Eduardo Peixoto
2019
6.9 According to the Internal Revenue Service, income tax returns one year averaged $1,332 in refunds for taxpayers. One explanation of this figure is that taxpayers would rather have the government keep back too much money during the year than to owe it money at the end of the year. Suppose the average amount of tax at the end of a year is a refund of $1,332, with a standard deviation of $725. Assume that amounts owed or due on tax returns are normally distribute-
6.10 Toolworkers are subject to work-related injuries. One disorder, caused by strains to the hands and wrists, is called carpal tunnel syndrom- It strikes as many as 23,000 workers per year. The U.S. Labor Department estimates that the average cost of this disorder to employers and insurers is approximately $30,000 per injured worker. Suppose these costs are normally distributed, with a standard deviation of $9,000.
6.11 Suppose you are working with a data set that is normally distributed, with a mean of 200 and a standard deviation of 47. Determine the value of x from the following information.
6.12 Suppose the annual employer 401(k) cost per participant is normally distributed with a standard deviation of $625, but the mean is unknown.
6.13 Suppose the standard deviation for Problem 6.7 is unknown but the mean is still 22 feet. If 72.4% of all U.S. Class A warehouses have a clear height greater than 18.5 feet, what is the standard deviation? 6.14 Suppose the mean clear height of all U.S. Class A warehouses is unkn
6.22 According to the Yankee Group, 53% of all cable households rate cable companies as good or excellent in quality transmission. Sixty percent of all cable households rate cable companies as good or excellent in having professional personnel. Suppose 300 cable households are randomly contacte-
6.23 Market researcher Gartner Dataquest reports that Dell Computer controls 27% of the PC market in the United States. Suppose a business researcher randomly selects 130 recent purchasers of P-
6.24 A study about strategies for competing in the global marketplace states that 52% of the respondents agreed that companies need to make direct investments in foreign countries. It also states that about 70% of those responding agree that it is attractive to have a joint venture to increase global competitiveness. Suppose CEOs of 95 manufacturing companies are randomly contacted about global strategies.