A research firm conducted a survey to determine the mean amount Americans spend on coffee during a week. They found thedistribution of weekly spending followed the normal distribution with a population standard deviation of $5. A sample of 49 Americansrevealed that X = $20.a. What is the point estimate of the population mean?Estimated population meanb. Using the 95% level of confidence, determine the confidence interval for μ. (Round your answers to 2 decimal places.)Confidence interval for the population meanisand!

Population standard deviation (σ)=5sample size (n)=49Mean (x¯)=20confidence level=95%

Answered: A research firm conducted a survey to…

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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Use z scores to compare the given values. The tallest living man at one time had a height of 238 cm. The shortest living man at that time had a height of 142.4 cm. Heights of men at that time had a mean of 175.45 cm and a standard deviation of 5.59 cm. Which of these two men had the height that was more extreme? ... Since the z score for the tallest man is z = 0 and the z score for the shortest man is z = the man had the height that was Im- more extreme. (Round to two decimal places.) shortest tallest
Researchers measured the data speeds for a particular smartphone carrier at 50 airports. The highest speed measured was 72.6 Mbps. The complete list of 50 data speeds has a mean of x=18.29 Mbps and a standard deviation of s=19.75 Mbps. a. What is the difference between carrier's highest data speed and the mean of all 50 data speeds? b. How many standard deviations is that [the difference found in part (a)]? c. Convert the carrier's highest data speed to a z score. d. If we consider data speeds that convert to z scores between −2 and 2 to be neither significantly low nor significantly high, is the carrier's highest data speed significant? Question content area bottom Part 1 a. The difference is 54.3154.31 Mbps. (Type an integer or a decimal. Do not round.) Part 2 b. The difference is enter your response here standard deviations. (Round to two decimal places as needed.)
The standard deviation, S, for the annual medical cost of 24 households was found to equal $1689 find a 95% confidence interval for the standard deviation of the annual medical cost for all households. Assume medical costs are normally distributed.
The quantitative subtest of the Graduate Record Exam (GRE) has a mean of 500 and a standard deviation of 100. What GRE score would correspond to a z score of 1.50? a. 600 b. 500 c. 340 d. 650
A successful basketball player has a height of 6 feet 11 inches, or 211 cm. Based on statistics from a data set, his height converts to the z score of 5.17. How many standard deviations is his height above the mean?
A survey of 30 adults found that the mean age of a person's vehicle is 3.6 years. Assuming the population distribution is normal and the standard deviation is 2 years, find the 94% confidence interval for the population mean. What is the meaning of this confidence interval?
The 95% confidence interval of the variance of a population is computed as (12.367,21.761). Interpret this confidence interval.
A random sample of 64 shoppers showed that they spend an average of $27.31 per visit at the Sunday Mornings Bookstore. The standard deviation of the population is $2.14. Find the 90% confidence interval of the true mean. Please include all work showing how you found your answer.
Researchers measured the data speeds for a particular smartphone carrier at 50 airports. The highest speed measured was 71.7 Mbps. The complete list of 50 data speeds has a mean of x = 15.45 Mbps and a standard deviation of s = 21.16 Mbps. a. What is the difference between carrier's highest data speed and the mean of all 50 data speeds? b. How many standard deviations is that [the difference found in part (a)]? c. Convert the carrier's highest data speed to az score. d. If we consider data speeds that convert to z scores between -2 and 2 to be neither significantly low nor significantly high, is the carrier's highest data speed significant? a. The difference is Mbps. (Type an integer or a decimal. Do not round.)
Determine the margin of error, ?m, for a 95% confidence interval when the sample size is ?=21n=21 and the sample standard deviation is ?=17.s=17.
A recent survey of 25 students showed that they spent an average of $18.53 on petrol eachweek. The standard deviation of the sample was $3.00. Find the 99% confidence intervalfor the true mean (average over all students).

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