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In the publication Employment and Earnings, information on the ages of people in the civilian labor force was published. Seventy-five people in the civilian labor force are randomly selected. The mean age is 37.4 years with a standard deviation of 10.3 years.
a. Find the 99% confidence interval for the mean age.
b. What is the error of estimate for the 90% confidence interval?
c. What is the minimum sample size that is needed for the 95% confidence interval, if the maximum error of estimate is 2.1 years?
The cost for the conference room, instructor compensation, lab assistants, and promotion is $9,600. Micromedia rents computers for its seminars at a cost of $60 per computer per day. Question: find the breakeven point for this problem using Excel.
Out of a random sample of 500 individuals who are planning to vote in a student council election, 260 plan on voting for Jefferson and 240 plan on voting for Smith.
What is coefficient of determination? Calculate F statistic. (Hint: You must complete the table to answer the question.)
At the 5% level of significance, can we infer that the population mean weight of athletic men is lower than the population mean weight of non-athletic men by more than 2 pounds?
Construct a stem and leaf plot of the income. what do you predict about the shape of the population distribution. complete the following sentence. Fifty percent of the data falls below $ ______.
For the set of data below construct a grouped frequency distribution that as well contains the real limits of each interval, midpoint of each interval, the cumulative frequency,
Identify the variable being measured and describe the sample as it relates to the population.
Assume gasoline prices for a region are normally distributed. Do the data you obtained provide enough evidence to reject the claim?
A statistics professor planed her classes so carefully that the lengths of her classes are uniformly distributed between 45 and 55 minutes. Find the probability that a given class period runs greater than 50.25 minutes.
A recent Survey indicated that 18% of America adults were in favor of cloning human embryos. What is the probability that in a group of 30 adult Americans
Using bar charts to compare observed frequencies between variables can be problematic when?
Barbara Flynn is in charge of maintaining hospital supplies at General Hospital. During the past year, the mean lead time demand for bandage BX-5 was 60 (and was normally distributed).
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