Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Nov 03, 2021

Salaries of 32 college graduates who took a statistics course in college have a mean, x, of $64,600. Assuming a standard deviation, 6, of

Salaries of 32 college graduates who took a statistics course in college have a mean, x, of $64,600. Assuming a standard deviation, 6, of $14,236, construct a 90% confidence interval for estimating the population mean u. (Round to the nearest integer as needed.)

Step by Step Solution

★★★★★

3.44 Rating (157 Votes )

There are 3 Steps involved in it

Step: 1

SOLUTION given 64600 o 14236 n 32 c 090 3D ... 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

Step: 3

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

An Introduction to the Mathematics of financial Derivatives

Authors: Salih N. Neftci

2nd Edition

978-0125153928, 9780080478647, 125153929, 978-0123846822

More Books

Students also viewed these Mathematics questions

Question

★★★★★

salaries of 33 college graduates who took a statistics course in college have mean, x bar of 69,400. assuming a standard diviation, sigma, of 16,307 construct a 99% confidence interval for estimating...

Answered: 1 week ago

Question

★★★★★

Incomes of college graduates who took a statistics course State the type of graphic that you believe would be most appropriate for displaying the data, if they were available. Explain your choice.

Answered: 1 week ago

Question

★★★★★

Find the 90% confidence interval for estimating d based on these paired data and assuming normality. (Give your answers correct to one decimal place.) before 50 64 57 52 59 65 After 46 42 54 39 55 36...

Answered: 1 week ago

Question

★★★★★

M/s Active Builders Ltd. invested in the shares of another company (with an intention to hold the shares for short term period )on 31st October, 2016 at a cost of Rs.4,50,000. It also earlier...

Answered: 1 week ago

Question

★★★★★

Use the Checkpoint Federal Practice Area to answer the following questions: a. What are the thesaurus alternatives for like-kind? b. On the search screen, expand the FTC by clicking on the + before...

Answered: 1 week ago

Question

★★★★★

Situational interview questions can vary widely from position to position. You should know enough about a position to understand some of the typical situations you would encounter regularly. Use your...

Answered: 1 week ago

Question

★★★★★

3. How does the English criminal procedure deal with the accused person whose mental state is such that he/she may be "unfit to plead"? What safeguards are there to ensure that such persons are not...

Answered: 1 week ago

Question

★★★★★

Frankton Corporation has experienced difficult financial times for the past five years resulting in serious cash flow problems, negative earnings, and increasing deficits in retained earnings. The...

Answered: 1 week ago

Question

★★★★★

QUESTION 3 (34 marks; 53 minutes) Preparation of journal entries and financial statements Mitka Inc. reported the following accounts and balances in its unadjusted trial balance as at December 31,...

Answered: 1 week ago

Question

★★★★★

You have been assigned to analyze the year-end inventory of Dynomil Company. This company sells three items of inventory and tracks of the average purchase cost and average selling price each month....

Answered: 1 week ago

Question

★★★★★

Receiveables_Assignment - Saved References Mailings Review View Help Table Design Layout Receivables and Interest Assignment Last name: Bad Debt Expense and the Allowance for Bad Debts Assume you are...

Answered: 1 week ago

Question

★★★★★

Write A Memo For The Following Scenario. Decide Who The Memo Should Be Sent To And What The Subject Of The Message Is. Add Your Own Information To The Body Of The Memo You Are An Administrative...

Answered: 1 week ago

Question

★★★★★

A teacher wants to figure out how quickly a student can complete routine adding and subtracting problems in one minute. which method of graphing would be most beneficial to help her determine which...

Answered: 1 week ago

Question

★★★★★

What is the DSM-5-TR Diagnosis for Clinical Case below? Clinical Case: Frazier Archer was a 34-year-old single white man who called a mood and personality disorders research program because an...

Answered: 1 week ago

Question

★★★★★

Meeting privately with Carl and Amy, Daniel told each of them, "I understand how strongly you feel about this situation both the light rail itself and the other issues that it brings up for you about...

Answered: 1 week ago

Question

★★★★★

Describe a time when a message you sent was misunderstood or failed to engage the intended audience. Next, use the module resources or other outside sources to locate two strategies for reaching...

Answered: 1 week ago

Question

★★★★★

Transaction Miscellaneous expenses were $1,700, all paid for with cash. Account: Dollar amount: Dollar amount: Account: Account: Dollar amount: Dollar amount: Account

Answered: 1 week ago

Question

★★★★★

SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Sanchez Welding and Manufacturing Company. Prepare a schedule of cost of goods manufactured for the year ended...

Answered: 1 week ago

Question

★★★★★

Suppose you are given the following data: Risk-free interest rate is 6% The stock price follows: dSt = St + StdWt Volatility is 12 % a year The stock pays no dividends anti the current stock price...

Answered: 1 week ago

Question

★★★★★

You are given the following information concerning a stock denoted by St (1) Current value =102. (2) Annual volatility = 30%. (3) You are also given the spot rate r = 50%, which is known to constant...

Answered: 1 week ago

Question

★★★★★

Let H be a Wiener process. Consider the geometric process S again: (a) Calculate dS t . (b) What is the ?expected rate of change? of S t ? (c) If the exponential term in the definition of S t , did...

Answered: 1 week ago

Question

★★★★★

Business Week recently reported that L. G. Philips LCD Co. would complete a new factory in Paju, South Korea. It will be the worlds largest maker of liquid-crystal display panels. The arrival of the...

Answered: 1 week ago

Question

★★★★★

The following table exhibits base salary data obtained from a survey of over 170 benchmark positions, including finance positions. It reports the salaries of a sample of 25 chief finance officers for...

Answered: 1 week ago

Question

★★★★★

Suppose a random sample of 137 households in Detroit was taken as part of a study on annual household spending for food at home. The sample data are contained in the file Detroit Eats. a. For the...

Answered: 1 week ago

Previous Question Next Question