Attempting to estimate the annual income

Assignment Help Business Management
Reference no: EM131760581

Suppose that you take a sample of size 15 from a population that is normally distributed. Can the sampling distribution of x¯ be approximated by a normal probability distribution?

Suppose that you are attempting to estimate the annual income of 1200 families. In order to use the infinite standard deviation formula, what sample size, n, should you use?

Reference no: EM131760581

Questions Cloud

Mean annual consumption of coffee : Then determine whether the hypothesis test is left-tailed, right-tailed, or two-tailed. You may also choose to comment on a classmate's post.
What he perceives is an inflated billing charge : A phone call from an irate customer calling to complain about what he perceives is an inflated billing charge for a recent air-conditioner repair.
Prepare the journal entries for fisher : Prepare the journal entries for Fisher for the years of 2017 and 2018. 10 journal entries Can you show me each step so I can know how to do it in the future
Record the given transactions in the appropriate journals : On 1 November 2015 the directors issued 1000 each of 10% Preference shares at $100 each. Record the above transactions in the appropriate journals
Attempting to estimate the annual income : Suppose that you are attempting to estimate the annual income of 1200 families. In order to use the infinite standard deviation formula, what sample size, n, sh
Develop your companys acquisition and planning strategy : Develop your company's acquisition and planning strategy for obtaining a contract. Your competitor intends to submit a proposal for a one year contract.
Analyze the accounts and prepare the adjusting entries : Analyze the accounts and prepare the adjusting entries required using the additional information provided
Problem on home equity loan : In mid-2015, Elizabeth and Fitzwilliam, successful entrepreneurs, moved in together and bought a house. Although unmarried, they are co-owners of the property.
Make judgments on the quality of random : Read the report below and make judgments on the quality of random sampling for the study, using the scheme outlined above: (a) very well met

Reviews

Write a Review

Business Management Questions & Answers

  A firm is selling two products chairs besides bar stools

A firm is selling two products chairs besides bar stools each at $50 per unit. Spaces have a variable cost of $25 as well as bar stools $20. Fixed cost for the firm is $20,000.

  Integrate traditional marketing approaches

1. How do we integrate traditional marketing approaches with digital marketing? 2. How can we use electronic communications to differentiate our products and services?

  Comprehensive analysis of competitive market equilibrium

A comprehensive analysis of competitive market equilibrium by considering under production and over production. Must present arguments to prove or disapprove competitive are efficient.

  Show the effectiveness of email as a communication tool

Since organizations have hierarchies, and since email is a common communication tool, how effective is it as a communication channel?

  Wrong in a catastrophic event

Research and discuss the top three areas of concern which can go wrong in a catastrophic event. Explain why you chose these three areas. Describe the consequence that each of these problems has on a disaster recovery effort.

  Analyze how laws or regulations affect your present industry

Explain how laws or regulations affect your present job or industry. Describe various forms of Alternative Dispute Resolution (ADR) and discuss how this is different from the court system.

  Solve the consumer problem

Set up and solve the consumer's problem and find optimal c and c', assuming that the consumer is not credit constrained, i.e. he can borrow or save as much as he wants in the current period: what are the expressions and numerical values for consum..

  Describe the process of 360-degree feedback

Describe the process of 360-degree Feedback? Explain the importance of interpersonal skills in teams building?

  Groups tend to develop subgroups

The theory includes group relationships as well, the problem is that groups tend to develop subgroups, sometimes known as in-groups and out-groups.

  Existence of acknowledgments

(a) Using a similar approach to the one we discussed for slotted ALOHA, computer the throughput of the protocol. (b) Discuss [not compute] what changes you would need to do to the analysis in order to consider the existence of acknowledgments being ..

  The leadership styles

Influence ProcessesYou have been encouraged by a colleague to write a brief article about "CEOs and presidents" for a management journal. You have decided to compare the leadership styles of three leaders: Andrea Jung, IndraNooyi, and Brenda Barnes. ..

  Prepare an eps ebit analysis of the assigned company

Prepare an EPS-EBIT analysis of the assigned company for the project.- Discuss proposed changes that you are recommending that the company make, based on your research and work on strategic plan elements.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd