Levels Tought:
University
Teaching Since: | Apr 2017 |
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Questions Answered: | 9562 |
Tutorials Posted: | 9559 |
bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
2-13. A St. Louis–based shipping company recently selected a random sample of 49 airplane weight slips for crates shipped from an automobile parts supplier. The weights, measured in pounds, for the sampled
crates are as follows:
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89 |
83 |
97 |
101 |
86 |
89 |
86 |
91 |
84 |
89 |
87 |
93 |
86 |
90 |
86 |
92 |
92 |
88 |
88 |
92 |
86 |
93 |
80 |
93 |
77 |
98 |
94 |
95 |
94 |
88 |
95 |
87 |
99 |
98 |
90 |
91 |
87 |
89 |
89 |
96 |
88 |
94 |
95 |
79 |
94 |
86 |
92 |
94 |
85 |
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a. Create a data array of the weights.
b. Develop a frequency distribution using five classes having equal widths.
c. Develop a histogram from the frequency distribution you created in part b.
d. Develop a relative frequency and a cumulative relative frequency distribution for the weights using the same five classes created in part b. What percent of the sampled crates have weights greater than 96
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1 |
2 |
3 |
4 |
5 |
pounds? |
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2-14. The bubble in U.S. housing prices burst in 2008, |
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He also tracked the general time slot when the advertiser’s commercials were shown on the station. The following codes were used:
1    morning         2    afternoon
3    evening          4    various times
causing sales of houses to decline in almost every
part of the country. Many homes were foreclosed because the owners could not make the payments. Below is a sample of 100 residential properties and the total balance on the mortgage at the time of foreclosure.
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$172,229Â Â Â Â Â Â $211,021Â Â Â Â Â Â $159,205Â Â Â Â Â Â $247,697Â Â Â Â Â Â $247,469
$176,736Â Â Â Â Â Â $240,815Â Â Â Â Â Â $195,056Â Â Â Â Â Â $315,097Â Â Â Â Â Â $257,150
$129,779Â Â Â Â Â Â $207,451Â Â Â Â Â Â $165,225Â Â Â Â Â Â $178,970Â Â Â Â Â Â $319,101
$ 87,429Â Â Â Â Â Â $219,808Â Â Â Â Â Â $242,761Â Â Â Â Â Â $277,389Â Â Â Â Â Â $213,803
$153,468Â Â Â Â Â Â $205,696Â Â Â Â Â Â $210,447Â Â Â Â Â Â $179,029Â Â Â Â Â Â $241,331
$117,808Â Â Â Â Â Â $188,909Â Â Â Â Â Â $376,644Â Â Â Â Â Â $185,523Â Â Â Â Â Â $168,145
$158,094Â Â Â Â Â Â $135,461Â Â Â Â Â Â $131,457Â Â Â Â Â Â $263,232Â Â Â Â Â Â $256,262
$240,034Â Â Â Â Â Â $289,973Â Â Â Â Â Â $302,341Â Â Â Â Â Â $178,684Â Â Â Â Â Â $226,998
$176,440Â Â Â Â Â Â $268,106Â Â Â Â Â Â $181,507Â Â Â Â Â Â $118,752Â Â Â Â Â Â $251,009
$196,457Â Â Â Â Â Â $195,249Â Â Â Â Â Â $195,986Â Â Â Â Â Â $201,680Â Â Â Â Â Â $233,182
$271,552Â Â Â Â Â Â $123,262Â Â Â Â Â Â $212,411Â Â Â Â Â Â $246,462Â Â Â Â Â Â $177,673
$103,699Â Â Â Â Â Â $252,375Â Â Â Â Â Â $192,335Â Â Â Â Â Â $265,992Â Â Â Â Â Â $232,247
$320,004Â Â Â Â Â Â $213,020Â Â Â Â Â Â $192,546Â Â Â Â Â Â $295,660Â Â Â Â Â Â $211,876
$265,787Â Â Â Â Â Â $207,443Â Â Â Â Â Â $203,043Â Â Â Â Â Â $133,014Â Â Â Â Â Â $289,645
$251,560Â Â Â Â Â Â $302,054Â Â Â Â Â Â $185,381Â Â Â Â Â Â $284,345Â Â Â Â Â Â $184,869
$237,485Â Â Â Â Â Â $282,506Â Â Â Â Â Â $278,783Â Â Â Â Â Â $335,920Â Â Â Â Â Â $199,630
$248,272Â Â Â Â Â Â $232,234Â Â Â Â Â Â $188,833Â Â Â Â Â Â $168,905Â Â Â Â Â Â $357,612
$241,894Â Â Â Â Â Â $186,956Â Â Â Â Â Â $114,601Â Â Â Â Â Â $301,728Â Â Â Â Â Â $251,865
$207,040Â Â Â Â Â Â $221,614Â Â Â Â Â Â $318,154Â Â Â Â Â Â $156,611Â Â Â Â Â Â $219,730
$201,473Â Â Â Â Â Â $174,840Â Â Â Â Â Â $196,622Â Â Â Â Â Â $263,686Â Â Â Â Â Â $159,029
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a. Using the 2k     n guideline, what is the minimum number of classes that should be used to display these data in a grouped data frequency distribution?
b. Referring to part a, what should the class width be, assuming you round the width up to nearest $1,000?
c. Â Referring to parts a and b, develop a grouped data frequency distribution for these mortgage balance data.
d. Based on your answer to part c, construct and interpret a frequency histogram for the mortgage balance data.
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