BASIC BUSINESS STATISTICS
14th Edition
ISBN: 9780135285923
Author: MARK BERENSON
Publisher: PEARSON
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Textbook Question
Chapter 1, Problem 17PS
For a population containing
a. the first person on the list?
b. the fortieth person on the list?
c. the last person on the list?
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Students have asked these similar questions
a =1500, b=1700 what is percentage of a is b
A 12-inch bar that is clamped at both ends is to be subjected to an increasing amount of stress until it snaps. Let Y = the distance from the left end at which the break occurs. Suppose Y has the following pdf.
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Graph the cdf of Y.
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(b) Compute P(Y ≤ 5), P(Y > 6), and P(5 ≤ y ≤ 6). (Round your answers to three decimal places.)
P(Y ≤ 5) =
P(Y > 6) =
P(5 ≤ y ≤ 6) =
(c) Compute E(Y), E(y²), and V(Y).
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A restaurant serves three fixed-price dinners costing $12, $15, and $20. For a randomly selected couple dining at this restaurant, let X = the cost of the man's dinner and Y = the cost of the woman's dinner. The joint pmf of X and Y is given in the following table.
p(x, y)
15
y
12
20
12
0.05 0.10
0.35
x
15
0.00 0.20
0.10
20
0.05 0.05
0.10
(a) Compute the marginal pmf of X.
x
12
Px(x)
Compute the marginal pmf of Y.
y
Pyly)
12
15
20
15
20
(b) What is the probability that the man's and the woman's dinner cost at most $15 each?
(c) Are X and Y independent? Justify your answer.
X and Y are independent because P(x, y) = Px(x) · Py(y).
X and Y are not independent because P(x, y) =Px(x) · Pyly).
X and Y are not independent because P(x, y) * Px(x) · Py(y).
X and Y are independent because P(x, y) * Px(x) · Py(y).
(d) What is the expected total cost, in dollars, of the dinner for the two people?
$
(e) Suppose that when a couple opens fortune cookies at the conclusion of the meal, they find the…
Chapter 1 Solutions
BASIC BUSINESS STATISTICS
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Ch. 1 - The director of market research at a large...Ch. 1 - The American Community Survey (www.census.gov/acs)...Ch. 1 - Visit the website of the Pew Research organization...Ch. 1 - Transportation engineers and planners want to...Ch. 1 - Visit the home page of the Statistics Portal...Ch. 1 - For a population containing N=902 individual, what...Ch. 1 - For a population of N=902, verify that by starting...Ch. 1 - Given a population of N=93, starting in row 29,...Ch. 1 - For a study that consists of personal interviews...Ch. 1 - You want to select a random sample of n=1 from a...Ch. 1 - A population has four members (called A, B, C, and...Ch. 1 - The registrar of a university with a population of...Ch. 1 - Prenumbered sales invoices are kept in a sales...Ch. 1 - Suppose that 10,000 customers in a retailer s...Ch. 1 - The cellphone brands owned by a sample of 20...Ch. 1 - The amount of monthly data usage by a sample of 10...Ch. 1 - An amusement park company owns three hotels on an...Ch. 1 - A hotel management company runs 10 hotels in a...Ch. 1 - A Survey indicates that the vast majority of...Ch. 1 - A simple random sample of n=300 full–time...Ch. 1 - Results of a 2017 Computer Service, Inc (CSI)...Ch. 1 - A recent PWC survey of 1,379 CEO s from a wide...Ch. 1 - A recent survey points to tremendous revenue...Ch. 1 - What is the difference between a sample and a...Ch. 1 - What is the difference between a statistic and...Ch. 1 - What is the difference between a categorical...Ch. 1 - What is the difference between a discrete...Ch. 1 - What is the difference between a nominal scaled...Ch. 1 - What is difference between an interval scaled...Ch. 1 - What is the difference between probability...Ch. 1 - What is difference between a missing value and an...Ch. 1 - What is the difference between unstack and stacked...Ch. 1 - What is the difference between coverage error and...Ch. 1 - What is the difference between sampling error and...Ch. 1 - Visit the official website for Microsoft Excel,...Ch. 1 - Results of a 2017 Computer Services, Inc (CSI)...Ch. 1 - The Gallup organization releases the results of...Ch. 1 - A recent PwC survey of 1,379 CEOs from a wide...Ch. 1 - The American community Survey (www.census.gov/acs)...Ch. 1 - Download and examine Zarca interactive’s Sample...Ch. 1 - Three professors examined awareness of four widely...Ch. 1 - Social media provides an enormous amount of data...
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