INTRODUCTORY STATISTICS ECON1005
Assessment 2: Problem Set #1
Question 1
A researcher asked 25 customers: “How much would you pay for a television adapter with Internet Access?” Their grouped responses are as follows:
Class Interval |
Freq |
0-99 |
2 |
100-199 |
2 |
200-249 |
3 |
250-299 |
3 |
300-349 |
6 |
350-399 |
3 |
400-499 |
4 |
500-999 |
2 |
a) Calculate the mean of the dataset
b) Calculate the variance of the dataset
Question 2
A researcher is interested in whether or not University students study for 10 hours or more a week. A sample of 100 students is taken.
You are given the following set of information:
· the probability that a randomly selected student from a University is a female is 0.55
· the probability that a student studies for 10 hours or more a week is 0.60
· given that the student selected studies 10 hours or more a week, the probability that this student is male is 0.4
Use this information to fill in the Table below.
|
Studies 10 hours or more a week |
Does not study 10 hours or more a week
|
Male |
|
|
Female |
|
|
|
|
|
|
|
|
Question 3
A random sample of 80 lawyers was taken, and they were asked if they are in favour of or against capital punishment. The following table gives the two-way classification of their responses.
|
Favours Capital Punishment |
Opposes Capital Punishment |
Male |
32 |
24 |
Female |
13 |
11 |
|
|
|
|
|
|
a) If one lawyer is selected at random from this group, find the probability that this lawyer:
i) Opposes capital punishment given that the lawyer is a female
ii) Is a female and favours capital punishment
iii) Opposes capital punishment or is a male
b) Are the events “female” and “opposes capital punishment” mutually exclusive?
Explain why or why not.
Solution
c) Are the events “female” and “opposes capital punishment” independent? Explain why or why not.
We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreThe Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.
Read moreThe Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.
Read moreThe Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.
Read moreBy placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.
Read more