Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
In order to evaluate the reasonableness of a firm's stated total value of its parts inventory, an auditor randomly samples 50 of the total 400 parts in stock, prices each part, and reports the results shown below.
Part Price: $55 $34 $57 $52 $85 $100 $39 $76
Sample size 3 8 5 8 8 9 8 1
a. Give a point estimate of the mean value of the parts inventory. (round to the nearest cent)
b. Find the estimated standard error of the point estimate of part a. (round to nearest cent)
c. The auditor estimates the mean value of the parts to be in the interval $_____ to $_____ with 95% confidence. (round to nearest cent)
d. The firm reported a mean parts inventory value of $65. What does the confidence interval of part c suggest about the resonableness of the firm's reported figure? Options: Means nothing, reasonable value, not a resonable value.
A school only accepts students with the top 20% of sat scores. The sat has a mean of 500 and a standard deviation of 100. what actual score should be used as the cut-off score?
question the annual sales of playground equipment follow the normal distribution. however the mean and standard
Suppose that this test is given to 1000 students. What is the number of students that are expected to make scores between 170 and 230?
13% red, 14% yellow, 16% green, 20% orange, and 24% blue. In a random sample of 12 M & M's what is the probability of having 2 of each color?
In Dallas, some fire trucks were painted yellow (instead of red) to heighten their visibility. During a test period, the fleet of red fire trucks made 153,348 runs and had 20 accidents
when 12 bolts are tested for hardness their indexes have a standard deviation of 41.7. test the claim that the standard
For following scores determine values of each expression: X: 4, 2, 1, & 5. åX, åX 2 , (åX) 2 , å(X-1).
Assume you are using ANOVA to study some phenomenon. There are three treatment levels and a total of 17 people in the study. Complete the following ANOVA table.
a report states that 57 of home owners had a vegetable garden. how large a sample is needed to estimate the true
At the .01 significance level, is there a difference in the mean number of times men and women order take-out dinners in a month? What is the p-value?
A and B are two intersecting sets, and a, b, ab, and x represent the usual symbols for the number of elements contained in the four defined areas of the associated Venn Diagram. Find the values of ab and a if:
a coin is flipped. if a heads is flipped then the coin is flipped 2 more times and the number of heads flipped is noted
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd