In an American Economic Review (Dec. 2008) study of college dropouts, one factor
ID: 3439713 • Letter: I
Question
In an American Economic Review (Dec. 2008) study of college dropouts, one factor thought to influence the college dropout decision was expected GPA for a student who studied 3 hours per day. In a representative sample of 307 college students who studied 3 hours per day, the mean GPA was xbar = 3.11 and the standard deviation was s = .66. Of interest is , the true mean GPA of all college students who study 3 hours per day.
a. give an interval that will contain most (at least 75% to apporximately 95%) of the 307 GPAs.
b. if you observe a GPA of 1.25, is it likely that this college student studied 3 hours per day? Explain
Explanation / Answer
a)
By chebyshev's theorem and empirical rule, this refers to within 2 standard deviations from the mean.
Thus, we have the interval
3.11 - 2(0.66) < x < 3.11 + 2(0.66)
or
1.79 < x < 4.43 [ANSWER]
**********************
b)
Yes, as it is outside the interval given in A.
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