A random sample of size 39 is taken from a population of 200 members. The sample mean
Question:
A random sample of size 39 is taken from a population of 200 members. The sample mean is 66 and the population standard deviation is 11. Construct a 96% confidence interval to estimate the population mean. What is the point estimate of the population mean? Calculate.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
Given sample size n 39 sample mean 66 sample sd 11 sample size is large enough to us...View the full answer
Answered By
Abdul Kalam
I am currently a student preparing for Net/JRF for so,me and working for some online website as subject matter expert for Statistics.I have excellent knowledge of some programming tools like R programming SPSS Etc.
0.00
0 Reviews
10+ Question Solved
Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
Question Posted:
Students also viewed these Statistics questions
-
A random sample of size 25 is taken from a normal population having a mean of 80 and a standard deviation of 5. A second random sample of size 36 is taken from a different normal population having a...
-
A random sample of size 150 taken from a population yields a proportion equal to 0.35. a. Determine if the sample size is large enough so that the sampling distribution can be approximated by a...
-
A and b. 30. A random sample of size n=100 is taken from a population of size N=2,500 with mean = 245 and variance - =81. a. Is it necessary to apply the finite population correction factor?...
-
Gabriele Enterprises has bonds on the market making annual payments, with seven years to maturity, a par value of $1,000, and selling for $974. At this price, the bonds yield 7.2 percent. What must...
-
Determine if the systems in Exercises 1 and 2 are consistent. Do not completely solve the systems. 1. x1 - 6x2 = 5 x2 - 4x3 + x4 = 0 -x1 + 6x2 + x3 + 5x4 = 3 -x2 + 5x3 + 4x4 = 0 2. 2x1 - 4x4 = -10...
-
(a) If an airline increases prices for business class flights by 8%, demand falls by about 2.5%. Estimate the elasticity of demand. Is demand elastic, inelastic or unit elastic? (b) Explain whether...
-
Explain how organizations should choose appropriate T&D methods.
-
Just for Feet operated in an extremely competitive industry, or sub industry. Identify inherent risk factors common to businesses facing such competitive conditions. How should these risks affect the...
-
Image transcription text Assume a pumped hydro energy storage arrangement in which water is pumped up from a low-level water reservoir to a higher-level reservoir to store energy. The water then...
-
A company purchased a machine for $107,900 on January 1. It has an estimed residual value of $3,900 and an estimated useful life of 52,000 hours. The machine was used 8,300 hours the first year. The...
-
A random sample of size 70 is taken from a population that has a variance of 49. The sample mean is 90.4. What is the point estimate of ? Construct a 94% confidence interval for .
-
A candy company fills a 20-ounce package of Halloween candy with individually wrapped pieces of candy. The number of pieces of candy per package varies because the package is sold by weight. The...
-
Write a Java program called TwoRockets that generates the following output. Use static methods to show structure and eliminate redundancy in your solution. Note that there are two rocket ships next...
-
What are the primary distinctions between contemporary criminal justice policies and the Restorative Justice approach, particularly concerning their philosophical underpinnings, methodologies, and...
-
Choose a company and answer about the quality and processes they follow in the Production area; and based on the Six Sigma approach , answer: Are line employees required to work on quality-improving...
-
b uild the worksheet provided with all the ledger information. Date Dec 31 Balance Jan 3 Jan Jan 3 6 Jan Jan low 9 1225 26 Jan 27 Jan Jan 31 Date Dec 31 Balance Jan 20 Date Dec 31 Balance Jan 3 Jan...
-
For this media analysis, you will analyze how one part affects the whole media production. Note that you should select only a single piece of media; you should not be discussing more than one film,...
-
No clear profile exists of terrorist group behaviour as they often emerge from divergent family backgrounds and are dispossessed of similar personal characteristics. Several general observations of...
-
Examine Figure 5.18. What is the polar-front jet stream and what does it have to do with zonal energy transfer on Earth? How does this jet stream change seasonally? Figure 5.18 cold air -60%-...
-
Air pollution generated by a steel mill is an example of a) a positive production externality. b) a negative production externality. c) a public good. d) the free-rider problem. State and local taxes...
-
Twitter (http://twitter.com) is a free networking and micro-blogging service that allows its users to send and read other users updates (otherwise known as tweets). Although Twitter has millions of...
-
A retail study by Deloitte revealed that 54% of adults surveyed believed that plastic, non-compostable shopping bags should be banned. Suppose 41% of adults regularly recycle aluminum cans and...
-
In the mid-1990s, Colgate-Palmolive developed a new tooth-paste for the U.S. market, Colgate Total, with an antibacterial ingredient that was already being successfully sold overseas. However, the...
-
Determine the mean, the variance and the standard deviation of the following discrete distribution. x .... P(x) 1 ..... .238 2 ..... .290 3 ..... .177 4 ..... .158 5 ..... .137
-
What stands out as unusual in this urinalysis? What might be happening with this patient? Your firm is considering two mutually exclusive projects with cash flows as indicated in the Excel file....
-
A new venture is launched with an initial investment (cash on hand) of $80,000. It generates sales of $40,000 each month. It has monthly operating costs of $36,000. The firm purchases equipment...
-
17. Using the following balance sheet account information: a. construct balance sheets for 2019 and 2020. b. find the net working capital for the years ending 2019 and 2020. c. calculate the change...
Study smarter with the SolutionInn App