Please help me to explain why we can get that answer. Thank you! Questions 16– 17. The data in the following table show the results of a survey on the number ofchildren living in a household.Number of childrenFrequencyCumulative Frequency121212638280118334152420172518190619620016.The median number of children living in a household is(a) 1(b) 1.5V(c) 2(d) 2.5(е) 3Suppose an additional household is surveyed (that is, the above survey contains one morehousehold) and this household has 15 children living inside.17.Which one of the followingstatements is true?The mode number of children living in a household will change.(b) The median number of children living in a household will change.The 80h percentile on the number of children living in a household will change.(a)(c)V(d) The standard deviation on the number of children living in a household will change.All of the above are true.(e)

We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Answered: Questions 16– 17. The data in the…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

A wedding photographer made $500 on average in the 5 years it has been operational. Asample of 12 months were analyzed and it was found that he made an average of $620.i. Does the value $500 refer to the parameter or to the statistic? ii. Is the value $620 a parameter or a statistic? iii. State two advantages of using a sample statistic rather than a parameter.
Residents in one housing development were asked a series of questions by their homeowners’ association. Identify the type of data for each question.a. Did you play golf during the last month on the development’s new golf course?b. How many times have you eaten at the country club restaurant during the last month?c. Do you own a camper?d. Rate the new security system for the development (very good, good, poor, or very poor).
here is a 2 question and data to answer this question.
This is for exercises. a. Interpret the data.
In a study aimed at creating reference values, abdominal circumference (measured in cm) was measured in adult men. It was found that the relationship to age could be described as abdominal circumference = 82 + 0.3 x age a) What is the analysis that produces such a formula called? b) At what age is the average abdominal circumference 100 cm?
How does the speed of a runner vary over the course of a marathon (a distance of 42.195 km)? Consider determining both the time to run the first 5 km and the time to run between the 35-km and 40-km points, and then subtracting the former time from the latter time. A positive value of this difference corresponds to a runner slowing down toward the end of the race. The accompanying histogram is based on times of runners who participated in several different Japanese marathons (“Factors AffectingRunners' Marathon Performance,” Chance, Fall, 1993: 24-30). What are some interesting features of this histogram? What is a typical difference value? Roughly what proportion of the runners ran the late distance more quickly than the early distance? Histogram for Exercise 22
f3. Subject :- Echonomic
In a sample of 20 students, 7 are economics majors, 4 are psychology majors, 6 are math majors and 3 are English majors. What is the relative frequency of English majors? Group of answer choices 0.20 3 4 0.15 thanks
What is the lowest level of measurement for the data where the mode could bedetermined?A. NominalB. OrdinalC. IntervalD. Ratio Consider a data set of 11 distinct measurements with mean equal to A and median equalto B. If the highest value was decreased to a value smaller than the median B, how wouldthe mean and median be affected?A. The mean and median will both decrease.B. The mean and median will not change.C. The mean will not change and the median will decrease.D. The mean will decrease and the median will not change. What is one distinction between a parameter and a statistic?A. A parameter is only based on conceptual measurements, but a statistic is basedon a combination of real and conceptual measurements.B. A statistic changes every time you try to measure it (using different samples), but aparameter remains fixed.C. A parameter changes each time you try to measure it, but a statistic remains fixedacross samples.D. The true value of a statistic can never be known but the true…
The question is #1
could you please provide the maths used to detemine the answers in parts 4 and 5
I need help with questions 6 through 10. I do not understand how to read the graph based on the questions asked.

SEE MORE QUESTIONS

Recommended textbooks for you

ENGR.ECONOMIC ANALYSIS

Economics

ISBN:

9780190931919

Author:

NEWNAN

Publisher:

Oxford University Press

Principles of Economics (12th Edition)

Economics

ISBN:

9780134078779

Author:

Karl E. Case, Ray C. Fair, Sharon E. Oster

Publisher:

PEARSON

Engineering Economy (17th Edition)

Economics

ISBN:

9780134870069

Author:

William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

Publisher:

PEARSON

ENGR.ECONOMIC ANALYSIS

Economics

ISBN:

9780190931919

Author:

NEWNAN

Publisher:

Oxford University Press

Principles of Economics (12th Edition)

Economics

ISBN:

9780134078779

Author:

Karl E. Case, Ray C. Fair, Sharon E. Oster

Publisher:

PEARSON

Engineering Economy (17th Edition)

Economics

ISBN:

9780134870069

Author:

William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

Publisher:

PEARSON

Principles of Economics (MindTap Course List)

Economics

ISBN:

9781305585126

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

Managerial Economics: A Problem Solving Approach

Economics

ISBN:

9781337106665

Author:

Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:

Cengage Learning

Managerial Economics & Business Strategy (Mcgraw-…

Economics

ISBN:

9781259290619

Author:

Michael Baye, Jeff Prince

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS