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HA1011 Applied Quantitative Methods

tag 0 Download 2 Pages / 441 Words tag 26-11-2020
  • Course Code: HA1011
  • University: Holmes Institute
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  • Country: Australia

Question:

a.Is above a population or a sample? Explain the difference.

b.Calculate the standard deviation of the weekly attendance. Show your workings. (Hint – remember to use the correct formula based upon your answer in.

c.Calculate the Inter Quartile Range (IQR) of the chocolate bars sold. When is the IQR more useful than the standard deviation? (Give an example based upon number of chocolate bars sold.)

d.Calculate the correlation coefficient. Using the problem we started with, interpret the correlation coefficient.

e.What is the probability that a randomly chosen player will be from Holmes OR receiving Grassroots training?

f.What is the probability that a randomly selected player will be External AND be in scientific training?

g.Given that a player is from Holmes, what is the probability that he is in scientific training?

h.Is training independent from recruitment? Show your calculations and then explain in your own words what it means.

A.Assuming a normal distribution, what is the probability that apartment will sell for over $2 million?

B.What is the probability that the apartment will sell for over $1 million but less than $1.1 million?

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