Consider the dollar value (in thousands) of gifts returned to each of your department stores after the
Question:
a. Compute the sample standard deviation.
b. Interpret the standard deviation in a paragraph discussing the variation from one store to another.
Transcribed Image Text:
TABLE 5.5.9 Gifts Returned $ thousands) Store Returned 13 8 36 18 21
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (4 reviews)
a The standard deviation is 109 b St...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
Compute the sample standard deviation in tensile strength for the samples separately for the two temperatures. Does it. appear as if an, increase in temperature influences the variability m (ensile...
-
Compute the sample standard deviation of the following test scores: 78, 78, 78, 78. What can be said about a data set in which all the values are identical?
-
For Exercise 1.6, compute the sample standard deviation in tensile strength for the samples separately for the two temperatures. Does it, appear as in an increase in temperatures influences the...
-
Find the value of each. If a limit does not exist, state DNE. y = g(x) a) lim g(x) = z-1+ m lim g(x)= z-1- lim g(x)= 241 b) g(1) = c) Is g continuous at x =1 Select an answer d) lim g(x) = 24-2 No,...
-
A car rental agency currently has 44 cars available, 28 of which have a GPS navigation system. One of the 44 cars is selected at random. Find the probability that this car a. Has a GPS navigation...
-
Sales for the year were $400,000. The Accounts Receivable balance was $50,000 at the beginning of the year and $65,000 at the end of the year. Compute the average collection period using (1) The...
-
Your uncle has given you a bond that will pay $\$ 500$ at the end of each year forever into the future. If the market yield on this bond is $8.25 \%$, how much is it worth today?
-
In Section 5.5, we showed the following two-person, zero-sum game had a mixed strategy: a. Use dominance to reduce the game to a 2 2 game. Which strategies are dominated? b. Determine the optimal...
-
Describe the basic types of coordinate transformation in CAD, and then show how these may all be calculated using matrix operations through the homogeneous coordinate with an example of matrix. How...
-
A random number generator produces numbers between 1 and 99. If the current value of the random variable is 45, then what is the probability that the next randomly generated value for the same random...
-
Consider the price of a hotel room in 20 U.S. cities (Table 5.5.8). a. Find the average price of a major-city hotel room in the United States, based on this data set. b. Find the sample standard...
-
Airline ticket prices are generally optimized for the airlines benefit, not for the consumer. On July 8, 2010, at the online travel agency www.expedia.com, the following airfares were proposed for...
-
Heres a class declaration: class Move { private: double x; double y; public: Move(double a = 0, double b = 0); // sets x, y to a, b showmove() const; // shows current x, y values Move add(const Move...
-
Show that the governing equation of motion is as follows (M + m) + ml cos 06-ml0 sin 0 where ml cos b + ml6 mgl sin 0 = 0 b) (20 pts) Linearize the equations, find the transfer functions and...
-
Consider the system shown in Figure 2.1, where H(w) is a lowpass filter with cutoff frequency at 0.27. The spectrum of x[n] is given in Figure 2.2. Assume the frequency response of the overall system...
-
Use the information provided below to prepare the Statement of Financial Position of Umran Limited as at 30 June 2022. The notes to the financial statements are not required. INFORMATION The...
-
Given an array A = [a1, a2, ..., an] of n positive integers, the goal is to determine whether A can be partitioned into two subsets B and C so that |B| ICI b E B = C EC, i=1 i=1 i.e, the summations...
-
Consider the following table. Labor Total Product 0 0 1 5 2 12 3 25 4 30 5 33 6 35 7 36 8 35 9 30 A. Draw the total product curve. B. Find the marginal product (MP) and average product (AP) for each...
-
Use the fact that a x = a y implies x = y, to solve each equation. 23x = 8-x+2
-
On April 29, 2015, Auk Corporation acquires 100% of the outstanding stock of Amazon Corporation (E & P of $750,000) for $1.2 million. Amazon has assets with a fair market value of $1.4 million (basis...
-
What are mutually exclusive events?
-
What is a joint probability table?
-
Of the 925 tires your factory just produced, 17 are defective. a. Find the probability that a randomly selected tire is defective. b. Find the probability that a randomly selected tire is not...
-
Given the function. f(x) = ln (2x+3x) Compute f'(x). Enter your answer rounded to the nearest tenth
-
A motor-cycle manufacturing company desires a profit of $600,000. The fixed costs are $800,000. The unit selling price of the motor-cycle is $750 and the variable cost per unit is $680. How many...
-
3. ZR Corporation's stock has a beta coefficient equal to 0.8 and a required rate of return equal to 11 percent. If the expected rate of return on the market is 12.5 percent, what is the risk-free...
Study smarter with the SolutionInn App