1, 1, 1, 1, 4, 7, 7
Median (middle) = 1
Mode (most common) = 1
Range (largest# minus smallest#) = 6
5, 10, 10, 15, 15, 15, 20
Median = 15
Mode = 15
Range = 15
Let x be a random variable representing the price of a Congo-imported black diamond. Let the higher price be p. Then,
P(x < p) = P(x < (p - mean)/sd) = P(x < (p - 60,430)/21,958.08) = P(z < 2)
Therefore,
(p - 60,430)/21,958.08 = 2
p - 60,430 = 2 x 21,958.08 = 43,916.16
p = 34,916.16 + 60,430 = 104.346.16
Therefore, The required price is $104,346.16
Check the picture below.
keeping in mind that a cube is just a rectangular prism with all equal sides.
Answer:
The value of test statistic is 1.338
Step-by-step explanation:
We are given the following in the question:
Population mean, μ = 16.000
Sample mean, = 16.218
Sample size, n = 22
Alpha, α = 0.05
Sample standard deviation, s = 0.764
First, we design the null and the alternate hypothesis
We use one-tailed t test to perform this hypothesis.
Formula:
Putting all the values, we have
Thus, the value of test statistic is 1.338