Question

In: Statistics and Probability

A frequency table was made on the ages of the sample of people using StatCrunch. ​Stat>Tables>Frequency....

A frequency table was made on the ages of the sample of people using StatCrunch.

​Stat>Tables>Frequency.

Ages

0 to 20

20 to 40

40 to 60

60 to 80

80 to 100

Probability

0.295

0.523

0.157

0.024

0.001

Use the TABLE ONLY to answer the following​ questions:

What is the expected age of the sample​ taken? (Round to two decimal​ places) nothing

What is the standard deviation age of the sample​ taken? (Round to two decimal​ places) nothing

Solutions

Expert Solution

SOLUTION:

From given data,

A frequency table was made on the ages of the sample of people using StatCrunch.

Ages 0 to 20 20 to 40 40 to 60 60 to 80 80 to 100
Probability 0.295 0.523 0.157 0.024 0.001

Finding Mid point:

Ages Probability P(x) Mid point (x)
0 to 20 0.295 (0+20)/2 = 10
20 to 40 0.523 (20+40)/2 = 30
40 to 60 0.157 (40+60)/2=50
60 to 80 0.024 (60+80)/2 = 70
80 to 100 0.001 (80+100)/2 = 90

What is the expected age of the sample​ taken? (Round to two decimal​ places) nothing

The expected value = E(x) =   x * P(x)

x * P(x) = (10*0.295) + (30*0.523) + (50*0.157) + (70*0.024) + (90* 0.001)

x * P(x) =28.26

What is the standard deviation age of the sample​ taken? (Round to two decimal​ places) nothing

E(x2) =   x2 * P(x) = (102*0.295) + (302*0.523) + (502*0.157) + (702*0.024) + (902* 0.001) =1018.4

Variance = E(x2) - (E(x) )2

Variance = 1018.4 - (28.26)2

Variance = 1018.4 - 798.6276

Variance = 219.7724

The standard deviation = sqrt(Variance) = sqrt(219.7724) =14.8247 14.83


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