Determine the minimum sample size required

Assignment Help Basic Statistics
Reference no: EM132851948

Determine the minimum sample size required when you want to be 98% confident that the sample mean is within two units of the population mean. Assume a standard deviation of 7.55 in a normally distributed population.

Reference no: EM132851948

Questions Cloud

Challenges that organizations often face to securely backup : Discuss some of the challenges that organizations often face to securely backup the workstations. Also two challenges specific to ecommerce organizations.
Make an initial forecast using quantitative methods : Suppose your company has an insufficient amount of past data upon which to make an initial forecast using quantitative methods.
How they are differentiator in the market : Name the organization and briefly describe what good or service they sell and where they operate. how they are a differentiator in the market.
What is the most likely average number of chin ups : What is the most likely average number of chin ups an females can accomplish at the population level based on this confidence interval.
Determine the minimum sample size required : Determine the minimum sample size required when you want to be 98% confident that the sample mean is within two units of the population mean
Empowering an organization to achieve its ultimate vision : Risk management is one of the most important components in empowering an organization to achieve its ultimate vision.
Analysis of nominated website : Analysis of nominated website - Write an analysis report - The structure of your chosen website should be covered properly
Consequences to organization you would emphasize : When a user does not follow security procedures, what are two consequences to the organization you would emphasize? Why?
What is the probability that she wins the next point : The two players rally back and forth until the birdie hits the ground. Let's assume the traditional scorekeeping system for badminton, where you score

Reviews

Write a Review

Basic Statistics Questions & Answers

  Test for single mean - what do you conclude

Test for single mean - What do you conclude - Compute z and P

  Construct a relative frequency table of x

(a) Construct a relative frequency table of X. (b) Graph this relative frequency table. (c) Calculate the sample I from (2-1b).

  Generate 1000 samples of size 350 from a binomial

about two out of every three gas purchases at cheap gas station are paid for by credit cards. 350 customers buying gas

  What is the sample mean

A guy took a sample of 10 midterm exam scores from a class of 30 students. The 10 scores are shown in the table below:

  Formulate linear constraints to maximize abc product

Formulate linear constraints to maximize ABC's product per week. Define your decision variables, state and explain your objective and constraints clearly.

  Conduct a marketing experiment in which students are to

conduct a marketing experiment in which students are to taste one of two different brands of soft drink.nbsp their plan

  What was the critical value for both the one- and two-tailed

What was the test statistic? What was the critical value for both the one- and two-tailed test? What is the significance level of the comparison

  Essential ingredients of economic analysis

Scarcity and choice are the two essential ingredients of economic analysis. A good is scarce when the human desire or need for it exceeds the amount freely

  The average rate of arrivals

1. Consider a point on the Trans-Australian Highway, where two old wombats live. Arrivals of cars at this point follow a Poisson distribution; the average rate of arrivals is 1 car per 12  seconds.

  Amount of monthly loan payment to amortize the loan

What is the amount of their monthly loan payment to amortize the loan?

  Sample size-nickel

A previous study of nickels showed that the standard deviation of the weight of nickels is 150 milligrams.

  Select a company maybe your employer and assess how it uses

investigate how a company uses data in marketingselect a company maybe your employer and assess how it uses data in

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