Introductory Statistics
Introductory Statistics
1st Edition
ISBN: 9781938168208
Author: Barbara Illowsky, Susan Dean
Publisher: OpenStax College
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Chapter 8, Problem 121H

Refer to the information In Exercise 8.120.

a. Construct three 95% confidence intervals.

1. percent of all Asians who would welcome a white person Into their families.

ii. percent of all Asians who would welcome a Latino Into their families.

ií. pet cent of all Asians who would welcome a black person into their families.

b. Even though the three point estimates are different, do any of the confidence intervals overlap? Which?

c. For any Intervals that do overlap. In words, what does this imply about the significance of the differences in the true proportions?

d. For any Intervals that do not overlap. In words, what does this Imply about the significance of the differences In the true proportions?

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A company found that the daily sales revenue of its flagship product follows a normal distribution with a mean of $4500 and a standard deviation of $450. The company defines a "high-sales day" that is, any day with sales exceeding $4800. please provide a step by step on how to get the answers in excel Q: What percentage of days can the company expect to have "high-sales days" or sales greater than $4800? Q: What is the sales revenue threshold for the bottom 10% of days? (please note that 10% refers to the probability/area under bell curve towards the lower tail of bell curve) Provide answers in the yellow cells

Chapter 8 Solutions

Introductory Statistics

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