Rock band The Rolling Stones have played scores of concerts in the ltwenty years. For 30 randomly selected Rolling Stones concerts, the mean gross earnings is 2.12 million dollars.
a) Assuming a population standard deviation groos earnings of 0.51 million dollars, obtain a
b) Which of the following is the correct interpretation for your answer in part (a)?
A) We can be
B) If we repeat the study many times,
C) There is a
D) None of the above
In a random sample of 25 people, the mean commute time to work was 34.1 minutes and the standard deviation was 7.1 minutes. What is the margin of error of
Interpret the results.
A) With
B) With
C) It can be said that
D) If a large sample of people are taken approximately
Express the confidence interval
In a random sample of 24 people, the mean commute time to work was 33.7 minutes and the standard deviation was 7.1 minutes. What is the margin of error of
Interpret the results.
A) With
B) It can be said that
C) With
D) If a large sample of people are taken approximately
A certain reported that in a survey of 2006 American adults,
a) Calculate a confidence interval at the
(_______, _______)
b) What sample size would be required for the width of a
A standard normal table, also called the unit normal table or Z table, may be a mathematical table for the values of
a) How do calculate Z-score using the confidence interval?
In a survey of 2695 adults, 1446 say they have started paying bills electronically in the last year.
Construct a confidence interval for the population proportion.
Interpret your results. Choose the correct answer below.
A) With confidence, it can be said that the sample proportion of adults who say they have started paying bills online in the last year is between the endpoints of the given confidence interval
B) With confidence, it can be said that the population proportion of adults who say they have started paying bills online in the last year is between the endpoints of the given confidence interval.
C) The endpoints of the given confidence interval show that adults pay bills online of the time.
The Level of Significance of a Statistical Test The
a) Is there substantial evidence
b) What is the level of significance (p -value) of your test results?
c) What is the probability of a Type II error if the stain with the additive in fact has a mean absorption rate of 30?
d) Estimate the mean absorption using a 99% confidence interval. Is the confidence interval consistent with your conclusions from the test of hypotheses?
A set of data consists of 45 observations between 0 and 29. Which size would you advise for the class period?