Estimating the mean weekly child-care cost

Assignment Help Basic Statistics
Reference no: EM1397852

Merrill Lynch Securities and Health Care Retirement Inc. are two large employers in downtown Toledo, Ohio. They are considering jointly offering child care for their employees. As a part of the feasibility study, they wish to estimate the mean weekly child-care cost of their employees. A sample of 10 employees who use child care reveals the following amounts spent last week.

107 92 97 95 105 101 91 99 95 104

Develop a 90 percent confidence interval for the population mean. Interpret the result.

Reference no: EM1397852

Questions Cloud

Adaptations to high elevation in tibet : Human populations originally descended from Africa. From there, several expansions into new habitats and environments resulted in cultural and genetic adaptation. One of these adaptations involved the low-oxygen habitats that occur at high altitude.
Use a constitutive promoter construct to turn snrpn : Loss of 15q 12, the PWS/AS region produces different symptoms depending on the parent of origin. PWS results from the loss of paternal copies of this region. Deletion of the same region on the maternal chromosome causes AS.
Determining anova-regression : What type of situation would I be able to understand how to use regression as a key driver as an influence in sales or other outcomes?
Determine the km and vmax values for the enzyme : Determine the Km and Vmax values for the enzyme in the presence and presence of the inhibitor. Report Km or Vmax values in mM or mM/min as appropriate.
Estimating the mean weekly child-care cost : As a part of the feasibility study, they wish to estimate the mean weekly child-care cost of their employees. A sample of 10 employees who use child care reveals the following amounts spent last week.
Explain how the cell regulates the transition : Explain how the cell regulates the transition from G1 phase to S phase. Describe the functions of the major regulatory proteins (which can include tumor suppressors).
Multiply by using shift and add instructions : How does real time PCR work to quantify the initial amount of the DNA template? How should the method be modified to quantify the initial amount of RNA template extracted from tissue or cells?
Determining long term effect of energy drink on fruit flies : Suppose you're interested in determining the long-term effect of 5-hour energy drink on fruit flies by studying mutants. Would you undertake a forward genetic screen or a reverse genetic screen?
How courts have upheld rights of employer : Courts have upheld rights of employer to do this. Write down your thoughts about this? Should company be able to dictate behavior when you are in your own home?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Variation in the independent variable

Multiple choices based on regression analysis - the percentage of variation in the dependent variable explained by the variation in the independent variable

  Find the mean for the combined sample

Estimating the combined mean values for the given data - find the mean for the combined sample

  Interpret test statistic

Estimate and interpret the p-value of the calculated test statistic above.

  Assumptions of linear regression

When is regression used? What are the assumptions of Linear Regression? What is correlation? How does it differ from regression? What is the interpretation of the correlation coefficient?

  Distribution of scores in sample-identify data skewed or not

A record executive is interested in the popularity of her label's newest band, The Standard Deviations. She asks 10 people how many Standard Deviations songs they know.

  Binomial probability tables

In a large western university, 15% of the students are graduate students. If a random sample of 20 students is selected, what is the probability that the sample contains:

  Determining evidence of difference in median performance

Is there evidence of difference in median performance between two methods? (Use α = 0.05.)

  Confidence interval for the true average commuting time

You took the standard deviation of 4.5 minutes from a commuting friend and believe that that is the standard deviation for the area. Prepare a 95% confidence interval for the true average commuting time.

  Confidence interval for the population proportion

What statement can you made by using the rule of three, about the proportion p, of all its computers which are defective?

  Evaluate the range and variance

Descriptive statistics for given data - Evaluate the range, variance, and standard deviation of the data set.  Interpret the results in the context of the real-life setting.

  Standard deviation of the population

This distribution is positively skewed. The standard deviation of the population is not known.

  Estimating the mean tensile strength

Suppose the inspector is unhappy with the previous result and would like to resample. How many rolls should be sampled to estimate the mean tensile strength within 1.5 PSI with 95% confidence?

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