How large sample is needed to get desired information

Assignment Help Basic Statistics
Reference no: EM13119632

A researcher is interested in estimating the average salary of fire fighters in a large city. He wants to be 95% confident that his estimate is correct. If the standard deviation is $1050, how large a sample is needed to get the desired information and to be accurate within $200?

Reference no: EM13119632

Questions Cloud

What is the percentage yield : When NH3 is prepared from 28 g N2 and excess H2 the theoretical yield of NH3 is 34 g. When this reaction is carried out in a given experiment, only 30. g is produced.
Find probability that receiver makes wrong decision : The modem receiver takes a majority vote of the five received bits to estimate the input signal. Find the probability that the receiver makes the wrong decision.
Probability distribution -the number of dogs per household : Probability Distribution: Mean, Variance & S.D. A frequency distribution is shown below. Complete parts (a) through (e). The number of dogs per household in a small town
Determine the volume of the suspension : Determine the volume of the suspension you will need to seed one well at each concentration.
How large sample is needed to get desired information : He wants to be 95% confident that his estimate is correct. If the standard deviation is $1050, how large a sample is needed to get the desired information and to be accurate within $200?
What you know about the key milestones of life : A researcher has come up with 5 hypotheses - based on what you know about the key milestones of life which do you think is most likely to be true?
Explain analysis of variance applied on experiment : Discuss which analysis of variance should be applied when an experiment has more than one independent variable. Discuss the assumptions and limitations of the analysis.
Important information about find the indicated probability : Important information about Find the indicated probability, Assume the geometric distribution applies. Use the given probability of success p to find the indicated probability.
Explain data points considered typical from population : For n=25 make up three values of that would be considered typical for a sample from this population. Make up three data points that would be considered typical from this population.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Maximizes the manufacturer''s expected net earnings

Find the strategy that maximizes the manufacturer's expected net earnings and Should the manufacturer routinely obtain credit rating reports on those retailers who seek credit approval? Why or why not?

  Comparing the two models having r-squared

Compare two models. Model #1 has an r-squared of .25 and an adjusted r-squared of .10. Model #2 has an r-squared of .20 and an adjusted r-squared of .14. Given this information, what model should you use?

  Home mortgage interest rates

Home mortgage interest rates for 30-year fixed rate loans vary throughout the country. During the summer 2000, data available from various parts of the country suggested that the standard deviation of the interest rates

  Process of hypothesis testing

State the decision rule. Compute the pooled estimate of the population varaince. Compute the test statistic

  Validate whether the z test assumption

Conclude whether the given conditions justify using the methods of this section when testing a claim about a population mean µ.

  Use of chi-square tests using contingency tables

What are some real life examples of the use of Chi-Square tests using contingency tables? Why is a test, which is testing significant differences among means called Analysis of Variance?

  Calculation of normal and binomial probabilites

A railway company operates a number of different services. One of these connects two cities and the journey time is assumed to be normally distributed with a mean of 125 minutes and a standard deviation of 5 minutes.

  Find out regression coefficients

Assuming a linear cost relationship, what are the regression coefficients, b0 and b1?

  Introduction to non-parameiric test

Suppose normality is not assumed. What nonparameiric test can be used to compare total heart weight of males with left-heart disease with that of normal males?

  Determine the test value for hypothesis

their average cost was 340.00 with standard deviation of 80.00. Dean of students thinks that costs are greater this semester. Determine the test value for this hypothesis.

  Give the point estimate of population mean

A random sample of 121 checking accounts at bank showed an average daily balance of $280 the standard deviation of the population is known to be $6. Find the standard error of the mean.

  Question about confidence interval for population proportion

A genetic experiment with peas resulted in one sample of offspring that consisted of 438 green peas and 159 yellow peas.

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