MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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In an examination of purchasing patterns of shoppers, a sample of 16 shoppers revealed that they spent, on average, $54 per hour of shopping. Based on previous years, the population standard deviation is thought to be $21 per hour of shopping. Assuming that the amount spent per hour of shopping is
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- Use the following information to answer the question. According to the website ww.costofwedding.com, the average cost of flowers for a wedding is $698. Recently, in a random sample of 40 weddings in the U.S. it was found that the average cost of the flowers was $734, with a standard deviation of $102. On the basis of this, a 95% confidence interval for the mean cost of flowers for a wedding is $701 to $767.Does the confidence interval provide evidence that the mean cost of flowers for a wedding has increased? a) Yes b) Noarrow_forwardIn a survey, 15 people were asked how much they spent on their child's last birthday gift. The results were roughly bell-shaped with a mean of $47 and standard deviation of $10. Construct a confidence interval at a 95% confidence level.Give your answers to one decimal place.arrow_forwardIn a sample of 45 students, the mean scholarship amount received was $854, with a standard deviation of $17.25. Contruct a 90% confidence interval for the mean scholarship award for all students. Round your answer to the nearest cent.arrow_forward
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