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The Territory of Iowa Was Initially Surveyed in the 1830's

question 6

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The Territory of Iowa was initially surveyed in the 1830's. The surveyors were very careful to note the trees and vegetation; it was believed at that time that the richness of the soil could be measured by the density of trees encountered. The sample of Ash tree diameters from the original survey of what is now Linn County, Iowa, is presented in the stem and leaf plot below. The display uses five lines for each stem. Thus, "1t|" is the stem for diameters of 12 and 13, "1f|" for 14 and 15, "1s|" for 16 and 17, and so on. (The "t" then stands for leaves that are twos and threes, the "f" for leaves of fours and fives, etc.)The mean diameter of ash trees in this sample is 11.500 inches, and the standard deviation is 3.842 inches. The Territory of Iowa was initially surveyed in the 1830's. The surveyors were very careful to note the trees and vegetation; it was believed at that time that the richness of the soil could be measured by the density of trees encountered. The sample of Ash tree diameters from the original survey of what is now Linn County, Iowa, is presented in the stem and leaf plot below. The display uses five lines for each stem. Thus,  1t|  is the stem for diameters of 12 and 13,  1f|  for 14 and 15,  1s|  for 16 and 17, and so on. (The  t  then stands for leaves that are twos and threes, the  f  for leaves of fours and fives, etc.)The mean diameter of ash trees in this sample is 11.500 inches, and the standard deviation is 3.842 inches.   ​ (a)What is the approximate diameter of an ash tree at the 20th percentile in this distribution? (b)The Empirical Rule would suggest that 68% of ash tree diameters are between what two values?
(a)What is the approximate diameter of an ash tree at the 20th percentile in this distribution?
(b)The Empirical Rule would suggest that 68% of ash tree diameters are between what two values?


Definitions:

UCC

The Uniform Commercial Code, a comprehensive set of laws governing commercial transactions in the United States, including sales, leases, and negotiable instruments.

Check

A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer or a named party.

Holder in Due Course

A legal term describing a person who has acquired a negotiable instrument in good faith and has the right to collect on it, free from many defenses.

Due Diligence

The investigation or exercise of care that a reasonable business or person is expected to take before entering into an agreement or a financial transaction with another party.

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