EBK BUSINESS STATISTICS
EBK BUSINESS STATISTICS
8th Edition
ISBN: 9780135179833
Author: STEPHAN
Publisher: VST
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A simple random sample of 40 items resulted in a sample mean of 25. The population standard deviation is 5. a. What is the standard error of the mean (to 2 decimals)?  b. At 95% confidence, what is the margin of error (to 2 decimals)?
mean trough level of the population to be 3.7 micrograms/mL. The researcher conducts a study among 93 newly diagnosed arthritis patients and finds the mean trough to be 4.1 micrograms/mL with a standard deviation of 2.4 micrograms/mL. The researcher wants to test at the 5% level of significance if the trough is different than previously reported or not. Z statistics will be used.  Complete Step 5 of hypothesis testing: Conclusion. State whether or not you would reject the null hypothesis and why. Also interpret what this means (i.e. is the mean trough different from 3.7 or no
30% of all college students major in STEM (Science, Technology, Engineering, and Math). If 48 college students are randomly selected, find the probability thata. Exactly 12 of them major in STEM. b. At most 17 of them major in STEM. c. At least 12 of them major in STEM. d. Between 9 and 13 (including 9 and 13) of them major in STEM.
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