Lim works at a software company. He believe that the average staff age at these companies is morethan 27. A random sample is collected:41182536263524302819222226232431222223262726292823191818242424252423202121212132232120a)Find mean, variance and standard deviation for the above sample.b) Find the confidence interval of the mean age of the staffs with 97% of confidence level.

To calculate: a). Mean , Variance and standard deviation b). 97% confidence interval

Answered: Lim works at a software company. He…

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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6. Help please
. Ghana Rice Company. (GRC) sells rice to selected shops in Accra. GRC uses an automatic machine to fill the bags of rice. Weights of the bagged rice are approximately normally distributed with a mean of 75 kilograms and a standard deviation of 1.5 kilograms. a) GRC is unable to adjust the mean of the filling machine. However, it is able to adjust the standard deviation of the filling machine. What should be the standard deviation so that no more than 2% of all filled bags weigh more than 71.5 kilograms?
Salary information regarding two independent random samples of male and female employees of a large company is shown below. Female 90 $41 $42 Sample size Sample mean Population standard deviation Male 111 $73 $48 Let us develop a 99% confidence interval estimate of the difference between the salary of the two populations. Calculate the margin of error for the confidence interval. (Answer to two decimal places)
A professor wants to know whether or not there is a difference in comprehension of a lab assignment among students depending on if the instructions are given all in text, or if they are given primarily with visual illustrations. She randomly divides her class into two groups of 15, gives one group instructions in text and the second group instructions with visual illustrations. The following data summarizes the scores the students received on a test given after the lab. Let the populations be normally distributed with a population standard deviation of 5.32 points for both the text and visual illustrations. Text (Group 1) Visual Illustrations (Group 2) 57.3 59 45.3 57.6 87.1 72.9 61.2 83.2 43.1 64 87.3 76.7 75.2 78.2 88.2 64.4 67.5 89 86.2 72.9 67.2 88.2 54.4 43.8 93 97.1 89.2 95.1 52 84.1 Is there evidence to suggest that a difference exists in the comprehension of the lab based on the…
A marketing researcher wants to estimate the mean amount spent per year ($) on a web site by membership member shoppers. Suppose a random sample of 100 membership member shoppers who recently made a purchase on the web site yielded a mean amount spent of $55 and a standard deviation of $52. Complete parts (a) and (b) below. a. Is there evidence that the population mean amount spent per year on the web site by membership member shoppers is different from $51? (Use a 0.01 level of significance.) State the null and alternative hypotheses. Ho: H (Type integers or decimals. Do not round. Do not include the $ symbol in your answer.) Identify the critical value(s). The critical value(s) is/are (Type an integer or a decimal. Round to two decimal places as needed. Use a comma to separate answers as needed.) Determine the test statistic. The test statistic, 1STAT, is (Type an integer or a decimal. Round to two decimal places as needed.) State the conclusion. Ho. There is evidence that the…
12. (Two Samples) According to a survey, the mean price of gasoline in the United States was $1.20 per gallon in 1995 and $1.10 per gallon in 1994. (U.S. News & World Report, June 12, 1995). Suppose these means were based on random samples of 100 gasoline stations for 1995 and 120 gasoline stations for 1994. Also, assume that the sample standard deviations were $0.11 for 1995 and $0.10 for 1994. a. Construct a 98% confidence interval for the difference between the mean gasoline prices for 1995 & 1994. b. Test at the 1% significance level if the mean gasoline price was higher in 1995 than in 1994.
A marketing researcher wants to estimate the mean amount spent per year ($) on a web site by membership member shoppers. Suppose a random sample of 100 membership member shoppers who recently made a purchase on the web site yielded a mean amount spent of $58and a standard deviation of $55.Complete parts (a) and (b) below. a. Is there evidence that the population mean amount spent per year on the web site by membership member shoppers is different from $51? (Use a 0.01 level of significance.) State the null and alternative hypotheses.
A study is conducted to compare the performance of students with more than one personal electronic gadget and those with only one. A number of them were taken as subjects for the study. The mean grades of these students and the standard deviations are shown below: For one gadget: The mean is 83, standard deviation is 12, and sample size is 7. For more than one gadget: The mean is 79, standard deviation is 13, and sample size is 5. Is it possible to conclude that there is no significant difference in the mean grades of the two types of students at a 95% confidence interval? Note: This is a two-tailed test. Also take note that this is finding the difference between two population means.
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