The monthly earnings of a group of business students are normally distributed with a standarddeviation of 545 dollars. A researcher wants to estimate the mean monthly earnings of all businessstudents. Find the sample size needed to have a confidence level of 95% and a margin of error of 128dollars.O a. 2O b. 5O c. 61Od 70

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Answered: The monthly earnings of a group of…

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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A team of ten (10) construction workers who are working on a project are classified according to the skill levels, Classes A to D. The table below shows the number of workers in each of the four (4) classes and their respective hourly pay-rate. Pay-rate (Rands/hour) Number of workers Class A 80 Class B 60 Class C 55 Class D 50 4. Calculate the mean hourly pay-rate for the 10 workers. A. R24.50/hour B. R57/hour C. R57.50/hour D. R61.75/hour
You want to buy a washing machine, and a salesperson tells you that the mean repair costs for Model A and Model B are equal. You research the repair costs. The mean repair cost of 29 Model A washing machines is $211. Assume the population standard deviation is $15. The mean repair cost of 26 Model B washing machines is $216. Assume the population standard deviation is $25. At a = 0.01, can you reject the salesperson's claim? Assume the samples are random and independent, and the populations are normally distributed. Complete parts (a) through (e). O A The mean repair cost for Model A is greater than Model B B. The mean repair costs for Model A and Model B are equal. O C. The mean repair cost for Model A is less than Model B O D. The mean repair costs for Model A and Model B are different. Let u, be the mean repair cost for Model A and let u, be the mean repair cost for Model B. What are Ho and H,? O B. Ho: H1 =H2 Hai H1 # H2 O E. Ho: H1 # H2 OC. Ho: H1 SH2 Hai H1>H2 OF. Ho: H1ZH2 Ha:…
4. The variance of a data set is 3410.56. Find the standard deviation for the data set. This ample of
After the pandemic hit and people were forced to spend more time indoors, there have been a suspicion among health professionals. that people are eating more and thus gaining weight. In 2018, the average weight of 192 pounds, and health experts want to know if that average weight of the American male has gone up during this pandemic. d. A sample of 50 American males yeilded a sample average weight of 195 pounds and a sample standard deviation of 14.5 pounds. What is your conclusion at the 5% level of significance? (be sure to state your conclusion in the context of this problem) e. Would your conclusion change if the level of significance were changed to 1%? Briefly explain.
Consider a set of data in which the sample mean is 27 and the sample standard deviation is 6.2. Calculate the z-score given that x = 28.5. Round your answer to two decimal places. An
The monthly earnings of a group of business students are normally distributed with a standard deviation of 478 dollars. A researcher wants to estimate the mean monthly earnings of all business students. Find the sample size needed to have a confidence level of 91% and a margin of error of 125 dollars. O a. 56 O b. 43 O c. 46 O d. 64
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The average speed of 64 random cars traveling on a certain highway was 80 km/h and the sample standard deviation was 20 km/h. What is the margin of error with a 98% level of confidence for the population average speed? Select one: а. 1.295 b. 2.387 C. 6.64 d. 3.2375 е. 2.656 f. 5.9675
The mean cholesterol level for females in a population is 200 with a standard deviation of 25. Samples of size 64 are drawn from the population. A. What is the mean of the sample means? B. What is the standard error of the sample means?
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A survey finds that the prices paid for two-year-old Ford Fusion cars are normally distributed with a mean of $17,500.00 and a standard deviation of $500.00. Consider a sample of 10,000 people who bought two-year-old Ford Fusions. 6800 of the people who bought two-year old Ford Fusions spends between $ .00 and $ .00 How many people spends less than $17,000.00 people. How many people spends more than $19,000.00 people (Note this question has to do with the empirical rule and the symmetric nature of the normal distribution)
Analysts of traffic control systems believe that the average speed of heavy vehicles on highways has decreased after passing an ordinance of high penalty to regulate over speeding. The average speed for a random selection of 36 trucks was found to be 55 mph with a standard deviation of 5 mph. The speed before the ordinance was passed was an average of up to 57 mph on these highways.Compute the value of the test statistic. Group of answer choices 0.40 -0.40 2.40 -5.37 -2.40

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