Finding standard error of mean

Assignment Help Basic Statistics
Reference no: EM1319127

Q1) An automotive repair shop has find out that average service thime on automobile is 2 hours with standard deviation of 32 minutes. A random sample of 64 services is selected. Determine the probability that sample of 64 will have mean service time greater than 114 minutes    

Q2) Automotive repair shop has find out that average service time on automobile is 2 hours with standard deviation of 32 minutes. Random sample of 64 services is selected. Assume the population consists of 400 services. Find out the standard error of mean.

Reference no: EM1319127

Questions Cloud

Determining machining costs by activity-based costing : Hagar Co. computed an overhead rate for machining costs ($1,500,000) of $15 per machine hour. Machining costs are driven by machine hours. If computed based on direct labour hours, the overhead rate for machining costs would be $30 per direct labo..
Apply the mathematical model to solve problems : Apply the mathematical model to solve problems
Scatter diagram and coefficient linear correlation : Draw a scatter diagram of the following bivariate data.
Hypotheses for a right-tailed test : State the hypotheses for a right-tailed test.
Finding standard error of mean : Random sample of 64 services is selected. Assume the population consists of 400 services. Find out the standard error of mean.
How many days do they require to sample : The state highway department is studying traffic patterns on one of the busiest highways in the state. As part of the study, the department needs to estimate the average number of vehicles that pass an intersection each day. A random sample of 64 ..
How a profit from selling the drug : Elucidate how a profit from selling the drug. This is, in part, due to the fact to the company spent $1.2 billion developing the drug also obtaining FDA approval.
Sell of corporate bonds : Cathy purchased several corporate bonds from a large corporation five years ago. Cathy recently lost her job and has decided to sell the corporate bonds.
Discover the sample size to estimate population mean : A company is interested in estimating μ, mean number of days of sick leave taken by its employees. The firm's statistician randomly selects 100 personnel files and notes the number of sick days taken by each employee.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Determining mean number of passengers

The mean number of passengers per flight is 160 with a standard deviation of 20. The aircraft used for the route has 200 seats.

  Analysis of variance and its assumptions

Is there evidence of violations of the usual ANOVA assumptions of equal variances and normal populations? Set up and perform appropriate TESTS at the α = 0.05 level of significance.

  Hypothesis proposed by the researchers

The 'interaction effect' was also important. By using the means in the table above write a statement explaining how the anti-anxiety drug appears to affect anxiety. Are the outcomes consistent with the hypothesis proposed by the researchers?

  Best replacement policy using equipment replacement

Determine the best replacement policy over the next five years?

  Determining the largest possible value

Let 3 trails (they may not be independent), each of which is either success or not. Let X denotes number of successes. Assume E[X] = 1.8. Determine the largest possible value of P(X=3)?

  Interpretation of regression coefficients and estimation

In a regression analysis involving 30 observations, the following estimated regression equation was obtained.

  Example on interaction plot

They were planted in four different locations, so we will consider the field as a second factor because different soil and moisture types can also have an effect on yield. The interaction plot below was obtained.

  Data in the scatterplot

The data in the scatterplot below are an individual's weight and the time it takes (in seconds) on a treadmill to raise his or her pulse rate to 140 beats per minute. The o's correspond to females and the +'s to males.

  Calculating the expected number of days

Calculate the expected number of days it takes to get the order and standard deviation.

  Difference in the proportions

Construct a 95% confidence interval for the difference in the proportions of women and men who have regular exercise programs.

  Tests and statistics

Test the hypothesis that no difference exists between the groups at α = .05 and perform and report all related tests and statistics.

  Determining the marginal density

On randomly selected day, let X and Y, respectively, be proportions of time that the drive-in and walk-in facilities are in use. Determine the marginal density of X.

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