Question

Students interested in a career as an actuary often apply for a summer job with a life insurance company or consulting firm. Applicants for such a position are usually required to write a test to demonstrate their knowledge and abilities. The following data are the test scores of a random sample of 20 such applicants.

98733936498537279875476385717492298 4

(a) Use the procedure on p. 7 of BSPT to select the proper test/confidence interval for this data set.

(b) Based on (a), use the appropriate test to determine if the mean (median) test score for the population of applicants exceeds 50. (α = .10)

Outputs for Question 22

mean(di) = 52.25 median(di) = 51 sd(di) = 34.24813 Non-normality Test r = 0.9630928 |

Answer #1

Calculate the mean, median, mode, variance (population) and
standard deviation (sample) for the following test grades: 65, 60,
67, 71, 75, 80, 65 Use this information to answer questions #1-4.
Question 1 (0.5 points) Saved The mode is: Question 1 options: 65
60 There is no modal category 75 71 Question 2 (0.5 points) Saved
The median is: Question 2 options: 67 65 80 66 None of the above
Question 3 (0.5 points) What is the approximate population variance
for...

Delta airlines case study
Global strategy. Describe the current global
strategy and provide evidence about how the firms resources
incompetencies support the given pressures regarding costs and
local responsiveness. Describe entry modes have they usually used,
and whether they are appropriate for the given strategy. Any key
issues in their global strategy?
casestudy:
Atlanta, June 17, 2014. Sea of Delta employees and their
families swarmed between food trucks, amusement park booths, and
entertainment venues that were scattered throughout what would...

ADVERTISEMENT

Get Answers For Free

Most questions answered within 1 hours.

ADVERTISEMENT

asked 4 minutes ago

asked 10 minutes ago

asked 40 minutes ago

asked 42 minutes ago

asked 44 minutes ago

asked 49 minutes ago

asked 55 minutes ago

asked 1 hour ago

asked 1 hour ago

asked 2 hours ago

asked 2 hours ago

asked 2 hours ago