Sample size and confidence interval

Assignment Help Basic Statistics
Reference no: EM1389749

Round Answers to 2 decimal places.

Sample Size (n) = 186
Sample Mean = 3103
Sample Standard Deviation = 696

A. Construct a 95% Confidence Interval.

B. Modify (change) your sample size to 18600. Construct a new 95% Confidence Interval.

Reference no: EM1389749

Questions Cloud

Confidence interval for the mean for all walkers : A study of 36 members of the Central Park Walkers showed that they could walk at an average rate of 2.6 miles per hour. The sample standard deviation is 0.4. Find the 95% confidence interval for the mean for all walkers.
States of nature of this decision-making problem : The company can either settle out of court for $250,000 or go to court. If the company goes to court and loses, it must pay $825,000 plus $175,000 in court costs. If it wins in court the plaintiffs pay the court costs. Identify the states of natur..
Correlation between variables : Demonstrates clearly and fully the ability to use Excel to perform the correlation for the data set.
How many toys must each restaurant order : How many toys must each restaurant order. How many toys should Burger King expect to have at the end of the promotion?
Sample size and confidence interval : Modify (change) your sample size to 18600. Construct a new 95% Confidence Interval.
Discuss your approach to effecting a win-win negotiation : Discuss your approach to effecting a win-win negotiation with a potential long-term supplier for a specific product or service.
What do you consider important when considering : Based on your readings, what do you consider important when considering a make or buy decision?
Sample correlation coefficient : The sample correlation coefficient between x and y is 0.375. It has been found out that the p-value is 0.256 when testing H0: ρ = 0 against the two-sided alternative H1: ρ ≠ 0. To test H0: ρ = 0 against the one-sided alternative H1: ρ > 0 at a sig..
Discuss the basic differences between the acquisition : From your readings and experience, discuss the basic differences between the acquisition of capital equipment and business services.

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