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Submitted By Soldiergirl01

Words 1872

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Words 1872

Pages 8

1. (TCO D) PuttingPeople2Work has a growing business placing out-of-work MBAs. They claim they can place a client in a job in their field in less than 36 weeks. You are given the following data from a sample.

Sample size: 100

Population standard deviation: 5

Sample mean: 34.2

Formulate a hypothesis test to evaluate the claim. (Points : 10) Ho: µ = 36; Ha: µ ≠ 36 Ho: µ ≥ 36; Ha: µ < 36 Ho: µ ≤ 34.2; Ha: µ > 34.2 Ho: µ > 36; Ha: µ ≤ 36

Ans. b.

H0 must always have equal sign, < 36 weeks

2. (TCO B) The Republican party is interested in studying the number of republicans that might vote in a particular congressional district. Assume that the number of voters is binomially distributed by party affiliation (either republican or not republican). If 10 people show up at the polls, determine the following:

Binomial distribution

10 | n | 0.5 | p |

X | P(X) | cumulative probability | 0 | 0.00098 | 0.00098 | 1 | 0.00977 | 0.01074 | 2 | 0.04395 | 0.05469 | 3 | 0.11719 | 0.17188 | 4 | 0.20508 | 0.37695 | 5 | 0.24609 | 0.62305 | 6 | 0.20508 | 0.82813 | 7 | 0.11719 | 0.94531 | 8 | 0.04395 | 0.98926 | 9 | 0.00977 | 0.99902 | 10 | 0.00098 | 1.00000 | What is the probability that no more than four will be republicans? (Points : 10) 38% 12% 21% 62%

Ans. a look at x=4, cumulative probability

3. (TCO A) Company ABC had sales per month as listed below. Using the Minitab output given, determine:

(A) Range (5 points);

(B) Median (5 points); and

(C) The range of the data that would contain 68% of the results. (5 points).

Raw data: sales/month (Millions of $)

23

45

34

34

56

67

54

34

45

56

23

19

Descriptive Statistics: Sales | Variable | Total Count | Mean | StDev | Variance | Minimum | Maximum | Range | Sales | 12…...

...MATH 533 Final Exam 4 Different Sets IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://acehomework.com/MATH-533-Final-Exam-4-Different-Sets-67856432.htm?categoryId=-1 If You Face Any Problem E- Mail Us At JohnMate1122@gmail.com MATH 533 Week 8 Final Exam Set 1 MATH 533 Week 8 Final Exam Set 2 MATH 533 Week 8 Final Exam Set 3 MATH 533 Week 8 Final Exam Set 4 1. Given the following sample of 10 high temperatures from March: 55, 60, 57, 43, 59, 66, 72, 65, 59, 47. 1. Determine the mean. 2. Determine the median. 3. Determine the mode. 4. Describe the shape of the distribution. 5. Determine Q1, Q2, Q3 and IQR. 1. Your friend is applying for 4 jobs. The hourly pay rate for the 4 jobs are, $8, $12, $15, $20. The probability distribution below shows the probability of getting each of these jobs: Job Pay Rate, X | Probability, P(X) | 8 | .30 | 12 | .20 | 15 | .40 | 20 | .10 | 1. What is the probability that your friend will get a job paying at least $15/hour? 2. What is the expected pay rate for your friend? * You ask all 200 students at school how much money they have in their pockets. The amount ranges from $0 to $130. You determine the mean to be $56.40 with standard deviation of $8.40. You believe that the amount is normally distributed. 1. If you pick a person at random, what is the probability that he/she has at least $45? ...

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...MATH 533 Final Exam 4 Different Sets IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://acehomework.com/MATH-533-Final-Exam-4-Different-Sets-67856432.htm?categoryId=-1 If You Face Any Problem E- Mail Us At JohnMate1122@gmail.com MATH 533 Week 8 Final Exam Set 1 MATH 533 Week 8 Final Exam Set 2 MATH 533 Week 8 Final Exam Set 3 MATH 533 Week 8 Final Exam Set 4 1. Given the following sample of 10 high temperatures from March: 55, 60, 57, 43, 59, 66, 72, 65, 59, 47. 1. Determine the mean. 2. Determine the median. 3. Determine the mode. 4. Describe the shape of the distribution. 5. Determine Q1, Q2, Q3 and IQR. 1. Your friend is applying for 4 jobs. The hourly pay rate for the 4 jobs are, $8, $12, $15, $20. The probability distribution below shows the probability of getting each of these jobs: Job Pay Rate, X Probability, P(X) 8 .30 12 .20 15 .40 20 .10 1. What is the probability that your friend will get a job paying at least $15/hour? 2. What is the expected pay rate for your friend? • You ask all 200 students at school how much money they have in their pockets. The amount ranges from $0 to $130. You determine the mean to be $56.40 with standard deviation of $8.40. You believe that the amount is normally distributed. 1. If you pick a person at random, what is the probability that he/she has at least $45? 2. What percentage of the students will have between $40 and...

Words: 696 - Pages: 3

...MATH 533 Final Exam 4 Different Sets IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://acehomework.com/MATH-533-Final-Exam-4-Different-Sets-67856432.htm?categoryId=-1 If You Face Any Problem E- Mail Us At JohnMate1122@gmail.com MATH 533 Week 8 Final Exam Set 1 MATH 533 Week 8 Final Exam Set 2 MATH 533 Week 8 Final Exam Set 3 MATH 533 Week 8 Final Exam Set 4 1. Given the following sample of 10 high temperatures from March: 55, 60, 57, 43, 59, 66, 72, 65, 59, 47. 1. Determine the mean. 2. Determine the median. 3. Determine the mode. 4. Describe the shape of the distribution. 5. Determine Q1, Q2, Q3 and IQR. 1. Your friend is applying for 4 jobs. The hourly pay rate for the 4 jobs are, $8, $12, $15, $20. The probability distribution below shows the probability of getting each of these jobs: Job Pay Rate, X Probability, P(X) 8 .30 12 .20 15 .40 20 .10 1. What is the probability that your friend will get a job paying at least $15/hour? 2. What is the expected pay rate for your friend? • You ask all 200 students at school how much money they have in their pockets. The amount ranges from $0 to $130. You determine the mean to be $56.40 with standard deviation of $8.40. You believe that the amount is normally distributed. 1. If you pick a person at random, what is the probability that he/she has at least $45? 2. What percentage of the students will have between $40 and...

Words: 696 - Pages: 3

...MATH 533 Final Exam 4 Different Sets IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://acehomework.com/MATH-533-Final-Exam-4-Different-Sets-67856432.htm?categoryId=-1 If You Face Any Problem E- Mail Us At JOHNMATE1122@Gmail.Com MATH 533 Week 8 Final Exam Set 1 MATH 533 Week 8 Final Exam Set 2 MATH 533 Week 8 Final Exam Set 3 MATH 533 Week 8 Final Exam Set 4 1. Given the following sample of 10 high temperatures from March: 55, 60, 57, 43, 59, 66, 72, 65, 59, 47. 1. Determine the mean. 2. Determine the median. 3. Determine the mode. 4. Describe the shape of the distribution. 5. Determine Q1, Q2, Q3 and IQR. 1. Your friend is applying for 4 jobs. The hourly pay rate for the 4 jobs are, $8, $12, $15, $20. The probability distribution below shows the probability of getting each of these jobs: Job Pay Rate, X Probability, P(X) 8 .30 12 .20 15 .40 20 .10 1. What is the probability that your friend will get a job paying at least $15/hour? 2. What is the expected pay rate for your friend? • You ask all 200 students at school how much money they have in their pockets. The amount ranges from $0 to $130. You determine the mean to be $56.40 with standard deviation of $8.40. You believe that the amount is normally distributed. 1. If you pick a person at random, what is the probability that he/she has at least $45? 2. What percentage of the students will have between $40 and...

Words: 696 - Pages: 3

...MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase......

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...MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase......

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...MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://devrycourse.com/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase......

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...MATH 533 Final Exam 4 Different Sets IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://acehomework.com/MATH-533-Final-Exam-4-Different-Sets-67856432.htm?categoryId=-1 If You Face Any Problem E- Mail Us At JOHNMATE1122@Gmail.Com MATH 533 Week 8 Final Exam Set 1 MATH 533 Week 8 Final Exam Set 2 MATH 533 Week 8 Final Exam Set 3 MATH 533 Week 8 Final Exam Set 4 1. Given the following sample of 10 high temperatures from March: 55, 60, 57, 43, 59, 66, 72, 65, 59, 47. 1. Determine the mean. 2. Determine the median. 3. Determine the mode. 4. Describe the shape of the distribution. 5. Determine Q1, Q2, Q3 and IQR. 1. Your friend is applying for 4 jobs. The hourly pay rate for the 4 jobs are, $8, $12, $15, $20. The probability distribution below shows the probability of getting each of these jobs: Job Pay Rate, X Probability, P(X) 8 .30 12 .20 15 .40 20 .10 1. What is the probability that your friend will get a job paying at least $15/hour? 2. What is the expected pay rate for your friend? • You ask all 200 students at school how much money they have in their pockets. The amount ranges from $0 to $130. You determine the mean to be $56.40 with standard deviation of $8.40. You believe that the amount is normally distributed. 1. If you pick a person at random, what is the probability that he/she has at least $45? 2. What percentage of the students will have between $40 and $50...

Words: 696 - Pages: 3

...MATH 533 Final Exam 4 Different Sets IF You Want To Purchase A+ Work Then Click The Link Below , Instant Download http://acehomework.com/MATH-533-Final-Exam-4-Different-Sets-67856432.htm?categoryId=-1 If You Face Any Problem E- Mail Us At JohnMate1122@gmail.com MATH 533 Week 8 Final Exam Set 1 MATH 533 Week 8 Final Exam Set 2 MATH 533 Week 8 Final Exam Set 3 MATH 533 Week 8 Final Exam Set 4 1. Given the following sample of 10 high temperatures from March: 55, 60, 57, 43, 59, 66, 72, 65, 59, 47. 1. Determine the mean. 2. Determine the median. 3. Determine the mode. 4. Describe the shape of the distribution. 5. Determine Q1, Q2, Q3 and IQR. 1. Your friend is applying for 4 jobs. The hourly pay rate for the 4 jobs are, $8, $12, $15, $20. The probability distribution below shows the probability of getting each of these jobs: Job Pay Rate, X Probability, P(X) 8 .30 12 .20 15 .40 20 .10 1. What is the probability that your friend will get a job paying at least $15/hour? 2. What is the expected pay rate for your friend? • You ask all 200 students at school how much money they have in their pockets. The amount ranges from $0 to $130. You determine the mean to be $56.40 with standard deviation of $8.40. You believe that the amount is normally distributed. 1. If you pick a person at random, what is the probability that he/she has at least $45? 2. What percentage of the students will have between $40 and...

Words: 696 - Pages: 3

...MATH 533 FINAL EXAM 4 DIFFERENT SETS To purchase this, Click here http://www.activitymode.com/product/math-533-final-exam-4-different-sets/ Contact us at: SUPPORT@ACTIVITYMODE.COM MATH 533 FINAL EXAM 4 DIFFERENT SETS MATH 533 Week 8 Final Exam Set 1 MATH 533 Week 8 Final Exam Set 2 MATH 533 Week 8 Final Exam Set 3 MATH 533 Week 8 Final Exam Set 4 1. Given the following sample of 10 high temperatures from March: 55, 60, 57, 43, 59, 66, 72, 65, 59, 47. 1. Determine the mean. 2. Determine the median. 3. Determine the mode. 4. Describe the shape of the distribution. 5. Determine Q1, Q2, Q3 and IQR. 1. Your friend is applying for 4 jobs. The hourly pay rate for the 4 jobs are, $8, $12, $15, $20. The probability distribution below shows the probability of getting each of these jobs: Job Pay Rate, X Probability, P(X) 8 .30 12 .20 15 .40 20 .10 1. What is the probability that your friend will get a job paying at least $15/hour? 2. What is the expected pay rate for your friend You ask all 200 students at school how much money they have in their pockets. The amount ranges from $0 to $130. You determine the mean to be $56.40 with standard deviation of $8.40. You believe that the amount is normally distributed. 1. If you pick a person at random, what is the probability that he/she has at least $45? 2. What percentage of the students will have between $40 and $50 in their pockets. 3. If you pick a person at random, what is the probability......

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...MATH 533 Final Exam 4 Sets Purchase here http://chosecourses.com/MATH%20533/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://chosecourses.com/MATH%20533/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://chosecourses.com/MATH%20533/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://chosecourses.com/MATH%20533/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://chosecourses.com/MATH%20533/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://chosecourses.com/MATH%20533/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://chosecourses.com/MATH%20533/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 ...

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...MATH 533 Final Exam 4 Sets Purchase here http://chosecourses.com/MATH%20533/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://chosecourses.com/MATH%20533/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://chosecourses.com/MATH%20533/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://chosecourses.com/MATH%20533/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://chosecourses.com/MATH%20533/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://chosecourses.com/MATH%20533/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 MATH 533 Final Exam 4 Sets Purchase here http://chosecourses.com/MATH%20533/math-533-final-exam-4-sets Product Description Final Exam Set 1 Final Exam Set 2 Final Exam Set 3 Final Exam Set 4 ...

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...MATH 533 Final Exm Click Link Below To Buy: http://hwcampus.com/shop/math-533-final-exm/ Or Visit www.hwcampus.com 1. (TCO A)Consider the following sample data on the age of the 30 employees that were laid off recently from DVC Inc. 21 38 20 26 37 52 37 24 45 20 50 49 44 30 29 42 56 46 60 30 32 25 47 55 38 25 20 29 32 30 a. Compute the mean, median, mode, and standard deviation, Q1, Q3, Min, and Max for the above sample data on age of employees being laid off. b. In the context of this situation, interpret the Median, Q1, and Q3. (Points : 33) 2. (TCO B) Consider the following data on newly hired employees in relation to which part of the country they were born and their highest degree attained. HS BS MS PHD Total East 3 5 2 1 11 Midwest 7 9 2 0 18 South 5 8 6 2 21 West 1 7 8 6 22 Total 16 29 18 9 72 If you choose one person at random, then find the probability that the person a. has a PHD. b. is from the East and has a BS as the highest degree attained. c. has only a HS degree, given that person is from the West. (Points : 18) 3. (TCO B) Squib claims that its new pain reliever is effective in giving relief for headaches within 10 minutes for 95% of users. A random sample of 25 patients is selected. Assuming......

Words: 1736 - Pages: 7

...MATH 533 Final Exm Click Link Below To Buy: http://hwcampus.com/shop/math-533-final-exm/ Or Visit www.hwcampus.com 1. (TCO A)Consider the following sample data on the age of the 30 employees that were laid off recently from DVC Inc. 21 38 20 26 37 52 37 24 45 20 50 49 44 30 29 42 56 46 60 30 32 25 47 55 38 25 20 29 32 30 a. Compute the mean, median, mode, and standard deviation, Q1, Q3, Min, and Max for the above sample data on age of employees being laid off. b. In the context of this situation, interpret the Median, Q1, and Q3. (Points : 33) 2. (TCO B) Consider the following data on newly hired employees in relation to which part of the country they were born and their highest degree attained. HS BS MS PHD Total East 3 5 2 1 11 Midwest 7 9 2 0 18 South 5 8 6 2 21 West 1 7 8 6 22 Total 16 29 18 9 72 If you choose one person at random, then find the probability that the person a. has a PHD. b. is from the East and has a BS as the highest degree attained. c. has only a HS degree, given that person is from the West. (Points : 18) 3. (TCO B) Squib claims that its new pain reliever is effective in giving relief for headaches within 10 minutes for 95% of users. A random sample of 25 patients is selected. Assuming......

Words: 1736 - Pages: 7

...MATH 533 Final Exm Click Link Below To Buy: http://hwcampus.com/shop/math-533-final-exm/ Or Visit www.hwcampus.com 1. (TCO A)Consider the following sample data on the age of the 30 employees that were laid off recently from DVC Inc. 21 38 20 26 37 52 37 24 45 20 50 49 44 30 29 42 56 46 60 30 32 25 47 55 38 25 20 29 32 30 a. Compute the mean, median, mode, and standard deviation, Q1, Q3, Min, and Max for the above sample data on age of employees being laid off. b. In the context of this situation, interpret the Median, Q1, and Q3. (Points : 33) 2. (TCO B) Consider the following data on newly hired employees in relation to which part of the country they were born and their highest degree attained. HS BS MS PHD Total East 3 5 2 1 11 Midwest 7 9 2 0 18 South 5 8 6 2 21 West 1 7 8 6 22 Total 16 29 18 9 72 If you choose one person at random, then find the probability that the person a. has a PHD. b. is from the East and has a BS as the highest degree attained. c. has only a HS degree, given that person is from the West. (Points : 18) 3. (TCO B) Squib claims that its new pain reliever is effective in giving relief for headaches within 10 minutes for 95% of users. A random sample of 25 patients is selected. Assuming......

Words: 1736 - Pages: 7