The following measurements were recorded for the drying time, in hours, of a certain brand of latex
Question:
Assume that the measurements are a simple random sample.
(a) What is the sample size for the above sample?
(b) Calculate the sample mean for this data.
(c) Calculate the sample median.
(d) Plot the data by way of a dot plot.
(e) Compute the 20% trimmed mean for the above data set.
Transcribed Image Text:
3.4 25 4.8 2.9 3.6 2.8 3.3 5.6 3.7 28 4.4 4.0 5.2 3.0 4.8
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (5 reviews)
a 15 b x 115 34 25 48 48 3787 c Sample median is the 8th value after th...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Probability & Statistics For Engineers & Scientists
ISBN: 9780131877115
8th Edition
Authors: Ronald E. Walpole, Raymond H. Myers, Sharon L. Myers, Keying Ye
Question Posted:
Students also viewed these Statistics questions
-
The mean life of a certain brand of auto batteries is 44 months with a standard deviation of 3 months. Assume that the lives of all auto batteries of this brand have a bell-shaped distribution. Using...
-
A maker of a certain brand of low-fat cereal bars claims that their average saturated fat content is 0.5 gram. In a random sample of 8 cereal bars of this brand the saturated fat content was 0.6....
-
A food inspector examines 16 jars of a certain brand of jam to determine the percent of foreign impurities. The following data were recorded. Using the normal approximation to the binomial...
-
Suppose that a 20-year bond pays $4 coupon once a year, and its yield rate is 6%. The bond has write-down of $0.49 for the first year. Calculate the write-down amount for the third year. Round the...
-
A survey of 36 randomly selected iPhone owners showed that the purchase price has a mean of $416 with a sample standard deviation of $180. a. Compute the standard error of the sample mean. b. Compute...
-
There are a number of paradoxes (a statement that appears to be true and false at the same time) associated with infinite sets and the concept of infinity. One of these, called Zenos Paradox, is...
-
What is prescriptive analytics?
-
Easton Co. produces its product through a single processing department. Direct materials are added at the start of production, and direct labor and overhead are added evenly throughout the process....
-
Ali & Co. is a manufacturing business. The following information relates to the year ended 30 April 2005. Direct material Direct labour Factory overheads Work in progress, 1 May 2004 Work in...
-
The Production manager of the Good Time Wine Rack Company is retiring and the Managing Director is looking to replace her. You are preparing a work schedule as youare hoping to be offeredthe position...
-
Consider the vehicle suspension problem in Example 13.1.1. Suppose the amplitude of variation of the road surface is 5/8 in. Determine a set of values for the suspension's stiffness k and damping c...
-
Consider the data in Exercise 1.5. Compute the sample variance and the sample standard deviation for both the control and treatment groups. In Exercise 1.5 Control group: 7 3 -4 4 2 5 22 7 9...
-
Repeat Problem 7.3.4 with n = 21 and 2 = 32. Problem 7.3.4 Consider a sample X1,..., Xn of normally distributed random variables with variance 2 = 5. Suppose that n = 31. (a) What is the value of c...
-
Copy the figures in Problems 13-20 on your paper. Draw what you think is an appropriate tangent line for each curve at the point \(P\) by using the secant method. d
-
The graph in Figure 18.20 shows company output as a function of the number of workers. In Problems 9-12, find the average rate of change of output for the given change in the number of workers....
-
Find the antiderivative by using areas in Problems 9-22. \(\int d x\)
-
An election with three candidates has the following rankings: a. Is there a majority? If not, who wins the plurality vote? b. Who wins using the Borda count method? c. Does the Borda method violate...
-
Find the antiderivative by using areas in Problems 9-22. \(\int(x+5) d x\)
-
A total of 322 bolts are in two containers. The ratio of the number of bolts in the first container to the number in the second container is 5/9. How many are in each container?
-
The text defined intrinsic value as the value of an asset given a hypothetically complete understanding of the assets investment characteristics. Discuss why hypothetically is included in the...
-
Suppose that mi allergist wishes to test the hypothesis that at least 30% of the public is allergic to some cheese products. Explain how the allergist could commit (a) A type I error; (b) A type...
-
A sociologist is concerned about the effectiveness of a training course designed to get more drivers to use seat, belts in automobiles. (a) What hypothesis is she testing if she commits a type I...
-
A large manufacturing firm is being charged with discrimination in its hiring practices. (a) What hypothesis is being tested if a jury commits a type I error by dueling the firm guilty? (b) What...
-
Marea's Cakes sells its cakes for $30 each. Ingredients cost Marea on average $10 per cake and she pays her baker $10 per cake. For the upcoming year, Marea's fixed costs will be $50,000 and she...
-
The statement of cash flow consists of three main activities, as follows: Operating Investing Financing Each section provides the reader with details on where the cash came from and where the cash...
-
How would i calculate the desired ROI per unit based on this information: $65Per Unit Direct Materials $48.00Per Unit Direct Labour $16.00Per Unit Variable Manufacturing Overhead $12.00Per Unit...
Study smarter with the SolutionInn App