Sample size when maximum error of estimate given

Assignment Help Basic Statistics
Reference no: EM1394364

Assume that a sample is drawn and z(α/2) = 1.65 and σ = 35. Answer the following questions:

(A) If the Maximum Error of Estimate is 0.04 for this sample, what would be the sample size?

(B) Given that the sample Size is 400 with this same z(α/2) and σ, what would be the Maximum Error of Estimate?

(C) What happens to the Maximum Error of Estimate as the sample size gets larger?

(D) What effect does the answer to C above have to the size of the confidence interval?

Reference no: EM1394364

Questions Cloud

Perform analysis of leadership in organizational setting : Select the organization which he or she has close access too; and complete analysis of company. This can be a non-profit or for-profit entity.
Study designs and validity threats : Explain and give examples of how the particular outcomes of a study can suggest if a particular threat is likely to have been present.
Evaluate the potential impact various stages of production : Evaluate the potential impact an upgrade can have on cost identification during the various stages of production an upgrade can have on cost identification during the various stages of production
Calculate the uncertainty in the magnetic field strength : What is the phase di erence between wavefronts originating from the two slits, at a point on the screen located +Π/10m from the zero'th order?
Sample size when maximum error of estimate given : Assume that a sample is drawn and z(α/2) = 1.65 and σ = 35. Answer the following questions. (A) If the Maximum Error of Estimate is 0.04 for this sample, what would be the sample size?
Should these likely consequences affect the ethical analysis : When an employee learns of apparently unlawful behaviour on the part of his or her employer, does the employee have an ethical duty to blow the whistle on the employer.
Purified protein concentration : You measured the purified protein concentration, which is 5 ug/uL. You decided to load 20 ug protein to the gel. How would you dilute your sample?
Mean diameter of the peaches : A random sample of 100 peaches is gathered and the mean diameter is calculated. What is the probability that the sample mean is greater than 3.79 inches.
Write main points of the essay for taking college degree : The introductory paragraph sharing what essay is about;Reasons for seeking college degree; Strong concluding paragraph which sum-up the main points of the essay.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Computing pearson-s correlation coefficient

Compute Pearson's correlation coefficient between age and amount spent on this particular product.

  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.

  Confidence interval for difference between population means

Develop a 95% confidence interval of the difference between the daily population means for the two airports.

  Determining the highest number of miles

Determine the highest number of miles (to nearest whole number) that motorist could drive in month and still qualify for discount?

  True proportion of americans-visiting for holidays

An article in Parenting magazine reported that 60% of Americans needed a vacation after visiting their families for the holidays. Suppose this is the true proportion of Americans who feel this way. A random sample of 100 Americans is taken.

  Minimizing the cost of meeting the demand

To model this fact, we assume that only half of the goods produced during a week can be used to meet the current week's demand (assume that all of the prior week's ending inventory can be used to meet the current week's demand). Determine how to m..

  Difference between two population variances

Hypothesis test for difference between two population variances - compare the variation in the selling price of homes on the oceanfront with those one to three blocks from the ocean.

  Mean assembly time for a random sample

The mean assembly time for a random sample of 24 carts, using the new method, was 40.6 minutes, and the standard deviation of the sample was 2.7 minutes.

  Weighted aggregate price index question

Fresh fruit prices and quantity data for years 1988 to 2001 follow (Statistical Abstract of United States, 2002). Quantity data reflect per capita consumption in pounds and prices are per pound.

  Two tailed test of two population variances

At the .01 significance level, can we conclude that there is more variation?

  Sample size-birth weight of infants

A health care professional wishes to estimate the birth weight of infants. How large a sample must she select if she desires to be 90% confident that the true mean is within 6 ounces of the sample mean?

  Minimizing cost of meeting demands

Find out how to minimize cost of meeting demands in Houston and Tampa.

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