Determining the normal population with mean

Assignment Help Accounting Basics
Reference no: EM131002572

The variance of a sample of size n = 20 drawn from a normal population with mean 100 and variance 10 was obtained as s2 = 9.5.

(i) Determine the probability that S2 ≤ 10.

(ii) Determine the probability that S2 ≤ 9.5.

(iii) If the sample size increased by 50% but the computed sample variance remained the same, recompute the probability S2 ≤ 9.5.

(iv) Repeat part (iii) when the sample size is decreased from the original value of 50 by 50%.

Reference no: EM131002572

Questions Cloud

Planning diets for the food stamp program : The United States Department of Agriculture (USDA) is responsible for managing and administering the national food stamp program. This program provides vouchers to low income families that can be used in place of cash to produce food at grocery store..
Compute the speci?c value for the sample mean : Consider that the standard practice is for the quality control lab to select a sample of ns ball bearings, compute the speci?c value for the sample mean, x¯, and plot it on a chart with the following characteristics:
Determine free cash flows for dell in each : Determine free cash flows for Dell in each of the three years reported. Compare that amount with net income each year. What pattern do you detect?
Interested in promoting an art in the park : Imagine you are interested in promoting an Art in the Park weekend event. What types of forms might you need? What types of information would you need to collect, and which form controls would work best for collecting that information? (for example, ..
Determining the normal population with mean : The variance of a sample of size n = 20 drawn from a normal population with mean 100 and variance 10 was obtained as s2 = 9.5.
Dark traits under the trait approach of leadership : What are the three dark traits under the trait approach of leadership
Use the labor-leisure choice model to illustrate graphically : For each group identified in bold type below, use the labor-leisure choice model to illustrate graphically and then explain the change in the quantity of leisure desired. Be sure to explain how the group’s labor force participation rate is affected.
Appropriate fiscal policy to help stabilize the economy : Explain the most appropriate fiscal policy to help stabilize the economy. What are the implications of using fiscal policy to help stabilize an economy that is in a recession?
New standard deviation : What is the standard deviation σX¯ of the sample mean? If the sample size were reduced by 50%, what will be the new standard deviation σX¯ of the sample mean? To reduce the standard deviation to 50% of the value in (i), what sample size will be need..

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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