The Brooklyn District Attorney's office analyzed the leading (leftmost) digits of check amounts in order to identify
Question:
a. If there is a 30.1% chance that the leading digit of the check amount is 1, what is the expected number of checks among 784 that should have a leading digit of 1?
b. Assume that groups of 784 checks are randomly selected. Find the mean and standard deviation for the numbers of checks with amounts having a leading digit of 1.
c. Use the results from part (b) and the range rule of thumb to identify the values that are significantly low.
d. Given that the 784 actual check amounts had no leading digits of 1, is there very strong evidence that the suspect checks are very different from the expected results? Why or why not?
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Related Book For
Mathematical Interest Theory
ISBN: 9781470465681
3rd Edition
Authors: Leslie Jane, James Daniel, Federer Vaaler
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