A random sample of n = 16 mid-sized cars tested for fuel consumption gave a mean of x = 20.01 miles per gallon with a standard deviation of s = 2.84 miles per gallon. Assuming that the miles per gallon given by all mid-sized cars have a normal distribution, find a 99% confidence interval for the population mean,

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Topic Video
Question

2 different questions i need help on both please and thank you!

A random sample of n = 16 mid-sized cars tested
for fuel consumption gave a mean of x = 20.01
miles per gallon with a standard deviation of
s = 2.84 miles per gallon.
Assuming that the miles per gallon given by all
mid-sized cars have a normal distribution, find a
99% confidence interval for the population mean,
H.
Round your answers to two decimal places.
i
i
Save for Later
Transcribed Image Text:A random sample of n = 16 mid-sized cars tested for fuel consumption gave a mean of x = 20.01 miles per gallon with a standard deviation of s = 2.84 miles per gallon. Assuming that the miles per gallon given by all mid-sized cars have a normal distribution, find a 99% confidence interval for the population mean, H. Round your answers to two decimal places. i i Save for Later
Almost all employees working for financial
companies in New York City receive large bonuses
at the end of the year. A sample of 63 employees
selected from financial companies in New York
City showed that they received an average bonus
of $46,000 last year with a standard deviation of
$21,000. Construct a 95% confidence interval for
the average bonus that all employees working for
financial companies in New York City received last
year.
Round your answers to cents.
i
to $
%24
Transcribed Image Text:Almost all employees working for financial companies in New York City receive large bonuses at the end of the year. A sample of 63 employees selected from financial companies in New York City showed that they received an average bonus of $46,000 last year with a standard deviation of $21,000. Construct a 95% confidence interval for the average bonus that all employees working for financial companies in New York City received last year. Round your answers to cents. i to $ %24
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 4 images

Blurred answer
Knowledge Booster
Research Design Formulation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman