To determine the unit rate

Given: The ratio is$\frac{\mathrm{\$}161}{7\text{}shares}}$

Given: The ratio is

David Lewis
2021-12-15
Answered

To determine the unit rate

Given: The ratio is$\frac{\mathrm{\$}161}{7\text{}shares}}$

Given: The ratio is

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asked 2021-05-14

Consider the accompanying data on flexural strength (MPa) for concrete beams of a certain type.

$\begin{array}{|ccccccc|}\hline 11.8& 7.7& 6.5& 6.8& 9.7& 6.8& 7.3\\ 7.9& 9.7& 8.7& 8.1& 8.5& 6.3& 7.0\\ 7.3& 7.4& 5.3& 9.0& 8.1& 11.3& 6.3\\ 7.2& 7.7& 7.8& 11.6& 10.7& 7.0\\ \hline\end{array}$

a) Calculate a point estimate of the mean value of strength for the conceptual population of all beams manufactured in this fashion.$[Hint.\text{}?{x}_{j}=219.5.]$ (Round your answer to three decimal places.)

MPa

State which estimator you used.

$x$

$p?$

$\frac{s}{x}$

$s$

$\stackrel{~}{\chi}$

b) Calculate a point estimate of the strength value that separates the weakest$50\mathrm{\%}$ of all such beams from the strongest $50\mathrm{\%}$ .

MPa

State which estimator you used.

$s$

$x$

$p?$

$\stackrel{~}{\chi}$

$\frac{s}{x}$

c) Calculate a point estimate of the population standard deviation ?.$[Hint:\text{}?{x}_{i}2=1859.53.]$ (Round your answer to three decimal places.)

MPa

Interpret this point estimate.

This estimate describes the linearity of the data.

This estimate describes the bias of the data.

This estimate describes the spread of the data.

This estimate describes the center of the data.

Which estimator did you use?

$\stackrel{~}{\chi}$

$x$

$s$

$\frac{s}{x}$

$p?$

d) Calculate a point estimate of the proportion of all such beams whose flexural strength exceeds 10 MPa. [Hint: Think of an observation as a "success" if it exceeds 10.] (Round your answer to three decimal places.)

e) Calculate a point estimate of the population coefficient of variation$\frac{?}{?}$ . (Round your answer to four decimal places.)

State which estimator you used.

$p?$

$\stackrel{~}{\chi}$

$s$

$\frac{s}{x}$

$x$

a) Calculate a point estimate of the mean value of strength for the conceptual population of all beams manufactured in this fashion.

MPa

State which estimator you used.

b) Calculate a point estimate of the strength value that separates the weakest

MPa

State which estimator you used.

c) Calculate a point estimate of the population standard deviation ?.

MPa

Interpret this point estimate.

This estimate describes the linearity of the data.

This estimate describes the bias of the data.

This estimate describes the spread of the data.

This estimate describes the center of the data.

Which estimator did you use?

d) Calculate a point estimate of the proportion of all such beams whose flexural strength exceeds 10 MPa. [Hint: Think of an observation as a "success" if it exceeds 10.] (Round your answer to three decimal places.)

e) Calculate a point estimate of the population coefficient of variation

State which estimator you used.

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Serena has job offers from two car dealerships. Classic Cars offers her a base salary of $22,000 per year plus an additional 1% commission on all sales she makes. Sweet Rides offers her a base salary of $13,000 per year plus an additional 2.5% commission on all sales she makes. Determine the amount of car sales in dollars for which both dealerships will pay Serena the same amount. Explain which offer Serena should accept based on the amount of car sales she expects to have.

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The solution of the given expression.

Given:$5h=33$

Given:

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