Intro Stats, Books a la Carte Edition (5th Edition)
5th Edition
ISBN: 9780134210285
Author: Richard D. De Veaux, Paul Velleman, David E. Bock
Publisher: PEARSON
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Chapter 14, Problem 44E
CEO compensation The total compensation of the chief executive officers (CEOs) of the 800 largest U.S. companies (the Fortune 800) averaged (in thousands of dollars) 10,307.31 with a standard deviation (also in $1000) of 17,964.62. Here is a histogram of their annual compensations (in $1000):
- a) Describe the histogram of Total Compensation. A research organization simulated sample means by drawing samples of 30, 50, 100, and 200, with replacement, from the 800 CEOs. The histograms show the distributions of means for many samples of each size.
- b) Explain how these histograms demonstrate what the Central Limit Theorem says about the sampling distribution model for sample means. Be sure to talk about shape, center, and spread.
- c) Comment on the “rule of thumb” that “With a
sample size of at least 30, the sampling distribution of themean is Normal.”
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9.2 Testing the Mean mu:
Problem 3
(1 point)
Test the claim that the population of sophomore college
students has a mean grade point average greater than 2.2.
Sample statistics include n = 71, x = 2.44, and s = 0.9.
Use a significance level of a = 0.01.
The test statistic is
The P-Value is between :
The final conclusion is
< P-value <
A. There is sufficient evidence to support the claim that
the mean grade point average is greater than 2.2.
○ B. There is not sufficient evidence to support the claim
that the mean grade point average is greater than 2.2.
Note: You can earn partial credit on this problem.
Note: You are in the Reduced Scoring Period. All work counts for
50% of the original.
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Chapter 14 Solutions
Intro Stats, Books a la Carte Edition (5th Edition)
Ch. 14.2 - Every 10 years, the United States takes a census....Ch. 14.2 - Prob. 2JCCh. 14.2 - Prob. 3JCCh. 14.2 - Every 10 years, the United States takes a census....Ch. 14.2 - Prob. 5JCCh. 14.3 - Prob. 6JCCh. 14 - Salmon A specialty food company sells whole King...Ch. 14 - LSAT The LSAT (a test taken for law school...Ch. 14 - Prob. 3ECh. 14 - Prob. 4E
Ch. 14 - More tips The waiter in Exercise 3 usually waits...Ch. 14 - More groceries Suppose the store in Exercise 4 had...Ch. 14 - Prob. 7ECh. 14 - t-models, part II Using the t tables, software, or...Ch. 14 - t-models, part III Describe how the shape, center,...Ch. 14 - Prob. 10ECh. 14 - Prob. 11ECh. 14 - Home sales again In the previous exercise, you...Ch. 14 - Prob. 13ECh. 14 - Salaries A survey finds that a 95% confidence...Ch. 14 - Cattle Livestock are given a special feed...Ch. 14 - Prob. 16ECh. 14 - Prob. 17ECh. 14 - Student survey revisited Chapter 2, Exercise 86...Ch. 14 - Prob. 19ECh. 14 - Prob. 20ECh. 14 - Meal plan After surveying students at Dartmouth...Ch. 14 - Prob. 22ECh. 14 - Prob. 23ECh. 14 - Crawling Data collected by child development...Ch. 14 - Prob. 25ECh. 14 - Credit card charges A credit card company takes a...Ch. 14 - Prob. 27ECh. 14 - Pulse rates In the latest National Health and...Ch. 14 - Prob. 29ECh. 14 - Parking Hoping to lure more shoppers downtown, a...Ch. 14 - Prob. 31ECh. 14 - Prob. 32ECh. 14 - Speed of light In 1882, Michelson measured the...Ch. 14 - Michelson After his first attempt to determine the...Ch. 14 - Prob. 35ECh. 14 - Prob. 36ECh. 14 - Prob. 37ECh. 14 - Hot dogs A nutrition lab tested 40 hot dogs to see...Ch. 14 - Prob. 39ECh. 14 - Prob. 40ECh. 14 - Prob. 41ECh. 14 - Computer lab fees The technology committee has...Ch. 14 - Prob. 43ECh. 14 - CEO compensation The total compensation of the...Ch. 14 - Prob. 45ECh. 14 - CEOs, revisited In Exercise 44, you looked at the...Ch. 14 - GPAs A colleges data about the incoming freshmen...Ch. 14 - Prob. 48ECh. 14 - Lucky spot? A reporter working on a story about...Ch. 14 - Prob. 50ECh. 14 - Pregnancy Assume that the duration of human...Ch. 14 - Rainfall Statistics from Cornells Northeast...Ch. 14 - Prob. 53ECh. 14 - Prob. 54ECh. 14 - Prob. 55ECh. 14 - Doritos Some students checked 6 bags of Doritos...Ch. 14 - Prob. 57ECh. 14 - Prob. 58ECh. 14 - Chips Ahoy! In 1998, as an advertising campaign,...Ch. 14 - Yogurt Consumer Reports tested 11 brands of...Ch. 14 - Prob. 61ECh. 14 - Prob. 62ECh. 14 - Prob. 63ECh. 14 - Wind power Should you generate electricity with...
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