Explore BrainMass

Explore BrainMass

    Quantative Analysis of Data

    BrainMass Solutions Available for Instant Download

    Mean, variance and standard deviation

    N= 63,p=04 Find the mean binomial distribution round to the nearest tenth. Find the variance of the bionomial distribution round to the nearest hundredth find the standard deviation round to the nearest hundredth.

    Calculating Negative Predictive Value (Statistics)

    Modify Acron's model (Excel filed attached) so that development lasts for an extra year. Specifically, assume that development costs of $7.2 million and $2.1 million are incurred at the beginnings of years 1 and 2, and then the sales in the current model occur one year later, that is from year two until year 21. Again, calculate

    Solving Statistic Problems

    (See attached file for full problem description with diagrams) 14. The following chart shows the selling price ($000) of houses sold in the Billings, Montana, area. a. How many homes were studied? b. What is the class interval? c. One hundred homes sold for less than what amount? d. About 75 percent of the homes sold fo

    Range, Mean Variance and Standard Deviation

    Find the range, mean, variance, and standard deviation of the population data set. 19 20 17 20 21 21 19 18 19 19 17 17 16 18 17 17 17 18 18 18 Range: Population Mean= (rounded to the nearest hundredth) Population variance =(round to the nearest hundredth) Population standard devi

    To find mean and standard deviation of distribution

    Three tables listed below show "random variables" and their " probabilities. However, only one of these is actually a probability distribution. A) What is it? Table 1 Table 2 Table 3 X P(X) X P(X) X P(X) 5 .3 5 .1

    Stem and Leaf Plots: Mean, median, mode

    The number of stolen bases by major league baseball player for each season during his career. 6|6 5|4 0 4|9 6 4 3|8 7 5 5 3 0 2|9 4 1| 0|8 7 3 What is the mean of the data? (Round to the nearest hundredth) What is the median of the data? (Round to the nearest tenth) What is the mode? you gave me t

    Mean, Medan & Mode from a Stem-and-Leaf Diagram

    Number of stolen bases by major league baseball player for each season during his career: 6|6 5|4 0 4|9 6 4 3|8 7 5 5 3 0 2|9 4 1| 0|8 7 3 What is the mean of the data? (Round to the nearest hundredth) What is the median of the data? (Round to the nearest tenth) What is the mode?

    Normal distribution of a mass of whiskey

    Averages of several measurements are less variable than individual measurements. The true mass of the whiskey sample is 4.6 grams, or 4600 milligrams(mg). Antonio's measurements have the normal distribution with mean 4600 mg and standard deviation 10mg. In this case, the mean of his 3 measurements also has a normal distribution.

    Statistics: Calculate the weighted mean for semester grades

    Assume a student received the following grades for the semester: History, B; Statistics, A; Spanish, C; and English, C. History and English are 5 credit hour courses, Statistics a 4 credit hour course and Spanish a 3 credit hour course. If 4 grade points are assigned for an A, 3 for a B and 2 for a C, what is the weighted mean f

    Four hypothesis test questions

    1. A recent article in the Wall Street Journal reported that the 30-year mortgage rate is now less than 6 percent. a sample of eight small banks in the Midwest revealed the following 30-year rates (in percent); perform a hypothesis test: 4.85.36.54.86.15.86.25.6 2. Experience raising New Jersey Red Chickens revealed the me

    Value Statistics Results

    Company Symbol Weight Close $ 3M Co. MMM 10.4312 125.72 Alcoa Inc. AA 1.8262 22.01 Altria Group Inc. MO 2.7298 32.90 American Express Co. AXP 3.0741 37.05 AT&T Corp. T 1.3715 16.53 Boeing Co. BA 2.2925 27.63 Caterpillar Inc. CAT 4.3768 52.75 Citigroup Inc. C 3.2508 39.18 Coca-Cola Co. KO 3.3114 39.91 E.I. DuPont de Nem

    Statistical problem

    The annual incomes of the five vice presidents of TMV Industries are: $125,000; $128,000; $122,000, $133, 000; and $140,000. Consider this a population. a. What is the range? b. What is the arithmetic mean income? c. What is the population variance? The standard deviation? d. The annual incomes of officers of another firm

    Assignment Stumper

    I have a problem in my textbook and already know the answers (the answers to every question are listed at the end of the text); however, I can't for the life of me figure out the steps in the process to solve this one. It looks simple enough (it's a simple assignment problem), but I'm stumped. The quantitative methods depar

    Statistics and Significant Levels

    5 The manufacturer of the X-15 steel-belted radial truck tire claims that the mean mileage the tire can be driven before the tread wears out is 60,000 miles. The standard deviation of the mileage is 5,000 miles. The Crosset Truck Company bought 48 tires and found that the mean mileage for their trucks is 59,500 miles. Is Crosse

    R-Chart

    A metal stamping machine is used to form key blanks that will eventually be machined with different combinations of grooves and teeth to become finished keys for automobile door locks. Every 15 minutes a subgroup of 5 key blanks is taken, and the length of each key is measured. The table attached shows these measurements (in inc

    Testing of Hypothesis - Mean for Two Populations

    State a relevant and useful "Two Population" hypothesis both in Words and statistical language for each pair of the population. This Hypothesis should compare the means between each pair of these populations. For 3 populations you will have 3 pairs to compare.

    Finding the Correlation Coefficient

    Please see attachment based on question 1. which was. The data below represent the age (in years) and the number of hours slept in a day by 7 infants: Age, x 0.1 0.2 0.4 0.7 0.6 0.9 0.2 Hours slept, y 14.9 14.5 13.9 14.1 13.9 13.7 14.3 Find the correlation coefficient. At 0.05% signi

    Computers in School: Article

    Please provided comments/insights on this article/report: The title: "When Computers Go to School: How Kent School Implemented Information Technology to Enrich Teaching and Learning" by: Phillip D. Devin (http://www.rand.org/publications/TR/TR126/TR126.pdf). If you type the title on the search button it will come up.

    DESCRIPTIVE STATISTICS

    I am doing a paper on Descriptive Statistics and its on Baseball players salaries. Can you tell me what these means: 1.Calculate the measures of central tendency and dispersion. (can you simplify this for me and give me an example) it will help me to stay on the right track. 2. Display your descriptive statistical da

    Descriptive Statistics and Coefficients of Skewness

    a. Determine the median, and the standard deviation. b. Determine the coefficient of skewness using Pearson's method. c. Determine the coefficient of skewness using the software method. Listed below are the commissions earned ($000) last year by the sales representatives at the Furniture Patch, Inc. $3.9 $5.7 $7.3 $

    I need HELP answering questions on DESCRIPTIVE STATISTICS

    Hi, I need your HELP with my research paper on the salary of the baseball players. these are the questions I need HELP with: 1.Examing the measures of central tendency. 2. Display the discriptive statistical data using graphic and tabular techniques. 3. Which measures are the most appropriate from which to draw conc

    Descriptive Statistics in Farming

    These are the questions: 1. Please give three examples of how descriptive statistics are used in a farming Industry or any Industry? 2. Can you define 'descriptive statistics' 3. Are these statistics misleading in any way? 4. Could they be? 5. Are there any improvements of which you can think?

    Quantitative Stats

    In a linear programming problem, a valid objective function can be represented as a. Max Z = 5xy b. Max Z 5x2 + 2y2 c. Max 3x + 3y + 1/3z d. Min (x1 + x2) / x3 A plant manager is attempting to determine the production schedule of various products to maximize profit. Assume that a machine hour constraint is binding. If t

    Random Stats questions

    The production manager for the Whoppy soft drink company is considering the production of 2 kinds of soft drinks: regular and diet. The company operates one "8 hour" shift per day. Therefore, the production time is 480 minutes per day. During the production process, one of the main ingredients, syrup is limited to maximum produ

    Question about Research Terminology- Match Definitions with Terms

    DEFINITIONS: 1. a research study done over a period of time. 2. To use focus groups or small studies to get a "feel" for the problem _______. 3. It means in name only. Used on surveys to identify the population being sampled_____> 4. Using basic research methods, the outome of the research is applied to a business problem.