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The economic dynamism, which is the index of productive growth in dollars for countries that are designated by the World Bank as middle-income, for a random sample of middle-income countries are in the table below. Compute a 91% confidence interval for the mean economic dynamism of all middle-income countries. economic dynamism in dollars or $ 58.6955 33.6074 42.0265 43.7178 43.8555 49.1803 32.989 39.6282 39.6553 46.0521 51.915 43.0364 48.3652 50.9866 47.8506 41.9285 50.4578 58.5099 59.1724 45.7354 41.4885 37.4511 30.5338 43.6952 38.0793 49.1361 43.6252 41.9543 48.9469 37.7251 29.7336 41.1648 39.1469 29.7336 48.6159 58.0767 44.9346 43.6952

The economic dynamism, which is the index of productive growth in dollars for countries that are designated by the World Bank as middle-income, for a random sample of middle-income countries are in the table below. Compute a 91% confidence interval for the mean economic dynamism of all middle-income countries. economic dynamism in dollars or $ 58.6955 33.6074 42.0265 43.7178 43.8555 49.1803 32.989 39.6282 39.6553 46.0521 51.915 43.0364 48.3652 50.9866 47.8506 41.9285 50.4578 58.5099 59.1724 45.7354 41.4885 37.4511 30.5338 43.6952 38.0793 49.1361 43.6252 41.9543 48.9469 37.7251 29.7336 41.1648 39.1469 29.7336 48.6159 58.0767 44.9346 43.6952

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The economic dynamism, which is the index of productive growth in dollars for countries that are designated by the World Bank as middle-income, for a random sample of middle-income countries are in the table below. Compute a 91% confidence interval for the mean economic dynamism of all middle-income countries.

economic dynamism in dollars or $
58.6955
33.6074
42.0265
43.7178
43.8555
49.1803
32.989
39.6282
39.6553
46.0521
51.915
43.0364
48.3652
50.9866
47.8506
41.9285
50.4578
58.5099
59.1724
45.7354
41.4885
37.4511
30.5338
43.6952
38.0793
49.1361
43.6252
41.9543
48.9469
37.7251
29.7336
41.1648
39.1469
29.7336
48.6159
58.0767
44.9346
43.6952
A: Assumptions • Since Select an answer information was collected from each object, what conditions do we need to check? Check all that apply. On(1-p) ≥ 10 n(1 − p) ≥ 10 Onp > 10 Uo is unknown o is known On(p) > 10 + 25 outliers in the data ON > 20n no outliers in the data On > 30 or normal population Check those assumptions: 1. Is the value of o known?? V 2. Given the following modified boxplot (If using a screenreader, use technology to generate the modified boxplot and answer the question below.): 29.7336 39.628243.6952 48.9469 35 59.1724 40 30 45 50 economic dynamism in dollars or S How can we identify outliers on a modified boxplot? Select an answer 60
Transcribed Image Text:A: Assumptions • Since Select an answer information was collected from each object, what conditions do we need to check? Check all that apply. On(1-p) ≥ 10 n(1 − p) ≥ 10 Onp > 10 Uo is unknown o is known On(p) > 10 + 25 outliers in the data ON > 20n no outliers in the data On > 30 or normal population Check those assumptions: 1. Is the value of o known?? V 2. Given the following modified boxplot (If using a screenreader, use technology to generate the modified boxplot and answer the question below.): 29.7336 39.628243.6952 48.9469 35 59.1724 40 30 45 50 economic dynamism in dollars or S How can we identify outliers on a modified boxplot? Select an answer 60
How can we identify outliers on a modified boxplot? | Select an answer Are there any outliers? Select an answer 3. n= Is it reasonable to assume the population is normally distributed? Select an answer N: Name the procedure The conditions are met to use a Select an answer I: Interval and point estimate The symbol and value of the point estimate are as follows: (Round answer to 4) ?v= which is ? ✓ C: Conclusion The interval estimate for ? is as follows: (Round endpoints to 4 decimal places and use units exactly as stated in the problem) • We are Select an answer dollars or $ % confident that dollars or $ and dollars or $ ✓is between
Transcribed Image Text:How can we identify outliers on a modified boxplot? | Select an answer Are there any outliers? Select an answer 3. n= Is it reasonable to assume the population is normally distributed? Select an answer N: Name the procedure The conditions are met to use a Select an answer I: Interval and point estimate The symbol and value of the point estimate are as follows: (Round answer to 4) ?v= which is ? ✓ C: Conclusion The interval estimate for ? is as follows: (Round endpoints to 4 decimal places and use units exactly as stated in the problem) • We are Select an answer dollars or $ % confident that dollars or $ and dollars or $ ✓is between
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