Problem 1) The following data were collected on scores (out of a possible 100) for a pretest in quantitative methods. Using Excel's statistical functions complete the following questions.
ARRIVALS |
DATA SET 1 |
DATA SET 2 |
95 |
75 |
68 |
45 |
25 |
18 |
102 |
67 |
65 |
62 |
17 |
15 |
99 |
87 |
94 |
49 |
37 |
54 |
88 |
120 |
81 |
48 |
70 |
31 |
100 |
71 |
104 |
50 |
21 |
54 |
a. What are the means for the two data sets?
b. What are the medians for the two data sets? Is there a difference or similarity between the mean and the median? Explain the similarity or difference.
c. What are the standard deviations for each of the data sets?
d. Construct a histogram for each data set, using 5 as your class width and starting with 60 as your West class for data set 1 and 10 for data set 2.
e. Relate the standard deviation you calculated in part c to your histograms in part d.
Problem 2) Eastern Airlines knows that 20% of its customers fly first class, 20% fly business class, and the rest fly coach. Of those customers who fly first class, 70% are from the East Coast while 30% are from elsewhere. In addition, of those customers who fly business class, 50% are from the East Coast and 50% are from elsewhere. Finally, of those customers that fly coach class, 75% are from elsewhere and 25% are from the East Coast.
a. Construct a probability tree for this problem.
b. Construct a probability table for this problem.
c. Determine the probability that a customer from the East Coast will fly first class.
d. What is the probability that a customer will be from the East Coast?