In particular she does not want the sample mean to deviate

Assignment Help Basic Statistics
Reference no: EM13632643

An analyst from an energy research institute in California wishes to precisely estimate a 99% confidence interval of the average price of unleaded gasoline in the state. In particular, she does not want the sample mean to deviate from the population mean by more than $0.06. What is the minimum number of gas stations that she should include in her sample if she uses the standard deviation estimate of $0.32, as reported in the popular press?

Reference no: EM13632643

Questions Cloud

A federal report find that a lie detector test given to : a federal report find that a lie detector test given to truthful persons have a probability of .2 of suggesting that
Assume that a sample of size 900 is to be taken from a : assume that a sample of size 900 is to be taken from a population that contains 34 people older than 50.a what is the
Explain why we use the notation p lt 05 in the formal test : explain why we use the notation p lt .05 in the formal test of the hypothesis when there is a significant difference
A company wished to study the effectiveness of a coffee : a company wished to study the effectiveness of a coffee break on productivity of its workers. the productiveness of
In particular she does not want the sample mean to deviate : an analyst from an energy research institute in california wishes to precisely estimate a 99 confidence interval of the
An insurance company knows that in the entire population of : an insurance company knows that in the entire population of millions of homeowners the mean annual loss from fire is
Based on the sample results can you conclude that there is : suppose a random sample of 100 u.s. companies taken in 2005 showed that 21 offered high-deductible health insurance
Write the event the student could run a mile in less than : a study of 12000 able-bodied male students at the university of illinois found that their times for the mile run were
A researcher estimates the 95 ci for a sample with a mean : a researcher estimates the 95 ci for a sample with a mean of m 3.26 and a standard error ?m of 0.91. what is the upper

Reviews

Write a Review

Basic Statistics Questions & Answers

  Random sample-test claim

A random sample of 160 car crashes are selected and categorized by age. The are listed below. The age distribution of for the given categories is 18% for under 26, 39% for 26-45, 31% for 46-65, and 12% for over 65.

  1a manufacturer of infant formula is running an experiment

1.a manufacturer of infant formula is running an experiment using the standard control formula and two new formulas a

  A sample of n 25 individuals is selected from a population

a sample of n 25 individuals is selected from a population with fx 80 and a treatment is administered to the sample.

  A survery found that womens heights are normally

a survery found that womens heights are normally distributed with mean of 62.1 and standard deviation of 2.3 in. the

  Information about qualitative and quantitative variables

Can you please give one example of a Qualitative data and one example of a Quantitative Data that you face daily? Please explain why it is a Quantitative or Qualitative data and describe the scale of measurement.

  Standard distribution probability-calculation of z score

In a particular region of Cape Cod, it is known that lobstermen trap on average of 32 pounds of lobster per day with a standard deviation of four pounds.

  Give the value of r and r squared for model

Predict the final average of a student who made an 83 on the first test. Give the value of r and r squared for this model. Interpret the value of r squared in the context of this problem.

  Find the probability that families run their vacuum cleaners

Please show work and provide excel formulas for plots so that I can understand how to do the assignment. The density function of a continuous random variable X, the total number of hours, in units of 100 hours, that a family runs a vacuum cleaner ove..

  Relationship bewtween r value and correlation strength

A linear correlation coefficient very close to 0 implies that there is a linear correlation between the averages, but a correlation between the averages does not imply a correlation between individuals as the conclusion incorrectly suggest.

  Find the critical values if variable is normally distributed

A random sample of 24 patients found a standard deviation of 520. Assume the variable is normally distributed and = 0.01. What are the critical values?

  Probability pregancy will last between given number of days

The length of human pergnancies is aprox normally distibuted with a mean of 266 days and a standard devation of 16 days what is the probability the pregancy will last between 160 and 255 days?

  Find independent and independent of region of the country

Round the intermediate values to 2 decimal places. Round your answer to 2 decimal places, the tolerance is +/-0.05. Type of music preferred is independent or not independent of region of the country?

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