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The quick method for a confidence interval for a proportion uses p ±1/√n as an approximation for a 95% confidence interval. The margin of error in this case is slightly larger than necessary. Suppose that a simple random sample of 500 motorcycle registrations finds that 68 of the motorcycles are Yamahas. Give a 95% confidence interval for the proportion of motorcycles in the population that are Yamahas using the quick method of chapter 3 and then by the more precise method of chapter 21.
What does the confidence level of a confidence interval tell you?
Suppose that a population has mean, µ, and standard deviation, σ. What does the central limit theorem tell us about the distribution of the sample mean?
Government regulations indicate that the total weight of cargo in a certain kind of airplane cannot exceed 310 kg. On a particular day a plane is loaded with 100 boxes of a particular item only. Historically, the weight distribution for the individual boxes of this variety has a mean of 3.2 kg and standard deviation 0.4 kg.
a. Interpret the meaning of the "a mean of 3.2 kg" in terms of repeated samplng.
b. what is the distribution of the sample mean weight for the boxes (give the name of the distribution and appropriate parameter values)?
c. What is the probability that the government regulation is met?
If q=2,TP=450 and AP=225, what is MP. How can I figure out what my marginal product will be?
Q1. If you throw a coin 5 times, what is the probability of: - throwing 5 heads - throwing 4 tails - throwing 3 heads and 2 tails Q2. Construct a tree diagram to verify your ans
Ask question #Minimum 100 words accepteWhen all factors are taken into account, an insurance company estimates that the probability of my father making a claim for damages to his p
how many people travel in a year
Explain the Financial Accounting. Under the Financial Accounting System the producing of economic purchase are done in the Cash and Publication, in other Bookkeeping as Sales, P
Question: Imagine that your client, Hillside County Forest Preserve (HCFP), is considering how best to protect their natural lagoons. They have asked for your help, and you ha
AMOUNT AVAILABLE IN DEBT SERVICE FUNDS An "other debit" common journal value used in the General Long-Term Bills Additional Consideration that designates the quality of resources
Bonds payable The face worth of bonds issued and honorary. In the case of zero-coupon bonds, however, and the only and the accreted value of the tie is reported as bonds owed on t
We find the correlation coefficient and plot the scatter plot using excel as follows: Time in Waiting Room Heart Rate
what are the disadvantages of quantatity tecqines..
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