User Account

All Pages

Which biased estimator will have a reduced bias

Assignment Help Accounting Basics
Reference no: EM132723016

Problem 1: A bank's loan officer rates applicants for credit. The ratings are normally distributed with a mean of 200 and a standard deviation of 50. If 40 different applicants are randomly selected, find the probability that their mean is above 215.

Option 1: 0.0287

Option 2: 0.1179

Option 3: 0.3821

Option 4: 0.4713

Problem 2: Which biased estimator will have a reduced bias based on an increased sample size?

Option 1: median

Option 2: standard deviation

Option 3: range

Option 4: mean

Reference no: EM132723016

Questions Cloud

What is the distribution of the sample variances : Produced by a random-number generator, and the variance is found for each sample. What is the distribution of the sample variances?
Prepare presentation for the annual gerontology conference : Imagine you have been asked to prepare a presentation for the Annual Gerontology Conference.
Find the probability that mean body temperature will be : Standard deviation of 0.62°F. If 19 people are randomly selected, find the probability that their mean body temperature will be less than 98.50°F.
Does chemical bioaccumulate : Does this chemical bioaccumulate? if so, why? If not, why not? Also discuss biotransformation of the chemical here...does your toxin undergo biotransformation?
Which biased estimator will have a reduced bias : Mean of 200 and a standard deviation of 50. If 40 different applicants are randomly selected, find the probability that their mean is above 215.
What is the probability that will roll a sum : What is the probability that she will roll a sum larger than 875. The owner of Jim's Gas Station wishes to determine the proportion of customers
Find the demand quantity and the supply quantity at a price : Supply p+1/3q^2, demand =-1/3q^2+40, where p is price and q is quantity. Find the demand quantity and the supply quantity at a price of $30 each.
Find a confidence interval for the population mean : 100 families produced sample mean of x = $ 4,258 with sample standard deviation s = $1,098. Find a 95% confidence interval for the population mean
Find the probability that the number : Find the probability that the number who consider themselves baseball fans is? (a) exactly? five, (b) at least? six, and? (c) less than four.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Explore the tax implications of this arrangement

Explore the tax implications of this arrangement and whether the $5 per hour difference has any implications

  Compute the cash balance at the end of the first year

Alpaca Corporation had revenues of $310,000 in its first year of operations. Compute the cash balance at the end of the first year for Alpaca Corporation

  Explain why the first section may be confusing

Forrest Gardner, owner of Gardner's Gardens, just completed his first year in business, Explain why the first section may be confusing

  Correct any errors you find in the general ledger accounts

Finding and correcting errors in accounting records Nadine Fritz has completed the November monthly work sheet for her business, Your Personal Trainer.

  What is the rate earned on common stockholder equity

What is the rate earned on common stockholder's equity for the following data? Total current liabilities (noninterest bearing) - $300,000

  For bonds of similar risk and maturity the market

Assume the fair value of the bonds on December 31, 2012, had risen to $736 million. Prepare the journal entry to adjust the bonds to their fair value for presentation in the December 31, 2012, balance sheet.

  Create a service blueprint that depicts an overnight stay

Create a service blueprint that depicts an overnight stay in a nationally-recognized hotel chain, prepare a brief description of two procedures that prevent

  Island novelties inc of palau makes two products hawaiian

island novelties inc. of palau makes two products hawaiian fantasy and tahitian joy. present revenue cost and sales

  Challenges to malaysia towards convergence with ifrss

Discuss the benefits derived from this transition to the Malaysian capital market

  Find projected ending balance of cash on hand for January

These amounted to $42,000 in December and $68,000 in January. Use this information to find the projected ending balance of cash on hand for January

  Variable manufacturing costs are 4 per unit fixed factory

topple company produces a single product. operating data for the company and its absorption costing income statement

  Statements about real options

Please explain why chose what you choose. Which of the following statements about real options is false?

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