Create confidence interval estimate of standard deviation

Assignment Help Basic Statistics

Reference no: EM13123505

100 M&M candies are randomly selected. The 100 weights have a standard deviation of 0.0518 g. Construct a 95% confidence interval estimate of the standard deviation of weights of all M&Ms.

Reference no: EM13123505

Questions Cloud

How is the equilibrium price determined : How is the equilibrium price determined? What happens if the price is above the equilibrium price? What happens if the price is below the equilibrium price?

Create an income statement for year using absorption costing : compute the unit product cost under both absorption and variable costing. Create an income statement for the year using absorption costing

Compute the cost to retail percentage : Compute the cost to retail percentage used by New York Sales Inc.

What is the margin of safety expressed : If Fama Company, with a break-even point at $360,000 of sales, has actual sales of $480,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number.

Create confidence interval estimate of standard deviation : 100 M&M candies are randomly selected. The 100 weights have a standard deviation of 0.0518 g. Construct a 95% confidence interval estimate of the standard deviation of weights of all M&Ms.

Calculate the amount of fe2(so4)3 formed : 2.9 mol Fe(OH)3 and 7.7 mol H2SO4 react according to the equation 2 Fe(OH)3 + 3H2SO4 ->Fe2(SO4)3 + 6H2O. If the limiting reactant is Fe(OH)3, calculate the amount of Fe2(SO4)3 formed.

Illustrate what amount should farley report as allowance : During 2009, Farley wrote off $650,000 of accounts receivable. Credit sales for 2009 were $18,000,000. In its December 31, 2009 balance sheet, illustrate what amount should Farley report as allowance for uncollectible accounts? f common shares is..

Blue niles strategy for success in the marketplace : What is Blue Nile's strategy for success in the marketplace? Does the company rely primarily on a customer intimacy, operational excellence, or product leadership customer value proposition? What evidence from the 10-K supports your conclusion?

Explain does data disagree using level of significance : As a part of the editorial a random sample of 260 households showed 170 own pets. Does this data disagree with the Pet Food Dealers Association data? Use a 0.05 level of significance.

User Account

All Pages