Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Over the lockdown period both John and Jane were getting very bored, so they looked at their old university books and decided to consider some

image text in transcribed
image text in transcribed
Over the lockdown period both John and Jane were getting very bored, so they looked at their old university books and decided to consider some of the questions they were asked to calculate during their seminars Jane asks John to calculate the numbers of the questions below and explain to their mother, who is an artist what these numbers mean Assume you are John and answer Janes questions a) Given the following sample data * = 15.s? = 270 n = 150 Where x bar is the sample mean, s squared is the sample variance and n is the sample size. Test the Null Hypothesis that the true mean is equal to 12, against a two sided alternative. Use the 5% significance level. b) The IQ (the intelligence quotient) of the whole population is Normally distributed with mean 100 and standard deviation 16 i What proportion of the population has an IQ above 1302 ii. What proportion of the population has IQ between 90 and 110? ili. In the past, about 10% of the population went to university Now the population is about 30% What was the IQ of the "marginal" student in I the past? What is it now? (30 marks)

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

World Investment Report 2021 Investing In Sustainable Recovery

Authors: United Nations Publications

1st Edition

9211130174,9210054636

More Books

Students also viewed these Finance questions