Form a 90 confidence interval for the mean life of a light

Assignment Help Basic Statistics
Reference no: EM13621852

1. Acme Corporation manufactures light bulbs. The CEO claims that an average Acme light bulb lasts 300 days. A researcher randomly selects 30 bulbs for testing. The sampled bulbs last an average of 310 days, with a standard deviation of 25 days.

a) How many degrees of freedom are there?

b) Using a t-distribution table, find the critical value t* for a 90% confidence interval.

c) Form a 90% confidence interval for the mean life of a light bulb made by Acme Corporation. (Round the answers to three decimal places.)

f) Find the test statistic (show work).

g) Find the P-value (show work).

Reference no: EM13621852

Questions Cloud

Suppose an electron is accelerated by an electric field : suppose an electron is accelerated by an electric field between two plates plate a and plate b. assume the electron
The price of garner stock is 40 there is a call option on : the price of garner stock is 40. there is a call option on garner stock that is at the money with a premium of 2.00.
A long thin sierra pacific power line kilometers long : a long thin sierra pacific power line kilometers long carries a uniformly distributed charge of 8.1 microcoulombs per
Hedging interest rate risk- assume a savings institution : hedging interest rate risk- assume a savings institution has a large amount of fixed-rate mortgages and obtains most of
Form a 90 confidence interval for the mean life of a light : 1. acme corporation manufactures light bulbs. the ceo claims that an average acme light bulb lasts 300 days. a
Describe a call option on interest rate futures how does it : 1. describe a call option on interest rate futures. how does it differ from purchasing a futures contract?2. describe a
If the initial state of the mixture is 300 k and 100 kpa : a mixture that is 15 percent carbon dioxide 5 percent carbon monoxide 10 percent oxygen and 70 percent nitrogen by
Hedging with put options- why would a financial : hedging with put options- why would a financial institution holding the stock of hinton co. consider buying a put
Compute a 95 confidence interval for the mean depth mhu at : the wind mountain archaeological site is located in soutwestern new mexico. wind mountain was home to a culture of

Reviews

Write a Review

Basic Statistics Questions & Answers

  Exponential model questions

Create and answer two exponential model questions: Formula y = ab^x. Create and answer two continuously compounded interest questions: Formula A = Pe ^r*t

  Find the z-score for each student

Find the z-score for each student. Assuming both tests measure the same kind of ability, which student had the higher score?

  Hypothesis-tests and errors

With each hypothesis, indicate whether the appropriate analysis would be a one-tailed test or a two-tailed test and indicate a type I and type II error, given the context of the hypothesis.

  The data in the table represent daily ammonia

three-way catalytic converters have been installed in new vehicles in order to reduce pollutants from motor vehicle

  Suppose referendum to increase funding for education is on

suppose referendum to increase funding for education is on the ballot in a large town population over 100000. an exit

  Probability to receive five or more email during same period

What is the probability Linda Lahey, company president, received exactly 1 email between 4 P.M. and 5 P.M. yesterday? What is the probability she received 5 or more email during the same period?

  What is the probability of a sale given that the customer

a at a local car dealership the probability of a salesman making a car sale to a customer is 0.4. the probability

  Lower limit of confidence interval

The lower limit for a 95% confidence interval for the population proportion if a sample of size 200 had a 40 success is.

  Increasing the alpha level from 01 to 05 changing from a

explain how the power of a hypothesis test is influenced by each of the following. assume that all other factors are

  Confidence interval for proportion of delinquent customer

What is the 95% confidence interval for the proportion of all delinquent customer accounts at this manufacturing company?

  Sample standard deviation

We wish to construct a 90% confidence interval on the mean of a population known to be normally distributed based on a sample of 20 observations having a sample mean of 8 and a sample standard deviation of 2. What is the standard error?

  Find required sample size if confidence level is given

Pilot sample of 30 items indicates a sample standard deviation of 900. Determine the required sample size if the confidence level is 90%.

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