Fifteen Randomly Selected Men Were Asked to Run on a Treadmill

question 3

Multiple Choice

Fifteen randomly selected men were asked to run on a treadmill for 6 minutes. After the 6 minutes, their pulseswere measured and the following data were obtained: $$\begin{array} { r r r r r } 105 & 94 & 98 & 88 & 104 \\\hline 101 & 99 & 85 & 84 & 124 \\\hline 122 & 114 & 97 & 101 & 90\end{array}$$

• A) (93.7, 107.1); we are 95% confident that the mean pulse rate of men after 6 minutes of exercise is between 93.7 and 107.1 beats per minute.
• B) (94.9, 105.9); we are 95% confident that the mean pulse rate of men after 6 minutes of exercise is between 94.9 and 105.9 beats per minute.
• C) (94.2, 106.6); we are 95% confident that the mean pulse rate of men after 6 minutes of exercise is between 94.2 and 106.6 beats per minute.
• D) (95.2, 105.6); we are 95% confident that the mean pulse rate of men after 6 minutes of exercise is between 95.2 and 105.6 beats per minute.

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Definitions:

Product Reviews

Evaluations or assessments of a product's performance, quality, and usefulness, typically written by consumers or experts.

Moral Hazard

The situation in which one party takes greater risks because another party bears the cost of those risks, often seen in insurance and financial sectors.

Contract Parties

The entities involved in a contractual agreement, typically including at least one offeror and one offeree.

Adverse Selection

A situation where asymmetric information results in high-risk individuals being more likely to engage in agreements, potentially leading to market failure.