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A library checks out an average of 250 books per day, with a standard deviation of 75 books. If a sample of 36 days of operation is selected and the sample mean is computed,
a. What is the expected value of the sample mean?
b. What is the value for the standard error of the mean?
c. What is the probability that the sample mean for the 36 days will be within 220 and 260 books?
The American Automobile Association checks the prices of gasoline before many holiday weekends.
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A sample of approx 25 students enrolled in the university points out that X (bar) = $315.4 and s = $43.20.
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Test the hypothesis that there is no difference between the means of retailers (α= .05). Select a multiple comparison test, if necessary, to determine which groups differ in mean sales (α= .05).
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A sample proportion is calculated from a sample size of 394. How large of a sample would we need in order to decrease the standard error by a factor of 9?
What proportion of time will it take clean-up crew 56 or more hours for cleaning plant? Define the lower and upper limits of interval.
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