Unknown population standard deviation

Assignment Help Finance Basics
Reference no: EM131860379

Consider a normal population with an unknown population standard deviation. A random sample results in x = 48.68 and s2 = 33.64.

(a) Compute a 95% confidence interval for μ if x and s2 were obtained from a sample of 16 observations.

(b) Compute a 95% confidence interval for μ if x and s2 were obtained from a sample of 25 observations.

(c) Use your answers to discuss the impact of the sample size on the width of the interval.

Reference no: EM131860379

Questions Cloud

Assessing hypothetical scenarios of high-risk pregnancies : In this Discussions, you will assess the impact that environmental influences have on the biological development of unborn and newly born children.
Current stock price and target stock price : What is your estimate of the current stock price? What is the target stock price in one year? what is the implied return on the company’s stock over next year.
What are the common forms of unethical behavior : What are some of the most common forms of unethical behavior in our workforce today?
How much will the account have by the time : FIN365/Advanced Financial Management Assignment. If the money is invested at an annual return of 10%, how much will the account have by the time
Unknown population standard deviation : Consider a normal population with an unknown population standard deviation. A random sample results in x = 48.68 and s2 = 33.64.
Identify a patient satisfactionindicator : Identify a patient satisfactionindicator that could be considered a strength for the hospital based on its current performance and the hospital's goal.
Respond to the main discussion posts of two learners : Respond to the main discussion posts of two learners. What reactions do you have to the ideas they have presented? Include examples from the course readings.
What is the probability that it takes a worker over : (a) What is the probability that it takes a worker over the age of 55 more findajob. 19 weeks to find a than
Create a performance improvement plan : The accreditation process enhances the performance improvement plans and initiatives of an organization, thereby validating the programs' usefulness.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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