8.1.25Question HelpA government bureau publishes annual price figures for new mobile homes. A simple random sample of 36 new mobile homes yielded the following prices, in thousands of dollars.Assume that the population standard deviation of all such prices is $6.6 thousand, that is, $6,600. Use the data to obtain a 99.7% confidence interval for the mean price of all newmobile homes.Click the icon to view a table of prices of new mobile homes.The 99.7% confidence interval is from $ to $(Round to the nearest dollar as needed.)Prices of New Mobile HomesPrices ($1000s) of 36 Randomly Selected New Mobile Homes66.969.358.657.964.362.154.572.362.567.374.762.457.466.060.756.148.772.049.656.471.759.164.263.755.951.853.755.977.877.361.374.358.369.063.278.0PrintDone 8.2.69Question HelpData on investments in the high-tech industry by venture capitalists are compiled by a corporation. A random sample of 18 venture-capital investments in a certain business sectoryielded the accompanying data, in millions of dollars. Determine and interpret a 95% confidence interval for the mean amount, µ, of all venture-capital investments in this businesssector. Assume that the population standard deviation is $1.82 million. (Note: The sum of the data is $112.40 million.)Click here to view the investment data.Click here to view page 1 of the table of areas under the standard normal curve.Click here to view page 2 of the table of areas under the standard normal curve.The 95% confidence interval is from $million to $ million.(Round to two decimal places as needed.)Investment Data5.315.805.429.742.895.495.405.664.508.635.856.854.587.859.174.858.306.11PrintDone

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A government bureau publishes annual price figures for new mobile homes. A simple random sample of 36 new mobile homes yielded the following prices, in thousands of dollars. Assume that the population standard deviation of all such prices is $6.6 thousand, that is, $6,600. Use the data to obtain a 99.7% confidence interval for the mean price of all new mobile homes. E Click the icon to view a table of prices of new mobile homes. The 99.7% confidence interval is from $ to $. (Round to the nearest dollar as needed.) Prices of New Mobile Homes Prices ($1000s) of 36 Randomly Selected New Mobile Homes 72.3 66.9 69.3 58.6 57.9 64.3 62.1 54.5 62.5 67.3 74.7 62.4 57.4 66.0 60.7 56.1 48.7 72.0 49.6 56.4 71.7 59.1 64.2 63.7 55.9 51.8 53.7 55.9 77.8 77.3 61.3 74.3 58.3 69.0 63.2 78.0 Print Done

A government bureau publishes annual price figures for new mobile homes. A simple random sample of 36 new mobile homes yielded the following prices, in thousands of dollars. Assume that the population standard deviation of all such prices is $6.6 thousand, that is, $6,600. Use the data to obtain a 99.7% confidence interval for the mean price of all new mobile homes. E Click the icon to view a table of prices of new mobile homes. The 99.7% confidence interval is from $ to $. (Round to the nearest dollar as needed.) Prices of New Mobile Homes Prices ($1000s) of 36 Randomly Selected New Mobile Homes 72.3 66.9 69.3 58.6 57.9 64.3 62.1 54.5 62.5 67.3 74.7 62.4 57.4 66.0 60.7 56.1 48.7 72.0 49.6 56.4 71.7 59.1 64.2 63.7 55.9 51.8 53.7 55.9 77.8 77.3 61.3 74.3 58.3 69.0 63.2 78.0 Print Done

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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