Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3,4,5 pls John wishes to estimate the population mean salary of college graduates who took a statistics course in college. How many college graduates must

3,4,5 pls

image text in transcribed
John wishes to estimate the population mean salary of college graduates who took a statistics course in college. How many college graduates must he survey? Assume that the population standard deviation is known to be $1,226, and he wants to be 90% confident that the sample mean is within $174 of the true population mean. D Question 4 2 pts Salaries of 11 college graduates who took a statistics course in college have a mean of $89,436 and a standard deviation of $1,351. Construct a 98% confidence interval for estimating the population standard deviation. Enter the upper bound of the confidence interval. (Round your answer to nearest whole dollar.) D Question 5 2 pts John wishes to estimate the population standard deviation of salary of college graduates who took a statistics course in college. How many college graduates must he survey? Assume that he wants to be the sample standard deviation to be within 40% of the population standard deviation and to be 99% confident of that statement

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finite Math And Applied Calculus

Authors: Stefan Waner, Steven Costenoble

2nd Edition

0534366309, 9780534366308

More Books

Students also viewed these Mathematics questions

Question

Evaluate 3x - x for x = -2 Answer:

Answered: 1 week ago

Question

1. Explain how business strategy affects HR strategy.

Answered: 1 week ago