Why it is desirable to take as large a sample

Assignment Help Basic Statistics
Reference no: EM131417146

Use the information about the sampling distribution for a sample mean to explain why it is desirable to take as large a sample as possible when trying to estimate a population value.

Reference no: EM131417146

Questions Cloud

Company produces small motors at a production cost : The H&S Motor Company produces small motors at a production cost of $30 per unit. Defective motors can be reworked at a cost of $12 each. The company produces 100 motors per day and averages 80 percent good-quality motors. Using the number of good mo..
Describe the conquests of alexander the great : HS150: Describe the conquests of Alexander the Great and analyze the legacy of his empire. (Refer to chapter 7 of your textbook and additional references) Be sure to mention his impact on Persia, India, and Egypt as well as the cultural implicati..
Describe distribution of possible sample proportion : For a random sample of 2500 households measured by a rating agency, describe the distribution of the possible sample proportions who watch the program.
Equal pay act go far enough in prohibiting : In your opinion, does the Equal Pay Act go far enough in prohibiting pay discrimination? Why, or why not? Should the proposed amendments to the EPA found in the Fair Pay Act be enacted? Why, or why not?
Why it is desirable to take as large a sample : Use the information about the sampling distribution for a sample mean to explain why it is desirable to take as large a sample as possible when trying to estimate a population value.
What major changes in political structures : HS150 : What major changes in political structures, and social and economic life, occurred during each of the following?
Draw picture illustrating sampling distribution : Would the mean of 7.1 hours of sleep obtained from the statistics students be a reasonable value to expect for the sample mean of a random sample of 190 adults? Explain.
Interplay between section 7 and section 8 rights : 1. Explain the interplay between Section 7 and Section 8 rights. Also, provide an example of workplace activity (or a workplace scenario) that would help illustrate the interplay between the two sections.
What is the hazard communication standard : 1. What is the hazard communication standard? Explain how this standard applies to the workplace. What should employers do in order to be compliant with this standard? What are the possible implications to an employer for failure to adhere to this..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Counted the number of sister-chromatid exchanges

In a genetics experiment, investigators looked at 300 chromosomes of a particular type and counted the number of sister-chromatid exchanges on each ("On the Nature of Sister-Chromatid Exchanges in 5-BromodeoxyuridineSubstituted Chromosomes," Genet..

  Construct a confidence interval for average wealth

The following is a random sample of the wealth, in billions of U.S. dollars, of individuals listed on the Forbes "Billionaires" list for 2007.- Construct a 90% confidence interval for the average wealth in $ billions for the people on the Forbes li..

  Problem regarding the fuel consumption

A random sample of 16 mid-sized cars tested for fuel consumption gave a mean of 26.4 kilometers per litre with a standard deviation of 2.3 kilometers per litre.

  The mean and standard deviation of a random sample of size

heights of trees in a forest are normally distributed. the mean and standard deviation of a random sample of size 20

  The sample mean is 35 and the sample standard deviation 8

twenty-seven items are randomly selected from a population of 295 items. the sample mean is 35 and the sample standard

  The manager of a grocery store wants to determine what

the manager of a grocery store wants to determine what proportion of people who enter his store are his regular

  Probability that firm will have income after taxes

A study of 200 commercial firms revealed the data below. What is the probability that a particular firm will have 1 million or more in income after taxes?

  Probability of selecting a sample mean

what is the probability of selecting a sample mean of 7 or less , with a sample population of 9 and mean of 10 and a standard deviation of 3.

  Switch or stick question

A number of years ago, there was a popular television game show called Let's Make a Deal. The host Monty Hall, would randomly select contestants from the audience and, as the title suggests

  Sales and income for separate year of amazon existence

Construct one bar graph illustrating the relationship between sales and income for each separate year of Amazon's existence.

  Nonparametric test hypothesis

Here is my data: these are the wages for women with a 2 yr degree, $11,702, $24,509, $34,746, $35,185 (median of $29,627) These are the wages for women with a 4 yr.

  A certain enzyme in the liver of fish is considered an

a certain enzyme in the liver of fish is considered an indicator of trace amounts of a dangerous pollutant that is

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