The accompanying data file shows the average monthly debt payments (Debt in $) for residents of 26 metropolitan areas. Click here for the Excel Data File a. Calculate the mean and standard deviation for debt payments. Note: Round your final answers to 2 decimal places. Sample mean Sample standard deviation b. Construct the 90% and the 95% confidence intervals for the population mean for debt payments. Note: Round your final answers to 2 decimal places. Confidence Level 90% 95% Confidence Interval to to

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Home
F17
2222
Paste
29
30
31
1 Metropolitan area
2 Washington, D.C.
3 Seattle
4 Baltimore
5
6
7 San Francisco
8
San Diego
9
Sacramento
10 Los Angeles
11 Chicago
12 Philadelphia
13 Minneapolis
14 New York
15 Atlanta
16 Dallas
17 Phoenix
18 Portland
19 Cincinnati
20 Houston
21 Columbus
22 St. Louis
23 Miami
24 Detroit
25 Cleveland
26 Tampa
27 Pittsburgh
28
32
22
Boston
Denver
Insert Draw Page Layout
A.
Font
16
AutoSave OFF
A
x
Debt
1285
1135
1133
1133
1104
1098
1076
1045
1024
1017
1011
1011
989
986
970
957
948
920
889
888
886
867
832
812
791
763
fx
B
Alignment
Income
103.5
81.7
82.2
89.5
75.9
93.4
75.5
73.1
68.2
75.1
78.3
84
78.3
71.8
68.3
66.6
71.2
69.5
65.1
68.6
68.3
C
60.2
69.8
64.8
59.4
63
2 C
Formulas
%*
Number
6.3
8.5
8.1
7.6
8.1
9.3
10.6
12.4
***
12.9
9.7
9.2
7
9.3
10.3
8.4
9.1
10.2
9.3
8.7
8.3
9.9
14.5
15.7
9.6
12.6
8.3
D
Unemployment
Ch06_025_D
Data » Tell
Conditional Formatting
Format as Table ✓
Cell Styles
N
E
Transcribed Image Text:Home F17 2222 Paste 29 30 31 1 Metropolitan area 2 Washington, D.C. 3 Seattle 4 Baltimore 5 6 7 San Francisco 8 San Diego 9 Sacramento 10 Los Angeles 11 Chicago 12 Philadelphia 13 Minneapolis 14 New York 15 Atlanta 16 Dallas 17 Phoenix 18 Portland 19 Cincinnati 20 Houston 21 Columbus 22 St. Louis 23 Miami 24 Detroit 25 Cleveland 26 Tampa 27 Pittsburgh 28 32 22 Boston Denver Insert Draw Page Layout A. Font 16 AutoSave OFF A x Debt 1285 1135 1133 1133 1104 1098 1076 1045 1024 1017 1011 1011 989 986 970 957 948 920 889 888 886 867 832 812 791 763 fx B Alignment Income 103.5 81.7 82.2 89.5 75.9 93.4 75.5 73.1 68.2 75.1 78.3 84 78.3 71.8 68.3 66.6 71.2 69.5 65.1 68.6 68.3 C 60.2 69.8 64.8 59.4 63 2 C Formulas %* Number 6.3 8.5 8.1 7.6 8.1 9.3 10.6 12.4 *** 12.9 9.7 9.2 7 9.3 10.3 8.4 9.1 10.2 9.3 8.7 8.3 9.9 14.5 15.7 9.6 12.6 8.3 D Unemployment Ch06_025_D Data » Tell Conditional Formatting Format as Table ✓ Cell Styles N E
The accompanying data file shows the average monthly debt payments
(Debt in $) for residents of 26 metropolitan areas.
Click here for the Excel Data File
a. Calculate the mean and standard deviation for debt payments.
Note: Round your final answers to 2 decimal places.
Sample mean
Sample standard deviation
b. Construct the 90% and the 95% confidence intervals for the
population mean for debt payments.
Note: Round your final answers to 2 decimal places.
Confidence Interval
Confidence Level
90%
95%
to
to
Transcribed Image Text:The accompanying data file shows the average monthly debt payments (Debt in $) for residents of 26 metropolitan areas. Click here for the Excel Data File a. Calculate the mean and standard deviation for debt payments. Note: Round your final answers to 2 decimal places. Sample mean Sample standard deviation b. Construct the 90% and the 95% confidence intervals for the population mean for debt payments. Note: Round your final answers to 2 decimal places. Confidence Interval Confidence Level 90% 95% to to
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