c) Use the normal distribution.Construct the requested confidence interval.20. A random sample of 10 parking meters in a beach community showed the following incomes for a dayAssume the incomes are normally distributed.$3.60 $4.50 $2.80 $6.30 $2.60 $5.20 $6.75 $4.25 $8.00 $3.00Construct a 95% confidence interval for the true mean.Hint: s=1.83a) ($2.11, $5.34)b) (S1.35. $2 85)c) ($4.81, $6.31)d) ($3.39, $6 01)

Therefore, the mean and standard deviation is 4.7 and 1.83 respectively.

Answered: c) Use the normal distribution.…

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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mean. Interpret the results and compare the widths of the confidence intervals. If convenient, use technology to construct the confidence intervals. A random sample of 40 home theater systems has a mean price of $138.00. Assume the population standard deviation is $17.80. Construct a 90% confidence interval for the population mean.
The average McDonald's restaurant generates $3.6 million in sales each year with a standard deviation of 0.9. Trent wants to know if the average sales generated by McDonald's restaurants in Kentucky is different than the worldwide average. He surveys 27 restaurants in Kentucky and finds the following data (in millions of dollars): 4.1, 2.8, 4.4, 4.5, 5.3, 5, 3.7, 2.9, 3.8, 4.8, 3.6, 2.3, 3.7, 2.9, 2.9, 4, 1.1, 5.2, 2.9, 5, 4, 4, 5.9, 3.2, 2.2, 4.3, 3.8 Perform a hypothesis test using a 3% level of significance. Step 1: State the null and alternative hypotheses. Ho: [? v] ? v На: ? ? v (So we will be performing a Select an answer test.) Step 2: Assuming the null hypothesis is true, determine the features of the distribution of point estimates using the Central Limit Theorem. By the Central Limit Theorem, we know that the point estimates are Select an answer v with distribution mean and distribution standard deviation Step 3: Find the p-value of the point estimate. P( ? v ? v = P( ? ♥ ?…
A primary measure of dispersion for sample data is the sample standard deviation, s. Choose the best option to explain what the meaning of the sample standard deviation is, in general. A. The distance between one observation and the mean. B. The average distance of an observation from the middle of the distribution. C. The average distance between observations in the sample. D. The distance between the third and first quartiles.
(in hours): 7, 6, 7, 8.5, 8, 9, 6.5 a. Find the mean, median, mode and standard deviation for their hours of sleep. b. Create a 99% confidence interval for the mean amount of hours they slept.
4. At private college the achievement test is used for advanced study placement. Counselors selected a random sample of 144 students from the college and scored their tests by hand before sending them in for computer processing. For this sample, the mean was 450 and s = 29. Construct a 98% confidence interval for the mean.
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When forming a confidence interval for matched-pair data the point estimate is the Select one: O A. standard deviation of the differences. OB. differences of the standard deviations. O C. mean of the differences. O D. difference of the means.
A consumer affairs investigator records the repair cost for 4 randomly selected TVs. A sample mean of $75.89 and standard deviation of $13.53 are subsequently computed. Determine the 80% confidence interval for the mean repair cost for the TVs. Assume the population is approximately normal. Construct the 80% confidence interval. Round your answer to two decimal places.
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The accompanying table shows data for the weights of backpacks for men and women. Assume that the data are from random samples and the distributions are Normal. Complete parts (a) and (b) below. E Click the icon to view the data table. a. Find a 95% confidence interval for the difference between means HFemale - HMale state whether it captures 0, and explain what that shows about the mean. The 95% confidence interval is ( D (Round to two decimal places as needed. Use ascending order.) Backpack weights Female Male 10 10 12 8 9. 7 5 10 7 20 3 11 8 14 13 11 14 6 7 22 11 12 15 10 17 22 10 7 25 11 7 15 11 11 4 16 13 20 21 15 10 9. 16 10 15 13 10 10 17 12 11 38 6. 6. 7 19 12 13 20 8 14 15 18 19 10 16 16 13 18 12 14 13 13 15 14 14 7 7 14 13 27 11
Toby wants to know the average price of new cars at a particular dealearship. He randomly selects a sample of 31 cars and finds that the average price to be $19500$19500 with a standard deviation of $1640$1640. What is the 95% confidence interval for the mean price of cars at this particular dealership? With 95% confidence, we can say the true population mean price of cars at this dealership is between $____ and _____$ .Round to the nearest dollar

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