Unknown population mean marking time

Assignment Help Business Management
Reference no: EM133197098

QUESTION 1

1.1 It is known that the time it takes to mark assignments are normally distributed with a population standard deviation of 3.5 minutes. If a random sample of 81 assignments should be marked, what is the probability that the average time to mark these assignments will differ by no more than 1.2 minutes in either direction from the unknown population mean marking time?

1.2 The amount of time that students spend with their books per week is normally distributed with a mean of 52 hours and a standard deviation of 6 hours.

1.2.1 What is the probability that a student studies for 60 hours and more per week.

1.2.2 Find the probability that the mean amount of study time for three randomly selected students is 60 hours and less per week.

QUESTION 2

In a sample of 200 observations, we found the proportion of successes to be 48 %.

2.1 Use a 90 % degree of confidence to estimate the population proportion of successes.

2.2 Repeat with n = 500.

2.3 Repeat with n = 1000.

2.4 Describe the effect on the confidence interval estimate of increasing the sample size.

QUESTION 3

A film-processing company claims that the owners of digital cameras store on average more than fifteen pictures on their cameras, before the eventually download these to a computer or print. A random sample of 10 digital camera owners produced the data below on the number of pictures stored on their digital cameras.

25 6 22 26 31 18 13 20 14 2

3.1) Test this claim at the 10 % level of significance.

3.2) Estimate with 95 % confidence the mean number of pictures stored on digital cameras.

QUESTION 4

A marketing manager at a big retail shop claims that the variance in the weights of cereal boxes are less than 0.003 kilogram 2 . Thus, the weights (in kilograms) of a random sample of eight of these cereal boxes are listed here.

1.07 .98 .95 1.05 .99 1.09 1.03 .96 4.1

Test this clam at a 1 % level of significance

4.2 Estimate the variance of the entire population of cereal box weights with 90% confidence.

Reference no: EM133197098

Questions Cloud

Case study-wendell corporation : You have been asked to consider each of the above material events and determine what impact, if any, they would have on the financial statements
Identifying and addressing the production issue : As the Production Manager of Best Berry Beverages, you have the role of identifying and addressing the production issue. What actions would you take after recei
Write a paper about history of community and global crisis : Write a paper about the history of community and global crisis. The historical evolution of the construct of psychological trauma.
Blue-eyed black lemur : how large are their groups? What is the behavior like between individuals in the group? And between groups? And what actual conservation actions are being taken
Unknown population mean marking time : 1.1 It is known that the time it takes to mark assignments are normally distributed with a population standard deviation of 3.5 minutes. If a random sample of 8
Cases related to criminal procedures : Ashford university - Compare TWO significant cases related to criminal procedures. These cases will come from your research of constitutional issues
Why you are taking this financial accounting class : Assignment - District Introduce Yourself Discussion - Why you are taking this financial accounting class. Your experiences, if any, with taking classes online
What is the aging policy problem that matters most to you : What is the aging policy problem that matters most to you? Why doyou care about this issue? Why should others care about this issue?
What legal obligations does his employer have to ryan : Columbia College - What legal obligations does his employer have to Ryan? Can Ryan be fired and would go elsewhere to buy their groceries. Does Oiler

Reviews

Write a Review

Business Management Questions & Answers

  Corporate and business level strategies

Identify the corporate and business level strategies of the company. Summarize your recommendation to the company.

  What are the essential elements of platform strategy

What are the essential elements of platform strategy with respect to Havard case study Products to platforms -making the leap & Pipelin platforms & new

  Define culture, prejudice and ethnocentrism

Define culture, prejudice and ethnocentrism - This discussion is found in Leadership Theory and Practice written by Peter Northouse

  What methods and tools should be used

Assume that all health organizations are concerned about employee satisfaction with emergent IT services. How might the organizations assess employee satisfacti

  How might the theory of constraints be used

How might the Theory of Constraints be used to explain operating conditions at a business or organization you frequently visit (e.g., supermarket

  Explain operations overseas

Applying concepts you learned in the required readings, discuss who has benefited more from this practice: the United States, or the foreign country?

  Identify a corporation in the agribusiness

Identify a corporation in the Agribusiness food related sector of Australia

  Private employer in your metropolitan area

Your company is the largest private employer in your metropolitan area, and the 43,500 employees in your workforce have a tremendous impact on local traffic. A group of city and county transportation officials recently approached your CEO with..

  Misconduct actions of kobe steel

Can you explain how a utilitarian would view the misconduct actions of Kobe Steel?

  Recent issues of a business periodical

Review any two (2) recent issues of a business periodical; such as Business Week, Fortune, Forbes, Fast Company

  Create a void method and call it from main

Let's create a void method and call it from main. Here is what to do.

  Seeking out a trading partner

"If you were seeking out a trading partner, would you choose someone whose tastes are similar to yours or different? Explain your answer.''

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