A study randomly selected 676 Canadians and asked them what portion of their incomethey allocate to savings/investments. The average found was 28%. Suppose the populationmean is 24.8% and the standard deviation is 3.2%.Determine the parameter, estimator, and estimate. What is the distribution of theestimator?а.b. What is the probability that the estimate is greater than 26%?c. What is the probability that the estimate is between 20% and 30%?d. What sample size would be needed if the researchers want the standard deviation ofthe estimator to be less than or equal to 0.01%?

Given that - A study randomly selected 676 Canadians and asked them what portion of their income…

Answered: A study randomly selected 676 Canadians…

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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In the Social Psychology course, you receive a score of 77 on the second exam. You are told that the standard deviation of the second exam is 8 and that your score is .75 standard deviations below the mean. a. What is the class mean of the second exam? b. Your friend scored a 70 on the second exam. How many standard deviations below the mean is your friend’s score?
The points scored by teams in the first round of the Statistics Games have a mean of 135 points and a standard deviation of 27 points. A random sample of 36 teams is taken. What is the mean and standard deviation of the sampling distribution of sample means? A The mean is 22.5, and the standard deviation is 4.5. B. The mean is 22.5, and the standard deviation is 27. C. The mean is 135, and the standard deviation is 4.5. D. The mean is 135, and the standard deviation is 27.
Which statement below is correct? a. Standard deviation should be used when calculating z for a single score, while standard error should be used when calculating z for a sample mean. b. When calculating z for a single score or for a sample mean, the standard error should be used. c. Standard error should be used when calculating z for a single score, while standard deviation should be used when calculating z for a sample mean. d. When calculating z for a single score or for a sample mean, the standard deviation should be used.
A population has a mean u = 87 and a standard deviation o = 28. Find the mean and standard deviatio sample sizen=49. =(Simplify your answer.) (Simplify your answer.) Enter your answer in each of the answer boxes. ch %3D
The histogram (click the attacthed photo to view) shows the distribution of hurricanes that have hit a country from 1851 through 2015, where 1 is the weakest level and 5 is the strongest level. A) The mean is? B) The variance is? C)The standard deviation is?
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 successful basketball player has a height of 6 feet 3 inches, or 191 cm. Based on statistics from a data set, his height converts to the z score of 2.31. How many standard deviations is his height above the mean?
A successful basketball player has a height of 6 feet 4 inches, or 193 cm. Based on statistics from a data set, his height converts to the z score of 2.66. How many standard deviations is his height above the mean?
A researcher randomly purchases several different kits of a popular building toy. The following table shows the number of pieces in each kit in the sample. Find the mean, the median and the standard deviation of the data. Round your answer to the nearest hundredth, if necessary. 16. Building Toy Pieces 151 36 256 341 341 36 95 287 256 100 161 199
The lengths of pregnancies are normally distributed with a mean of 268 days and a standard deviation of 15 days. a. Find the probability of a pregnancy lasting 308 days or longer. b. If the length of pregnancy is in the lowest 3%, then the baby is premature. Find the length that separates premature babies from those who are not premature. Click to view page 1 of the table. Click to view page 2 of the table. a. The probability that a pregnancy will last 308 days or longer is (Round to four decimal places as needed.) b. Babies who are born on or before days are considered premature. (Round to the nearest integer as needed.)

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