Question: Please provide complete work for problem. 1. Researchers are interested in the mean age of a certain population. A random sample of 105 individuals drawn

Please provide complete work for problem.

Please provide complete work for problem. 1. Researchers are interested in the

1. Researchers are interested in the mean age of a certain population. A random sample of 105 individuals drawn from the population of interest has a mean of 28 years. Assuming that the population is approximately normally distributed with the standard deviation of 20: a. Can we conclude that the population mean of age can be 30 years? b. Can we conclude that the population mean of age can be 50 years? c. From the sample, create the 95% confidence interval for the mean of age. Does the interval contain 30? How about 50? Explain

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 Economics Questions!