Mathematics, 30.11.2019 06:31 whereswoodruff
The average cost of tuition and room and board at a small private liberal arts college is reported to be $8,500 per term, but a financial administrator believes that the average cost is higher. a study conducted using 350 small liberal arts colleges showed that the average cost per term is $8,745. the population standard deviation is $1,200. let α = 0.05. what is the critical z value for this test?
Answers: 1
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Each of the following data sets has a mean of x = 10. (i) 8 9 10 11 12 (ii) 7 9 10 11 13 (iii) 7 8 10 12 13 (a) without doing any computations, order the data sets according to increasing value of standard deviations. (i), (iii), (ii) (ii), (i), (iii) (iii), (i), (ii) (iii), (ii), (i) (i), (ii), (iii) (ii), (iii), (i) (b) why do you expect the difference in standard deviations between data sets (i) and (ii) to be greater than the difference in standard deviations between data sets (ii) and (iii)? hint: consider how much the data in the respective sets differ from the mean. the data change between data sets (i) and (ii) increased the squared difference îł(x - x)2 by more than data sets (ii) and (iii). the data change between data sets (ii) and (iii) increased the squared difference îł(x - x)2 by more than data sets (i) and (ii). the data change between data sets (i) and (ii) decreased the squared difference îł(x - x)2 by more than data sets (ii) and (iii). none of the above
Answers: 2
The average cost of tuition and room and board at a small private liberal arts college is reported t...
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