Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
6th Edition
ISBN: 9781337115186
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
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Estimation
A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.
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Chapter 21.4, Problem 1E

Simple random sampling was used to obtain a sample of n = 50 elements from a population of N = 800. The sample mean was x ¯ = 215 , and the sample standard deviation was found to be s = 20.

  1. a. Estimate the population mean.
  2. b. Estimate the standard error of the mean.
  3. c. Develop an approximate 95% confidence interval for the population mean.
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Chapter 21 Solutions

Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)

Ch. 21.4 - 1. Simple random sampling was used to obtain a...Ch. 21.4 - Prob. 2ECh. 21.4 - Prob. 3ECh. 21.4 - Prob. 4ECh. 21.4 - Prob. 5ECh. 21.4 - Prob. 6ECh. 21.5 - 7. A stratified simple random sample was taken...Ch. 21.5 - Prob. 8ECh. 21.5 - Prob. 9ECh. 21.5 - 10. A population was divided into three strata...
Ch. 21.5 - Prob. 11ECh. 21.5 - Prob. 12ECh. 21.5 - Prob. 13ECh. 21.6 - Prob. 14ECh. 21.6 - 15. A sample of six clusters is to be taken from a...Ch. 21.6 - Prob. 16ECh. 21.6 - Prob. 17ECh. 21 - Prob. 18SECh. 21 - Prob. 19SECh. 21 - Prob. 20SECh. 21 - Prob. 21SECh. 21 - Prob. 22SECh. 21 - Prob. 23SECh. 21 - 24. A public agency is interested in learning more...
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