The monthly starting salaries of students who receive an MBA degree have a population standard deviation of $1300. What sample size should be selected to obtain a .90 probability of estimating the population mean monthly income within a margin of $100? [samplesize]
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- Use the magnitudes (Richter scale) of the 120 earthquakes listed in the accompanying data table. Use technology to find the range, variance, and standard deviation. If another value, 8.00, is added to those listed in the data set, do the measures of variation change much? 3.272.452.542.432.752.372.192.421.911.432.851.731.992.322.332.704.742.873.382.722.833.423.952.993.873.473.082.942.703.602.842.373.033.232.593.643.242.662.352.432.813.952.522.922.983.412.272.562.933.162.201.151.934.002.542.832.352.311.522.801.951.602.452.332.081.553.201.491.812.551.662.352.452.082.192.752.002.792.392.671.692.881.841.991.862.561.972.183.671.553.162.461.881.502.793.283.822.752.452.712.541.642.183.032.361.481.922.322.651.411.391.802.242.302.481.732.402.442.482.44Does the sample size ? affect the standard deviation of all possible samplemeans? Explain your answer.A company selling a new type of laptop battery advertises that it has a méan lifetime of 5 years. If you were in charge of quality control at the factory, which one of the following standard deviations of battery life spans would you prefer? 2 months. O 2 years O 5 years 27
- A sample consists of the following N scores 1,9,8,5,7 calculate the standard deviationIn a statistics class, 10 scores were randomly selected with the following results (mean = 71.5): 74, 73, 77, 77, 71, 68, 65, 77, 67, 66 What is the standard deviation?A. What is the standard deviation of this population? (2, 3, 6, 8, 11) B. What is the standard deviation of this sample? (3, 4, 5, 7, 8, 8, 9, 12)
- find the sample variance and standard deviation 20, 10, 2, 06, 08According to the Carnegie unit system, the recommended number of hours students should study per unit is 2. Are statistics students' study hours different from the recommended number of hours per unit? The data show the results of a survey of 16 statistics students who were asked how many hours per unit they studied. Assume a normal distribution for the population. 1.5, 2, 2.9, 3.8, 4.6, 1.1, 1.8, 2.6, 1.4, 2.8, 4.5, 1.2, 1, 0.7, 3, 1.2 What can be concluded at the αα = 0.05 level of significance? For this study, we should use Select an answer t-test for a population mean z-test for a population proportion The null and alternative hypotheses would be: H0:H0: ? μ p Select an answer < ≠ = > H1:H1: ? p μ Select an answer < ≠ = > The test statistic ? z t = (please show your answer to 3 decimal places.) The p-value = (Please show your answer to 4 decimal places.) The p-value is ? > ≤ αα Based on this, we should Select an answer reject fail to…According to Chebyshev's Rule, at least what percent of observations must be within 2.5 standard deviations from the mean? [a]%
- According to the Carnegie unit system, the recommended number of hours students should study per unit is 2. Are statistics students' study hours less than the recommended number of hours per unit? The data show the results of a survey of 11 statistics students who were asked how many hours per unit they studied. Assume a normal distribution for the population. 3.2, 0, 0, 0, 3.2, 3.2, 1.1, 0.8, 0.5, 1.3, 3.5 What can be concluded at the a = 0.05 level of significance? a. For this study, we should use b. The null and alternative hypotheses would be: Select an answer Ho: Select an answer O H1: Select an answer O c. The test statistic ? 0 = (please show your answer to 3 decimal places.) d. The p-value = (Please show your answer to 4 decimal places.) e. The p-value is ? e a f. Based on this, we should Select an answer e the null hypothesis. g. Thus, the final conclusion is that ... The data suggest the populaton mean is significantly less than 2 at a = 0.05, so there is sufficient evidence…z Scores LeBron James, one of the most successful basketball players of all time, has a height of 6 feet 8 inches, or 203 cm. Based on statistics from Data Set 1 “Body Data” in Appendix B, his height converts to the z score of 4.07. How many standard deviations is his height above the mean?Find the standard deviation (rounded to the nearest unit) for the data indicated. clients Date No. of Clients Oct. 23 12 Oct. 24 9 Oct. 25 11 Oct. 26 15 Oct. 27 11 Oct. 28 8