Cash-back offer from April 14th to 21st, 2024: Get a flat 10% cash-back credited to your account for a minimum transaction of $50.Post Your Questions Today!

Question DetailsNormal
$ 15.00

STAT 230 Week 8 Quiz 2 | Complete Solution

Question posted by
Online Tutor Profile
request

Quiz #2
`Name________________________ Section No. _____________
(5%)

1. A pollster selected 3 of 8 available people. How many different groups of 3 are possible?

10%
2. Your firm has a contract to make 2000 staff uniforms for a fast –food retailer. The heights of the staff are normally distributed with a mean of 70 inches and a standard deviation of 3 inches. What percentage of uniforms will have to fit staff shorter than 67inches? What percentage will have to be suitable for staff taller than 76 inches.?
a) 16% & 2.5%
b) 68% & 95%
c) 32% & 5%

(15%)
3. The industry standards suggest that 10% of new vehicles require warranty service within the first year. A dealer sold 15 Nissans yesterday. Use equation for Binomial Probability for part a) and Table II for part b) & c). Show work!
a) What is the probability that none of these vehicles requires warranty service? Use the Binomial equation for P(X=0).
b) What is the probability that exactly one of these vehicles requires warranty service?
c) Determine the probability 2 or more of these vehicles require warranty service.
d) Compute the mean and std. dev. of this probability distribution.

(15%)
4. Allen & Associates write weekend trip insurance at a very nominal charge. Records show that the probability a motorist will have an accident during the weekend and will file a claim I quite small (.0005). Suppose Alden wrote 400 policies for the forthcoming weekend. Compute the probability that exactly two claims will be filed using the equation
for Poisson Probability.
Note: The symbol λ is the mean (expected value) which we used as μ = np. So λ is nothing more than the mean number of occurrences (successes = np) in a particular interval.
Get the probability that the number of claims is 0, 1, 3 & 4 from Poisson Tables.

(10%)
5. Given a standard normal distribution, determine the following. Show Table Values
used in each part.
a) P(Z<1.4)
b) P(Z>1.4)
c) P(Z< -1.4)
d) P( - 0.50
e) P(0.50

15%
6. A company is considering offering child care for their employees. They wish to
estimate the mean weekly child-care cost of their employees. A sample of 10 employees
reveals the following amounts spent last week in dollars.
100 99 90 102 105 95 97 94 99 104
Develop a 90% confidence interval for the population mean. Interpret the result.
x =??, S=??, t / 2
=??, Range of  = (??)

15%
7. The National Safety Council reported that 56 % of American turnpike drivers are
men. A sample of 256 cars traveling southbound on the New Jersey Turnpike
yesterday revealed that 165 were driven by men. At the .01 significance level, can we
conclude that a larger proportion of men were driving on the New Jersey Turnpike
than the national statistics indicate? First, state H0 & Ha
HO: ??, Ha: ??
a) Is this a Z or t test?
b) Test Statistic = ?
c) Critical value = ?
d) p-value = ?
e) Reject Ho: (yes or no)

15%
8. Given the hypothesis: H0: μ≥20 & Ha: μ<20, a random sample of five resulted in
the following values: 18, 15, 12, 19, & 21. Using the .01 significance level, can we
conclude the population mean is less than 20?
a) Is this a Z or t test?
b) Test statistic = ?
c) Critical value = ?
d) Reject Ho: (yes or no)

Available Answer
$ 15.00

[Solved] STAT 230 Week 8 Quiz 2 | Complete Solution

  • This Solution has been Purchased 30 time
  • Average Rating for this solution is A+
  • Submitted On 22 Feb, 2015 06:52:36
Answer posted by
Online Tutor Profile
solution

a) P (Z<1.4) = 0.9192
b) ...

Buy now to view the complete solution
Other Similar Questions
User Profile
Exper...

STAT 230 Final Examination Summer 2015 OL1/US1 | Complete Solution

Answers: (a) True (b)False, enough information is not given to find P(A and B) (c) True (d) False (e) True Work for (a), (b), (c), (d) and (e): (a) Difference between mean and the point will be zero and hence the variance...
User Profile
Exper...

STAT 230 OL4 / US2 Sections Final Exam Spring 2015 | Complete Solution

10.It is impossible to tell using only the given information. 11.It is impossible to tell using only the given information. 12.Probability that a randomly selected junior is taking at least one of these two courses = number ...
User Profile
Exper...

STAT 230 Quiz Help Requested

Here, • There are fixed number of independent trials (number of women) • There are two outcomes of every events (abused or not) • The probability of success (not abused) is fixed in trial to trial So all con...

User Profile
Edna

STAT 230 Quiz Help Requested

Please find answers in the file attached. There is one item that has no question.It is item number 9. You may message me for clarifications.Please notify me if you got the question and i will append the tutorial. Thanks....
User Profile
Homew...

STAT 230 OL1 Sections Final Exam | Complete Solution All Work Shown

Answer: Both Work:Both of the cities has median as 85. As median is the middle most value so half of the values for both the cities are more than 85 indicating that they have equal percentage of households with values $85,...

The benefits of buying study notes from CourseMerits

homeworkhelptime
Assurance Of Timely Delivery
We value your patience, and to ensure you always receive your homework help within the promised time, our dedicated team of tutors begins their work as soon as the request arrives.
tutoring
Best Price In The Market
All the services that are available on our page cost only a nominal amount of money. In fact, the prices are lower than the industry standards. You can always expect value for money from us.
tutorsupport
Uninterrupted 24/7 Support
Our customer support wing remains online 24x7 to provide you seamless assistance. Also, when you post a query or a request here, you can expect an immediate response from our side.
closebutton

$ 629.35