SYM 506 Week 2 Assignment Help | Grand canyon University
- Grand Canyon University / SYM 506
- 01 May 2019
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SYM 506 Week 2 Assignment Help | Grand canyon University
Assignment 2 A Chapters 3-5 Practice Problems |
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Complete the problems below from the textbook. You
will need to use the "Lincolnville School District Bus Data" and the
"Century National Bank Data" files for this assignment.
1. Chapter 3 – Problem 88
Chapter 3- Problem 88: Refer to the Lincolnville School District bus data.
Prepare a report on the |
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maintenance cost for last month. Be sure to answer the
following questions in your report. |
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A: Around what values do the data tend to cluster?
Specifically what was the mean maintenance |
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last month? What is the median cost? Is one measure more
representative of the typical cost |
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than the others? B: What is the range of maintenance
costs? What is the standard deviation? |
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About 95% of the maintenance costs are between what two
values? |
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2. Chapter 4 – Problem 25
The
Director of Planning for Devine Dining Inc. wishes to study the relationship
be-tween the gender of a guest and whether the guest orders dessert. To
investigate the relationship, the manager collected the following information
on 200 recent customers.
Gender
Dessert Ordered Male Female Total
Yes 32 15 47
No 68 85 153
Total 100 100 200
a. What is the level of measurement of the two
variables?
b. What is the above table called?
c. Does the evidence in the table suggest men are
more likely to order dessert than women? Explain why.
3. Chapter
4 – Problem 46
Refer to the Lincolnville School District bus data.
a. Referring to the
maintenance cost variable, develop a box plot. What are the mini-mum, first
quartile, median, third quartile, and
maximum values? Are there any outliers?
b. Using the median
maintenance cost, develop a contingency table with bus manufac-turer as one
variable and
whether the maintenance cost was above or below the median as the other
variable. What are your
conclusions?
4. Chapter
5 – Problem 94
Refer to the Lincolnville school bus data. Set
up a variable that divides the age of the buses into three groups: new (less
than 5 years old), medium (5 but less than 10 years), and old (10 or more
years). The median maintenance cost is $4,179. Based on this value, create a
variable for those less than or equal to the median (low maintenance) and those
more than the median (high maintenance cost). Finally, develop a table to show
the relationship between maintenance cost and age of the bus.
a. What percentage of the buses are less than
five years old?
b. What percentage of the buses less than five
years old have low maintenance costs?
c. What percentage of the buses ten or more years
old have high maintenance costs?
d. Does maintenance cost seem to be related
to the age of the bus? Hint: Compare the maintenance cost of the old buses with
the cost of the new buses? Would you con-clude maintenance cost is independent
of the age?
5. Chapter 4
Case A – Century National Bank
1- Develop a graph or table that portrays the
checking balances. What is the balance of a typical customer? Do many customers
have more than $2,000 in their accounts? Does it appear that there is a
difference in the distribution of the accounts among the four branches? Around
what value do the account balances tend to cluster?
The most appropriate graphs are being provided
below and these graphs shall help in doing the activities in a proper
manner.
For problems requiring computations, please ensure
that your Excel file includes the associated cell computations and/or
statistics output. This information is needed in order to receive full credit
on these problems.
Submit output in one Excel file.
Assig |
Question Attachments
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