What are the characteristics of a population for which a mean/median/mode would be appropriate? Inappropriate? The analysis of data begins with descriptive statistics such as the mean‚ median‚ mode‚ range‚ standard deviation‚ variance‚ standard error of the mean‚ and confidence intervals. These statistics are used to summarize data and provide information about the sample from which the data were drawn and the accuracy with which the sample represents the population of interest. The mean‚ median
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Descriptive and Inferential Statistics Paper PSY 315 Descriptive and Inferential Statistics Whether doing original research or conducting literature reviews‚ one must conclude what a powerful and versatile tool statistics are in the hands of researchers. From basic statistics such as data description‚ to using complex statistical methods to foresee future patterns or strengthen scientific claims about current climates‚ the role of statistics in research cannot be taken lightly and is essential
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Energy 1. A man climbs on to a wall that is 5 m high and gains 2200 J of potential energy. What is the mass of the man? Given: Formula: h = 5 m m = PE/gh PE = 2200 J Solution: m = 2200 J / (9.8 m/s2 x 5 m) m = 49 kg 2. Calculate the kinetic energy of a 500 kg car travelling at 50 m/s. Given: Formula: m = 500 kg KE = mv2/2 v = 50 m/s Solution: KE = 500 kg x (50 m/s)2 / 2 KE = 625 000 J Power 3. Riley climbs a flight of stairs in 3 minutes. If he
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1. EP Enterprises has the following income statement. How much net operating profit after taxes (NOPAT) does the firm have? Sales $1‚800.00 Costs 1‚400.00 Depreciation 250.00 EBIT $ 150.00 Interest expense 70.00 EBT $ 80.00 Taxes (40%) 32.00 Net income $ 48.00 a. $81.23 b. $85.50 c. $90.00 EBIT $150.00
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GENERAL BIOCHEMISTRY Problem Set No. 1 Answered by: Andrea Rose A. Fajardo of BSFT 2-1N 1. Calculate the pH of a dilute solution that contains a molar ratio of potassium acetate to acetic acid (pKa=4.76) of: a. 2:1 pH = 4.76 + log[2]/[1] = 4.76 + 0.3010 = 5.06 b. 1:4 pH = 4.76 + log[1]/[4] = 4.76 + (-0.6021) = 4.16 c. 6:5 pH = 4.76 + log[6]/[5] = 4.76 + 0.0792
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EXERCISES (Discrete Probability Distribution) EXERCISES (Discrete Probability Distribution) P X x n C x p 1 p x BINOMIAL DISTRIBUTION n x P X x n C x p 1 p x BINOMIAL DISTRIBUTION n x 1. 2. 3. The probability that a certain kind of component will survive a given shock test is ¾. Find the probability that exactly 2 of the next 4 components tested survive. The probability that a log-on to the network is successful is 0.87. Ten users
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OPIM Assignment 4 1. Cu = 24-11 = $13 Co = 11-7 = $4 Critical ratio = 13/(13+4) = 0.7647 μ = 30‚000 σ = 10‚000 Using normal distribution function (=norminv(0.7647‚30000‚10000))‚ the optimum order quantity is 37‚216 jerseys to maximize profit. 2. Quantity = 32‚000 First‚ we normalize the order quantity to find the z-statistic z=Q-μσ=32‚000-25‚00010‚000=0.7 We then look up the standard normal loss function. The expected lost sale is given by. Lz=0.1429 Therefore‚ the expected lost
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BE 13.8 Vertical analysis (common-size) percentages for Vallejo Company’s sales‚ cost of goods sold‚ and expenses are listed below: VERTICAL ANALYSIS 2012 2011 2010 Sales 100.0% 100.0% 100.0% Cost of goods sold 60.5 62.9 64.8 Expenses 26.0 26.6 27.5 Net Income 13.5 10.5 7.7 Did Vallejo’s net income as a percent of sales increase‚ decrease‚ or remain unchanged over the 3 year period. Provide numerical support for your answer. Sales – Cost of Goods Sold – Expenses = Net Income 100 – 64.8
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bagel. (a) Find the probability distribution for X. (b) Suppose at least 3 people buy a plain bagel. What is the probability that exactly 4 people buy a plain bagel? 3. The probability distribution for a discrete random variable X is given by the formula p(r) = for r = 1‚ 2‚ . . . ‚ 6. (a) Verify that this is a valid probability distribution. (b) Find P (X = 4). (c) Find P (X > 2). (d) Find the probability that X takes on the value 3 or 4. (e) Construct the corresponding probability histogram. 4. Two
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Homework 3 Probability 1. As part of a Pick Your Prize promotion‚ a store invited customers to choose which of three prizes they’d like to win. They also kept track of respondents’ gender. The following contingency table shows the results: | MP3 Player | Camera | Bike | Total | Men | 62 | 117 | 60 | 239 | Woman | 101 | 130 | 30 | 261 | Total | 163 | 247 | 90 | 500 | What is the probability that: a. a randomly selected customer would pick the camera? 247/500= 0.494=
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