Assignment 1

ADM 2304 – Assignment 1
Due: Wednesday, February 4
Thomas Duong
6793106

Question 1
a)
Mean of losses

Mean of losses = 37.9263

c)

Variable N Mean StDev SE Mean 90% CI
C2 30 36.91 10.54 1.92 (33.64, 40.18)
C3 30 36.01 9.84 1.80 (32.95, 39.06)
C4 30 36.70 11.75 2.15 (33.06, 40.35)
C5 30 40.24 8.62 1.57 (37.56, 42.91)
C6 30 37.96 10.96 2.00 (34.56, 41.36)
C7 30 37.08 9.63 1.76 (34.09, 40.06)
C8 30 36.00 9.13 1.67 (33.17, 38.84)
C9 30 37.46 7.98 1.46 (34.98, 39.93)
C10 30 36.51 8.42 1.54 (33.90, 39.12)
C11 30 35.45 8.83 1.61 (32.71, 38.19)
C12 30 38.97 10.68 1.95 (35.66, 42.28)
C13 30 39.45 10.38 1.90 (36.23, 42.67)
C14 30 36.91 10.89 1.99 (33.54, 40.29)
C15 30 38.99 11.54 2.11 (35.41, 42.57)
C16 30 36.80 10.01 1.83 (33.69, 39.91)
C17 30 36.20 10.89 1.99 (32.82, 39.57)
C18 30 40.15 10.30 1.88 (36.96, 43.35)
C19 30 37.34 9.08 1.66 (34.53, 40.16)
C20 30 39.46 10.65 1.94 (36.16, 42.77)
C21 30 34.71 9.21 1.68 (31.85, 37.57)

d) 1 Sample T-Test for Variable C2 n= 30 df= 29 = 36.91 SE= 1.92 α= 1-CC = 1.0.90 = 0.1

e) Apply binomial theorem for x= 16, 17,18,19,20 p=0.9 q=0.1 n=20 16 Interval

17 Interval

18 Interval

19 Interval

20 Interval

f) Mean from Part A = 37.9263

Variable N Mean StDev SE Mean 90% CI
C2 30 36.91 10.54 1.92 (33.64, 40.18)
C3 30 36.01 9.84 1.80 (32.95, 39.06)
C4 30 36.70 11.75 2.15 (33.06, 40.35)
C5 30 40.24 8.62 1.57 (37.56, 42.91)
C6 30 37.96 10.96 2.00 (34.56, 41.36)
C7 30 37.08 9.63 1.76 (34.09, 40.06)
C8 30 36.00 9.13 1.67 (33.17, 38.84)
C9 30 37.46 7.98