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    Activity 1 (Finals) - MS102

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    Jaysie Olimpiada
    This document contains an activity with 3 questions regarding quantitative methods and statistical analysis. [1] It provides hourly earnings data for 4 employees and asks about the population mean, sampling distribution of the sample mean for samples of size 2, and the mean of that sampling distribution. [2] It asks about a survey of 240 university students that found an average study time of 22.3 hours and asks about the 99% confidence level, assuming a population standard deviation. [3] It provides data from a survey of 20 retail stores about microwave prices and asks about the 95% confidence interval to estimate the true cost, assuming normal distribution.

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    Activity 1 (Finals) - MS102

    Uploaded by

    Jaysie Olimpiada
    16 views1 page
    This document contains an activity with 3 questions regarding quantitative methods and statistical analysis. [1] It provides hourly earnings data for 4 employees and asks about the population mean, sampling distribution of the sample mean for samples of size 2, and the mean of that sampling distribution. [2] It asks about a survey of 240 university students that found an average study time of 22.3 hours and asks about the 99% confidence level, assuming a population standard deviation. [3] It provides data from a survey of 20 retail stores about microwave prices and asks about the 95% confidence interval to estimate the true cost, assuming normal distribution.

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    Activity 1 (Finals) - MS102 (1)

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    This document contains an activity with 3 questions regarding quantitative methods and statistical analysis. [1] It provides hourly earnings data for 4 employees and asks about the population mean, sampling distribution of the sample mean for samples of size 2, and the mean of that sampling distribution. [2] It asks about a survey of 240 university students that found an average study time of 22.3 hours and asks about the 99% confidence level, assuming a population standard deviation. [3] It provides data from a survey of 20 retail stores about microwave prices and asks about the 95% confidence interval to estimate the true cost, assuming normal distribution.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    16 views1 page

    Activity 1 (Finals) - MS102

    Uploaded by

    Jaysie Olimpiada
    This document contains an activity with 3 questions regarding quantitative methods and statistical analysis. [1] It provides hourly earnings data for 4 employees and asks about the population mean, sampling distribution of the sample mean for samples of size 2, and the mean of that sampling distribution. [2] It asks about a survey of 240 university students that found an average study time of 22.3 hours and asks about the 99% confidence level, assuming a population standard deviation. [3] It provides data from a survey of 20 retail stores about microwave prices and asks about the 95% confidence interval to estimate the true cost, assuming normal distribution.

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    LAST NAME, FIRST NAME M.I.

    MS 102: Quantitative Methods


    Section: Activity 1 Finals November 7, 2023

    1. AgkapeTa branch has 4 employees (considered the population). The hourly earnings of each employee
    are given in the table below.

    Employee Hourly Earnings


    Jose Php 50.00
    Maria Php 51.00
    Elias Php 50.00
    Tiago Php 52.00

    a. What is the population mean?


    b. What is the sampling distribution of the sample mean for samples of size 2?
    c. What is the mean of the sampling distribution?

    2. A group of statistics students decided to conduct a survey at their university to find the average (mean)
    amount of time students spent studying per week. They sampled 240 students and found a mean of
    22.3 hours per week. Assuming a population standard deviation of six hours, what is the 99% level of
    confidence?

    3. A survey of 20 retail stores revealed that the average price of a microwave was $375, with a sample
    standard deviation of $20. Assuming the population is normally distributed, what is the 95% confidence
    interval to estimate the true cost of the microwave?

    Date of Submission: Send your softcopy today (November 11, 2023) until 5:00 PM and pass the hardcopy
    on or before (November 10, 2023).

    Prepared by:
    Rocila Bendillo
    Instructor

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