Find margin of error to create confidence interval

Assignment Help Basic Statistics
Reference no: EM13141376

A researcher wants to create a 99% confidence interval for the population mean. He has a sample of n=120, an x-bar of $340, and a sample standard deviation of $122. What is the margin of error?

Reference no: EM13141376

Questions Cloud

Victorian wine growers : The Victorian Wine Growers Association (VWGA) has many shareholders. There are several kinds of shareholders within the association: Grower, Employee and Private.
Determine selling price of mobile phones : Determine the markup percentage (rounded to two decimal places) for mobile phones. Determine selling price of mobile phones. Round to the nearest dollar.
Computing estimated cost of missing inventory : A physical inventory taken on December 31, 2010, resulted in an ending inventory of $700,000. Keen"s gross profit on sales has remained constant at 25% in recent years. Keen suspects some inventory may have been taken by a new employee. At Decembe..
What is the ph of a solution : One liter of a buffer solution is prepared by dissolving 0.150 mol of NaNO2 and 0.070 mol of HCl in water. What is the pH of this solution? If the solution is diluted two fold with water, what is the pH?
Find margin of error to create confidence interval : A researcher wants to create a 99% confidence interval for the population mean. He has a sample of n=120, an x-bar of $340, and a sample standard deviation of $122. What is the margin of error?
Depreciation using the straight-line method : A piece of equipment purchased on January 1, 2011, for $16,000 was estimated to have a residual value of $4,000 at the end of its three-year useful life. If the equipment was depreciated using the straight-line method and disposed of on December 3..
Explain the mode of action of cholera in the human : Explain the mode of action of cholera in the human intestinal tract. What is the mode of transmission? What are "viable-but-non-culturable" bacteria, and how do they relate to cholera surveillance?
Explain half-wave rectifier : Half-Wave Rectifier, For the half-wave rectifier, the source is a sinusoid of 120 Vrms at a frequency of 60 Hz. The load resistor is 5 ohms. Determine
Determine markup percentage for mobile phones : Determine the total costs and the cost amount per unit for the production and sale of 3,500 units of mobile phones. Determine markup percentage(rounded to two decimal places) for mobile phones

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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