In a survey of 24 people, it was found that an average of $45 was spent on their child's last birthday giftwith a standard deviation of $18. Estimate the mean amount people spent on their child's last birthday giftwith 95% confidence. Round your answers to three decimal places, and use four decimal places for anyinterim calculations.Hint: Make sure you round your answer to three decimal places.We are 95% confident that the interval (amount spent on their child's last birthday gift.contains the true population mean μ

Given that, Sample size (n) = 24 Sample mean (x¯) = $45 Sample std. dev. (s) = $18 Confidence level…

Answered: with a standard deviation of $18.…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Solve d please
The average driver spends $54 at the gas station each week with a standard deviation of $8. Assuming that the amount a driver spends on gas follows a normal distribution, solve for the percentage of drivers who spend: 1. More than $40? 2. Less than $30? 3. Between $30 and $40
You want to know the percentage of utility companies that earned revenue greater than 94 million dollars. If the mean revenue was 60 million dollars and the data has a standard deviation of 15 million, find the percentage. Assume that the distribution is normal. Round your answer to the nearest hundredth.
Solve the problem. Round to the nearest tenth. min one region, the September energy consumption levels for single family homes are found to be normally distributed with a mean of 1050 kWh and a standard deviation of 218 kWh. Find which is the consumption level separating the bottom 45% from the top 55%.
The amount of caffeine in a sample of five-ounce servings of brewed coffee is shown in the histogram. Make a frequency distribution for the data. Then use the table to estimate the sample mean and the sample standard deviation of the data set. Click the icon to view the histogram. Complete the table. Round values to the nearest tenth as needed. Graph/chart f Midpoint x xf 70.5 Ay 30- 92.5 26 25- 114.5 136.5 20- 158.5 15- 12 Ef = Exf = 10- Find the mean of the data set. 5- X = (Round to the nearest tenth as needed.) 48.5 70.5 92.5 114.5 136.5 158.5 Complete the table. Round values to the nearest tenth as needed. Midpoint x (x-x)? (x-x)?f X-X 70.5 Print Done 92.5 114.5 136.5 158.5 (x-x)?r= ] of
Please answer B, C, & D.
for the data shown, answer the questions, round to 2 decimal places, 10.9,12.5,29.8,19.3,19.7,23.3,2.8,29.2,23.5. find the mean, median and the standard deviation.
The IRS claims it takes an average of 3.7 hours to complete a 1040 tax form. Assume the time t the form is normally distributed with a standard deviation of 15 minutes or 0.25 hours. complete Use the Cumulative Z-Score Table to answer the following questions. Write your answer as a percent using 2 decimal places. What percent of people would you expect to complete the form in less than 3.45 hours? What percent of people would you expect to complete the form-in more than 3.45 hours? What percent of people would you expect to complete the form in less than 3.4 hours? What percent of people would you expect to complete the form in more than 3.4 hours? What percent of people would you expect to complete the form between 3.4 and 3.45 hours?
The tourist bureau of the Caribbean Islands surveyed a sample of 5 United States tourists as they left to return home. The tourists were asked how many days they spent on their visits. Their responses were as follows. 9, 10, 8, 4, 9 Send data to calculator Find the standard deviation of this sample of numbers. Round your answer to two decimal places. X
Can someone please help? Thank you.
The distances golf balls travel under laboratory testing conditions are normally distributed. The mean is 312 yards. The probability the golf ball travels further than 319 yards is 0.28. Find the probability a randomly selected golf ball travels between 305 yards and 319 yards. Express the answer as a decimal value rounded to the nearest hundredth.

Recommended textbooks for you

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

MATLAB: An Introduction with Applications

Statistics

ISBN:

9781119256830

Author:

Amos Gilat

Publisher:

John Wiley & Sons Inc

Probability and Statistics for Engineering and th…

Statistics

ISBN:

9781305251809

Author:

Jay L. Devore

Publisher:

Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…

Statistics

ISBN:

9781305504912

Author:

Frederick J Gravetter, Larry B. Wallnau

Publisher:

Cengage Learning

Elementary Statistics: Picturing the World (7th E…

Statistics

ISBN:

9780134683416

Author:

Ron Larson, Betsy Farber

Publisher:

PEARSON

The Basic Practice of Statistics

Statistics

ISBN:

9781319042578

Author:

David S. Moore, William I. Notz, Michael A. Fligner

Publisher:

W. H. Freeman

Introduction to the Practice of Statistics

Statistics

ISBN:

9781319013387

Author:

David S. Moore, George P. McCabe, Bruce A. Craig

Publisher:

W. H. Freeman

SEE MORE TEXTBOOKS

with a standard deviation of $18. Estimate the mean amount people spent on their child's last birthday gift with 95% confidence. Round your answers to three decimal places, and use four decimal places for any interim calculations.