(3)A researcher is interested in estimating the average age when cigarette smokers first beganto smoke. Taking a random sample of 350 smokers, he determines a sample mean of 16.8years and a sample standard deviation of 1.8 years. Construct a 99% confidence interval toestimate the population's mean age of smoking onset. Interpret the results.wants to estimate the proportion of college seniors who

Here n = 350, Sample mean = x-bar = 16.8, Sample SD = s = 1.8 years Now since sample size is very…

Answered: (3) A researcher is interested in…

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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You may need to use the appropriate technology to answer this question. Data were collected on the top 1,000 financial advisers. Company A had 239 people on the list and another company, Company B, had 121 people on the list. A sample of 16 of the advisers from Company A and 10 of the advisers from Company B showed that the advisers managed many very large accounts with a large variance in the total amount of funds managed. The standard deviation of the amount managed by advisers from Company A was s₁ = $583 million. The standard deviation of the amount managed by advisers from Company B was s₂ = $484 million. Conduct a hypothesis test at a = 0.10 to determine if there is a significant difference in the population variances for the amounts managed by the two companies. What is your conclusion about the variability in the amount of funds managed by advisers from the two firms? State the null and alternative hypotheses. 2 2 H₂:0 2 Find the value of the test statistic. (Round your answer…
Please see the picture below. None of the answers I've tried is coming back right. I just need help with the items in the red boxes.
Please help me with this question.
Fran is training for her first marathon, and she wants to know if there is a significant difference between the mean number of miles run each week by group runners and individual runners who are training for marathons. She interviews 42 randomly selected people who train in groups and finds that they run a mean of 47.1 miles per week. Assume that the population standard deviation for group runners is known to be 4.4 miles per week. She also interviews a random sample of 47 people who train on their own and finds that they run a mean of 48.5 miles per week. Assume that the population standard deviation for people who run by themselves is 1.8 miles per week. Test the claim at the 0.01 level of significance. Let group runners training for marathons be Population 1 and let individual runners training for marathons be Population 2. Step 2 of 3 : Compute the value of the test statistic. Round your answer to two decimal places.
John finds that there is a scholarship available to all persons scoring in the top 5 % on the ACT test. If the mean score on the ACT is 21 with a standard deviation of 4.7, what score does he need in order to qualify for the scholarship?
An analyst found that the average amount of money in bank accounts at his/her bank is $2,000 with a standard deviation of $150. What would be the variance?
A newspaper article reports that the mean cost for preventative dental care per year is $175 with a standard deviation of $35 (assume that this is the population standard deviation). You want to test whether the mean cost for preventative dental care in your company is different from what was reported in the article. You take a random sample of 250 employees and find the mean cost is $171. Does this signficantly differ from what was reported in the article? Run the appropriate test at α=0.05. Give each of the following to receive full credit: 1) the appropriate null and alternative hypotheses; 2) the appropriate test; 3) the decision rule; 4) the calculation of the test statistic; and 5) your conclusion including a comparison to alpha or the critical value. You MUST show your work to receive full credit. Partial credit is available.
A successful basketball player has a height of 6 feet 11 inches, or 211 cm. Based on statistics from a data set, his height converts to the z score of 5.17. How many standard deviations is his height above the mean?
An article in a local town newspaper discusses the results of state test scores in their town. The reporter headlines, "The students in this town don't have the necessary skills. The overall student population is less than what is reported at the state level" The state test says that a score of 261 or higher on its test reflects the student has the skills needed to graduate. A local town newspaper conducted a random sample of 200 students and found the mean to be 257 and a standard deviation of 41 points. a. State the null (H0) and alternative (Ha) hypotheses. b. Give the standard score for the data. c. Find the P-value for this significance test. e. Sketch your results on the standard Normal distribution f. Summarize the conclusion in the context of this problem.
The playing life of a Sunshine radio has a Normal distribution with a mean of 600 hours and a standard deviation of 100 hours. What time frame would be considered unusual? What rule did you use to decide this?
What is the relationship between the standard deviation and variance?

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