
Elementary Statistics: A Step By Step Approach
9th Edition
ISBN: 9780073534985
Author: Allan Bluman
Publisher: McGraw-Hill Science/Engineering/Math
expand_more
expand_more
format_list_bulleted
Question
Chapter 7, Problem 7.1.1RE
To determine
To construct: The 90% confidence interval for the true
Expert Solution & Answer

Answer to Problem 7.1.1RE
The 90% confidence interval for the true mean number of isotopes for all elements with isotopes is
Explanation of Solution
Given info:
30 samples of chemical elements were selected Mean is 19.63 and standard deviation is 18.73.
Calculation:
Confidence interval:
Software Procedure:
Step by step procedure to obtain the 90% confidence interval for the mean number of isotopes using the MINITAB software:
- Choose Stat > Basic Statistics > 1-Sample Z.
- In Summarized data, enter the
sample size as 30 and mean as 19.63. - In Standard deviation, enter a value for s as 18.73.
- Check Options, enter Confidence level as 90.0.
- Choose not equal in alternative.
- Click OK in all dialogue boxes.
Output using the MINITAB software is given below:
From the MINITAB output, the 90% confidence interval for the true mean number of isotopes for all elements with isotopes is
Want to see more full solutions like this?
Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
The managing director of a consulting group has the accompanying monthly data on total overhead costs and professional labor hours to bill to clients. Complete parts a through c.
Question content area bottom
Part 1
a. Develop a simple linear regression model between billable hours and overhead costs.
Overhead
Costsequals=212495.2212495.2plus+left parenthesis 42.4857 right parenthesis42.485742.4857times×Billable
Hours
(Round the constant to one decimal place as needed. Round the coefficient to four decimal places as needed. Do not include the $ symbol in your answers.)
Part 2
b. Interpret the coefficients of your regression model. Specifically, what does the fixed component of the model mean to the consulting firm?
Interpret the fixed term,
b 0b0,
if appropriate. Choose the correct answer below.
A.
The value of
b 0b0
is the predicted billable hours for an overhead cost of 0 dollars.
B.
It is not appropriate to interpret
b 0b0,
because its value…
Using the accompanying Home Market Value data and associated regression line,
Market ValueMarket Valueequals=$28,416+$37.066×Square
Feet, compute the errors associated with each observation using the formula
e Subscript ieiequals=Upper Y Subscript iYiminus−ModifyingAbove Upper Y with caret Subscript iYi
and construct a frequency distribution and histogram.
LOADING...
Click the icon to view the Home Market Value data.
Question content area bottom
Part 1
Construct a frequency distribution of the errors,
e Subscript iei.
(Type whole numbers.)
Error
Frequency
minus−15 comma 00015,000less than<
e Subscript iei
less than or equals≤minus−10 comma 00010,000
0
minus−10 comma 00010,000less than<
e Subscript iei
less than or equals≤minus−50005000
5
minus−50005000less than<
e Subscript iei
less than or equals≤0
21
0less than<
e Subscript iei
less than or equals≤50005000
9…
The managing director of a consulting group has the accompanying monthly data on total overhead costs and professional labor hours to bill to clients. Complete parts a through c
Overhead Costs Billable Hours345000 3000385000 4000410000 5000462000 6000530000 7000545000 8000
Chapter 7 Solutions
Elementary Statistics: A Step By Step Approach
Ch. 7.1 - What is the difference between a point estimate...Ch. 7.1 - What information is necessary to calculate a...Ch. 7.1 - What is the margin of error?Ch. 7.1 - What is meant by the 95% confidence interval of...Ch. 7.1 - What are three properties of a good estimator?Ch. 7.1 - What statistic best estimates ?Ch. 7.1 - Find each. a. z/2 for the 99% confidence interval...Ch. 7.1 - What is necessary to determine the sample size?Ch. 7.1 - Fuel Efficiency of Cars and Trucks Since 1975 the...Ch. 7.1 - Fast-Food Bills for Drive-Thru Customers A random...
Ch. 7.1 - Prob. 11ECh. 7.1 - Number of Jobs A sociologist found that in a...Ch. 7.1 - Number of Faculty The numbers of faculty at 32...Ch. 7.1 - Freshmen GPAs First-semester GPAs for a random...Ch. 7.1 - Carbohydrate Grams in Commercial Subs The number...Ch. 7.1 - Number of Farms A random sample of the number of...Ch. 7.1 - Prob. 17ECh. 7.1 - Day Care Tuition A random sample of 50...Ch. 7.1 - Hospital Noise Levels Noise levels at various area...Ch. 7.1 - Length of Growing Seasons The growing seasons for...Ch. 7.1 - Prob. 21ECh. 7.1 - Hospital Noise Levels In the hospital study cited...Ch. 7.1 - Prob. 23ECh. 7.1 - Cost of Pizzas A pizza shop owner wishes to find...Ch. 7.1 - Prob. 25ECh. 7.1 - Undergraduate GPAs It is desired to estimate the...Ch. 7.2 - Sport Drink Decision Assume you get a new job as a...Ch. 7.2 - What are the properties of the t distribution?Ch. 7.2 - What is meant by degrees of freedom?Ch. 7.2 - Find the values for each. a. t/2 and n = 18 for...Ch. 7.2 - When should the t distribution be used to find a...Ch. 7.2 - Prob. 5ECh. 7.2 - Prob. 6ECh. 7.2 - For Exercises 5 through 20, assume that all...Ch. 7.2 - For Exercises 5 through 20, assume that all...Ch. 7.2 - For Exercises 5 through 20, assume that all...Ch. 7.2 - For Exercises 5 through 20, assume that all...Ch. 7.2 - For Exercises 5 through 20, assume that all...Ch. 7.2 - Prob. 13ECh. 7.2 - For Exercises 5 through 20, assume that all...Ch. 7.2 - Prob. 15ECh. 7.2 - For Exercises 5 through 20, assume that all...Ch. 7.2 - For Exercises 5 through 20, assume that all...Ch. 7.2 - For Exercises 5 through 20, assume that all...Ch. 7.2 - For Exercises 5 through 20, assume that all...Ch. 7.2 - For Exercises 5 through 20, assume that all...Ch. 7.2 - Parking Meter Revenue A one-sided confidence...Ch. 7.3 - Contracting Influenza To answer the questions, use...Ch. 7.3 - In each case, find p and q. a. n = 80 and X = 40...Ch. 7.3 - Find p and q for each situation. a. n = 60 and X =...Ch. 7.3 - Prob. 3ECh. 7.3 - Prob. 4ECh. 7.3 - Prob. 5ECh. 7.3 - Belief in Haunted Places A random sample of 205...Ch. 7.3 - Prob. 7ECh. 7.3 - Travel to Outer Space A CBS News/New York Times...Ch. 7.3 - High School Graduates Who Take the SAT The...Ch. 7.3 - Educational Television In a random sample of 200...Ch. 7.3 - Prob. 11ECh. 7.3 - Students Who Major in Business It has been...Ch. 7.3 - Prob. 13ECh. 7.3 - Prob. 14ECh. 7.3 - Overseas Travel A researcher wishes to be 95%...Ch. 7.3 - Widows A recent study indicated that 29% of the...Ch. 7.3 - Direct Satellite Television It is believed that...Ch. 7.3 - Obesity Obesity is defined as a body mass index...Ch. 7.3 - Prob. 19ECh. 7.3 - Diet Habits A federal report indicated that 27% of...Ch. 7.3 - Gun Control If a random sample of 600 people is...Ch. 7.3 - Survey on Politics In a study, 68% of 1015...Ch. 7.4 - Ages of Presidents at the Time of Their Deaths...Ch. 7.4 - What distribution must be used when computing...Ch. 7.4 - What assumption must be made when computing...Ch. 7.4 - Using Table G, find the values for 2 left and 2...Ch. 7.4 - Lifetimes of Wristwatches Find the 90% confidence...Ch. 7.4 - Carbohydrates in Yogurt The number of...Ch. 7.4 - Carbon Monoxide Deaths A study of...Ch. 7.4 - Prob. 7ECh. 7.4 - Age of College Students Find the 90% confidence...Ch. 7.4 - Prob. 9ECh. 7.4 - Stock Prices A random sample of stock prices per...Ch. 7.4 - Prob. 11ECh. 7.4 - Home Ownership Rates The percentage rates of home...Ch. 7.4 - Calories in a Standard Size Candy Bar Estimate the...Ch. 7.4 - SAT Scores Estimate the variance in mean...Ch. 7.4 - Daily Cholesterol Intake The American Heart...Ch. 7.4 - Calculator Battery Lifetimes A confidence interval...Ch. 7 - Prob. 7.1.1RECh. 7 - Vacation Days A U.S. Travel Data Center survey...Ch. 7 - Prob. 7.1.3RECh. 7 - Shopping Survey A random sample of 49 shoppers...Ch. 7 - Lengths of Childrens Animated Films The lengths...Ch. 7 - Dog Bites to Postal Workers For a certain urban...Ch. 7 - Prob. 7.3.7RECh. 7 - Vacation Sites A U.S. Travel Data Centers survey...Ch. 7 - Prob. 7.3.9RECh. 7 - Adult Educational Activities A local county has a...Ch. 7 - Prob. 7.3.11RECh. 7 - Child Care Programs A study found that 73% of...Ch. 7 - Baseball Diameters The standard deviation of the...Ch. 7 - Cost of an Operation A medical researcher surveyed...Ch. 7 - Lifetimes of Snowmobiles A random sample of 15...Ch. 7 - Length of Childrens Animated Films Use the data...Ch. 7 - From the Data Bank choose a variable, find the...Ch. 7 - Repeat Exercise 1, using a different variable and...Ch. 7 - Repeat Exercise 1, using a proportion. For...Ch. 7 - From Data Set III in Appendix B, select a sample...Ch. 7 - From Data Set VI in Appendix B, select a sample of...Ch. 7 - Select a random sample of 20 of the record high...Ch. 7 - Determine whether each statement is true or false....Ch. 7 - Determine whether each statement is true or false....Ch. 7 - Determine whether each statement is true or false....Ch. 7 - Determine whether each statement is true or false....Ch. 7 - When a 99% confidence interval is calculated...Ch. 7 - The best point estimate of the population mean is...Ch. 7 - When the population standard deviation is unknown...Ch. 7 - Complete the following statements with the best...Ch. 7 - Complete the following statements with the best...Ch. 7 - Complete the following statements with the best...Ch. 7 - Complete the following statements with the best...Ch. 7 - Cost of Texts An irate student complained that the...Ch. 7 - Doctor Visit Costs An irate patient complained...Ch. 7 - Weights of Minivans The average weight of 40...Ch. 7 - Ages of Insurance Representatives In a study of 10...Ch. 7 - Prob. 16CQCh. 7 - Burglaries For a certain urban area, it was found...Ch. 7 - Hours Spent Studying A university dean wishes to...Ch. 7 - Prob. 19CQCh. 7 - Prob. 20CQCh. 7 - Prob. 21CQCh. 7 - Prob. 22CQCh. 7 - Prob. 23CQCh. 7 - Prob. 24CQCh. 7 - Prob. 25CQCh. 7 - Prob. 26CQCh. 7 - Critical Thinking Challenges A confidence interval...
Knowledge Booster
Similar questions
- Using the accompanying Home Market Value data and associated regression line, Market ValueMarket Valueequals=$28,416plus+$37.066×Square Feet, compute the errors associated with each observation using the formula e Subscript ieiequals=Upper Y Subscript iYiminus−ModifyingAbove Upper Y with caret Subscript iYi and construct a frequency distribution and histogram. Square Feet Market Value1813 911001916 1043001842 934001814 909001836 1020002030 1085001731 877001852 960001793 893001665 884001852 1009001619 967001690 876002370 1139002373 1131001666 875002122 1161001619 946001729 863001667 871001522 833001484 798001589 814001600 871001484 825001483 787001522 877001703 942001485 820001468 881001519 882001518 885001483 765001522 844001668 909001587 810001782 912001483 812001519 1007001522 872001684 966001581 86200arrow_forwarda. Find the value of A.b. Find pX(x) and py(y).c. Find pX|y(x|y) and py|X(y|x)d. Are x and y independent? Why or why not?arrow_forwardThe PDF of an amplitude X of a Gaussian signal x(t) is given by:arrow_forward
- The PDF of a random variable X is given by the equation in the picture.arrow_forwardFor a binary asymmetric channel with Py|X(0|1) = 0.1 and Py|X(1|0) = 0.2; PX(0) = 0.4 isthe probability of a bit of “0” being transmitted. X is the transmitted digit, and Y is the received digit.a. Find the values of Py(0) and Py(1).b. What is the probability that only 0s will be received for a sequence of 10 digits transmitted?c. What is the probability that 8 1s and 2 0s will be received for the same sequence of 10 digits?d. What is the probability that at least 5 0s will be received for the same sequence of 10 digits?arrow_forwardV2 360 Step down + I₁ = I2 10KVA 120V 10KVA 1₂ = 360-120 or 2nd Ratio's V₂ m 120 Ratio= 360 √2 H I2 I, + I2 120arrow_forward
- Q2. [20 points] An amplitude X of a Gaussian signal x(t) has a mean value of 2 and an RMS value of √(10), i.e. square root of 10. Determine the PDF of x(t).arrow_forwardIn a network with 12 links, one of the links has failed. The failed link is randomlylocated. An electrical engineer tests the links one by one until the failed link is found.a. What is the probability that the engineer will find the failed link in the first test?b. What is the probability that the engineer will find the failed link in five tests?Note: You should assume that for Part b, the five tests are done consecutively.arrow_forwardProblem 3. Pricing a multi-stock option the Margrabe formula The purpose of this problem is to price a swap option in a 2-stock model, similarly as what we did in the example in the lectures. We consider a two-dimensional Brownian motion given by W₁ = (W(¹), W(2)) on a probability space (Q, F,P). Two stock prices are modeled by the following equations: dX = dY₁ = X₁ (rdt+ rdt+0₁dW!) (²)), Y₁ (rdt+dW+0zdW!"), with Xo xo and Yo =yo. This corresponds to the multi-stock model studied in class, but with notation (X+, Y₁) instead of (S(1), S(2)). Given the model above, the measure P is already the risk-neutral measure (Both stocks have rate of return r). We write σ = 0₁+0%. We consider a swap option, which gives you the right, at time T, to exchange one share of X for one share of Y. That is, the option has payoff F=(Yr-XT). (a) We first assume that r = 0 (for questions (a)-(f)). Write an explicit expression for the process Xt. Reminder before proceeding to question (b): Girsanov's theorem…arrow_forward
- Problem 1. Multi-stock model We consider a 2-stock model similar to the one studied in class. Namely, we consider = S(1) S(2) = S(¹) exp (σ1B(1) + (M1 - 0/1 ) S(²) exp (02B(2) + (H₂- M2 where (B(¹) ) +20 and (B(2) ) +≥o are two Brownian motions, with t≥0 Cov (B(¹), B(2)) = p min{t, s}. " The purpose of this problem is to prove that there indeed exists a 2-dimensional Brownian motion (W+)+20 (W(1), W(2))+20 such that = S(1) S(2) = = S(¹) exp (011W(¹) + (μ₁ - 01/1) t) 롱) S(²) exp (021W (1) + 022W(2) + (112 - 03/01/12) t). where σ11, 21, 22 are constants to be determined (as functions of σ1, σ2, p). Hint: The constants will follow the formulas developed in the lectures. (a) To show existence of (Ŵ+), first write the expression for both W. (¹) and W (2) functions of (B(1), B(²)). as (b) Using the formulas obtained in (a), show that the process (WA) is actually a 2- dimensional standard Brownian motion (i.e. show that each component is normal, with mean 0, variance t, and that their…arrow_forwardThe scores of 8 students on the midterm exam and final exam were as follows. Student Midterm Final Anderson 98 89 Bailey 88 74 Cruz 87 97 DeSana 85 79 Erickson 85 94 Francis 83 71 Gray 74 98 Harris 70 91 Find the value of the (Spearman's) rank correlation coefficient test statistic that would be used to test the claim of no correlation between midterm score and final exam score. Round your answer to 3 places after the decimal point, if necessary. Test statistic: rs =arrow_forwardBusiness discussarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- MATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C...StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage Learning
- Elementary Statistics: Picturing the World (7th E...StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman

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