User Account

All Pages

Develop a point estimate of the proportion of the

Assignment Help Basic Statistics
Reference no: EM13578237

A simple random sample of 5 months of sales data provided the following information: Month: 1 2 3 4 5 Units Sold: 94 100 85 94 92 a. Develop a point estimate of the population mean number of units sold per month. b. Develop a point estimate of the population standard deviation. 14. BusinessWeek published information on 283 equity mutual funds (BusinessWeek, January 26, 2004). A sample of 40 of those funds is contained in the data set MutualFund. Use the data set to answer the following questions.

a. Develop a point estimate of the proportion of the BusinessWeek equity funds that are load funds.

b. Develop a point estimate of the proportion of funds that are classified as high risk.

c. Develop a point estimate of the proportion of funds that have a below-average risk rating.

Reference no: EM13578237

Questions Cloud

Compare the mean for the heights of males and the mean for : compare the mean for the heights of males and the mean for the heights of females in these data. compare the values and
Sean goes to pinnacle corp convinces the store manager that : sean goes to pinnacle corp. convinces the store manager that he is their loyal online customer ryan and purchases a dvd
If the alpha level is changed from a 05 to a 01 what : if the alpha level is changed from a .05 to a .01a. what happens to the boundaries for the critical region?b. what
If a product sells for 10 variable costs are 6 and fixed : if a product sells for 10 variable costs are 6 and fixed costs are 160000 what would total sales have to be in order to
Develop a point estimate of the proportion of the : a simple random sample of 5 months of sales data provided the following information month 1 2 3 4 5 units sold 94 100
The weights of cans of soup produced by a company are : the weights of cans of soup produced by a company are normally distributed with a mean of 15g and a standard deviation
What are the steps in the construction : what are the steps in the construction
Looking at the various reports an auditor can issue discuss : looking at the various reports an auditor can issue discuss the auditor s responsibility potential liability and
X is a normally distributed random variable with a mean of : x is a normally distributed random variable with a mean of 5.00. if the probability thatxis less than 6.32 is 0.67 as

Reviews

Write a Review

Basic Statistics Questions & Answers

  Calculate the slope and intercept in this problem

Construct a scatter plot and calculate the slope and intercept in this problem

  Test claim average age consumers by test statistics method

Using the confidence interval method, test the claim that the average age of consumers is at least 30 years ( α= 0.05). Test the same claim by using the test statistics method ( Z or T test).

  Intersection accidents-null-alternative hypotheses

The local municipality claims that since the percentage of intersections that had an accident last year decreased from the prior year, the city is now safer. What are the hypotheses for this situation? Is the city really safer?

  Relationship between a persons sociability and cheerfulness

Does knowing high school seniors' IQ scores indicate anything about their high school graduation grade point averages and Is there a relationship between a person's sociability and cheerfulness

  Question on poisson distribution

An insurance company has gathered the following information regarding the number of accidents reported per day over a period of 100 days.

  Obtain a point estimate of the proportion of defectives in

rc-cars purchases batteries which they include with their remote control cars for sale to the consumer. bill the owner

  Find minimum score need to receive award

Scores are whole values. The top 3% receive $500.00. what is the minimum score you would need to receive this award?

  Probability that next week-s show will have thirty viewers

What is the probability that next week's show will: Have between 30 and 37 million viewers? (Round z-score computation to 2 decimal places and your final answer to 4 decimal places.

  The p-value for a test of no association

We are interested in comparing the proportions of males and females who think earning a large salary is very important to them. I surveyed 200 of each gender and recorded their answers to the question as yes or no.

  Find out the mean, median

Find out the mean, median and mode for the given data

  Evidence that the population mean amount

Is there evidence that the population mean amount is different from 8.17 ounces? (Use a 0.05 level of significance.)

  What is minimum score to qualify child for programs

Typically, these children must have IQ scores in the top 5%. What is the minimum score to qualify a child for these programs?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd