User Account

All Pages

Compute the margin of error at a 99% confidence level

Assignment Help Business Management
Reference no: EM132399827

Consider a population with a known standard deviation of 13.8. In order to compute an interval estimate for the population mean, a sample of 38 observations is drawn. [You may find it useful to reference the z table.]

a. Is the condition that X

X-  is normally distributed satisfied?

  • Yes
  • No

b.Compute the margin of error at a 99% confidence level. (Round intermediate calculations to at least 4 decimal places. Round "z" value to 3 decimal places and final answer to 2 decimal places.)

c. Compute the margin of error at a 99% confidence level based on a larger sample of 435 observations. (Round intermediate calculations to at least 4 decimal places. Round "z" value to 3 decimal places and final answer to 2 decimal places.)

d. Which of the two margins of error will lead to a wider confidence interval?

  • 99% confidence with n = 435.
  • 99% confidence with n = 38.

Reference no: EM132399827

Questions Cloud

SLWK 2010 INTRODUCTION TO COMMUNITY SOCIAL WORK- Question : SLWK 2010 INTRODUCTION TO COMMUNITY SOCIAL WORK Assignment Help and Solutions, Dalhousie University,Canada-how do people feel about the community?
Solve the problem using bounded buffer space : can we solve the problem using bounded buffer space if the propagation delay is arbitrarily large?
Develop a strategy for increasing market share : Develop a strategy for increasing market share in the first home buyer market. You come up with a specific range of products which will be marketed
Find the standard error of the sampling distribution : (a) Find the standard error of the sampling distribution. Round your answer to 4 decimal places.
Compute the margin of error at a 99% confidence level : Consider a population with a known standard deviation of 13.8. In order to compute an interval estimate for the population mean, a sample of 38 observations is
Represents a probability distribution : a) State the two criteria that prove the table represents a probability distribution. b) Find the mean ( m ) and the standard deviation ( s )
What is the probability that he carries hiv : For those who do not carry HIV, the test is 92.6% accurate. If an individual from Swaziland has tested positive, what is the probability that he carries HIV?
Distribution of p-hat along with the associated parameters : Suppose a sample of size 100 is selected. State the sampling distribution of p-hat along with the associated parameters.
Find the standard error of the sampling distribution : (a) Find the standard error of the sampling distribution. Round your answer to 4 decimal places.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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