Answer:
X[bar]= 115
Step-by-step explanation:
Hello!
Every Confidence interval to estimate the population mean are constructed following the structure:
"Estimator" ± margin of error"
Wich means that the intervals are centered around the sample mean. To know the value of the sample mean you have to make the following calculation:
= 115
Since both intervals were calculated with the information of the same sample, you can choose either to calculate the sample mean.
I hope it helps!
Answer:
a) The probability that a new college graduate in business will earn a starting salary of at least $65,000 is P=0.22965 or 23%.
b) The probability that a new college graduate in health sciences will earn a starting salary of at least $65,000 is P=0.11123 or 11%.
c) The probability that a new college graduate in health sciences will earn a starting salary of less than $40,000 is P=0.14686 or 15%.
d) A new college graduate in business have to earn at least $77,133 in order to have a starting salary higher than 99% of all starting salaries of new college graduates in the health sciences.
Step-by-step explanation:
<em>a. What is the probability that a new college graduate in business will earn a starting salary of at least $65,000?</em>
For college graduates in business, the salary distributes normally with mean salary of $53,901 and standard deviation of $15,000.
To calculate the probability of earning at least $65,000, we can calculate the z-value:
The probability is then
The probability that a new college graduate in business will earn a starting salary of at least $65,000 is P=0.22965 or 23%.
<em>b. What is the probability that a new college graduate in health sciences will earn a starting salary of at least $65,000?</em>
<em />
For college graduates in health sciences, the salary distributes normally with mean salary of $51,541 and standard deviation of $11,000.
To calculate the probability of earning at least $65,000, we can calculate the z-value:
The probability is then
The probability that a new college graduate in health sciences will earn a starting salary of at least $65,000 is P=0.11123 or 11%.
<em>c. What is the probability that a new college graduate in health sciences will earn a starting salary less than $40,000?</em>
To calculate the probability of earning less than $40,000, we can calculate the z-value:
The probability is then
The probability that a new college graduate in health sciences will earn a starting salary of less than $40,000 is P=0.14686 or 15%.
<em />
<em>d. How much would a new college graduate in business have to earn in order to have a starting salary higher than 99% of all starting salaries of new college graduates in the health sciences?</em>
The z-value for the 1% higher salaries (P>0.99) is z=2.3265.
The cut-off salary for this z-value can be calculated as:
A new college graduate in business have to earn at least $77,133 in order to have a starting salary higher than 99% of all starting salaries of new college graduates in the health sciences.
Answer:
Radius: 8
Circumference: 50.27
πr^2 = Area of circle
201.06 = πr^2
divide by pi
201.06 / π = 63.9993857161 = 64
64 = r^2
Square root both sides to get radius.
= 8
r = 8
Circumference = π x diameter
Diameter = 2 x radius
Circumference = π x 16 = 50.2654824574 = 50.27