(a) Find the sample mean (7) in thousands of dollars (Round to 3 decimal places). (a). (b) Find the sample standard deviation (s) in thousands of dollars (Round to 3 decimal places). (b) . (c) Find the margin of error for mean for 95% confidence level (Round to 3 decimal places). (c) 1) Construct the 95% confidence interval for true mean (Round to 3 decimal places). (d)

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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The histogram of 65 player salaries (thousands of dollars) is as shown below:
35
35
30
25
2아
15
15-
1아
5
5
2
2
2000
4000
6000 8000 10000 12000 16000 20000
Salary (thousands of dollars)
(a) Find the sample mean (7) in thousands of dollars (Round to 3 decimal places).
(a)
(b) Find the sample standard deviation (s) in thousands of dollars (Round to 3 decimal
places).
(b)
(c) Find the margin of error for mean for 95% confidence level (Round to 3 decimal
places).
(c)
1) Construct the 95% confidence interval for true mean (Round to 3 decimal places).
(p)
Frequency
2.
Transcribed Image Text:The histogram of 65 player salaries (thousands of dollars) is as shown below: 35 35 30 25 2아 15 15- 1아 5 5 2 2 2000 4000 6000 8000 10000 12000 16000 20000 Salary (thousands of dollars) (a) Find the sample mean (7) in thousands of dollars (Round to 3 decimal places). (a) (b) Find the sample standard deviation (s) in thousands of dollars (Round to 3 decimal places). (b) (c) Find the margin of error for mean for 95% confidence level (Round to 3 decimal places). (c) 1) Construct the 95% confidence interval for true mean (Round to 3 decimal places). (p) Frequency 2.
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