What is the standard error of the mean

Assignment Help Finance Basics
Reference no: EM13303876

Cra cds, inc,. wants to mean lengths of the "cuts" on a cd to be 135 seconds (2 minutes and 15 seconds). This will allow the disk jockeys to have plenty of time for commercials within each 10-minute segment. Assume the distribution of the length of the cuts follows the normal distribution with a population standard deviation of 8 seconds. Suppose we select a sample of 16 cuts from various cds sold by cra cds, inc.

1) What can we say about the shape of the distribution of the sample mean?
2) What is the standard error of the mean?
3) What percent of the sample means will be greater than 140 seconds?
4) What percent of the sample means will be greater than 128 seconds?
5) What percent of the sample means will be greater than 128 seconds but less than 140 seconds?

 

Reference no: EM13303876

Questions Cloud

At what angle was the light aimed toward the water : If light is shown from a sheet of glass toward water and just skims the boundary between the glass, at what angle was the light aimed toward the water
Determine the net work done by the gas during the cycle : Suppose 1.0 mol of a monatomic ideal gas initially at 10 L and 335 K is heated at constant volume to 670 K, What is the net work done by the gas during the cycle
What is the standard error of the mean : If we select a random sample of 50 households, what is the standard error of the mean?
What would the depreciation expense be each year : What would the depreciation expense be each year under each method?
What is the standard error of the mean : Assume the distribution of the length of the cuts follows the normal distribution with a population standard deviation of 8 seconds. Suppose we select a sample of 16 cuts from various cds sold by cra cds, inc.
What will be the annual scholarship : Roger wants to set up a perpetual scholarship at his alma mater. He is willing to donate $500,000, which will be invested in an account earning 9 percent. What will be the annual scholarship that can be given from this investment?
Calculate the frequency of her hearts oscillations : Brianne's heart is beating at 76.0 beats per minute. Calculate the frequency of her heart's oscillations in Hz
Calculate the amount of the salvage value : Calculate the amount of the salvage value which would make you indifferent between leasing and buying.
What is open systems model for change in body : What is open systems model for changein body

Reviews

Write a Review

Finance Basics Questions & Answers

  Madden international strengths and weaknesses

Madden International is a large ($7 billion sales), successful international pharmaceutical : operating in 23 countries with 15 autonomous subsidiaries.

  What is the profitability of the remaining services

What is the profitability of the remaining services if all services with losses are dropped?

  Systemic and unsystemic events

Classify the following events as mostly systematic or mostly unsystematic and tell us why. Is the distinction clear in each case?

  By how much will their earnings after tax change

By how much will their earnings after tax change if they choose the more aggressive financing plan instead of the more conservative?

  Investment analysis

Establish an estimated growth rate in earnings & dividends for British Petroleum. Note, in the dividend growth model, "g" is growth rate for earnings & dividends.

  Calculate the present value of a lease on a warehouse

Eleanor Spryzak has endowed her alma mater with a scholarship that is designed to pay out a sum of money to a worthy student every year forever.

  How many shares need to be sold

If the offer price is $16 per share and the company's underwriters charge a spread of 8 percent, how many shares need to be sold?

  Selecting useful financial ratios

Suppose you are an upper-level manager in a company. Which financial ratios would you consider most useful? Would these ratios be different than the ones you would consider useful as an investor?

  Calculate each company cash balance at the end of the year

Calculate each company's cash balance at the end of the year. b. Explain what might cause company C's net cash from financing activities to be negative.

  What is the approximate effective cost of missing the cash

What is the approximate effective cost of missing the cash discounts from each supplier? If you could take advantage of either cash discount offer, which supplier would you select?

  Financial analysis with the cash flow needed

Financial analysis with the cash flow needed.

  How much money will you invest in stock y

You have $300,000 to invest in a portfolio containing Stock X and Stock Y. Your goal is to create a portfolio that has an expected return of 10.45 percent. Stock X has an expected return of 9.84 percent and a beta of 1.24, and Stock Y has an expec..

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