mean and sample standard deviation
Question
15. From
these numbers:
93. 175. 129. 92. 75. 94.116. 100
Do you want to own your own candy store? Wow! With some interest in running your own business and a decent credit rating, you can probably get a bank loan on startup costs for franchises such as Candy Express, The Fudge Company, Karmel Corn, and Rocky Mountain Chocolate Factory. Startup costs (in thousands of dollars) for a random sample of candy stores are given below.
Assume that the population of x values has an approximately normal distribution
(a) Use a calculator with mean and sample standard deviation keys to find the sample mean startup cost x and sample standard deviation s. (Round your answers to one decimal place.) answer is thousand $$
x =
s =
(b) Find a 90% confidence interval for the population average startup costs μ for candy store franchises. (Round your answers to one decimal place.) answer is thousand $$
lower limit
upper limit
16. From these numbers:
9.9, 9.6 ,10.1, 8.9 ,9.4, 9.8, 10.0,,9.9 ,11.2, 12.1
Over the past several months, an adult patient has been treated for tetany (severe muscle spasms). This condition is associated with an average total calcium level below 6 mg/dl. Recently, the patient’s total calcium tests gave the following readings (in mg/dl). Assume that the population of x values has an approximately normal distribution.
(a) Use a calculator with mean and sample standard deviation keys to find the sample mean reading x and the sample standard deviation s. (Round your answers to two decimal places.)
x = mg/dl
s = mg/dl
(b) Find a 99.9% confidence interval for the population mean of total calcium in this patient’s blood. (Round your answer to two decimal places.)
lower limit mg/dl
upper limit mg/dl
(c) Based on your results in part (b), do you think this patient still has a calcium deficiency? Explain.
Yes. This confidence interval suggests that the patient may still have a calcium deficiency.
Yes. This confidence interval suggests that the patient no longer has a calcium deficiency.
No. This confidence interval suggests that the patient may still have a calcium deficiency.
No. This confidence interval suggests that the patient no longer has a calcium deficiency.