Confidence interval around the estimated mean number

Assignment Help Business Economics
Reference no: EM132023916

A study was conducted in 2010 examining the relationship between alcohol and spousal violence using a sample of male parolees (n = 18). One of the first objectives of the study was to assess the extent of alcohol problems in the parolees' lives. To do this, parolees were asked 20 questions relating to alcohol dependence (e.g., "Do friends or family members tell you that you drink too much?" "Have you wanted to stop drinking but couldn't?"). Based on these questions, these investigators constructed an index measured at the interval/ratio level to quantify the extent of drinking problems in each parolee's life. For the sample, the mean number of alcohol problems obtained from this index 7.09 problems with a sample standard deviation of 6.11 problems. 

Construct a 95% confidence interval around the estimated mean number of alcohol problems obtained from this sample.

Mean= 7.09                                          CI= (the sample mean) + & - Z(s.e.).

N= 18                                                     s.e.= s/

S= 6.11                                                   s.e.= 6.11/^(18-1) = 1.481

95%=(7.09)+ 1.96 (1.481)= 9.992

95% =(7.09) - 1.96 (1.481) = 4.187

CI of 95% = 4.187 to 9.992

Reference no: EM132023916

Questions Cloud

What are the two most important factors : What are the two most important factors in support of implementing IFRS for publicly traded companies in the United State
How much was cash basis income for winner corporation : Winner Corporation reported accrual basis sales of $300,000, cost of goods sold of $120,000, How much was cash basis income for Winner Corporation for the year
Use z-scores to make the comparison : Assume that male and female heights are normally distributed and that the average height for a male is 71 inches with a standard deviation
Evaluate technology solutions in the health care industry : Evaluate the organizational environment in the health care industry to recognize how technology solutions enable strategic outcomes
Confidence interval around the estimated mean number : Construct a 95% confidence interval around the estimated mean number of alcohol problems obtained from this sample.
Where do you get most of the water you drink on daily basis : Where do you get most of the water you drink on a daily basis? Were you suddenly required to cut your water consumption in half.
What is the probability distribution of the compensation : a) What is the probability distribution of the compensation that the motel must pay?
Mean fourth grade reading comprehension score : Alternate and null hypothesis and would the Null be retained in the situation? Lucy wants to know her fourth grade daughter, Monica, scored
What amount must the taxpayer include in gross income : An unmarried taxpayer itemized deductions in 2013. The taxpayer's itemized deductions were $6,650; What amount must the taxpayer include in gross income

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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