MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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A researcher who she’s to estimate within $2 the average repair cost for a refrigerator.  if she wishes to be 95% confident how large of a sample would be necessary if the population standard deviation is $15.25?
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- Tina catches a 14-pound bass. She does not know the population mean or standard deviation. So she takes a sample of five friends and they say the last bass they caught was 9, 12, 13, 10, and 10 pounds. Find the t and calculate a 95% (α = .05) confidence interval.arrow_forwardSuppose we wish to study the average income of Cactus Club customers, so we plan to conduct a research project with a 95% confidence level. We need our range of error (E) to be no greater than $500. Based on our past experience, we estimate the sample standard deviation to be $5,000. What sample size do you need in order to conduct the research? Select one: a. 372 b. 784 c. 824 d. 385 e. 196arrow_forwardthe image contains the questionarrow_forward
- Please explain. In a survey, 11 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $41 and standard deviation of $4. Find the margin of error at a 90% confidence level.Give your answer to two decimal places.arrow_forwardConsider the following data: −10, −10, 0, 3, −10, 3, 3 Step 1 of 3: Calculate the value of the sample Variance. Round your answer to one decimal place. Step 2 of 3: Calculate the value of the sample deviation. Round your answer to one decimal place. Step 3 of 3: Calculate the value of the range.arrow_forwardAn economist wants to estimate the mean per capita income (in thousands of dollars) for a major city in California. He believes that mean income is $23.7, standard deviation $9.1. How large of a sample would be required in order to estimate the mean per capita income at 98% level of confidence with an error of at most $0.44? Round answer up to next integerarrow_forward
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