Question

In: Statistics and Probability

Solve each of the following questions using your calculator. tell me what you typed on the...

Solve each of the following questions using your calculator. tell me what you typed on the calculator. draw a picture for each problem. SHOW WORK

In a normal distribution find the data value(s) to the nearest whole number that:

i. Cuts off the bottom 35% if μ  = 97 and σ = 7

ii. Cuts off the middle 60% if μ = 110 and σ = 15

Solutions

Expert Solution

R Code :

######## I ######
c = qnorm(0.35, 97, 7)
c
Output:

######## I ######
> c = qnorm(0.35, 97, 7)
> c
[1] 94.30276

R Code:

######## II #####
a = qnorm(0.20, 110, 15)
a
b = qnorm(0.80, 110, 15)
b

Output:

> ######## II #####
> a = qnorm(0.20, 110, 15)
> a
[1] 97.37568
> b = qnorm(0.80, 110, 15)
> b
[1] 122.6243



Related Solutions

Please solve using graphing calculator. Include what is typed into calculator in your explaination. For example:...
Please solve using graphing calculator. Include what is typed into calculator in your explaination. For example: First, type the data under L1, then go to STAT --> TESTS -->TInverval. Inpt: Data (highlight the word Data) List: L1 Freq: 1 C-level .98 Calculate--> (3.54, 4.29) Show as much work as you can to support answer. In a Pew Research Center poll 745 randomly selected adults, 589 said that it is morally wrong not to report all income on tax returns. Assume...
Please tell me how to solve the following questions a) to c) using a graph. In...
Please tell me how to solve the following questions a) to c) using a graph. In particular, please elaborate on c). Cellwave is a cellular phone company. Answer the following questions relating to its pricing policies: a) When Cellwave started, it sold to a group of homogeneous retail customers. Each person’s monthly demand for cell phone minutes was given by P = $2 - 0.02Q , where P = the price per minute and Q = the quantity of minutes...
Solve the following questions by using Excel formula. Show me your data 1-      If you deposit...
Solve the following questions by using Excel formula. Show me your data 1-      If you deposit $20,000 in a bank account that pays 15% interest annually, how much will be in your account after 6 years? 2-      If you are planning to invest your money today in a secuirty that pay you $5,000,000 in 15 years with rate of return on your investment of 10% annually. How much you should invest? 3-      What's the future value of 7%, 7-year ordinary...
Interview a middle-aged adult, using the following questions: Tell me about a high point in your...
Interview a middle-aged adult, using the following questions: Tell me about a high point in your life. Tell me about a low point in your life. Tell me about a turning point in your life. What are some important events that occurred in your childhood, adolescence, and adulthood? In one paragraph summarize the responses from the interview. In the second paragraph compare the responses to research in the text and discuss the following questions: Were life experiences generally positive or...
Please tell me how to solve the following questions 1 to 5. Problem statement: Gina Picaretto...
Please tell me how to solve the following questions 1 to 5. Problem statement: Gina Picaretto is production manager at the Rich Manufacturing Company. Each year her unit buys up to 100,000 machine parts from Bhagat Incorporated. The contract specifies that Rich will pay Bhagat its production costs plus a $5 markup (cost-plus pricing). Currently, Bhagat’s costs per part are $10 for labor and $10 for other costs. Thus the current price is $25 per part. The contract provides an...
can you tell me how to solve hardy cross method with two loops using an excel...
can you tell me how to solve hardy cross method with two loops using an excel spreadsheet
Can you please tell me what more information I need to provide to solve below problem?...
Can you please tell me what more information I need to provide to solve below problem? 1. Find out below using R Hints: Use iris dataset from R (built in data set in R) a) Create a new data frame called virginica.versicolor (that only contains these two species) the command I used: virginica.versicolor <- iris[iris$Species %in% c("versicolor", "virginica"), ] b) What is your null hypothesis regarding sepal lengths for the two species (virginica.versicolor) ? And what is your alternate hypothesis?...
As you begin your clinical rotation, can you tell me what you expect from your clinical...
As you begin your clinical rotation, can you tell me what you expect from your clinical site?
In your own words, what is intersectionality? Tell me how you would apply intersectionality to your...
In your own words, what is intersectionality? Tell me how you would apply intersectionality to your own life and experiences?
Using the BAII Plus calculator I am having a difficult time using this calculator to solve...
Using the BAII Plus calculator I am having a difficult time using this calculator to solve this MIRR 0 =-325,000 1=50,000 2= 75,000 3=-60,000 4=225,000 5=300,000 Required rate of return =15% We discount all negative CFs(at 15%) time 0 We compound all positive cash flows (at 15%) to 5 years This is now the TV or Terminal Value Please help me understand how to calculate these numbers?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT