5

In a recent report, the top tive most-visited English-language web sites were
google.com(GOOG), facebook.com (FB), youtube.com (YT), yahoo.com (YAH), and
wikipedia.com (WIKI). The most-visited web sites for sample of 50 Interest users are show
in the following table:

YAH WIKI YT WIKI GOOG

YT YAH GOOG GOOG GOOG
WIKI GOOG YAH YAH YAH
YAH YT GOOG YT YAH
GOOG FB FB WIKI GOOG
GOOG GOOG FB FB WIKI
FB YAH YT YAH YAH
YT GOOG YAH FB FB
WIKI GOOG YAH WIKI WIKI
YAH YT GOOG GOOG WIKI

a. Are these data categorical or quantitative?

b. Provide frequency and percent frequency distributions.
c. On the basis of the sample, which web site is most frequently the most-often-visited
web site for Internet users? Which is the second?

6
In a study of how chief executive offiecers (CEOs) spend their days, it was found that CEOs
spend an average of about 18 hours per week in meetings, not including conference calls,
business meals, and public events. Shown here are the times spent per week in meetings
(hours) for a sample of 25 CEOs:

14 15 18 23 15
19 20 13 15 23
23 21 15 20 21
16 15 18 18 19
19 22 23 21 12

a. What is the least amount of time a CEO spent per week in meetings in this sample? The
highest?
 a. What is the least amount of time a CEO spent per week in meetings in this sample? The
highest?
b. Use a class width of 2 hours to prepare a frequency distribution and a percent
frequency distribution for the data.
c. Prepare a histogram and comment on the shape of the distribution.

17 Suppose that you initially invested $10,000 in the Stivers mutual fund and $5,000 in the
Trippi mutual fund. The value of each investment at the end of each subsequent year is
provided in the table:

Year Stivers ($) Trippi ($)

1 11,000 5,600
2 12,000 6,300
3 13,000 6,900
4 14,000 7,600
5 15,000 8,500
6 16,000 9,200
7 17,000 9,900
8 18,000 10,600

18
The average time that Americans commute to work is 27.7 minutes (Sterling's Best Places,
April 13, 2012). The average commute times in minutes for 48 cities are as follows:

Albaquerque 23.30 Jacksonville

Atlanta 28.30 Kansas City
Austin 24.60 Las Vega
Baltimore 32.10 Little Rock
Boston 31.70 Los Angeles
Charlotte 25.80 Louisville
Chicago 38.10 Memphis
Cincinnati 24.90 Miami
Cleveland 26.80 Milwaukee
Columbus 23.40 Minneapolis
 Dallas 28.50 Nashville
Denver 28.10 New Orleans
Detroit 29.30 New York
El Paso 24.40 Oklahoma City
Fresno 23.00 Orlando
Indianapolis 24.80 Philadelphia

a. What is the mean commute time for these 48 cities?

b. What is the median commute time for these 48 cities?
c. What is the mode for these 48 cities?
d. What is the variance and standard deviation of commute times for these 48 cities
e. What is the third quartile of commute times for these 48 cities?

23 Suppose that the national average for the math portion of the College Board's SAT is 515.
The College Board Periodically rescales the test scores such that the standard deviation is
approximately 100. Answer the following questions using a bell-shaped distribution and
the empirical rule for the math test scores.

a. What percentage of students have an SAT math score greater than 615?
b. What percentage of students have an SAT math score greater than 715?
c. What percentage of students have an SAT math score between 415 and 515?
d. What is the z-score for student with an SAT math score of 620?
e. What is the z-score for a student with an SAT math score of 405?

26
The economic downturn in 2008-2009 resulted in the loss of jobs and an increase in
delinquent loans for housing. In projecting where the real estate market was headed in th
coming year, economists studied the relationship between the jobless rate and the
percentage of delinquent loans. The expectation was that if the jobless rate continued to
increase, there would also be an increase in the percentage of delinquent loans. The
following data show the jobless rate and the delinquent loan percentage for 27 major real
estate markets.

Metro Area Jobless Rate (%) Delinquent Loans (%)

Atlanta 7.10 7.02
Boston 5.20 5.31
Charlotte 7.80 5.38
Chicago 7.80 5.40
Dallas 5.80 5.00
Denver 5.80 4.07
Detroit 9.30 6.53
Houston 5.70 5.57
Jacsonville 7.30 6.99
Las Vegas 7.60 11.12
Los Angeles 8.20 7.56
Miami 7.10 12.11
Minneapolis 6.30 4.39
Nashville 6.60 4.78
New York 6.20 5.78
Orange County 6.30 6.08
Orlando 7.00 10.05
Philadelphia 6.20 4.75
Phoenix 5.50 7.22
Portland 6.50 3.79
Raleigh 6.00 3.62
Sacramento 8.30 9.24
St. Louis 7.50 4.40
San Diego 7.10 6.91
San Francisco 6.80 5.57
Seattle 5.50 3.87
Tampa 7.50 8.42

a. Compute the correlation coefficient. Is there a positive correlation between the jobless
rate and the percentage of delinquent housing loans? What is your interpretation?

b. Show a satter diagram of the relationship between the jobless rate and the percentage
of delinquent housing loans.
b sites were
o.com (YAH), and
0 Interest users are shown

the most-often-visited

ys, it was found that CEOs

ncluding conference calls,
ent per week in meetings

etings in this sample? The

n and a percent

fund and $5,000 in the

ach subsequent year is

tes (Sterling's Best Places,

ties are as follows:

26.20 Phoenix 28.30

23.40 Pittsburgh 25.00
28.40 Portland 26.40
20.10 Providence 23.60
32.20 Richmond 23.40
21.40 Sacramento 25.80
23.80 Salt Lake City 20.20
30.70 San Antonio 26.10
24.80 San Diego 24.80
23.60 San Francisco 32.60
 25.30 San Jose 28.50
31.70 Seattle 27.30
43.80 St. Louis 26.80
22.00 Tucson 24.00
27.10 Tulsa 20.10
34.20 Washington, D.C. 32.80

s for these 48 cities

ollege Board's SAT is 515.

the standard deviation is
haped distribution and

han 615?
than 715?
n 415 and 515?

s and an increase in
market was headed in the
bless rate and the
obless rate continued to
elinquent loans. The
centage for 27 major real
tion between the jobless
ur interpretation?

rate and the percentage