To estimate the monthly income of a household in Barangay San Miguel a random sample of 15 households were selected and asked about their combined income. Their mean monthly income is Php 57,250. According to previous surveys, the income standard deviation of all households from this barangay is Php13,116. Use this information to match the left column to their corresponding answers in the right. Prompts Submitted Answers What distribution will be used to estimate Choose a match the population mean? What is the best point estimate? Choose a match What is the margin of error Choose a match at 95% confidence level? What is the interval estimate Choose a match at 95% confidence?
To estimate the monthly income of a household in Barangay San Miguel a random sample of 15 households were selected and asked about their combined income. Their mean monthly income is Php 57,250. According to previous surveys, the income standard deviation of all households from this barangay is Php13,116. Use this information to match the left column to their corresponding answers in the right. Prompts Submitted Answers What distribution will be used to estimate Choose a match the population mean? What is the best point estimate? Choose a match What is the margin of error Choose a match at 95% confidence level? What is the interval estimate Choose a match at 95% confidence?
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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Transcribed Image Text:To estimate the monthly income of a household in Barangay San Miguel a random sample
of 15 households were selected and asked about their combined income. Their mean monthly
income is Php 57,250. According to previous surveys, the income standard deviation of all
households from this barangay is Php13,116. Use this information to match the left column
to their corresponding answers in the right.
Prompts
Submitted Answers
What distribution will be used to estimate
Choose a match
the population mean?
What is the best point estimate?
Choose a match
What is the margin of error
Choose a match
at 95% confidence level?
What is the interval estimate
Choose a match
at 95% confidence?
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