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Assignment 1 Answers

The document contains 4 exercises involving calculations of mean, variance, standard deviation, z-scores, probabilities, and confidence intervals using sample data and information provided. For exercise 1, the learner is asked to find the mean, variance, and standard deviation of a sample data set. Exercise 2 involves calculating z-scores and probabilities for different intervals using information about a normal population. Exercise 3 asks the learner to determine the length of a warranty period based on lifetime data. Exercise 4 requires calculating a 99% confidence interval for calories in french fries using sample mean, standard deviation, and sample size information.

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331 views5 pages

Assignment 1 Answers

The document contains 4 exercises involving calculations of mean, variance, standard deviation, z-scores, probabilities, and confidence intervals using sample data and information provided. For exercise 1, the learner is asked to find the mean, variance, and standard deviation of a sample data set. Exercise 2 involves calculating z-scores and probabilities for different intervals using information about a normal population. Exercise 3 asks the learner to determine the length of a warranty period based on lifetime data. Exercise 4 requires calculating a 99% confidence interval for calories in french fries using sample mean, standard deviation, and sample size information.

Uploaded by

pellara
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Exercise 1:

Solve all of the exercises. Show all work.

1. For the sample data given below find


a. The mean (6 marks)
b. The variance (12 marks)
c. The standard deviation (7 mark)

45 55 60 65 65 65 68 70

75 75 80 85 90 95 120

a) mean

X = 45 + 55 + 60 + 65 + 65+ 65 + 68 + 70 + 75 + 75 + 80 + 85 + 90 + 95 + 120 / n =
1113 / 15 = 74.2

b) Variance s2

Because we use sample data, we will use the Sample Standard Deviation instead of the
population one

S2 = (45 – 74.2)2 + (55 – 74.2)2 + (60 – 74.2)2 + (65 – 74.2)2 + (65 – 74.2)2 + (65 – 74.2)2 + (68 –
74.2)2 + (70 – 74.2)2 + (75 – 74.2)2 + ( 75 – 74.2)2 + ( 80 – 74.2)2 + (85 – 74.2)2 + (90 – 74.2)2 + (95
– 74.2)2 + (120 – 74.2)2 / (15 – 1) = 333.1714
c) standard deviation S

square root of the variance: √s2 = √333.1714 = 18.25

Exercise 2:

2. Using Z-tables answer the following questions. The population mean is 73 and the
population standard deviation is 5.
a. What are the z-values for the following intervals?
b. What are the probabilities that an item selected at random will fall in the
interval?
i. 53 < x < 93 (12 marks)
ii. x < 65 (6 marks)
iii. iii. 78 < x (7 marks)

a) Z values

i) Z for 53 < x < 93

Z = ( 53 – 73 ) / 5 = -20 / 5 = -4

Z = ( 93 – 73 ) / 5 = 20 / 5 = 4

So we have ( −4 < Z < 4)

ii) Z for x < 65

Z = ( 65 – 73 ) / 5 = -1,6

Z < -1,6
iii) Z for 78 < x

Z = ( 78 – 73 ) / 5 = 1

Z<1

b) Probabilities

i) P ( -4 < Z < 4 )

= P( Z < 4) – P ( Z < -4 )

= 1 – (1 – P( <4 )

=1–(1–1)

=1

ii) P ( Z < - 1.6) =

= 1 – P( Z < 1.6)

= 1 – 0.545

= 0.055

iii) P( Z > 1) =

= 1 – P( Z < 1 ) =

= 1 – 0.841

= 0.158
Exercise 3:
A company manufactures watches. The watches are known from past observations
to have an average life of 28 months and a standard deviation of watch lifetimes of
5 months. The distribution of lifetimes of the watches is normal. If the company
does
not want to make refunds on more than 12% of the watches it makes, how long
should the guarantee period be (to the nearest month)? (25 marks)

We indicate the guarantee period with “g’’ and calculate it

P( X < g ) > 0,12


X−μ g−28
P( σ < 5
)= 0,12

g−28
P( Z < 5
)=0,12

We know that P( Z < − 1,175 ) = 0,12


g−28
So 5
= − 1,175

g – 28 = ( − 1,175 ) * 5

g = 22,12
So, if the company doesn’t want to make refunds on more than 12% of it’s watches the
guarantee period should be 22,12 months
Exercise 4:
Create a 99% confidence interval of the number of calories in 3 ounces of french
fries based on a sample of 8 batches of french fries, weighing 3-ounce each, taken
from different restaurants. The sample has a mean of 244.5 and a sample standard
deviation, s, of 21.7. Interpret the results. (25 marks)

n = 8 (sample size)
x =224.5 (sample mean)
s = 21.7 (standard deviation)

We do not know the population standard deviation, so we use a t-distribution with


n' = 7 ( n’ = n – 1 = 8 -1 )

First we need to find t0.99 with n = 7 in order to find the confidence internal μ99%
Using the 0.99 interval table, we find that t0.99 = 3.4995

Then using the formula for

s 21.73
μ99% = x ± ti = 244.5 ± 3.499
√n √8

We solve for both + and –

21.73
a) 244.5 + 3.499 = 271.34
√8
21.73
b) 244.5 - 3.499 = 217.65
√8

So, we see that there is 99 percent confidence that the population mean for French fries
from these restaurants will be between 217.65 and 271.34

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