Question

In: Statistics and Probability

Answer the follow questions utilizing MS Excel and the following functions: =norm.dist(), =norm.inv(), =t.dist(), =t.dist.rt(), and/or...

Answer the follow questions utilizing MS Excel and the following functions: =norm.dist(), =norm.inv(), =t.dist(), =t.dist.rt(), and/or =t.inv()

Assume that adult women have pulse rates that are normally distributed with a mean of 74.0 beats per minute and a standard deviation of 12.5 beats per minute.

Part 1:
If 1 adult woman is randomly​ selected, find the probability that her pulse rate is between 68 beats per minute and 80 beats per minute.
The probability is 36.88%. correct
​(Round answer to nearest hundredth of a percent - i.e. 23.34%)

Part 2:
If 16 adult women are randomly​ selected, find the probability that they have pulse rates with a mean between 68 beats per minute and 80 beats per minute.
The probability is ______?______
​(Round answer to nearest hundredth of a percent - i.e. 23.34%

Solutions

Expert Solution

Since adult women have pulse rates that are normally distributed with a mean of 74.0 beats per minute and a standard deviation of 12.5 beats per minute.

Part 1. To find the probability between 68<X<80 we need to find Z score at both X as

and at X=80

So, P(68<X<80)=P(-0.48<Z<0.48)

=P(Z<0.48)-P(Z<-0.48)

The respective probability is calculated using the Z score table or by excel tool formula =NORM.DIST(80,74,12.5,TRUE)-NORM.DIST(68,74,12.5,TRUE)

=0.3688

=36.88%

Part2. If 16 adult women are randomly selected,

The probability that they have pulse rates with a mean between 68 beats per minute and 80 beats per minute.

Since n=16 which is less than 30 hence t distribution is applicable here as

at X=68

and at X=80

Using Excel formula as

=T.DIST(1.92,15,TRUE)-T.DIST(-1.92,15,TRUE)

=0.9259

=92.59%


Related Solutions

MS Project 2016 These Questions are about MS Project 2016. Answer the questions: 1. How to...
MS Project 2016 These Questions are about MS Project 2016. Answer the questions: 1. How to update tasks in MS Project 2016? 2. How to use tasks and subtasks? 3. How to link and unlink tasks in MS Project? 4. How to set constraints and deadlines? 5. How to set project milestones? 6. How to complete the resource sheet?
Excel Assignment 2 Direction: Use Microsoft Excel to answer the following three questions (Excel Instructions are...
Excel Assignment 2 Direction: Use Microsoft Excel to answer the following three questions (Excel Instructions are provided in previous assignment) 1. An Economist was interested in sex differences in the number of books a person reads (see file: Number of Books). Two random samples were taken, one of men and the other, and the number of books read during the last month was recorded. Is there a difference with respect to the number of books read by females and males?...
Plot the following parabolic functions in Excel and then answer the discussion question below . Use...
Plot the following parabolic functions in Excel and then answer the discussion question below . Use at least 8 points for each plot: Each graph is worth 15 points and must include 8 points. 1) y=x2-6x+8 2) y=x2+4 3) y=(-1/2)(x2) 4) What is the maximum number and the minimum number of x-intercepts for a parabola? Why? (15 points) In order to obtain full credit, you will need to plot the functions in Excel or using the Open Office feature and...
Given the following frame, answer the questions that follow. No Ethernet header!
Given the following frame, answer the questions that follow. No Ethernet header!
W72A) I am learning EXCEL Functions. Please answer in EXCEL Functions in detail Stock Returns (relationship...
W72A) I am learning EXCEL Functions. Please answer in EXCEL Functions in detail Stock Returns (relationship between hypothesis testing and confidence intervals) Suppose you as an investor with a stock portfolio of hundreds of thousands of dollars decide to sue your broker because of low returns due to lack of portfolio diversification, i.e., too many holdings with similar return prospects. The 39 monthly returns, expressed as percentages, are shown in the table below and reproduced in your Excel answer template....
3. Utilizing T-accounts for all relevant actors, answer the following questions, a. If the FED buys...
3. Utilizing T-accounts for all relevant actors, answer the following questions, a. If the FED buys a $10,000 treasury bill from Carlos Slim and he deposits the money in his bank, what happens to reserves and the monetary base? b. If instead Carlos Slim deposits $5,000 in his bank and cashes in the remaining $5,000, what happens to reserves and the monetary base?
What is the differences of MS Word, MS Excel, MS Powerpoint?
What is the differences of MS Word, MS Excel, MS Powerpoint?
Create an excel workbook for the following questions. Answer these questions under your Solver work for...
Create an excel workbook for the following questions. Answer these questions under your Solver work for each respective problem. 1. Devos Inc. is building a hotel. It will have 4 kinds of rooms: suites where customers can smoke, suites that are non-smoking, budget rooms where the customers can smoke, and budget rooms that are non-smoking. When we build the hotel, we need to plan for how many rooms of each type we should have. The following are requirements for the...
Answer the following questions in an Excel file. Each questions with multiple parts requires a separate...
Answer the following questions in an Excel file. Each questions with multiple parts requires a separate answer. Label your steps and show each answer (1, 2, 3, and 4) in a separate Excel tab. For problems that require a written answer, use a text box in Excel to record the text. Calculate the PV of $5,000 received 10 years from now compounded annually at discount rates of: 1% 4% 12% Calculate the FV of $5,000 invested for 20 years using...
Information for questions #14-20. Complete the following ANOVA table and then answer the questions that follow.  The...
Information for questions #14-20. Complete the following ANOVA table and then answer the questions that follow.  The ANOVA test was conducted using a significance level of 0.05. ANOVA Source of Variation SS df MS F P-value F crit Between Groups 1030964 3 c e 0.074 f Within Groups 2561191 b d Total a 23 14) In the ANOVA table above, what is the value of (a)? A)  3,591,155 B)  1,030,964 C)  2,561,191 D)  1,530,227 E)  3,592,155 15) In the ANOVA table above, what is the value...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT