The director of a Masters' program wants to assess the average IQ of her students. A sample
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The director of a Masters' program wants to assess the average IQ of her students. A sample of 18 students yields the following results:
130, 122, 119, 142, 136, 127, 120, 152, 141 132, 127, 118, 150, 141, 133, 137, 129, 142
• Build a 95% confidence interval for the average IQ.
• Assuming that IQ is normally distributed, how would you estimate the probability that IQ is larger than 130? What if you do not want to assume normality? Compare the two approaches.
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Related Book For
Quantitative Methods An Introduction For Business Management
ISBN: 1579
1st Edition
Authors: Paolo Brandimarte
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