Having more than 1,000 students in a year, assume that I choose a simple random samples of 30 final exams in my engineering economics class and compute the class average. The results show that 5% of the grades are over 2.1 and 5% are under 1.9. Using this information, determine (i) the population mean and (ii) the population standard deviation of the final exam.
Having more than 1,000 students in a year, assume that I choose a simple random samples of 30 final exams in my engineering economics class and compute the class average. The results show that 5% of the grades are over 2.1 and 5% are under 1.9. Using this information, determine (i) the population mean and (ii) the population standard deviation of the final exam.
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
Transcribed Image Text:Having more than 1,000 students in a year, assume that I choose a simple random
samples of 30 final exams in my engineering economics class and compute the class
average. The results show that 5% of the grades are over 2.1 and 5% are under 1.9.
Using this information, determine (i) the population mean and (ii) the population
standard deviation of the final exam.
a) (i) 3
(ii) 0.53
b) (i) 2
(ii) 0.33
c) (i) 4
(ii) 0.43
O d) None of the answers are correct
O e) (i) 6
(ii) 0.13
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