Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A simple random sample of 8 employees of a corporation provided the following information. Employee 1 2 3 4 5 6 7 8 Age 21

A simple random sample of 8 employees of a corporation provided the following information.

Employee 1 2 3 4 5 6 7 8
Age 21 37 26 44 50 52 25 22
Gender M W W M W M W M

(a)Determine the point estimate for the average age of all employees.

(b)What is the point estimate for the standard deviation of the population? (Round your answer to four decimal places.)

(c)Determine a point estimate for the proportion of all employees who are female.

0.5

A is NOT 32.5

B is NOT 22.0114

PLEASE ROUND B TO 4 DECIMAL PLACES

Answer C is correct its 0.5

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

Power And Plenty Trade, War, And The World Economy In The Second Millennium

Authors: R Findlay, Ronald Findlay

1st Edition

0691143277, 9780691143279

More Books

Students also viewed these Economics questions

Question

Why is it important to analyze your spending habits?

Answered: 1 week ago

Question

1. Let a, b R, a Answered: 1 week ago

Answered: 1 week ago

Question

How can speakers manage speaking anxiety?

Answered: 1 week ago

Question

To what extent is public speaking similar to conversation?

Answered: 1 week ago