Expected value of the sampling distribution model

Assignment Help Basic Statistics
Reference no: EM131115750

The National Center for Education Statistics reports that the proportion of college freshmen who return to the same school for their sophomore year is 0.66. Suppose we select a random sample of 450 freshmen from across the nation.

Question 1. What is the expected value of the sampling distribution model for the proportion of 450 freshmen that will return to the same school for their sophomore year?

Question 2. What is the standard deviation of the sampling distribution model for the proportion of 450 freshmen that will return to the same school for their sophomore year?

(Round to 3 decimal places)

Question 3. What is the probability that the proportion of these 450 freshmen that return to the same school for their sophomore year is less than 0.73?

(Round to 4 decimal places)

Reference no: EM131115750

Questions Cloud

What liability relative to these transactions : What liability relative to these transactions would appear on the December 31, 2010, balance sheet and how would it be classified if the cash-basis method is applied?
Sleep per night for a random sample : Find the probability that the hours of sleep per night for a random sample of 16 college students has a mean x between 6.78 and 6.92.
What is link between an international business strategy : What is the link between an international business’s strategy and its human resource management policies, particularly with regards to the use of expatriate employees and their pay scale?
Consider continuous review inventory system : Consider a continuous review inventory system. Demand is normally distributed with an average of 13,600 per month and a monthly standard deviation of 225 units. Lead time is one week. If the firm desires a 97% CSL, how many units of safety stock shou..
Expected value of the sampling distribution model : The National Center for Education Statistics reports that the proportion of college freshmen who return to the same school for their sophomore year is 0.66. Suppose we select a random sample of 450 freshmen from across the nation. Question 1. What..
How should a company regulate ethical conduct : How should a company regulate ethical conduct within the organization?
Why would an organization care whether its supervisors speak : How could the hospital in this example have prepared its supervisors to understand their proper role during an organizing campaign? Explain and justify your answer.
Calculate and clearly show the material and labor variances : Calculate the standard cost, and the material and labor variances for Russell Uszak Company.RU Co. made 2,050 DVD players during March. What is the standard (expected) cost of making the 2,050 DVD players? Please calculate and clearly show the mater..
In terms of the behavioral effect on consumers : In terms of the behavioral effect on consumers, how would a computer, such as an Apple desktop or laptop be classified? In light of this classification, what actions would you suggest to the manufacturers of these products to increase their sales in ..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Six independent variables using regression

Find the most powerful predictor among the six independent variables using regression.

  Description of induction proof

Use mathematical induction to prove that : 1*2+2*3+3*4+....+n(n+1)(n+2)/3 for all n >_1 and (2) Find d=gcd (721 , 448), find integers s and t with d=721s + 448t, and put the fraction 448/721 in lowest terms.

  What is the possibility that it is blue or white

If you draw two balls without replacing the first one, what is the possibility that one ball is red and the other is white.

  Tere are 15 boys and 30 girls in class and 10 are to be

there are 15 boys and 30 girls in class and 10 are to be randomly selected for special project. whats the probability

  Find out standard deviation to produce aa batteries

Based on testing, company makes following statement: "Our batteries last the average of 430 to 470 minutes, and our confidence in that interval is 95%" Find out standard deviation and show work.

  Calculate the unit contribution margin for each product

A bicycle manufacturer makes two types of 21-speed bicycles, Road Bikes and Track Bikes. He has sales staff who sell the bikes on commission. Calculate the unit contribution margin for each product

  Find approximate values of mean and standard deviation

Heights of college-aged women are approximately bell-shaped and symmetric, with almost all of them (95%) falling between 58" and 72". Find the approximate values of the mean and standard deviation.

  Opportunities to cross safely by the time

Imagine there are exactly m opportunities to cross safely by the time the nth shock occurs. What is the probability that the mth opportunity is a close call (that it occurs immediately before the nth shock).

  The number of people living in a household

A sample of 400 Regina households is selected and several variables are recorded. Which ofthe following statements is correct?a) Total household income (in $) is interval level data.b)

  Probability of the diameter of a selected bearing

The diameters of ball bearings are distributed normally. The mean diameter is 74 millimeters and the variance is 16. Find the probability that the diameter of a selected bearing is less than 78 millimeters.

  How large of a sample is required how large of a sample

suppose the u.s. president wants an estimate of the proportion of the population who support his current policy toward

  The national academy of science reported in a 1997 study

perform hypothesis tests. please label the test statistic you found t value z value or chi square and the value. for

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