Solution Stat 328 Quiz Summer 2000 1. (a) C œ "'Þ&, = œ *Þ($ (b) There is an (inadvertent) twist in this problem. It has to do with the fact that we are dealing with temperature DIFFERENCES. Note that ÐMay31>/7:G • May1>/7:GÑ œ aÐÞ&&&'ÐMay31>/7:J Ñ • "(Þ((()Ñ • ÐÞ&&&'ÐMay1>/7:J Ñ • "(Þ((()Ñb That is ÐMay31>/7:G • May1>/7:GÑ œ Þ&&&'aMay31>/7:J • May1>/7:J b and the whole " • "(Þ((()" business washes out of the problem. The fact is that if a "C" data set has mean C and standard deviation =C and we make data values A from the C 's via A œ +C € , then the "A" data set has mean A œ +C € , and standard deviation =A œ k+k=C So Centigrade mean œ ÐÞ&&&'ÑÐ"'Þ&Ñ œ *Þ"' and Centigrade standard deviation œ ÐÞ&&&'ÑÐ*Þ($Ñ œ &Þ%" (c) "'Þ& „ #Þ&(" *Þ($ È' (d) "'Þ& „ #Þ&("Ð*Þ($ÑÉ" € " ' (e) D œ !•"& "" œ • "Þ$' so the desired probability is Þ& • Þ%"$" œ Þ!)'*. There is about a 9% chance of this kind of occurrence. 2. (a) UÐÞ#&Ñ œ $rd ordered data value œ () (b) The histogram is surely not bell-shaped. It is instead long-tailed (or skewed) right. (c) The confidence level associated with Ð=7+66/=> C3 ß 6+<1/=> C3 Ñ as a prediction interval for one more C # is " • "!€" œ Þ)"). I'm "82% sure" the next price will be in the range $(&ß !!! to $$'!ß !!!.