An Introduction to Statistical Methods and Data Analysis
7th Edition
ISBN: 9781305269477
Author: R. Lyman Ott, Micheal T. Longnecker
Publisher: Cengage Learning
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Textbook Question
Chapter 5.12, Problem 8E
As part of the recruitment of new businesses, the city’s economic development department wants to estimate the gross profit margin of small businesses (under $1 million in sales) currently residing in the city. A random sample of the previous years annual reports of 15 small businesses shows the
- a. Construct a 99% confidence interval for the mean gross profit margin of μ of all small businesses in the city.
- b. The city manager reads the report and states that the confidence interval for μ constructed in part (a) is not valid because the data are obviously not
normally distributed and thus thesample size is too small. Based on just knowing the mean and standard deviation of the sample of 15 businesses, do you think the city manager is valid in his conclusion about the data? Explain your answer.
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An Introduction to Statistical Methods and Data Analysis
Ch. 5.12 - The county government in a city that is dominated...Ch. 5.12 - In the research study on percentage of calories...Ch. 5.12 - Face masks used by firefighters often fail by...Ch. 5.12 - Refer to Exercise 5.3. Describe a process to...Ch. 5.12 - A company that manufacturers coffee for use in...Ch. 5.12 - Refer to Exercise 5.5. The engineer in charge of...Ch. 5.12 - Refer to Exercise 5.5. Because the company is...Ch. 5.12 - As part of the recruitment of new businesses, the...Ch. 5.12 - A program to reduce recidivism has been in effect...Ch. 5.12 - The susceptibility of the root stocks of a variety...
Ch. 5.12 - Prob. 11ECh. 5.12 - In any given situation, if the level of confidence...Ch. 5.12 - A biologist wishes to estimate the effect of an...Ch. 5.12 - Refer to Exercise 5.14. Suppose the mayors staff...Ch. 5.12 - Refer to Exercise 5.14. Suppose the mayors staff...Ch. 5.12 - A study is designed to test the hypotheses H0: ...Ch. 5.12 - Refer to Exercise 5.16. Graph the power curve for...Ch. 5.12 - A study was conducted of 90 adult male patients...Ch. 5.12 - Prob. 22ECh. 5.12 - A national agency sets recommended daily dietary...Ch. 5.12 - To evaluate the success of a 1-year experimental...Ch. 5.12 - Refer to Exercise 5.24. Suppose a random sample of...Ch. 5.12 - The administrator of a nursing home would like to...Ch. 5.12 - The vulnerability of inshore environments to...Ch. 5.12 - The RD department of a paint company has developed...Ch. 5.12 - Prob. 29ECh. 5.12 - A concern to public health officials is whether a...Ch. 5.12 - Prob. 31ECh. 5.12 - Prob. 32ECh. 5.12 - Prob. 33ECh. 5.12 - Provide the rejection region based on a t-test...Ch. 5.12 - A study was designed to evaluate whether the...Ch. 5.12 -
The ability to read rapidly and simultaneously...Ch. 5.12 - Refer to Exercise 5.36. Using the reading...Ch. 5.12 -
Refer to Exercise 5.36.
Does there appear to be a...Ch. 5.12 - A consumer testing agency wants to evaluate the...Ch. 5.12 -
Refer to Exercise 5.39.
Does the normality of the...Ch. 5.12 - The amount of sewage and industrial pollutants...Ch. 5.12 - A dealer in recycled paper places empty trailers...Ch. 5.12 - Prob. 47ECh. 5.12 - Prob. 48ECh. 5.12 - Prob. 49ECh. 5.12 - Prob. 50ECh. 5.12 - Prob. 51ECh. 5.12 - Prob. 52ECh. 5.12 - Prob. 53ECh. 5.12 - Prob. 54ECh. 5.12 - Prob. 55ECh. 5.12 - Prob. 56ECh. 5.12 - Prob. 57SECh. 5.12 - The concentration of mercury in a lake has been...Ch. 5.12 -
In a standard dissolution test for tablets of a...Ch. 5.12 - Prob. 60SECh. 5.12 -
Over the past 5 years, the mean time for a...Ch. 5.12 - If a new process for mining copper is to be put...Ch. 5.12 - Prob. 63SECh. 5.12 - Prob. 64SECh. 5.12 - Prob. 65SECh. 5.12 - Prob. 66SECh. 5.12 - Prob. 67SECh. 5.12 - Prob. 68SECh. 5.12 - Prob. 69SECh. 5.12 - Prob. 70SECh. 5.12 - Prob. 71SECh. 5.12 - Prob. 73SECh. 5.12 - Prob. 74SECh. 5.12 - Prob. 75SECh. 5.12 - Prob. 76SE
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