5.6 EXERCISES
Table 5.15 presents the ages for a number of individuals.
- Calculate the following statistics for the variable Age:
- Mode
- Median
- Mean
Table 5.15. Table with variables Name and Age
| Name |
Age |
| P.Lee |
35 |
| R.Jones |
52 |
| J.Smith |
45 |
| A.Patel |
70 |
| M.Owen |
24 |
| S.Green |
43 |
| N.Cook |
68 |
| W.Hands |
77 |
| P.Rice |
45 |
| F.Marsh |
28 |
- Range
- Variance
- Standard deviation
- z-score
- Skewness
- Kurtosis
- An insurance company wanted to understand the time to process an insurance claim. They timed a random sample of 47 claims and determined that it took on average 25 minutes per claim and the standard deviation was calculated to be 3. With a confidence level of 95%, what is the confidence interval?
- An electronics company wishes to understand, for all customers that purchased a computer, how many will buy a printer at the same time. To test this, the company interviews a random sample of 300 customers and it was determined that 138 bought a printer. With a confidence level of 99%, what is the confidence interval for the proportion of customers buying a printer at the same time as a computer?
- A phone company wishes to make a claim that the average connection time in the US is less than two seconds (i.e. the time after you dial a number before the call starts to ring). To test this, the company measures 50 randomly selected calls and the average time was 1.9 seconds with a standard deviation of 0.26. Using this information and a 95% confidence level:
- Specify the null and alternative hypothesis ...