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Statistics - Confidence Interval and Hypothesis Testing

2. A sample of 81 observations is taken from a normal population. The sample mean is 40, and the sample standard deviation of 5. Determine the 95 percent confidence interval for the population mean.
3. Merrill Lynch Securities and Health Care Retirement, Inc, are two large employers in down Toledo, OH. They are considering jointly offering child care for their employees. ...
4. The Greater Pittsburgh Area Chamber of Commerce wants to estimate the mean time workers who are employed in the downtown area spend getting to work. A sample of 15 ...
5. The manufacturer of the X-15 steel-belted radial truck tire claims that the mean mileage the tire can be driven before the tread wears out is 60,000 miles. ...
6. The MacBurger restaurant chain claims that the waiting time of customers for service is normally distributed, with a mean of 3 minutes and a standard deviation of 1 minute ...

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Solution Summary

Very neat, step-by-step solutions are provided for all the problems.