For large U.S. companies, what percentage of their total income comes from foreign sales? A random sample of technology companies (IBM, Hewlett-Packard, Intel, and others) gave the following information.t Technology companies, % foreign revenue: x1; n1 = 16 62.8 55.7 47.0 59.6 55.3 41.0 65.1 51.1 53.4 50.8 48.5 44.6 49.4 61.2 39.3 41.8 Another independent random sample of basic consumer product companies (Goodyear, Sarah Lee, H.J. Heinz, Toys 'R' Us) gave the following information. Basic consumer product companies,% foreign revenue: x2; ną = 17 28.0 30.5 34.2 50.3 11.1 28.8 40.0 44.9 40.7 60.1 23.1 21.3 42.8 18.0 36.9 28.0 32.5 Assume that the distributions of percentage foreign revenue are mound-shaped and symmetric for these two company types. (a) Use a calculator with mean and standard deviation keys to calculate x1, S1, X2, and s2. (Round your answers to two decimal places.) X1 = % % % % S1 = X2 = S2 = (b) Let µ, be the population mean for x, and let u2 be the population mean for x2. Find a 95% confidence interval for u, - H2. (Round your answers to two decimal places.) lower limit % upper limit %
For large U.S. companies, what percentage of their total income comes from foreign sales? A random sample of technology companies (IBM, Hewlett-Packard, Intel, and others) gave the following information.t Technology companies, % foreign revenue: x1; n1 = 16 62.8 55.7 47.0 59.6 55.3 41.0 65.1 51.1 53.4 50.8 48.5 44.6 49.4 61.2 39.3 41.8 Another independent random sample of basic consumer product companies (Goodyear, Sarah Lee, H.J. Heinz, Toys 'R' Us) gave the following information. Basic consumer product companies,% foreign revenue: x2; ną = 17 28.0 30.5 34.2 50.3 11.1 28.8 40.0 44.9 40.7 60.1 23.1 21.3 42.8 18.0 36.9 28.0 32.5 Assume that the distributions of percentage foreign revenue are mound-shaped and symmetric for these two company types. (a) Use a calculator with mean and standard deviation keys to calculate x1, S1, X2, and s2. (Round your answers to two decimal places.) X1 = % % % % S1 = X2 = S2 = (b) Let µ, be the population mean for x, and let u2 be the population mean for x2. Find a 95% confidence interval for u, - H2. (Round your answers to two decimal places.) lower limit % upper limit %
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.6: Rational Functions
Problem 11SC: Find the mean hourly cost when the cell phone described above is used for 240 minutes.
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