Bilqees, a prospective university student who just matriculated, must decide which profession she will study towards. She has a passion for economics but will only follow her passion if she can determine whether economics graduates are paid well in the labour market (if not, she will choose to study accounting). She decides that if economics graduates earn, on average, R250 000 per year within five years of graduation she will pursue the study of economics. Bilqees asks her older sibling, an econometrician, to help her estimate the average salary of economics graduates based on a small sample using confidence interval estimation. She interviews a sample of eight recent economics graduates who are currently employed in order to investigate whether the average salary is at least as high as her requirement. These data are handed to her sibling for confidence interval estimation and are given below (measured in thousands of rands): X 287 196 276 252 275 325 204 185   Question 2: The relevant t-statistic is

Q: Phil Dunphy, a real estate agent, is considering whether he should list an unusual $888,891 house…

A: The formula for calculating the profit is  Profit =  Amount received - cost incurred  If the agent…

Q: i'm bit confused on how to work out how much michaela, neil and oliver paid.

A: Solution:  Given Total bill = $245 ,    Michaela paid the average of all the individual bills , Neil…

Q: Provide the details in your solution. Nine men agreed to rent a van for their trip to Sagada. Three…

A: Earlier there were 9 men in total , let they had to pay Px each  Therefore total rental of the van…

Q: Phil Dunphy, a real estate agent, is considering whether he should list an unusual $670,293 house…

A:

Q: Before boarding her flight to Zurich, Switzerland, Taylor purchased CHF950 from her bank when the…

A:

Q: An apartment annual lease is 550 per month (requiring a full-year stay). A monthly lease is 700 per…

A: Annual lease is 550 per month. Therefore total cost for 12 months is, A monthly lease is 700 per…

Q: Bilqees, a prospective university student who just matriculated, must decide which profession she…

A: Solution: X (X-X) (X-X)2 287 37 1369 196 -54 2916 276 26 676 252 2 4 275 25 625 325…

Q: Amy invested $500 per month in a 401k that earned 6% annual return for 40 years. Hank invested…

A:

Q: In order to generate funds to assemble a desktop computer for his online classes, James decides to…

A: Please check step 2 for solution.

Q: An artist travels to craft fairs all summer long. She must book her booth at a June craft show six…

A:

Q: Dominic went to the car dealer to buy a car. He wanted the same car that his friend Barbara had…

A: The sticker price of the car is Php 850,000.  Barbara was offered 20% discount that makes the…

Q: ocar bookstore earned a total of Php7.510.00 for the day. If the expenses incurred for today reached…

A: To find the solution of the above given questions :-

Q: A study found that the average home price for 14 houses in one community was $285,000.  Two more…

A: We need to find new average price.

Q: Rahim works in a hotel on hourly basis. He is paid $8 per hour, his normal working hours are 4 hours…

A: Given: Rahim works in a hotel on hourly basis. He is paid $8 per hour, his normal working hours are…

Q: Question 1: What is the sample standard deviation for the salaries?

A: given data : 287,196,276,252,275,325,204,185

Q: Tha balance of hamdans account is AED 16, Suhails account is AED15 overdrawn, what is the difference…

A:

Q: An artist travels to craft fairs all summer long. She must book her booth at a June craft show six…

A:

Q: Before boarding her flight to Zurich, Switzerland, Prisha purchased CHF1,450 from her bank when the…

A: Given that, Before boarding her flight to Zurich, Switzerland, Prisha purchased CHF1,450 from her…

Q: ID: A 3. Black Lab Studio specializes in preparing electronic portfolios for artists. The studio…

A: Since you have asked multiple question, we will solve the first question for you. If youwant any…

Q: If you are selling your house with a local realtor who requires a 3% commission fee what can you…

A:

Q: Two banks pay simple interest on short-term deposits. Bank A pays 6% p.a. over 3 years, and Bank B…

A:

Q: A, B and C are partners with C as the industrial partner. A contributed P50,000 and B contributed…

A:

Q: Prorate the following expenses and find the corresponding monthly expense. Lan pays a semiannual…

A:

Q: What would Billy’s weekly net pay be if he earns $20 per hour and worked 40 hours per week. His…

A: Billy’s weekly net pay be if he earns $20 per hour and worked 40 hours per week. His deductions are…

Q: A store in Iowa advertises that during their Labor Day sale, everything is 25% off, plus they will…

A: To find the final price of mike's purchase we need calculate the discounted amount, Given: discount…