Assessment item 2Assignment 2

ASSESSMENT

Due date:

6:00pm, Friday, Week 10

Weighting:

20%

Length:

One file (.doc, .docx, .rtf or pdf) no more than 15 MB

Question 1

4 Marks

The following data shows the amount of money (in dollars) spent by a sample of 24
customers at the local fast food restaurant.
23
17

14
18

32
19

9
42

32
26

14
21

25
17

8
19

4
21

19
6

21
9

11
18

(a)

Construct a stem-and-leaf diagram using this data.

(b)

The restaurant believes that the average spending of customers is usually less than $25.
Using your answer in (a), comment on this statement (Use 20 to 30 words).
1 mark

(c)

Recommend and draw the most suitable graph for this data. (Use 30 to 50 words to
answer this part)
2 marks

Question 2

1 mark

4 Marks

The following data shows the share prices (in dollars) of BMW in the month of November
2015.

(a)

Date

Prices ($)

23 Nov 2015

98.45

20 Nov 2015

99.17

19 Nov 2015

98.73

18 Nov 2015

97.45

17 Nov 2015

97.26

16 Nov 2015

94.71

13 Nov 2015

94.54

12 Nov 2015

94.46

11 Nov 2015

96.18

10 Nov 2015

95.93

9 Nov 2015

94.96

6 Nov 2015

96.03

5 Nov 2015

92.78

4 Nov 2015

92.45

3 Nov 2015

93.57

Calculate the mean and standard deviation for this data.

2 marks

(b)

Calculate the Minimum, Q1, Median, Q3 and Maximum values for this data.

Question 3

2 marks

4 Marks

The table below is taken from the Australian Bureau of Statistics website. It provides data on
household use of the Internet from 2006 to 2013 in Australia.
Households with Internet access
Year

Frequency

Every day
At least
weekly
At least
monthly
At least
yearly
Never
Don't know
Total

200607
'000
3,321

200708
'000
3,703

200809
'000
4,281

201011
'000
5,157

201213
'000
5,933

1,561

1,540

1,382

1,339

1,202

185

176

132

148

129

21
31
19

26
25
20

25
33
26

20
39
21

23
31
26

5,138

5,492

5,878

6,724

7,343

(a)

Find the probability that a randomly selected households access the Internet in 20102011.
1 mark

(b)

In the years of 2006-2007, what is the probability that a randomly selected households
use the Internet every day?
1 mark

(c)

What is the probability that a randomly selected households access the Internet at least
monthly or at least yearly?
1 mark

(d)

What is the probability that a randomly selected households access the Internet at least
on monthly basis in 2007-2008?
1 mark

Question 4

4 Marks

(a)

Fiberglass manufacturing company finds 10% defective items in their production

output. The production manager has been instructed to analyse and recommend
solutions for improving the process. If a sample of 20 items is inspected, what is the
probability of finding exactly two or three defectives?
1 mark

(b)

An emergency unit at the local hospital has admitted an average of 20 patients per hour.
What is the probability that the next patient will be admitted at least 5 minutes from
now?
1 mark

(c)

It is observed that the average share prices of ANZ Bank are normally distributed with a
mean of $27 and a standard deviation of $2.
(i) What proportion of the share prices is between $25 and $35?

1 mark

(ii) What value do the upper 5% of the share prices exceed?

Question 5

1 mark

4 Marks

(a)

An operator for a telephone-answering service answers a large number of calls for two
real estate agents. The two agents are charged the same monthly fee for this service and
it is assumed that they will each receive approximately half the calls coming in. Based
on this assumption, find the probability that in the next 150 calls 90 or more will be for
one agent. (Use normal approximation of the binomial distribution.)
1 mark

(b)

A recent survey conducted by a Fitness Society found that 60% of Australians who
exercise daily by walking are women. If a random sample is taken of 15 people who
exercise daily, what is the approximate probability that there will be an exactly 11
females in the group?
1.5 marks

(c)

A study on online shopping habits found that men spend a mean of $2,401, whereas
women spend a mean of $1,527. Suppose that the study was based on a sample of 600
men and 700 females, and the standard deviation of the amount spent was $1,200 for
men and $1,000 for women.
At the 0.01 level of significance, is there evidence that the mean amount spent is higher
for men than for women?
1.5 marks