Statistics and Probability Answers

Questions: 18 160

Answers by our Experts: 16 242

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Search & Filtering

Suppose a population consists of the five measurements: 2, 6, 8, 0, and 1:



1. What is the mean and standard deviation of the population?



2. How many different samples of size n=2 can be drawn from the population? List them with their corresponding means.



Follow the step by step procedure.

A population of a certain ethnic group is consisting of three numbers (3,4,5,6,7). if samples of size 2 will be taken without replacement, find..

a. population mean

b. population variance

c. population standard deviation

d. mean of the sampling distribution of the sample mean

e. variance of the sampling distribution of the sample mean

f. standard deviation of the sampling distribution of the sample mean


Assume that when adults with smart phones are randomly selected 44% of them use them in meetings or classes if 12 adult smartphone users are randomly selected find the probability that fewer than 4 of them use their smart phones in meetings or classes


The table below presented the ranks which were assigned by three judges to the works

of ten articles:

S.no. 1 2 3 4 5 6 7 8 9 10

Judge A 5 7 4 1 3 2 9 8 10 6

Judge B 4 8 3 2 7 1 10 6 9 5

Judge C 8 6 2 10 4 1 3 9 5 7

Compute the spearman’s rank order correlation coefficients for each pair of ranking and

decide:

a) Which two judges are most alike in their opinion about these artists?

b) Which two judges are different in their opinion about these artists?


A life insurance company will sell a 1 million three-year term life insurance policy



exclusive in a particular risk group for a premium of ₱2,000.00. Let X denote the



net gain to the company from the sale of one policy.13. How much is the net loss of the insurance company from a policyholder



if his family will avail of the insurance benefits?




A. ₱1,000,000.00



C. ₱998,000.00



B. ₱999, 000.00



D. ₱995,000.00

A population of 25 year- old female has a mean salary of P20,800 with a standard deviation of P1200. If a random sample of 10 is considered from the population, what is the probability that their salary is greater than P20900?


1. In a test of Ho: u=85 against Ha: u>85, the sample data yield the sample statistic z=1.64. Find the p value for the test.


2. In a test of Ho: u=80 against Ha: u≠80, a sample of observations had a mean and standard deviation s=4.1. Find the p-value for the test.


If a farmer is chosen randomly from this community, what is the probability that he grows neither oranges nor lemon





A restaurant buys avocados from three suppliers P, Q and R. Records show that 30% of the avocados come from P, 55% come from Q and the rest come from R. Further records show that 8% of avocados supplied by P are substandard, 12% of avocados supplied by Q are substandard and 15% of avocados supplied by R are substandard.


Rashmi Dhar, manufacturer, and seller of ‘Kashmiri – Kahwa’ through E-commerce websites.

She wanted to know the effect of her spending in advertisement of ‘Kahwa’ on the sales, along with the other factors; ‘number of sales representatives’, ‘customer-satisfaction ratings’. For this research she has gathered the sales data in the following table, along with other necessary information.

Part 1) Run regression analysis in EXCEL

Part 2) Write the interpretation of Regression statistics-table, ANOVA-table.


Region/ Districts

Sales of Kahwa (in INR)

Spending in advertise (in INR)

Number of sales representatives (person)

Customer-satisfaction ratings (1=highly dissatisfied to 5 = highly satisfied)

Kupwara

55328

5512

1

1

Badgam

56251

8337

1

1

Leh-ladakh

57126

8788

4

1

Kargil

58739

8828

5

1

Punch

66984

9050

5

2

Rajouri

70676

10150

7

2

Kathau

73206

11236

8

2

Baramula

80571

12538

8

3

Bandipore

93168

13161

8

3

Srinagar

99432

13448

9

4