Data on 4500 college graduates show that the mean time required to graduate with a bachelor's degree is 6.38 years with a standard deviation of 1.39 years. Use a single value to estimate the mean time required to graduate for all college graduates. Also, find the 95% confidence interval for the mean time required to graduate for all college graduates. D The estimate for the mean time required to graduate for all college graduates is 6.38 years. (Round to two decimal places as needed.) Save Find the 95% confidence interval for the mean time required to graduate for all college graduates. years <μ< years 4 (Round to two decimal places as needed.)

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Data on 4500 college graduates show that the mean time required to graduate with a bachelor's degree is 6.38 years with a standard deviation of 1.39 years. Use a
single value to estimate the mean time required to graduate for all college graduates. Also, find the 95% confidence interval for the mean time required to graduate for
all college graduates.
The estimate for the mean time required to graduate for all college graduates is 6.38 years.
(Round to two decimal places as needed.)
Find the 95% confidence interval for the mean time required to graduate for all college graduates.
years <μ< years 4
(Round to two decimal places as needed.)
Transcribed Image Text:K Save Data on 4500 college graduates show that the mean time required to graduate with a bachelor's degree is 6.38 years with a standard deviation of 1.39 years. Use a single value to estimate the mean time required to graduate for all college graduates. Also, find the 95% confidence interval for the mean time required to graduate for all college graduates. The estimate for the mean time required to graduate for all college graduates is 6.38 years. (Round to two decimal places as needed.) Find the 95% confidence interval for the mean time required to graduate for all college graduates. years <μ< years 4 (Round to two decimal places as needed.)
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given;sample size(n) = 4500mean(x¯)=6.38 yearsstandard deviation(s) =1.39 yearsconfidence level 95%

 

 

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