Question: The assessment rates (in percentages) assigned to a random sample of 40 commercially zoned parcels of land in the year 2012 are stored in the

The assessment rates (in percentages) assigned to a random sample of 40 commercially zoned parcels of land in the year 2012 are stored in the data file Rates.
a. What is the standard deviation in the assessment rates?
b. Approximately what proportion of the rates will be within ± 2 standard deviations of the mean?

Step by Step Solution

★★★★★

3.34 Rating (175 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a Standard deviation s of the assessment rates b The ... View full answer

Question Has Been Solved by an Expert!

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

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

488-M-S-D-A (1893).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

A random sample of 40 television viewers was asked if they had watched the current weeks American Idol show. The following data represent their responses: a. Calculate the proportion of viewers in...

A random sample of 40 business majors who had just completed introductory courses in both statistics and accounting was asked to rate each class in terms of level of interest on a scale of 1 (very...

A random sample of 40 taxpayers with adjusted gross incomes of between $ 100,000 and $ 200,000 was drawn. These taxpayers claimed an average of $ 9,922 in medical expenses for the year. Assume the...

2.24 The assessment rates (in percentages) assigned to a random sample of 40 commercially zoned parcels of land in the year 2012 are stored in the data file Rates. a. What is the standard deviation...

Measures of Central Tendency and Dispersion 1. A company owns twelve commercially zoned parcels of land. The assessment rates (in percentages) assigned to these in 2014 were 21 22 27 36 22 29 22 23...

\fThis is an electronic version of the print textbook. Due to electronic rights restrictions, some third party content may be suppressed. Editorial review has deemed that any suppressed content does...

Hello tutor Please find the attached instruction file and use the template for solving this question. If you have any question about the problem please contact me. Thanks Your Course Project...

Identify the process evaluation article that you chose and explain why you selected this example. Describe the purpose of the evaluation, the informants, the questions asked, and the results of the...

Part one :Identify the following( Just state them) Independent and dependent variables Population of interest Study sample Data-gathering instruments Brief Critical Analysis Summary Major findings...

A two-year bond pays a coupon rate of 10 percent and a face value of $1,000. (In other words, the bond pays interest of $100 per year, and its principal of $1,000 is paid off in year 2.) If the bond...

A stainless-steel sphere [k = 16 W/m C] having a diameter of 4 cm is exposed to a convection environment at 20C, h = 15 W/m2 C. Heat is generated uniformly in the sphere at the rate of 1.0 MW/m3....

AOD is a sector of a circle, centre O, radius 4cm. BOC is a sector of a circle, centre O, radius 10cm. The shaded region has a perimeter of 18cm. Find a angle AOD, in radians b the area of the shaded...

Multiple-Choice Questions 1. The primary difference between a statement of cash flows prepared in direct format and one prepared in indirect format is a. In how net cash flow from operations is...

In a recent annual report, Nike reported the following information (in millions): beginning total assets $6,821; ending total assets $7,891; beginning property, plant, and equipment $2,988 (at cost);...

PepsiCo, Inc., the parent company of Frito-Lay snack foods and Pepsi beverages, had the following current assets and current liabilities at the end of two recent years: a. Determine the (1) Current...

Public health officials believe that 98% of children have been vaccinated against measles. A random survey of medical records at many schools across the country found that, among more than 13,000...

Refer to the consolidated statements of earnings on shown below of the Campbell Soup Company annual report in the appendix. Required: a. Calculate the gross profit ratio for each of the past three...

a. What is a program trade? b. What are the various types of commission arrangements for executing a program trade and the advantages and disadvantages of each?

Determine the probability of more than 7 successes for a random variable with a Poisson distribution with parameter = 4.2.

A company receives large shipments of parts from two sources. Seventy percent of the shipments come from a supplier whose shipments typically contain 10% defectives, while the remainder are from a...

A company receives a very large shipment of mobile phones. A random sample of 22 of these mobile phones will be checked, and the shipment will be accepted if only one or none of these components do...

A publicly held corporation must publish an annual report that contains the balance sheet, income statement, statement of cash flows, statement of retained earnings, and other financial information...

There are three highways from city A to city B, three highways from city B to city C, and two highways from city C to city D. How many different highway routes ar there from city A to city D? highway...

One year ago, Peyton purchased 3,600 shares of Broncos stock for $101,124. Today, he sold those shares for $26.60 a share. What is the total return on this investment if the dividend yield is 1.9...