1. On average, what would you expect to be the mean of the four times? 441 days . How much variation would you expect from your answer in part (a)? (Hint: Use the three-standard-deviations rule.) "he sample mean is expected to fall between and days

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7.2.51
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For earthquakes with a magnitude 7.5 or greater on the Richter scale, the time between successive earthquakes has a mean of 441 days and a standard deviation of
363 days. Suppose that you observe a sample of four times between successive earthquakes that have a magnitude of 7.5 or greater on the Richter scale.
a. On average, what would you expect to be the mean of the four times?
b. How much variation would you expect from your answer in part (a)? (Hint: Use the three-standard-deviations rule.)
a. On average, what would you expect to be the mean of the four times?
441 days
b. How much variation would you expect from your answer in part (a)? (Hint: Use the three-standard-deviations rule.)
The sample mean is expected to fall between
and
days
Transcribed Image Text:7.2.51 Question Help For earthquakes with a magnitude 7.5 or greater on the Richter scale, the time between successive earthquakes has a mean of 441 days and a standard deviation of 363 days. Suppose that you observe a sample of four times between successive earthquakes that have a magnitude of 7.5 or greater on the Richter scale. a. On average, what would you expect to be the mean of the four times? b. How much variation would you expect from your answer in part (a)? (Hint: Use the three-standard-deviations rule.) a. On average, what would you expect to be the mean of the four times? 441 days b. How much variation would you expect from your answer in part (a)? (Hint: Use the three-standard-deviations rule.) The sample mean is expected to fall between and days
E1.5
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Suppose that you take 1000 simple random samples from a population and that, for each sample, you obtain a 95% confidence interval for an unknown parameter.
Approximately how many of those confidence intervals will contain the value of the unknown parameter?
Approximately
confidence intervals will contain the value of the unknown parameter.
Transcribed Image Text:E1.5 Question Help Suppose that you take 1000 simple random samples from a population and that, for each sample, you obtain a 95% confidence interval for an unknown parameter. Approximately how many of those confidence intervals will contain the value of the unknown parameter? Approximately confidence intervals will contain the value of the unknown parameter.
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