Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
6th Edition
ISBN: 9781337115186
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Question
Chapter 21.4, Problem 5E
a.
To determine
Obtain an approximate 95% confidence interval for the population
b.
To determine
Obtain an approximate 95% confidence interval for the total value of all 771 SBA loans in Country NC.
c.
To determine
Obtain approximate 95% confidence interval for the proportion of loan involving manufacturing companies.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionChapter 21 Solutions
Modern Business Statistics with Microsoft Office Excel (with XLSTAT Education Edition Printed Access Card) (MindTap Course List)
Ch. 21.4 - 1. Simple random sampling was used to obtain a...Ch. 21.4 - Prob. 2ECh. 21.4 - Prob. 3ECh. 21.4 - Prob. 4ECh. 21.4 - Prob. 5ECh. 21.4 - Prob. 6ECh. 21.5 - 7. A stratified simple random sample was taken...Ch. 21.5 - Prob. 8ECh. 21.5 - Prob. 9ECh. 21.5 - 10. A population was divided into three strata...
Ch. 21.5 - Prob. 11ECh. 21.5 - Prob. 12ECh. 21.5 - Prob. 13ECh. 21.6 - Prob. 14ECh. 21.6 - 15. A sample of six clusters is to be taken from a...Ch. 21.6 - Prob. 16ECh. 21.6 - Prob. 17ECh. 21 - Prob. 18SECh. 21 - Prob. 19SECh. 21 - Prob. 20SECh. 21 - Prob. 21SECh. 21 - Prob. 22SECh. 21 - Prob. 23SECh. 21 - 24. A public agency is interested in learning more...
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
Recommended textbooks for you
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw HillCollege Algebra (MindTap Course List)AlgebraISBN:9781305652231Author:R. David Gustafson, Jeff HughesPublisher:Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
College Algebra (MindTap Course List)
Algebra
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:Cengage Learning
Hypothesis Testing using Confidence Interval Approach; Author: BUM2413 Applied Statistics UMP;https://www.youtube.com/watch?v=Hq1l3e9pLyY;License: Standard YouTube License, CC-BY
Hypothesis Testing - Difference of Two Means - Student's -Distribution & Normal Distribution; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=UcZwyzwWU7o;License: Standard Youtube License