Calculating the confidence interval for the mean length

Assignment Help Financial Accounting
Reference no: EM133207365

Your samples usually contained 10 fish. You have been calculating the 99% confidence interval for the mean length of the fish for each sample. Let's say that your next sample contained 50 fish. If you calculated the 99% confidence interval for the sample of 50 fish would the range of its 98% confidence interval from this sample of 50 be larger or smaller than the range of the 99% confidence interval when the sample size was 10 fish? Why?

Reference no: EM133207365

Questions Cloud

Identifying risks of material misstatement : The following are three (3) different scenarios in which you need to evaluate two procedures used for financial statements. First you must determine whether th
Post the name of your wsj article in the subject line : Please read a current WSJ article (must not be older than 3 months) and provide the following: Post the name of your WSJ Article in the Subject Line
Approaches to accounting for equities : (a) Describe briefly the following three approaches to accounting for equities:
Determine temperatures and pressures of metamorphism : What are some of the ways in which geologists can determine the temperatures and pressures (or depths) of metamorphism?
Calculating the confidence interval for the mean length : Your samples usually contained 10 fish. You have been calculating the 99% confidence interval for the mean length of the fish for each sample.
Designing and delivering the training program : Designing and delivering the training program include trainee meals $ 4000, trainee materials $ 9000, and training evaluation cost $ 2000
Discuss the general nature of two concepts of income : Accountants have advocated two types of income statements based on differing views of the concept of income: the current operating performance and all-inclusive
Differences between french and american revolutions : De Anza College-What were the main differences between the French and American revolutions? How can we explain the different paths they took?
Discuss punctuated equilibrium model : Discuss Punctuated equilibrium model and What are the different group properties? Discuss each element

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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