Quantitative Analysis
Not what you're looking for?
1. Crosstabulation of responses from readers of newspaper comic strips produced the following frequency distirbution of age categories and favorite comic.
Discuss what the frequency distribution reveals about the relation between age and favorite comic.
(see chart in attached file)
Multiple choice
2. Ten policyholders file claims with CareFree Insurance. Three of these claims are fraudulent. Claims manager Earl Evans randomly selects three of the ten claims for thorough investigation. If x represents the number of fraudulent claims in Earl's sample, P(x=1) is _______________.
A. 0.4410
B. 0.3000
C. 0.6957
D. 0.5250
3. Suppose a random sample of 36 is selected from a population with a standard deviation of 12. If the sample mean is 98, the 99% confidence interval to estimate the population mean is _______.
A. 93.34 to 102.66
B. 94.08 to 101.92
C. 97.35 to 98.65
D. 92.85 to 103.15
Purchase this Solution
Solution Summary
This posting provides solution to several problems on quantitative analysis including cross-tabulation, confidence interval etc.
Purchase this Solution
Free BrainMass Quizzes
Cost Concepts: Analyzing Costs in Managerial Accounting
This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.
Academic Reading and Writing: Critical Thinking
Importance of Critical Thinking
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.