In a survey, 122 statistics students were asked how many siblings they have, and the results are
Question:
In a survey, 122 statistics students were asked how many siblings they have, and the results are the shown in the dotplot. The mean number is 2.172 siblings and the standard deviation is 1.328 siblings. We will assume the 122 students surveyed are representative of all the students at the school.
a. Describe the parameter estimated by the students.
b. Verify the validity conditions for a theory-based confidence interval.
c. Use the Theory-Based Inference applet to construct a 95% confidence interval and interpret it in the context of the problem.
Transcribed Image Text:
2 4 Siblings 6 00 8
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
a The average number of siblings for all students at this sc...View the full answer
Answered By
Saikumar Ramagiri
Financial accounting:- Journal and ledgers, preparation of trail balance and adjusted trail balance Preparation of income statement, retained earning statement and balance sheet Banks reconciliation statements Financial statement analysis Cash flow statement analysis (both direct and indirect methods) All methods of Depreciations Management Accounting:- Ratios Budgeting control Cash budget and production budget Working capital management Receivable management Costing:- Standard and variance costing Marginal costing and decision making Cost-volume-profit analysis Inventory management (LIFO, FIFO) Preparation and estimation of cost sheet Portfolio management:- Calculation of portfolio standard deviation or risk Calculation of portfolio expected returns CAPM, Beta Financial management:- Time value of money Capital budgeting Cost of capital Leverage analysis and capital structure policies Dividend policy Bond value calculations like YTM, current yield etc International finance:- Derivatives Futures and options Swaps and forwards Business problems Finance problems Education (mention all your degrees, year awarded, Institute/University, field(s) of major): Education Qualification Board/Institution/ University Month/Year of Passing % Secured OPTIONALS/ Major ICWAI(inter) ICWAI inter Pursuing Pursuing - M.com(Finance) Osmania University June 2007 65 Finance & Taxation M B A (Finance) Osmania University Dec 2004 66 Finance & Marketing. B.Com Osmania University June 2002 72 Income Tax, Cost & Mgt, Accountancy, Auditing. Intermediate (XII) Board of Intermediate May 1999 58 Mathematics, Accountancy, Economics. S S C (X) S S C Board. May 1997 74 Mathematics, Social Studies, Science. Tutoring experience: • 10 year experience in online trouble shooting problems related to finance/accountancy. • Since 6 Years working with solution inn as a tutor, I have solved thousands of questions, quick and accuracy Skills (optional): Technical Exposure: MS Office, SQL, Tally, Wings, Focus, Programming with C Financial : Portfolio/Financial Management, Ratio Analysis, Capital Budgeting Stock Valuation & Dividend Policy, Bond Valuations Individual Skills : Proactive Nature, Self Motivative, Clear thought process, Quick problem solving skills, flexible to complex situations. Achievements : 1. I have received an Award certificate from Local Area MLA for the cause of getting 100% marks in Accountancy during my Graduation. 2. I have received a GOLD MEDAL/Scholarship from Home Minister in my MBA for being the “Top Rank student “ of management institute. 3. I received numerous complements and extra pay from various students for trouble shooting their online problems. Other interests/Hobbies (optional): ? Web Surfing ? Sports ? Watching Comics, News channels ? Miniature Collection ? Exploring hidden facts ? Solving riddles and puzzles
4.80+
391+ Reviews
552+ Question Solved
Related Book For
Introduction To Statistical Investigations
ISBN: 9781119683452
2nd Edition
Authors: Beth L.Chance, George W.Cobb, Allan J.Rossman Nathan Tintle, Todd Swanson Soma Roy
Question Posted:
Students also viewed these Business questions
-
A group of college students were asked how many hours per week they exercise.34 The answers given by 12 men were as follows: The answers given by 13 women were as follows: (a) Construct parallel...
-
Statistics students were asked how many minutes of television they watched on the previous day. The results, in minutes, are shown in the 6.1.24 histograms, for the males in the top histogram and the...
-
In 1999, 4,860 TANF recipients were asked how many hours they worked in the previous week. In 2000, 4,392 of these recipients were again subject to the same TANF rules and were again asked their...
-
Simplify each expression. Assume that all variables represent nonzero real numbers. 52
-
How would you describe the four areas that a properly executed feasibility analysis explores?
-
Have each group of four listen to the two conversations, stopping the tape when necessary to provide feedback to the two individuals involved. Each participant begins to complete his or her...
-
Family size. The Census Bureau gives this distribution for the number of people in American families in 2006: Family size: 2 3 4 5 6 7 Proportion: 0.45 0.23 0.19 0.09 0.03 0.02 Chapter 20 Exercises...
-
Albertson's Locksmith Corporation started operations on January 1, 2010. Albertson's estimates uncollectibles using the percentage-of-credit-sales method. The following information pertains to the...
-
During 2019, Pepe Guardio purchases the following property for use in his calendar year-end manufacturing business: Manufacturing equipment(7 year) June 2 $40,000 Offic furniture September 15 $6,000
-
Jon Fulkerson has also received a credit application from Seether, LLC, a private company. An abbreviated portion of the financial information provided by the company is shown below: Total assets...
-
IPSOS opinion and public research company surveyed 2,010 adult Americans and found that, on average, Americans have visited 12 states in the United States. In a survey of 136 statistics students at...
-
The Exercise 3.1.24 gave the results of the poll where 64% of a sample of 2,737 adult Americans reported drinking at least one cup of coffee per day. Use the One Proportion applet, repeatedly testing...
-
Wagging tails, hypothesis-test decision making, and post hoc tests: Assume that we recruited a different sample of five dogs and attempted to replicate the Quaranta and colleagues (2007) study...
-
Jimmy Joe-Bob Hicky is the district commander for the mostly-rural Spud Valley highway patrol district in western Idaho. Hes attempting to assign highway patrol cars to different road segments in his...
-
Its important to have a holistic view of all the businesses combined and ensure that the desired levels of risk management and return generation are being pursued. Agree or disagree
-
(3pts each) During a trip to a casino, Adam Horovitz plays his favorite casino game 10 times. Each time he plays, he has a 41% chance of winning. Assume plays of the game are independent. a. What is...
-
An epidemiologist plans to conduct a survey to estimate the percentage of women who give birth. How many women must be surveyed in order to be 95% confident that the estimated percentage is in error...
-
Statement of financial position as at 31 December 2014 ASSETS Non-current assets Property, plant and equipment Delivery van at cost 12,000 Depreciation (2,500) 9,500 Current assets Inventories...
-
Exploration Graph y = x. Then on the same screen graph y = -x. What pattern do you observe? Now try y = 2x + 1 and y = 2(-x) + 1. What do you conclude?
-
A fuel pump sends gasoline from a car's fuel tank to the engine at a rate of 5.88 10-2 kg/s. The density of the gasoline is 735 kg/m3, and the radius of the fuel line is 3.18 10-3 m. What is the...
-
In the matched pairs tests done in this section: A. The explanatory and response variables are categorical. B. The explanatory and response variables are quantitative. C. The explanatory variable is...
-
Match the appropriate test of significance to each of the following research questions. 1. Testing a single proportion 2. Testing a single mean 3. Comparing two proportions 4. Comparing two means...
-
Match the appropriate test of significance to each of the following research questions. 1. Testing a single proportion 2. Testing a single mean 3. Comparing two proportions 4. Comparing two means...
-
When preparing government-wide financial statements, the modified accrual based governments funds are adjusted. Please show the adjustments (in journal entry form with debits and credits) that would...
-
I need help finding the callable price and call value
-
On 31 October 2022, the owner took goods for his son as a birthday gift. The cost price of the goods was R15 000
Study smarter with the SolutionInn App