A distribution of bootstrap means for commuting times in St. Louis is given in Figure 5.13. As
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Figure 5.13
Exercise 5.36
A bootstrap distribution of mean commute times (in minutes) based on a sample of 500 St. Louis workers stored in CommuteStLouis is shown in Figure 5.13. The pattern in this dotplot is reasonably bell-shaped so we use a normal curve to model this distribution of bootstrap means. The mean for this distribution is 21.97 minutes and the standard deviation is 0.65 minutes. Based on this normal distribution, what proportion of bootstrap means should be in each of the following regions?
DistributionThe word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Statistics Unlocking The Power Of Data
ISBN: 9780470601877
1st Edition
Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock
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