Need Confidence Interval Assignment Help? Try Our Services And Experience Academic Brilliance!

Home   Course  
Previous << || >> Next

Confidence Interval Assignment

ARE YOU LOOKING FOR RELIABLE CONFIDENCE INTERVAL ASSIGNMENT HELP SERVICES? EXPERTSMINDS.COM IS RIGHT CHOICE AS YOUR STUDY PARTNER!

Question 1: Find the mean, mod, median, and standard deviation of the following data:

5, 6, 7, 8, 9,8,7,8

Based on these results, check whether the value of 10 is usual?

Solution

The mean is calculated by using the formula given below

x ¯=(∑i=1nxi)/n = (5+6+7+8+9+8+7+8)/8=58/8=7.25

The median is calculated by using the formula given below (after arranging the data in ascending order of magnitude)

Median=((n/2)^th+(n/2+1)^th)/2

=((8/2)^th+(8/2+1)^th)/2

=((4)^th+(5)^th)/2

=(7+8)/2=7.5

Therefore, the required median is 7.5

s=√((∑i=1n(xi-x ¯ )2 )/(n-1))=1.282

The mode is defined as the most repeated value in the dataset. The mode is 8 as it is repeated to a maximum of 3 times

The standard deviation is calculated by using the formula given below

Here, 10 is not in the sample and therefore, it is not considered as an usual value

ORDER NEW CONFIDENCE INTERVAL ASSIGNMENT & GET 100% ORIGINAL SOLUTION AND QUALITY WRITTEN CONTENTS IN WELL FORMATS AND PROPER REFERENCING.

Question 2. Pre-Employment Drug Screening Results are shown in the following Table:

 

Positive Test Result

Negative Test Result

Subject Uses Drugs

8

(True Positive)

2

(False Negative)

Subject is not a Drug User

10

(False Positive)

180

(True Negative)

Solution:

i. If 1 of the 200 test subjects is randomly selected, find the probability that the subject had a positive test result, given that the subject actually uses drugs. That is,

findP (positive test result | subject uses drugs) = 8/10 = 0.8

ii. If 1 of the 200 test subjects is randomly selected, find the probability that the subject actually uses drugs, given that he or she had a positive test result. That is,

findP (subject uses drugs |positive test result) = 8/18 = 0.444

Question 3. This is observation from previous years about the impact of students working while they are enrolled in classes, due to students too much work, they are spending less time on their classes. First, the observer need to find out, on average, how many hours a week students are working. They know from previous studies that the standard deviation of this variable is about 5 hours. A survey of 200 students provides a sample mean of 7.10 hours worked. What is a 95% confidence interval based on this sample?

Solution:

The 95% confidence interval is calculated by using the formula given below

(x ¯-Z_(1-∝/2)*σ/√n,x ¯+Z_(1-∝/2)*σ/√n)=(7.1-1.96*5/√200,7.1+1.96*5/√200)
=(7.1-1.96*0.354,7.1+1.96*0.354)
= (7.1 - 0.693, 7.1 + 0.693)
= (6.407, 7.793)

The 95% confidence interval for the sample is (6.407, 7.793)

GET ASSURED A++ GRADE IN EACH CONFIDENCE INTERVAL ASSIGNMENT ORDER - ORDER FOR ORIGINALLY WRITTEN SOLUTIONS!

Tag This :- Confidence Interval Assignment Help, EM201970FAN719STAT

get assignment Quote

Assignment Samples

    MBA600 Capstone Assignment Help

    mba600 capstone assignment help, Kaplan Business School, Australia - Pick a real organisation of your choice - Apple Inc. and apply the strategic thinking.

    Human Factor Project Assignment Help

    human factor project assignment help- aircraft accident report - identifying human factor issues, using logic to explain the rational that you feel.

Get Academic Excellence with Best Skilled Tutor! Order Assignment Now! Submit Assignment