All fifth-grade students are given a test on academic achievement in new york state. suppose the mean score is 70 for the entire state. a random sample of fifth-grade students is selected from long island. below are the scores in this sample from a normal population. 82 94 66 87 68 85 68 84 70 83 65 70 83 71 82 72 73 81 76 74 a. construct a 95% confidence interval for the population mean score on long island. b. construct a 90% confidence interval for the population standard deviation of the scores on long island. c. a teacher at a long island high school claims that the mean score on long island is higher than the mean for new york state. conduct a test to see if this claim is reasonable using α = 0.01. d. find the p-value of the test.

a) The 90% confidence interval would be given by (73.56;79.84)  

b) The 90% confidence interval for the deviation would be .

c) If we compare the p value and the significance level given we see that so we can conclude that we have enough evidence to reject the null hypothesis, so we can conclude that the mean is significantly higher than 70 at 1% of significance.  So the claim of the teacher makes sense.

d) Since is a one-side upper test the p value would given by:  

Step-by-step explanation:

Data given: 82 94 66 87 68 85 68 84 70 83 65 70 83 71 82 72 73 81 76 74

Previous concepts

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".  

The margin of error is the range of values below and above the sample statistic in a confidence interval.  

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".  

We can calculate the sample mean and deviation with the following formulas:

And we got the following results:

represent the sample mean  

population mean (variable of interest)  

represent the population standard deviation  

n=20 represent the sample size  

90% confidence interval  

Part a

The confidence interval for the mean is given by the following formula:  

(1)  

The degrees of freedom are given by:

Since the Confidence is 0.90 or 90%, the value of and , and we can use excel, a calculator or a table to find the critical value. The excel command would be: "=-T.INV(0.05,19)".And we see that  

Now we have everything in order to replace into formula (1):  

So on this case the 90% confidence interval would be given by (73.56;79.84)  

Part b

The confidence interval for the population variance is given by the following formula:

On this case the sample variance is given and for the sample deviation is just the square root of the sample variance.

The next step would be calculate the critical values. First we need to calculate the degrees of freedom given by:

Since the Confidence is 0.90 or 90%, the value of and , and we can use excel, a calculator or a table to find the critical values.  

The excel commands would be: "=CHISQ.INV(0.05,19)" "=CHISQ.INV(0.95,19)". so for this case the critical values are:

And replacing into the formula for the interval we got:

So the 90% confidence interval for the deviation would be .

Part c

Null hypothesis:  

Alternative hypothesis:  

Since we don't know the population deviation, is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:  

(1)  

t-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".  

Calculate the statistic  

We can replace in formula (1) the info given like this:  

Part d

P-value  

Since is a one-side upper test the p value would given by:  

Conclusion  

If we compare the p value and the significance level given we see that so we can conclude that we have enough evidence to reject the null hypothesis, so we can conclude that the mean is significantly higher than 70 at 1% of significance.  

(a) 95% confidence interval for the population mean score on Long Island is (73, 80.40)

(b) 90% confidence interval for the population standard deviation of the scores on Long Island is (4.85, 10.97)

(c) The teacher's claim that the mean score on Long Island is higher than the mean for New York State is reasonable

(d) p-value is 0.01

Step-by-step explanation:

From the data values from Long Island,

Mean is 76.7 and standard deviation is 7.91

Confidence Interval (CI) = mean + or - (t × sd)/√n

(a) mean = 76.7, sd = 7.91, n = 20, degree of freedom = n-1 = 20-1 = 19, t-value corresponding to 19 degrees of freedom and 95% confidence level is 2.093

Lower bound = 76.7 - (2.093×7.91)/√20 = 76.7 - 3.70 = 73

Upper bound = 76.7 + (2.093×7.91)/√20 = 76.7 + 3.70 = 80.40

95% CI is (73, 80.40)

(b) CI = sd + or - (t×sd)/√n

sd = 7.91, t-value corresponding to 19 degrees of freedom and 90% confidence level is 1.729

Lower bound = 7.91 - (1.729×7.91)/√20 = 7.91 - 3.06 = 4.85

Upper bound = 7.91 + (1.729×7.91)/√20 = 7.91 + 3.06 = 10.97

90% CI is (4.85, 10.97)

(c) Null hypothesis: The mean score on Long Island is 70

Alternate hypothesis: The mean score on Long Island is greater than 70

Z = (sample mean - population mean)/(sd/√n) = (70 - 76.7)/(7.91/√20) = -6.7/1.77 = -3.79

Using 0.01 significance level, the critical value is 2.326

Since -3.79 is less than 2.326, reject the null hypothesis. The teacher's claim is reasonable

(d) p-value = 1 - cumulative area of test statistic = 1 - 0.9900 = 0.01

it would to have a graph or something ! but i had this question so its false

step-by-step explanation:

(a) {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …}

(b) $59 398

step-by-step explanation:

(a) the annual sequence of profits

aₙ = a₁rⁿ⁻¹

the model for the sequence of profits is {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …} .

(b) profit after 15 yr

  a₁ = $ 30 000

  r = 1.05

a₁₅ = 30 000 × 1.05¹⁴

a₁₅ = 30 000 × 1.979 93

a₁₅ = $59 398

the profit in year 15 will be $59 398.