(Example 5) Age of Used Vans The mean age of all 118 used Toyota vans for sale (see exercise 9.16 ) was 3.1 years with a standard deviation of 2.7 years. The distribution of ages is right-skewed. For a statistics project, a student randomly selects 35 vans from this data set and finds the mean of the sample is 2.7 years with a standard deviation of 2.1 years. a. Find each of these values: μ = ? σ = ? x ¯ = ? s = ? b. Which of the values listed in part a are parameters? Which are statistics? c. Are the conditions for using the CLT fulfilled? What would be the shape of the approximate sampling distribution of a large number of means, each from a sample of 35 vans?
(Example 5) Age of Used Vans The mean age of all 118 used Toyota vans for sale (see exercise 9.16 ) was 3.1 years with a standard deviation of 2.7 years. The distribution of ages is right-skewed. For a statistics project, a student randomly selects 35 vans from this data set and finds the mean of the sample is 2.7 years with a standard deviation of 2.1 years. a. Find each of these values: μ = ? σ = ? x ¯ = ? s = ? b. Which of the values listed in part a are parameters? Which are statistics? c. Are the conditions for using the CLT fulfilled? What would be the shape of the approximate sampling distribution of a large number of means, each from a sample of 35 vans?
Solution Summary: The author identifies the values of " " and determines which values are parameters and which are statistic.
(Example 5) Age of Used Vans The mean age of all 118 used Toyota vans for sale (see exercise
9.16
) was
3.1
years with a standard deviation of
2.7
years. The distribution of ages is right-skewed. For a statistics project, a student randomly selects 35 vans from this data set and finds the mean of the sample is
2.7
years with a standard deviation of
2.1
years.
a. Find each of these values:
μ
=
?
σ
=
?
x
¯
=
?
s
=
?
b. Which of the values listed in part a are parameters? Which are statistics?
c. Are the conditions for using the CLT fulfilled? What would be the shape of the approximate sampling distribution of a large number of means, each from a sample of 35 vans?
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