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Consider the following data set: 45, 54, 37, 34, 46, 57, 69, 65, 84, 45, 49, 53 What is the value of 60th percentile? |
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References required: total of 2 - 1 can be textbook
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1. The U.S as a whole
2. Young adults
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Answer Questions #1 - 8. You do not need to show your work.
#1) Find the expected value for the probability model shown below.
Value $2 $4 $8 $30Probability 0.25 0.5 0.17 0.08
#2) Find the missing value (???) in the probability model shown below.
Value $2 $5 $8 $11Probability 0.18 0.33 ??? 0.28
#3) In the probability model given below, the expected value is - $1.55. Find the missing value, x.
Value $4 -$5 x -$8
Probability 0.20 0.45 0.15 0.20
#4) A large number of people were polled and asked which of four different animals were their favorite. 13% said Penguin, 21% said Iguana, 22% said Parrot, and 44% said Turtle. Suppose you decide to carry out a simulation given these percentages. You decide to select two digits at a time. Which would be a proper assignment of digits for these teams?
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Value $3 -$4 $17Probability x y 0.08
#6) Suppose that there are 513 students who are currently enrolled in AP Calculus and that we are looking for five randomly selected students to survey about their experiences in AP Calculus. The digit combinations 001-513 are assigned to represent the 513 students currently enrolled in AP Calculus. Using the random digits below, what are the numbers of the five students that will be selected for the survey? 71548 15233 53946 68713 72468 27601 13703 88692
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#8) In a certain card game you draw one card off a standard deck of 52 cards. If you draw a spade you get paid $12, if you draw a red Ace you get paid $20, and if you draw a red Queen you get paid $38. If you draw anything else, you get paid nothing. What should this game cost if it is to be a fair game? Use fractions in your work and then calculate the answer as a decimal rounded to 4 decimal places.
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