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INSTRUCTION: Determine the mean, median, mode, quartiles (q1, q2 and q3), range,
interquartile range, variance, standard deviation and coefficient of variation of the sample
data below. (11 points each)
PROBLEM 1: #dengue case / year; n=16 subjects
10; 8; 5; 2; 3; 3; 3; 6; 4; 2; 4; 5; 4; 4; 1; 0
1; 0; 1; 4; 6; 2; 2; 3; 2; 2; 1; 0
5 0 9 10 6 10 8 0 0 7 10 0 0
9 3 8 8 2 12 10 10 63 22 18 15
n = 20 cadets
10; 16; 15; 11; 12; 8; 8; 7; 6; 5; 9; 4; 5; 13; 14; 10; 15; 10; 12; 10
4 4 2 2 3 3 1 2 2 1 10 7 8 6 5 5
9 9 7 7 7 10 12 0 0 1 1 3 4 5 6 8
PROBLEM 9: Which of the following statements about discrete probability distributions
is false?
(a) the binomial distribution is an example of a discrete probability distribution
(b) With a discrete probability distribution, when you substitute the random variable into
the function, you find out the probability that the particular value will occur.
(c) the probability distribution for tossing a die is uniform with the probability of each
outcome equal to 1/6.
(d) the sum of all the possible outcomes is 1 (e) a probability may sometimes be
negative
PROBLEM 10: You are considering a business venture and you estimate the
probabilities of possible payoffs as follows:
$100,000 0.05
$50,000 0.10
$30,000 0.20
0 0.65
Using EMV, how much should you be willing to pay for this business venture?
PROBLEM 11: What is the EMV of a lottery that offers you a 0.0000001 probability of
making $50,000,000?