How large of sample be studied to be accurate

Assignment Help Basic Statistics
Reference no: EM13126003

If a restaurant owner wants to find the 95% confidence interval around the true mean cost of a pizza, how large of a sample should be studied if the standard deviation from a previous study was 26 cents and he wants his estimate to be accurate to within 15 cents?

Reference no: EM13126003

Questions Cloud

Find probability that mean age of doctors is less : Find the probability that the mean age of those doctors is less than 53.00 years. Assume that the variable is normally distributed.
What is the appropriate transfer price : Hawkeye Enterprises runs a chain of drive-in ice cream stands in Iowa City during the summer season. What is the appropriate transfer price?
What is the molecular formula of a compund that contains : Molecular Formula of a Compound from Percent Composition and Molar Mass, What is the molecular formula of a compund that contains 42.87%carbon, 3.598% hydrogen, 25.00% nitrogen
What is the molarity of the solution : A sample of 54.7 g of HCl gas is dissolved to make 1L of solution. What is the molarity of the solution?
How large of sample be studied to be accurate : How large of a sample should be studied if the standard deviation from a previous study was 26 cents and he wants his estimate to be accurate to within 15 cents?
Maximum deductible contribution : The market value of the land at the date of contribution is $40,000. Sidney's adjusted gross income is $90,000. Assuming no special elections, Sidney's maximum deductible contribution this year is ?
Compute juan gross income : Compute Juan's gross income assuming that he uses the cash basis of accounting.
Explain partial pressures of so2 and n2 : Partial pressures of SO2 and N2, 3.00 g of SO2(g) is originally in a 5.00 L vessel at 21 degrees Celsius and is transferred to a 10.0 L vessel at 26 degrees Celsius. 2.35 g N2(g) is originally in a 2.50 L vessel at 20 degrees Celsius and is transf..
How many grams of iodine are needed : 2I2 + N2H4 4HI + N2 a.How many grams of I2 are needed to react with 36.7 g of N2H4?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Test claim that proportion of people reporting imporvement

Test the claim that the proportion of the people reporting imporvement was higher amoung the experimental treatment group than the control treatment. use z= 1.96.

  Creating confidence interval for difference in mean

Create a 99 percent confidence interval for difference in means between Line B and Line C.

  Step hypothesis testing procedure

Ms Lisa is the budget director for the New Process Company. She would like to compare the daily travel expenses for the sales staff and the audit staff. She collected the following sample info:

  Find probability that each of the six chips is red

A bowl contains 20 chips, of which 9 are red, 8 are white and 3 are blue. Six chips are taken at random and without replacement. Find the probability that each of the 6 chips is red.

  Probability based on geometric distribution

Follow the conventions as described in the general guidelines for writing up Special Problems.

  Confidence interval for the mean claim payment

Any state auto insurance company took a random sample of 370 insurance claims paid out during a 1-year period. the average claim was $750 with a standard deviation of $150. find .99 confidence interval for the mean claim payment.

  Test against null hypothesis of a one sided alternative

Test against the null hypothesis of a one sided alternative that the difference is more than 10 minutes. Use a .1 level of significance (alpha).

  Determining probability that student was sophomore

Determine probability that student was sophomore? Determine the probability of selecting a face card from deck of 52 cards.

  Calculating probabilities regarding seating on airline

Eagle airlines' planes hold only 15 people. Past records indicate that 20% of the people making a reservation do not show up. We will assume that all reservations are independent; that is each reservation is for one person and these reservations a..

  Computing value of the test statistic

At the time she was hired as a server, beth was told, "you can average more than $20 a day in tips." Over the first 35 days she was employed at the resturant, the mean daily amount of her tips was $24.85, with a standard deviation of $3.24.

  Z-score applications

An elevator has a design capacity of 2,560 pounds and a posted limit of 16 passengers. The weight of adults is approximately normal with a mean of 150 pounds and standard deviation of 20 pounds.

  Least squares trend equation

The following table lists the annual amounts of glass cullet produced by Kimble Glass Works, Inc. Determine the least squares trend equation. Estimate the amount of scrap for the year 2005

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