Calculating Probabilities for Car Data Set Analyzing Car Data: Calculating Probabilities

Calculating Probabilities for Car Data Set

Analyzing Car Data: Calculating Probabilities

Recall the car data set you identified in Week 2. You will want to calculate the average for your data set. (Be sure you use the numbers without the supercar outlier) Once you have the average count how many of your data points fall below the average. You will take that number and divide it by 10. This will be your p or “success” in your problem. Once you have p, calculate q.
If you were to find another random sample of 10 cars based on the same data, what is the probability that exactly 4 of them will fall below the average? Make sure you interpret your results.
If you were to find another random sample of 10 cars based on the same data, what is the probability that fewer than 5 of them will fall below the average? Make sure you interpret your results.
If you were to find another random sample of 10 cars based on the same data, what is the probability that more than 6 of them will fall below the average? Make sure you interpret your results.
If you were to find another random sample of 10 cars based on the same data, what is the probability that at least 4 of them will fall below the average? Make sure you interpret your results.

Struggling with your essay and deadlines?

Get this or a similar paper done in as fast as 4 hours, 24/7.

NB: We do not sell prewritten papers. All essays are written from scratch according to are specific needs and instructions.

Secure Service,  Plagiarism Free,  On-time Delivery.