Annual starting salaries for college graduates with degrees in business administration are generally expected to be between $20,000 and $40,000. Assume that a95% confidence interval estimate of the population mean annual starting salary is desired.a. What is the planning value for the population standard deviation?5000b. How large a sample should be taken if the desired margin of error is $500? Use a rounded z value (2 decimals) in your calculations. Round your answer for n tonext whole number.384.160 =$150?$140?

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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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You want to examine the relationship between dropping out of high school and delinquency. You have a random sample of 11 students. You have the number of delinquent offenses that each student reported committing in the year before and after dropping out of school. The following table shows the data. Student Before dropping out After dropping out 1 5 7 2 9 5 3 2 3 4 7 7 5 8 11 6 11 13 7 8 4 8 8 10 9 5 7 10 2 1 11 9 3 From performing a hypothesis test to determine if the mean number of delinquent differs after dropping out, what is the obtained t?
we want to obtain a sample to estimate a population mean. Based on previous evidence, researchers believe the population standard deviation is approximately 38.7. We would like to be 99% confident that the estimate is within 4 of the true population mean. How large of a sample size is required ?
Companies who design furniture for elementary school classrooms produce a variety of sizes for kids of different ages. Suppose the heights of kindergarten children can be described by a Normal model with a mean of 39.2 inches and a standard deviation of 1.9 inches. 1. About what percent of kindergarten kids are expected to be less than 35 inches tall? 2. The middle 90% of kindergarteners are expected to be between blank inches and blank inches. (Use ascending order. Round to one decimal place as needed.)
Use the magnitudes (Richter scale) of the 120 earthquakes listed in the accompanying data table. Use technology to find the range, variance, and standard deviation. If another value, 8.00, is added to those listed in the data set, do the measures of variation change much? 3.272.452.542.432.752.372.192.421.911.432.851.731.992.322.332.704.742.873.382.722.833.423.952.993.873.473.082.942.703.602.842.373.033.232.593.643.242.662.352.432.813.952.522.922.983.412.272.562.933.162.201.151.934.002.542.832.352.311.522.801.951.602.452.332.081.553.201.491.812.551.662.352.452.082.192.752.002.792.392.671.692.881.841.991.862.561.972.183.671.553.162.461.881.502.793.283.822.752.452.712.541.642.183.032.361.481.922.322.651.411.391.802.242.302.481.732.402.442.482.44
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You want to obtain a sample to estimate how much parents spend on their kids birthday parties. Based on previous study, you believe the population standard deviation is approximately ở = 69.9 dollars. You would like to be 95% confident that your estimate is within 3 dollar(s) of average spending on the birthday parties. How many parents do you have to sample? instructor
Scores on an aptitude test are normally distributed with a mean of 960 and standard deviation of 120. Use the Cumulative Z-Score Table to answer the following questions. Write your answer rounded to the nearest whole number. If 1,570,000 students take the test.. how many would you expect to score above 1224? students ...how many would you expect to score above 972? students ...how many would you expect to score between 972 and 1224? students
What was the age distribution of prehistoric Native Americans? Extensive anthropological studies in the southwestern United States gave the following information about prehistoric extended family group of 85 members on what is now a Native American reservation. For this community, estimate the mean age expressed in years, the sample variance, and the sample standard deviation. For the class 31 and over, use 35.5 as the class midpoint. (Round your answer to one decimal place.) Average range(years) 1-10 11-20 21-30 31 and over # of individuals 35 23 16 11 Mean=S2= S=
The weights for newborn babies is approximately normally distributed with a mean of 6.1 pounds and a standard deviation of 1.8 pounds. Use the Cumulative Z-Score Table to answer the questions below. Write your answers rounded to the nearest whole number. Consider a group of 1200 newborn babies: • How many would you expect to weigh between 7.72 and 9.34 pounds? • How many would you expect to weigh less than 9.7 pounds? How many would you expect to weigh more than 6.37 pounds? How many would you expect to weigh between 6.1 and 7.54 pounds?
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Use the magnitudes (Richter scale) of the 120 earthquakes listed in the accompanying data table. Use technology to find the range, variance, and standard deviation. If another value, 8.00, is added to those listed in the data set, do the measures of variation change much? 3.30 2.77 2.80 1.96 1.69 2.54 2.43 3.44 3.92 1.58 2.87 1.63 2.56 3.95 2.50 2.44 1.82 2.19 2.44 2.99 2.92 2.35 1.98 3.06 2.78 3.86 2.95 2.07 1.86 2.36 2.37 3.46 3.45 1.54 2.54 1.49 2.22 3.06 2.27 3.20 1.96 1.91 2.40 2.95 2.61 1.49 2.16 2.33 1.91 2.70 2.92 1.80 3.66 2.69 1.43 3.60 3.13 2.56 1.54 1.41 2.83 2.85 2.20 1.68 3.18 1.38 1.73 2.37 1.15 2.35 2.46 1.81 2.01 3.00 1.94 2.42 1.85 2.24 2.35 3.22 3.97 2.10 1.48 2.31 2.31 2.62 2.55 2.20 2.77 2.46 2.69 3.57 2.84 2.75 3.26 1.74 4.72 3.23 2.36 2.00 3.83 2.41 2.88 2.67 2.32 2.80 2.80 2.40 3.41 2.34 1.49 2.41 2.45 2.50 2.73 2.44 2.78 2.65 2.68 2.43 Without the extra data value, the range is 3.573.57. (Type an integer or…
The Internal Revenue Service reports that the mean federal income tax paid in the year 2010 was $8040. Assume that the standard deviation is $4900. The IRS plans to draw a sample of 1000 tax returns to study the effect of a new tax law. Do you think it would be unusual for an individual to pay a tax of less than $7800? Explain. Assume the variable is normally distributed. Round the answer to at least four decimal places.

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