1) Assume that the dataset is a population sample and that each number corresponds to a given student's daily expenditure. Now, I 'm interested in average population , i.e. mean of Harward student spending. The question, however, is that I do not have the full data on the population. What is your estimator and estimate of the population mean?
[4 5 5 2 4 4 6 3 3 7 5 3 6 3 4 4 6 5 4 5 3 7 5 5 4 2 6 5 6 6] |
1) Assume that the dataset is a population sample and that each number corresponds to a...
Assume that a sample is used to estimate a population mean μμ. Find the margin of error M.E. that corresponds to a sample of size 24 with a mean of 24.2 and a standard deviation of 5.5 at a confidence level of 99.8%. Report ME accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. = Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.
Assume that a sample is used to estimate a population proportion μμ. Find the margin of error M.E. that corresponds to a sample of size 627 with a mean of 24.4 and a standard deviation of 5.7 at a confidence level of 98%. Report ME accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. = Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.
Assume that a sample is used to estimate a population proportion μμ. Find the margin of error M.E. that corresponds to a sample of size 748 with a mean of 49.5 and a standard deviation of 5.5 at a confidence level of 99.5%. Report ME accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. = Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.
And construct a 95% confidence interval for the population mean for sample B 8.2.13-1 95% confidence interval for the population mean for each of the samples below plain why these Assuming that the population is normally distributed, construct a two samples produce differen t confidence intervals even though they have the same mean and range Full dataset SampleA: 1 1 4 4 5 5 8 8 Sample B: 1 2 3 45 6 7 8 Construct a 95% confidence interval...
where p denote the population mean of the original random variable 5.7 Problems . Assume X is a normally distributed random variable with mean u and stan- dard deviation σ. A sample of size n-5 from this distribution is given as 1. Assume we are interested in the properties of the mean of the sam- pling distribution of the sample mean. Describe why this quantity is a 2. State an estimator for the parameter given in question 1. Use this...
Hypothesis testing regarding the equality of 2 population means: DATA SET: [4 55 73 4 4 6 4 615 6 6 4 16 8 646 655556 3 78] 1) Take the average of the first three numbers in the first part of your dataset and let's call it 'c'. Test the hypothesis that the difference between 2 population means is equal to 'd'. Choose 5% level of significance and perform the test using critical value approach. Moreover, you have to...
Assume that a sample is used to estimate a population mean u. Find the margin of error M.E. that corresponds to a sample of size 6 with a mean of 20.1 and a standard deviation of 14.5 at a confidence level of 99%. Report ME accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. = Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.
Assume that a sample is used to estimate a population mean μ. Find the margin of error M.E. that corresponds to a sample of size 24 with a mean of 51.6 and a standard deviation of 10.5 at a confidence level of 99%. Report M.E. accurate to one decimal place because the sample statistics are presented with this accuracy. Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.
Assume that a sample is used to estimate a population mean μμ. Find the margin of error M.E. that corresponds to a sample of size 22 with a mean of 21.3 and a standard deviation of 19.4 at a confidence level of 99.5%. Report ME accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. = Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.
Assume that a sample is used to estimate a population mean μμ. Find the margin of error M.E. that corresponds to a sample of size 10 with a mean of 59.3 and a standard deviation of 9.1 at a confidence level of 99.9%. Report ME accurate to one decimal place because the sample statistics are presented with this accuracy. M.E. = Answer should be obtained without any preliminary rounding. However, the critical value may be rounded to 3 decimal places.