Explain large sample confidence interval for population mean

Assignment Help Basic Statistics
Reference no: EM13105805

The lengths of 225 fish caught in Lake Michigan had a mean of 15.0 inches. Assume that the population standard deviation is 2.5 inches.

Give a point estimate for mu, the population mean .

Find the 90% confidence interval for the population mean length.

Reference no: EM13105805

Questions Cloud

Clarification of statistics-confidence interval : A random sample of 11 health maintenance organizations (HMOs) was selected. For each HMO, the co-payment (in dollars) for a doctor's office visit was recorded. The results are as follows:
Explain what is the most that you can invest in project : Explain what is the most that you can invest in this project at time 0 and still have a positive NPV?
Construct a scatter plot : Construct a scatter plot. Use the least squares method to fit a regression line. Interpret the meaning of the coefficients.
Explain the relationship between custom and standard goods : Explain the relationship between custom, option and standard goods and services as they relate to project, job shop, flow shop and continuous flow processes.
Explain large sample confidence interval for population mean : The lengths of 225 fish caught in Lake Michigan had a mean of 15.0 inches. Assume that the population standard deviation is 2.5 inches.
Research some executive dashboard products : Research some executive dashboard products, identify information that Lisa and Ruben would likely find valuable presented in a dashboard as well as how they would use the information
Car crash blocking the road : Estimate the probability that the next time you ride in a car, you will not be delayed because of some car crash blocking the road.
Define several two or more btob technologies : Define several 2 or more B2B technologies and applications and similarly describe several 2 or more applications or ways B2C can usage technology that your pastry business could utilize as part of an e-business strategy
Explain the concept of hierarchy of work : Explain the concept of hierarchy of work. Why is it useful in process design activities? Explain how a product's life cycle has important implications in terms of process design and choice.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Dewtermining dependent or independent events

Considering that the probability of event C is .44, of event D is .20, and the probability of their intersection is .088, determine whether C and D are dependent or independent events.

  Model assumptions for a regression model

Fitting of multiple linear regression equation - Give a list of the model assumptions for a regression model.

  Calculate the mean and variance of the sample data

The times needed to fall asleep are assumed to follow a normal distribution. The results for the two nights for the ten volunteers are shown below:

  Margin of error at confidence level

Suppose among 312 large city residents sampled, 65 refused to cooperate.  What is the margin of error at the 95% confidence level.

  Probability of getting a promotion and raise

Consider that you are a line manager in your current Corporation. There is a 0.50 probability that you will be promoted this year. There is a 0.65 probability that you will get a promotion or a raise. The probability of getting a promotion and a r..

  Employees randomly sampled over four weeks

A company's headquarters is located in downtown Chicago. The company is interested to know the mean driving time of its employees if they require their employees to start working at 6:00 am. Fifty employees are randomly sampled over four weeks and..

  T-test critical value assuming the variances are equal

A medical researcher is interested in whether patient's left arms or right arms are longer. if 14 patients participate in this study (so that n left arms and n right arms are measured), how many degrees of freedom should the researcher use in her ..

  Additional charges to redeem point or miles

Construct a 95% confidence interval estimate for the population proportion of airline travelers who think that the airline fee that is most unreasonable is additional charges to redeem point/miles.

  Forecasting of operations management

A manager receives a forecast for next year. Demand is projected to be 600 units for the first half of the year and 900 units for the second half.

  Investments in corporate stock versus corporate bonds

What are the primary differences between investments in corporate stock versus corporate bonds? Since bonds pay interest, does that imply the individuals risk exposure is less for investing in bonds rather than stock?

  Determining mean swipe rate

Find out the following: Mean swipe rate, Standard deviation of the swipe rate.

  Comparing percentage by empirical rule and chebyshev-s rule

Compare the percentage found in b) to percentage given by Empirical Rule and Chebyshev's Rule. (Make a table 3 x 3).

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