Essentials of Statistics, Books a la Carte Edition (5th Edition)
5th Edition
ISBN: 9780321926739
Author: Mario F. Triola
Publisher: PEARSON
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Chapter 6.2, Problem 17BSC
Standard Normal Distribution. In Exercises 17–36, assume that a randomly selected subject is given a bone density test. Those test scores are
17. Less than −2.04
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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
c. What are the first and third quartiles?
First Quartiles (to 1 decimals)
Third Quartiles (to 4 decimals)
× ☑
Which companies spend the most money on advertising? Business Insider maintains a list of the top-spending companies. In 2014, Procter & Gamble spent more than any other company, a whopping $5 billion. In second place was Comcast, which spent $3.08 billion (Business Insider website, December 2014). The top 12 companies and
the amount each spent on advertising in billions of dollars are as follows.
Click on the datafile logo to reference the data.
DATA file
Company
Procter & Gamble
Comcast
Advertising
($billions)
$5.00
3.08
2.91
Company
American Express
General Motors
Advertising
($billions)
$2.19
2.15
ETET
AT&T
Ford
Verizon
L'Oreal
2.56
2.44
2.34
Toyota
Fiat Chrysler
Walt Disney Company
J.P Morgan
a. What is the mean amount spent on advertising? (to 2 decimals)
2.55
b. What is the median amount spent on advertising? (to 3 decimals)
2.09
1.97
1.96
1.88
Chapter 6 Solutions
Essentials of Statistics, Books a la Carte Edition (5th Edition)
Ch. 6.2 - Normal Distribution When we refer to a normal...Ch. 6.2 - Normal Distribution A normal distribution is...Ch. 6.2 - Standard Normal Distribution Identify the...Ch. 6.2 - Notation What does the notation Z indicate?Ch. 6.2 - Continuous Uniform Distribution. In Exercises 58,...Ch. 6.2 - Continuous Uniform Distribution. In Exercises 58,...Ch. 6.2 - Continuous Uniform Distribution. In Exercises 58,...Ch. 6.2 - Continuous Uniform Distribution. In Exercises 58,...Ch. 6.2 - Prob. 9BSCCh. 6.2 - Standard Normal Distribution. In Exercises 912,...
Ch. 6.2 - Prob. 11BSCCh. 6.2 - Prob. 12BSCCh. 6.2 - Prob. 13BSCCh. 6.2 - Prob. 14BSCCh. 6.2 - Prob. 15BSCCh. 6.2 - Prob. 16BSCCh. 6.2 - Standard Normal Distribution. In Exercises 1736,...Ch. 6.2 - Standard Normal Distribution. In Exercises 1736,...Ch. 6.2 - Standard Normal Distribution. In Exercises 1736,...Ch. 6.2 - Standard Normal Distribution. In Exercises 1736,...Ch. 6.2 - Standard Normal Distribution. In Exercises 1736,...Ch. 6.2 - Standard Normal Distribution. In Exercises 1736,...Ch. 6.2 - Standard Normal Distribution. In Exercises 1736,...Ch. 6.2 - Standard Normal Distribution. In Exercises 1736,...Ch. 6.2 - Standard Normal Distribution. In Exercises 1736,...Ch. 6.2 - Prob. 26BSCCh. 6.2 - Standard Normal Distribution. In Exercises 1736,...Ch. 6.2 - Prob. 28BSCCh. 6.2 - Standard Normal Distribution. In Exercises 1736,...Ch. 6.2 - Standard Normal Distribution. In Exercises 1736,...Ch. 6.2 - Standard Normal Distribution. In Exercises 1736,...Ch. 6.2 - Standard Normal Distribution. In Exercises 1736,...Ch. 6.2 - Standard Normal Distribution. In Exercises 17-36,...Ch. 6.2 - Standard Normal Distribution. In Exercises 17-36,...Ch. 6.2 - Prob. 35BSCCh. 6.2 - Prob. 36BSCCh. 6.2 - Finding Bone Density Scores. In Exercises 37-40...Ch. 6.2 - Finding Bone Density Scores. In Exercises 37-40...Ch. 6.2 - Prob. 39BSCCh. 6.2 - Finding Bone Density Scores. In Exercises 37-40...Ch. 6.2 - Finding Critical Values. In Exercises 41-44, find...Ch. 6.2 - Prob. 42BSCCh. 6.2 - Prob. 43BSCCh. 6.2 - Prob. 44BSCCh. 6.2 - Prob. 45BSCCh. 6.2 - Prob. 46BSCCh. 6.2 - Prob. 47BSCCh. 6.2 - Prob. 48BSCCh. 6.2 - Prob. 49BBCh. 6.2 - Distributions In a continuous uniform...Ch. 6.3 - Pulse Rates Pulse rates of women are normally...Ch. 6.3 - IQ Scores The Wechsler Adult Intelligence Scale is...Ch. 6.3 - Prob. 3BSCCh. 6.3 - Random Digits Computers are commonly used to...Ch. 6.3 - IQ Scores. In Exercises 5-8, find the area of the...Ch. 6.3 - Prob. 6BSCCh. 6.3 - Prob. 7BSCCh. 6.3 - Prob. 8BSCCh. 6.3 - Prob. 9BSCCh. 6.3 - Prob. 10BSCCh. 6.3 - Prob. 11BSCCh. 6.3 - Prob. 12BSCCh. 6.3 - IQ Scores. In Exercises 13-20, assume that adults...Ch. 6.3 - IQ Scores. In Exercises 13-20, assume that adults...Ch. 6.3 - IQ Scores. In Exercises 13-20, assume that adults...Ch. 6.3 - IQ Scores. In Exercises 13-20, assume that adults...Ch. 6.3 - IQ Scores. In Exercises 13-20, assume that adults...Ch. 6.3 - IQ Scores. In Exercises 13-20, assume that adults...Ch. 6.3 - IQ Scores. In Exercises 13-20, assume that adults...Ch. 6.3 - IQ Scores. In Exercises 13-20, assume that adults...Ch. 6.3 - In Exercises 21-24, use these parameters (based on...Ch. 6.3 - In Exercises 21-24, use these parameters (based on...Ch. 6.3 - Prob. 23BSCCh. 6.3 - In Exercises 21-24, use these parameters (based on...Ch. 6.3 - Water Taxi Safety When a water taxi sank in...Ch. 6.3 - Prob. 26BSCCh. 6.3 - Prob. 27BSCCh. 6.3 - Prob. 28BSCCh. 6.3 - Prob. 29BSCCh. 6.3 - Aircraft Seat Width Engineers want to design seats...Ch. 6.3 - Chocolate Chip Cookies The Chapter Problem for...Ch. 6.3 - Quarters After 1964, quarters were manufactured so...Ch. 6.3 - Large Data Sets. In Exercises 33 and 34, refer to...Ch. 6.3 - Prob. 34BSCCh. 6.3 - Curving Test Scores A statistics professor gives a...Ch. 6.3 - Using Continuity Correction There are many...Ch. 6.3 - Prob. 37BBCh. 6.3 - SAT and ACT Tests Based on recent results, scores...Ch. 6.4 - Minting Quarters In a recent year, the U.S. Mint...Ch. 6.4 - Sampling with Replacement In a recent year, the...Ch. 6.4 - Unbiased Estimators Data Set 1 in Appendix B...Ch. 6.4 - Prob. 4BSCCh. 6.4 - Prob. 5BSCCh. 6.4 - Prob. 6BSCCh. 6.4 - Prob. 7BSCCh. 6.4 - In Exercises 710, use the same population of {4,...Ch. 6.4 - In Exercises 710, use the same population of {4,...Ch. 6.4 - Prob. 10BSCCh. 6.4 - In Exercises 1114, use the population of ages {56,...Ch. 6.4 - In Exercises 1114, use the population of ages {56,...Ch. 6.4 - In Exercises 1114, use the population of ages {56,...Ch. 6.4 - Prob. 14BSCCh. 6.4 - Births: Sampling Distribution of Sample Proportion...Ch. 6.4 - Births: Sampling Distribution of Sample Proportion...Ch. 6.4 - SAT and ACT Tests Because they enable efficient...Ch. 6.4 - Quality Control After constructing a new...Ch. 6.4 - Prob. 19BBCh. 6.4 - Prob. 20BBCh. 6.5 - Standard Error of the Mean The population of...Ch. 6.5 - Small Sample Heights of adult females are normally...Ch. 6.5 - Notation The population of distances that adult...Ch. 6.5 - Prob. 4BSCCh. 6.5 - Using the Central Limit Theorem. In Exercises 510,...Ch. 6.5 - Using the Central Limit Theorem. In Exercises 510,...Ch. 6.5 - Using the Central Limit Theorem. In Exercises 510,...Ch. 6.5 - Using the Central Limit Theorem. In Exercises 510,...Ch. 6.5 - Using the Central Limit Theorem. In Exercises 510,...Ch. 6.5 - Using the Central Limit Theorem. In Exercises 510,...Ch. 6.5 - Prob. 11BSCCh. 6.5 - Prob. 12BSCCh. 6.5 - Designing Hats Women have head circumferences that...Ch. 6.5 - Designing Manholes According to the website...Ch. 6.5 - Prob. 15BSCCh. 6.5 - Loading MM Packages MM plain candies have a mean...Ch. 6.5 - Prob. 17BSCCh. 6.5 - Pulse Rates of Women Women have pulse rates that...Ch. 6.5 - Redesign of Ejection Seats When women were allowed...Ch. 6.5 - Loading a Tour Boat The Ethan Allen tour boat...Ch. 6.5 - Doorway Height The Boeing 757-200 ER airliner...Ch. 6.5 - Loading Aircraft Before every flight, the pilot...Ch. 6.5 - Prob. 23BBCh. 6.5 - Population Parameters Use the same population of...Ch. 6.6 - Normal Quantile Plot Data Set 1 in Appendix B...Ch. 6.6 - Prob. 2BSCCh. 6.6 - Prob. 3BSCCh. 6.6 - Prob. 4BSCCh. 6.6 - Prob. 5BSCCh. 6.6 - Interpreting Normal Quantile Plots. In Exercises...Ch. 6.6 - Prob. 7BSCCh. 6.6 - Interpreting Normal Quantile Plots. In Exercises...Ch. 6.6 - Prob. 9BSCCh. 6.6 - Determining Normality. In Exercises 912, refer to...Ch. 6.6 - Determining Normality. In Exercises 912, refer to...Ch. 6.6 - Prob. 12BSCCh. 6.6 - Prob. 13BSCCh. 6.6 - Prob. 14BSCCh. 6.6 - Using Technology to Generate Normal Quantile...Ch. 6.6 - Prob. 16BSCCh. 6.6 - Prob. 17BSCCh. 6.6 - Constructing Normal Quantile Plots. In Exercises...Ch. 6.6 - Prob. 19BSCCh. 6.6 - Prob. 20BSCCh. 6.6 - Transformations The heights (in inches) of men...Ch. 6.6 - Earthquake Magnitudes Richter scale earthquake...Ch. 6.6 - Prob. 23BBCh. 6.7 - Exact Value and Approximation Refer to Figure 6-21...Ch. 6.7 - Continuity Correction In a preliminary test of the...Ch. 6.7 - Prob. 3BSCCh. 6.7 - Prob. 4BSCCh. 6.7 - Prob. 5BSCCh. 6.7 - Prob. 6BSCCh. 6.7 - Prob. 7BSCCh. 6.7 - Prob. 8BSCCh. 6.7 - Prob. 9BSCCh. 6.7 - Prob. 10BSCCh. 6.7 - Voters. In Exercises 912, use a normal...Ch. 6.7 - Prob. 12BSCCh. 6.7 - Prob. 13BSCCh. 6.7 - Prob. 14BSCCh. 6.7 - Mendelian Genetics When Mendel conducted his...Ch. 6.7 - Prob. 16BSCCh. 6.7 - XSORT Gender Selection MicroSorts XSORT...Ch. 6.7 - Prob. 18BSCCh. 6.7 - Prob. 19BSCCh. 6.7 - Cell Phones and Brain Cancer In a study of 420,095...Ch. 6.7 - Prob. 21BSCCh. 6.7 - Prob. 22BSCCh. 6.7 - Prob. 23BSCCh. 6.7 - Prob. 24BSCCh. 6.7 - Decision Theory Marc Taylor plans to place 200...Ch. 6.7 - Prob. 26BBCh. 6 - Identify the values of and for the standard...Ch. 6 - Bone Density Test. In Exercises 1-4, assume that...Ch. 6 - Prob. 3CQQCh. 6 - Prob. 4CQQCh. 6 - Prob. 5CQQCh. 6 - Prob. 6CQQCh. 6 - In Exercises 6-10, assume that red blood cell...Ch. 6 - Prob. 8CQQCh. 6 - Prob. 9CQQCh. 6 - Prob. 10CQQCh. 6 - Prob. 1RECh. 6 - Prob. 2RECh. 6 - Window Placement Standing eye heights of men are...Ch. 6 - Sampling Distributions Scores on the ACT test have...Ch. 6 - Prob. 5RECh. 6 - Monorail and Airliner Doors The Mark VI monorail...Ch. 6 - Aircraft Safety Standards Under older Federal...Ch. 6 - Assessing Normality Listed below are the current...Ch. 6 - Prob. 9RECh. 6 - Prob. 10RECh. 6 - Miami Heat The following are current annual...Ch. 6 - Prob. 2CRECh. 6 - Birth Weights Birth weights in the United States...Ch. 6 - POTUS The accompanying graph is a histogram of...Ch. 6 - Left-Handedness According to data from the...Ch. 6 - Binomial Probabilities Section 6-7 described a...Ch. 6 - Prob. 1FDDCh. 6 - Prob. 2FDDCh. 6 - Prob. 3FDDCh. 6 - Critical Thinking: Designing aircraft seats When...Ch. 6 - Critical Thinking: Designing aircraft seats When...Ch. 6 - Critical Thinking: Designing aircraft seats When...
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