251y063t 4/20/06 ECO251 QBA1 THIRD EXAM Apr 25, 2005 TAKE HOME SECTION Name: ____Computer Solution____ Student Number: _________________________ Throughout this exam show your work! Please indicate clearly what sections of the problem you are answering and what formulas you are using. Part III. Do all the Following (19+ Points) Show your work! Neatness counts! 1. Ben Horim and Levy present the following actual returns for stock in Republic Steel and General Foods over a ten year period. Year R1 1 22.5 2 9.3 3 -18.6 4 48.1 5 44.4 6 56.0 7 -20.1 8 -11.0 9 17.1 10 22.3 R2 -23.7 8.6 4.3 -52.2 62.4 61.4 9.8 52.6 17.1 11.7 Before you start, personalize the data below as follows. Take the third to last digit of your student number and subtract it from -52.2 in the R2 column. This will make the results for year 4 even more disappointing than they actually were. (Example: Seymour Butz’s student number is 123450. He subtracts the 4 from -52.2 getting -56.2) . a) Find the sample mean, variance and coefficient of variation for R2. Use computational formulas. The results must look as if you calculated them by hand, although it is perfectly reasonable to check the results using a computer or a calculator. (2.5) b) Find the sample covariance and correlation between R1 and R2. (3) c) Using a conventional measure of risk, explain which stock is riskier. (1). [6.5] d) Make a table showing 11 portfolios. Start with a portfolio with all your money invested in stock 1 (P1 = 1, P2 = 0), then move to a portfolio with 90% in stock 1 and 10% in stock 2 (P1 = .90, P2 = .10), and move by tenths until you get a portfolio that is all stock 2. (5). The table should look as P1 R s C 1 .9 .8 .7 follows with much wider columns. .6 .5 Here R is the weighted average return, s .4 .3 .2 .1 0 is the standard deviation of the portfolio return, and C is the coefficient of variation. [11.5] 1 251y063t 4/20/06 e) f) Make a graph . Put the mean return on the y axis and the standard deviation on the x axis. (3) Connect your points in a curve. The C-like curve you will probably get illustrates the tradeoffs between return and risk and is called an investment opportunities frontier. Looking at the graph and the coefficients, are there stock portfolios that you would never recommend? Why? What portfolio would you recommend to an 80-year old widow? Why? What portfolio would you pick for yourself? Why? (1.5) [16] 2. It’s time for a jorcillator problem! As everyone knows a jorcillator has two components, a Phillinx and a Flubberall. The life of a Phillinx, x , is described by a continuous uniform distribution between c 0 h5 and d 30 h6 , where h5 and h6 are the last two digits of your student number . The life of a Flubberall, y , is described by a Normal distribution with a mean of 20 h5 and a standard deviation of 5.10 . (Example: Seymour Butz’s student number is 123450. c 0 5 5 , d 30 0 30 and 20 5 25 ). a) Find the following probabilities for the Phillinx: (i) PPH 1 P0 x 10 , the probability that it dies before the end of the tenth year, (ii) PPH 2 P10 x 20 , the probability that it dies between the end of the tenth and the end of the twentieth year and (iii) PPH 3 P( x 20) , the probability that it lasts beyond the twentieth year. (1.5) b) Find the following probabilities for the Flubberall: (i) PF1 P0 y 10 , the probability that it dies before the end of the tenth year, (ii) PF2 P10 y 20 , the probability that it dies between the end of the tenth and the end of the twentieth year and (iii) PF3 P( y 20 ) , the probability that it lasts beyond the twentieth year. (3) c) Make a joint probability table using the 6 events described above. Assume independence. (1) d) Assume that the Jorcillator will fail only if both components fail. Find the following probabilities for the Jorcillator: (i) PJ 1 , the probability that it dies before the end of the tenth year, (ii) PJ 2 , the probability that it dies between the end of the tenth and the end of the twentieth year and (iii) PJ 3 , the probability that it lasts beyond the twentieth year. (3) [23.5] e) (Extra credit) Find the following conditional probabilities: : (i) P J 3 F1 , (ii) P J 3 F2 (iii) PJ 1 F3 , PF1 J 2 (2). Computations for the portfolio problem and probabilities for the uniform and Normal distribution follow. 2 251y063t 4/20/06 Computations for the Portfolio Problem Version 0 Descriptive Statistics: R1 Variable N N* Mean R1 10 0 17.00 Variable R1 StDev 27.46 Minimum -20.10 Q1 -12.90 Median 19.70 Q3 45.33 Maximum 56.00 Descriptive Statistics: R2 Variable N N* Mean R2 10 0 15.2 Data Display Row 1 2 3 4 5 6 7 8 9 10 SE Mean 8.68 x 22.5 9.3 -18.6 48.1 44.4 56.0 -20.1 -11.0 17.1 22.3 xsq 506.25 86.49 345.96 2313.61 1971.36 3136.00 404.01 121.00 292.41 497.29 SE Mean 11.6 y -23.7 8.6 4.3 -52.2 62.4 61.4 9.8 52.6 17.1 11.7 StDev 36.6 ysq 561.69 73.96 18.49 2724.84 3893.76 3769.96 96.04 2766.76 292.41 136.89 Minimum -52.2 Q1 -2.7 Median 10.8 Q3 54.8 Maximum 62.4 xy -533.25 79.98 -79.98 -2510.82 2770.56 3438.40 -196.98 -578.60 292.41 260.91 Data Display sumx sumx2 sumy sumy2 sumxy n xbar ybar svarx svary scovxy sx sy rxy rxy2 170.000 9674.38 152.000 14334.8 2942.63 10.0000 17.0000 15.2000 753.820 1336.04 39.8478 27.4558 36.5519 0.0397063 0.00157659 Data Display R1mean R1stdv R2mean R2stdv corr 17.0000 27.4558 15.2000 36.5519 0.0397063 Data Display Row 1 2 3 4 5 6 7 8 9 10 11 Pin1 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 Pmean 15.20 15.38 15.56 15.74 15.92 16.10 16.28 16.46 16.64 16.82 17.00 Pstdv 36.5519 33.1196 29.9662 27.1890 24.9141 23.2893 22.4559 22.5023 23.4230 25.1222 27.4558 CofV 2.40473 2.15342 1.92585 1.72738 1.56496 1.44654 1.37936 1.36709 1.40763 1.49359 1.61505 3 251y063t 4/20/06 Version 1.00000 Descriptive Statistics: R1 Variable N N* Mean R1 10 0 17.00 Variable R1 StDev 27.46 Minimum -20.10 Q1 -12.90 Median 19.70 Q3 45.33 Maximum 56.00 Descriptive Statistics: R2 Variable N N* Mean R2 10 0 15.1 Data Display Row 1 2 3 4 5 6 7 8 9 10 SE Mean 8.68 x 22.5 9.3 -18.6 48.1 44.4 56.0 -20.1 -11.0 17.1 22.3 xsq 506.25 86.49 345.96 2313.61 1971.36 3136.00 404.01 121.00 292.41 497.29 SE Mean 11.6 y -23.7 8.6 4.3 -53.2 62.4 61.4 9.8 52.6 17.1 11.7 StDev 36.8 ysq 561.69 73.96 18.49 2830.24 3893.76 3769.96 96.04 2766.76 292.41 136.89 Minimum -53.2 Q1 -2.7 Median 10.8 Q3 54.8 Maximum 62.4 xy -533.25 79.98 -79.98 -2558.92 2770.56 3438.40 -196.98 -578.60 292.41 260.91 Data Display sumx sumx2 sumy sumy2 sumxy n xbar ybar svarx svary scovxy sx sy rxy rxy2 170.000 9674.38 151.000 14440.2 2894.53 10.0000 17.0000 15.1000 753.820 1351.12 36.3922 27.4558 36.7576 0.0360601 0.00130033 Data Display R1mean R1stdv R2mean R2stdv corr 17.0000 27.4558 15.1000 36.7576 0.0360601 Data Display Row 1 2 3 4 5 6 7 8 9 10 11 Pin1 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 Pmean 15.10 15.29 15.48 15.67 15.86 16.05 16.24 16.43 16.62 16.81 17.00 Pstdv 36.7576 33.2941 30.1084 27.2980 24.9897 23.3331 22.4727 22.5002 23.4123 25.1129 27.4558 CofV 2.43428 2.17751 1.94499 1.74205 1.57564 1.45377 1.38379 1.36946 1.40868 1.49392 1.61505 4 251y063t 4/20/06 Version 2.00000 Descriptive Statistics: R1 Variable N N* Mean R1 10 0 17.00 Variable R1 SE Mean 8.68 StDev 27.46 Minimum -20.10 Q1 -12.90 Median 19.70 Q3 45.33 Maximum 56.00 Data Display svar 12297.6 Descriptive Statistics: R2 Variable N N* Mean R2 10 0 15.0 Data Display Row 1 2 3 4 5 6 7 8 9 10 x 22.5 9.3 -18.6 48.1 44.4 56.0 -20.1 -11.0 17.1 22.3 xsq 506.25 86.49 345.96 2313.61 1971.36 3136.00 404.01 121.00 292.41 497.29 SE Mean 11.7 y -23.7 8.6 4.3 -54.2 62.4 61.4 9.8 52.6 17.1 11.7 StDev 37.0 ysq 561.69 73.96 18.49 2937.64 3893.76 3769.96 96.04 2766.76 292.41 136.89 Minimum -54.2 Q1 -2.7 Median 10.8 Q3 54.8 Maximum 62.4 xy -533.25 79.98 -79.98 -2607.02 2770.56 3438.40 -196.98 -578.60 292.41 260.91 Data Display sumx sumx2 sumy sumy2 sumxy n xbar ybar svarx svary scovxy sx sy rxy rxy2 170.000 9674.38 150.000 14547.6 2846.43 10.0000 17.0000 15.0000 753.820 1366.40 32.9367 27.4558 36.9648 0.0324532 0.00105321 Data Display R1mean R1stdv R2mean R2stdv corr 17.0000 27.4558 15.0000 36.9648 0.0324532 Data Display Row 1 2 3 4 5 6 7 8 9 10 11 Pin1 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 Pmean 15.0 15.2 15.4 15.6 15.8 16.0 16.2 16.4 16.6 16.8 17.0 Pstdv 36.9648 33.4701 30.2521 27.4083 25.0664 23.3778 22.4902 22.4985 23.4017 25.1035 27.4558 CofV 2.46432 2.20198 1.96442 1.75694 1.58648 1.46111 1.38828 1.37186 1.40974 1.49426 1.61505 5 251y063t 4/20/06 Version 3.00000 Descriptive Statistics: R1 Variable N N* Mean R1 10 0 17.00 Variable R1 StDev 27.46 Minimum -20.10 Q1 -12.90 Median 19.70 Q3 45.33 Maximum 56.00 Descriptive Statistics: R2 Variable N N* Mean R2 10 0 14.9 Data Display Row 1 2 3 4 5 6 7 8 9 10 SE Mean 8.68 x 22.5 9.3 -18.6 48.1 44.4 56.0 -20.1 -11.0 17.1 22.3 xsq 506.25 86.49 345.96 2313.61 1971.36 3136.00 404.01 121.00 292.41 497.29 SE Mean 11.8 y -23.7 8.6 4.3 -55.2 62.4 61.4 9.8 52.6 17.1 11.7 StDev 37.2 ysq 561.69 73.96 18.49 3047.04 3893.76 3769.96 96.04 2766.76 292.41 136.89 Minimum -55.2 Q1 -2.7 Median 10.8 Q3 54.8 Maximum 62.4 xy -533.25 79.98 -79.98 -2655.12 2770.56 3438.40 -196.98 -578.60 292.41 260.91 Data Display sumx sumx2 sumy sumy2 sumxy n xbar ybar svarx svary scovxy sx sy rxy rxy2 170.000 9674.38 149.000 14657.0 2798.33 10.0000 17.0000 14.9000 753.820 1381.88 29.4811 27.4558 37.1736 0.0288852 0.000834354 Data Display R1mean R1stdv R2mean R2stdv corr 17.0000 27.4558 14.9000 37.1736 0.0288852 Data Display Row 1 2 3 4 5 6 7 8 9 10 11 Pin1 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 Pmean 14.90 15.11 15.32 15.53 15.74 15.95 16.16 16.37 16.58 16.79 17.00 Pstdv 37.1736 33.6477 30.3972 27.5199 25.1443 23.4236 22.5084 22.4972 23.3913 25.0942 27.4558 CofV 2.49487 2.22685 1.98415 1.77205 1.59748 1.46856 1.39284 1.37429 1.41082 1.49459 1.61505 6 251y063t 4/20/06 Version 4.00000 Descriptive Statistics: R1 Variable N N* Mean R1 10 0 17.00 Variable R1 StDev 27.46 Minimum -20.10 Q1 -12.90 Median 19.70 Q3 45.33 Maximum 56.00 Descriptive Statistics: R2 Variable N N* Mean R2 10 0 14.8 Data Display Row 1 2 3 4 5 6 7 8 9 10 SE Mean 8.68 x 22.5 9.3 -18.6 48.1 44.4 56.0 -20.1 -11.0 17.1 22.3 xsq 506.25 86.49 345.96 2313.61 1971.36 3136.00 404.01 121.00 292.41 497.29 SE Mean 11.8 y -23.7 8.6 4.3 -56.2 62.4 61.4 9.8 52.6 17.1 11.7 StDev 37.4 ysq 561.69 73.96 18.49 3158.44 3893.76 3769.96 96.04 2766.76 292.41 136.89 Minimum -56.2 Q1 -2.7 Median 10.8 Q3 54.8 Maximum 62.4 xy -533.25 79.98 -79.98 -2703.22 2770.56 3438.40 -196.98 -578.60 292.41 260.91 Data Display sumx sumx2 sumy sumy2 sumxy n xbar ybar svarx svary scovxy sx sy rxy rxy2 170.000 9674.38 148.000 14768.4 2750.23 10.0000 17.0000 14.8000 753.820 1397.56 26.0256 27.4558 37.3839 0.0253561 0.000642929 Data Display R1mean R1stdv R2mean R2stdv corr 17.0000 27.4558 14.8000 37.3839 0.0253561 Data Display Row 1 2 3 4 5 6 7 8 9 10 11 Pin1 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 Pmean 14.80 15.02 15.24 15.46 15.68 15.90 16.12 16.34 16.56 16.78 17.00 Pstdv 37.3839 33.8267 30.5437 27.6329 25.2235 23.4703 22.5272 22.4963 23.3811 25.0849 27.4558 CofV 2.52594 2.25211 2.00418 1.78738 1.60864 1.47612 1.39747 1.37676 1.41190 1.49493 1.61505 7 251y063t 4/20/06 Version 5.00000 Descriptive Statistics: R1 Variable N N* Mean R1 10 0 17.00 Variable R1 StDev 27.46 Minimum -20.10 Q1 -12.90 Median 19.70 Q3 45.33 Maximum 56.00 Descriptive Statistics: R2 Variable N N* Mean R2 10 0 14.7 Data Display Row 1 2 3 4 5 6 7 8 9 10 SE Mean 8.68 x 22.5 9.3 -18.6 48.1 44.4 56.0 -20.1 -11.0 17.1 22.3 xsq 506.25 86.49 345.96 2313.61 1971.36 3136.00 404.01 121.00 292.41 497.29 SE Mean 11.9 y -23.7 8.6 4.3 -57.2 62.4 61.4 9.8 52.6 17.1 11.7 StDev 37.6 ysq 561.69 73.96 18.49 3271.84 3893.76 3769.96 96.04 2766.76 292.41 136.89 Minimum -57.2 Q1 -2.7 Median 10.8 Q3 54.8 Maximum 62.4 xy -533.25 79.98 -79.98 -2751.32 2770.56 3438.40 -196.98 -578.60 292.41 260.91 Data Display sumx sumx2 sumy sumy2 sumxy n xbar ybar svarx svary scovxy sx sy rxy rxy2 170.000 9674.38 147.000 14881.8 2702.13 10.0000 17.0000 14.7000 753.820 1413.43 22.5700 27.4558 37.5957 0.0218655 0.000478102 Data Display R1mean R1stdv R2mean R2stdv corr 17.0000 27.4558 14.7000 37.5957 0.0218655 Data Display Row 1 2 3 4 5 6 7 8 9 10 11 Pin1 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 Pmean 14.70 14.93 15.16 15.39 15.62 15.85 16.08 16.31 16.54 16.77 17.00 Pstdv 37.5957 34.0071 30.6916 27.7472 25.3038 23.5180 22.5468 22.4958 23.3710 25.0757 27.4558 CofV 2.55753 2.27777 2.02451 1.80294 1.61996 1.48379 1.40216 1.37926 1.41300 1.49527 1.61505 8 251y063t 4/20/06 Version 6.00000 Descriptive Statistics: R1 Variable N N* Mean R1 10 0 17.00 Variable R1 StDev 27.46 Minimum -20.10 Q1 -12.90 Median 19.70 Q3 45.33 Maximum 56.00 Descriptive Statistics: R2 Variable N N* Mean R2 10 0 14.6 Data Display Row 1 2 3 4 5 6 7 8 9 10 SE Mean 8.68 x 22.5 9.3 -18.6 48.1 44.4 56.0 -20.1 -11.0 17.1 22.3 xsq 506.25 86.49 345.96 2313.61 1971.36 3136.00 404.01 121.00 292.41 497.29 SE Mean 12.0 y -23.7 8.6 4.3 -58.2 62.4 61.4 9.8 52.6 17.1 11.7 StDev 37.8 ysq 561.69 73.96 18.49 3387.24 3893.76 3769.96 96.04 2766.76 292.41 136.89 Minimum -58.2 Q1 -2.7 Median 10.8 Q3 54.8 Maximum 62.4 xy -533.25 79.98 -79.98 -2799.42 2770.56 3438.40 -196.98 -578.60 292.41 260.91 Data Display sumx sumx2 sumy sumy2 sumxy n xbar ybar svarx svary scovxy sx sy rxy rxy2 170.000 9674.38 146.000 14997.2 2654.03 10.0000 17.0000 14.6000 753.820 1429.51 19.1144 27.4558 37.8089 0.0184134 0.000339053 Data Display R1mean R1stdv R2mean R2stdv corr 17.0000 27.4558 14.6000 37.8089 0.0184134 Data Display Row 1 2 3 4 5 6 7 8 9 10 11 Pin1 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 Pmean 14.60 14.84 15.08 15.32 15.56 15.80 16.04 16.28 16.52 16.76 17.00 Pstdv 37.8089 34.1889 30.8408 27.8627 25.3852 23.5667 22.5671 22.4957 23.3611 25.0665 27.4558 CofV 2.58965 2.30384 2.04515 1.81872 1.63144 1.49156 1.40692 1.38180 1.41411 1.49562 1.61505 9 251y063t 4/20/06 Version 7.00000 Descriptive Statistics: R1 Variable R1 N 10 N* 0 Variable R1 Maximum 56.00 Mean 17.00 SE Mean 8.68 Descriptive Statistics: R2 Variable R2 N 10 N* 0 Mean 14.5 Data Display Row 1 2 3 4 5 6 7 8 9 10 x 22.5 9.3 -18.6 48.1 44.4 56.0 -20.1 -11.0 17.1 22.3 xsq 506.25 86.49 345.96 2313.61 1971.36 3136.00 404.01 121.00 292.41 497.29 SE Mean 12.0 y -23.7 8.6 4.3 -59.2 62.4 61.4 9.8 52.6 17.1 11.7 StDev 27.46 StDev 38.0 ysq 561.69 73.96 18.49 3504.64 3893.76 3769.96 96.04 2766.76 292.41 136.89 Minimum -20.10 Minimum -59.2 Q1 -12.90 Q1 -2.7 Median 19.70 Median 10.8 Q3 45.33 Q3 54.8 Maximum 62.4 xy -533.25 79.98 -79.98 -2847.52 2770.56 3438.40 -196.98 -578.60 292.41 260.91 Data Display sumx sumx2 sumy sumy2 sumxy n xbar ybar svarx svary scovxy sx sy rxy rxy2 170.000 9674.38 145.000 15114.6 2605.93 10.0000 17.0000 14.5000 753.820 1445.79 15.6589 27.4558 38.0235 0.0149994 0.000224983 Data Display R1mean R1stdv R2mean R2stdv corr 17.0000 27.4558 14.5000 38.0235 0.0149994 Data Display Row 1 2 3 4 5 6 7 8 9 10 11 Pin1 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 Pmean 14.50 14.75 15.00 15.25 15.50 15.75 16.00 16.25 16.50 16.75 17.00 Pstdv 38.0235 34.3722 30.9914 27.9796 25.4679 23.6163 22.5880 22.4960 23.3514 25.0573 27.4558 CofV 2.62231 2.33032 2.06610 1.83473 1.64309 1.49945 1.41175 1.38437 1.41524 1.49596 1.61505 10 251y063t 4/20/06 Version 8.00000 Descriptive Statistics: R1 Variable N N* Mean R1 10 0 17.00 Variable R1 StDev 27.46 Minimum -20.10 Q1 -12.90 Median 19.70 Q3 45.33 Maximum 56.00 Descriptive Statistics: R1 Variable N N* Mean R1 10 0 14.4 Data Display Row 1 2 3 4 5 6 7 8 9 10 SE Mean 8.68 x 22.5 9.3 -18.6 48.1 44.4 56.0 -20.1 -11.0 17.1 22.3 xsq 506.25 86.49 345.96 2313.61 1971.36 3136.00 404.01 121.00 292.41 497.29 SE Mean 12.1 y -23.7 8.6 4.3 -60.2 62.4 61.4 9.8 52.6 17.1 11.7 StDev 38.2 ysq 561.69 73.96 18.49 3624.04 3893.76 3769.96 96.04 2766.76 292.41 136.89 Minimum -60.2 Q1 -2.7 Median 10.8 Q3 54.8 Maximum 62.4 xy -533.25 79.98 -79.98 -2895.62 2770.56 3438.40 -196.98 -578.60 292.41 260.91 Data Display sumx sumx2 sumy sumy2 sumxy n xbar ybar svarx svary scovxy sx sy rxy rxy2 170.000 9674.38 144.000 15234.0 2557.83 10.0000 17.0000 14.4000 753.820 1462.27 12.2033 27.4558 38.2396 0.0116234 0.000135102 Data Display R1mean R1stdv R2mean R2stdv corr 17.0000 27.4558 14.4000 38.2396 0.0116234 Data Display Row 1 2 3 4 5 6 7 8 9 10 11 Pin1 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 Pmean 14.40 14.66 14.92 15.18 15.44 15.70 15.96 16.22 16.48 16.74 17.00 Pstdv 38.2396 34.5568 31.1434 28.0977 25.5516 23.6669 22.6096 22.4967 23.3418 25.0482 27.4558 CofV 2.65553 2.35722 2.08736 1.85097 1.65490 1.50745 1.41664 1.38697 1.41637 1.49631 1.61505 11 251y063t 4/20/06 Version 9.00000 Descriptive Statistics: R1 Variable N N* Mean R1 10 0 17.00 Variable R1 StDev 27.46 Minimum -20.10 Q1 -12.90 Median 19.70 Q3 45.33 Maximum 56.00 Descriptive Statistics: R1 Variable N N* Mean R1 10 0 14.3 Data Display Row 1 2 3 4 5 6 7 8 9 10 SE Mean 8.68 x 22.5 9.3 -18.6 48.1 44.4 56.0 -20.1 -11.0 17.1 22.3 xsq 506.25 86.49 345.96 2313.61 1971.36 3136.00 404.01 121.00 292.41 497.29 SE Mean 12.2 y -23.7 8.6 4.3 -61.2 62.4 61.4 9.8 52.6 17.1 11.7 StDev 38.5 ysq 561.69 73.96 18.49 3745.44 3893.76 3769.96 96.04 2766.76 292.41 136.89 Minimum -61.2 Q1 -2.7 Median 10.8 Q3 54.8 Maximum 62.4 xy -533.25 79.98 -79.98 -2943.72 2770.56 3438.40 -196.98 -578.60 292.41 260.91 Data Display sumx sumx2 sumy sumy2 sumxy n xbar ybar svarx svary scovxy sx sy rxy rxy2 170.000 9674.38 143.000 15355.4 2509.73 10.0000 17.0000 14.3000 753.820 1478.94 8.74778 27.4558 38.4570 0.00828491 0.000068640 Data Display R1mean R1stdv R2mean R2stdv corr 17.0000 27.4558 14.3000 38.4570 0.00828491 Data Display Row 1 2 3 4 5 6 7 8 9 10 11 Pin1 0.0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1.0 Pmean 14.30 14.57 14.84 15.11 15.38 15.65 15.92 16.19 16.46 16.73 17.00 Pstdv 38.4570 34.7427 31.2966 28.2170 25.6365 23.7185 22.6320 22.4978 23.3324 25.0391 27.4558 CofV 2.68930 2.38454 2.10893 1.86744 1.66687 1.51556 1.42161 1.38961 1.41752 1.49666 1.61505 12 251y063t 4/20/06 Probabilities for the Uniform Distribution Version number is h5 h6 Data Display version P00-10 P10-20 P20-30 Psum 00 0.333333 0.333333 0.333333 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 01.00000 0.344828 0.344828 0.310345 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 02.00000 0.357143 0.357143 0.285714 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 03.00000 0.370370 0.370370 0.259259 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 04.00000 0.384615 0.384615 0.230769 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 05.00000 0.400000 0.400000 0.200000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 06.00000 0.416667 0.416667 0.166667 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 07.00000 0.434783 0.434783 0.130435 1.00000 13 251y063t 4/20/06 Data Display version P00-10 P10-20 P20-30 Psum 08.00000 0.454545 0.454545 0.0909091 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 09.00000 0.476190 0.476190 0.0476190 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 10.0000 0.310345 0.344828 0.344828 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 11.0000 0.321429 0.357143 0.321429 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 12.0000 0.333333 0.370370 0.296296 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 13.0000 0.346154 0.384615 0.269231 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 14.0000 0.360000 0.400000 0.240000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 15.0000 0.375000 0.416667 0.208333 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 16.0000 0.391304 0.434783 0.173913 1.00000 14 251y063t 4/20/06 Data Display version P00-10 P10-20 P20-30 Psum 17.0000 0.409091 0.454545 0.136364 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 18.0000 0.428571 0.476190 0.0952381 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 19.0000 0.450000 0.500000 0.0500000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 20.0000 0.285714 0.357143 0.357143 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 21.0000 0.296296 0.370370 0.333333 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 22.0000 0.307692 0.384615 0.307692 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 23.0000 0.320000 0.400000 0.280000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 24.0000 0.333333 0.416667 0.250000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 25.0000 0.347826 0.434783 0.217391 1.00000 15 251y063t 4/20/06 Data Display version P00-10 P10-20 P20-30 Psum 26.0000 0.363636 0.454545 0.181818 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 27.0000 0.380952 0.476190 0.142857 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 28.0000 0.400000 0.500000 0.100000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 29.0000 0.421053 0.526316 0.0526316 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 30.0000 0.259259 0.370370 0.370370 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 31.0000 0.269231 0.384615 0.346154 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 32.0000 0.280000 0.400000 0.320000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 33.0000 0.291667 0.416667 0.291667 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 34.0000 0.304348 0.434783 0.260870 1.00000 16 251y063t 4/20/06 Data Display version P00-10 P10-20 P20-30 Psum 35.0000 0.318182 0.454545 0.227273 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 36.0000 0.333333 0.476190 0.190476 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 37.0000 0.350000 0.500000 0.150000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 38.0000 0.368421 0.526316 0.105263 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 39.0000 0.388889 0.555556 0.0555556 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 40.0000 0.230769 0.384615 0.384615 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 41.0000 0.240000 0.400000 0.360000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 42.0000 0.250000 0.416667 0.333333 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 43.0000 0.260870 0.434783 0.304348 1.00000 17 251y063t 4/20/06 Data Display version P00-10 P10-20 P20-30 Psum 44.0000 0.272727 0.454545 0.272727 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 45.0000 0.285714 0.476190 0.238095 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 46.0000 0.300000 0.500000 0.200000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 47.0000 0.315789 0.526316 0.157895 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 48.0000 0.333333 0.555556 0.111111 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 49.0000 0.352941 0.588235 0.0588235 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 50.0000 0.200000 0.400000 0.400000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 51.0000 0.208333 0.416667 0.375000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 52.0000 0.217391 0.434783 0.347826 1.00000 18 251y063t 4/20/06 Data Display version P00-10 P10-20 P20-30 Psum 53.0000 0.227273 0.454545 0.318182 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 54.0000 0.238095 0.476190 0.285714 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 55.0000 0.250000 0.500000 0.250000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 56.0000 0.263158 0.526316 0.210526 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 57.0000 0.277778 0.555556 0.166667 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 58.0000 0.294118 0.588235 0.117647 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 59.0000 0.312500 0.625000 0.0625000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 60.0000 0.166667 0.416667 0.416667 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 61.0000 0.173913 0.434783 0.391304 1.00000 19 251y063t 4/20/06 Data Display version P00-10 P10-20 P20-30 Psum 62.0000 0.181818 0.454545 0.363636 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 63.0000 0.190476 0.476190 0.333333 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 64.0000 0.200000 0.500000 0.300000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 65.0000 0.210526 0.526316 0.263158 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 66.0000 0.222222 0.555556 0.222222 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 67.0000 0.235294 0.588235 0.176471 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 68.0000 0.250000 0.625000 0.125000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 69.0000 0.266667 0.666667 0.0666667 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 70.0000 0.130435 0.434783 0.434783 1.00000 20 251y063t 4/20/06 Data Display version P00-10 P10-20 P20-30 Psum 71.0000 0.136364 0.454545 0.409091 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 72.0000 0.142857 0.476190 0.380952 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 73.0000 0.150000 0.500000 0.350000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 74.0000 0.157895 0.526316 0.315789 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 75.0000 0.166667 0.555556 0.277778 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 76.0000 0.176471 0.588235 0.235294 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 77.0000 0.187500 0.625000 0.187500 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 78.0000 0.200000 0.666667 0.133333 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 79.0000 0.214286 0.714286 0.0714286 1.00000 21 251y063t 4/20/06 Data Display version P00-10 P10-20 P20-30 Psum 80.0000 0.0909091 0.454545 0.454545 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 81.0000 0.0952381 0.476190 0.428571 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 82.0000 0.100000 0.500000 0.400000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 83.0000 0.105263 0.526316 0.368421 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 84.0000 0.111111 0.555556 0.333333 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 85.0000 0.117647 0.588235 0.294118 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 86.0000 0.125000 0.625000 0.250000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 87.0000 0.133333 0.666667 0.200000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 88.0000 0.142857 0.714286 0.142857 1.00000 22 251y063t 4/20/06 Data Display version P00-10 P10-20 P20-30 Psum 89.0000 0.153846 0.769231 0.0769231 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 90.0000 0.0476190 0.476190 0.476190 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 91.0000 0.0500000 0.500000 0.450000 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 92.0000 0.0526316 0.526316 0.421053 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 93.0000 0.0555556 0.555556 0.388889 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 94.0000 0.0588235 0.588235 0.352941 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 95.0000 0.0625000 0.625000 0.312500 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 96.0000 0.0666667 0.666667 0.266667 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 97.0000 0.0714286 0.714286 0.214286 1.00000 23 251y063t 4/20/06 Data Display version P00-10 P10-20 P20-30 Psum 98.0000 0.0769231 0.769231 0.153846 1.00000 Data Display version P00-10 P10-20 P20-30 Psum 99.0000 0.0833333 0.833333 0.0833333 1.00000 24 251y063t 4/20/06 Probabilities for the Normal Distribution Data Display Row mean var lower upper 1 20 5.1 0 10 2 20 5.1 10 20 3 20 5.1 20 50 Sum of prob = 0.999956 prob 0.024908 0.475048 0.500000 Data Display Row mean var lower upper 1 21 5.1 0 10 2 21 5.1 10 20 3 21 5.1 20 50 Sum of prob = 0.999981 prob 0.015489 0.406766 0.577726 Data Display Row mean var lower 1 22 5.1 0 2 22 5.1 10 3 22 5.1 20 Sum of prob = 0.99999 upper 10 20 50 prob 0.009305 0.338158 0.652529 Data Display Row mean var lower 1 23 5.1 0 2 23 5.1 10 3 23 5.1 20 Sum of prob = 1.00000 upper 10 20 50 prob 0.005398 0.272786 0.721813 Data Display Row mean var lower 1 24 5.1 0 2 24 5.1 10 3 24 5.1 20 Sum of prob = 1.00000 upper 10 20 50 prob 0.003023 0.213403 0.783572 Data Display Row mean var lower 1 25 5.1 0 2 25 5.1 10 3 25 5.1 20 Sum of prob = 1.00000 upper 10 20 50 prob 0.001634 0.161811 0.836553 Data Display Row mean var lower 1 26 5.1 0 2 26 5.1 10 3 26 5.1 20 Sum of prob = 1.00000 upper 10 20 50 prob 0.000853 0.118851 0.880295 Data Display Row mean var lower 1 27 5.1 0 2 27 5.1 10 3 27 5.1 20 Sum of prob = 1.00000 upper 10 20 50 prob 0.000429 0.084517 0.915050 25 251y063t 4/20/06 Data Display Row mean var lower 1 28 5.1 0 2 28 5.1 10 3 28 5.1 20 Sum of prob = 0.99999 upper 10 20 50 prob 0.000208 0.058159 0.941625 Data Display Row mean var lower upper 1 29 5.1 0 10 2 29 5.1 10 20 3 29 5.1 20 50 Sum of prob = 0.999981 prob 0.000097 0.038709 0.961174 26