Exercise 1 Emma reads that the average age of graduate students is 21 years old. She wanied to estimate the mean age of the graduate students at SKY University, so she took a random sample of 30 graduate students. She found that their mean age was 20.8 at 95% confidence level with 1.54 margin of error. Guide Questions: 1. What is the lower limit? 2. What is the upper limit? 3. What is the confidence interval? 4. Based on the interval you get, is it plausible that the mean age of all graduate students at their university is also 21 years?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Exercise 1
Emma reads that the average age of graduate students is 21 years old. She
wanied to estimate the mean age of the graduate students at SKY University,
so she took a random sample of 30 graduate students. She found that their
mean age was 20.8 at 95% confidence level with 1.54 margin of error.
Guide Questions:
1. What is the lower limit?
2. What is the upper limit?
3. What is the confidence interval?
4. Based on the interval you get, is it plausible that the mean age of all
graduate students at their university is also 21 years?
Transcribed Image Text:Exercise 1 Emma reads that the average age of graduate students is 21 years old. She wanied to estimate the mean age of the graduate students at SKY University, so she took a random sample of 30 graduate students. She found that their mean age was 20.8 at 95% confidence level with 1.54 margin of error. Guide Questions: 1. What is the lower limit? 2. What is the upper limit? 3. What is the confidence interval? 4. Based on the interval you get, is it plausible that the mean age of all graduate students at their university is also 21 years?
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