4. Failure to meet payments on student loans guaranteed by the United States (U.S.)government has been a major problem for both banks and the government.Approximately 50% of all student loans guaranteed by the government are in default.A random sample of 350 loans to college students in one region of the U.S. indicatesthat 147 loans are in default.a) Do the data indicate that the proportion of student loans in default in this area ofthe country differs from the proportion of all student loans in the U.S. that are indefault? Use a = 0.01.(ii) The test statistic for the above problem is20 - 2.993=20 =20 =0.16- 0.1620 = 2.993

Answered: Image /qna-images/answer/0a530ea5-86de-40fa-ae0f-6c17b611bcae.jpg

Answered: 4. Failure to meet payments on student…

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 Food and Nutrition Board of the Institute of Medicine working in cooperation with scientists from Canada have used scientific data to answer this question for a variety of vitamins and minerals.47 Their methodology assumes that needs, or requirements, follow a distribution. They have produced guidelines called dietary reference intakes for different gender-by-age combinations. For vitamin C, there are three dietary reference intakes: the estimated average requirement (EAR),which is the mean of the requirement distribution; the recommended dietary allowance (RDA),which is the intake that would be sufficient for 97% to 98% of the population; and the tolerable upper level (UL), the intake that is unlikely to pose health risks. For women aged 19 to 30 years, the EAR is 60 milligrams per day (mg/d), the RDA is 75 mg/d, and the UL is 2000 mg/d. (a) The researchers assumed that the distribution of requirements for vitamin C is Normal. The EAR gives the mean. From the definition of the…
1. The percentage of 12- to 17-year-olds who reported talking at least once in the past year with their parents about the dangers of drug, tobacco, or alcohol is 60% nationally. A state youth council believes this proportion is higher in their state, where there has been an intense media campaign about this issue. A survey of randomly chosen students from across the state shows 1032 of 1642 students reporting they are having these conversations with their parents. Is there evidence that the percent of students using drugs, tobacco or alcohol in this state is above the national rate?
1. Most supermarkets across the United States have invested heavily in optical scanner systems to expedite customer checkout, increase checkout productivity, and improve product accountability. These systems are not 100% effective, items often have to scan several times. Sometimes items are entered into the manual cash register because the scanner cannot read the item number. The following data are from an experiment in which a supermarket selected 20 of the best checkers and measured their productivity both when using a scanner and when working manually. In general, do optical scanners register significantly more items than manual entry systems do? At significant level=0.05. (1 Checker 1 2 3 18 16 17 19 20 4 5 6 7 11 12 13 14 15 8 9 10 Manual 426 387 410 506 411 398 427 449 407 438 418 482 512 402 435 397 421 426 475 453 Scanner 473 446 421 510 465 409 414 459 502 439 456 499 518 437 435 411 415 421 485 490
The annual update of U.S. Overseas Loans and Grants, informally known as the “Greenbook,” contains data on U.S. government monetary economic and military assistance loans. The following table shows military assistance loans, in thousands of dollars, to a sample of 10 countries, as reported by the U.S. Agency for International Development. 102, 69, 280, 180, 33, 89, 1643, 205, 177, 695 The sample size is needed in order to obtain a 95% margin of error of no more than 100 is
4
3. Travelers who have no intention of showing up often fail to cancel their hotel reservations in a timely manner. These travelers are known, in the parlance of the hospitality trade, as "no-shows". To protect against no-shows and late cancellations, hotels invariably overbook rooms. A recent study examined the problems of over-booking rooms in the hotel industry. The following data, extracted from the study represent the daily numbers of late cancellations and no-shows for a random sample of 10 days at a hotel: 18, 16, 16, 16, 14, 18, 16, 18, 14, 19. c) Count the number of measurements that actually fall within the interval(-28, +2s) and express the interval count as a percentage of total number of measurements. at least 75% 100% 68% 95%

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