 6 - Inverse Normal, Standard Assume a standard Normal...Ch. 6 - Inverse Normal, Standard Assume a standard Normal...Ch. 6 - Prob. 47SECh. 6 - Weights of Newborn Hippos The weight of newborn...Ch. 6 - Medical School MCAT Scores on the 2017 MCAT, an...Ch. 6 - Medical School GPA The distribution of grade point...Ch. 6 - Women’s Heights Suppose college women’s heights...Ch. 6 - Men’s Heights Suppose college men’s heights are...Ch. 6 - Inverse SATs Critical reading SAT scores are...Ch. 6 - Inverse Women’s Heights College women have heights...Ch. 6 - Girls’ and Women’s Heights According to the...Ch. 6 - Boys’ and Men’s Heights According to the National...Ch. 6 - Cats’ Birth Weights The average birth weight of...Ch. 6 - Elephants’ Birth Weights The average birth weight...Ch. 6 - Gender of Children (Example 10) A married couple...Ch. 6 - Coin Flip A coin will be flipped four times, and...Ch. 6 - Rolling a Die (Example 11) A die is rolled 5...Ch. 6 - Twins In Exercise 6.59 you are told to assume that...Ch. 6 - Free Throws Professional basketball player...Ch. 6 - On-Time Arrivals Alaska Airlines has an on-time...Ch. 6 - Identifying n,p, and x (Example 12) For each...Ch. 6 - Identifying n,p, and x For each situation,...Ch. 6 - Dog Owners (Example 13) According to the American...Ch. 6 - Cat Owners According to the American Veterinary...Ch. 6 - Passports According to data from the U.S. State...Ch. 6 - Travel According to a survey conducted by OnePoll,...Ch. 6 - Wisconsin Graduation Wisconsin has the highest...Ch. 6 - Colorado Graduation Colorado has a high school...Ch. 6 - Cell Phones According to the Centers of Disease...Ch. 6 - Landlines According to the Centers of Disease...Ch. 6 - Drones (Example 14) The use of drones, aircraft...Ch. 6 - Drones A 2017 Pew Research Center report on drones...Ch. 6 - Texting While Walking According to a report by the...Ch. 6 - Texting While Driving According to a study by the...Ch. 6 - Prob. 79SECh. 6 - Free Throws Professional basketball LeBron James...Ch. 6 - Prob. 81SECh. 6 - Prob. 82SECh. 6 - Discrete or Continuous? Determine whether each of...Ch. 6 - Probability Distribution In a game of chance,...Ch. 6 - Birth Length A study of U.S. births published on...Ch. 6 - Birth Length A study of U.S. births published on...Ch. 6 - Males’ Body Temperatures A study of human body...Ch. 6 - Females’ Body Temperatures A study of human body...Ch. 6 - Prob. 89CRECh. 6 - Medical Licensing See problem 6.89 for information...Ch. 6 - Systolic Blood Pressures Systolic blood pressures...Ch. 6 - Prob. 92CRECh. 6 - Stress According to a 2017 Gallup poll, 44#37; of...Ch. 6 - Stress According to a 2017 Gallup poll, 17 of...Ch. 6 - Voice-Controlled Assistants Voice-controlled video...Ch. 6 - Prob. 96CRECh. 6 - Prob. 97CRECh. 6 - Prob. 98CRECh. 6 - Prob. 99CRECh. 6 - Quantitative SAT Scores, Normal and Binomial The...Ch. 6 - Prob. 101CRECh. 6 - Birth Length and z-Scores, Inverse Babies in the...
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