Explanation of central limit theorem

Assignment Help Basic Statistics
Reference no: EM1399479

Explain how the Central Limit Theorem can help you convince your boss that while you can't get rid of sampling error the results from your statistical work (that is based on sampling) can still be useful. HINT: This is more of a story response (i.e. discussion of theory) than a math response (i.e. numbers and calculations flying all over).

Reference no: EM1399479

Questions Cloud

Question of central limit theorem : The time spent by a factory worker A packing a box is a random variable with mean 3.5 minutes and standard deviation 1 minute. The times spent packing any two boxes are independent.
Calcultate what is the value of enthalpy : Calcultate what is the value of enthalpy H reaction If the temperature increased from 35.0  degree celsius to 76 degree celsius and the heat capacity of the calorimeter = 23.3kj/c ? (the molar mass of C2H5OH = 46.07g/mol. )
Analyze aquarius with respect to five contextual variable : Analyze Aquarius with respect to the five contextual variables. Explain how would you express the environment, goals, culture, size and technology for Aquarius?
What is the present value of a monthly payment : What is the present value of a monthly payment of $200 for every month through the next 8 years? Presume that the rate of interest is 6% annually.
Explanation of central limit theorem : Explain how the Central Limit Theorem can help you convince your boss that while you can't get rid of sampling error the results from your statistical work (that is based on sampling) can still be useful.
Explain three different kinds of thinking : Apply critical thinking to decision-making process by explaining workplace examples which highlight each of the three different kinds of thinking.
Sat scores and central limit theorem : SAT Scores and the Central Limit Theorem. Assume that SAT scores are normally distributed with a mean of 500 and a standard deviation of 100.
Provide example of ethical leadership : Give an example of ethical leadership. What are the characteristics of ethical leadership? And why do you think ethical leadership is important.
What are the assistances to boeing of outsourcing : What are the assistances to Boeing of outsourcing so much work on the 787 to foreign suppliers? What are the possible risks? Do the welfares outweigh the risk?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Test for a single population proportion

At the 5% level of significance, does this result support the conjecture?

  Relationship between variables to be positive or negative

State in each of given cases whether you would expect relationship between given variables to be positive or negative or neither.

  Purpose of truth for the given statement

The field of statistics can be roughly subdivided into two areas: descriptive statistics and probability.

  What is the probability that the students in the sample

The student body of a large university comprises 60% female students. Elucidate what is the probability that the students in the sample exactly two are female?

  Cpmputing mean of normal probability distribution

Area to right of mean of normal probability distribution is?

  Problem on central limit theorem area under a curve

The manufacturer of a coffee dispensing machine claims the ounces per cup is normally distributed with population mean equal to 8 ounces and standard deviation equal to 0.9 ounces. If 50 cups of coffee were measured, what is the possibility that- ..

  Overall statistical significance of model

Explain the overall statistical significance of the model, Explain the statistical significance for each independent variable in the model

  Psychological research situation

Describe a psychological research situation or scenario that would use a nonparametric test. Why would the nonparametric test be used?

  Least square regression model scatter diagram

Find the equation of least -squares line and plot the line on the scatter diagram of part (a)

  Measures the strength of the linear relationship

The linear correlation coefficient, r, measures the strength of the linear relationship the variables in a set of ordered pairs (x,y). What is the maximum and minimum values for r?

  Write out the multiple regression equation

Thompson Machine Works purchased several new, highly sophisticated machines. The production department needed some guidance with respect to qualifications needed by an operator. Four variables were listed.

  Determine independent variable and dependent variable

When an experiment is conducted, one variable is manipulated to see the impact on another variable -- that's why experiments address causation.

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