A realtor is displaying the histogram below, which summarizes the percentage appreciation in value (over the past five years) for eadch of a random sample of 25 houses in Newburg Park. Relative frequency 04 0.32 02 02 02 .16 0.12 0.- 10 20 Appreciation (in percent) 30 40 Based on the histogram, draw the grve (the cumulative relative frequency palygon) for the sample data. Cumulative relative frequency 0.6 0.4 0.2 0.00 0.00 0.00 10 20 30 40 50 Appreciation (in percent)
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- Suppose that historically, the proportion of people who trade in their old car to a car dealer when purchasing a new car is 48%. Over the previous six months, in a sample of 115 new car buyers, 46 have traded in their old car. To determine whether the proportion of new car buyers that trade in their old car has  statistically significantly decreased, what is the P value? (please round your answer to four decimal places)Along with interest rates, life expectancy is a component in pricing financial annuities. Suppose that you know that last year average life expectancy was 77 years for your annuity holders. Now you want to know if your clients this year have a longer life expectancy, on average, so you randomly sample n=20 of your recently deceased annuity holders to see actual age at death. Using a 5% level of significance, test whether or not the new data shows evidence of your annuity holders now live longer than 77 years, on average. The data below are the sample data (in years of life): (78,75,83,81,81,77,78,79,79,81,76,79,77,76,79,81,73,74,78,79) Does this sample indicate that life expectancy has increased? Test an appropriate hypothesis and state your conclusion (use a 5% level of significance). Be sure to check the necessary assumptions and conditions before conducting your test. Construct A 90% confidence interval for the true average age of death for the…Suppose that historically, the proportion of people who trade in their old car to a car dealer when purchasing a new car is 48%. Over the previous 6 months, in a sample of 115 new-car buyers, 46 have traded in their old car. To determine whether the proportion of new car buyers that trade in their old car has statistically significantly decreased, what is the p-value? (please round your answer to 4 decimal places)
- A 2017 survey of over 5,000 college graduates found that the average graduated from a four-year college or university had an average student loan debt of $28,650 (s.d. = $3,280). Assuming that educational debt is normally distributed, calculate the percentile rank of a recent graduate who graduated with $35,636 in education-related debt.Calculate the coefficient of alienation. Predict the Y score for someone who obtains an X score of 6. If the prediction is wrong, by how much do you expect it to be wrong?with 99% confidence, the potential future investment return will fall in approximately ____ standard deviation
- Find the expected value for the monthly income#a. Does the t test indicate a significant relationship between price and the overall score? Compute the value of the t test statistic. Use x=0.05The survival curve below was constructed from a study that followed 7 individuals being treated with prednisone for inflammatory conditions over a period of 8 months. Assuming the event described is the point in time the individuals developed prednisone-induced hypertension and those individuals who made it to 8 months concluded the study without prednisone-induced hypertension, calculate and interpret the proportion of individuals who suffered from prednisone-induced hypertension at the end of the study. A) 14.3% of individuals in the study did not develop prednisone-induced hypertension. B) 14.3% of individuals in the study did not develop prednisone-induced hypertension during the time frame in which the study was being conducted. C) 85.7% of individuals in the study did not develop prednisone-induced hypertension. D) 85.7% of individuals in the study did not develop prednisone-induced hypertension during the time frame in which the study was being conducted.
- After you determine the mean annual return, how do you find the standard deviation?In the first quarter of 2017, the average mortgage for first time buyers was R910,000. Assuming a normal distribution and a standard deviation of R50,000. What proportion of mortgages were between R890,000 and R990,000 (rounded off to three decimals)?Is there a significant relationship between income and the level of work adjustment of the individual with hearing impairment? Use a=0.05 level of significance and n = 32. What is the computed r – value?