Select the right sample size for a simple random sample

Assignment Help Basic Statistics
Reference no: EM1319188

Select the right sample size for a simple random sample.

A random variable has a standard deviation of 16, and an unknown mean. Find the lowest size of a simple random sample so that the sample mean estimates the population mean with a standard error no larger than 0.25.

Reference no: EM1319188

Questions Cloud

Determining expected frequencies for chi-square test : Similar survey of student population 10 years ago found that coffee shop was favoured by 20% of students, and pizza and hamburger were each preferred by 40% of the students. Determine the expected frequencies for chi-square test.
What is expected value of a two point shot : If the probability of making a two point shot is greater than the probability of making a three point shot, why do coaches allow some players to shoot the three point shot if they have the opportunity?  Use expected value to explain your answer.
Find the missing number : Find the missing number
Time some internet trades such as grocery home : At the same time some internet trades such as grocery home deliveries have continually suffered steep losses regardless of scale.
Select the right sample size for a simple random sample : A random variable has a standard deviation of 16, and an unknown mean. Find the lowest size of a simple random sample so that the sample mean estimates the population mean with a standard error no larger than 0.25.
Local restaurateur whose trade had been profitable : A local restaurateur whose trade had been profitable for many years recently purchased a liquor license, giving her a legal right to sell beer.
Impact of vietnam war on american culture : Consider the impact of the Vietnam War on American culture. In the decades prior to the 1980s, two issues beset American culture: civil rights and the Vietnam War.
What is the expected number of service calls : Expected value, variance and standard deviation.A volunteer ambulance service handles 0 to 5 service calls on any given day.  The probability distribution for the number of service calls is as follows.
Steel industry has been lobbying for high taxes : The steel industry has been lobbying for high taxes on imported steel. Russia, Brazil also Japan have been producing also selling steel on world markets

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