Starting salaries of 70 college graduates who have taken a statistics coursehave a mean of $44,298. Suppose the distribution of this population is approximatelynormal and has a standard deviation of $9,179.Using an 81% confidence level, find both of the following:(NOTE: Do not use commas nor dollar signs in your answers.)(a) The margin of error:(b) The confidence interval for the mean μ:<μ<

Sample size: Sample mean: Standard deviation: Confidence level: Suppose the distribution of this…

Answered: Starting salaries of 70 college…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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From generation to generation, the mean age when smokers first start to smoke varies. However, the standard deviation of that age remains constant at around 2.1 years. A survey of 42 smokers of this generation was done to see if the mean starting age is at least 19. The sample mean was 18.1 with a sample standard deviation of 1.3. Do the data support the claim at the 5% level?Note: If you are using a Student's t-distribution for the problem, you may assume that the underlying population is normally distributed. (In general, you must first prove that assumption, though.) State the distribution to use for the test. (Round your answers to four decimal places.) X ~ , What is the test statistic? (If using the z distribution round your answers to two decimal places, and if using the t distribution round your answers to three decimal places.) = What is the p-value? (Round your answer to four decimal places.)
Suppose the mean monthly return on a T-Bill is 0.5% with a standard deviation of 0.58%. Sup-pose we have another investment Y with a 1.5% mean monthly return and standard deviationof 6%. Which of the two investments o ers less risk in terms of investment.
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If a standard deviation is 1.4 away from a mean of 7.2 what is the z score of an x value of 10
From generation to generation, the average age when smokers first start to smoke varies. However, the standard deviation of that age remains constant at around 2.1 years. A survey of 37 smokers of this generation was done to see if the average starting age is at least 19. The sample average was 18.1 with a sample standard deviation of 1.3. Do the data support the claim at the 5% level? Note: If you are using a Student's t-distribution for the problem, you may assume that the underlying population is normally distributed. (In general, you must first prove that assumption, though.) + Part (a) + Part (b) + Part (c) A Part (d) State the distribution to use for the test. (Round your standard deviation to four decimal places.) X - N 19 2.1/37 E Part (e) O Part (f) O Part (g) O Part (h) Indicate the correct decision ("reject" or "do not reject" the null hypothesis), the reason for it, and write an appropriate conclusion. (1) Alpha: a =
A standardized test is given to a sixth-grade class. Historically the mean score has been 151 with a standard deviation of 21. The superintendent believes that the standard deviation of performance may have recently decreased. She randomly sampled 23 students and found a mean of 161 with a standard deviation of 18.2898. Is there evidence that the standard deviation has decreased at the α=0.05 level? Step 1 of 5 : State of the hypotheses in terms of the standard deviation. Round the standard deviation to four decimal places when necessary Step 2 of 5 : Determine the critical value(s) of the test statistic. If the test is two-tailed, separate the values with a comma. Round your answer to three decimal places. Step 3 of 5 : Determine the value of the test statistic. Round your answer to three decimal places. Step 4 of 5 : Make the decision. Step 5 of 5 : What is the conclusion?
A random sample of 40 college students has a mean earnings of $3120 with a standard deviation of $677 over the summer months. Determine whether a normal distribution or a t-distribution should be used or whether neither of these can be used to construct a confidence interval. Question 2 options: Cannot use normal distribution or t-distribution. Use normal distribution. Use the t-distribution.
Suppose that the mean systolic blood pressure for women over age seventy is 131 mmHg (millimeters of mercury), with a standard deviation of 9 mmHg. Suppose that the blood pressures are normally distributed. Complete the following statements. (a) Approximately? mmHg and 140 mmHg. of women over seventy have blood pressures between 122 (b) Approximately 95% of women over seventy have blood pressures between mmHg and mmHg.
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