A research program used a representative random sample of men and women to gauge the size of the personal network of older adults. Each adult in the sample was asked to "please name the people you have frequent contact with and who are also important to you." The responses of 2,820 adults in this sample yielded statistics on network size, that is, the mean number of people named per person was x= 14.8, with a standard deviation of s= 9.9. Complete parts a through d. a. Give a point estimate for u Type an integer or a decimal.) b. Give an interval estimate for u. Use a confidence coefficient of 0.95. OD (Round to two decimal places as needed.) c. Comment on the validity of the following statement: "95% of the time, the true mean number of people named per person will fall in the interval computed in part b." Choose the correct answer below. O A. The statement is incorrect. A correct statement would be "One can be 95% confident that the true mean number of people named per person will fall in the interval computed in part b. O B. The statement is incorrect. A correct statement would be "One can be 95% confident that the true mean number of people named per person will fall outside the interval computed in part b." OC. The statement is incorrect. A correct statement would be "95% of the time, the true mean number of people named per person will fall outside the interval computed in part b." O D. The statement is correct. 95% of the time, the true mean number of people named per person will fall within an interval computed with a confidence coefficient of 0.95. d. It is unlikely that the personal network sizes of adults are normally distributed. In fact, it is likely that the distribution is highly skewed. If so, what impact, if any, does this have on the validity of inferences derived from the confidence interval? O A. It does impact the validity of the interpretation because the interpretation is based on highly skewed results. O B. It does impact the validity of the interpretation because the interpretation was based upon a sample instead of the entire population. OC. It does not impact the validity of the interpretation because the sampling space of the sample mean is approximately normal according to the Central Limit Theorem. O D. It does not impact the validity of the interpretation because the interpretation is based on highly skewed results.
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
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