The following table shows a sample of the amount spent for lunch by 8 students Lunch Spending ($) = x; 28 10 1 15 8 6 10 6 4. What is the median of this sample?
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- Use the following cell phone airport data speeds (Mbps) from a particular network. Find the percentile corresponding to the data speed 0.6 Mbps. 0.4 0.4 0.1 0.6 0.2 0.6 0.7 0.8 1.6 4.8 9.7 1.9 5.4 10.7 0.3 0.6 2.2 5.4 10.9 Percentile of 0.6= (Round to the nearest whole number as needed.) 0.3 0.7 2.5 5.5 11.6 2.6 5.8 12.5 C 2.7 6.2 13.5 0.4 0.9 2.8 6.9 13.8 0.5 1.2 2.8 8.6 14.1 0.5 1.5 A 3.7 8.8 15.5 0.5 1.5 3.9 9.6 28.3Use the formula to compute E(x).What are the three specific desirable characteristics of an estimator?
- A researcher wants to study about the behaviours of postgraduate students in Australia in mobile phone usage. One of the goals of the study is to analyse whether there is a relationship between the type of apps that the students use the most and the degree they are studying. What is the most suitable graph to see the relationship described above? Why?where did you get 0.1235 from??PRICE (Dollars per room) 500 450 400 350 300 250 200 150 100 50 0 Demand D 50 100 150 200 250 300 350 400 450 500 QUANTITY (Hotel rooms) Graph Input Tool Market for Oceans's Hotel Rooms Price (Dollars per room) Quantity Demanded (Hotel rooms per night) Demand Factors Average Income (Thousands of dollars) Airfare from MSY to ACY (Dollars per roundtrip) Room Rate at Meadows (Dollars per night) 350 150 50 200 250 ? For each of the following scenarios, begin by assuming that all demand factors are set to their original values and Oceans is charging $350 per room per night. If average household income increases by 20%, from $50,000 to $60,000 per year, the quantity of rooms demanded at the Oceans from rooms per night to rooms per night. Therefore, the income elasticity of demand is. , meaning that hotel rooms at the Oceans are If the price of an airline ticket from MSY to ACY were to increase by 10%, from $200 to $220 roundtrip, while all other demand factors remain at their initial values,…
- Note: the answer should be typed.24Jenny Company produces two types of pants: long pants and short pants. The cost of making a pair of short pants and a pair of long pants are RM 75 and RM 95 respectively. In one week, the company must produce at least 150 pants of each type. The minimum weekly production is 500 pants. The short pants are sold for RM 120 each and the long pants for RM 150 each. Using the graphical method, find: a. The number of short pants and long pants to be made in a week in order to minimise the total production cost. b. The profit made at the minimum weekly production cost.
