Professors are concerned about the impact of PhD candidates working part-time while they are enrolled in classes. They would like to know if students are overworking and therefore spending less time on coursework and research. Professors decided to find out, on average how many hours the students are working per week. From previous experiences, they know that the mean and standard deviation of this variable is 15 hours and 5 hours respectively. They surveyed 200 students.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Professors are concerned about the impact of PhD candidates working part-time while they are enrolled in classes. They would like to know if students are overworking and therefore spending less time on coursework and research. Professors decided to find out, on average how many hours the students are working per week. From previous experiences, they know that the mean and standard deviation of this variable is 15 hours and 5 hours respectively. They surveyed 200 students.

  1.  What is the standard error of the sample mean?
  2.  What is the probability that the sample mean is at least 10 hours per week.
  3.  Use this example to explain the difference between a parameter and estimator.
  4.  Why do we use a 95% confidence interval instead of 100%?
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