Suppose you analyzed the average monthly credit card bill of Visa credit card customers using two randomly selected samples: one with 144 Visa creditcard customers (Sample #1) and one with 100 Visa credit card customers (Sample #2). Every credit card customer in Sample #1 had a monthly credit cardbill of $1,812. Sample #2, on the other hand, had an average monthly credit card bill of $1,868 with a variance of 1,302,388 (SM2. If you combined thesesamples into one...Question 2What would be the combined monthly credit card bill average (in dollars)?Question 3AWhat is the combined monthly credit card bill median (in dollars)?Question 3BWha is the shape of the combined monthly credit card bill distribution (in dollars)?Question 4What would be the combined monthly credit card bill standard deviation (in dollars)?

Question 2: Sample statistics of the two samples:The given statistics for the two randomly selected…

Answered: Suppose you analyzed the average…

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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An adventure company runs two obstacle courses, Fundash and Coolsprint, with similar designs. Since Fundash was built on rougher terrain, the designer of the courses suspects that the mean completion time of Fundash is greater than the mean completion time of Coolsprint. To test this, she selects 235 Fundash runners and 275 Coolsprint runners. (Consider these as independent random samples of the Fundash and Coolspring runners.) The 235 Fundash runners complete the course with a mean time of 78.1 minutes and a standard deviation of 6.7 minutes. The 275 individuals complete Coolsprint with a mean time of 76.4 minutes and a standard deviation of 8.1 minutes. Assume that the population standard deviations of the completion times can be estimated to be the sample standard deviations, since the samples that are used to compute them are quite large. At the 0.01 level of significance, is there enough evidence to support the claim that the mean completion time, u,, of Fundash is greater than…
One sample has n=7 and SS=35 and a second sample has n =17 and SS =45. What is the pooled variance for these two samples?
Hi, I'm stuck with question 2. Question 1 given the example for this question
A new study has found that, on average, 6- to 12-year-old children are spending less time on household chores today compared to 1981 levels. Suppose two samples representative of the study's results report the following summary statistics for the two periods. 1981 Levels 2008 Levels 24 minutes 19 minutes 51 = 3.5 minutes 52 - 4.3 minutes ni = 30 n2 - 30 Which of the following is the correct value of the test statistic assuming that the unknown population variances are equal? Multiple Cholce Z = -4.94 tss = 4.94 Z = 4.94 t59 = -4.94
Consider the following sample of 5 observations. -9, 6, 743, 8, 15 There is one outlier. Suppose we wish to remove the outlier from the calculations and calculate the variance of the remaining values. What would the value of the variance be?
The following table shows the ethnic origins of two random samples of students from a Canadian university, one from 2012 and the other from 2022: European 2012 2022 African Asian 308 58 52 364 100 58 Note: Canadian born students are classified according to their ancestry. (a) What would be an appropriate test to check if there has been an overall change in the distribution of ethnic origins among the student population of that university between 2012 and 2022? Justify your answer. ] Other 22 38 (b) Based on your answer in (a) above, test whether there has been an overall change in the distribution of ethnic origins among the student population of that university between 2012 and 2022. Use a 5% significance level and show your detailed manual calculations and all the steps of your hypothesis test (hypotheses, significance level, expected cell frequencies (rounded to 1 decimal), test statistic, decision criteria, critical value and p-value, conclusion with justification). (Manual…
"A large candy manufacturer produces, packages and sells packs of candy targeted to weigh 52 grams. A quality control manager working for the company was concerned that the variation in the actual weights of the targeted 52-gram packs was larger than acceptable. That is, he was concerned that some packs weighed significantly less than 52-grams and some weighed significantly more than 52 grams. In an attempt to estimate the variance of the weights of all of the 52-gram packs the manufacturer makes, he took a random sample of n = 20 packs off of the factory line. The random sample yielded a sample variance of 3.5 grams. Use 90% confidence level. What is the confidence interval for the variance of the weight of the candy?"
In an analysis of variance with 4 groups, each containing 12 respondents. Please calculate the between-group degrees of freedom.
Use the following information to answer the question. A researcher wants to study different messaging platforms by collecting data on 40 individuals. Half of the individuals only use iMessage while the other half only use What's App. For the individuals who only used iMessage, they sent an average of 280 messages with a sample variance of 170 in the past week. For the individuals who only used What's App, they sent an average of 295 messages with a sample variance of 182 in the past week. Determine if there is a significant difference between the average messages sent between the two groups of individuals. Use a significance level of 1%. What is the null hypothesis? Group of answer choices A. The iMessage group on average sent more messages than the What's App group. B. The iMessage group on average sent less messages than the What's App group. C. There is no difference in the average number of messages sent between the two groups. D. There is a difference in the average…

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