Click the below link to access the answerGM 533 Applied Managerial Statistics Final Exam AnswerGM 533 Applied Managerial Statistics Final Exam Complete A+ Answer1. (TCO D) PuttingPeople2Work has a growing business placing out-of-work !"s. The# clai$ the# can place a client in a %ob in their fiel& in less than '( weeks. )ou are gi*en the following &ata fro$ a sa$ple.+a$ple si,e- 1..Population stan&ar& &e*iation- /+a$ple $ean- '0.21or$ulate a h#pothesis test to e*aluate the clai$. (Points - 1.)2o- 3 4 '(5 2a- 3 6 '(2o- 3 7 '(5 2a- 3 8 '( 2o- 3 9 '0.25 2a- 3 : '0.22o- 3 : '(5 2a- 3 9 '(2. (TCO !) The ;epublican part# is intereste& in stuing the nu$ber of republicans that $ight *ote in a particular congressional &istrict. "ssu$e that the nu$ber of *oters is bino$iall# &istribute& b# part# affiliation (either republican or not republican). P(>) cu$ulati*eprobabilit#. .....?@ .....?@1 ....?AA ...1.A02 ...0'?/ .../0(?' ..11A1? ..1A1@@0 ..2./.@ ..'A(?// ..20(.? ..(2'./( ..2./.@ ..@2@1'A ..11A1? ..?0/'1@ ...0'?/ ..?@?2(? ....?AA ..???.21. .....?@ 1......What is the probabilit# that no $ore than four will be republicansB (Points - 1.)'@C12C21C(2C'. (TCO ") Co$pan# "!C ha& sales per $onth as liste& below. Dsing the initab output gi*en= &eter$ine-(") ;ange (/ points)5(!) e&ian (/ points)5 an&(C) The range of the &ata that woul& contain (@C of the results. (/ points).;aw &ata- salesE$onth (illions of F)2'0/'0'0/((A/0'00//(2'1?Descripti*e +tatistics- +alesGariable Total Count ean +tDe* Gariance ini$u$ aHi$u$ ;ange+ales 12 0..@' 1/.'? 2'(.@@ 1?... (A... 0@...+te$-an&-Ieaf Displa#- +ales+te$-an&-leaf of +ales J 4 12Ieaf Dnit 4 1..1 1 ?' 2 ''' 2( ' 000( '( 0( 0 //0 / 0' / ((1 (1 ( A;eference-(TCO ") Co$pan# "!C ha& sales per $onth as liste& below. Dsing the ega+tat output gi*en= &eter$ine-(") ;ange (/ points)(!) e&ian (/ points)(C) The range of the &ata that woul& contain (@C of the results. (/ points);aw &ata- salesE$onth (illions of F)1?'02''0/(0/'/'(0(0A1?2'0. (TCO C= D) Tesla otors nee&s to bu# aHles for their new car. The# are consi&ering using Chris Cross anufacturing as a *en&or. TeslaKs reLuire$ent is that ?/C of the aHlesare 1.. c$ M 2 c$. The following &ata is fro$ a test run fro$ Chris Cross anufacturing.+houl& Tesla select the$ as a *en&orB NHplain #our answer.Descripti*e statisticscount 1($ean ??.@/.sa$ple *ariance 0.(2Asa$ple stan&ar& &e*iation 2.1/1$ini$u$ ?(.?$aHi$u$ 1.0range A.1population *ariance 0.''@population stan&ar& &e*iation 2..@'stan&ar& error of the $ean ../'@tolerance inter*al ?/.0/C lower ?/./0@tolerance inter*al ?/.0/C upper 1.0.1/2$argin of error 0.'.21st Luartile ?@.@/.$e&ian ??.2..'r& Luartile 1...//.interLuartile range 1.A..$o&e 1.'....(Points - 2/)/. (TCO D) " PC $anufacturer clai$s that no $ore than 2C of their $achines are &efecti*e. P(>9H) P(>7H) ean +t& &e*11 ..10( .?@/0 1/.@ 2.21/ .'/@1 .(01? 1/.@ 2.221 .??1. ...?. 1/.@ 2.220 .???? ....1 1/.@ 2.2p(lower) p(upper) (") "nal#,e the output abo*e to &eter$ine what percentage of "$ericans will eHercise between 11 an& 21 $inutes per week. (1/ points)(!) What percentage of "$ericans will eHercise less than 1/ $inutesB