User Account

All Pages

What is the standard error of the mean

Assignment Help Macroeconomics
Reference no: EM131902149

a. The standard deviation of a normal random variable is 20. If a sample of 225 is selected out of a large population, what is the standard error of the mean? Round your answers to 3 decimal places.

b. The average age of a vehicle registered in the United States is 8 years, or 96 months. If a random sample of 36 vehicles is selected, find the probability that the mean of their age is between 98 and 100 months?Assume the standard deviation for the population is 15. Round your answers to 4 decimal places.

Reference no: EM131902149

Questions Cloud

What are the dividend payout ratios for each firm : What are the dividend payout ratios for each firm? What is the price-earnings ratio of the company?
Analyse how each stage of the clinical reasoning cycle : Analyse how each stage of the clinical reasoning cycle (Levett-Jones, 2012) was applied to your decision - critically reflect on what you have learnt
What amount will be recognized as net accounts receivable : Lifetime sells softball equipment. On November 14. What amount will be recognized as net accounts receivable on the balance sheet as of November 30?
Compute the ending inventory at september thirty : Linda's Boards sells a snowboard, Expert, that is popular. Compute the ending inventory at September 30 and cost of goods sold using the FIFO and LIFO methods.
What is the standard error of the mean : The standard deviation of a normal random variable is 20. If a sample of 225 is selected out of a large population, what is the standard error of the mean?
What is dybvigs cost of equity capital : If the risk-free rate is 4.4 percent and the expected return on the market is 10 percent, what is Dybvig's cost of equity capital?
Determine the interest payment for the following three bonds : A 3.000 percent TIPS has an original reference CPI of 185.2. If the current CPI is 210.5, what is the par value and current interest payment of the TIPS?
Describe the purpose of the ethics officer : Describe an ethically, socially, and environmentally responsible course of action to address each example from part B1 based on the company's culture and core
Prepare journal entry or entries that lightning would use : Prepare the journal entry or entries that Lightning would use to record the payroll. Include both employee and employer taxes.

Reviews

Write a Review

Macroeconomics Questions & Answers

  How does marginal cost change with q

A firm has fixed cost of $100 and average variable cost of $5 X Q, where Q is the number of units produced. a. Construct a table showing total cost for Q from 0 to 10 b. Graph the firm's curves for marginal cost and average total cost.

  Will actions by congress expand or contract the economy

In order to pay for those expenditures, Congress also approved a $100 billion increase in individual income taxes. Will these actions by Congress expand or contract the economy or are they just useless actions?

  Summarizing a current article on the economy

Find an article that discusses the current state of the U.S. economy. Take this article and write a three-paragraph summary of the article. In your summary, include any references to GDP or U.S. economic policy.

  Explain response on necessity is the mother of invention.

Plato, a Greek philosopher who lived from 427BC to 347BC, famously wrote that, "Necessity is the mother of inventions."you agree with this statement.

  What is the equation of exchange

a. What is the equation of exchange? b. In the equation of exchange, if V doubled, what would happen to nominal GDP as a result? c. In the equation of exchange, if V doubled and Q remained unchanged, what would happen to the price level as a result?

  Determinants of demand

One of the determinants of demand is consumer's disposable income. In reference to this, what will happen to demand if the government increases income tax

  Does the indifference curve intersect either axis

A consumer has preferences over goods x and y. The utility function is U=sqrtx + sqrty. The marginal utilities are MUx=1/(2sqrtx) and MUy=1/(sqrty). Calculate MRS and determine if it is diminishing for this utility function. Does the indifference ..

  Level of car production

At what level of car production will the company be better off using two factories instead of one?

  Later henry ford invented the assembly line

Later Henry ford invented the assembly line for manufacturing automobiles, other automobile firms copied his invention.

  Many people shy away from careers in selling often because

many people shy away from careers in selling often because they think they are not outgoing enough or because

  Macroeconomic study questions

Assume that the market labor supply and labor demand equations are given through Qs = 5W and Qd = 30 - 5W. If a minimum wage is set at $4.00 (W = 4),

  Question regarding the standard economic model

The standard economic model predicts that Laura will offer Sarah ___________ slice(s) and Sarah ___________ accept the offer.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd