Provide and interpret a 93% confidence interval for the variable Savings Is the picture provided the correct R program coding? O> t.test(Midterm_BUS$Savings, alternative = "two.sided", conf.level = .93)One Sample t-testdata: Midterm_BUS$Savingst = 97.71, df176, p-value < 2.2e-16alternative hypothesis: true mean is not equal to 093 percent confidence interval:2971.671 3084.666sample estimates:mean of x3028.168

Yes, the code provide is correct

Answered: Provide and interpret a 93% confidence…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

You need to use Stata to look up the dataset and its variables. Use Stata Companion Textbook. (Dataset: NES. Variables: spend8, [pw=nesw].) The NES dataset contains spend8, which records the number of government policy areas where respondents think spending should be increased. Scores range from 0 (the respondent does not want to increase spending on any of the policies) to 8 (the respondent wants to increase spending on all eight policies). The NES, of course, polls a random sample of U.S. adults. In this exercise you will analyze spend8 using the mean and lincom commands. You then will draw inferences about the population mean. (Remember to specify nesw as the probability weight.) The spend8 variable has a sample mean of ______. Make sure you use [pw=nesw] so your results are nationally representative. There is a probability of .95 that spend8’s true population mean falls between a score of ______ at the low end and a score of ______ at the high end. A student researcher…
Solve C
Use the study below for Part A, Part B, and Part C. A soft drink company surveys 500 shoppers and finds that 61% of shoppers prefer diet soda to regular soda. Part A: With a confidence level of 90%, what is the margin of error? Show your work and round to the nearest hundredth.Part B: If the sample size would increase to 1,000 respondents while keeping the rest of the variables the same, what would happen to the margin of error?Part C: Support your answer to Part B by finding the margin of error if 1,000 shoppers were surveyed while keeping the rest of the variables the same. Show your
A 95% confidence interval is constructed in order to estimate the proportion of adults who own an iPhone. The resulting interval has a margin of error of 0.043. Which of the following would be the margin of error for a 90% confidence interval based on the same sample of data?
When a population has less variability, for the same margin of error and confidence level, the confidence interval becomes a. larger b. smaller c. of unchanged size
Report an appropriate hypothesis test for a positive linear relationship and use a 5% significance level. Explain the potential error in words, in context. In the answer options below I have used the phrase “a certain relationship” because I don’t want to give away exactly what type of relationship it is. Group of answer choices We would be accepting that there was a certain relationship between Sale amount and Tip when actually there wasn’t. We would not be accepting that there was a certain relationship between Sale amount and Tip when indeed there wasn’t. We would not be accepting that there was a certain relationship between Sale amount and Tip when actually there was. We would be accepting that there was a certain relationship between Sale amount and Tip when indeed there was.
If n= 100 and x= 80, construct a 99% confidence interval. Give your answers to three decimals
How do I find confidence levels
If n=470 and p̂ (p-hat) = 0.65, construct a 95% confidence interval.
You want to create a confidence interval for the difference in the percent of people over 40 who took music lessons as children and the percent of people 20-40 who took music lessons as children. You decide to use the Plus Four method. You ask 30 people over 40 and find that 21 of them took music lessons as children. You ask 25 people 20-40 and find that 13 took music lessons as children. Fill in the blanks for what you would put into your calculator's interval function. Have people over 40 be group 1. X1 = n1 = X2 = n2 =
The Jaccard's coefficient is appropriate when it is more informative to match negative outcomes between observations. True or False True False
Design your own within-subjects study. Remember to include your hypothesis, independent variable with at least 3 conditions, how long participants would spend in the conditions, and your dependent variable.

SEE MORE QUESTIONS

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS