Suppose you are looking at the population of 8,000 students that are freshman at UTEP. Youwant to determine on average how many hours a week they work each week. Let's call thatnumber X. You decide to take a sample of 100 of them.1. How many data points are there in this space?2. How many ways can you choose your subset of 100 students? Is it greater or less than theanswer above?3. How do you calculate the "point estimate" of one of those subsets of 100 students?4. How many actual subsets of 100 students do you have as a researcher?5. What does the Central Limit Theorem say about all the possible point estimates that canoccur from the possible 100-student subsets? Draw a graph?6. What value is the center of that curve? Please label it on the graph above. Let's just say the standard deviation of those 8,000 students is 5.1. What is the formula for standard deviation of a population of 8,000 students (please makesure the summation sign has a starting and ending number)? Can it ever be negative? Inour example, what are the units of the standard deviation?2. What is the standard deviation in our example?3. What is the probability that a randomly picked sample has a point estimate within .5 ofthe actual mean of X?4. What is the probability that a randomly picked sample has a point estimate within 1 of theactual mean of X?5. Do you know whether our point estimate is higher or lower than the mean?

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Description: Suppose you are looking at the population of 8,000 students that are freshman at UTEP. Youwant to determine on average how many hours a week they work each week. Let's call thatnumber X. You decide to take a sample of 100 of them.1. How many data po

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Suppose you are looking at the population of 8,000 students that are freshman at UTEP. You want to determine on average how many hours a week they work each week. Let's call that number X. You decide to take a sample of 100 of them. 1. How many data points are there in this space? 2. How many ways can you choose your subset of 100 students? Is it greater or less than th answer above? 3. How do you calculate the "point estimate" of one of those subsets of 100 students?

Suppose you are looking at the population of 8,000 students that are freshman at UTEP. You want to determine on average how many hours a week they work each week. Let's call that number X. You decide to take a sample of 100 of them. 1. How many data points are there in this space? 2. How many ways can you choose your subset of 100 students? Is it greater or less than th answer above? 3. How do you calculate the "point estimate" of one of those subsets of 100 students?

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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