Effect of sample size on confidence intervals

Assignment Help Basic Statistics
Reference no: EM13105338

The National Assessment of Educational Progress (NAEP) sample of 1077 young women had mean quantitative score =275. Take it as known that the standard deviation of all individual scores is = 60.

1. Suppose that the same result, the mean quantitative score = 275, had come from a sample of 250 women. Give the 95% confidence interval for the population mean in this case.

2. Then suppose that a sample of 4000 women had produced the sample mean 275, and again give the 95% confidence interval for the population mean.

3. What can you say about the effect of sample size on confidence intervals?

Reference no: EM13105338

Questions Cloud

Explain what court will have jurisdiction over tanya’s suit : Explain what court will have jurisdiction over Tanya’s suit? Why? Is the Misperception statute constitutional? Deliberate your legal reasoning.
Explain how would you change the system : Can increased sales be linked directly and / or indirectly to the appraisal system? Explain how about some of the other performance effects? Explain how would you change the system?
Describe the basic control process : How can a manager determine if more control is necessary, or even possible? Identify and describe the various methods that managers can use to maintain control. Describe the basic control process.
Description of margin of error : A national Retail Foundation survey found housholds intended to spend an average of $932 during the December holiday season. Assume that the survey included 850 households and that the standard deviation of the sample is $215.
Effect of sample size on confidence intervals : Then suppose that a sample of 4000 women had produced the sample mean 275, and again give the 95% confidence interval for the population mean. What can you say about the effect of sample size on confidence intervals?
Explain company''s pension fund is remunerated : The manager of your company's pension fund is remunerated based entirely on fund performance he earned over $1.2 million last year. As a result the fund is anticipating a proposal to cap
Illustrate what can a manager do to increase the usefulness : In that case, should the manager use the imperfect information or not? Illustrate what can a manager do to increase the usefulness of imperfect information?
Illustrate what is the difference among managing-leading : Illustrate what is the term used when conclusions based on the aggregated crosstabulation can be completely reversed when you look at the unaggregated data?
Provide segmented financial information for a company : Discover the financial statements for an openly traded company that provides segmented financial information. Make an outline approximately 300 words of what is revealed about the company through its segmented data.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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