# Question

The file P02_07.xlsx includes data on 204 employees at the (fictional) company Beta Technologies. For this problem, consider this data set as the population frame.

a. Using the method in this section (not StatTools), generate a simple random sample of size 20 from this population.

b. Use StatTools to generate 10 simple random samples of size 20 from this population.

c. Calculate the population mean, median, and standard deviation of Annual Salary. Then calculate the sample mean, median, and standard deviation of Annual Salary for each of the samples in parts a and b. Comment briefly on how they compare to each other and the population measures.

a. Using the method in this section (not StatTools), generate a simple random sample of size 20 from this population.

b. Use StatTools to generate 10 simple random samples of size 20 from this population.

c. Calculate the population mean, median, and standard deviation of Annual Salary. Then calculate the sample mean, median, and standard deviation of Annual Salary for each of the samples in parts a and b. Comment briefly on how they compare to each other and the population measures.

## Answer to relevant Questions

The file P07_02.xlsx contains data on the 1995 students who have gone through the MBA program at State University. You can consider this the population of State University’s MBA students. a. Find the mean and standard ...A manufacturing company’s quality control personnel have recorded the proportion of defective items for each of 500 monthly shipments of one of the computer components that the company produces. The data are in the file ...The file P07_14.xlsx contains a very small population of only five members. For each member, the height of the person is listed. The purpose of this problem is to let you see exactly what a sampling distribution is. Find the ...The manager of a local fast-food restaurant is interested in improving the service provided to customers who use the restaurant’s drive-up window.As a first step in this process, the manager asks an assistant to record the ...A market research consultant hired by a leading soft drink company wants to determine the proportion of consumers who favor its low-calorie brand over the leading low-calorie competitor in a particular geographic region. A ...Post your question

0