Mean of a sample of positive numbers

Assignment Help Basic Statistics
Reference no: EM131009373

1. A 95% confidence interval for the mean of a sample  of positive numbers can include negative values if the sample size is small and the data are highly skewed. Is it possible for the nonparametric confidence interval for the median based on a sample of positive values to include negative numbers in its range? Why or why not?

2. Does taking logarithms to remove skewness improve the sampling properties of a nonparametric interval for the median? Why or why not?

Reference no: EM131009373

Questions Cloud

Nonparametric confidence interval for the median : The interval from the smallest to largest amounts sold during the eight shifts in Exercise 37 is +1,889 to +4,592. If this range is treated as a nonparametric confidence interval for the median, what is the coverage probability of this interval?
Basis of the skewness and kurtosis of sample : Using a normal quantile plot, determine whether these data might be a sample from a normally distributed population. On the basis of the skewness and kurtosis of this sample, how large a sample does the CLT condi- tion require in order to rely on a ..
Small sample of eight recent daytime shifts : The manager of a convenience store tracked total sales during a small sample of eight recent daytime shifts (an eight-hour period of the day). The total sales during these periods were as follows:
Find a vector function that represents the curve : Find a vector function that represents the curve that is the intersection of the cylinder x2 + y2 = 1 and the hyperboloid z = x2 +y2.
Mean of a sample of positive numbers : A 95% confidence interval for the mean of a sample  of positive numbers can include negative values if the sample size is small and the data are highly skewed. Is it possible for the nonparametric confidence interval for the median based on a samp..
Next candidate an attractive salary : The manager of the HR group needs to hire a new technical analyst and wants to offer the next candidate an attractive salary. Which is more useful to the manager, a prediction interval for the salary of a new technical analyst or a confidence inte..
Prediction interval or a confidence interval : A retailer has data on sales in its stores yesterday. It would like a range that has a 50% chance of covering the sales of a randomly selected store today. Which does the retailer need, a prediction interval or a confidence interval?
Finds the sample proportion : A taste test has customers tasnte two types of cola drinks and asks which is preferred. An analyst then finds the sample proportion p who prefer Brand 1.
T-interval for the mean or the corresponding : 1. An analyst decided to use either the 95% t-interval for the mean or the corresponding 95% interval for the median, whichever was shorter. His sample was symmetric, so the mean and median are roughly the same in his population. What do you think..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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