Find sales representatives in pharmaceutical industry sample

Assignment Help Basic Statistics
Reference no: EM13135704

You need to estimate the mean number of travel days per year for pharmaceutical sales representatives. The mean of a small pilot study was 125 days with a standard deviation of 14 days. If you must estimate the population mean within 2 days, how many sales representatives in the pharmaceutical industry should you sample? Use the 90% confidence interval.

Reference no: EM13135704

Questions Cloud

What is a stock split and what effect does it have on : What is a stock split and what effect does it have on the company’s stock? What effect will it likely have on the market value of the company’s stock?
Calculate the energy in j of a photon : Calculate the energy in J of a photon in the radar region of the electromagnetic spectrum that has a wavelength of 24.3 cm. Express answer in scientific notation.
Word paper on "is homosexual marriage acceptable". : writing a 1000 word paper on "Is Homosexual marriage acceptable".
Calculate the dividends per share : Calculate the dividends per share on each class of stock for each of the four years. Round all answers to nearest whole cent. If no dividends are paid in a given year, enter 0.
Find sales representatives in pharmaceutical industry sample : If you must estimate the population mean within 2 days, how many sales representatives in the pharmaceutical industry should you sample? Use the 90% confidence interval.
How much cash did haden receive from its customers : Haden Inc. had cash sales of $300,000 and credit sales of $1,050,000. The accounts receivable balance increased $15,000 during the year. How much cash did Haden receive from its customers during the year?
Calculate the frequency in s-1 of the photon : A mole of photons in the blue visible region of the electromagnetic spectrum has an energy of 2.54 × 10 2 kJ/mol, calculate the frequency in s-1 of the photon.
What was the net income of the financial brokers partnership : Shue, a partner in the Financial Broker Partnership, has a 30% share in partnership profits and losses. Shue's capital account had a net decrease of $100,000 during 2003. During 2003, Shue withdrew $240,000 as withdrawals and contributed equipment..
Capitalize and depreciate them over the estimated life : The proper accounting for these restoration costs is: Expense them as incurred. Capitalize and depreciate them over the estimated life of the mine. Add them into the depletion base of the mine.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Determining sample size requirements

Determine sample size requirements. When the results are available you would like your margin of error to be plus or minus 5% for the satisfaction measure and plus or minus $1.50 for the spending value.

  What is the research design and its variables

A sample of patients for one busy primary care practice is used as the comparison group. What is the research design and its variables?

  Determining confidence interval for mean difference

A fabric manufacturer wants to know how large an advantage in strength fabrics treated by the Permafresh method have over the fabrics treated by the Hylite process. Give a 90% confidence interval for the difference in mean breaking strengths.

  Find probability that at least five shoppers will enter mall

Shoppers enter Hamilton Place Mall at an average of 120 per hour, and the number and shoppers is Poisson distributed. What is the probability that at least 5 shoppers will enter the mall between 5:00 and 5:05 p.m.?

  Determining dvd defective or non-defective

Four percent of DVD players manufactured by an electronics company are defective. Suppose six DVD players are randomly selected from the production line. Each DVD player is determined to be defective or non-defective.

  Alternate hypothesis-improvement on the final examination

We will test to determine if there evidence of an improvement on the final examination, at the 1% significance level. What is the alternate hypothesis?

  Chi-square statistic tests for goodness of fit-independence

Gender differences in dream content are well documented (Winget & kramer, 1979). Suppose a researcher studies aggression content in the dreams of men and women.

  Number of treatments-in a two way anova

In a two-way ANOVA, there are 4 levels for factor A, 5 levels for factor B, and 3 observations for each combination of factor A and factor B levels. The number of treatments in this experiment equals:

  Confidence interval for the true average commuting time

You took the standard deviation of 4.5 minutes from a commuting friend and believe that that is the standard deviation for the area. Prepare a 95% confidence interval for the true average commuting time.

  Additional types of quantitative research recommendation

Address additional types of quantitative research recommendation to enhance the validity and reliability of the research findings.

  Correlation between height

Say, for example, the correlation is 0.75 between Height (measured in inches) and Weight (measured in pounds). If Height were changed to being measured in centimeters (where 1 inch = 2.54 centimeters) what effect would this have on the correlation..

  Sample space and probability

List the elements of the sample space S using the letters G and D for good and defective respectively. What is the mean number of defective hard drives that the small business receives if all their shipments come in sets of five that contain the sa..

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