This module presents students with a number of problems related to statistical sampling and data. In particular, students are asked to demonstrate understanding of concepts such as frequency, relative frequency, and cumulative relative frequency, random samples, quantitative vs. qualitative data, continuous vs. discrete data, and other key terms related to sampling and data.
For each item below:
Identify the type of data (quantitative - discrete, quantitative - continuous, or qualitative) that would be used to describe a response.
Give an example of the data.
Number of tickets sold to a concert
Amount of body fat
Favorite baseball team
Time in line to buy groceries
Number of students enrolled at Evergreen Valley College
Most–watched television show
Brand of toothpaste
Distance to the closest movie theatre
Age of executives in Fortune 500 companies
Number of competing computer spreadsheet software packages
Sixty adults with gum disease were asked the number of times per week they used to floss before their diagnoses. The (incomplete) results are shown below:
Flossing frequency for adults with gum disease
# Flossing per Week
Frequency
Relative Frequency
Cumulative Relative Freq.
0
27
0.4500
1
18
3
0.9333
6
3
0.0500
7
1
0.0167
Fill in the blanks in the table above.
What percent of adults flossed six times per week?
What percent flossed at most three times per week?
Cum. Rel. Freq. for 0 is 0.4500
Rel. Freq. for 1 is 0.3000 and Cum. Rel. Freq. for 1 or less is 0.7500
Freq. for 3 is 11 and Rel. Freq. is 0.1833
Cum. Rel. Freq. for 6 or less is 0.9833
Cum. Rel. Freq. for 7 or less is 1
A fitness center is interested in the mean amount of time a client exercises in the center each week. Define the following in terms of the study. Give examples where appropriate.
Ski resorts are interested in the mean age that children take their first ski and snowboard lessons. They need this information to optimally plan their ski classes. Define the following in terms of the study. Give examples where appropriate.
Population
Sample
Parameter
Statistic
Variable
Data
Children who take ski or snowboard lessons
A group of these children
The population mean
The sample mean
= the age of one child who takes the first ski or snowboard lesson
A cardiologist is interested in the mean recovery period for her patients who have had heart attacks. Define the following in terms of the study. Give examples where appropriate.
is it possible to leave every good at the same level
Joseph
I don't think so. because check it, if the demand for chicken increases, people will no longer consume fish like they used to causing a fall in the demand for fish
Anuolu
is not really possible to let the value of a goods to be same at the same time.....
Salome
Suppose the inflation rate is 6%, does it mean that all the goods you purchase will cost
6% more than previous year? Provide with reasoning.
Not necessarily. To measure the inflation rate economists normally use an averaged price index of a basket of certain goods. So if you purchase goods included in the basket, you will notice that you pay 6% more, otherwise not necessarily.
Good day
How do I calculate this question: C= 100+5yd G= 2000 T= 2000 I(planned)=200.
Suppose the actual output is 3000. What is the level of planned expenditures at this level of output?
I am Camara from Guinea west Africa... happy to meet you guys here
Sekou
ma management ho
Amisha
ahile becheclor ho
Amisha
hjr ktm bta ho
ani k kaam grnu hunxa tw
Amisha
belatari
Amisha
1st year ho
Amisha
nd u
Amisha
ahh
Amisha
kaha biratnagar
Amisha
ys
Amisha
kina k vo
Amisha
money as unit of account means what?
Kalombe
A unit of account is something that can be used to value goods and services and make calculations
Jim
all of you please speak in English I can't understand you're language
Muhammad
I want to know how can we define macroeconomics in one line
Muhammad
it must be .9 or 0.9
no Mpc is greater than 1
Y=100+.9Y+50
Y-.9Y=150
0.1Y/0.1=150/0.1
Y=1500
Kalombe
Mercy is it clear?😋
Kalombe
hi can someone help me on this question
If a negative shocks shifts the IS curve to the left, what type of policy do you suggest so as to stabilize the level of output?
discuss your answer using appropriate graph.
