Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Question: A random sample of 25 students taken from a university gave the variance of their GPAs equal to .19.

a. Construct the 99% confidence intervals for the population variance and standard deviation. Assume that the GPAs of all students at this university are (approximately) normally distributed.

b. The variance of GPAs of all students at this university was .13 two years ago. Test at the 1% significance level whether the variance of current GPAs at this university is different from .13.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92493223
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Suppose that 20 of men p20 and 15 of women p 15 are

Suppose that 20% of men (P=.20) and 15% of women (P= .15) are carriers of a particular genetic trait. That trait can only be inherited by a child if both parents are carriers. What is the probability that a child is born ...

If net income in 2012 956 and if the following changes

If net income in 2012 = $956, and if the following changes occur between 2011 and 2012, compute Net Cash Flow from Operating Activities for 2012: Accounts receivable change from $157 to $237 Gross fixed assets change fro ...

A hypothetical population consists of eight individuals

A hypothetical population consists of eight individuals ages 13, 15, 17, 21, 22, 23, 26, and 30 years. (Enter your answers to three decimal places.) (a) What is the probability that a person in this population is a teena ...

Te number of accidents in a day in town a is given by x

The number of accidents in a day in town A is given by X , and the number of accidents in a day in town B is given by  Y . The joint probability function for  X   and  Y Y is  f ( x , y )=964 x ! y !   for  x =0,1,2,3 an ...

According to geico less than 25 of auto accidents involve

According to GEICO less than 25% of auto accidents involve teenagers. According to Maryland records 100 of 500 auto accidents involved teenagers. Using a 0.05 significance level, answer the following: a. What is the appr ...

A coin is biased so that the probability of obtaining heads

A coin is biased so that the probability of obtaining heads is ¾, What is the probability of obtaining at least three heads in four tosses of the coin?

Anbsphow much money would you have to invest today to

a.  How much money would you have to invest today to accumulate ?$3,100   after  4 years  if the rate of return on your investment is 15?%? b.  What is the present value of ?$3,100 that you will receive after 4 years if ...

A sample of 189 randomly selected students found that the

A sample of 189 randomly selected students found that the proportion of students planning to travel home for Thanksgiving is 0.66. What is the Standard Deviation of the sampling distribution?

Strip mining inc can develop a new mine at an initial cost

Strip Mining Inc. can develop a new mine at an initial cost of $11 million. The mine will provide a cash flow of $39 million in 1 year. The land then must be reclaimed at a cost of $32 million in the second year. a.  Wha ...

Innbspmid-2009 rite aid hadnbspccc-ratednbsp20-year bonds

In? mid-2009, Rite Aid had? CCC-rated, 20-year bonds outstanding with a yield to maturity of 17.3%. At the? time, similar maturity Treasuries had a yield of 5%. Suppose the market risk premium is 4% and you believe Rite? ...

  • 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