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

  What is the after-tax return if sell the stock in three-year

Assume capital gains are taxed at 50% and dividends are taxed at 25%. What is the after-tax return if you sell the stock in 3-years?

  Create journal entry to record transactions on june for ltd

Create journal entries to record the transactions on 30 June 2019 and 30 June 2020 in accordance to IAS 36/AASB 136 Impairment of Assets requirements.

  Calculate diluted earnings per share for year ended december

Calculate diluted earnings per share for the year ended December 31, 2020. The average market price during the last two months of 2020 was $20.

  Find the floor value of the convertible bond is

Find The floor value of the convertible bond is. NIT Ltd issued convertible bonds with a face value of $1,000 and a conversion ratio

  What is the clinic current level of business debt

What is the clinic's current level of business debt? A not-for-profit clinic is required to make monthly payments of $31,819.65 for the next 10 years

  What total credits on bramble corp trial balance are

What Total credits on Bramble Corp.'s trial balance are? Bramble Corp.'s trial balance at the end of its first month of operations reported

  How the loss on disposal would be

How the loss on disposal would be, If the machine were disposed of for $16,000 on May 1, 2020?On June 1, 2018, Morgan Manufacturing acquired a machine

  Determine the estimated residual value to be used

Recommend the estimated equipment life to be used (however, use management's assumptions of a 15-year useful life when calculating depreciation expense)

  Which would not cause a company cash flow from operations

Which would NOT cause a company's cash flow from operations to exceed its net income? A gain on the sale of fixed assets. / Depreciation expense.

  What is the value today of the program tuition

You anticipate living expenses of $24,000 each year, paid as $2,000. What is the value today of the program's tuition

  How much revenue should be recognized by the crane lawns

How much revenue should be recognized by the Crane Lawns Co. in each of the months of March, April, May, June, July, August, and September?

  Record the journal entry for the purchase of the assets

Assuming the same fair value of assets of $500,000, they paid $600,000 for the assets - how would the excess payment be accounted for?

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