to determine if students were likely to be able to pay theiruniversity loans, we could examine the contents of their bank accounts. For these students, their total cash assets are assumed to be the sum of the amounts in their savings andchekcing accounts. For this exercise, we have both the entire populationofdata, anda sample taken from that population. A. in this part, assume the population standard deviation is known, but the population mean is not. The 80% confidence interval for the mean total student cashassets is The 85% confidence interval for the mean total student cashassets is B. in this part, assume the populationstandarddeviation is NOT known( and neither is the population mean). The 90% confidence interval for the mean total student cash assets is The 80% confidence interval for the mean total student cash assets is C. compare the confidence intervals when assuming the population standarddeviation is known and is unknown. The 80% confidence interval assuming the population standard deviation is known is (Wider/Narrower) than the 80% confidence interval assuming the population standard deviation is unknown.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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Population Credit Risk data
Checking Savings
0 739
0 1230
0 389
638 347
963 4754
2827 0
0 229
0 533
6509 493
966 0
0 989
0 3305
322 578
0 821
396 228
0 129
652 732
708 683
207 0
287 12348
0 17545
101 3871
0 0
0 485
0 10723
141 245
0 0
2484 0
237 236
0 485
335 1708
3565 0
0 407
16647 895
0 150
0 490
0 162
940 715
0 323
0 128
218 0
0 109
16935 189
664 537
150 6520
0 138
216 0
0 660
0 724
0 897
265 947
4256 0
870 917
162 595
0 789
0 0
0 746
461 140
0 659
0 717
0 667
580 0
0 763
0 1366
0 552
0 14643
758 2665
399 0
513 442
0 8357
0 0
565 863
0 322
0 800
0 656
166 922
9783 885
674 2886
0 626
15328 0
0 904
713 784
0 806
0 3281
0 759
0 680
0 104
303 899
900 1732
0 706
1257 0
0 576
273 904
522 194
0 710
0 5564
0 192
0 637
514 405
457 318
5133 698
0 369
644 0
305 492
9621 308
0 127
0 565
0 12632
0 116
0 178
6851 901
13496 650
509 241
0 609
19155 131
0 544
0 10853
374 0
0 409
828 391
0 322
829 583
0 12242
0 479
939 496
0 466
889 1583
876 1533
893 0
12760 4873
0 0
0 717
959 7876
0 4449
0 0
0 104
0 897
698 4033
0 945
0 836
0 325
12974 19568
0 803
317 10980
0 265
0 609
0 1851
192 199
0 500
0 509
0 270
0 457
0 260
942 3036
0 643
3329 0
0 6345
0 922
0 909
0 775
0 979
0 948
339 2790
0 309
0 762
0 970
105 320
0 861
216 262
113 692
109 540
0 470
0 192
8176 12230
0 772
468 14186
7885 6330
0 18716
0 886
0 750
0 3870
0 3273
0 406
0 461
0 340
0 6490
734 348
0 506
0 14717
172 0
644 1571
0 0
617 411
0 544
586 0
0 835
0 823
0 5180
0 408
0 821
522 385
585 2223
5588 0
0 605
352 7525
0 3529
2715 1435
560 887
895 243
305 4553
0 418
0 771
0 463
8948 110
0 10099
0 13428
0 208
0 552
0 3105
483 415
0 1238
0 238
0 127
663 0
624 785
0 718
0 493
152 757
0 9125
0 364
498 598
0 374
156 0
1336 0
0 508
0 956
0 636
2641 0
0 1519
0 922
0 180
0 701
0 296
887 519
0 800
0 736
0 11838
0 364
18408 212
497 888
0 999
946 0
986 578
8122 136
0 734
778 861
645 855
0 4486
682 2017
19812 0
0 500
0 859
859 3305
0 1218
0 9016
0 11587
0 8944
0 807
0 867
795 16804
0 347
0 836
0 142
0 169
852 3613
0 403
0 836
425 0
0 11481
0 3285
0 164
11072 891
0 0
219 841
8060 607
0 486
0 108
0 0
0 113
1613 0
757 208
0 603
0 343
977 463
197 0
0 299
0 490
0 6628
0 859
0 750
256 954
296 591
0 13970
0 857
0 5857
298 3326
0 726
8636 214
0 207
0 713
19766 2141
0 483
0 127
0 367
0 813
4089 0
0 102
271 759
949 0
0 503
911 823
0 693
0 973
0 648
0 523
271 7090
0 596
0 904
0 541
0 154
4802 0
177 0
0 337
0 716
996 837
705 0
0 7710
0 531
5960 129
0 941
759 596
0 987
651 0
257 460
955 0
0 798
8249 0
0 959
956 1482
382 883
0 12721
842 0
3111 0
0 302
0 538
2846 0
231 702
0 2688
17366 0
0 425
332 214
242 0
0 272
929 124
0 17124
0 612
0 862
0 146
0 14190
0 396
0 519
646 0
538 344
0 204
0 148
0 435
0 914
135 0
2472 0
0 412
10417 19811
211 822
16630 0
0 3369
642 0
0 707
296 818
898 177
478 4071
315 466
122 460
0 991
0 17653
0 497
670 4014
444 921
3880 0
819 0
0 607
0 15800
0 369
0 4973
0 0
0 761
0 471
0 674
0 547
161 524
0 815
0 0
789 989
765 10406
0 957
0 770
983 950
0 160
0 276
798 137
0 579
193 2684
497 0
0 0
0 0
0 712
0 912

 

Sample Credit risk data

Checking Savings
0 798
795 16804
256 954
352 7525
0 142
305 492
0 862
0 659
0 771
0 403
0 164
257 460
778 861
0 150
0 859
0 1519
0 14717
852 3613
0 807
0 523
|to determine if students were likely to be able to pay theiruniversity loans, we could examine the contents of their bank accounts.
For these students, their total cash assets are assumed to be the sum of the amounts in their savings andchekcing accounts.
For this exercise, we have both the entire populationofdata, anda sample taken from that population.
A. in this part, assume the population standard deviation is known, but the population mean is not.
The 80% confidence interval for the mean total student cashassets is
The 85% confidence interval for the mean total student cashassets is
B. in this part, assume the populationstandarddeviation is NOT known( and neither is the population mean).
The 90% confidence interval for the mean total student cash assets is
The 80% confidence interval for the mean total student cash assets is
C. compare the confidence intervals when assuming the population standarddeviation is known and is unknown.
The 80% confidence interval assuming the population standard deviation is known is (Wider/Narrower)
than the 80% confidence interval assuming the population standard deviation is unknown.
Transcribed Image Text:|to determine if students were likely to be able to pay theiruniversity loans, we could examine the contents of their bank accounts. For these students, their total cash assets are assumed to be the sum of the amounts in their savings andchekcing accounts. For this exercise, we have both the entire populationofdata, anda sample taken from that population. A. in this part, assume the population standard deviation is known, but the population mean is not. The 80% confidence interval for the mean total student cashassets is The 85% confidence interval for the mean total student cashassets is B. in this part, assume the populationstandarddeviation is NOT known( and neither is the population mean). The 90% confidence interval for the mean total student cash assets is The 80% confidence interval for the mean total student cash assets is C. compare the confidence intervals when assuming the population standarddeviation is known and is unknown. The 80% confidence interval assuming the population standard deviation is known is (Wider/Narrower) than the 80% confidence interval assuming the population standard deviation is unknown.
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