Maximum error of estimate and confidence level

Assignment Help Basic Statistics
Reference no: EM13104998

A confidence interval estimate for the population mean is given to be (41.16, 49.85). If the standard deviation is 16.290 and the sample size is 54, answer each of the following (show all work):

(A) Determine the maximum error of the estimate, E.

(B) Determine the confidence level used for the given confidence interval.

Reference no: EM13104998

Questions Cloud

Discuss role of strategic leadership in strategic management : Discuss the role of strategic leadership in the strategic management process. Discuss people- and task-oriented techniques for overcoming resistance to change.
Perform market survey on behalf of leading newspaper : Ascertain reader habits and interests. What kind of research report would be most suitable? Create the outline of the research report with main sections?
Confidence interval and sample size calculation problems : By measuring the amount of time it takes a component of a product to move from one workstation to the next, an engineer has estimated that the standard deviation is 3.22 seconds.
Describe important objectives for mne : Can you give an example of successfully using one of the common international compensation approaches - Balance Sheet, Negotiation, Localization, Lump Sum, or Cafeteria?
Maximum error of estimate and confidence level : A confidence interval estimate for the population mean is given to be (41.16, 49.85). If the standard deviation is 16.290 and the sample size is 54, answer each of the following (show all work):
Final exams are normal distribution : In a large section of statistics class, the points for the final exams are normally distributed with a mean of 72 and a standard deviation of 9. Grades are to be assigned according to the following rule.
Long run demand elasticity for almonds : What share will be paid by the consumer in the long run? How about the short run? Provide some intuition for why these are different.
Finding the confidence interval for poll or survey results : Quality Progress, Feburary 2005, reports on the results achieved by Bank of America in improving customer satisfaction and customer loyalty by listening to the "voice of the customer".
Estimate the economic production quantity : Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 300 per day.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Measures the strength of the linear relationship

The linear correlation coefficient, r, measures the strength of the linear relationship the variables in a set of ordered pairs (x,y). What is the maximum and minimum values for r?

  Appropriate set of hypotheses

What is the appropriate set of hypotheses to test such that a possible outcome of the test would indicate;

  Probability for colored balls in urn

An urn contains 8 green balls, 5 red balls, and 7 white balls. How many ways are there to draw a green ball or a red ball?

  Finite-population correction factor

Should the finite-population correction factor be used? Why or why not?

  Confused bricklayer robot problem

The Confused Bricklayer Robot Problem - Draw a picture to illustrate the initial problem situation and how can you describe a possible solution?

  Determine score fo students-based on empirical rule

Assume that the distribution is normal. Based on empirical rule how many students scored between 51 and 79.

  Finding sample correlation coefficients age with dry weight

Find out sample correlation coefficients of (I) age with dry weight, and (2) age with log 10 dry weight. Interpret your results.

  Estimating the install hours for an electronics upgrade

You are estimating the install hours for an electronics upgrade based on the number of components affected. The upgrade for which you are estimating affects 25 components. Given the following equation, select the correct response from each pair.

  Different jurisdications for juvenile substance abuse

Assume we have three different samples each comprised of 20 different jurisdications. Our objective is to compare the seriousness of juvenile substance abuse across all the samples.

  Drinking behaviors of sophmore men and women

A professor asked her sophomore students, "How many drinks do you typically have per session? (A drink is defined as one 12oz beer, one 4oz glass of wine, or one 1oz shot of liquor.)"

  Approximate population mean

Rhe frequency distribution summarizes a sample of times (in minutes) between eruptions of a cretain geyser. Find the approximate population mean and approximate population standard deviation of the data.

  Chi-square test for alcohol consumption

At α = 0.10, can the researcher conclude that alcohol consumption is related to sex?  What kind of Chi-Square test is this?

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