A college student is interested in investigating the claim that students who graduate with a master's degree earn higher salaries, on average, than those who finish with abachelor's degree. She surveys, at random, 31 recent graduates who completed their master's degrees, and finds that their mean salary is $37,300 per year. Thestandard deviation of annual salaries for the population of recent graduates who have master's degrees is known to be $1100. She also surveys, at random, 43 recentgraduates who completed their bachelor's degrees, and finds that their mean salary is $36,400 per year. The standard deviation of annual salaries for the population ofrecent graduates with only bachelor's degrees is known to be $2200. Test the claim at the 0.05 level of significance. Let recent graduates with a master's degree bePopulation 1 and let recent graduates with a bachelor's degree be Population 2.Step 1 of 3: State the null and alternative hypotheses for the test. Fill in the blank below.Ho μ₁ = μ2Ha MiM₂

In hypothesis testing, we start by stating the null hypothesis (H0) and the alternative hypothesis…

Answered: A college student 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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According to a recent survey, the salaries of entry-level positions at a large company have a mean of $41,750 and a standard deviation of $7000 . Assuming that the salaries of these entry-level positions are normally distributed, find the proportion of employees in entry-level positions at the company who earn at most $45,000 . Round your answer to at least four decimal places.
Solar energy is considered by many to be the energy of the future. A recent survey was taken to compare the cost of solar energy to the cost of gas or electric energy. Results of the survey revealed that the distribution of the amount of the monthly utility bill of a three-bedroom house using gas or electric energy had a mean of $117 and a standard deviation of $13. If the distribution can be considered normal: Approximately what percentage of homes will have a monthly utility bill less than $78? Note: Do NOT include the "%" sign Do NOT round any decimals, if applicable
Is it worth pursuing a doctoral degree in education if you already have an undergraduate degree? One way to help make this decision is to look at the mean incomes of these two groups. Suppose that 15 people with bachelor’s degrees in education were surveyed. Their mean annual salary was $⁢31,500 with a standard deviation of $⁢7900. Seventeen people with doctoral degrees in education were found to have a mean annual salary of $⁢47,500 with a standard deviation of $⁢6900. Assume that the population variances are not the same. Construct a 99% confidence interval to estimate the true difference between the mean salaries for people with doctoral degrees and undergraduate degrees in education. Let Population 1 be the salaries for people with doctoral degrees and Population 2 be the salaries for people with undergraduate degrees. Round the endpoints of the interval to the nearest whole number, if necessary.
Answer part c and d frq styled
It is known that incomes from the USA follow a normal distribution with a mean of $55,000 and a standard deviation of $12,000. A researcher took a sample of 100 people in the USA and obtained a sample mean of $67,000 with a standard deviation of $18,000. What are the characteristics of the sampling distribution. A. Mean = $55,000 and Standard Deviation of the Mean = $1200 B. Mean = $55,000 and Standard Deviation of the Mean = $12000 C. Mean = $67,000 and Standard Deviation of the Mean = $569.21 D. Mean = $67,000 and Standard Deviation of the Mean = $1800
The college physical education department offered an advanced first aid course last summer. The scores on the comprehensive final exam were normally distributed, and the z-scores for some of the students are shown below. Robert 1.05 Juan 1.51 Haley −1.95 Joel 0.00 Jan −0.67 Linda 1.57 (a) If the mean score was ? = 151 with standard deviation ? = 16, what was the final exam score for each student?
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?
A large corporation employs 19185 individuals. The average income of all employees is $70616, with a standard deviation of $19414 and is skewed to the right. Consider this to be the population distribution. You are given a data set consisting of the incomes of 120 randomly selected employees.
The average starting salary offer for anthropology majors who graduated in 2007 was $39,200. Assume that X, the starting salary offer for anthropology major, is normally distributed with a mean of $39,200 and a standard deviation of $2,550. Find the total area below a starting salary of $45,200. Be sure to express your answer as a percentage rounded to the second decimal place (e.g. xx.xx).
Barron's has collected data on the top 1,000 financial advisers. Company A and Company B have many of their advisers on this list. A sample of 16 of the Company A advisers and 10 of the Company B advisers 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 the Company A advisers was s1 = $583 million. The standard deviation of the amount managed by the Company B advisers was s2 = $488 million. Conduct a hypothesis test at ? = 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. H0: ?12 ≠ ?22 Ha: ?12 = ?22 H0: ?12 ≤ ?22 Ha: ?12 > ?22 H0: ?12 = ?22 Ha: ?12 ≠ ?22 H0: ?12 > ?22 Ha: ?12 ≤ ?22 Find the value of the test statistic.…
Suppose there is a city where the mean cost per month of a one-bedroom apartment is $1,500, with a standard deviation of $250. Approximately what percentage of one-bedroom apartments in the city cost between $750 and $1,000?
A parenting magazine reports that the average amount of wireless data used by teenagers each month is 5 Gb. For her science fair project, Ella sets out to prove the magazine wrong. She claims that the mean among teenagers in her area is less than reported. Ella collects information from a simple random sample of 25 teenagers at her high school, and calculates a mean of 4.7 Gb per month with a standard deviation of 0.9 Gb per month. Assume that the population distribution is approximately normal. Test Ella's claim at the 0.01 level of significance. Step 3 of 3: Draw a conclusion and interpret the decision. E Tables E Keypad Answer Keyboard Shortcuts We reject the null hypothesis and conclude that there is sufficient evidence at a 0.01 level of significance that the average amount of wireless data used by teenagers each month is less than 5 Gb. We fail to reject the null hypothesis and conclude that there is insufficient evidence at a 0.01 level of significance that the average amount of…

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