Bootstrap Dotplot of Original Sample Mean n- 23, mean= 65057.304 median - 64625, stdev = 11542,583 O Left Tail O Two-Tail O Right Tail samples - 1000 mean - 65050.653 20 std. error - 2365.388 50 15 10 40 .:: ::.: 50000 60000 70000 90000 65057.982 80000 30 Bootstrap Sample Show Data Table 0.050 0.900 0.050 n= 23, mean 71528.783 median = 68804, stdev = 14634.15 20 20 15 10 10 64000 66000 65050.653 68000 I 70000 60000 62000 72000 60000 700o 90000 71528.783 58000 50000 90000 61177.326 69178.783 .....

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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Question
What parameter are you estimating? (indicate what the parameter represents in context
and be sure to include the appropriate symbol- see introduction for how to represent symbols
Interpret the interval in context.
Using this interval, can you make any conclusions as to whether the value of your parameter
is positive, negative or 0). Explain
Transcribed Image Text:What parameter are you estimating? (indicate what the parameter represents in context and be sure to include the appropriate symbol- see introduction for how to represent symbols Interpret the interval in context. Using this interval, can you make any conclusions as to whether the value of your parameter is positive, negative or 0). Explain
StatKey Confidence Interval for a Mean, Median, Std. Dev.
Custom Dataset
Show Data Table
Edit Data
Upload File
Change Column(s)
Generate 1 Sample
Generate 10 Samples
Generate 100 Samples
Generate 1000 Samples
Reset Plot
Bootstrap Dotplot of
Original Sample
Mean -
n = 23, mean = 65057.304
median = 64625, stdev = 11542.583
Left Tail
Two-Tail
Right Tail
samples - 1000
mean 65050.653
20
std. error
2365.388
50
15
10
60000 70000
65057.304
50000
80000
90000
30
Bootstrap Sample Show Data Table
0.050
0.900
0.050
71528.783
n = 23, mean =
median = 68804, stdev = 14634.15
%3D
||
20
15
10
10
5
:::
0.
66000
65050.653
68000
A 70000
72000
58000
60000
62000
64000
50000 60000 700 80000 90000
71528.783
61177.326
69178.783
40
20
Transcribed Image Text:StatKey Confidence Interval for a Mean, Median, Std. Dev. Custom Dataset Show Data Table Edit Data Upload File Change Column(s) Generate 1 Sample Generate 10 Samples Generate 100 Samples Generate 1000 Samples Reset Plot Bootstrap Dotplot of Original Sample Mean - n = 23, mean = 65057.304 median = 64625, stdev = 11542.583 Left Tail Two-Tail Right Tail samples - 1000 mean 65050.653 20 std. error 2365.388 50 15 10 60000 70000 65057.304 50000 80000 90000 30 Bootstrap Sample Show Data Table 0.050 0.900 0.050 71528.783 n = 23, mean = median = 68804, stdev = 14634.15 %3D || 20 15 10 10 5 ::: 0. 66000 65050.653 68000 A 70000 72000 58000 60000 62000 64000 50000 60000 700 80000 90000 71528.783 61177.326 69178.783 40 20
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