Answered: According to the Bureau of Labor…

Name: According to the Bureau of Labor Statistics, the mean salary for regis
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Description: According to the Bureau of Labor Statistics, the mean salary for registered nurses in Kentucky was $57,688. The distribution of salaries is assumed to be normally distributed with a standard deviation of $5,879. Someone would like to determine if reg

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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According to the Bureau of Labor Statistics, the mean salary for registered nurses in Kentucky was $57,688. The distribution of salaries is assumed to be normally distributed with a standard deviation of $5,879. Someone would like to determine if registered nurses in Ohio have a greater average pay. To investigate this claim, a sample of 192 registered nurses is selected from the Ohio Board of Nursing, and each is asked their annual salary. The mean salary for this sample of 192 nurses is found to be $58,016.005.

1. Completely describe the sampling distribution of the sample mean salary when samples of size 192 are selected.

2. What conjecture has been made?

3. Using the distribution described in part a, what is the probability of observing a sample mean of 58,016.005 or more?

4. Based on the probability found, what conclusion can be reached?

Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...

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