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Mathematics, 30.06.2019 08:00 John7Gilbert

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Mathematics, 22.06.2019 00:00
(20 points) a bank has been receiving complaints from real estate agents that their customers have been waiting too long for mortgage confirmations. the bank prides itself on its mortgage application process and decides to investigate the claims. the bank manager takes a random sample of 20 customers whose mortgage applications have been processed in the last 6 months and finds the following wait times (in days): 5, 7, 22, 4, 12, 9, 9, 14, 3, 6, 5, 15, 10, 17, 12, 10, 9, 4, 10, 13 assume that the random variable x measures the number of days a customer waits for mortgage processing at this bank, and assume that x is normally distributed. 2a. find the sample mean of this data (x ěā€¦). 2b. find the sample variance of x. find the variance of x ěā€¦. for (c), (d), and (e), use the appropriate t-distribution 2c. find the 90% confidence interval for the population mean (Ć®Ä¾). 2d. test the hypothesis that Ć®Ä¾ is equal to 7 at the 95% confidence level. (should you do a one-tailed or two-tailed test here? ) 2e. what is the approximate p-value of this hypothesis?
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Mathematics, 22.06.2019 01:00
Arrange the steps to solve this system of linear equations in the correct sequence. x + y = -2 2x ā€“ 3y = -9 tiles subtract 3x + 3y = -6 (obtained in step 1) from 2x ā€“ 3y = -9 (given) to solve for x. substitute the value of x in the first equation (x + y = -2) to get y = 1. the solution for the system of equations is (-3, 1). x = -15 the solution for the system of equations is (-15, 13). add 3x + 3y = -6 (obtained in step 1) to 2x ā€“ 3y = -9 (given), and solve for x. x = -3 substitute the value of x in the first equation (x + y = -2) to get y = 13. multiply the first equation by 3: 3(x + y) = 3(-2) 3x + 3y = -6.
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Mathematics, 22.06.2019 03:50
Arandom sample of n = 25 observations is taken from a n(Āµ, Ļƒ ) population. a 95% confidence interval for Āµ was calculated to be (42.16, 57.84). the researcher feels that this interval is too wide. you want to reduce the interval to a width at most 12 units. a) for a confidence level of 95%, calculate the smallest sample size needed. b) for a sample size fixed at n = 25, calculate the largest confidence level 100(1 āˆ’ Ī±)% needed.
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Mathematics, 22.06.2019 04:10
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