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Author Question: The flashlight batteries produced by one of the northern manufacturers are known to have an average ... (Read 58 times)

tspaw0811

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Question 1

The closing stock price of Ahmadi, Inc. for a sample of 10 trading days is shown below.

 

Day

Stock Price

1

84

2

87

3

84

4

88

5

85

6

90

7

91

8

83

9

82

10

86


For the above sample, compute the following measures.
 

a.The mean
b.The median
c.The mode
d.The variance
e.The standard deviation
f.The range

 



Question 2

The flashlight batteries produced by one of the northern manufacturers are known to have an average life of 60 hours with a standard deviation of 4 hours.  Use Chebyshev’s theorem to answer the following questions.

a.At least what percentage of flashlights will have a life of 54 to 66 hours?

b.

At least what percentage of the batteries will have a life of 52 to 68 hours?

c.

Determine an interval for the batteries lives that will be true for at least 80% of the batteries.  (Hint:  First compute the Z-score.)



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Marked as best answer by tspaw0811 on Mar 25, 2023

ludadtpb

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tspaw0811

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Reply 2 on: Mar 25, 2023
:D TYSM


dantucker

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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