Customer database. A large philanthropic organiza-tion | StudySoup

Textbook Solutions for Stats: Modeling The World

Chapter 6 Problem 36

Question

Customer database. A large philanthropic organiza-tion keeps records on the people who have contributed totheir cause. In addition to keeping records of past giving,the organization buys demographic data on neighbor-hoods from the U.S. Census Bureau. Eighteen of thesevariables concern the ethnicity of the neighborhood of thedonor. Here are a histogram and summary statistics for thepercentage of whites in the neighborhoods of 500 donors: a) Which is a better summary of the percentage of whiteresidents in the neighborhoods, the mean or the me-dian? Explain.b) Which is a better summary of the spread, the IQR orthe standard deviation? Explain.c) From a Normal model, about what percentage ofneighborhoods should have a percent white withinone standard deviation of the mean?d) What percentage of neighborhoods actually have apercent white within one standard deviation of themean?e) Explain the discrepancy between parts c and d.

Solution

Step 1 of 3)

The first step in solving 6 problem number 36 trying to solve the problem we have to refer to the textbook question: Customer database. A large philanthropic organiza-tion keeps records on the people who have contributed totheir cause. In addition to keeping records of past giving,the organization buys demographic data on neighbor-hoods from the U.S. Census Bureau. Eighteen of thesevariables concern the ethnicity of the neighborhood of thedonor. Here are a histogram and summary statistics for thepercentage of whites in the neighborhoods of 500 donors: a) Which is a better summary of the percentage of whiteresidents in the neighborhoods, the mean or the me-dian? Explain.b) Which is a better summary of the spread, the IQR orthe standard deviation? Explain.c) From a Normal model, about what percentage ofneighborhoods should have a percent white withinone standard deviation of the mean?d) What percentage of neighborhoods actually have apercent white within one standard deviation of themean?e) Explain the discrepancy between parts c and d.
From the textbook chapter The Standard Deviation as a Ruler and the Normal Model you will find a few key concepts needed to solve this.

Step 2 of 7)

Visible to paid subscribers only

Step 3 of 7)

Visible to paid subscribers only

Subscribe to view the
full solution

Title Stats: Modeling The World  3 
Author David E. Bock
ISBN 9780131359581

Customer database. A large philanthropic organiza-tion

Chapter 6 textbook questions

×

Login

Organize all study tools for free

Or continue with
×

Register

Sign up for access to all content on our site!

Or continue with

Or login if you already have an account

×

Reset password

If you have an active account we’ll send you an e-mail for password recovery

Or login if you have your password back