×
Log in to StudySoup
Get Full Access to Statistics: Informed Decisions Using Data - 5 Edition - Chapter 6.2 - Problem 42
Join StudySoup for FREE
Get Full Access to Statistics: Informed Decisions Using Data - 5 Edition - Chapter 6.2 - Problem 42

Already have an account? Login here
×
Reset your password

?Sullivan Survey: Car Color According to paint manufacturer DuPont, 6% of all cars worldwide are red. In the Sullivan Statistics Survey, of 175 respond

Statistics: Informed Decisions Using Data | 5th Edition | ISBN: 9780134133539 | Authors: Michael Sullivan III ISBN: 9780134133539 240

Solution for problem 42 Chapter 6.2

Statistics: Informed Decisions Using Data | 5th Edition

  • Textbook Solutions
  • 2901 Step-by-step solutions solved by professors and subject experts
  • Get 24/7 help from StudySoup virtual teaching assistants
Statistics: Informed Decisions Using Data | 5th Edition | ISBN: 9780134133539 | Authors: Michael Sullivan III

Statistics: Informed Decisions Using Data | 5th Edition

4 5 1 423 Reviews
14
1
Problem 42

Sullivan Survey: Car Color According to paint manufacturer DuPont, 6% of all cars worldwide are red. In the Sullivan Statistics Survey, of 175 respondents, 17, or 9.7%, indicated the color of their car is red. Determine if the results of the Sullivan Survey contradict those of DuPont by computing P(X  17), where X is a binomial random variable with n = 175 and p = 0.06. Explain what the probability represents.

Step-by-Step Solution:

Step 1 of 5) Sullivan Survey: Car Color According to paint manufacturer DuPont, 6% of all cars worldwide are red. In the Sullivan Statistics Survey, of 175 respondents, 17, or 9.7%, indicated the color of their car is red. Determine if the results of the Sullivan Survey contradict those of DuPont by computing P(X ≥ 17), where X is a binomial random variable with n = 175 and p = 0.06. Explain what the probability represents. Consider a filling machine (such as a coffee machine) that over- and underfills cups, but, on average, fills correctly. Customers are not happy about underfilled cups, and they are dissatisfied with overfilled cups because of spilling. They want a machine that consistently delivers the correct amount. As another example, consider a mutual fund that invests in the stock market. An investor would prefer consistent year-to-year returns near 12%, rather than returns that fluctuate wildly, yet result in a mean return of 12%. Both of these situations illustrate the importance of measuring variability. The main idea is that the standard deviation and the variance are measures of consistency. The less consistent the values of a variable are, the higher the standard deviation of the variable. We begin by reviewing the chi-square distribution.

Step 2 of 2

Chapter 6.2, Problem 42 is Solved
Textbook: Statistics: Informed Decisions Using Data
Edition: 5
Author: Michael Sullivan III
ISBN: 9780134133539

The full step-by-step solution to problem: 42 from chapter: 6.2 was answered by , our top Statistics solution expert on 01/15/18, 03:19PM. The answer to “?Sullivan Survey: Car Color According to paint manufacturer DuPont, 6% of all cars worldwide are red. In the Sullivan Statistics Survey, of 175 respondents, 17, or 9.7%, indicated the color of their car is red. Determine if the results of the Sullivan Survey contradict those of DuPont by computing P(X ? 17), where X is a binomial random variable with n = 175 and p = 0.06. Explain what the probability represents.” is broken down into a number of easy to follow steps, and 72 words. This textbook survival guide was created for the textbook: Statistics: Informed Decisions Using Data, edition: 5. Since the solution to 42 from 6.2 chapter was answered, more than 218 students have viewed the full step-by-step answer. This full solution covers the following key subjects: . This expansive textbook survival guide covers 88 chapters, and 2422 solutions. Statistics: Informed Decisions Using Data was written by and is associated to the ISBN: 9780134133539.

Other solutions

Discover and learn what students are asking






Statistics: Informed Decisions Using Data : Data Collection
?In Problems 1–5, provide a definition using your own words. 1. Statistics




Statistics: Informed Decisions Using Data : Estimating a Population Standard Deviation
?True or False: The shape of the chi-square distribution depends on its degrees of freedom.



People also purchased

Related chapters

Unlock Textbook Solution

Enter your email below to unlock your verified solution to:

?Sullivan Survey: Car Color According to paint manufacturer DuPont, 6% of all cars worldwide are red. In the Sullivan Statistics Survey, of 175 respond