TABLE 8-4
To become an actuary, it is necessary to pass a series of 10 exams, including the most important one, an exam in probability and statistics. An insurance company wants to estimate the mean score on this exam for actuarial students who have enrolled in a special study program. They take a sample of 8 actuarial students in this program and determine that their scores are: 2, 5, 8, 8, 7, 6, 5, and 7. This sample will be used to calculate a 90% confidence interval for the mean score for actuarial students in the special study program.
-Referring to Table 8-4, the mean of the sample is____ , while the standard deviation of the sample is _____.
Correct Answer:
Verified
Q23: Given a sample mean of 2.1 and
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Q73: TABLE 8-15
A sales and marketing management magazine
Q74: TABLE 8-13
A university wanted to find out
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Q77:
Q79: Suppose a department store wants to estimate
Q80: TABLE 8-9
A wealthy real estate investor wants
Q81: TABLE 8-13
A university wanted to find out
Q82: TABLE 8-15
A sales and marketing management magazine
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