MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
expand_more
expand_more
format_list_bulleted
Question
Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 90% confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a
247 |
191 |
180 |
158 |
157 |
151 |
151 |
151 |
151 |
146 |
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 1 images
Knowledge Booster
Similar questions
- A 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_forwardA researcher is interested in examining the relationship between ACT scores and college GPA. Participant ACT ?̅ = 29.67; ?? = 3.39 GPA ?̅ = 3.30; ?? = .52 1 24 2.75 2 28 3.25 3 29 3.50 4 35 3.75 5 34 4.00 6 30 3.80 7 29 2.60 8 27 2.68 9 31 3.36 Predict the GPA from an ACT score of 22. Predict the GPA from an ACT score of 25. Find the standard error of the estimate. What does this tell you about your predictions?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_forwardAssume that samples have been randomly selected from normally distributed populations.The table below shows the weights of 9 subjects before and after following a particular diet for two months. Subject A B C D E F G H I Before 169 180 157 133 202 124 190 210 181 After 162 178 145 125 181 126 182 195 163 Construct a 99% confidence interval for the mean difference of the "before" minus "after" weights. Interpret the results.arrow_forwardPlease answer the attached question. Thanks.arrow_forwardWhich of the following confidence intervals would have a wider width for the same set of data? A 90% interval. A 99% interval. Group of answer choices The 90% interval. The 99% interval.arrow_forwardThelma and Louise are each attempting to estimate the proportion of adults who enjoy listening to country music. They each survey a different random sample of adults, and in each sample, the proportion who say they enjoy listening to country music is 0.29. Thelma and Louise each use their sample data to construct a confidence interval. Thelma's interval is from 0.242 to 0.338 and Louise's interval is from 0.237 to 0.323. One of these intervals was computed correctly and the other was not. Which interval must be the correct one? It's impossible to answer this question without knowing the level of confidence used for each interval. 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. Thelma's interval must be the correct interval. O Louise's interval must be the correct interval.arrow_forwardA research group is conducting an experiment to study the relationship between fitness levels and the number of hours spent exercising each week. Subjects are randomly selected and, after several fitness tests, are assigned a fitness score. The number of hours spent exercising per week is also recorded. Data for 15 subjects are given below. Subject Hours of Exercise per Week Fitness Score 1 1 3 2 1.5 4.7 3 1.75 6 4 2 5 5 2 6.5 6 4.5 14.2 7 2.5 13.5 8 3.25 15 9 3 13.4 10 3.75 14 11 3.5 10 12 4 10 13 2.5 12 14 5.25 14.5 15 5 15 Create a bar graph in Microsoft® Excel® using the data. Label the graph and include the source of the data. Construct an equation in two variables that models this relationship. This equation may be linear, polynomial, rational, square root, or variation? Is the equation an exact model or an approximate model of the relationship between the variables? Explain your reasoning. Use the equation to make a prediction of the likely value of the…arrow_forwardIf two people used the same data and one person made a 90% confidence interval and the other person made a 95% confidence interval for p, which interval would be more narrow? is it; a. The 90% Confidence interval b. The 95% Confidence interval c. We cannot tell from the information alone.arrow_forwardeach item # 7-8. 7. Researchers study the effect of political commercials and the likelihood of people inspired to vote for former President Trump in the 2024 presidential election. They show a political commercial to a random sample 150 people. The researchers found a 90% confidence interval for the proportion of people who were influenced to vote for former President Trump after viewing the political commercial to be (0.56, 0.72). Which is true based on the given confidence interval? Select the two correct answers. e. a. We are 90% confident that the true proportion of people inspired to vote for former President Trump after viewing a political commercial is between 0.56 and 0.72. b. 90% of all 90% confidence intervals constructed in this way will capture the true proportion of people inspired to vote for former President Trump after viewing a political commercial. c. We're 90% sure that the proportion of people in this research sample inspired to vote for Sve former President Trump…arrow_forwardThe figure to the right shows the results of a survey in which 2000 college graduates from the year 2016 were asked questions about employment. Construct 99% confidence intervals for the population proportion of college students who gave each response. Employment College students' responses to questions about employment Expect to stay at first employer for 3 or more years Completed an apprenticeship or internship 70% 66% Employed in field of study 61% Feel underemployed 46% Prefer to work for a large company 15% The 9970 Conuenit initivaliui int proportion un cuiityt diuutid inal txptul iu diay al ineli idi empivyti iui j'ui muit years is (0.01, 0.121). (Round to three decimal places as needed.) The 99% confidence interval for the proportion of college students that have completed an apprenticeship or internship is (J.). (Round to three decimal places as needed.)arrow_forward10arrow_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