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Mathematics, 21.06.2019 13:50
Asimple random sample of size nequals14 is drawn from a population that is normally distributed. the sample mean is found to be x overbar equals 70 and the sample standard deviation is found to be sequals13. construct a 90% confidence interval about the population mean
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Mathematics, 21.06.2019 23:00
According to a study conducted in 2015, 18% of shoppers said that they prefer to buy generic instead of name-brand products. suppose that in a recent sample of 1500 shoppers, 315 stated that they prefer to buy generic instead of name-brand products. at a 5% significance level, can you conclude that the proportion of all shoppers who currently prefer to buy generic instead of name-brand products is higher than .18? use both the p-value and the critical-value approaches.
Answers: 1
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