Determining sample size using cofident

Assignment Help Basic Statistics
Reference no: EM1319092

Q1) Company that produces electronic components knows that standard deviation of lifetimes of those components is 100 hours. Company wishes to estimate mean lifetimes of components with the error that will not exceed 20 hours.

How large sample size must be taken to be   

a) 95% confident;

b) 99% confident, in their estimates?

Q2) Mean and standard deviation of random sample of 90 rivet heads produced by a company are 1.8451 mm and 0.0015 mm respectively. Determine a 99% confidence interval for mean diameter of all rivet heads manufactured by company. Also determine a 95% confidence interval for standard deviation of diameter of all rivet heads manufactured by company. Give your answers correct to four decimal places.

Reference no: EM1319092

Questions Cloud

Developing a hypothetical table of data using a grid : Develop a hypothetical table of data using a grid of 3 rows and four columns.
Simplify the number : Simplify the number
Meaning of term contingencies : Illustrate out the meaning of the term contingencies. Should contingency costs be included in a project proposal? Explain your answer.
Use graph to solve question : Use graph to solve question
Determining sample size using cofident : How large sample size must be taken to be 95% confident.
Probability for the mean weight for a sample : What is the probability that the mean weight for a sample of 40 trout exceeds 405.5 grams?
Assume to two firms in an industry with an index : Assume to two firms in an industry with an index of 5,000 announce a merger. The U.S. Justice Department concludes the merger will boost the index to 5,500. The antitrust authorities will most likely.
Estimate of the average tread life : What is the best estimate of the average tread life for the entire population of these tires?
A goodness of fit test and test of independence : Last school year, student body of a local university consisted of 30% freshmen, 24% sophomores, 26% juniors, and 20% seniors. A sample of 300 students taken from this year's student body showed the following number of students in each classificati..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Hypotheses for single proportion

Write the null and alternative hypotheses you would use to test the following situation.

  Following of the normal distribution

The number of passengers on the Carnival Sensation during one-week cruises in the Caribbean follows the normal distribution.

  A psychologist theorized where people can hear

Utilizing the .05 level, do the results support the psychologists' theory. A psychologist theorized where people can hear better when they have just eaten a large meal.

  Margin of error with confidence

An SRS of 100 of a certain popular model car in 1993 found that 20 had a certain minor defect in the brakes. An SRS of 400 of this model car in 1994 found that 50 had the minor defect in the brakes. Let p1 and p2 be the proportion of all cars of t..

  Student population has remained constant during this period

Develop an appropriate forecast model for the given problem whereas the student population has remained constant during this period.

  The number of units produced on the afternoon shift larger

Clark Heter is an industrial engineer at Lyons Products. He would like to conclude whether there are more units produced on the afternoon shift than on the day shift. A sample of 54 day-shift workers showed that the mean number of units produced w..

  Measures of variation and center for specific data

Calculate the Measures of Center and Measures of Variation for the following data set representing the chest size of 20 bears in inches.

  Describe the linear programming problem with constraints

Describe the Linear programming problem with constraints. Which among the following is not acceptable as a constraint in a linear programming problem?

  Linear programming model to maximize the profit

Formulate a linear programming model for this problem.

  Calculation and depiction of normal probabilities

On the same chart, produce a graph showing the original probability mass function, and a line graph showing your selected continuous probability density function.

  Control charts for attributes-p chart

Construct an appropriate control chart and comment on the process.

  Explain new product should be purchased for resale

You are considering adding a new food product to your store for resale. Explain how many units of the new product should be purchased for resale.

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