Question: Short Answer Question (20 points) 1. I collected the following data from a small WSU MBA class with 10 students: Variable: Student age in a

Short Answer Question (20 points) 1. I collected

Short Answer Question (20 points) 1. I collected the following data from a small WSU MBA class with 10 students: Variable: Student age in a small MBA class (Questionnaire question: "What is your age? ) Values (10 students): 28,63,32,44,45,32,36,37,38,31 I strongly recommend using Excel for your calculations! Suggested time required in "()". a. What type of variable is this? (20 seconds) b. Are there any outliers? Why, or why not? You MUST use the tool discussed in class. (5 minutes) c. What is the best measure of central tendency? Why? (1 minute) d. I have found that older students require different teaching approaches and define older as older than 34 (so 35 years or above don't worry about months). Hence I want to test the hypothesis that the average age of the WSU MBA students (there are about 1,000 enrolled) is 35 or higher". Set up this hypothesis test. (2 minutes) e. Conduct the hypothesis test set up in d.. Do you reject Ho? Why? Why not? (3-5 minutes) f. IF you can reject Ho, what do you conclude (for THIS situation)? (2 minutes) g. IF you cannot reject Ho, what do you conclude (for THIS situation)? What would you then do? (2 minutes) h. Construct a 95% confidence interval for the mean. Interpret it. (3-5 minutes)

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