In: Statistics and Probability
The table below will be used for the following five questions. The table represents the mean and standard deviation graduation rates, by candidate age, for a population of flight academies. ( No more data was provided). If you only know one method to solve a problem, please don't add a comment asking for more data!
Age |
Mean Graduation Rate |
Standard Deviation |
16 |
76.6 |
1.8 |
17 |
74.2 |
1.8 |
18 |
79.5 |
1.7 |
19 |
79.6 |
2.1 |
20 |
81.2 |
2.1 |
21 |
84.2 |
2.2 |
22 |
85.5 |
2.1 |
23 |
88.5 |
1.4 |
24 |
86.5 |
1.5 |
25 |
87.7 |
1.9 |
26 |
87.8 |
1.5 |
27 |
88.1 |
1.6 |
28 |
89.8 |
1.8 |
29 |
90.1 |
1.8 |
30 |
87.8 |
2.3 |
31 |
88.3 |
2.2 |
32 |
88.3 |
1.7 |
33 |
84.5 |
1.9 |
34 |
85.1 |
1.6 |
35 |
88.1 |
1.4 |
36 |
88.2 |
1.5 |
37 |
86.5 |
1.4 |
38 |
84.5 |
1.8 |
39 |
88.8 |
1.9 |
40 |
84.4 |
1.6 |
1)A flight academy boasts it is among the top 10% for graduation rates among its 25-year old candidates. This academy’s graduation rate is 89.1 over the last two years for 25-year old candidates. Is the claim that this flight academy is in the top 10% a true statement? Explain.
2)A flight academy wants to invest in new training methods to improve its graduation rate of 18-year old candidates. This academy’s graduation rate for 18-year old candidates is 82.6 for the past ten years. Should the academy invest in the new training methods? Explain.