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ASHA 777 [7]
3 years ago
11

Construct a 99% confidthence interval for the population mean .Assume the population has a normal distribution. A group of 19 ra

ndomly selected employees has a mean age of 22.4 years with a standard deviation of 3.8 years. Round to the nearest tenth.
A) Determine the critical value ta/2 with n-the 1 degrees of freedom
B) Determine the lower and upper bound of the confidence interval
C) Interpret the confidence interval.
Mathematics
1 answer:
Kobotan [32]3 years ago
5 0
<h2>Answer with explanation:</h2>

Confidence interval for mean, when population standard deviation is unknown:

\overline{x}\pm t_{\alpha/2}\dfrac{s}{\sqrt{n}}

, where \overline{x} = sample mean

n= sample size

s= sample standard deviation

t_{\alpha/2} = Critical t-value for n-1 degrees of freedom

We assume the population has a normal distribution.

Given, n= 19 , s= 3.8 , \overline{x}=22.4

\alpha=1-0.99=0.01

A) Critical t value for \alpha/2=0.005 and degree of 18 freedom

t_{\alpha/2} = 2.8784

B) Required confidence interval:

22.4\pm ( 2.8744)\dfrac{3.8}{\sqrt{19}}\\\\=22.4\pm2.5058\\\\=(22.4-2.5058,\ 22.4+2.5058)=(19.8942,\ 24.9058)\approx(19.9,\ 24.9)

Lower bound = 19.9 years

Uppen bound = 24.9 years

C) Interpretation: We are 99% confident that the true population mean of lies in (19.9, 24.9) .

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Answer:

The amount invested in the mutual fund that earned 5% was $1,000

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Step-by-step explanation:

Let

x ----> the amount invested in the mutual fund that earned 5%

y ----> the amount invested in the mutual fund that earned 3%

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3\%=3/100=0.03

0.05x+0.03y=104 ----> equation B

Solve the system by substitution

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Solve for x

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0.02x=20

x=\$1,000

<em>Find the value of y</em>

y=2,800-x

y=2,800-1,000=\$1,800

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The amount invested in the mutual fund that earned 5% was $1,000 and the amount invested in the mutual fund that earned 3% was $1,800

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The area of a rectangle increased by seven is the same as for less than twice the area of the rectangle. Right and solve an equa
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