A study compared the cost of restaurant meals when people pay individually versus splitting the bill as a group. In the experiment half of the people were told they would each be responsible for individual meals costs and the other half were told the cost would be split equally among the six people at the table. The 24 people paying individually had a mean cost of 37.29 Israeli shekels with a standard deviation of 12.54, while the 24 people splitting the bill had a higher mean cost of 50.92 Israeli shekels with a standard deviation of 14.33. The raw data can be found in SplitBill and both distributions are reasonably bell-shaped. Use this information to find a 95 % confidence interval for the difference in mean meal cost between these two situations. Click here for the dataset associated with this question. Round your answers to two decimal places. The 95 % confidence interval is i ! to i

A study compared the cost of restaurant meals when people pay individually versus splitting the bill as a group. In the experiment half of the people were told they would each be responsible for individual meals costs and the other half were told the cost would be split equally among the six people at the table. The 24 people paying individually had a mean cost of 37.29 Israeli shekels with a standard deviation of 12.54, while the 24 people splitting the bill had a higher mean cost of 50.92 Israeli shekels with a standard deviation of 14.33. The raw data can be found in SplitBill and both distributions are reasonably bell-shaped. Use this information to find a 95 % confidence interval for the difference in mean meal cost between these two situations. Click here for the dataset associated with this question. Round your answers to two decimal places. The 95 % confidence interval is i ! to i

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Carlos and Devon both accepted new jobs at different companies. Carlos's starting salary is $32,000 and Devon's starting salary is $33,000. They are curious to know who has a better starting salary when compared to the salary distributions of their new employers. A website that collects salary information from a sample of employees for a number of major employers reports that Carlos's company offers a mean salary of $54,000 with a standard deviation of $6,000. Devon's company offers a mean salary of $44,000 with a standard deviation of $4,000. Find the z-scores corresponding to each of their starting salaries. Round to two decimal places, if necessary
In a survey, 29 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $35 and standard deviation of $9. Find the margin of error at a 80% confidence level.
An insurance company crashed four cars in succession at 5 miles per hour. The cost of repair for each of the four crashes was $421, $469, $416, $232 Compute the range, sample variance, and sample standard deviation cost of repair.
Is it worth pursuing a doctoral degree in education if you already have an undergraduate degree? One way to help make this decision is to look at the mean incomes of these two groups. Suppose that 15 people with bachelor’s degrees in education were surveyed. Their mean annual salary was $⁢31,500 with a standard deviation of $⁢7900. Seventeen people with doctoral degrees in education were found to have a mean annual salary of $⁢47,500 with a standard deviation of $⁢6900. Assume that the population variances are not the same. Construct a 99% confidence interval to estimate the true difference between the mean salaries for people with doctoral degrees and undergraduate degrees in education. Let Population 1 be the salaries for people with doctoral degrees and Population 2 be the salaries for people with undergraduate degrees. Round the endpoints of the interval to the nearest whole number, if necessary.
According to the Vivino website, suppose the mean price for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is $32.48. A New England-based lifestyle magazine wants to determine if red wines of the same quality are less expensive in Providence, and it has collected prices for 64 randomly selected red wines of similar quality from wine stores throughout Providence. The mean and standard deviation for this sample are $30.15 and $12, respectively. (a) Develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48. (Enter != for # as needed.) Ho: H: (b) Using the sample from the 64 bottles, what is the test statistic? (Round your answer to three decimal places.) Using the sample from the 64 bottles, what is the p-value? (Round your answer to four decimal places.) p-value =…
Suppose two graduating seniors, one a marketing major and one an accounting major, are comparing job offers. The accounting major has an offer for $53,000 per year, and the marketing major has an offer for $49,000 per year. Summary information about the distribution of the offers is shown below: Accounting: mean: 50000 standard deviation: 1500 Marketing: mean: 45500 standard deviation: 1000 Which offer is more attractive and why?
In a survey, 41 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $36 and standard deviation of $4. Find the margin of error for a 95% confidence level.
Logan and Brian began arguing about who did better on their tests, but they couldn't decide who did better given that they took different tests. Logan took a test in Art History and earned a 76.8, and Brian took a test in English and earned a 68.9. Use the fact that all the students' test grades in the Art History class had a mean of 71.9 and a standard deviation of 11.6, and all the students' test grades in English had a mean of 61 and a standard deviation of 9.4 to answer the following questions.a) Calculate the z-score for Logan's test grade.z=z= [Round your answer to two decimal places.] b) Calculate the z-score for Brian's test grade.z=z= [Round your answer to two decimal places.]c) Which person did relatively better? Logan Brian They did equally well.
Researchers want to compare the relative effectiveness of two popular diets. They randomly assign each of 400 volunteers to one of two Groups: A & B. There are 200 volunteers in each group. Group A spends 6 months on Diet A. Group B spends 6 months on Diet B. At the beginning of the study, the difference in average weight between the two groups was negligible. After the study, the Group A had lost on average 7.8 pounds with a standard deviation of 13.4 pounds, while the Group B had lost on average 5.3 pounds with a standard deviation of 14.8 pounds. Determine the z-score/test statistic for a two-tailed test with significance level α = 0.05 , accurate to 2 decimal places.
In the US, 45.9% of all people have type O blood, 39.7% have type A blood, 11.2% have type B blood and 3.2% have type AB blood. A researcher wants to see if the distribution of blood type is different for millionaires. The table below shows the results of a random sample of 569 millionaires. What can be concluded at the significant level of a = 0.01. The test-statistic for this data = The p-value for this sample =