Question: 11. You are constructing a histogram for describing the distribution of salaries for individuals who are 40 years or older, but are not yet retired.

11. You are constructing a histogram for describing the distribution of salaries for individuals who are 40 years or older, but are not yet retired.

What is on the Y-axis and X-axis?

What would be the probable shape of the salary distribution? Why?

12. Household's daily computer usage in hours is normally distributed with mean 2 and standard deviation of 0.5. What is the probability that a random household has a daily computer usage between 1.5 and 3? (Hint: You can use the Excel function NORM.DIST)

13. A test is normally distributed with a mean of 80 and a standard deviation of 15. What limits include the middle 60% of cases?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

# 45 (use Stapplet) 51,57, 59(Stapplet), 61, 69(Stapplet), 75, 80-85 52 CHAPTER 1 DATA ANALYSIS these cereal brands Between what two values 77. Birth does it her student (ed) About what percent of...

2.2 51 Summarizing Data for a Quantitative Variable Exercises Methods 11. Consider the following data. WEB 14 19 24 19 16 20 24 20 file Frequency a. b. SELF test 21 22 24 18 17 23 26 22 23 25 25 19...

PSYC 354 HOMEWORK 3 Central Tendency and Variability When submitting this file, be sure the filename includes your full name, course and section. Example: HW3_JohnDoe_354B01 Be sure you have reviewed...

E. If money is w 0.06 Since n = (2)(3) = 6 and i = = 0.03 for 2 years. 2 M = Php100,000 (1 + 0.03)6 = Php119,405.23 Abstraction (Critical Thinking) 1. If interest rate is unknown, give the formula...

Business Research MethodologyQuestion Bank 1 1. When the marketing department of an organization attempts to determine the amount of time the managers in this department spend at their computers in...

QUESTIONS TO BE ANSWER IN ENGLISH LANGUAGE a brief analysis in 200-400 words in which you do the following: Explain what methods the leaders used to measure organizational performance. Were their...

:Answer all questions. Everyone has to eventually look to the future and consider the prospects of retirement. What is the present status of retirement benefits according to the authors of the...

One. Recall an experience at work or school (or in life generally) when your perceptions (or someone else's perceptions) were later found to be distorted. The following factors distort our...

In this case study, students will be evaluated on their ability to analyze, interpret, justify, create ideas, propose viable and ethical solutions, and apply the best alternatives in the areas of...

Read the following article from the Globe and Mail on the Banks shifting their Financial Planning businesses to a Proprietary Mutual fund offering. Discuss the Pro's and Con's of this move as a...

question s: sonving a set on ninear equations ( In this question, you are supposed to use array structures. ) As industrial engineers, we often deal with a set of linear equations. Although there are...

11.15 Management has stated that it will tolerate one stockout per year. The forecast of annual demand for a particular SKU is 100,000 units, and it is ordered in quantities of 10,000 units. The lead...

12. Think of a situation where you felt particularly powerless. It must be a real event that you remember relatively well. Try to think back. What was it you imagined just before you felt powerless...

13. Try to imagine how you would feel if you had tackled the problem, the con-flict, the challenge, etc., that made you powerless in task 12, for example upstairs, confident, confident, calm,...

15. Ask yourself the following questions: What do you want to remember from your everyday experiences? These are the experiences that fill most of your life. They may take 9099% of your time. What do...