1)A group of 110 students sat an aptitude test, their resulting scores are presented: 66 61 66 76 70 64 67 66 71 64 63 61 65 67 67 72 62 64 69 65 72 53 76 69 60 76 70 62 70 71 71 71 64 63 69 65 79 63 64 66 61 58 80 74 61 67 70 62 71 69 79 75 73 72 66 68 72 72 67 63 76 61 75 64 84 73 53 76 71 65 64 61 74 74 72 78 70 83 77 79 67 69 79 66 62 70 75 66 61 75 77 69 75 63 68 69 74 76 79 72 72 58 67 65 58 75 53 62 64 76 a)Calculate the mean...

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1)A group of 110 students sat an aptitude test, their resultingscores are presented:

66
61
66
76
70
64
67
66
71
64
63
61
65
67
67
72
62
64
69
65
72
53
76
69
60
76
70
62
70
71
71
71
64
63
69
65
79
63
64
66
61
58
80
74
61
67
70
62
71
69
79
75
73
72
66
68
72
72
67
63
76
61
75
64
84
73
53
76
71
65
64
61
74
74
72
78
70
83
77
79
67
69
79
66
62
70
75
66
61
75
77
69
75
63
68
69
74
76
79
72
72
58
67
65
58
75
53
62
64
76

a)Calculate the mean and standard deviation for the sample. Giveyour answers to 2 decimal places.

sample mean = ?

sample standard deviation = ?

b)Find the proportion of scores that are within 1 standarddeviation of the sample mean and also the proportion that arewithin 2 standard deviations of the sample mean. Use the unroundedvalues for the mean and standard deviation when doing thiscalculation. Give your answers as decimals to 2 decimal places.

Proportion of scores within 1 standard deviation of the mean =?

Proportion of scores within 2 standard deviations of the mean =?

c)Select the appropriate description for the data:

a)the data are APPROXIMATELY normal
b)the data are CLEARLY not normal

d)Calculate the standardized value for the sample value 75. Notethat, for a value x within a sample that is approximatelydistributed as N(x,s), a standardized value can be calculated as z= (x - x) / s

standardized value (to 2 decimal places) for the sample value 75= ?

e)Calculate the probability that a standard normal randomvariable Z takes a values less than the standardized valuecalculated in part d). Give your answer as a decimal to 4 decimalplaces.

Probability Z less than standardized value = ?

f)Find the proportion of values in the sample that are less than75. Give you answer as a decimal to 2 decimal places.

Proportion of values less than 75 = ?

2)

A group of mutual funds earned varying annual rates of return inthe last year. These rates of return are normally distributed witha mean of 6% and a standard deviation of 17%.

One mutual fund in this group managed to earn a rate of returnthat was double that of this group's average that year. Thisperformance would put the fund in the top X% of those funds in thatyear.

Calculate X%. Give your answer to 1 decimal place.

X% = %

Answer & Explanation Solved by verified expert
4.4 Ratings (766 Votes)
1aThe mean of the scores is Then the sample mean of the above data is 686Also the    See Answer
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