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1) Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 99% confidence
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Listed below are the amounts of net worth (in millions of dollars) of the ten wealthiest celebrities in a country. Construct a 99% confidence interval. What does the result tell us about the population of all celebrities? Do the data appear to be from a normally distributed population as required? 249 214 195 167 164 155 152 152 147 147 What is the confidence interval estimate of the population mean ? $million 0.22 O D. Ho: p = 0.22 Hy: p# 0.22 Identify the test statistic for this hypothesis test The test statistic for this hypothesis test is |- 1.13 (Round to two decimal places as needed.) Identify the P-value for this hypothesis test. The P-value for this hypothesis test is 0.260] (Round to three decimal places as needed.) Identify the conclusion for this hypothesis test. O A. Reject Ho. There is not sufficient evidence to warrant rejection of the claim that the percentage of blue candies is equal to 22% O B. Fail to reject Ho. There is sufficient evidence to warrant rejection of the claim that the percentage of blue candies is equal to 22% O C. Fail to reject Ho. There is not sufficient evidence to warrant rejection of the claim that the percentage of blue candies is equal to 22% O D. Reject Ho. There is sufficient evidence to warrant rejection of the claim that the percentage of blue candies is equal to 22%Assume that the sample is a simple random sample obtained from a normally distributed population of IQ scores of statistics professors. Use the table below to find the minimum sample size needed to be 95% confident that the sample standard deviation s is within 40% of o. Is this sample size practical? o be 95% confident that s is 1% 5% 10% 20% 30% 40% 50% within of the value of o, the sample size 9,205 768 192 48 21 12 8 n should be at least o be 99% confident that s is 1% 5% 10% 20% 30% 40% within 50% of the value of o, the sample size 33,218 1,336 336 85 38 22 14 n should be at least The minimum sample size needed is 0.20. Is this sample size practical? O A. Yes, because the sample size is small enough to be practical for most applications. O B. Yes, because the sample size should be as large as possible for most applications. O C. No, because the sample size should be as small as possible for most applications. O D. No, because the sample size is excessively large to be practical for most applications.Which of the following is not a step in the procedure for two-way ANOVA to test for an interaction effect, an effect from the row factor, and an effect from the column factor? Choose the correct answer below. O A. If the conclusion is that there is no interaction effect, then proceed to test for the effect from the row factor and the effect from the column factor. O B. If the P-value is large, reject the null hypothesis of no interaction. Conclude that there is an interaction effect. O C. If the P-value is small, reject the null hypothesis of no interaction. Conclude that there is an interaction effect. O D. Begin by testing the hypothesis that there is no interaction between the two factors.Which of the following is not a requirement for testing a claim about a population with e not known? Choose the correct answer below. @I A. The population mean, p, is equal to '1. O B. The sample is a simple random sample. C) C. Either the population is normally distributed or n > 30 or both. C) D. The value of the population standard deviation is not knownStep by Step Solution
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