Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Q1) Determine 95% confidence interval of true difference in the means. Sociologist wish to determine if life expectancy of people in Africa is less than life expectancy of people in Asia.  Data obtained is shown in table below.  Use α = 0.05

 

Africa

Asia

 X‾

55.3

65.2

σ

8.1

9.3

N

53

42

a) -13.46 <µ1 - µ2 <-6.34

b) -16.33 <µ1 - µ2 <-5.98

c) -12.16 <µ1 - µ2 <-6.86

d) -11.35 <µ1 - µ2 <-7.58

2) In comparing two variances below, determine test value and what are degrees of freedom that must be used?

 

Variance

Number of values

Sample 1

6

18

Sample 2

11

29

a) Test value = 1.83, degrees of freedom = 18 and 29

b) Test value = 1.83, degrees of freedom = 17 and 28

c) Test value = 0.55, degrees of freedom = 18 and 29

d) Test value = 0.55, degrees of freedom = 17 and 28

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9169639

Have any Question?


Related Questions in Statistics and Probability

1 explain the meaning of the following termslocation

1) Explain the meaning of the following terms: Location Quotient Coefficient of Specialization Coefficient of Localization 2) Explain and contrast the z-score and the coefficient of variation. 3) Define and describe the ...

On valentines day thenbspquiet nooknbsprestaurant offers

On Valentine's Day the  Quiet Nook  restaurant offers a  Lucky Lovers Special  that could save couples money on their romantic dinners. When the waiter brings the check he also brings a scratch-off ticket that the couple ...

John plans to take three suits on his business trip if john

John plans to take three suits on his business trip. If John owns 8 suits, how many ways can the 3 suits be selected?

Project q costs 240 it provides inflows of 120 per year for

Project Q costs 240. It provides inflows of 120 per year for three years. The cost of funds is 6%. Find the replacement chain value needed to compare it to a six year project.

The acme insurance company has two types of customers

The ACME Insurance Company has two types of customers, careful and reckless. A careful customer has an accident during the year with probability 0.01. A reckless customer has an accident during the year with probability ...

The torval company made a credit sale of 15000 the invoice

The Torval Company made a credit sale of $15,000. The invoice was sent today with the terms, 3/15 net 60. This customer normally pays at the net date. If your opportunity cost of funds is 9% the expected payment is worth ...

Abbb-rated corporate bond has a yield to maturity of 128

A? BBB-rated corporate bond has a yield to maturity of 12.8 %. A U.S. treasury security has a yield to maturity of 11.4 %. These yields are quoted as APRs with semiannual compounding. Both bonds pay? semi-annual coupons ...

Suppose that a fair 6 sided die is rolled let x indicate

Suppose that a fair, 6 sided die is rolled. Let X indicate the event that an odd number is rolled (in other words, X = 1 if an odd number is rolled and X = 0 otherwise). Let Y indicate the event that 2, 3, or 4 is rolled ...

The companys cleaning service states that they spend more

The company's cleaning service states that they spend more than 46 minutes each time the cleaning service is there. The company times the length of 37 randomly selected cleaning visits and finds the average is 47.6 minut ...

Assignment -a dashboard-type report for the case study you

Assignment - A dashboard-type report for the case study. You may use Excel or Tableau. The data analysis should be improved from Assignment 1 based on the feedback received and further tools and techniques you learnt in ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As