EBK INTRODUCTION TO THE PRACTICE OF STA
8th Edition
ISBN: 9781319116828
Author: Moore
Publisher: VST
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Chapter 9.2, Problem 18UYK
To determine
To test: The goodness of fit of the data.
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Question 2: When John started his first job, his first end-of-year salary was $82,500. In the following years, he received salary raises as shown in the following table.
Fill the Table: Fill the following table showing his end-of-year salary for each year. I have already provided the end-of-year salaries for the first three years. Calculate the end-of-year salaries for the remaining years using Excel. (If you Excel answer for the top 3 cells is not the same as the one in the following table, your formula / approach is incorrect) (2 points)
Geometric Mean of Salary Raises: Calculate the geometric mean of the salary raises using the percentage figures provided in the second column named “% Raise”. (The geometric mean for this calculation should be nearly identical to the arithmetic mean. If your answer deviates significantly from the mean, it's likely incorrect. 2 points)
Hint for the first part of question 2: To assist you with filling out the table in the first part of the question,…
Consider a sample with data values of 27, 25, 20, 15, 30, 34, 28, and 25. Compute the range, interquartile range, variance, and standard deviation (to a maximum of 2 decimals, if decimals are necessary).
Range
Interquartile range
Variance
Standard deviation
Perform a Step by step following tests in Microsoft Excel. Each of the following is 0.5 points, with a total of 6 points. Provide your answers in the following table.
Median
Standard Deviation
Minimum
Maximum
Range
1st Quartile
2nd Quartile
3rd Quartile
Skewness; provide a one sentence explanation of what does the skewness value indicates
Kurtosis; provide a one sentence explanation of what does the kurtosis value indicates
Make a labelled histogram; no point awarded if it is not labelled
Make a labelled boxplot; no point awarded if it is not labelled
Data
27
30
22
25
24
22
20
28
20
26
21
23
24
20
28
30
20
28
29
30
21
26
29
25
26
25
20
30
26
28
25
21
22
27
27
24
26
22
29
28
30
22
22
22
30
21
21
30
26
20
Chapter 9 Solutions
EBK INTRODUCTION TO THE PRACTICE OF STA
Ch. 9.1 - Prob. 1UYKCh. 9.1 - Prob. 2UYKCh. 9.1 - Prob. 3UYKCh. 9.1 - Prob. 4UYKCh. 9.1 - Prob. 5UYKCh. 9.1 - Prob. 6UYKCh. 9.1 - Prob. 7UYKCh. 9.1 - Prob. 8UYKCh. 9.1 - Prob. 9UYKCh. 9.1 - Prob. 10UYK
Ch. 9.1 - Prob. 11UYKCh. 9.1 - Prob. 12UYKCh. 9.1 - Prob. 13UYKCh. 9.1 - Prob. 14UYKCh. 9.2 - Prob. 15UYKCh. 9.2 - Prob. 16UYKCh. 9.2 - Prob. 17UYKCh. 9.2 - Prob. 18UYKCh. 9.2 - Prob. 19UYKCh. 9 - Prob. 50ECh. 9 - Prob. 51ECh. 9 - Prob. 20ECh. 9 - Prob. 27ECh. 9 - Prob. 28ECh. 9 - Prob. 29ECh. 9 - Prob. 22ECh. 9 - Prob. 31ECh. 9 - Prob. 32ECh. 9 - Prob. 37ECh. 9 - Prob. 38ECh. 9 - Prob. 39ECh. 9 - Prob. 40ECh. 9 - Prob. 41ECh. 9 - Prob. 42ECh. 9 - Prob. 49ECh. 9 - Prob. 52ECh. 9 - Prob. 53ECh. 9 - Prob. 54ECh. 9 - Prob. 55ECh. 9 - Prob. 21ECh. 9 - Prob. 23ECh. 9 - Prob. 24ECh. 9 - Prob. 25ECh. 9 - Prob. 26ECh. 9 - Prob. 30ECh. 9 - Prob. 33ECh. 9 - Prob. 34ECh. 9 - Prob. 35ECh. 9 - Prob. 36ECh. 9 - Prob. 43ECh. 9 - Prob. 44ECh. 9 - Prob. 45ECh. 9 - Prob. 46ECh. 9 - Prob. 47ECh. 9 - Prob. 48E
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