What is the probability that the obtained sample mean

Assignment Help Basic Statistics
Reference no: EM132846573

Suppose a sample of size 40 from a normal population with population variance 4 is used to estimate the unknown population mean.

(a) What is the probability that the obtained sample mean for a randomly selected sample will be within i0.1 of the population mean?

(b) What sample size should be used to guarantee that with probability 95% the sample mean of a random sample will be within i0.1 of the population mean?

Reference no: EM132846573

Questions Cloud

ECON1195 Financial Econometrics Assignment : ECON1195 Financial Econometrics Assignment Help and Solution, RMIT University - Assessment Writing Service - Estimate the basic CAPM model
What is meant by cost structure : What is meant by cost structure? Please explain how a company's cost structure affects its break-even point? Please be thorough with your response
How is responsibility as leader in that industry of interest : How is it our responsibility as a manager or leader in that industry of interest to do everything we can to plan when external events beyond our control?
Prepare the statement of owner equity and balance sheet : Edward Roberts decided to start his own rent-a-car business after graduation. Prepare the statement of owner equity and balance sheet
What is the probability that the obtained sample mean : Suppose a sample of size 40 from a normal population with population variance 4 is used to estimate the unknown population mean.
What is inherently right about trying to grow a successful : What is inherently right or wrong about trying to grow a successful and therefore profitable business in your industry(Biodegradable plastic bags)?
How much would be allocated to the product : The fair values of the product and service are $350 and $150 respectively. Under the residual method, how much would be allocated to the product
Describe the type numeric measurement : Specify a large population that you might want to study and describe the type numeric measurement that you will collect (examples: a count of things
Appropriate hypothesis using a percent level of significance : A survey was carried out in a state among the doctors belonging to the rural health service cadre (500 doctors) and among the medical education director

Reviews

Write a Review

Basic Statistics Questions & Answers

  Problem related to standard error of the mean

A random variable is normally distributed, with (population mean)= 300 pounds and (standard deviation) = 50 pounds. How small can a simple random sample be if the standard error of the mean can be no more than 20 pounds?

  Determining the probability the mean of sample

Suppose the manufacturers claim is right, determine the probability the mean of sample is 47,840 miles or less?

  Estimate the mean of the population of relief times

She plans to use statistical methods to estimate the mean of the population of relief times.

  Explain why post hoc tests are not necessary

To better understand eating patterns that might contribute to obesity, a researcher measures the average number of calories (per meal) consumed by shift worker.

  The lifetimes of light bulbs of a particular type are

the lifetimes of light bulbs of a particular type are normally distributed with a mean of 280 hours and a standard

  Probabilility of mistakes when filling a form

Find the probability that student A made no mistakes when entering a randomly selected form. Find the probability that student B made no mistakes when entering a randomly selected form.

  What percent of changes were from incorrect to incorrect

It turned out that 61% of the changes were from incorrect answers to correct and that 26% were from correct to incorrect.

  Analyze process variability through generalized variance

Construct a Hotelling's T2 -chart and comment on process stability. Which process parameters, if any, would you investigate further?

  Find the probability that at least one major earthquake

Find the probability that at least one major earthquake will occur within the next decade.

  Differentiate between mean and median and mode

According to the dietary guidelines from the United States Department of Agriculture, a healthful diet consists of fruits, vegetables, whole grains,.

  Claim in the article about texting versus calling

Do these data support the claim in the article about texting versus calling? Justify your answer with appropriate evidence.

  Representing a discrete probability distribution

Give an example representing a discrete probability distribution and another example representing a continuous probability distribution. Explain why your choices are discrete and continuous.

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