
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
expand_more
expand_more
format_list_bulleted
Question

Transcribed Image Text:5.
An average fee for an Information Technology Degree program at private universities
in Malaysia is RM4081 for an academic year 2022-2023. Suppose that this mean is
based on a random sample of 100 universities and a sample standard deviation of
RM845.
a) Make a 95% confidence interval for the corresponding population mean.
b) Provide the interpretation for your answer obtained in 6(a).
c) Find the margin error
d) How can we reduce the margin error?
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by stepSolved in 5 steps with 1 images

Knowledge Booster
Similar questions
- The breaking strengths of cables produced by a certain manufacturer have historically had a mean of 1775 pounds and a standard deviation of 70 pounds. The company believes that, due to an improvement in the manufacturing process, the mean breaking strength, u, of the cables is now greater than 1775 pounds. To see if this is the case, 14 newly manufactured cables are randomly chosen and tested, and their mean breaking strength is found to be 1812 pounds. Assume that the population is normally distributed. Can we support, at the 0.10 level of significance, the claim that the population mean breaking strength of the newly- manufactured cables is greater than 1775 pounds? Assume that the population standard deviation has not changed. Perform a one-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places, and round your responses as specified below. (If necessary, consult a list of formulas.) (a) State the null hypothesis H, and the…arrow_forwardFind the 95% confidence interval for estimating the population mean μ If sample mean X = 50, sample size n= 60 and population standard deviation σ is known to be 10.arrow_forwardThe breaking strengths of cables produced by a certain manufacturer have historically had a mean of 1775 pounds and a standard deviation of 60 pounds. The company believes that, due to an improvement in the manufacturing process, the mean breaking strength, μ, of the cables is now greater than 1775 pounds. To see if this is the case, 90 newly manufactured cables are randomly chosen and tested, and their mean breaking strength is found to be 1788 pounds. Can we support, at the 0.05level of significance, the claim that the population mean breaking strength of the newly-manufactured cables is greater than 1775 pounds? Assume that the population standard deviation has not changed. Perform a one-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places, and round your responses as specified below. a. State the null hypothesis H0 and the alternative hyposthesis H1. b. Find the value of the test statistic. c. Find the p-value. d. Can we…arrow_forward
- 13)Many graduate schools require applicants to take the GRE for admission. The mean GRE score worldwide is 149.7 with a standard deviation of 8.2. The recommended overall GRE score for admission at UC Berkeley is 153 Q) If an applicant were to obtain a score of 123, how many standard deviations away is this score from the mean?arrow_forwardGroup A has 12 people and it is a random sample and they have an average heart rate of 100 and their standard deviation is 5. Group B has 18 people and their average heart rate is 90 and they have a standard deviation of 6. do these sample statistics provide sufficient evidence at a=0.01 to claim that the average heart rate for the population of group A is statistically greater than the heart rate of the population of group B?arrow_forward2) The average life of a special rechargeable battery for a Calculator that performs 45 functions is 700 hours, with A standard deviation of 37 hours. A sample of 50 batteries is randomly selected, what percentage of the batteries will last more then 705 hours?arrow_forward
- 14.) A researcher would like to estimate the mean weight of all adult female American alligators in the Everglades. The mean weight of a random sample of 146 adult female American alligators from the Everglades was found to be 217 pounds. The standard deviation of the weights of all adult female American alligators in the Everglades is known to be 16 pounds.Using a 96% confidence level, determine the margin of error, EE, and a confidence interval for the mean weight of all adult female American alligators in the Everglades. Report the confidence interval using interval notation. Round solutions to two decimal places, if necessary.The margin of error is given by E= ___A 96% confidence interval is given by ___arrow_forwardA study was conducted to examine how anxiety (measured on a metric scale) varies for people from different age groups (<18 years, 19 - 29 years, 30 - 39 years, 40+ years). It was hypothesised that people <18 years old would have the least anxiety of the four age groups. It was also hypothesised that people 40+ years old would have more anxiety than people 19-29 years old. Which of the following would be an appropriate statistical test to conduct, which addresses these hypotheses? Group of answer choices: Factorial ANOVA Multiple Regression Mixed ANOVA Single factor ANOVA Within Subjects ANOVAarrow_forwardSuppose that a sample of size 52 is drawn from a population with mean 23 and standard deviation 39 . Find the value of , the standard deviation of the distribution of sample means.arrow_forward
- A sample of 6 credit ratings for car loan applicants has a mean of 602 and a variance of 4356. Use the data toconstruct a 90% confidence interval for the population standard deviation of credit scores for all applicantsfor car loans. What is the Best point estimate and Include the written statementarrow_forwardThe breaking strengths of cables produced by a certain manufacturer have historically had a mean of 1825 pounds and a standard deviation of 70 pounds. The company believes that, due to an improvement in the manufacturing process, the mean breaking strength, μ, of the cables is now greater than 1825 pounds. To see if this is the case, 17 newly manufactured cables are randomly chosen and tested, and their mean breaking strength is found to be 1844 pounds. Assume that the population is normally distributed. Can we support, at the 0.05 level of significance, the claim that the population mean breaking strength of the newly-manufactured cables is greater than 1825 pounds? Assume that the population standard deviation has not changed. Perform a one-tailed test. Then complete the parts below. Carry your intermediate computations to three or more decimal places, and round your responses as specified below. (If necessary, consult a list of formulas.) (a) State the null hypothesis H0…arrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- MATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C...StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage Learning
- Elementary Statistics: Picturing the World (7th E...StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman

MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc

Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning

Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning

Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON

The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman