Week 4 forumSuppose that a class contains 15 boys and 30 girls, and that 10 students are to be selected at random for a special assignment. Find the probability that exactly 3 boys will be selected.To make a post to this week’s Challenge Discussion Forum, click on the “Counting isn’t always easy” link, then click Post New Thread. In the title block of the dialog box that appears kindly insert your first and last name; compose your post in the message box; and then click Post Message.Week 6 forumSuppose that the percentage annual return you obtain when you invest a dollar in gold or the stock market is dependent on the general state of the national economy as indicated below. For example, the probability that the economy will be in “boom” state is 0.15. In this case, if you invest in the stock market your return is assumed to be 25%; on the other hand if you invest in gold when the economy is in a “boom” state your return will be minus 30%. Likewise for the other possible states of the economy. Note that the sum of the probabilities has to be 1–and is.State of Economy***Probability***MarketReturn***GoldReturnBoom****************0.15************25%*************(-30%)Moderate Growth******0.35************20%***************(-9%)Weak Growth*********0.25*************5%**************35%No Growth***********0.25***********(-14%)**************50%Based on the expected return, would you rather invest your money in the stock market or in gold? Why?To make a post to this week’s Challenge Discussion Forum, click on the Decision Alternatives link, then click Post New Thread. In the title block of the dialog box that appears kindly insert your first and last name; compose your post in the message box; and then click Post Message.Week 7 forumSuppose that the demand for a companyâs product in weeks 1, 2, and 3 are each normally distributed and the mean demand during each of these three weeks is 50, 45, and 65, respectively. Suppose the standard deviation of the demand during each of these three weeks is known to be 10, 5, and 15, respectively. It turns out that if we can assume that these three demands are probabilistically independent then the total demand for the three week period is also normally distributed. And, the mean demand for the entire three week period is the sum of the individual means. Likewise, the variance of the demand for the entire three week period is the sum of the individual weekly variances. But be careful! The standard deviation of the demand for the entire 3 week period is not the sum of the individual standard deviations. Square roots donât work that way!Now, suppose that the company currently has 180 units in stock, and it will not be receiving any further shipments from its supplier for at least 3 weeks. What is the probability that the company will run out of units?To make a post to this week’s Challenge Discussion Forum, click on the Using the Normal Distribution link, then click Post New Thread. In the title block of the dialog box that appears kindly insert your first and last name; compose your post in the message box; and then click Post Message.Week 10 forumPolitical polls typically sample randomly from the U.S population to investigate the percentage of voters who favor some candidate or issue. The number of people polled is usually on the order of 1000. Suppose that one such poll asks voters how they feel about the Presidentâs handling of the crisis in the financial markets. The results show that 575 out of the 1280 people polled say they either âapproveâ or âstrongly approveâ of the Presidentâs handling of this matter. Based on the sample referenced above, find a 95% confidence interval estimate for the proportion of the entire voter population who âapproveâ or âstrongly approveâ of the Presidentâs handling of the crisis in the financial markets.Now, hereâs an interesting twist. If the same sample proportion was found in a sample twice as largeâthat is, 1150 out of 2560âhow would this affect the confidence interval?To make a post to this week’s Challenge Discussion Forum, click on the Build a Confidence Interval Estimate link, then click Post New Thread. In the title block of the dialog box that appears kindly insert your first and last name; compose your post in the message box; and then click Post Message.Week 12 forumA new process for producing synthetic diamonds can be operated at a profitable level only if the average weight of the diamonds produced by the process is greater than 0.5 karat. To evaluate the profitability of the process, a sample of six diamonds was generated using this new process, with recorded weights .46, .61, .52, .48, .57, and .54 karat. Do the six measurements present sufficient evidence to indicate that the average weight of the diamonds produced by the new process is in excess of 0.5 karat? To answer this question conduct an appropriate test of hypothesis using the five step process outlined in our textbook and utilized in the solutions to the Chapter 8 review problems, which are posted in the Review Problem Sets Solutions folder in the Resources section of our classroom.To make a post to this week’s Challenge Discussion Forum, click on the Testing a Hypothesis link, then click Post New Thread. In the title block of the dialog box that appears kindly insert your first and last name; compose your post in the message box; and then click Post Message.Question 1 of 250.0/ 1.0 PointsFor a boxplot, the vertical line inside the box indicates the location of theA.medianB.modeIn C.meanD.inter quartile rangeAnswer Key:Part 2 of 9 – 2.0/ 2.0 PointsQuestion 2 of 251.0/ 1.0 PointsIf events A and B are mutually exclusive, then the probability of both events occurring simultaneously is equal toA.0.5B.1.0C.any value between 0.5 and 1.0D.0.0Answer Key:Question 3 of 251.0/ 1.0 PointsIf P(A) = P(A|B), then events A and B are said to beA.complementaryB.mutually exclusiveC.exhaustiveD.independentAnswer Key:Part 3 of 9 – 3.0/ 3.0 PointsQuestion 4 of 251.0/ 1.0 PointsSuppose that 50 identical batteries are being tested. After 8 hours of continuous use, assume that a given battery is still operating with a probability of 0.70 and has failed with a probability of 0.30.What is the probability that greater than 40 batteries will last at least 8 hours?A.0.0789B.0.4538C.0.9598D.0.0402Answer Key:Question 5 of 251.0/ 1.0 PointsIf a gambler rolls two dice and gets a sum of 10, he wins $10, and if he gets a sum of three, he wins $20. The cost to play the game is $5. What is the expectation of this game?A.$3.06B.-$2.78C.-$3.06D.$2.78Answer Key:Question 6 of 251.0/ 1.0 PointsThere are two types of random variables, they areA.real and unrealB.exhaustive and mutually exclusiveC.complementary and cumulativeD.discrete and continuousAnswer Key:Part 4 of 9 – 5.0/ 6.0 PointsQuestion 7 of 251.0/ 1.0 PointsThe theorem that states that the sampling distribution of the sample mean is approximately normal when the sample size n is reasonably large is known as the:A.simple random sample theoremB.central tendency theoremC.point estimate theoremD.central limit theoremAnswer Key:Question 8 of 251.0/ 1.0 PointsThe normal distribution is:A.a binomial distribution with only one parameterB.a discrete distributionC.a density function of a discrete random variableD.the single most important distribution in statisticsAnswer Key:Question 9 of 251.0/ 1.0 PointsIf Z is a standard normal random variable, then the value z for which P(-z < Z < z) equals 0.8764 isA.1.16B.0.3764C.1.54D.3.08Answer Key:Question 10 of 251.0/ 1.0 PointsGiven that Z is a standard normal random variable, P(-1.0 < Z < 1.5) isA.0.9332B.0.0919C.0.7745D.0.8413Answer Key:Question 11 of 250.0/ 1.0 PointsOne reason for standardizing random variables is to measure variables with:A.different means and standard deviations on a non-standard scaleB.dissimilar means and similar standard deviations in like termsIn C.similar means and standard deviations on two scalesD.different means and standard deviations on a single scaleAnswer Key:Question 12 of 251.0/ 1.0 PointsThe standard deviation of a probability distribution is a:A.measure of variability of the distributionB.measure of central locationC.measure of skewness of the distributionD.measure of relative likelihoodAnswer Key:Part 5 of 9 - 1.0/ 1.0 PointsQuestion 13 of 251.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.A sample of 150 students at a State University was taken after the final business statistics exam to ask them whether they went partying the weekend before the final or spent the weekend studying, and whether they did well or poorly on the final. The following table contains the result.Did Well on Exam Did Poorly on ExamStudying for Exam 60 15Went Partying 22 53If the sample is a good representation of the population, what percentage of the students in the population should we expect to spend the weekend studying and do poorly on the final exam? Place your answer in the blank, rounded to 2 decimal places. Do not use a percentage sign (%). For example, 44.44 would be a legitimate answer. 10.00Answer Key:Part 6 of 9 - 2.0/ 2.0 PointsQuestion 14 of 251.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.Find the mean of the distribution shown below.X 0 1 2P(X) 0.24 0.31 0.45Round your answer to two decimal place as necessary. For example, 4.56 would be a legitimate entry.Mean = 1.21Answer Key:Feedback: Expected value = (0)(0.24) + (1)(0.31) + (2)(0.45) = 1.21Question 15 of 251.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.Find the mean of the following probability distribution.X 1 2 3 4 5P(X) 0.20 0.10 0.35 0.05 0.30Round your answer to two decimal place as necessary. For example, 4.56 would be a legitimate entry.Mean = 3.15Answer Key:Part 7 of 9 - 2.0/ 2.0 PointsQuestion 16 of 251.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.At a certain college, there were 600 science majors, 200 engineering majors, and 500 business majors. If a student is selected at random, what is the probability that the student is an engineering major?Place your answer, rounded to four decimal places, in the blank. 0.1538 When entering your answer do not use any labels or symbols other than a decimal point. Simply provide the numerical value. For example, 0.1234 would be a legitimate entry.Answer Key: 0Question 17 of 251.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.A reading list for a course contains 20 articles. How many ways are there to choose three articles from this list? Place your answer in the blank. Do not use any decimal places or commas. For example, 45 would be a legitimate entry. 1140Answer Key:Part 8 of 9 - 5.0/ 6.0 PointsQuestion 18 of 251.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.Suppose that the average weekly earnings for employees in general automotive repair shops is $450, and that the standard deviation for the weekly earnings for such employees is $50. A sample of 100 such employees is selected at random.Find the probability that the mean of the sample is between $445 and $455. Place your answer, rounded to 4 decimal places, in the blank. For example, 0.2345 would be a legitimate entry. 0.6826Answer Key: 0.Question 19 of 251.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.The mean weight of loads of coal placed in train cars by a loading machine is 43.0 tons with a standard deviation of 8.0 tons. Assuming that the weight of loads placed in the train cars by this loader are normally distributed, if a random sample of 9 loads is chosen for a weight check, find the probability that the mean weight of those loads is more than 40.60 tons.Place your answer, rounded to four decimal places, in the blank. 0.8159 When entering your answer do not use any labels or symbols other than a decimal point. Simply provide the numerical value. For example, 0.1234 would be a legitimate entry.Answer Key: 0Question 20 of 251.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.Scores on a mathematics examination appear to follow a normal distribution with mean of 65 and standard deviation of 15. The instructor wishes to give a grade of âCâ to students scoring between the 60th and 70th percentiles on the exam.What score represents the 60th percentile score on the mathematics exam? Place your answer in the blank, rounded to a whole number. For example, 62 would be a legitimate entry. 69Answer Key:Question 21 of 251.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.A Wendyâs fast-food restaurant sells hamburgers and chicken sandwiches. On a typical weekday, the demand for hamburgers is normally distributed with a mean of 450 and standard deviation of 80 and the demand for chicken sandwiches is normally distributed with a mean of 120 and standard deviation of 30.How many hamburgers must the restaurant stock to be 99% sure of not running out on a given day? Place you answer, rounded to the nearest whole number in the blank. For example, 345 would be a legitimate entry. 637Answer Key:Question 22 of 250.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.The manufacturer of a new compact car claims the miles per gallon (mpg) for the gasoline consumption is mound shaped and symmetric with a mean of 25.9 mpg and a standard deviation of 9.5 mpg. If 30 such cars are tested, what is the probability the average mpg achieved by these 30 cars will be greater than 28? Place your answer, rounded to 4 decimal places, in the blank. 0.3520Answer Key: 0.Question 23 of 251.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.A popular retail store knows that the purchase amounts by its customers is a random variable that follows a normal distribution with a mean of $30 and a standard deviation of $9.What is the probability that a randomly selected customer will spend less than $15 at this store? Place your answer, rounded to 4 decimal places, in the blank. For example, 0.3456 would be a legitimate entry. .0478Answer Key:Part 9 of 9 - 1.0/ 2.0 PointsQuestion 24 of 251.0/ 1.0 PointsThe sampling distribution of the mean will have the same mean as the original population from which the samples were drawn.TrueFalseAnswer Key: TrueQuestion 25 of 250.0/ 1.0 PointsUsing the standard normal curve, the Z- score representing the 5th percentile is 1.645.InTrueFalseAnswer Key:Question 1 of 201.0/ 1.0 PointsThe total frequency of the data whose ogive is shown below is approximatelyA.12B.18C.34D.90Answer Key:Question 2 of 201.0/ 1.0 PointsThe length of the box in the boxplot portrays theA.medianB.meanC.interquartile rangeD.rangeAnswer Key:Question 3 of 201.0/ 1.0 PointsWhich measure of central location is meaningful when the data are categorical?A.The meanB.The modeC.The medianD.The rangeAnswer Key:Question 4 of 201.0/ 1.0 PointsData that arise from counts are called:A.counted dataB.nominal dataC.discrete dataD.continuous dataAnswer Key:Question 5 of 201.0/ 1.0 PointsThe median can also be described as:A.the middle observation when the data values are arranged in ascending ordeB.the second quartileC.the 50th percentileD.all of the aboveAnswer Key:Question 6 of 201.0/ 1.0 PointsA scatterplot allows one to see:A.whether there is any relationship between two variablesB.what type of relationship there is between two variablesC.Both (a) and (b) areD.Neither (a) nor (b) isAnswer Key:Question 7 of 200.0/ 1.0 PointsSuppose that a histogram of a data set is approximately symmetric and "bell shaped". Approximately what percent of the observations are within one standard deviation of the mean?A.50%B.68%C.99.7%In D.95%Answer Key:Question 8 of 201.0/ 1.0 PointsResearchers may gain insight into the characteristics of a population by examining aA.replicaB.sample of the populationC.description of the populationD.mathematical model describing the populationAnswer Key:Question 9 of 201.0/ 1.0 PointsThe difference between the first and third quartile is called theA.interquartile rangeB.interdependent rangeC.mid rangeD.unimodal rangeAnswer Key:Question 10 of 201.0/ 1.0 PointsBoxplots are most useful for.A.comparing the mean to the medianB.comparing two populations graphicallyC.calculating the mean of the dataD.calculating the median of the dataAnswer Key:Question 11 of 200.0/ 1.0 PointsFind the z-score for each student and indicate which one has a better relative position. An Art Major earned a grade of 46 on an exam with f$ar{x}f$ = 50 and s = 5; A Theater Major earned a grade of 70 on an exam with f$ar{x}f$ = 75 and s = 7.A.Both students have the same score.B.The theater major has a higher relative position than the art major.C.The higher score cannot be determined.In D.The art major has a higher relative position than the theater major.Answer Key:Question 12 of 201.0/ 1.0 PointsWhat type of graph is the figure below?A.ogiveB.Pareto chartC.relative frequency histogramD.pictographAnswer Key:Part 2 of 3 - 4.0/ 6.0 PointsQuestion 13 of 201.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.The following data represent the number of children in a sample of 10 families from Chicago: 4, 2, 1, 1, 5, 3, 0, 1, 0, and 2.Compute the mean number of children. Place your answer, rounded to two decimal places, in the blank. For example, 3.45 would be a legitimate entry. 1.90Answer Key:Question 14 of 201.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.A student scored 84 points on a test where the mean score was 79 and the standard deviation was 4. Find the student's z score, rounded to 2 decimal places, and place it in the blank. 1.25Answer Key:Question 15 of 201.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.The following data represent the number of children in a sample of 10 families from Chicago: 4, 2, 1, 1, 5, 3, 0, 1, 0, and 2.Compute the median number of children. Place your answer, rounded to two decimal places, in the blank. For example, 3.45 would be a legitimate entry. 1.50Answer Key:Question 16 of 201.0/ 1.0 Pointsmployees spend on work-related activities in a typical week. Rather than reviewing the records of all the firmâs full-time employees, the management randomly selected a sample of size 51 from the available frame. The sample mean and sample standard deviations were 48.5 and 7.5 hours, respectively.Construct a 90% confidence interval for the standard deviation of the number of hours this firmâs employees spend on work-related activities in a typical week.Place your LOWER limit, in hours, rounded to 1 decimal place, in the first blank. For example, 6.7 would be a legitimate entry. Correct46.8Place your UPPER limit, in hours, rounded to 1 decimal place, in the second blank. For example, 12.3 would be a legitimate entry. Correct50.2Answer Key:Question 3 of 200.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where "a" and "b" need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.The manufacturer of a new compact car claims the miles per gallon (mpg) for the gasoline consumption is mound-shaped and symmetric with a mean of 25.9 mpg and a standard deviation of 9.5 mpg. If 30 such cars are tested, what is the probability the average mpg achieved by these 30 cars will be greater than 28?Answer: Correct.1037 Round your answer to 4 decimal places as necessary. For example, 0.1357 would be a legitimate entry.Answer Key:Feedback: This is a sampling distribution problem with ? = 25.9. ? = 9.5, and sample size n = 30.f[z=frac{28-25.9}{9.5/sqrt{30}} = 1.210755f]P(z > 1.210755) = 1 â NORMSDIST(1.210755) = 0.1130Or you can compute the probability without having to compute z first:P(x-bar > 28) = 1 â NORMDIST(28, 25.9, 9.5/SQRT(30), TRUE) = 0.1130Question 4 of 201.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), “E” or “e” (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where “a” and “b” need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.You are told that a random sample of 150 people from Iowa has been given cholesterol tests, and 60 of these people had levels over the âsafeâ count of 200. Construct a 95% confidence interval for the population proportion of people in Iowa with cholesterol levels over 200. Place your LOWER limit, rounded to 3 decimal places, in the first blank Correct.322 . For example, .678 would be a legitimate entry. Place your UPPER limit, rounded to 3 decimal places, in the second blank Correct.478 . For example, .789 would be a legitimate entry.Answer Key: .Question 5 of 201.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), “E” or “e” (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where “a” and “b” need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.Senior management of a consulting services firm is concerned about a growing decline in the firmâs weekly number of billable hours. The firm expects each professional employee to spend at least 40 hours per week on work. In an effort to understand this problem better, management would like to estimate the standard deviation of the number of hours their employees spend on work-related activities in a typical week. Rather than reviewing the records of all the firmâs full-time employees, the management randomly selected a sample of size 51 from the available frame. The sample mean and sample standard deviations were 48.5 and 7.5 hours, respectively.Construct a 95% confidence interval for the standard deviation of the number of hours this firmâs employees spend on work-related activities in a typical week.Place your LOWER limit, in hours, rounded to 1 decimal place, in the first blank. For example, 6.7 would be a legitimate entry. Correct6.3Place your UPPER limit, in hours, rounded to 1 decimal place, in the second blank. For example, 12.3 would be a legitimate entry. Correct9.3Answer Key:Question 6 of 201.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), “E” or “e” (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where “a” and “b” need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.A marketing research consultant hired by Coca-Cola is interested in determining the proportion of customers who favor Coke over other soft drinks. A random sample of 400 consumers was selected from the market under investigation and showed that 53% favored Coca-Cola over other brands.Compute a 95% confidence interval for the true proportion of people who favor Coke. Place your LOWER limit, rounded to 3 decimal places, in the first blank Correct.481 . For example, .345 would be a legitimate entry. Place your UPPER limit in the second blank Correct.579 . For example, .456 would be a legitimate entry.Answer Key:Question 7 of 200.0/ 1.0 PointsAccepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), “E” or “e” (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker.Complex numbers should be in the form (a + bi) where “a” and “b” need to have explicitly stated values.For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not.The personnel department of a large corporation wants to estimate the family dental expenses of its employees to determine the feasibility of providing a dental insurance plan. A random sample of 12 employees reveals the following family dental expenses (in dollars): 115, 370, 250, 593, 540, 225, 177, 425, 318, 182, 275, and 228.Construct a 90% confidence interval estimate for the standard deviation of family dental expenses for all employees of this corporation.Place your LOWER limit, in dollars rounded to 1 decimal place, in the first blank. Do not use a dollar sign, a comma, or any other stray mark. For example, 123.4 would be a legitimate entry. Correct231.5Place your UPPER limit, in dollars rounded to 1 decimal place, in the second blank. Do not use a dollar sign, a comma, or any other stray mark. For example, 567.8 would be a legitimate entry. Correct384.9Answer Key:Part 2 of 3 – 10.0/ 11.0 PointsQuestion 8 of 201.0/ 1.0 PointsIn constructing a confidence interval estimate for a population mean, when we replace f$sigma f$ with the sample standard deviation (s), we introduce a new source of variability and the sampling distribution we use is:A.F- distributionB.the normal distributionC.chi-square distributionCorrect D.t -distributionAnswer Key:Question 9 of 201.0/ 1.0 PointsA food snack manufacturer samples 15 bags of pretzels off the assembly line and weighed their contents. If the sample mean is 10.0 and the sample standard deviation is 0.15, find the 95% confidence interval estimate for the true mean.A.(9.96, 10.04)B.(9.68, 10.32)C.(9.97, 10.80)Correct D.(9.92, 10.08)Answer Key:Question 10 of 201.0/ 1.0 PointsIn a study of elephants a researcher wishes to determine the average weight of a certain subspecies of elephants. From previous studies, the standard deviation of the weights of elephants in this subspecies is known to be 1500 pounds. How many elephants does the researcher need to weigh so that he can be 80% confident that the average weight of elephants in his sample is within 350 pounds of the true average weight for this subspecies?A.50B.39C.166CorrectAnswer Key:Question 11 of 200.0/ 1.0 PointsIf you increase the confidence level, the confidence interval ____________.A.stays the sameB.decreasesC.increasesIncorrect D.may increase or decrease, depending on the sample dataAnswer Key:Question 12 of 201.0/ 1.0 PointsThe average gas mileage of a certain model car is 26 miles per gallon. If the gas mileages are normally distributed with a standard deviation of 1.3, find the probability that a randomly selected car of this model has a gas mileage between 25.8 and 26.3 miles per gallon.Correct A.0.15B.0.85C.0.70D.0.30Answer Key:Question 13 of 201.0/ 1.0 PointsAt a large department store, the average number of years of employment for a cashier is 5.7 with a standa