A clothing retailer is interested in the average waist size of men. A sample is taken with the results given below. Column1 Мean 41.39 What is the sample statistic? = Ex: 1.23 Standard Error 1.033 Median 41 What is the point estimate for the average waist size? Mode 41 Standard Deviation 5.466 What is the level of confidence as a decimal? Ex: 0.55 Sample Variance 29.88 Kurtosis 0.474 What is the margin of error? Ex: 1.234 Skewness 0.608 Range 21 What is the confidence interval? [ Minimum 32 Maximum 53 Sum 1159 Count 60 Confidence Level(95.0%) 2.119

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### Statistical Analysis for Average Waist Size of Men

A clothing retailer is interested in determining the average waist size of men. The results from a sample are detailed in the table below:

#### Summary Statistics
| Statistic           | Value  |
|---------------------|--------|
| Mean                | 41.39  |
| Standard Error      | 1.033  |
| Median              | 41     |
| Mode                | 41     |
| Standard Deviation  | 5.466  |
| Sample Variance     | 29.88  |
| Kurtosis            | 0.474  |
| Skewness            | 0.608  |
| Range               | 21     |
| Minimum             | 32     |
| Maximum             | 53     |
| Sum                 | 1159   |
| Count               | 60     |
| Confidence Level (95.0%) | 2.119  |


#### Questions and Answers
1. **What is the sample statistic?**
   - (Example Answer: 1.23)

2. **What is the point estimate for the average waist size?**

3. **What is the level of confidence as a decimal?**
   - (Example Answer: 0.55)

4. **What is the margin of error?**
   - (Example Answer: 1.234)

5. **What is the confidence interval?**
   - [ , ]

### Explanation of Graphs/Diagrams
There are no graphs or diagrams provided in this dataset, only a table with statistical values.

**Note to Educator:** Ensure students understand each statistical term and how to interpret it in the context of this data.
Transcribed Image Text:### Statistical Analysis for Average Waist Size of Men A clothing retailer is interested in determining the average waist size of men. The results from a sample are detailed in the table below: #### Summary Statistics | Statistic | Value | |---------------------|--------| | Mean | 41.39 | | Standard Error | 1.033 | | Median | 41 | | Mode | 41 | | Standard Deviation | 5.466 | | Sample Variance | 29.88 | | Kurtosis | 0.474 | | Skewness | 0.608 | | Range | 21 | | Minimum | 32 | | Maximum | 53 | | Sum | 1159 | | Count | 60 | | Confidence Level (95.0%) | 2.119 | #### Questions and Answers 1. **What is the sample statistic?** - (Example Answer: 1.23) 2. **What is the point estimate for the average waist size?** 3. **What is the level of confidence as a decimal?** - (Example Answer: 0.55) 4. **What is the margin of error?** - (Example Answer: 1.234) 5. **What is the confidence interval?** - [ , ] ### Explanation of Graphs/Diagrams There are no graphs or diagrams provided in this dataset, only a table with statistical values. **Note to Educator:** Ensure students understand each statistical term and how to interpret it in the context of this data.
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