MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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- 2.arrow_forwardSuppose we wanted to estimate the mean room rate for luxury hotels in the Northeast. Assume that the standard deviation for room rates is $35 and that we want a 95% confidence interval. What is the smallest sample size should we choose if we want a margin of error for our interval of no more than $10? Type your answer herearrow_forwardA Gallup survey based on telephone and face-to-face interviews with 4,220 adults in China, aged 15 and older suggests that 30% smoke regularly or occasionally. The following is also noted "one can say with 95% confidence that the maximum margin of sampling error is 2.2 percentage points". Which of the following is true based on the results of this survey? a. We are 95% confident that 27.8 % to 32.2 % of all Chinese adults smoke. b. If the sample size was larger, the margin of error would be larger as well. c.We are 95% confident that 25.6% to 34.4% of all Chinese adults smoke. d. Exactly 30% of all Chinese adults smoke. e. If we were to randomly sample another group of 4,220 Chinese adults we would find that exactly 30% of them smoke as well.arrow_forward
- Provide an explanation as to why it would be very unlikely that a different sample of size n=30 would produce the same confidence interval.arrow_forwardIf an experimenter realizes that the consequences of a type one error are severe, then he will most likely set the significance level of the test at 5% or possibly higher if the consequences are particularly troublesome a. true b. falsearrow_forward19.arrow_forward
- Suppose the following data show the percentage of 17- to 24-year-olds who are attending college in several metropolitan statistical areas in four geographic regions of the United States. Northeast Midwest South West 28.4 37.0 60.2 16.6 39.2 32.9 37.0 34.3 32.2 22.4 28.3 22.8 46.4 44.5 40.3 12.5 32.9 31.9 33.4 42.9 15.6 57.5 19.5 26.1 36.4 31.6 29.6 57.8 35.5 64.8 67.2 13.5 37.7 28.1 31.9 36.6 59.1 55.2 29.4 28.6 61.3 78.4 39.8 17.8 41.5 29.6 32.7 74.3 30.1 53.0 36.7 23.3 51.1 28.4 34.2 25.0 59.9 25.0 29.4 59.0 53.5 27.2 20.4 30.6 32.2 29.4 42.4 23.0 25.3 70.8 33.9 73.1 23.2 33.1 36.3 31.0 36.7 28.5 31.2 34.3arrow_forward9.arrow_forward11.arrow_forward
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