Questions
assume that IQ scores are normally distributed with a mean of 100 and a standard deviation...

assume that IQ scores are normally distributed with a mean of 100 and a standard deviation of 15.

Find the probability that a randomly selected person has an IQ score less than 115.

Find the probability that a randomly selected person has an IQ score greater than 118.

Find the probability that a randomly selected person has an IQ score between 88 and 112.

In: Statistics and Probability

A jar contains 100 coins. One of the coins is a trick coin with heads on...

A jar contains 100 coins. One of the coins is a trick coin with heads on both sides. The other 99 coins are ordinary coins with heads probability .5. A coin is selected at random. (a) What is the probability the coin selected is the trick coin? (b) The coin selected is tossed 7 times, and it happens to land heads each of those times. Now what is the probability it is the trick coin?

In: Statistics and Probability

a.) If 5 ml of 0.1 NaOH (a strong base) is added to 100 ml of...

a.) If 5 ml of 0.1 NaOH (a strong base) is added to 100 ml of 0.05 phosphate buffer (phosphoric acid- H3PO4), pH 7.1, what is the resulting pH? (Ignore the volume change). Clearly identify the appropriate acid and conjugate base and determine their concentration in the final solution. b.) What would the resulting pH be if instead you added 5 ml of 0.25 M HCl? (Ignore the volume change) *Please show your work and steps to understand*

In: Chemistry

Consider a bank that has the following assets and liabilities: Loans of $100 million with a...

  1. Consider a bank that has the following assets and liabilities:
  • Loans of $100 million with a realized rate of 5%
  • Security holdings of $50 million earning 10% interest income
  • Reserves of $10 million
  • Savings accounts of $100 million interest of 2.5%
  • Checking deposits of $30 million which pay no interest
  1. Determine the profits for this bank. (Hint: The bank earns income, or revenues, not only from its loans but also from any securities it holds!)

In: Economics

1) The IQ of the author’s college students is normally distributed with a mean of 100...

1) The IQ of the author’s college students is normally distributed with a mean of 100 and a standard deviation of 15. What percentage of college students have IQs between 70 to 130? (Use the empirical rule to solve the problem) Please explain how you get the answer. You can use excel to show how to use the formula if needed.

2) At a high school, GPA’s are normally distributed with a mean of 2.6 and a standard deviation of 0.5. What percentage of students at the college have a GPA between 2.1 and 3.1? Please explain how you get the answer. You can use excel to show how to use the formula if needed.

In: Statistics and Probability

Assume that IQ scores are normally distributed with a mean of 100 and standard deviation of...

Assume that IQ scores are normally distributed with a mean of 100 and standard deviation of 12. Find the probability that: (a) a randomly selected person has an IQ score less than 92. (b) a randomly selected person has an IQ score greater than 108.

In: Statistics and Probability

IQ scores are known to be normally distributed. The mean IQ score is 100 and the...

IQ scores are known to be normally distributed. The mean IQ score is 100 and the standard deviation is 15. What percent of the population has an IQ between 85 and 105. Need to solve it through Excel

In: Statistics and Probability

What is the future value of $100 deposited in an account for four years paying a...

What is the future value of $100 deposited in an account for four years paying a 6 percent annual rate of interest, compounded semiannually?

What is the future value of an ordinary annuity of $2,000 each year for 10 years, invested at 12 percent?

Gina has planned to start her college education four years from now. To pay for her college education, she has decided to save $1,000 a quarter for the next four years in an investment account expected to yield 12 percent. How much will she have at the end of the fourth year? (Assume quarterly compounding.)

In: Finance

What is the future value of $100 deposited in an account for four years paying a...

What is the future value of $100 deposited in an account for four years paying a 6 percent annual rate of interest, compounded semiannually?

What is the future value of an ordinary annuity of $2,000 each year for 10 years, invested at 12 percent?

Gina has planned to start her college education four years from now. To pay for her college education, she has decided to save $1,000 a quarter for the next four years in an investment account expected to yield 12 percent. How much will she have at the end of the fourth year? (Assume quarterly compounding.)

In: Finance

1. A sample of 100 results in 27 successes. a. Calculate the point estimate for the...

1. A sample of 100 results in 27 successes.
a. Calculate the point estimate for the population proportion of successes. (Do not round intermediate calculations. Round your answer to 3 decimal places.)  

b. Construct 95% and 90% confidence intervals for the population proportion. (Round intermediate calculations to at least 4 decimal places. Round "z" value and final answers to 3 decimal places.)

95% -

90%-

c. Can we conclude at 95% confidence that the population proportion differs from 0.330?  

  • No, since the confidence interval does not contain the value 0.330.

  • No, since the confidence interval contains the value 0.330.

  • Yes, since the confidence interval does not contain the value 0.330.

  • Yes, since the confidence interval contains the value 0.330.


d. Can we conclude at 90% confidence that the population proportion differs from 0.330?

  • No, since the confidence interval contains the value 0.330.

  • No, since the confidence interval does not contain the value 0.330.

  • Yes, since the confidence interval contains the value 0.330.

  • Yes, since the confidence interval does not contain the value 0.330.

In: Statistics and Probability