MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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For each example, choose the confidence interval that has a larger margin of error.
1)
- A 90% confidence interval for a
mean contructed from a sample of 45 - A 90% confidence interval for a mean contructed from a sample of 55
2)
- A 92% confidence interval for a mean constructed from a sample of 45
- A 90% confidence interval for a mean constructed from a sample of 45
3)
- A 90% confidence interval for a mean constructed from a sample of 45, using s
- A 90% confidence interval for a mean constructed from a sample of 45, using σσ
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- Import the data from the Hill City Excel file into Minitab.You are trying to predict Price.Note: Mtn View=1 if there is a mountain view, 0 otherwise. The rest of the variables should be self explanatory. 1.Perform an F Test for overall significance of the model 2.Perform a T test for slope for the age variable 3. Find a 95% confidence interval for the slope of the SqFeet variable4. Create a prediction, CI, and PI for 1 new set of x values (any valid numbers you want), and interpret each.5. Run the residual plots and indicate if they show any problems with the model.arrow_forwardAbe and Betty want to estimate the mean of a population with known standard deviation o. Abe takes 50 samples whereas Betty takes 80 samples. Which of the following statements are correct? (A) If both Abe and Betty use confidence intervals of the same width, then the confidence level of Abe's interval is smaller than that of Betty's (B) If both Abe and Betty use confidence intervals of the same width, then the confidence level of Abe's interval is larger than of Betty's (C) If Abe and Betty construct confidence intervals with the same confidence level, then the width of Abe's interval is smaller than that of Betty's (D) If Abe and Betty construct confidence intervals with the same confidence level then the width of Abe's interval is larger than that of Betty's (B) and (C). (A) and (D) (B) and (D) (A) and (C)arrow_forwardA box model is used to calculate a confidence interval in the following scenario: Statistics club at TYHS wants to know the average time students in TYHS spent on preparing for their standardized exams. They sampled 100 students from TYHS. They want to construct a confidence interval for the average time that students in TYHS spent on preparing for their standardized exams. For each of the following quantities in the box model, select the answer if the quantity is random, not fixed. Leave the quantities that are fixed unselected. Group of answer choices. You can select more than one answer the proportion of 0's in the box model the EV and SE of the sample average the average time of every student in TYHS spent on preparing for their standardized exams the sample average of students spent on preparing for their standardized examsarrow_forward
- Two researchers, Jaime and Mariya, are each constructing confidence intervals for the proportion of a population who is lef-handed. They find the point estimate is 0.23. Each independently constructed a confidence interval based on the point estimate, but Jaime's interval has a lower bound of 0.220 and an upper bound of 0.234, while Mariya's interval has a lower bound of 0.169 and an upper bound of 0.272. Which interval is wrong? Why? 28 Choose the correct answer below. OA Jaime's interval is wrong because it does not include the point estimate. OB. Mariya's interval is wrong because it is too wide. OC. Mariya's interval is wrong because it is not centered on the point estimate, OD. Jaime's interval is wrong because it is to narrow O of 36arrow_forwardSuppose that you wanted to know if the percentage of people who will attend a sporting event this year will decrease. Last year, 43% of Americans attended a sporting event. After taking a sample, you attain a sample percentage of 18% with a margin of error of 3%. Construct a confidence interval and use that interval to determine if the number of Americans who will attend a sporting event has decreased. Show your calculation for the interval and then state your conclusion in complete sentences.arrow_forwardThe interval [40 50] represents a 90% confidence interval for a population mean. Which of the following is most likely to be the corresponding 95% confidence interval? (Hint: in a normal distribution, close to 90% of the values are within 1.65 standard deviations of the mean and close to 95% of the values are within 2 standard deviations of the mean) O A. [42 48] В. [36 54] OC. [40 54] D. [30 60]arrow_forward
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