Conduct second study to reduce the maximum error

Assignment Help Basic Statistics
Reference no: EM13131016

A researcher conducted a study of the access speed of 35 hard drives and concluded that his maximum error of estimate was 35. If he were to conduct a second study to reduce the maximum error of estimate to 7, about how many hard drives should he include in his new sample?

Reference no: EM13131016

Questions Cloud

Recycling newspapers : Write an equation representing the amount of money the class will make based on the number of tons of newspapers collected.
Calculate the costs of equity : Suppose in year 2011 the risk free rate was 6% the market free rate was 9% and the beta of the share was 1.54. Calculate the costs of equity.
Predominant organic acids present in softwoods : Predominant Organic Acids Present in Softwoods such as Pine, A wood chemistry course in which we are asked to explain the hierarchy of the organic wood acids present in softwood species like pine or spruce.
Depreciation expense using straight-line method : Mendenhall Corporation constructed a building at a cost of $10,000,000. Average accumulated expenditures were $4,000,000, actual interest was $800,000, and the usefull life is 40 years, depreciation expense for the first full year using the straig..
Conduct second study to reduce the maximum error : If he were to conduct a second study to reduce the maximum error of estimate to 7, about how many hard drives should he include in his new sample?
What are company’s departmental overhead rates if assemble : What are company’s departmental overhead rates if the assembly department assigns overhead based on direct labor hours and the finishing department assigns overhead based on machine hours?
Prepare a schedule of expected cash collections : From past experience, the company has learned that 20% of a month's sales are collected in the month of sale, another 70% are collected in the month following sale, and the remaining 10% are collected in the second month following sale. Bad debts ..
Opposing negotiating strategies meet to negotiate a deal : What techniques need to be employed by both parties when these two opposing negotiating strategies meet to negotiate a deal?
Explain reaction of methanoic and ethanoic acids : Reaction of methanoic and ethanoic acids with CaCO3, If I have a 1 liter aqueous solution that contains 15 mg/L methanoic acid and 15 mg/L ethanoic acid

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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