We have N=100 claims for dental work. We choose n=10 claims to evaluate our billing. Weknow, or believe, that claims are normally distributed.µ = $272We know thato = $53.2and from our sample we calculate $277.a)What is the best estimate of u ?b)Find the probability that $277What important point about your data did you have to take into consideration? (You onlyc)need a one or two sentence answer here). The County Development Agency does a survey of all the mobile home manufacturers in ClarionCounty and takes a sample of 25 homes. They find:n= 25x = $13,550o = $2,000Find the 95% confidence interval for the local mobile home prices.

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Description: We have N=100 claims for dental work. We choose n=10 claims to evaluate our billing. Weknow, or believe, that claims are normally distributed.µ = $272We know thato = $53.2and from our sample we calculate $277.a)What is the best estimate of u ?b)Find

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The County Development Agency does a survey of all the mobile home manufacturers in Clarion County and takes a sample of 25 homes. They find: n=25 x = $13,550 o = $2,000 a) Find the 95% confidence interval for the local mobile home prices.

The County Development Agency does a survey of all the mobile home manufacturers in Clarion County and takes a sample of 25 homes. They find: n=25 x = $13,550 o = $2,000 a) Find the 95% confidence interval for the local mobile home prices.

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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