Question

In: Statistics and Probability

The following data show the lengths of boats moored in a marina. The data are ordered...

The following data show the lengths of boats moored in a marina. The data are ordered from smallest to largest. 16; 17; 19; 20; 20; 21; 22; 23; 24; 24; 24; 25; 25; 26; 26; 26; 27; 28; 29; 32; 33; 33; 34; 35; 37; 39; 40

g. What percent of people surveyed visited a store at least 3 times?

h. Find the 40th percentile.

i. Construct a histogram of the data.

j. Find the percentile of data point 29.

k. State whether the data are symmetrical, skewed to the left, or skewed to the right.

l. Find the sample standard deviation.

Solutions

Expert Solution

g) total people surveyed visited a store at least 3 times=6

percentage = 6/27 =22.22%

h) 40th percentile = 0.40(n+1)th value = 11.2th value of sorted data = 148

i)

class interval frequency
16-20 5
21-25 8
26-30 6
31-35 5
36-40 3

Histogram

j)

percentile of 29=total data points above 29/total data poitns*100=18/27*100=66.67

k)

data is slightly skewed to right

l)

X (X - X̄)²
16 117.763
17 97.059
19 61.652
20 46.948
20 46.948
21 34.244
22 23.540
23 14.837
24 8.133
24 8.133
24 8.133
25 3.429
25 3.429
26 0.726
26 0.726
26 0.726
27 0.022
28 1.318
29 4.615
32 26.503
33 37.800
33 37.800
34 51.096
35 66.392
37 102.985
39 147.578
40 172.874
X (X - X̄)²
total sum 725 1125.407407
n 27 27

mean =    ΣX/n =    26.85
      
  
sample std dev =   √ [ Σ(X - X̄)²/(n-1)] =   6.58
      


Related Solutions

The following data show the lengths of boats moored in a marina. The data are ordered...
The following data show the lengths of boats moored in a marina. The data are ordered from smallest to largest. 16; 17; 19; 20; 20; 21; 22; 23; 24; 24; 24; 25; 25; 26; 26; 26; 27; 28; 29; 32; 33; 33; 34; 35; 37; 39; 40 a. Find the sample mean ?̅. b. Find the mode. c. Find the first quartile. d. Find the median. e. Find the third quartile. f. Construct a box plot. g. What percent of...
2. The following data show the lengths of boats moored in a marina. The data are...
2. The following data show the lengths of boats moored in a marina. The data are ordered from smallest to largest. 16; 17; 19; 20; 20; 21; 22; 23; 24; 24; 24; 25; 25; 26; 26; 26; 27; 28; 29; 32; 33; 33; 34; 35; 37; 39; 40 a. Find the sample mean ?̅. b. Find the mode. c. Find the first quartile. d. Find the median. e. Find the third quartile. f. Construct a box plot. g. What percent...
Scott has operated a marina on Lake Huron for several years. The marina sells boats and...
Scott has operated a marina on Lake Huron for several years. The marina sells boats and provides a dock space and winter boat storage to its customers. On August 1, 2014 Craig purchased the marina from Scott. As part of the sale, Craig took over all the existing contracts Scott had for the storage and docking of boats. Nick had a contract with Scott to store his boat at the marina over the winter and to rent dock space as...
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC...
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC Balance Sheet as of December 31, 2015 and 2014 (in millions of dollars) 2015 2014 2015 2014   Assets   Liabilities and Equity   Current assets:   Current liabilities:      Cash and marketable securities $ 100 $ 48      Accrued wages and taxes $ 60 $ 48      Accounts receivable 110 72      Accounts payable 110 72      Inventory 301 174      Notes payable 70 60         Total $ 511 $ 294         Total $ 240...
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC...
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC Balance Sheet as of December 31, 2015 and 2014 (in millions of dollars) 2015 2014 2015 2014   Assets   Liabilities and Equity   Current assets:   Current liabilities:      Cash and marketable securities $ 80 $ 42      Accrued wages and taxes $ 40 $ 30      Accounts receivable 120 66      Accounts payable 90 60      Inventory 222 168      Notes payable 50 54         Total $ 422 $ 276         Total $ 180...
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC...
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC Balance Sheet as of December 31, 2015 and 2014 (in millions of dollars) 2015 2014 2015 2014 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities $ 50 $ 56 Accrued wages and taxes $ 50 $ 48 Accounts receivable 60 52 Accounts payable 55 44 Inventory 205 96 Notes payable 60 40 Total $ 315 $ 204 Total $ 165...
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC...
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC Balance Sheet as of December 31, 2015 and 2014 (in millions of dollars) 2015 2014 2015 2014   Assets   Liabilities and Equity   Current assets:   Current liabilities:      Cash and marketable securities $ 80 $ 42      Accrued wages and taxes $ 40 $ 30      Accounts receivable 120 66      Accounts payable 90 60      Inventory 222 168      Notes payable 50 54         Total $ 422 $ 276         Total $ 180...
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC...
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC Balance Sheet as of December 31, 2015 and 2014 (in millions of dollars) 2015 2014 2015 2014 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities $ 72 $ 48 Accrued wages and taxes $ 56 $ 54 Accounts receivable 80 60 Accounts payable 80 66 Inventory 294 186 Notes payable 48 54 Total $ 446 $ 294 Total $ 184...
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC...
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC Balance Sheet as of December 31, 2015 and 2014 (in millions of dollars) 2015 2014 2015 2014 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities $ 40 $ 30 Accrued wages and taxes $ 32 $ 24 Accounts receivable 32 39 Accounts payable 40 27 Inventory 175 60 Notes payable 32 30 Total $ 247 $ 129 Total $ 104...
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC....
Use the following financial statements for Lake of Egypt Marina, Inc. LAKE OF EGYPT MARINA, INC. Balance Sheet as of December 31, 2021 and 2020 (in millions of dollars) 2021 2020 2021 2020 Assets Liabilities and Equity Current assets: Current liabilities: Cash and marketable securities $ 75 $ 65 Accrued wages and taxes $ 40 $ 43 Accounts receivable 115 110 Accounts payable 90 80 Inventory 200 190 Notes payable 80 70 Total $ 390 $ 365 Total $ 210...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT