Question

In: Math

he file Utility contains the electricity costs, in dollars, during July of a recent year for...

he file Utility contains the electricity costs, in dollars, during July of a recent year for a random sample of 50 one-bedroom apartments in a large city: SELF TEST 96 171 202 157 185 90 141 149 206 95 163 150 108 119 183 178 147 116 172 175 123 154 130 151 114 102 153 111 148 128 144 143 187 135 191 197 127 82 213 130 165 168 109 167 166 139 149 137 129 158 Decide whether the data appear to be approximately normally distributed by a. comparing data characteristics to theoretical properties. b. constructing a normal probability plot.

Solutions

Expert Solution

a) Comparing data characteristics:

The normal distribution has a property of mean=median, and is a one-peaked, symmetric graph.

Considering the data given, using R, i have obtained mean, median of the data as well as plotted a histogram of data. Attaching the image of R code and output below.

Mean = 147.06 and median = 148.5, which are not equal but are quite close. The histogram also reflects a one peaked roughly symmetric distribution. Therefore, considering the theoretical qualities, given data can be approximated to normal distribution.

b) Using Normal probability plot. Below you can see that all the points in the normal probability plot lie close on the straight line. Hence the data can be approximated to normal. If the points would have been scattered and not falling on/near the straight line, then the data would not reflect any normality.

Hope this helped. All the best...!


Related Solutions

The data set below contains the electricity​ costs, in​ dollars, during July 2013 for a random...
The data set below contains the electricity​ costs, in​ dollars, during July 2013 for a random sample of 30 ​one-bedroom apartments in a large city. Complete parts​ (a) and​ (b). 136 91 199 184 114 196 124 132 146 140 138 168 141 155 193 159 86 175 181 148 210 155 98 163 222 149 111 162 170 116 a. Decide whether the data appear to be approximately normally distributed by comparing data characteristics to theoretical properties. A.​No, the...
2) A utility date presented here under contained a cost pf electricity (in $) during July...
2) A utility date presented here under contained a cost pf electricity (in $) during July 2014 for a random sample of 50 one-bedroom apartments in large city. 96 171 202 178 147 102 153 197 127 82 157 185 90 116 172 111 148 213 130 165 141 149 206 175 123 128 144 168 109 167 95 163 150 154 130 143 187 166 139 149 108 119 183 151 114 135 191 137 129 158 a) Construct...
2) A utility date presented here under contained a cost pf electricity (in $) during July...
2) A utility date presented here under contained a cost pf electricity (in $) during July 2014 for a random sample of 50 one-bedroom apartments in large city. 96 171 202 178 147 102 153 197 127 82 157 185 90 116 172 111 148 213 130 165 141 149 206 175 123 128 144 168 109 167 95 163 150 154 130 143 187 166 139 149 108 119 183 151 114 135 191 137 129 158 a) Construct...
During the current year, KB has the following costs: Utility Costs for Home $2,500 Maintenance and...
During the current year, KB has the following costs: Utility Costs for Home $2,500 Maintenance and Repairs for Home 3,100 Property Taxes for Home 5,400 House Insurance 1,300 Interest on Mortgage 4,600 Home Telephone Monthly Charge 600 Separate Line to Home-Work-Space Monthly Charge 480 Employment Related Long Distance Charges 560 Home Internet Service Fees 720 KB estimates that he/she uses 18 percent of his residence and 30 percent of his home internet service for employment/business related purposes. Maximum CCA on...
Question 1 The following data represent the cost of electricity (in Rand) during July 2019 for...
Question 1 The following data represent the cost of electricity (in Rand) during July 2019 for a random sample of 30 one-bedroom apartments in a large city: 96 171 202 178 147 197 130 149 167 191 135 129 158 166 150 95 187 144 139 175 123 111 116 202 157 128 82 102 112 95 (a) Construct a stem and leaf graph for the given data. (10) (b) Construct a histogram for the given data. (10) (c) Draw...
The file Hotel Prices contains the prices in British pounds (about US$ 1.52 as of July...
The file Hotel Prices contains the prices in British pounds (about US$ 1.52 as of July 2013) of a room at two-star, three-star, and four-star hotels in cities around the world in 2013. City Two-Star Three-Star Four-Star Amsterdam 74 88 116 Bangkok 23 35 72 Barcelona 65 90 106 Beijing 35 50 79 Berlin 63 58 76 Boston 102 132 179 Brussels 66 85 98 Cancun 42 85 205 Chicago 66 115 142 Dubai 84 67 111 Dublin 48 66...
The file Hotel Prices contains the prices in British pounds (about US$ 1.52 as of July...
The file Hotel Prices contains the prices in British pounds (about US$ 1.52 as of July 2013) of a room at two-star, three-star, and four-star hotels in cities around the world in 2013. City Two-Star Three-Star Four-Star Amsterdam 74 88 116 Bangkok 23 35 72 Barcelona 65 90 106 Beijing 35 50 79 Berlin 63 58 76 Boston 102 132 179 Brussels 66 85 98 Cancun 42 85 205 Chicago 66 115 142 Dubai 84 67 111 Dublin 48 66...
A firm that purchases electricity from the local utility for $400,000 per year is considering installing...
A firm that purchases electricity from the local utility for $400,000 per year is considering installing a steam generator at a cost of $310,000. The cost of operating this generator would be $260,000 per year, and the generator will last for five years. If the firm buys the generator, it does not need to purchase any electricity from the local utility. The cost of capital is 9%. For the local utility option, consider five years of electricity purchases. For the...
A firm that purchases electricity from the local utility for $250,000 per year is considering installing...
A firm that purchases electricity from the local utility for $250,000 per year is considering installing a steam generator at a cost of $340,000. The cost of operating this generator would be $180,000 per year, and the generator will last for five years. If the firm buys the generator, it does not need to purchase any electricity from the local utility. The cost of capital is 10%. For the local utility option, consider five years of electricity purchases. For the...
A firm that purchases electricity from the local utility for $300,000 per year is considering installing...
A firm that purchases electricity from the local utility for $300,000 per year is considering installing a steam generator at a cost of $260,000. The cost of operating this generator would be $210,000 per year, and the generator will last for five years. If the firm buys the generator, it does not need to purchase any electricity from the local utility. The cost of capital is 11%. For the local utility option, consider five years of electricity purchases. For the...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT