11Jane's interval estimate of the population mean monthly rent is, a1,0911,183 b1,0721,202 c1,0441,230 d1,0041,270 10401040129010351050960745770140010808451130102510908301075810104510159701135116015951365825140512301485101571510358251190117595013051335172515158958101135158011301340655960126586087594015359301480128010551405122010901410111510101135113510501205110012901345117012259251255165010008901200980100515251165133511751755103511259201150130095510751195147510859901295835106514051075

Confidence interval estimate the range where population parameter can occur. It used to test the…

Answered: 11 Jane's interval estimate of the…

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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Jane's interval estimate of the population mean monthly rent is,

a	1,091	1,183
b	1,072	1,202
c	1,044	1,230
d	1,004	1,270

1040
1040
1290
1035
1050
960
745
770
1400
1080
845
1130
1025
1090
830
1075
810
1045
1015
970
1135
1160
1595
1365
825
1405
1230
1485
1015
715
1035
825
1190
1175
950
1305
1335
1725
1515
895
810
1135
1580
1130
1340
655
960
1265
860
875
940
1535
930
1480
1280
1055
1405
1220
1090
1410
1115
1010
1135
1135
1050
1205
1100
1290
1345
1170
1225
925
1255
1650
1000
890
1200
980
1005
1525
1165
1335
1175
1755
1035
1125
920
1150
1300
955
1075
1195
1475
1085
990
1295
835
1065
1405
1075

Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...

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