5. The standard deviation of a sample of the costs of 15 automobile repairs at a local garage was $120.82.Assuming that the variable is normally distributed, find the critical values, Xleft and right, that couldbe used to determine the 90% confidence interval of the true variance and standard deviation.

Answered: Image /qna-images/answer/f956af6f-727e-409f-8751-4db949287215.jpg

Answered: . The standard deviation of a sample of…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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The salaries of professional baseball players are heavily skewed right with a mean of $3.2 million and a standard deviation of $2 million. The salaries of professional football players are also heavily skewed right with a mean of $1.9 million and a standard deviation of $1.5 million. A random sample of 40 baseball players' salaries and 35 football players' salaries is selected. The mean salary is determined for both samples. Let 1,-i, represent the difference in the mean salaries for baseball and football players. Which of the following represents the mean of the sampling distribution for ī, -7,? -1.3 1.3 1.9 3.2
You are interested in testing whether the average age of household heads is higher in the suburbs than in inner city neighbourhoods. A survey is conducted, and the following results are obtained. In the suburbs, the household heads of the 45 households surveyed had a mean age of 44 with a standard deviation of 15. In the inner city, the mean age of the 40 household heads surveyed was 38 with a standard deviation of 13. Assuming that the populations from which these samples were drawn have equal variances, can you conclude that the difference between the two means is significant at the 95% level of confidence? (a) Write in words and symbols the null and research hypotheses. (b) Assuming the variances of the populations are equal, calculate the value of the Pooled Variance Estimate (PVE). (c) Calculate the value of the standard error for the difference between the two means.
Two accounting professors decided to test if the variance of their grades is different or no. To accomplish this, they each graded the same 10 exams with the following results: Standard Deviation 22.4 Mean Grade Professor 1 79.3 Professor 2 82.1 12.0 F What is the P-value of the test? Select one: a. between 0.01 and 0.025 Ob. between 0.025 and 0.05 C. between 0.05 and 0.10 Od. bigger than 0.10
The electric cooperative needs to know the mean household usage of electricity by its non-commercial customers in kWh per day. They would like the estimate to have a maximum error of 0.14 kWh. A previous study found that for an average family the variance is 4.84 kWh and the mean is 19.1 kWh per day. If they are using a 80% level of confidence, how large of a sample is required to estimate the mean usage of electricity? Question 8 options: 45 households 1959 households 949 housholds 405 households
Find Test Statistic, P value, and Z score.
The table below shows two samples taken to compare the mean age of individuals who purchased the iPhone at two AT&T store locations. Ann Arbor 25.817 Livonia 31.248 1.874 10 3.389 7 At a=05, can you conclude that the first sample has a larger variance than the second sample? Statistic Mean Standard Deviation. Sample size Multiple Choice No, the p-value>.05. Unclear because the p-value is approximately equal to 05. Yes, the p-value <.05. No because the p-value is approximately equal to 05
Only need help with finding tcalc.
A researcher is conducting a study to determine the mean trough dosage of medication for a population. Assume a previous study was conducted for the same medication and the mean trough dose was found to be 490 mg with a standard deviation of 30 mg. If the researcher wants to be 95% confident the true mean trough dosage of the medication is within 10 mg of the true mean trough dosage, what sample size is needed if the study is predicted to have an 76% retention rate? n = 50 n = 71 n = 47 n = 104
The human resources department of a major corporation announced that the number of people interviewed by the corporation in one month has a mean of 101 and a variance, oʻ, of 266. The management of the corporation suspects that the variance exceeds 266. A random sample of 10 months yielded a mean of 105 interviews, with a variance of 378. If we assume that the number of people interviewed by the corporation in one month follows an approximately normal distribution, is there enough evidence to conclude, at the 0.1 level of significance, that the management's claim is correct? Perform a one-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places and round your answers as specified below. (If necessary, consult a list of formulas.) (a) State the null hypothesis H, and the alternative hypothesis H,. p H. :0 H, :0 (b) Determine the type of test statistic to use. (Choose one) ▼ O=0 OSO (c) Find the value of the test statistic. (Round…

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