Introduction to Probability and Statistics
14th Edition
ISBN: 9781133103752
Author: Mendenhall, William
Publisher: Cengage Learning
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Textbook Question
Chapter 1.3, Problem 1.4E
Discrete or Continuous? Identify each quantitaive variable as discrete or continuous.
a. Number of boating accidents along a 50—mile stretch ot the Colorado River
b. Time required to complete a questionnaire
c. Cost ot a head of lettuce
d. Number of brothers and sisters you have
e. Yield in kilograms of wheat from a 1 —hectare plot in a wheat fIeld
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Introduction to Probability and Statistics
Ch. 1.3 - Experimental Units Identify the experimental units...Ch. 1.3 - Qualitative or Quantitative? Identify each...Ch. 1.3 - Discrete or Continuous? Identify the following...Ch. 1.3 - Discrete or Continuous? Identify each quantitaive...Ch. 1.3 - Parking on Campus Six vehicles are selected from...Ch. 1.3 - Past U.S. Presidents A data set consists of the...Ch. 1.3 - Voter Attitudes You are a candidate for your state...Ch. 1.3 - Cancer Survival Times A medical researcher wants...Ch. 1.3 - New Teaching Methods An educational researcher...Ch. 1.3 - Fifty people are grouped into four categrires A,...
Ch. 1.3 - Jeans A manufacturer of jeans has plants in...Ch. 1.3 - Prob. 1.12ECh. 1.3 - Want to Be President? Would you want to be the...Ch. 1.3 - Facebook Fanatics The social networking site...Ch. 1.3 - Back to Work How long does it take you to adjust...Ch. 1.5 - Construct a stem and leaf plot for these 50...Ch. 1.5 - Refer to Exercise 1.16. Construct a relative...Ch. 1.5 - Prob. 1.18ECh. 1.5 - A discrete variable can take on oniy the values 0....Ch. 1.5 - Prob. 1.20ECh. 1.5 - Prob. 1.21ECh. 1.5 - Prob. 1.22ECh. 1.5 - Cheeseburgers Create a dotplot for the number of...Ch. 1.5 - Prob. 1.24ECh. 1.5 - Prob. 1.25ECh. 1.5 - Prob. 1.26ECh. 1.5 - Education Pays Off! Education pays off, according...Ch. 1.5 - Preschool The ages (in months) at which 50...Ch. 1.5 - Prob. 1.29ECh. 1.5 - Prob. 1.30ECh. 1.5 - Prob. 1.31ECh. 1.5 - Prob. 1.32ECh. 1.5 - Prob. 1.33ECh. 1.5 - RBC Counts The red blood cell count of a healthy...Ch. 1.5 - Prob. 1.35ECh. 1.5 - Prob. 1.36ECh. 1.5 - Hazardous Waste How safe is your neighborhood? Are...Ch. 1 - Quantitative or Qualitative? Identify each...Ch. 1 - Symmetric or Skewed? Do you expect the...Ch. 1 - Continuous or Discrete? Identify each variable as...Ch. 1 - Prob. 1.41SECh. 1 - Continuous or Discrete, again Identify each...Ch. 1 - Aqua Running Aqua running has been suggested as a...Ch. 1 - Prob. 1.44SECh. 1 - Ages of Pennies We collected 50 pennies and...Ch. 1 - Prob. 1.46SECh. 1 - Presidential Vetoes Here is a list of the 44...Ch. 1 - Prob. 1.48SECh. 1 - Prob. 1.49SECh. 1 - Prob. 1.50SECh. 1 - Prob. 1.51SECh. 1 - Prob. 1.52SECh. 1 - Prob. 1.53SECh. 1 - Student Heights The self-reported heights of 105...Ch. 1 - Prob. 1.55SECh. 1 - Pulse Rates A group of 50 biomedical students...Ch. 1 - Prob. 1.57SECh. 1 - Prob. 1.58SECh. 1 - Prob. 1.59SECh. 1 - Prob. 1.60SECh. 1 - Prob. 1.61SECh. 1 - Old Faithful The data below are the wailing times...Ch. 1 - Prob. 1.63SECh. 1 - Prob. 1.64SECh. 1 - Prob. 1.65SECh. 1 - The number of Starhucks coffee shops in cities...Ch. 1 - What’s Normal? The 98.6 degree standard for human...
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- Continued This is a continuation of Exercise 13. As we saw earlier, the stock turnover rate of an item is the number of times that the average inventory of the item needs to be replaced as a result of sales in a given time period. Suppose that a hardware store sells 80 shovels each year. a. Suppose that the hardware store maintains an average inventory of 5 shovels. What is the annual stock turnover rate for the shovels? How is this related to the yearly number of orders to the wholesaler needed to restock inventory? b. What would he the annual stock turnover rate if the store maintained an average inventory of 20 shovels? c. Write a formula expressing the annual stock turnover rate as a function of the average inventory of shovels, identify the function and the variable, and state the units.arrow_forwardStock Turnover at Retail In retail sales, an important marker of retail activity is the stock turnover at retail. This figure is calculated for a specific period of time as the total net sales divided by the retail value of the average stock during that time, where both are measured in dollars. As a formula, this is written Stockturnover=NetsalesAveragestockatretail. This formula expresses stock turnover as a function of net sales and average stock at retail. a. Suppose that your store had net sales of 682, 000 in mens shoes over the past six months and that the retail value of the average stock of mens shoes was 163, 000. What was the stock turnover at retail for that time period? b. Suppose that in a certain month, your stores net sales of womens dresses were 83, 000 and that the usual stock turnover at retail is 0.8 per month. What do you estimate to be your stores average stock at retail? c. Solve the equation for average stock at retail- that is, write a formula giving average stock at retail as a function of stock turnover and net sales. d. Suppose that in a certain time period, your store had an average stock of socks with a retail value of 45, 000 and a stock turnover at retail of 1.6. What were the stores net sales of socks during that time period? e. Solve the equation for net sales- that is, write a formula giving net sales as a function of stock turnover and average stock at retail.arrow_forwardThe Truth in Lending Act Many lending agencies compound interest more often than yearly, and, as we noted in Example P.2, they are required to report the annual percentage rate, or APR, in a prominent place on the loan agreement. Furthermore, they are required to calculate the APR in a specific way. If r is the monthly interest rate, then APR is calculated using APR=12r. a. Suppose a credit card company charges a monthly interest rate of 1.9%. What APR must the company report? b. The phrase annual percentage rate leads some people to believe that if you barrow 6000 from a credit card company that quotes an APR of 22.8%, and if no payments are made, then at the end of 1 year, the interest would be calculated as 22.8% simple interest on 6000. How much would you owe at the end of a year if interest is calculated in this way? c. If Interest is calculated monthly which is common, then the actual amount you would owe in the situation of part b is given by 60001.01912. What is the actual amount you would owe at the end of a year?arrow_forward
- Running Speed A man is running around a circular track that is 200 m in circumference. An observer uses a stopwatch to record the runners time at the end of each lap, obtaining the data in the following table. aWhat was the mans average speed rate between 68 s and 152 s? bWhat was the mans average speed between 263 s and 412 s? cCalculate the mans speed for each lap. Is he slowing down, speeding up or neither? Time s Distance m 32 200 68 400 108 600 152 800 203 1000 263 1200 335 1400 412 1600arrow_forwardAverage Traffic Spacing The headway h is the average time between vehicles. On a highway carrying an average of 500 vehicles per flour, the probability P that the headway is at least t seconds is given by P=0.87t. a. What is the limiting value of P? Explain what this means in practical terms. b. The headway h can be calculated as the quotient of the spacing f, in feet, which is the average distance between vehicles, and the average speed v, in feet per second, of traffic. Thus, the probability that spacing is at least f feet is the same as the probability that the headway is at least f/v seconds. Use function composition to find a formula for the probability Q that the spacing is at least f feet. Note: Your formula will involve both f and v. c. If the average speed is 88 feet per second 60 miles per hour, what is the probability that the spacing between two vehicles is at least 40 feet?arrow_forward
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