1. Estimate the population mean of the weekly allowance of DPC students at 99% confidence level given that the mean allowance of 169 samples is 1 430 with a standard deviation of 660 2. Based on the given information in item number 1, how much is the allowance of a student that is greater than 97.5% of the population?
1. Estimate the population mean of the weekly allowance of DPC students at 99% confidence level given that the mean allowance of 169 samples is 1 430 with a standard deviation of 660 2. Based on the given information in item number 1, how much is the allowance of a student that is greater than 97.5% of the population?
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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Question
![Show your solution. Explain your
answer.
1. Estimate the population mean
of the weekly allowance of DPC
students at 99% confidence level
given that the mean allowance of
169 samples is 1 430 with a
standard deviation of 660
2. Based on the given information
in item number 1, how much is the
allowance of a student that is
greater than 97.5% of the
population?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa5e1dd3f-74af-48c8-a45c-811f45e55f0b%2F96779e26-2264-4f05-97f3-4fb4fb340208%2Fjz9e4mk_processed.png&w=3840&q=75)
Transcribed Image Text:Show your solution. Explain your
answer.
1. Estimate the population mean
of the weekly allowance of DPC
students at 99% confidence level
given that the mean allowance of
169 samples is 1 430 with a
standard deviation of 660
2. Based on the given information
in item number 1, how much is the
allowance of a student that is
greater than 97.5% of the
population?
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