Google is looking to hire a new big data analyst to help with their changing demographics of users. They do their research with data collected from the U.S. Bureau of Labor Statistics and the average analyst wage is recorded as $54,000 with a standard deviation of $855. They decide to look specifically at the general area in California. When they do a sample of 750 analysts in the state, they find an average salary of $72,000 with a standard deviation of $455. With 95% confidence, create a confidence interval based on your sample. Is there evidence to say that the average salary in California is above the national average? Chanter o 2
Google is looking to hire a new big data analyst to help with their changing demographics of users. They do their research with data collected from the U.S. Bureau of Labor Statistics and the average analyst wage is recorded as $54,000 with a standard deviation of $855. They decide to look specifically at the general area in California. When they do a sample of 750 analysts in the state, they find an average salary of $72,000 with a standard deviation of $455. With 95% confidence, create a confidence interval based on your sample. Is there evidence to say that the average salary in California is above the national average? Chanter o 2
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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Transcribed Image Text:Google is looking to hire a new big data analyst to help with their changing demographics of
users. They do their research with data collected from the U.S. Bureau of Labor Statistics and
the average analyst wage is recorded as $54,000 with a standard deviation of $855. They decide
to look specifically at the general area in California. When they do a sample of 750 analysts in
the state, they find an average salary of $72,000 with a standard deviation of $455. With 95%
confidence, create a confidence interval based on your sample. Is there evidence to say that the
average salary in California is above the national average?
Chapter 8.2
What if it turns out that the US Bureau of Labor Statistics does not have a reliable standard
deviation for the national average salary? Complete a 95% confidence interval with the new
scenario. Does this change your answer about the average analyst wage in California?
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