Why is the required sample size larger

Assignment Help Basic Statistics
Reference no: EM131167622

The sample size formula for a confidence interval for the population mean requires an estimate of the population standard deviation.

Intuitively, why is this the case? Specifically, why is the required sample size larger if the population standard deviation is larger?

Reference no: EM131167622

Questions Cloud

Find three other winning sequences of moves : What makes this difficult is that at no time can the number of cannibals on either bank outnumber the number of vegetarians. Otherwise, disaster befalls the vegetarians
Would the countries have borrowed more or less : Would the countries have borrowed more or less if their economies had been privatized earlier?
Explain what is the purpose of the statement of cash flows : What is the purpose of the statement of cash flows? What information does it provide? Explain why statements of cash flows are important when assessing the financial strength of an organization.
Developing countrys decision to reduce trade restrictions : How might a developing countrys decision to reduce trade restrictions such as import tariffs affect its ability to borrow in the world capital market?
Why is the required sample size larger : The sample size formula for a confidence interval for the population mean requires an estimate of the population standard deviation.- why is the required sample size larger if the population standard deviation is larger.
How much is excluded from taxation based on legislation : The transfer-tax system What is considered part of the estate How much is excluded from taxation based on current legislation Gross estate versus adjusted gross estate.
Controversy by starting their mega-sales on thanksgiving : "Black Friday," which occurs annually the day after Thanksgiving, is one of the biggest shopping days of the year. During the 2012 holiday season, many stores created controversy by starting their mega-sales on Thanksgiving itself.
Discuss whether parker breached a contract with donna : Donna then packed up her car and drove to New Orleans. When she was within 50 miles of New Orleans, Parker sent Donna a text that said "We won't be able to employ you after all. Our apologies." Discuss whether Parker breached a contract with Donna..
Draw a graph to represent this situation : Draw a graph that illustrates who among these five people are not acquainted. That is, draw an edge between two people if, and only if, they are not acquainted.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Let x have the probability density

let x have the probability density functionfx2x 0 lt x lt 1 and 0 otherwisecompute the probability that x is at least

  An exponential distribution with parameter

Suppose that we modify the M/M/2 queueing system as follows: when a server is free, he assists (if needed) the other server, so that the service time, S, has an exponential distribution with parameter 2μ.

  What is the likelihood of this event assuming two-thirds

tire and auto supply is considering a 2-for-1 stock split. before the transaction is finalized at least two-thirds of

  Probability of getting a sample

Assuming that the population does meet the 0.06 standard, what is the probability of getting a sample of 300 with 27 or more dark ends? Comment on this result.

  What assumptions are required to calculate this probability

A certain birth defect occurs in 1 of every 10,000 births. In the next 5,000 births at a major hospital, what is the probability that at least one baby will have the defect? What assumptions are required to calculate this probability?

  Study the effect of a new drug on blood pressure

A researcher wishes to study the effect of a new drug on blood pressure.  Consider and discuss the following questions as you respond:

  Information about probability and counting rules

In the class, there are 17 females (of whom 8 are freshmen) and 16 males (of whom 7 are freshmen). If one student is selected at random, what is the probability of selecting a freshmen or a female?

  Variable selection is the main focus of your analysis

Install the library TH.data. Use the data named GlaucomaM in this library. The GlaucomaM data has 196 observations in two classes. You do not need to interpret any coefficient estimate. Prediction and variable selection are the main focus of your an..

  How reaction time decreased after one hundred eighty degrees

The letters were rotated away from 0 degrees. Interestingly, reaction time decreased after 180 degrees. Can you explain why this might occur?

  What are the methods of constructing graphs on ratio scale

Discuss various types of two dimensional diagrams. Explain with Ex., how these are prepared? Distinguish between Natura.I scale and Ratio Scale What are the methods of constructing graphs on ratio scale?

  Determine and list complement of both marginal probabilities

Refer to Table 9.3 to solve this problem. Determine and list the complements of both the marginal probabilities and the joint probabili- ties contained within Table 9.3.

  If x is a poisson distributed random variable with a mean

1 if x is a poisson distributed random variable with a mean of 3 and y is another poisson distributed random variable

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