1. Find the standard normal probabilities of being less than the following z-scores.Compare the probabilities found in the normal distribution table to the valuesfound using the calculator with the normalcdf function. There is a link to thenormal tables in Course Documents; these are the "official" tables used by U.S.government agencies. But there is a more convenient, user-friendly table in the"formula card", available as a .pdf file (also in Course Documents).Z-Score1551.41.96-1.4-1.28-.82From TableFrom Calculator

Z Score0.551.41.96-1.4-1.28-0.82The Z score is a statistical measurement that describes the value…

Answered: Find the standard normal probabilities…

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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Please see below for the question details. I got 34.32 for the interest, but I also got 19.68 and 32 when I reworked the problem; Please help!!!! Because of the relatively high interest rates, most consumers attempt to pay off their credit card bills promptly. However, this is not always possible. An analysis of the amount of interest paid monthly by a bank's Visa cardholders reveals that the amount is normally distributed with a mean of 27 dollars and a standard deviation of 8 dollars.Please use z-scores with at least 3 decimal places. D. What interest payment is exceeded by only 18% of the bank's Visa cardholders? Interest Payment =
Find a real-life example of the use of ANOVA (Make sure to cite the source). Explain how and why they used ANOVA.
Please also explain why you determined whether or not the results are statistically significant. In another memory experiment, the mean scores for participants in Condition A and Condition B came out exactly the same!
The Coca-Cola Company reported that the mean per capita annual sales of its beverages in the United States was 423 eight-ounce servings (Coca-Cola Company website, February 3, 2009). Suppose you are curious whether the consumption of Coca-Cola beverages is higher in Atlanta, Georgia, the location of Coca-Cola's corporate headquarters. A sample of 36 individuals from the Atlanta area showed a sample mean annual consumption of 460.4 eight-ounce servings with a standard deviation of s=101.9. Answer questions 8-10.
Customers of a restaurant have been complaining about food poisoning over the past week. A health professional was called to investigate. He tested a representative sample of the eggs and reported that 23% of the sample eggs tested positive for the salmonella bacterium. If a second health professional tests 4 eggs at random, what is the mean of the number of eggs that test positive for salmonella?
An adventure company runs two obstacle courses, Fundash and Coolsprint. The designer of the courses suspects that the mean completion time of Fundash is not equal to the mean completion time of Coolsprint. To test this, she selects 240 Fundash runners and 200 Coolsprint runners. (Consider these as random samples of the Fundash and Coolspring runners.) The 240 Fundash runners complete the course with a mean time of 76.7 minutes and a standard deviation of 5.2 minutes. The 200 Coolsprint runners complete the course with a mean time of 77.5 minutes and a standard deviation of 5.4 minutes. Assume that the population standard deviations of the completion times can be estimated to be the sample standard deviations, since the samples that are used to compute them are quite large. At the 0.05 level of significance, is there enough evidence to support the claim that the mean completion time, μ1 , of Fundash is not equal to the mean completion time, μ2 , of Coolsprint?…
The variablilty of statistics is described by
At a local food processing plant, it used to take an average of 90 minutes for new workers to learn a food processing job. Recently the company installed a new food processing machine. The supervisor at the company wants to find if the mean time taken by new workers to learn the food processing procedure on this new machine is different from 90 minutes. A sample of 20 workers showed that it took, on average, 85 minutes for them to learn the food processing procedure on the new machine. It is known that the learning times for all new workers are normally distributed with a population standard deviation of 7 minutes. Use a significance level of 0.01 to test the claim that the mean time is different from 90 minutes. What is the decision? A) Reject Ho because the test statistic is in the critical region and the p-value is greater than the significance level. B) Reject Ho because the test statistic is not in the critical region and the p-value is greater than the significance level.…
At a local food processing plant, it used to take an average of 90 minutes for new workers to learn a food processing job. Recently the company installed a new food processing machine. The supervisor at the company wants to find if the mean time taken by new workers to learn the food processing procedure on this new machine is different from 90 minutes. A sample of 20 workers showed that it took, on average, 85 minutes for them to learn the food processing procedure on the new machine. It is known that the learning times for all new workers are normally distributed with a population standard deviation of 7 minutes. Use a significance level of 0.01 to test the claim that the mean time is different from 90 minutes. What is the test statistic? A) -7.01 B) -2.539 C) -3.19 D) -2.528 E) -1.96

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