a. To determine Find the 95% confidence interval for the mean . Explanation Calculation: The given information is that a sample of 40 CDs showed the mean length of 52.74 minutes with a standard deviation of 13.21 minutes. Software procedure: Step-by-step procedure to obtain the confidence interval using MINITAB software is given below: • Choose Stat > Basic statistics > 1-Sample t . • In Summarized data, enter the sample size as 40 and sample mean as 52.74. • In Standard deviation , enter a value 13.21 . • Check Options , enter Confidence level as 95 ... b. To determine Explain why the normality assumption is an issue here. c. To determine Find the sample size required to estimate μ with a 95% confidence and an error of ± 3 minutes.

Loose-leaf For Applied Statistics In Business And Economics

5th Edition

ISBN: 9781259328527

Author: David Doane, Lori Seward Senior Instructor of Operations Management

Publisher: McGraw-Hill Education

See similar textbooks

Videos

Question

Chapter 8, Problem 75CE

To determine

Find the 95% confidence interval for the mean.

To determine

Explain why the normality assumption is an issue here.

To determine

Find the sample size required to estimate μ with a 95% confidence and an error of ±3 minutes.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Chapter 8, Problem 74CE

Chapter 8, Problem 76CE

Students have asked these similar questions

An Arts group holds a raffle. Each raffle ticket costs $2 and the raffle consists of 2500 tickets. The prize is a vacation worth $3,000. a. Determine your expected value if you buy one ticket. b. Determine your expected value if you buy five tickets. How much will the Arts group gain or lose if they sell all the tickets?

Please show as much work as possible to clearly show the steps you used to find each solution. If you plan to use a calculator, please be sure to clearly indicate your strategy. Consider the following game. It costs $3 each time you roll a six-sided number cube. If you roll a 6 you win $15. If you roll any other number, you receive nothing. a) Find the expected value of the game. b) If you play this game many times, will you expect to gain or lose money?

= 12:02 WeBWorK / 2024 Fall Rafeek MTH23 D02 / 9.2 Testing the Mean mu / 3 38 WEBWORK Previous Problem Problem List Next Problem 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. Preview My Answers Submit Answers You have attempted this problem 0 times. You have unlimited attempts remaining. . Oli wwm01.bcc.cuny.edu

Chapter 8 Solutions

Loose-leaf For Applied Statistics In Business And Economics

Ch. 8.2 - Find the interval zn,+zn within which 90 percent...Ch. 8.2 - Find the interval zn,+zn within which 95 percent...Ch. 8.2 - The diameter of bushings turned out by a...Ch. 8.2 - Concerns about climate change and CO2 reduction...Ch. 8.3 - (a) Find the standard error of the mean for each...Ch. 8.3 - (a) Find the standard error of the mean for each...Ch. 8.3 - The fat content of a pouch of Keebler Right Bites...Ch. 8.3 - The fuel economy of a 2011 Lexus RX 350 2WD 6...Ch. 8.4 - Construct a confidence interval for assuming that...Ch. 8.4 - Construct a confidence interval for assuming that...

Knowledge Booster

$Statistics$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.