MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
expand_more
expand_more
format_list_bulleted
Concept explainers
Topic Video
Question
thumb_up100%
Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 99% confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required?
265, 211, 192, 166, 161, 155, 149, 149, 144, 144
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution
Trending nowThis is a popular solution!
Step by stepSolved in 2 steps with 4 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Similar questions
- Need help on this practice. A and B pleasearrow_forwardWhen 410 randomly selected college students were surveyed, 155 said they own their car. Construct a 95% confidence interval for the proportion of college students who say they own their cars. Include a statement interpreting your answer.arrow_forwardIn a sample of 480 adults, 384 had children. Construct a 99% confidence interval for the true population proportion of adults with children. Give your answers as decimals, to three placesarrow_forward
- Kit and Casey are each attempting to estimate the proportion of college students who can play at least one musical instrument. They each survey a different random sample of college students, and in each sample, the proportion who can play at least one musical instrument is 0.35. Kit and Casey each use their sample data to construct a confidence interval. Kit's interval is from 0.308 to 0.372 and Casey's interval is from 0.318 to 0.382. One of these intervals was computed correctly, but the other was not. Which interval must be incorrect? O Kit's interval must be incorrect. O It's impossible to answer this question without knowing the sample sizes. O It's impossible to answer this question without knowing the sample sizes or the level of confidence used for each interval. O Casey's interval must be incorrect. O It's impossible to answer this question without knowing the level of confidence used for each interval.arrow_forwardA 95% confidence interval is constructed in order to estimate the proportion of adults who own an iPhone. The resulting interval has a margin of error of 0.043. Which of the following would be the margin of error for a 90% confidence interval based on the same sample of data?arrow_forwardListed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 95% confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required? 178 162 161 241 206 158 .….. OB. We are confident that 95% of all celebrities have a net worth between $ million and $ million. (Round to one decimal place as needed.) example Get more help. 153 What is the confidence interval estimate of the population mean μ? $122.1 millionarrow_forwardUse the data attached: 1. In two to three sentences, explain what a confidence interval means(in general), as if you were talking to someone who has not taken statistics. 2. In one to two sentences, explain what this confidence interval means for this particular study.arrow_forwardA survey was conducted where 27 students were asked which social media app is their favorite, Twitter or Tiktok. male female twitter 4 4 TikTok 4 15 create and interpret (in context) a one-proportion confidence interval. You may choose the level of confidence. conduct a Chi-Squared test for Association to determine if your data provide statistically significant evidence of an association between your two variables.arrow_forwardIn a recent survey of 1003 students, 977 of them would like to recommend www.helpyourmath.com to their friends. Construct a 90% confidence interval to estimate the proportion of all students who would recommend www.helpyourmath.com to their friends. Give your answers to three decimals: Submit Questionarrow_forwardPlease help!arrow_forwardPlease answer the attached question. Thanks.arrow_forwardAccording to recent data by the American Marketing Association, 76.5%of people in the 18-24 age group used social media in 2017. You want to find out what the social media proportion is among your classmates who are all between 18 and 24 years old. Suppose you obtain a random sample of 229 students and find that 202 students in this sample are active social media users. Complete parts a through c below. a. Construct a 99% confidence interval to estimate the actual proportion of social media users. A 99% confidence interval to estimate the actual proportion has a lower limit of------ and an upper limit of------- (Round to three decimal places as needed.) b. What is the margin of error for this sample? c. Is there evidence that this proportion matches that of the overall population based on the sample?arrow_forwardarrow_back_iosSEE MORE QUESTIONSarrow_forward_ios
Recommended textbooks for you
- MATLAB: An Introduction with ApplicationsStatisticsISBN:9781119256830Author:Amos GilatPublisher:John Wiley & Sons IncProbability and Statistics for Engineering and th...StatisticsISBN:9781305251809Author:Jay L. DevorePublisher:Cengage LearningStatistics for The Behavioral Sciences (MindTap C...StatisticsISBN:9781305504912Author:Frederick J Gravetter, Larry B. WallnauPublisher:Cengage Learning
- Elementary Statistics: Picturing the World (7th E...StatisticsISBN:9780134683416Author:Ron Larson, Betsy FarberPublisher:PEARSONThe Basic Practice of StatisticsStatisticsISBN:9781319042578Author:David S. Moore, William I. Notz, Michael A. FlignerPublisher:W. H. FreemanIntroduction to the Practice of StatisticsStatisticsISBN:9781319013387Author:David S. Moore, George P. McCabe, Bruce A. CraigPublisher:W. H. Freeman
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman