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

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Similar questions

A certain coffee packing company has three packing lines with the following production volumes of boxes per hour. You are an analyst and the manager entrusts you to carry out an analysis to establish whether or not there is a difference in the production of each line at 95% confidence.
Peggy constructed the 95 percent confidence interval (4.8,5.2)(4.8,5.2) to estimate the slope of a regression model for a set of bivariate data with 24 data values. Peggy claims that the width of the confidence interval will increase if a sample size of 30 is used, all other things remaining the same. Quincy claims that the width of the confidence interval will decrease if a sample size of 30 is used. Which statement is true about the claims made by Peggy and Quincy? A)Peggy’s claim is correct. B)Quincy’s claim is correct. C)Both Peggy’s claim and Quincy’s claim are correct. D)Neither Peggy’s claim nor Quincy’s claim is correct. E)There is not enough information to determine whether the claims are correct.
Researchers ran a multiple linear regression to determine if belief accuracy in a political claim when given misinformation was related to the following independent variables: One’s level of anger (coded low = 0, high = 1) One’s level of anxiety (coded low = 0, high = 1) Whether the source of misinformation about the claim came from their own political party (in-party, coded from the other party = 0, from their party = 1) Whether or not a correction of misinformation was made (coded correction without evidence = 0, correction with evidence = 1) One’s political knowledge (continuous measurement from 0-4) One of the two issues in question (coded illegal immigration = 0, death penalty = 1) 4. The Adjusted R2 for Model 3 is 0.193. How would one interpret this? 5. In putting together a final model, would you want to remove any variables from Model 3? Why or why not? 6. They did not report standardized regression coefficients (β’s). What would the standardized regression…
You have the following two data points for a process undergoing learning: Y3 = 50 and Y7 = 35 What is the best equation to use for prediction? Group of answer choices Yx = 84.2 x-0.2324 Yx = 77.6 x-0.5323 Yx = 79.4 x-0.4210 Yx = 80.7 x-0.3365 insufficient information
You plan to find a confidence interval for the percentage of children who have speech delays. A small pilot study finds that 6% of children have speech delays. If you want a 90% confidence interval with a margin of error of 3%, what is the minimum sample size you must take?
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.
Data are used either to test a hypothesis or to construct a confidence interval, but not both. Explain.
The full question for the last question is written down below Fail/fail to reject H0. There is insufficient/sufficient evidence at the 10% level of significance to support the claim that there is a linear relationship between weight and number of hours slept.

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