Exercise 55 Here are the data from the researcher studying the reaction times of rats. He has
Question:
Exercise 55
Here are the data from the researcher studying the reaction times of rats. He has a requirement that the maze take about a minute to complete on average.
? ? ? ? ? Time (sec)38.4 .................... 57.646.2 .................... 55.562.5 .................... 49.538.0 .................... 40.962.8 .................... 44.333.9 .................... 93.850.4 .................... 47.935.0 .................... 69.252.8 .................... 46.260.1 .................... 56.355.1
A student resampled the Maze times from Exercise 55 1000 times. The histogram shows the distributions of the means, and a summary of the quantiles is shown below it.
a) Find a 99% bootstrap confidence interval for the true mean time it takes to complete the maze.
b) Why is the sampling distribution slightly skewed to the right?
c) How does the skewness affect the confidence interval?
d) What does the confidence interval say about the hypothesis that it takes a minute on average?
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Step by Step Answer:
Business Statistics
ISBN: 9780134705217
4th Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman