# Burglaries in Groton, Georgia

Not what you're looking for?

Last year Groton, Georgia had 512 burglaries. The police chief wants to know the average economic loss associated with burglaries in Groton and wants to know it this afternoon. Since there is not time to

analyze all 512 burglaries, the department's research analyst selects 10 burglaries at random, which show the following losses:

$550, $675, $324, $487, $1,246, $874, $595, $835, $910, and $612

What is the best estimate of the average loss on a burglary? Place an 80% confidence limit around this estimate.

##### Purchase this Solution

##### Solution Summary

The solution addresses the situation that last year Groton, Georgia had 512 burglaries. The police chief wants to know the average economic loss associated with burglaries in Groton and wants to know it this afternoon. Since there is not time to

analyze all 512 burglaries, the department's research analyst selects 10 burglaries at random, which show the following losses:

$550, $675, $324, $487, $1,246, $874, $595, $835, $910, and $612

What is the best estimate of the average loss on a burglary? Place an 80% confidence limit around this estimate.

##### Solution Preview

For this problem we have to construct an 80% confidence interval for the mean of the burglary losses. The 10 sample figures show two extreme values (324 and 1246) which could be regarded as outliers but because of the fact that they are practically compensating themselves you can choose to keep them and use them as data. Possible estimates for the average loss can be the median which is robust ...

##### Purchase this Solution

##### Free BrainMass Quizzes

##### Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

##### Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.

##### Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

##### Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.