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You are given the sample mean and the sample deviation, Use this information to construct the 90% and 95% confidence intervals for the population mean. Which interval is wider?
A random sample of 38 gas grills has a mean price of $638.20 and a standard deviation of $59.80.
a) The 90% confidence interval is __,__ (round to two decimal places)
b) The 95% confidence interval is __,__ (round to two decimal places)
c) Which interval is wider? The 90% or 95% confidence interval? (choose one)
To find weighted aggregate price index using Laspeyres and Paasche method.
What are common practices in writing literature reviews to avoid because they are forms of plagiarism? What should be done instead? How would you organize your literature before writing a lit review?
An economist is interested in studying the incomes of consumers in a particular region. The population standard deviation is know to be $1,000. A random sample of 50 individuals resulted in an average income of $15,000.
A study of the time spent shopping in a supermar- ket for a market basket of 20 specific items showed an approximately uniform distribution between 20 minutes and 40 minutes. What is the probability that the shopping time will be:
Two types of flares are tested for their burning times (in minutes) and sample results are given below.
Determine a 95% confidence interval for the true mean weight of such boxes?
What is the value of the population mean? What is the best estimate of this value?
At the .05 level, you are testing whether there is a significant difference in the proportions of college students and similar aged non college students having accidents during the two year period. If you determine not to reject the null hypothesi..
In healthy adults, x is approximately normally distributed with mean µ = 38 and standard deviation σ = 12. What is the probability that:
Ten pairs of points yielded a correlation coefficient y of 0.79. If a=0.05, which of the following statements is correct if H 0:P=0? (Do not calculate a t-value.)
In addition, record the values for the UCL, center line, and LCL. Also, record any points that are out of control. Use a z-value of three.
If 20 measurements are taken and their standard deviation is 1.8, is there enough evidence to reject the claim that her standard deviation is within the limit at ∞ = .01?
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