Confidence interval for the population mean repair cost

Assignment Help Basic Statistics
Reference no: EM131099723

In a random sample of 40 refrigerators, the mean repair cost was $121.00 and the population standard deviation is $15.80. Construct a 90%confidence interval for the population mean repair cost. Interpret the results.

Construct a 90% confidence interval for the population mean repair cost.

The 90%confidence interval is__,___?

Interpret you results. Choose the correct answer below.

A.The confidence interval contains 90% of the mean repair costs.

B.With 90% confidence, it can be said that the confidence interval contains the sample mean repair cost.

C.With 90% confidence, it can be said that the confidence interval contains the true mean repair cost.

Reference no: EM131099723

Questions Cloud

Development of the hippocampal region in adolescents : Researchers want to measure the effect of alcohol on the development of the hippocampal region in adolescents. The researchers randomly selected 11 adolescents with alcohol use disorders. They wanted to determine whether the hippocampal volumes in..
Determining the favorable variance : At the end of the month, the total labor costs have a favorable variance. The labor rate is the reason for the variance. Is Shelly unethical in her actions? What could happen because of her actions?
Compute the test statistic : To test H: u = 20 versus H:u
Research and overview of the higher education industry : Research and overview of the higher education industry in the United States of America highlighting the public and private sector - State university and community college social goals and public service
Confidence interval for the population mean repair cost : In a random sample of 40 refrigerators, the mean repair cost was $121.00 and the population standard deviation is $15.80. Construct a 90%confidence interval for the population mean repair cost. Interpret the results.
Calculate a four-day moving average : 1. Assume the following daily closings for the Dow Jones Industrial Average:
Should you select this option for your course project : Find another reading by one of the authors that we studied that we did not cover in this class. Compare and contrast the reading from this class to the outside reading. Have a debatable, persuasive claim and focus on specific points of comparison.
Determine the flowrate and the pressure in the hose : Determine the flowrate and the pressure in the hose - Determine the temperature after compression, in K.
Interactions among the variables : Describe the relationship you expect to find between each variable and any interactions among the variables. You may wish to include a rationale for your hypothesis.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Assume the variable is normally distributed a if a

at a publishing company the mean age of proofreaders is 36 years old and standard deviation is 4 years. assume the

  Determining value of the test statistic

Determine the calculated value of the test statistic? What distribution does test statistic have when null hypothesis is true?

  What is the null hypothesis for study

A college class believes that the average grade average of psychology students and the average grade averages of biology students are different.

  Determine trial control limits for an x control chart

If each item is supposed to have a value within 35 ± 10, what is your estimate of the percentage of items that will fall within this specification?

  Confidence interval of the true mean age

In a study of 24 criminals convicted of antitrust offenses, the average age was 55 years, with a standard deviation of 7.6 years. Construct a 98% confidence interval of the true mean age.

  Find probability that cloths grabs are the wrong size

Hanging on the rack are 4 medium, 10 large, and 6 extra-large blouses. Find the probability of each event described. The fi rst two blouses she grabs are the wrong size.

  The data show the bug chirps per minute at different

the data show the bug chirps per minute at different temperatures. find the regression equation letting the first

  A sample of 100 flights for united airlines shows that 64

a sample of 100 flights for united airlines shows that 64 are on time. a sample of 100 flights for american shows that

  The example that i created last week was forecasting

please give me a response to each discussion post telling me what you liked or disliked and provide any other

  What is the probability that the first card is an ace

If the card selection is without replacement, what is the probability that the first card is an ace and the second card is also an ace? (Express the answer in simplest fraction form)

  What is the probability that you will find more than one

a fellow student claims that 10 of the mampm candies are red. you take a random sample of 10 candies.a what is the

  Failure to reject the null hypothesis

Assuming that a hypothesis test of the claim has been conducted and that the conclusion is failure to reject the null hypothesis, state the conclusion in nontechnical terms.

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