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Problem Set 2

This document provides instructions for a problem set involving probability, statistics, and regression analysis. It contains 5 questions with multiple parts each. Question 1 involves finding z-values from standard normal distributions. Question 2 deals with salary distributions and probabilities. Question 3 involves z-scores, raw scores, and percentiles for a normal exam score distribution. Question 4 involves plotting a scatter diagram, finding a regression line, and using it to predict course performance. Question 5 examines the correlation between income and home size, finding the correlation coefficient and regression line equation.

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SOPHIA BEATRIZ UY
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© © All Rights Reserved
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145 views

Problem Set 2

This document provides instructions for a problem set involving probability, statistics, and regression analysis. It contains 5 questions with multiple parts each. Question 1 involves finding z-values from standard normal distributions. Question 2 deals with salary distributions and probabilities. Question 3 involves z-scores, raw scores, and percentiles for a normal exam score distribution. Question 4 involves plotting a scatter diagram, finding a regression line, and using it to predict course performance. Question 5 examines the correlation between income and home size, finding the correlation coefficient and regression line equation.

Uploaded by

SOPHIA BEATRIZ UY
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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MMW Problem Set 2:

Due: March 17, 2021

Answer the following using any method of your preference. Place your final answers in a word file
and save it as pdf.
1. Given a standard normal distribution, find the value of 𝑧𝑜 such that
a. 𝑷(𝒛 > 𝒛𝒐 ) = 𝟎. 𝟐𝟒𝟗𝟔
b. 𝑷(𝒛 < 𝒛𝒐 ) = 𝟎. 𝟎𝟒𝟐𝟕
c. 𝑷(−𝟎. 𝟗𝟑 < 𝒛 < 𝒛𝒐 ) = 𝟎. 𝟕𝟐𝟑𝟓
[3pts]
2. Studies show that the average starting salaries for a new graduate is Php 22,510 with a
standard deviation of Php 2,250. If salaries are normally distributed, what is the probability
that a new graduate will earn
a. more than Php 21,000?
b. Between Php 24,000 and Php 26,000?
[4pts]
3. The average score on your Math Exams was 75 with a standard deviation of 20. Assuming the
scores are normally distributed.
a. If your corresponding z-score was 1.5, what is your corresponding raw score and
percentile rank?
b. If the top 5% are given A’s in that examination, what is the lowest raw score to get
an A?
c. What percentage of the students got a score above 90?
[6pts]
4. A mathematics placement test is given to all incoming freshmen at the College of
Accountancy. A student who receives a grade below 35 is denied admission to the regular
mathematics course and placed in a remedial class. The placement test scores and the final
grades for 20 students who took the regular course were recorded.

Test Course Test Course


Score Grade Score Grade
50 53 35 41
35 61 40 56
55 68 65 36
35 11 60 70
90 79 35 59
90 54 80 91
60 48 60 71
40 47 55 53
50 68 65 57
50 79 60 71

a. Plot a scatter diagram.


b. Find the equation of the regression line to predict course grades from placement
test scores.
c. Graph the line on the scatter diagram.
d. If 60 is the minimum passing grade, below which placement test score should
students in the future be denied admission to this course?
[10pts]
5. In a given community, a survey was conducted to determine whether there is any relationship
between the size of one’s yearly income x (in hundred thousands of pesos) and the size of
one’s home y (in hundreds of square meters). The data were collected for 10 samples.

x. Income 41.2 68.3 22.4 56.7 42.2 86.1 50.3 35.7 44.4 47.5

y, Home size 2.9 3.5 2.5 3.1 3.3 4 3.7 2.9 3 3.1

a. Find the correlation coefficient r between income and home size


b. Determine the equation of the regression line of home size on income.
c. Determine the home size of a person with an annual income of Php 4,000,000.00
[7pts]

Reference: Calingasan, R., Martin, M., & Yambao, E. (2018). Mathematics in the Modern World. C & E
Publishing., Inc.

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