Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
loader
Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Guaranteed Higher Grade!

BUS130 Statistics Assignment

tag 0 Download 6 Pages / 1,357 Words tag 12-07-2021
  • Course Code: BUS130
  • University: Murdoch University
    icon

    MyAssignmentHelp.com is not sponsored or endorsed by this college or university

  • Country: Australia

Question:

PART A:

Consumers spend an average of $21 per week in cash without being aware of where it goes (data extracted from ‘Snapshots: A Hole in Our Pockets,’ USA Today, January 18, 2010, p. 1A). Assume that the amount of cash spent without being aware of where it goes is normally distributed and that the standard deviation is $5.

(a) What is the probability that a randomly selected person will spend more than $25?

(b)  What is the probability that a randomly selected person will spend between $10 and $20?

(c)  Between what two values will the middle 95% of the amounts of cash spent fall?

PART B:

The file Property Taxes contains the property taxes per capita for the 50 states and the District of Columbia. Decide whether the data appear to be approximately normally distributed.  

Decide whether the data appear to be approximately normally distributed by:

(a) Constructing a box plot.

(b) Constructing a histogram.

(c) Comparing data characteristics to theoretical properties.

(d) Constructing a Quantile-Quantile Normal Probability Plot.

You must include all Excel results for this data as part of the justification for your conclusions. (Include them within the appropriate section – not at the end of your document.)

Your assignment must be submitted as a single word document via LMS.  You will find the data in Property Taxes in LMS under Topic 5, Data Files.1 Based on Question 6.18 in Levine et al (2013)

PART A: Completed questions.

  • An introduction, where the key aspects of this topic are fully discussed. (This discussion should be referenced using the Chicago referencing method)
  • The body of your assignment, where all of your findings are presented. (This should include relevant Excel results, graphs, tables) Each of the pieces of information that are included need to be discussed in relation to the given question.
  • A Conclusion, which summarises your key findings and links these back to your comments in the introduction.
  • A Bibliography which includes all resources referenced within your assignment.

Marks will be allocated according to the quality of each of the components above. It is important that you present your assignment with sufficient detail to fully answer the given question, while at the same time present your arguments in a concise way. (As a guide: Word Limit, at least 1500 words).

Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 6 pages

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help (2021) Statistics Assignment [Online]. Available from: https://myassignmenthelp.com/free-samples/bus130-statistics-assignment/elementary-statistical-techniques.html
[Accessed 28 November 2022].

My Assignment Help. 'Statistics Assignment' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/bus130-statistics-assignment/elementary-statistical-techniques.html> accessed 28 November 2022.

My Assignment Help. Statistics Assignment [Internet]. My Assignment Help. 2021 [cited 28 November 2022]. Available from: https://myassignmenthelp.com/free-samples/bus130-statistics-assignment/elementary-statistical-techniques.html.


Stuck on Any Question

Our best expert will help you with the answer of your question with best explanation.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

loader
250 words
Error goes here

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

We Can Help!

Get top notch assistance from our best tutors !
Excel in your academics & career in one easy click!

icon

Other Samples

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the content removal request.

icon

5% Cashback

On APP - grab it while it lasts!

Download app now (or) Scan the QR code

*Offer eligible for first 3 orders ordered through app!

screener
ribbon
callback request mobile
Have any Query?