What is the point estimate for the population variance

Assignment Help Mathematics
Reference no: EM13202280

A bank manager wants to estimate the population variance of the daily deposits into the savings account at the bank. A random sample of 14 deposits had a mean of $350 and a standard deviation of $64. What is the point estimate for the population variance?

Reference no: EM13202280

Questions Cloud

What circumstances might change the portfolios : Why do people hold bonds rather than larger savings account or checking account balances Under what circumstances might they change their portfolios, moving their funds out of bonds and into bank accounts
Find the dimensions of the rectangle : a rectangular plot of land has a diagonal of 22 feet and an area of 235 square feet. Find the dimensions of the rectangle, correct to one decimal place.
Find the maximum total area he can enclose : A rancher wants to fence in 3 adjacent rectangular pens in a row. Adjacent pens share one fence, and all pens are of equal size. If the rancher uses 144 yards of fencing, find the maximum total area he can enclose.
What is the maximum total area : A rancher has 256feet of fencing to close two adjacent rectangular corrals.What dimensions will produce the largest total area? What is the maximum total area?
What is the point estimate for the population variance : A bank manager wants to estimate the population variance of the daily deposits into the savings account at the bank. A random sample of 14 deposits had a mean of $350 and a standard deviation of $64. What is the point estimate for the population v..
Calculate the breakeven volume of cases in units : Suppose you want to make $150,000 profit between this period and next period to fund an expansion to the NICU, how many cases would you have to see, and at what payer mix would this be optimal?
How many full-time employees are necessary : Decide how many hours during the week the department must be staffed to fully operate and calculate, using one of the FTE formulas to justify, how many full-time employees are necessary.
Why don''t people rush to the bank and retrieve their money : Does the fact that your bank keeps only a fraction of your account balance in reserve make you uncomfortable Why don't people rush to the bank and retrieve their money What would happen if they did
How the inflation rate would affect the return : Explain your reasoning. Be sure to consider how the inflation rate would affect the return - A leader in your firm has been studying the foreign exchange market for a number of years and believes that she can predict several of the foreign currency..

Reviews

Write a Review

Mathematics Questions & Answers

  Questions on ferris wheel

Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.

  Logistic map

This assignment has two question related to maths. Questions are related to bifurcation cascade and logistic map.

  Finding the probability of cards

This assignment has questions related to probabiltiy.

  Systems of ode

Find all the xed points, and study their stability and Draw the phase portrait of the system, as well as the graphs of the solutions in all relevant cases.

  Derive the boolean expression

Derive the Boolean Expression and construct the switching circuit for the truth table stated

  System of equations

Evaluate which equations are under-identified, just-identified, and over-identified.

  Linear programming problem

Linear programming problem consisting of only two constraints with one objective function.

  Find the natural domain

Find the natural domain of the given functions.

  Introduction to numerical methods

Compute the coecients of the polynomials using the term recurrence relation.

  Chart of the topological manifold

De?nition of smoothness of functions on a smooth manifold is chart independent and hence geometric.

  Mathematics in computing

Questions related on mathematics in computing.

  Complex problems

Complex problems

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