Health care issues are receiving much attention in both academic and political arenas. A sociologist recently conducteda survey of citizens over 60 years of age whose net worth is too high to qualify for government health care but who haveno private health insurance. The ages of 25 uninsured senior citizens were as follows.68 73 66 7686 74 61 89 6590 69 92 7662 81 63 68 81 70 73 60 87 75 64 82Suppose the mean and standard deviation are 74.0 and 9.7, respectively. If we assume that the distribution of ages isbell shaped, what percentage of the respondents will be between 64.3 and 93.4 years old?A. approximately 81.5%O B. approximately 95%OC. approximately 83.9%OD. approximately 68%

The mean is 74 and the standard deviation is 9.7.

Answered: Health care issues are receiving much…

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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An article in the San Jose Mercury Newsstated that students in the California state university system take 4.5 years,on average, to finish their undergraduate degrees. Suppose you believe that the mean time is longer. You conduct a survey of 89 students and obtain a sample mean of 5.3 with a sample standard deviation of 1.4. Do the data support your claim at the 1% level?
See the picture below. Please be certain of your answer.
Given the following data set: 24; 32; 27; 22; 35; 18; 29; 25; 22. Calculate the coefficient of variation to measure how large the standard deviation is relative to the mean.
According to the U.S. Census Bureau, the average household income was $73,298 in 2014 (the latest year for which complete data is available). The median household income in 2014 was $53,719. Does a $20,000 difference seem like a big deal in these two different measures? What explains the discrepancy? Which measure do you think better captures the central tendency (or lay person’s sense of “average”) of the distribution of income in this country?
You want to see if the average grade for nontraditional age students is less than the average grade for traditional age students. You believe both populations are normally distributed, but you do not know the standard deviations for either. You obtain the following two samples of data. Non-Traditional Age Students Traditional Age Students 53.9 87 102.9 99.8 44.1 63.9 72.6 87.5 70.2 100.8 88.7 114.4 46.9 54.7 83.4 101.4 38 108.9 53.1 88 29.5 121.5 117.5 74.3 79.8 105.2 86.8 94.1 88.1 92.7 77.3 93.2 44.1 98.4 74.4 114.4 72.6 75.8 29.5 88 42.4 105.8 48.2 108.9 68.7 92.7 90.8 97.4 85.7 97.4 62.5 135.7 Use a significance level of 0.050.05 to answer the following. What is the test statistic for this sample? (Report answer accurate to three decimal places.)t-test statistic = What is the p-value for this sample? (Report answer accurate to four decimal places.)p-value =
. Advertising expenses are a significant component of the cost of goods sold. Listed below is a frequency distribution showing the advertising expenditures for 60 manufacturing companies located in the Southwest. Estimate the mean and the standard deviation of advertising expenses. Advertising Expenditure Number of ($ millions) Companies 25 up to 35 5 35 up to 45 10 45 up to 55 21 55 up to 65 16 65 up to 75 8 Total 60
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Varatta Enterprises sells industrial plumbing valves. The following table lists the annual sales amounts for a portion of the salespeople in the organization for the most recent fiscal year. a. Compute the mean (in $1000), variance (in $10002), and standard deviation (in $1000) for these annual sales values. Round your answers to the nearest whole number. b. In the previous fiscal year, the average annual sales amount was 290 thousand with a standard deviation of 95 thousand. Discuss any differences you observe between the annual sales amount in the most recent and previous fiscal years. Which of the following is correct? (i) The difference in the mean annual sales amount is very small and is most likely due to random change in demand for these products. (ii) The sample mean annual sales amount and standard deviation for the previous fiscal year were significantly higher. (iii) The sample mean annual sales amount and standard deviation for the previous fiscal year were significantly…
Is it worth pursuing a doctoral degree in education if you already have an undergraduate degree? One way to help make this decision is to look at the mean incomes of these two groups. Suppose that 15 people with bachelor’s degrees in education were surveyed. Their mean annual salary was $⁢31,500 with a standard deviation of $⁢7900. Seventeen people with doctoral degrees in education were found to have a mean annual salary of $⁢47,500 with a standard deviation of $⁢6900. Assume that the population variances are not the same. Construct a 99% confidence interval to estimate the true difference between the mean salaries for people with doctoral degrees and undergraduate degrees in education. Let Population 1 be the salaries for people with doctoral degrees and Population 2 be the salaries for people with undergraduate degrees. Round the endpoints of the interval to the nearest whole number, if necessary.
what is the mean of the data set?
It is known that incomes from the USA follow a normal distribution with a mean of $55,000 and a standard deviation of $12,000. A researcher took a sample of 100 people in the USA and obtained a sample mean of $67,000 with a standard deviation of $18,000. What are the characteristics of the sampling distribution. A. Mean = $55,000 and Standard Deviation of the Mean = $1200 B. Mean = $55,000 and Standard Deviation of the Mean = $12000 C. Mean = $67,000 and Standard Deviation of the Mean = $569.21 D. Mean = $67,000 and Standard Deviation of the Mean = $1800
An automobile repair shop reports that half of the automobiles they repair have a resale value below $ 4,000. In this example, the $4,000 represents which measure of central tendency? It is the mean O median mode range

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