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Statistical Analysis and Probability Evaluation: Comprehensive Problem Set Solutions - Document preview page 1

Statistical Analysis and Probability Evaluation: Comprehensive Problem Set Solutions - Page 1

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Statistical Analysis and Probability Evaluation: Comprehensive Problem Set Solutions

A complete set of solved problems in statistical analysis and probability.

Olivia Smith
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Statistical Analysis and Probability Evaluation: Comprehensive Problem Set Solutions - Page 1 preview imageStatistical Analysis and Probability Evaluation: Comprehensive Problem SetSolutionsName:LowenbrauDate:5/9/2015Problem NumberSolution1.(a)FALSE(b)FALSE(c)FALSE(d)TRUE(e)FALSEWork:(a)If all the observations in a data set are identical, then its variance isequals tozero.(b)SinceAandBaredisjoint, the probability of their intersection mustbe equal to zero,not equal to 0.9.(c)For a symmetric distributionif P (X> 2)= 0.3, then P (X2) = 0.3, not P (X3)0.3.(d)The critical value for 959% confidence level is larger than that of 90% confidence level.So 95% confidence interval has larger width than 90% confidence interval.(e)Since the p-value for thisright tailed test, P (T > 1.5) = 1P (X < 1.5) = 10.96 = 0.04 <0.05, the decision must be reject the null hypothesis is at 0.05 level of significance..
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Statistical Analysis and Probability Evaluation: Comprehensive Problem Set Solutions - Page 2 preview image
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Statistical Analysis and Probability Evaluation: Comprehensive Problem Set Solutions - Page 3 preview image2.The shaded cells in the following table indicate the calculated values.Check out Time(in minutes)FrequencyRelativeFrequency1.0-1.930.122.0-2.9120.483.0-3.950.204.0-4.930.125.0-5.920.08Total251.00Work:Total frequency = 25Value off when relative frequency is 0.20= 25 X 0.20 =5.3+12 + 5+3 +? = 2523+ ? = 25? = 2523=2Frequency of the cellRelative frequencyTotal frequencyRelative frequency for 1.01.93 250.12Relative frequency for 2.02.912 250.48Relative frequency for 3.03.90.20Relative frequency for 4.04.93 250.12Relative frequency for 5.05.92 250.083.Answer:40%Work:Obtain the percentage of the checkout times wasat least3 minutes,5321040%2525
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Statistical Analysis and Probability Evaluation: Comprehensive Problem Set Solutions - Page 4 preview image4.Answer:The median must lie in the class2.02.9.Work:The following table shows the cumulative relative frequency distribution of the given data.Check outTimeFrequencyRelativeFrequencyCumulative RelativeFrequency1.0-1.930.120.122.0-2.9120.480.603.0-3.950.20.804.0-4.930.120.925.0-5.920.081.00Total251.00-The median of the distribution covers 50% of the observations in the given dataset. Herethe cumulative relative frequency corresponding to2.02.9 is just greater than 50%, somedian must lie in that interval.5.Answer:This distribution has positive skew.Work:Since the mean of the distribution lie in the class 3.03.9, and it is greater than the medianthe distribution has positive skew.6.Answer:Therequired probability = 1/221.If the card selection is without replacement, the probability that the first card is anace and the second card is also an ace is,4315251221
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Statistical Analysis and Probability Evaluation: Comprehensive Problem Set Solutions - Page 5 preview image7.Answer:Therequired probability = 1/169.Work:If the card selection is with replacement, the probability that the first card is an aceand the second card is also an ace is,44152521698.Answer:(c)Quiz 1 has the lessvalueof the interquartile range.Work:Theinterquartilerangefor Quiz 1 = 8540 =45.Theinterquartilerangefor Quiz 2 = 9035 = 55.9.Answer:(a)Quiz2Work:For the Quiz 2 the percentage of students with grades 90 or over is 25%, since Q3 = 90.Forthe Quiz 1 the percentage of students with grades 90 or over is less than 25%, since Q3 =85,indicatesthat 25%of studentsare withgrades85 or over.Sosubtractingthepercentage between grades85and 90, the required percentage islessthan 25%.10.Answer:(b)Quiz2Work:For the Quiz1the percentage of students with grades60orlessismore than50%, since Q2=55. For the Quiz2the percentage of students with grades60 orlessisalsomore than50%, since Q2=50.Butthe percentage between grades50 and60,is slightly more thanthat of thepercentage between grades55and60, so Quiz2 has a greater percentage.
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