The graduate credit grade point average (CGPA) for students admitted to the business schools was 3.37. Assume this estimate was based on a sample of 120 students admitted to the schools. Using past...


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The graduate credit grade point average (CGPA) for students admitted to the business schools was 3.37.<br>Assume this estimate was based on a sample of 120 students admitted to the schools. Using past years'<br>data, the population standard deviation can be assumed known with o= 28. Calculate 95% confidence<br>interval estimate of the mean graduate CGPA for students admitted to the top graduate business schools<br>using the below table.<br>Confidence Level<br>a<br>a/2<br>90%<br>10<br>.05<br>1.645<br>95%<br>.05<br>.025<br>1.960<br>99%<br>.005<br>2.576<br>

Extracted text: The graduate credit grade point average (CGPA) for students admitted to the business schools was 3.37. Assume this estimate was based on a sample of 120 students admitted to the schools. Using past years' data, the population standard deviation can be assumed known with o= 28. Calculate 95% confidence interval estimate of the mean graduate CGPA for students admitted to the top graduate business schools using the below table. Confidence Level a a/2 90% 10 .05 1.645 95% .05 .025 1.960 99% .005 2.576

Jun 11, 2022
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