You may need to use the appropriate appendix table or technology to answer this question.After deducting grants based on need, the average cost to attend the University of Southern California (USC) is $27,175. Assume the population standard deviation is $7,400. Suppose that arandom sample of 68 USC students will be taken from this population.(a) What is the value of the standard error of the mean? (Round your answer to the nearest whole number.)(b) What is the probability that the sample mean will be more than $27,175?(c) What is the probability that the sample mean will be within $1,000 of the population mean? (Round your answer to four decimal places.)(d) What is the probability that the sample mean will be within $1,000 of the population mean if the sample size were increased to 100? (Round your answer to four decimal places.)

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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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You may need to use the appropriate appendix table or technology to answer this question. Money reports that the average annual cost of the first year of owning and caring for a large dog in 2017 is $1,448. The Irish Red and White Setter Association of America has requested a study to estimate the annual first-year cost for owners of this breed. A sample of 50 will be used. Based on past studies, the population standard deviation is assumed known with o = $245. 1,902 2,042 1,936 1,817 1,504 1,572 1,532 1,907 1,882 2,153 1,945 1,335 2,006 1,516 1,839 1,739 1,456 1,958 1,934 2,094 1,739 1,434 1,667 1,679 1,736 1,670 1,770 2,052 1,379 1,939 1,854 1,913 2,163 1,737 1,888 1,737 2,230 2,131 1,813 2,118 1,978 2,166 1,482 1,700 1,679 2,060 1,683 1,850 2,232 2,294 (a) What is the margin of error for a 95% confidence interval of the mean cost in dollars of the first year of owning and caring for this breed? (Round your answer to nearest cent.) (b) The DATAfile Setters contains data collected…
2. The mean of a statistics examination is 77.0. a. If your score is 85, would you prefer the standard deviation to be large or small for purposes of getting a better grade? Why? b. If your score is 69, would you prefer the standard deviation to be large or small? Why?
Please help me with the following question.
Consider the data from the Anthropology 105 class. The mean for women is 64.33 in and the standard deviation is 2.64 in. The average height of men in the US is approximately 5ft 10in. What proportion of women represented here are shorter than the average man?
Now suppose that the true mean exposure time is different from 8h/day, yet the sample mean falls in the acceptance region. In this case we would fail to reject H0 when it is false. This type of wrong conclusion is called a A. type II error B. type I error C. no error D. statistically significant
A marketing specialist wants to estimate the average amount spent by visitors to an online retailer's newly-designed website. From the data in a preliminary study she guesses that the standard deviation of the amount spent is about 14 dollars. Question 1. How large a sample should she take to estimate the mean amount spent to within 5 dollars with 95% confidence? (Round your answer up to the next largest integer).
Suppose there is a city where the mean cost per month of a one-bedroom apartment is $1,500, with a standard deviation of $250. Approximately what percentage of one-bedroom apartments in the city cost between $750 and $1,000?
The mean score for first exam in your first organic chemistry class (section A) was 60, with a standard deviation of 5. Your score on the exam was 70. A. How many standard deviations above the mean is your score?
On an intelligence test, the mean number of raw items correct is 236 and the standard deviation is 39. What are the raw (actual) scores on the test for people with IQs of (a) 119, (b) 81, and (c)100? To do this problem, first figure the Z score for the particular IQ score; then use that Z score to find the raw score. Note that IQ scores have a mean of 100 and a standard deviation of 15. (a) What is the raw (actual) score on the test for people with an IQ of 119?
You may need to use the appropriate appendix table or technology to answer this question. After deducting grants based on need, the average cost to attend the University of Southern California (USC) is $27,175. Assume the population standard deviation is $7,400. Suppose that a random sample of 62 USC students will be taken from this population. (a) What is the value of the standard error of the mean? (Round your answer to the nearest whole number.) (b) What is the probability that the sample mean will be more than $27,175? (c) What is the probability that the sample mean will be within $1,000 of the population mean? (Round your answer to four decimal places.) (d) What is the probability that the sample mean will be within $1,000 of the population mean if the sample size were increased to 100? (Round your answer to four decimal places.)
You want to obtain a sample to estimate a population mean. Based on previous evidence, you believe the population standard deviation is approximately 79.8. You would like to be 95% confident that your estimate is within 5 of the true population mean. How large of a sample size is required?
Solve the following. Show the complete solution. 1. The daily income of bank auditors in SSS Commercial Bank is normally distributed with a mean ₱675 and a standard deviation of ₱50. What is the z value for the income X of a bank auditor who earns ₱750 daily? For an auditor who earns ₱550 daily? 2. The length of time needed for service a motorcycle at ETS Service Station is normally distributed with a mean of 6.5 minutes and standard deviation of 1.5 minutes. What is the probability that a randomly selected motorcycle will require more than 7 minutes of service or under 5.5.minutes of service?

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