MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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- 3). Two sample cases. A business major student is given a data set in Spread- sheet "Question 5": Sample 1 (x): 6.59 8.74 7.75 5.79 1.39 5.62 5.51 2.96 4.48 4.08 0.48 6.54 6.50 8.73 2.84 9.32 9.72 0.37 4.34 8.08 2.27 3.34 4.08 5.52 3.27 6.59 8.74 7.75 5.79 1.39 Sample 2 (y): 19.78 3.18 2.88 2.56 8.03 6.65 5.23 8.39 12.29 13.46 9.54 -0.36 1.62 3.54 -0.16 9.73 6.11 13.46 10.72 14.45 8.77 10.25 7.62 10.38 n=30, = x = 158.55, 21047.298, της 24, Συ= 188.11, Στ2 Σ Σ= = 2045.635. Assume that two populations are independent and normally distributed with means μ1, H2 and standard deviations 01, 02, respectively. (a) What is the point estimate of 1-2? What is the margin of error E associated with this estimate (use a = 0.05)? (b) Find 95% confidence interval for μ1 - 2. (c) Test Ho 1 μ2 = 0 vs H₁₁₂ <0 at a = 0.01.arrow_forward1. Sample data about the listing price of a house is collected from Surrey, Guilford area in 2022 and the data is given below. Using the data answer the following questions: N 1 2 3 4 5 Listing Price 1049900 11 1229000 1049900 12 1230000 1050000 13 1075000 14 1298999 1299000 1299000 1075000 15 16 1398000 1078800 1179000 17 18 1398000 1399000 1188000 1188000 19 1449900 1225000 20 1450000 a. What is the mean listing price of a home? b. Generate appropriate numerical summaries for the listing price of a home, the sample standard deviation, etc. 6 7 8 9 10 Listing Price N Listing Price 21 1450000 22 1450000 23 1469900 24 1475000 25 1475000 26 1480000 1499000 27 28 1499000 29 1499233 30 1499900 N C. Use these summaries to develop a 95% confidence interval to estimate the mean listing price of a house in your selected city. That is, you will be using the sampling data you collected to estimate the population parameter (listing price). Make sure to show both your calculations and a final…arrow_forwardListed below are times (in minutes and seconds) that a statistics instructor recorded while riding a bicycle for five laps through each mile of a 3-mile loop. Use a 0.10 significance level to test the claim that the samples are from populations with the same median. What do the data suggest? Mile 1 Mile 2 Mile 3 3:18 3:25 3:31 3:14 3:30 3:31 3:15 3:25 3:35 3:20 3:26 3:28 3:16 3:24 3:27 First determine the null and alternative hypotheses. Choose the correct answer below. O A. Ho: The samples come from populations with equal medians. H₁: The samples come from populations with medians that are not all equal. O B. Ho: The samples come from populations with means that are not all equal. H₁: The samples come from populations with equal means. O C. Ho: The samples come from populations with medians that are not all equal. H₁: The samples come from populations with equal medians. O D. Ho: The samples come from populations with equal means. H₁: The samples come from populations with means that…arrow_forward
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