User Account

All Pages

Find a confidence interval for the population mean

Assignment Help Accounting Basics
Reference no: EM133006052

Question - Sales personnel for a product distributor submit weekly reports listing the customer contacts made during the week. A sample of 65 weekly reports showed a sample mean of 19.5 customer contacts per week. The sample standard deviation was 5.2.

a. Find a 90% confidence interval for the population mean and interpret.

b. Find a 95% confidence interval for the population mean and interpret.

c. Compare the intervals between 90% and 95% confidence level.

Reference no: EM133006052

Questions Cloud

What is the hedge that minimizes risk : The index is currently standing at 1000, and each contract is for delivery of $250 times the index. What is the hedge that minimizes risk
Critical race theory application : Critical Race Theory Application - critical race theory and concept of White supremacy as an analytical tool to understand racism, bias, and social inequality
Determine the appropriate audit opinion to be issued : The names of the controlled entities for which you have not acted as auditor are disclosed. Determine the appropriate audit opinion to be issued
Find how much do need to invest today : You need $2,000 to buy a new iPad in one year. If you can earn 7.5% annually, how much do you need to invest today? Provide the calculation.
Find a confidence interval for the population mean : A sample of 65 weekly reports showed a sample mean of 19.5 customer contacts per week. Find a 90% confidence interval for the population mean and interpret
How much would have at the end of fifteen years : You have $1000 to invest and you believe that you can earn 8% per year. How much would you have at the end of 15 years using compound interest?
How many toys expect to sell in eight years : How many toys you expect to sell in 8 years? Your company expects to increase sales of toys by 12% per year for the next 8 years.
Calculate the value of the technology today : Subsequent annual cash flows will grow at 2% in perpetuity. Calculate the value of the technology today if the discount rate is 10%
How much will have by the end of five years to buy a car : If you earn 10% per year, the nominal long-term average return on the Canadian market, how much will you have by the end of 5 years to buy a car?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd