The trade union of Sekhukhune University wanted to know the average wage of all workers of the university before entering into salary negotiations for 2020. Suppose the wages of all employees are normally distributed. A random sample of 64 employees was selected and had an average of R22 700 per month with a standard deviation of R3 200 per month. Construct a 95% confidence interval for the population average and interpret the results.
The trade union of Sekhukhune University wanted to know the average wage of all workers of the university before entering into salary negotiations for 2020. Suppose the wages of all employees are normally distributed. A random sample of 64 employees was selected and had an average of R22 700 per month with a standard deviation of R3 200 per month. Construct a 95% confidence interval for the population average and interpret the results.
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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1.1 The trade union of Sekhukhune University wanted to know the average wage of all workers of the university before entering into salary negotiations for 2020. Suppose the wages of all employees are normally distributed. A random sample of 64 employees was selected and had an average of R22 700 per month with a standard deviation of R3 200 per month. Construct a 95% confidence interval for the population average and interpret the results. (5)
1.2 The revenues of a sample of 15 spaza shops were recorded for the period of March 2020. The calculated sample variance was R897. Construct the 99% confidence interval for the population variance. (5)
1.3 The Minister of Labour would like to know the proportion of employed people who qualify to receive COVID-19 Relief Fund in Mamelodi at a 90% confidence with an estimation error of ±0.98%. A preliminary survey of 100 conducted in Mamelodi revealed that 65% qualify for COVID-19 Relief Fund. What sample size would be required to estimate the population proportion of those who qualify for COVID-19 Relief Fund in Mamelodi? (3)
1.4 The Quality Control Manager wants to estimate the mean life of light bulbs to within ±20 hours with 95% confidence. Assuming that the standard deviation is 98 hours, how many light bulbs need to be selected? (3)
Question 2 [6]
2.1 A manager claims that fewer than 65% of employees will qualify for performance bonus this year. From a representative sample of 40 employees, 57.5% qualify for performance bonus. Test the manager’s claim at a 1% level of significance. (6)
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