Google Answers Logo
View Question
 
Q: Economics ( No Answer,   2 Comments )
Question  
Subject: Economics
Category: Business and Money
Asked by: elshana-ga
List Price: $20.00
Posted: 10 Sep 2003 20:48 PDT
Expires: 16 Sep 2003 16:01 PDT
Question ID: 254444
From the question I have worked out the population of subject marks as
follows:

a.	28.2	27.2	30.2	31.2	24.2
	3.2	18.2	26.2	25.2	29.2
	13.2	25.2	38.2	21.2	31.2
	15.2	9.2	28.2	26.2	19.2
	31.2	33.2	20.2	12.2	20.2
	22.2	8.2	27.2	2.2	27.2
	13.2	29.2	23.2	29.2	33.2
	30.2	23.2	33.2	25.2	27.2
	22.2	21.2	20.2	30.2	12.2

b.   Calculate mean, mode, median and standard deviation of this
population of marks giving precise unit of measurement of each.

I have worked out as follows:
Mean = 23.267
Mode = 27.2
Median = 25.2
SD = 8.11415498
Is the above correct?

c.   From the results obtained in b. show and argue whether the
distribution is normal, approximately normal or clearly non-normal.

Please explain in detail this question.  I have looked around but was
not able to obtain satisfactory results.


d.  Express numerical version of sample data given in ques(a)above with sample
size of 14.
	my answer

	30.2	31.2	24.2	3.2
	18.2	26.2	25.2	29.2
	13.2	25.2	38.2	21.2
	31.2	15.2		

e.   Calculate sample mean, sample variance and sample SD giving
precise unit of 	measurement for each
Sample mean = 23.700
Sample variance = 80
Sample SD = 8.9442719099
Is all of ques e correct?
	
I NEED HELP FROM HERE ON

f.   How do I calculate true mean of the population using 90%
confidence level

g.  Explain what is meant by sampling distribution of the sample mean
and cast your explanation in a way that it assists in giving a clear
interpretation of the results provided in f.

h.  Suppose the true mean is less than 29.  Use the sample data to
test this hypothesis at the 10 percent significance level.  Explain
the meaning of what is involved in such a test (null hypotheses,
alternative hypotheses, significance level, type I/type II error, test
statistic, sampling distribution of the test statistic, value of test
statistics, result being statistically significant/not statistically
significant.

i.  Explain whether you are satisfied with the use of the sample size
n = 14.  Explain why and how the quality of the statistical results
will change if a smaller ie: n = 45 sample is used.

I would really appreciate if I could get my answers for the above
question
thank you
Elshana
Answer  
There is no answer at this time.

Comments  
Subject: Re: Economics
From: research_help-ga on 11 Sep 2003 11:55 PDT
 
Just a note - you list the subject as "Economics"
However, your question is about statistics which is a separate field from economics.
Subject: Re: Economics
From: elshana-ga on 11 Sep 2003 16:49 PDT
 
ok 

thanks
elshana

Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Google does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. Please read carefully the Google Answers Terms of Service.

If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you.
Search Google Answers for
Google Answers  


Google Home - Answers FAQ - Terms of Service - Privacy Policy