EP BASIC BUS.STATS-ACCESS (18 WEEKS)
EP BASIC BUS.STATS-ACCESS (18 WEEKS)
14th Edition
ISBN: 9780135989005
Author: BERENSON
Publisher: PEARSON CO
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Chapter 7, Problem 10PS

According to the National Survey of Student Engagement, the average spends about 15 hours each week preparing for classes; preparation for classes includes homework, reading and any other assignments.

Assume the standard deviation of time spent preparing for classes is 4 hours. If you select a random sample of 16 students,

a. what is the probability that the mean time spent preparing for classes is at least 14 hours per week?

b. there is an 85 % chance that the sample mean is less than how many hours per week?

c. What assumption must you make in order to solve (a) and (b)?

d. If you select a random sample of 64 students, there is an 85 % chance that the sample mean is less than how many hours per week?

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亚 ח Variables Name avgdr employ educ exerany Label AVG ALCOHOLIC DRINKS PER DAY IN PAST 30 EMPLOYMENT STATUS EDUCATION LEVEL EXERCISE IN PAST 30 DAYS
Variables Name wage hours IQ KWW educ exper tenure age married black south urban sibs brthord meduc feduc Label monthly earnings average weekly hours IQ score knowledge of world work score years of education years of work experience years with current employer age in years =1 if married =1 if black =1 if live in south =1 if live in SMSA number of siblings birth order mother's education father's education
Information for questions 4 • • Please Download "wages" from Canvas (the link to this dataset is right below the HWA1 questions - it is a Microsoft excel worksheet) and store it in your favorite folder. It contains 797 observations and 16 variables. The "state" variable gives the names of the states involved in this dataset. • You need to have excel on your computer to open this dataset. i. You should use File > Import > Excel Spreadsheet etc. as done in class 3 convert this file into a Stata dataset. Once you are done, write the final STATA code that makes the transformation of an excel file to a STATA file possible. ii. Write a code that will close the log file that has been open since Question 1 part ii.

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EP BASIC BUS.STATS-ACCESS (18 WEEKS)

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