STATISTICAL TECH IN BUSN CONNECT <LCPO>
STATISTICAL TECH IN BUSN CONNECT <LCPO>
18th Edition
ISBN: 9781266505942
Author: Lind
Publisher: MCG
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Chapter 8, Problem 46DA
To determine

Find the population mean and the standard deviation of price.

Choose a sample of 10 homes.

Find the mean of the sample of 10 homes.

Find the likelihood of a sample mean price this high or higher.

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Example 4 (Part 1) One of the datasets in the Lock book contains information about 215 countries of the world. One of the variables is the percentage of people in the country who have access to the internet. We have data for 203 of those countries. The plot on the right shows a dotplot of the data. 1. What are the cases? Population n = 203, mean = 43.024 median = 43.5, stdev = 29.259 20 2. What does each dot on the dotplot represent? 15 10 5 20 40 43.024 60 80 3. What type of data is do we collect from the cases, quantitative or categorical?
Let x be a random variable that represents the percentage of successful free throws a professional basketball player makes in a season. Let y be a random variable that represents the percentage of successful field goals a professional basketball player makes in a season. A random sample of n =6 professional basketball players gave the following information.  x 63 79 70 80 84 87 y 46 49 45 55 57 58 ​ Find Se. Round your answer to three decimal places.
1.  Define probability:   2.  Define statistics:
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