Question: Find margin of error and confidence interval for the population mean of the college graduates who have taken the statistics course if average value for

Find margin of error and confidence interval for the population mean of the college graduates who have taken the statistics course if average value for sample of 25 objects is 52,620 and sample standard deviation S=10,700 . Use 95% confidence interval. (Use t-distribution)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Pam Corporation acquired all the outstanding stock of Sun Corporation on April 1, 2016, for $15,000,000, when Sun's stockholders' equity consisted of $5,000,000 capital stock and $2,000,000 retained...

STAT200 Homework for week 5 Question 1 Every applicant for the open position took a test. Results of the test are close to the Normal distribution with mean = 200 and standard deviation =50. Company...

Find margin of error and confidence interval for the population mean if sample of 6 objects is given: 8, 10, 5, 7, 5, 11. Use 95% confidence interval. (Use t-distribution. You need to find average...

Unit 2 Problems Set NAME: Elements of Statistics--FHSU Virtual College--Summer 2015 REMEMBER, these are assessed preparatory problems related to the content of Unit 2. The Unit 2 Exam will consist of...

1- Explain the meaning of a point estimate and an interval estimate. a- A point estimate is a population parameter used in calculations while an interval estimate is an interval that is constructed...

1. Construct the indicated confidence interval for the population mean using a t-distribution. c = 0.80 , sample mean of distribution= 105 , s = 10 , n = 22 The confidence interval is (_ , _) (round...

Question 1 (1 point) Question 1 options: The population standard deviation for the height of college football players is 3.3 inches. If we want to estimate a 90% confidence interval for the...

PLEASE MAKE SURE FORMATTING IS UNDERSTANDING AND READABLE! I have arranged the questions in the order they should be in, please only provide answer with section, question number and part (ex. 1a, 1b,...

Q1 College Graduate-Level Wages. The Economic Policy Institute periodically issues reports on wages of entry-level workers. The institute reported that entry-level wages for male college graduates...

Question 1 (1 point) Question 1 options: The population standard deviation for the height of college basketball players is 2.4 inches. If we want to estimate 97% confidence interval for the...

1.From a multitude of voters, a sample of 9 was selected at random and asked their age.Their ages are as follows: 21 22 23 23 24 25 26 30 39 Using statistical software, calculate the following from...

Q.5 sin (s Let f(x)= (x)= - ds, suppose that f(x) = ax" be the power series expansion of f(x), then coefficient of is (Correct upto three decimal places)_

Below is the April 30 trial balance of Blues Around the Corner Corporation: An examination of the ledger shows these errors: 1. Salaries and Wages Payable include $300 of salaries and wages accrued...

When does a worker start being taxed on their standard 4 0 1 ( k ) account?

Use MuPAD to compute the following limits. a. lim x* x0+ b. lim (cos x)/tan x x0+ 1 1- c. lim x-0+ sin x d. lim x-0- r 2 - 25 e. lim x-5-x - 10x +25 x - 1 f. lim x1+ sin[(x - 1)']

Check that the following are solutions of the BlackScholes equation: (a) V(S, t) = S, (b) V(S, t) = e rt . Why are these solutions of particular note?

Economics has been called the dismal science because it sometimes tells us that things are true when we would prefer they were false. For example, although there are no free lunches, might we prefer...

The class should be divided into groups of four people. The four students in each group should go to the college gym or a local fitness center. The students should ask each person who comes through...

To choose k objects from n, you can make one of the objects distinguished and consider whether the distinguished object is chosen. Use this approach to prove that (:) - (":') - (:-) n | k k k 1

Artificial Intelligence ( AI ) applications in supply chain management aims to solve problems such as selecting suppliers, estimating sales and purchasing demands and determining the best...

The quality of the argumentation

The status rule: We tend to have more confidence in information presented by someone who has a relatively high status and rank in society than by someone who hasnt.

The spatial rule: The closer spatial proximity we have to an event, the more importance we will attach to it.