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3 years ago

10

Sally Reynolds sells real estate along the coastal area of Northern California. Below are her total annual commissions between 2

002 and 2012.
Year Amount (thousands)

2002 $236.09

2003 204.43

2004 253.82

2005 268.4

2006 231.15

2007 205.7

2008 262.18

2009 162.77

2010 268.4

2011 224.45

2012 205.17

Find the mean, median, and mode of the commissions she earned for the 11 years.

1 answer:

tatiyna3 years ago

8 0

Answer:

Mean = $229.32

Median = $231.15

Mode = $268.4

Step-by-step explanation:

Mean = the average.

The average is the sum of variables divided by the number of variables.

x = each variable

N = number of variables = 11

Average = (Σx)/N = (236.09 + 204.43 + 253.82 + 268.4 + 231.15 + 205.7 + 262.18 + 162.77 + 268.4 + 224.45 + 205.17)/11

Mean = 2522.56/11 = $229.32

b) Median is the value that falls at the middle of the data set if all the variables are arranged in ascending or descending order.

So, to find the Median, we first arrange the variables in ascending order.

162.77

204.43

205.17

205.70

224.45

231.15

236.09

253.82

262.18

268.4

268.4

Since there are 11 variables, the Median is the number that falls at the middle of the distribution, that is, at the sixth position.

Median = $231.15

c) Mode is the number that appears the most in a distribution.

In this distribution, only 268.4 appears more than once.

Hence, the more is $268.4

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Answer:

The volume of the larger solid is $592.6\ mm^3$

Step-by-step explanation:

<u><em>The question is</em></u>

If these solids are similar, find the volume of the larger solid

step 1

Find the scale factor

we know that

If two solids are similar, then the ratio of its corresponding sides is proportional and this ratio is called the scale factor

Let

x ----> the height of the larger solid in mm

y ----> the height of the smaller solid in mm

z ---> the scale factor

$z=\frac{x}{y}$

we have

$x=4\ mm\\y=3\ mm$

substitute

$z=\frac{4}{3}$ ---> scale factor

step 2

Find the volume of the larger solid

we know that

If two solids are similar, then the ratio of its volumes is equal to the scale factor elevated to the cube

Let

x ----> the volume of the larger solid in cubic millimeters

y ----> the volume of the smaller solid in in cubic millimeters

z ---> the scale factor

$z^3=\frac{x}{y}$

we have

$z=\frac{4}{3}$

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$(\frac{4}{3})^3=\frac{x}{250}$

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You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confide

FrozenT [24]

Question:

You are given the sample mean and the population standard deviation. Use this information to construct the 90% and 95% confidence intervals for the population mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals. A random sample of 45 home theater systems has a mean price of $114.00. Assume the population standard deviation is $15.30. Construct a 90% confidence interval for the population mean.

Answer:

At the 90% confidence level, confidence interval = 110.2484 < μ < 117.7516

At the 95% confidence level, confidence interval = 109.53 < μ < 118.48

The 95% confidence interval is wider

Step-by-step explanation:

Here, we have

Sample size, n = 45

Sample mean, $\bar x$ = $114.00

Population standard deviation, σ = $15.30

The formula for Confidence Interval, CI is given by the following relation;

$CI=\bar{x}\pm z\frac{\sigma}{\sqrt{n}}$

Where, z is found for the 90% confidence level as ±1.645

Plugging in the values, we have;

$CI=114\pm 1.645 \times \frac{15.3}{\sqrt{45}}$

or CI: 110.2484 < μ < 117.7516

At 95% confidence level, we have our z value given as z = ±1.96

From which we have $CI=114\pm 1.96 \times \frac{15.3}{\sqrt{45}}$

Hence CI: 109.53 < μ < 118.48

To find the wider interval, we subtract their minimum from the maximum as follows;

90% Confidence level: 117.7516 - 110.2484 = 7.5

95% Confidence level: 118.47503 - 109.5297 = 8.94

Therefore, the 95% confidence interval is wider.

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