Introduction To Statistics And Data Analysis
6th Edition
ISBN: 9781337793612
Author: PECK, Roxy.
Publisher: Cengage Learning,
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Chapter 9.4, Problem 55E
The following quote is from the article “Credit Card Debt Rises Faster for Seniors” (USA TODAY, July 28, 2009):
The study, which will be released today by Demos a liberal public policy group, shows that low- and middle-income consumers 65 and older carried $10,235 in average credit card debt last year.
What additional information would you want in order to evaluate the accuracy of this estimate? Explain.
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Microsoft Excel snapshot for random sampling: Also note the formula used for the last
column
02
x✓ fx =INDEX(5852:58551, RANK(C2, $C$2:$C$51))
A
B
1
No.
States
2
1
ALABAMA
Rand No.
0.925957526
3
2
ALASKA
0.372999976
4
3
ARIZONA
0.941323044
5
4 ARKANSAS
0.071266381
Random Sample
CALIFORNIA
NORTH CAROLINA
ARKANSAS
WASHINGTON
G7
Microsoft Excel snapshot for systematic sampling:
xfx INDEX(SD52:50551, F7)
A
B
E
F
G
1
No.
States
Rand No. Random Sample
population
50
2
1 ALABAMA
0.5296685 NEW HAMPSHIRE
sample
10
3
2 ALASKA
0.4493186 OKLAHOMA
k
5
4
3 ARIZONA
0.707914 KANSAS
5
4 ARKANSAS 0.4831379 NORTH DAKOTA
6
5 CALIFORNIA 0.7277162 INDIANA
Random Sample
Sample Name
7
6 COLORADO 0.5865002 MISSISSIPPI
8
7:ONNECTICU 0.7640596 ILLINOIS
9
8 DELAWARE 0.5783029 MISSOURI
525
10
15
INDIANA
MARYLAND
COLORADO
Suppose the Internal Revenue Service reported that the mean tax refund for the year 2022 was $3401. Assume the standard deviation is $82.5 and that the amounts refunded follow a normal probability distribution. Solve the following three parts? (For the answer to question 14, 15, and 16, start with making a bell curve. Identify on the bell curve where is mean, X, and area(s) to be determined.
1.What percent of the refunds are more than $3,500?
2. What percent of the refunds are more than $3500 but less than $3579?
3. What percent of the refunds are more than $3325 but less than $3579?
A normal distribution has a mean of 50 and a standard deviation of 4. Solve the following three parts?
1. Compute the probability of a value between 44.0 and 55.0.
(The question requires finding probability value between 44 and 55. Solve it in 3 steps.
In the first step, use the above formula and x = 44, calculate probability value.
In the second step repeat the first step with the only difference that x=55.
In the third step, subtract the answer of the first part from the answer of the second part.)
2. Compute the probability of a value greater than 55.0.
Use the same formula, x=55 and subtract the answer from 1.
3. Compute the probability of a value between 52.0 and 55.0.
(The question requires finding probability value between 52 and 55. Solve it in 3 steps.
In the first step, use the above formula and x = 52, calculate probability value.
In the second step repeat the first step with the only difference that x=55.
In the third step, subtract the answer of the first part from the…
Chapter 9 Solutions
Introduction To Statistics And Data Analysis
Ch. 9.1 - Three different statistics are being considered...Ch. 9.1 - a. Why is an unbiased statistic generally...Ch. 9.1 - The report The 2016 Consumer Financial Literacy...Ch. 9.1 - The authors of the paper Influence of Biofeedback...Ch. 9.1 - Each person in a random sample of 20 students at a...Ch. 9.1 - Suppose that each of 935 smokers received a...Ch. 9.1 - Given below are the sodium contents (in mg) for...Ch. 9.1 - A random sample of n = 12 four-year-old red pine...Ch. 9.1 - A random sample of 10 houses heated with natural...Ch. 9.2 - Explain which would result in a wider large-sample...
Ch. 9.2 - Explain which would result in a wider large-sample...Ch. 9.2 - The formula used to calculate a large-sample...Ch. 9.2 - The use of the interval p(zcriticalvalue)p(1p)n...Ch. 9.2 - For each of the following combinations of sample...Ch. 9.2 - Discuss how each of the following factors affects...Ch. 9.2 - The USA TODAY Snapshot titled Social Media...Ch. 9.2 - Based on data from a survey of 1200 randomly...Ch. 9.2 - The report Parents, Teens and Digital Monitoring...Ch. 9.2 - If a hurricane was headed your way, would you...Ch. 9.2 - The USA TODAY Snapshot titled Big Bang Theory (USA...Ch. 9.2 - The article Most Dog Owners Take More Pictures of...Ch. 9.2 - The Princeton Review 2016 College Hopes and...Ch. 9.2 - The USA TODAY Snapshot titled Babys First Photo...Ch. 9.2 - The report Job Seeker Nation Study...Ch. 9.2 - USA TODAY reported that the proportion of...Ch. 9.2 - The USA TODAY Snapshot titled Have a Nice Trip...Ch. 9.2 - Business Insider reported that a study...Ch. 9.2 - In 2010, the National Football League adopted new...Ch. 9.2 - The article Most Americans Dont Understand the...Ch. 9.2 - The Gallup Organization conducts an annual survey...Ch. 9.2 - The article Hospitals Dispute Medtronic Data on...Ch. 9.2 - Based on survey of a representative sample of 1000...Ch. 9.2 - A discussion of digital ethics appears in the...Ch. 9.2 - In spite of the potential safety hazards, some...Ch. 9.2 - In 2010, the online security firm Symantec...Ch. 9.3 - Given a variable that has at distribution with the...Ch. 9.3 - The formula used to calculate a confidence...Ch. 9.3 - USA TODAY reported that the average amount of...Ch. 9.3 - Samples of two different models of cars were...Ch. 9.3 - USA TODAY reported that the average amount of...Ch. 9.3 - The paper The Effects of Adolescent Volunteer...Ch. 9.3 - Medical research has shown that repeated wrist...Ch. 9.3 - Students in a representative sample of 65...Ch. 9.3 - The paper referenced in the previous exercise also...Ch. 9.3 - Suppose that a random sample of 50 bottles of a...Ch. 9.3 - The authors of the paper Driving Performance While...Ch. 9.3 - The article The Association Between Television...Ch. 9.3 - The paper Patterns and Composition of Weight...Ch. 9.3 - Because of safety considerations, in May 2003 the...Ch. 9.3 - Example 9.3 gave the following airborne times (in...Ch. 9.3 - Consumer Reports gave the following mileage...Ch. 9.3 - Five students visiting the student health center...Ch. 9.3 - The Bureau of Alcohol, Tobacco, and Firearms...Ch. 9.3 - The formula described in this section for...Ch. 9.4 - The following quote is from the article Credit...Ch. 9.4 - Authors of the news release titled Major Gaps...Ch. 9.4 - The paper The Curious Promiscuity of Queen Honey...Ch. 9.5 - A survey on SodaHead...Ch. 9.5 - Prob. 59ECh. 9.5 - Prob. 60ECh. 9.5 - Prob. 61ECh. 9.5 - Prob. 62ECh. 9.5 - Prob. 63ECh. 9.5 - Prob. 64ECh. 9.5 - Prob. 65ECh. 9.6 - Prob. 66ECh. 9.6 - Prob. 67ECh. 9.6 - Teams in the National Football League (NFL) are...Ch. 9.6 - Prob. 69ECh. 9.6 - The Economist collects data each year on the price...Ch. 9.6 - Major League Baseball (MLB) includes two groups of...Ch. 9 - The article Write It by Hand to Make It Stick...Ch. 9 - Prob. 73CRCh. 9 - The report The 2016 Consumer Financial Literacy...Ch. 9 - The report The Politics of Climate (Pew Research...Ch. 9 - The report referenced in the previous exercise...Ch. 9 - Data from a survey of a representative sample was...Ch. 9 - A manufacturer of small appliances purchases...Ch. 9 - A manufacturer of college textbooks is interested...Ch. 9 - The confidence intervals presented in this chapter...Ch. 9 - Prob. 81CRCh. 9 - The interval from 2.33 to 1.75 captures an area of...
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