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In the XYZ corporation, the salaries are as follows:
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100 people earn $20,000 per year
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20 people earn $40,000 per year
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2 people earn $100,000 per year
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1 person earns $300,000 per year
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Determine the mean salary and the median salary
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Which of these two central measures is more representative of the "average
worker's" salary?
Please comment.
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On a test , where the possible score were from 1 to 9, the following numbers
of people received each score:
Score |
0 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
# |
0 |
0 |
5 |
10 |
15 |
25 |
30 |
20 |
15 |
5 |
Find the median, mean and standard deviation.
What accounts for the fact that the mean is lower than the median?
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Verify the following binomial coefficient identities:
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(Here we assume
that k is between 1 and 100.)
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(Here, we assume
that
.)
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(What is the correct exponent on the right side?
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Verify carefully that the expected number of heads in 50 flips of a fair
coin is really equal to 50.
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Review your notes from class exercises, homework from chapter 11, etc.