7.1.21 – Mutual Funds
MyStatLab
Pearson
Warning: MyLab has several Mutual Fund problems. THIS is the one that uses the 68-95-99.7 rule to find a % or more, a % or less, between two %’s.
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Your numbers will vary.
Warning: MyLab has several Mutual Fund problems. THIS is the one that uses the 68-95-99.7 rule to find a % or more, a % or less, between two %’s.
Your numbers will vary.
Warning: MyLab has several mutual fund questions. THIS is the one that gives mean return and standard deviation. Asks for percentiles and the IQR only. (The other one asks for more, less, and between)
Your numbers will vary.
Gives mean and standard deviation for two different tests and asks for z scores and higher relative scores.
Your numbers will vary.
Gives the mean and standard deviation for highway driving and asks to draw the model, find the central 95%, 95.7%, more than X mpg, between two mpg, best and worst 2.5% mpg. Uses 68 – 95 – 99.7 rule.
Your numbers will vary.
Gives two graphs and asks if normal is appropriate.
Two charts are given and asking if Normal Model is appropriate.
Given 10,000 possible phones numbers. Asked if all picked with equal probability, what model used, what probability that picked numbers would be even/odd, probability of one number
They give a % of people that don’t make a payment on their loan and a large number of loans and ask for the mean and standard deviation and the assumptions satisfied or not.
Your numbers will vary.
A truckload of apples arrives and a sample number is selected. They tell you the truckload will be rejected if a certain percent are rotten, etc. Then they say suppose a certain % are rotten, and ask if the shipment will still be accepted.
Your numbers will vary.
A catalog sales company promises to deliver internet orders within some number of days and they give you a confidence interval C% and a % plus or minus some error and ask what is all means.
Your numbers will vary.