Essentials of Business Analytics (MindTap Course List)
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN: 9781305627734
Author: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher: Cengage Learning
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Chapter 6, Problem 1P

The American League consists of 15 baseball teams. Suppose a sample of 5 teams is to be selected to conduct player interviews. The following table lists the 15 teams and the random numbers assigned by Excel’s RAND function. Use these random numbers to select a sample of size 5.

Chapter 6, Problem 1P, The American League consists of 15 baseball teams. Suppose a sample of 5 teams is to be selected to

Expert Solution & Answer
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To determine

Select a random sample size 5.

Answer to Problem 1P

The simple random sample consists of Team Ne, Team De, Team Oa, Team Bo, and Team Ka.

Explanation of Solution

The ascending order of random number is given below:

TeamRandom Number
Ne0.178624
De0.253574
Oa0.288287
Bo0.290197
Ka0.326836
Te0.500879
Ch0.562178
Ba0.57837
Ho0.713682
Mi0.81181
Se0.839071
Ta0.867778
Lo0.895267
To0.965807

The simple random sample consists of least 5 random numbers.

Therefore, the simple random sample of size 5 is Team Ne, Team De, Team Oa, Team Bo, and Team Ka

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Chapter 6 Solutions

Essentials of Business Analytics (MindTap Course List)

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