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Tuesday, March 12, 2019

Statistics homework

Consider the percent change in housing values over a five-year period for regions of the United States, as shown In the following table. Draw a box plot. share change In housing values over five years for U. S. Regions. Region Percent Change Percent Change New England Region 54. 5% westbound 29. 5 North aboriginal 38. 3% pacific Middle Atlantic 35. 3 48. 9 eastern United States North Central 33. 6 East South Central 26. 0 Mountain West South Central 32. 0 South Atlantic 34. 2 4. Two events are inversely exclusive, one with probability 0. 38 and the other with arability 0. 54. A. Find the probability that the number 1 event happens given that the second event happens.O b. Find the probability of the conjunction of these two events. 0. 38+0. 54=0. 92 5. Your retentiveness is interested in learning more about customers purchasing patterns and how they re previous(a) to the frequency of store visits. The probability that a customers visit will result In a purchase Is 0. 35. The probability that a customer has been to the store wealth the agone month Is 0. 20. Of those who did not buy anything, 12% had been there inside the past times month. A. Find the probability of making a purchase given that the customer had been to the store within the past month. O. 1 b. What percent of customers are shit shoppers, defined as making a purchase and having been to the store within the past month? O. 122 6. Keep Cool Pity Ltd manufactures window alarm-conditioners In both a deluxe model and a standard model. An listener engaged in a compliance audit of the firm is corroborative the sales answer for for April. She has collected 200 bankers bills for the month, some of which were sent to middlemans and the symmetricalness to retailers. Of the 140 retail invoices, 28 are for the standard model. Of the wholesale invoices, 24 are for the standard model.If the auditor selects one invoice at random, date the following probabilities a. The Invoice selected Is for the d eluxe model. 0. 74 invoice selected is either a wholesale invoice or an invoice for the standard model. 0. 44 d. Is invoice for deluxe model independent of sell invoice? No Model Wholesale Total Deluxe Standard 24 148 52 Otto 200 retail 112 28 140 7. The finance director of a hardware wholesaler has asked the accountant to ring all customers five days before their account payments are due, as a means of reducing the number of late payments.

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