Determine the mean oil production with 95 percent confidence

Assignment Help Mathematics
Reference no: EM1319836

Question: A random sample of the number of barrels [in millions] of oil produced per day by world countries is listed below. Determine the mean oil production with 95 percent confidence. Round intermediate steps and the final answer to three decimal places.

5,448          5,908          6,090          6,306          7,151          8,433          9.933

5,563.094 < µ < 8,528.764

5,548.094 < µ < 8,528.764

5,548.094 < µ <8.543.764 

5,563.094 < µ <8.543.764

 

Reference no: EM1319836

Questions Cloud

Find the probability on normal distribution : Find the probability that a randomly selected teacher makes less than USD 40156 a year? Round your final answer as a percent rounded to two decimal places.
Find the probability of 14 : Find the probability of 14 or more widowed people in a random sample of 290 bowling league members?
Problem based on normal approximation : In a random sample of 330 homes, what is the probability that more than 70 do not have an answering device? The probability that more than 70 do not have an answering device
Find the sample mean : ow large a sample must be selected if he wants to be 99 percent confident of finding whether the true mean differs from the sample mean by 2.5 hours?
Determine the mean oil production with 95 percent confidence : Determine the mean oil production with 95 percent confidence
Find the confidence interval for the population mean : Find the confidence interval for the population mean
Make an interval estimate of the mean : Make an interval estimate of the mean so that you are 90 percent confidant that the true mean is in your interval.
Real mean difference in interval : Real mean difference in interval
Determine any significant differences among the treatments : Use an ANOVA with alpha=.05 to determine whether there are any significant differences among the three treatments.

Reviews

Write a Review

Mathematics Questions & Answers

  Confidence interval for population proportion of drug test

Confidence interval for population proportion of drug test.

  Construct a computer simulation model to track of cash flow

Construct a computer simulation model to keep track of the cash flow

  The linear equation related to the real life

Think of a mathematical function that represents something from your own life.  For example, Assume the number of beers you drink depends on the number of football games you watch.

  Valid probability distribution for a sample space

Multiple choice question from Probability and Set Language and valid probability distribution for a sample space

  Determine the dimensions of largest possible area

Determine the dimensions of largest possible area of a rectangular garden - What are the dlmensions area if $1200 is to be spent for fencing material?

  Calculate the derivative of trigonometric function

Calculate the derivative of trigonometric function.

  Systems of ode

Find all the xed points, and study their stability and Draw the phase portrait of the system, as well as the graphs of the solutions in all relevant cases.

  Solving the word problem using the properties of similar tri

Solving the word problem using the properties of similar triangles

  Find the position of a particle

Suppose the position of a particle after t seconds is given by the following vector equation - evaluate each of the following vectors:

  Determine accumulated rate of change using definite integral

Determine accumulated rates of change using definite integral - Explain how this represents an accumulated rate of change in detail

  Finding the probability from the given data

Finding the Probability from the given data - find the probability of getting no cracked candy canes.

  The form of augmented matrices

The form of augmented matrices.

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