USA Today reports that the average expenditure on Valentine's Day was expected to be $100.89. Do male and female consumers differ in the amountsthey spend? The average expenditure in a sample survey of 60 male consumers was $133.15, and the average expenditure in a sample survey of 37female consumers was $60.72. Based on past surveys, the standard deviation for male consumers is assumed to be $31, and the standard deviation forfemale consumers is assumed to be $18. The z value is 2.576.Round your answers to 2 decimal places.a. What is the point estimate of the difference between the population mean expenditure for males and the population mean expenditure for females?b. At 99% confidence, what is the margin of error?c. Develop a 99% confidence interval for the difference between the two population means.to

Given that Sample sizes n1=60 , n2=37 Sample means X̄1=133.15 , X̄2= 60.72 ?1 =31…

Answered: reports that the average expenditure on…

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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The mean Math ACT score was 20.5, with a standard deviation of 5.5. Sarah scored a 26 on the Math ACT. According to the empirical rule, what percent of students taking the Math ACT scored higher than Sarah? O 5.5% O 16% O 84% O 2.5%
USA Today reports that the average expenditure on Valentine's Day was expected to be $100.89. Do male and female consumers differ in the amounts they spend? The average expenditure in a sample survey of 54 male consumers was $132.57, and the average expenditure in a sample survey of 35 female consumers was $70. Based on past surveys, the standard deviation for male consumers is assumed to be $33, and the standard deviation for female consumers is assumed to be $16. The z value is 2.576. Round your answers to 2 decimal places. a. What is the point estimate of the difference between the population mean expenditure for males and the population mean expenditure for females? b. At 99% confidence, what is the margin of error? c. Develop a 99% confidence interval for the difference between the two population means. to
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The average expenditure on Valentine's Day was expected to be $100.89 (USA Today, February 13, 2006). Do male and female consumers differ in the amounts they spend? The average expenditure in a sample survey of 46 male consumers was $132.31, and the average expenditure in a sample survey of 37 female consumers was $63.58. Based on past surveys, the standard deviation for male consumers is assumed to be $33, and the standard deviation for female consumers is assumed to be $20. The z value is 2.576. Round your answers to 2 decimal places. a. What is the point estimate of the difference between the population mean expenditure for males and the population mean expenditure for females? b. At 99% confidence, what is the margin of error? c. Develop a 99% confidence interval for the difference between the two population means. to
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The USA Today reports that the average expenditure on Valentine's Day is $100.89. Do male and female consumers differ in the amounts they spend? The average expenditure in a sample survey of 45 male consumers was $135.67, and the average expenditure in a sample survey of 32 female consumers was $68.64. Based on past surveys, the standard deviation for male consumers is assumed to be $34, and the standard deviation for female consumers is assumed to be $20. What is the point estimate of the difference between the population mean expenditure for males and the population mean expenditure for females (to 2 decimals)? At 99% confidence, what is the margin of error (to 2 decimals)? Develop a 99% confidence interval for the difference between the two population means (to 2 decimals). Use z-table.( , )

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