Busioness Stats test

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BUSA2182-Exam2.docx

BUSA2182 Introduction to Business Statistics

Fall 2018 Exam 2 October 19, 8:00 PM

BUSA2182 – Introduction to Business Statistics

Exam 2

October 19, 8:00 PM

Instructor: Hadi Farhangi

NOTES:

1. Open book, notes, homework, and additional exercise.

2. Internet is NOT allowed unless asked in a question.

3. One calculator is allowed for calculation.

4. Write all your answers on file.

5. The test is worth 40 points.

6. You are required to write out the essential definitions, descriptions, formulas and procedures for getting full score.

7. write in red in front of each question. Take snapshots of your screen and past it in front of a question if needed for Excel calculations. Do not upload any excel file. All answers should be included in a single word document!

8. You are required to read and sign the Honor Code below:

I have neither given nor received aid on this examination,

nor have I concealed any violation of the Honor Code.

Name (print) _____________________________________

Student ID _______________________________________

Initials, date: ___________________________________

Q1. A restaurant records the number of customers it receives for 15 days. The data is shown in the following.

140, 141, 171, 178, 187, 140, 238, 247, 254, 297, 205, 211, 206, 286, 187

a. Calculate the Q2, D6, D3, Q1 for these data.

b. Draw the boxplot for this data.

c. Calculate Software Skewness for this data. Show all steps of calculation.

Q2. We roll a dice two times and observe the sum of numbers that the dice shows at all three rolls:

a. What is the experiment?

b. What are the outcomes? How many outcomes do we have?

c. What is the probability that the sum of the outcomes is 4?

d. What is the probability that the sum of the outcomes is 6?

e. What is the probability that the sum of the outcomes is less than 5?

Q3. A restaurant manager records the number of customers walk-in between 5:00 PM and 10:00 PM each day for 2 weeks. Data is showing as follows:

18, 25, 15, 24, 38, 33, 26, 13, 27, 32, 24, 31, 25, 19

a. What is the probability of seeing at least one customer entering the restaurant between 5:00 PM and 10:00 PM?

b. What is the probability of seeing exactly one customer entering the restaurant between 5:00 PM and 10:00 PM?

c. What is the probability of seeing no customer entering the restaurant between 5:00 PM and 10:00 PM?

d. What is the probability of seeing at most two customers entering the restaurant between 5:00 PM and 10:00 PM?

Q4. The following table shows the probability of different numbers of customer entering a very small restaurant.

a. Calculate mean and variance of the discrete random variable.

b. Use Excel to calculate variance and mean of the discrete random variable.

# Customers

Probability

0

0.15

1

0.20

2

0.30

3

0.20

4

0.15

Q5. A traffic camera recorded the number of cars passing an intersection between 2:00 AM and 5:00 AM each day for 14 days. Data is showing as follows:

10, 15, 13, 14, 18, 23, 21, 18, 17, 12, 21, 11, 30, 29

a. What is the probability of seeing at least one car passing the intersection between 2:00 AM and 5:00 AM?

b. What is the probability of seeing exactly one car passing the intersection between 2:00 AM and 5:00 AM?

c. What is the probability of seeing no car passing the intersection between 2:00 AM and 5:00 AM?

d. What is the probability of seeing at most 2 cars passing the intersection between 2:00 AM and 5:00 AM?

Q6. Customers arrive at the carwash uniformly from 2 minutes to 50 minutes, on the weekend.

a. How long the washing station should be idle until a customer arrives? (What is the mean)

b. What is the probability that the washing station has to be idle more than 20 minutes?

c. What is the probability that the washing station has to be idle between 15 and 45 minutes?