Confidence interval estimate of the expected value

Assignment Help Basic Statistics
Reference no: EM131123203

The data from exercise 2 follow.

Xi

3

12

6

20

14

yi

55

40

55

10

15

a. Estimate the standard deviation of width=whenx= 8.

b. Develop a 95% confidence interval estimate of the expected value ofywhenx= 8.

c. Estimate the standard deviation of an individual value ofywhenx= 8.

d. Develop a 95% prediction interval forywhenx= 8.

Reference no: EM131123203

Questions Cloud

What are ethical implications involved in business decision : Assess the legal implications of moving business abroad specific to your chosen country. What are the advantages and disadvantages? What are the ethical implications involved in this business decision?
Who experiences recurring periods of severe depression : Major depression (also known as unipolar depression) is characterized by a severely depressed mood, If you have a friend who experiences recurring periods of severe depression, how would you determine whether she is suffering from SAD or bipolar di..
Major-medical insurance coverage : Of 500 employees, 200 participate in a company's profit-sharing plan (P), 400 have major-medical insurance coverage (M), and 200 employees participate in both programs. Construct a Venn diagram to portray the events designated P and M.
What psychiatric disorder is roommate attributing to sue : You're studying for your upcoming psychology exam when your roommate breezes in, saying: What psychiatric disorder is your roommate attributing to Sue? How is this different from schizophrenia
Confidence interval estimate of the expected value : a. Estimate the standard deviation ofwhenx= 8. b. Develop a 95% confidence interval estimate of the expected value ofywhenx= 8.
Currently enrolled in business statistics : Of 300 business students, 100 are currently enrolled in accounting and 80 are currently enrolled in business statistics. These enrollment figures include 30 students who are in fact enrolled in both courses.
How could you explain the behavior of mary fiance : When your family gathers for Thanksgiving, your cousin Mary brings her new fiancé; it's the first time he's met the whole family, and his behavior is a little strained: How could you explain the behavior of Mary's fiancé using situational attribut..
Show the optimal substructure : a few examples how your approach works. In cases where there are multiple longest sub-arrays, you just need to show one of them.
To investigate the effect of management training : Management Training An experiment was conducted to investigate the effect of management training on the decision-making abilities of supervisors in a large corporation. Sixteen supervisors were selected, and eight were randomly chosen to receive m..

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