MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Estimation
A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.
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Suppose the horses in a large stable have a mean weight of 873 lbs, and a variance of 17,161. What is the probability that the mean weight of the sample of horses would differ from the population mean by less than 15 lbs if 50 horses are sampled at random from the stable? Round your answer to four decimal places.
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Transcribed Image Text:Suppose the horses in a large stable have a mean weight of 873 lbs, and a variance of 17,161. What is the probability that the mean weight of the sample of horses would differ from the population mean by less than 15 lbs if 50 horses are sampled at random from the stable? Round your answer to four decimal places.
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