User Account

All Pages

Confidence interval for the population mean

Assignment Help Basic Statistics
Reference no: EM132025077

In a random sample of 23 ?people, the mean commute time to work was 33.8 minutes and the standard deviation was 7.3 minutes. Assume the population is normally distributed and use a? t-distribution to construct a 90?% confidence interval for the population mean mμ. What is the margin of error of mμ?? Interpret the results. The confidence interval for the population mean mμ is left parenthesis nothing comma nothing right parenthesis. ?(Round to one decimal place as? needed.)

Reference no: EM132025077

Questions Cloud

What is the minimum expected annual return for stock : In order to fund her retirement, Michele requires a portfolio with an expected return of 0.11 per year over the next 30 years. She has decided to invest.
Comparison of postgresql vs mysql features : Relational Database Systems implement the relational model to work with the data. Relational model shapes whatever information to be stored.
What level of expected cash flows : what level of expected cash flows does it make sense to abandon the project?
Difference between color blindness rates of men and women : Construct the 90% confidence interval for the difference between the color blindness rates of men and women.
Confidence interval for the population mean : The confidence interval for the population mean mµ is left parenthesis nothing comma nothing right parenthesis. ?(Round to one decimal place as? needed.)
The annual operating cash flow is projected : In other words, the annual operating cash flow is projected to be $60 × 6,600 = $396,000. What is the base-case NPV?
What is the best estimate of the current stock price : Orwell building supplies last dividend was $1.75. its dividend growth rate is expected to be constant at 48% for 2 years, after which dividends are expected.
Calculate the average in column g using the appropriate : Assume that each EXAM and participation weights the same in calculating the average. Format the table to be visually appealing.
What is the value of the project : What is the value of the project if OU Tech decides to issue $80,000 in bonds at an interest rate of 8% to finance the project?

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!

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