The following observations are lifetimes (days) subsequent to diagnosis for individuals suffering from blood cancer. 115 182 256 419 442 462 516 739 744 789 808 865 924 984 1026 1062 1063 1165 1192 1222 1222 1251 1277 1603 1291 1358 1369 1409 1455 1479 1519 1578 1578 1599 1605 1696 1736 1799 1815 1853 1899 1925 1966 (a) Can a confidence interval for true average lifetime be calculated without assuming anything about the nature of the lifetime distribution? Explain your reasoning. [Note: A normal probability plot of the data exhibits a reasonably linear pattern O Yes, the range is sufficiently large enough for the confidence interval to be reasonable. Yes, the sample size is large enough for the confidence interval to be reasonable. O No, we need to assume that the population is normally distributed. O No, the sample size is not large enough for the confidence interval to be reasonable. O No, the range is not large enough for the confidence interval to be reasonable. (b) Calculate and interpret a confidence interval with a 99% confidence level for true average lifetime. [Hint: x = 1192.0 and s = 506.5.] (Round your answers to one decimal place.) Interpret the resulting interval. O we are 99% confident that this interval does not contain the true population mean. We are 99% confident that the true population mean lies below this interval. We are 99% confident that this interval contains the true population mean. O we are 99% confident that the true population mean lies above this interval.
Quadratic Equation
When it comes to the concept of polynomial equations, quadratic equations can be said to be a special case. What does solving a quadratic equation mean? We will understand the quadratics and their types once we are familiar with the polynomial equations and their types.
Demand and Supply Function
The concept of demand and supply is important for various factors. One of them is studying and evaluating the condition of an economy within a given period of time. The analysis or evaluation of the demand side factors are important for the suppliers to understand the consumer behavior. The evaluation of supply side factors is important for the consumers in order to understand that what kind of combination of goods or what kind of goods and services he or she should consume in order to maximize his utility and minimize the cost. Therefore, in microeconomics both of these concepts are extremely important in order to have an idea that what exactly is going on in the economy.
Please solve (b) & show the work needed for both (a) & (b), thanks!!
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