Define the parameter of interest

Assignment Help Basic Statistics
Reference no: EM132581550

The average weight of 40 randomly selected minivans is 4150 pounds. The standard deviation of all minivans is 480 pounds.

a) Define the parameter of interest.

b) Find the 88% confidence interval for the parameter. Check the required condition(s) to validate the interval. Interpret the interval in the context of the question.

Reference no: EM132581550

Questions Cloud

Perform english to foreign language translations : A factorial experiment was designed to test for any significant differences in the time needed to perform English to foreign language translations
How to make payments on long term debt : How can assess whether it is likely that Ford can make pay it's accounts payable and also make payments on long term debt? Provide the suitable example.
Describe the parameter of interest : In a survey of 1430 randomly selected college students, 1087 reported that they have at least one credit card.
What documents the receiving report should be reconciled to : Why is it important to periodically a physical inventory when using the perpetual inventory system? the receiving report should be reconciled to what documents?
Define the parameter of interest : The average weight of 40 randomly selected minivans is 4150 pounds. The standard deviation of all minivans is 480 pounds.
Probability of canadians shop online : What is the probability that more than 72% but less than 81% of Canadians shop online in this sample? Make sure you check the required condition
Discuss the intangible asset has been treated correctly : Discuss whether the intangible asset has been treated correctly according to IAS38. H has its own mini video production at the campus.
Tabulate the probability distributions : A fair dice is rolled once. If the score is 3 or more, then the 'outcome' X is the score. If the score is 1 or 2, then the dice has to be rolled
How number consists of four different digits : A: The number does not contain digit 6. B: The number consists of four different digits. C: The number begins with digit 3.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Learned through the literature review

Given what we have learned through the literature review, our hypotheses are:

  Researchers hoping to track 30 of these children

Researchers hoping to track 30 of these children for several years test 742 newborns for the presence of this gene.

  Monte-carlo simulation of petroco service station

The time between arrivals of cars at the Petroco Service Station is defined by thw following probability distribution.

  Dollar amounts for loans made to earthquake victims

The dollar amounts for loans made to earthquake victims are normally distributed with a mean of $6,000 and a population standard deviation of $1,200.

  Calculate the average waiting time

Use the spreadsheet template in Table 7.9 to simulate a customer service desk with two servers. The start time of the process is 9:00 AM (cell C4), and the inter-arrival times (cells B5 to B14) are given in minutes. Calculate the average waiting ti..

  What is wrong with conclusion

He then calculates the percentages and finds that 10% of females and 6% of males had reoffended and concludes that female sex offenders were more likely to reoffend than male sex offenders. What is wrong with his conclusion?

  Weight in kilograms of parts

A production line is producing window hinges for an automotive company. The weight in kilograms of these parts is very close to the maximum

  Prepare a symbolic scatter plot of the data

b. State the regression model equivalent to covariance model (22.3) for this case; use 1, -I, o indicator variables. Also state the reduced regression model for testing for treatment effects.

  Computing the various statistical parameters

Assume there're three states of the economy: boom, moderate growth, and recession. The annual return on company A stock and company B stock in each state of the economy is given below

  Compare the population mean repair times

Comparing repair times in hours. Verizon uses permutation testing for hundreds of comparisons, such as between different time periods.

  As we have noted in previous chapters even a very small

as we have noted in previous chapters even a very small effect can be significant if the if the sample is large enough.

  Sample results to compute test statistic-p-value

a. State the appropriate hypotheses for your significance test. b. Use the sample results to compute the test statistic and the p-value.

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