Question

A company seeks to employ a new public relations manager. The hiring committee surveys 8 public...

A company seeks to employ a new public relations manager. The hiring committee surveys 8 public relations managers and finds the average salary is $97459.666 with standard deviation of $1441.3964. What is the 95% confidence interval for the true average public relations manager salary?

Question 2 options:

1)

( 96254.628 , 98664.704 )

2)

( 97457.301 , 97462.031 )

3)

( 96284.504 , 98634.828 )

4)

( -96254.628 , 98664.704 )

5)

( 96950.055 , 97969.277 )

Suppose you want to determine the average height of college basketball players in NCAA Division I. In a random sample of 12 players, the sample average is 73.934 inches with a standard deviation of 3.7795 inches. What is the 90% confidence interval for the average height of all NCAA D-I players?

Question 3 options:

1)

( 72.138 , 75.73 )

2)

( 71.975 , 75.893 )

3)

( 72.843 , 75.025 )

4)

( 71.99 , 75.878 )

5)

( -71.975 , 75.893 )

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A company seeks to employ a new public relations manager. The hiring committee surveys 10 public...
A company seeks to employ a new public relations manager. The hiring committee surveys 10 public relations managers and finds the average salary is $104652.343 with standard deviation of $1762.4067. What is the 95% confidence interval for the true average public relations manager salary? Question 1 options: 1) ( 104650.081 , 104654.605 ) 2) ( -103391.593 , 105913.093 ) 3) ( 104095.021 , 105209.665 ) 4) ( 103410.63 , 105894.056 ) 5) ( 103391.593 , 105913.093 ) Suppose you work...
You own a small storefront retail business and are interested in determining the average amount of...
You own a small storefront retail business and are interested in determining the average amount of money a typical customer spends per visit to your store. You take a random sample over the course of a month for 15 customers and find that the average dollar amount spent per transaction per customer is $119.375 with a standard deviation of $12.1991. Create a 95% confidence interval for the true average spent for all customers per transaction. Question 1 options: 1) (...
The University of Washington student-athletes on the women's teams compete in various NCAA-I sports. Each team...
The University of Washington student-athletes on the women's teams compete in various NCAA-I sports. Each team may be regarded as a random sample of all the NCAA-I athletes in that sport. The 14 players listed on the roster for the 2010-11 Women’s Basketball team had an average height of 69.76 inches with a standard deviation of 2.80 inches. Give a 90% confidence interval for the average height of NCAA-II women’s basketball players in that year. Write a one or two...
Sears is in the process of hiring a new Manager for its Monmouth Mall store and...
Sears is in the process of hiring a new Manager for its Monmouth Mall store and they are trying to estimate the best annual healthcare premium. In a sample of 30 Managers, they found that the average yearly premium needed is $16,469 with a standard deviation of $2,000. (a) What is the population mean? What is the best estimate of the population mean? (b) Develop an 95% confidence interval for the population mean. (c) Assuming a 99% level of confidence,...
Suppose a random sample of 50 basketball players have an average height of 78 inches. Also...
Suppose a random sample of 50 basketball players have an average height of 78 inches. Also assume that the population standard deviation is 1.5 inches. a) Find a 99% confidence interval for the population mean height. b) Find a 95% confidence interval for the population mean height. c) Find a 90% confidence interval for the population mean height. d) Find an 80% confidence interval for the population mean height. e) What do you notice about the length of the confidence...
You own a small storefront retail business and are interested in determining the average amount of...
You own a small storefront retail business and are interested in determining the average amount of money a typical customer spends per visit to your store. You take a random sample over the course of a month for 45 customers and find that the average dollar amount spent per transaction per customer is $90.422 with a standard deviation of $13.895. When creating a 90% confidence interval for the true average dollar amount spend per customer, what is the margin of...
Question 5 (1 point) You are interested in getting an investment portfolio started with any extra...
Question 5 (1 point) You are interested in getting an investment portfolio started with any extra money you make from your part time job while also going to school. While flipping through the latest edition of Money magazine, you read an article that of a survey of magazine subscribers, 194 were randomly selected and analyzed. A 95% confidence interval was constructed for the proportion of all subscribers who made money in the previous year in their investments, which was (...
The manager of a pizza chain in Albuquerque, New Mexico, wants to determine the average size...
The manager of a pizza chain in Albuquerque, New Mexico, wants to determine the average size of their advertised 20-inch pizzas. She takes a random sample of 28 pizzas and records their mean and standard deviation as 20.20 inches and 1.40 inches, respectively. She subsequently computes the 95% confidence interval of the mean size of all pizzas as [19.68, 20.72]. However, she finds this interval to be too broad to implement quality control and decides to reestimate the mean based...
A city's mayor plans to build a new public parking garage in order to lure more...
A city's mayor plans to build a new public parking garage in order to lure more shoppers in the area. They plan to pay for this structure with the money collected from parking fees. For a random sample of 42 weekdays, the average daily fee collected was $132.40 with a standard deviation of $17.5. Find the following for a confidence interval of a population mean, μ: a) The margin of error (bound on the error of estimation) at an 80%...
1. A population is normally distributed with mean 19.1 and standard deviation 4.4. Find the probability...
1. A population is normally distributed with mean 19.1 and standard deviation 4.4. Find the probability that a sample of 9 values taken from this population will have a mean less than 22. *Note: all z-scores must be rounded to the nearest hundredth. 2. A particular fruit's weights are normally distributed, with a mean of 377 grams and a standard deviation of 11 grams. If you pick 2 fruit at random, what is the probability that their mean weight will...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT