Construct a 99% confidence interval to estimate the population mean using the following data: x = 60
Question:
Construct a 99% confidence interval to estimate the population mean using the following data:
x̅ = 60 σ = 17 n = 12
What assumptions need to be made to construct this interval?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
x 17 12 491 UCL x 6000 ...View the full answer
Answered By
Branice Buyengo Ajevi
I have been teaching for the last 5 years which has strengthened my interaction with students of different level.
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
Construct a 90% confidence interval to estimate the population mean using the following data: x = 85 = 20 n = 10 What assumptions need to be made to construct this interval?
-
Construct a 90% confidence interval to estimate the population mean using the following data: x = 25 = 5.2 n = 21 What assumptions need to be made about this population?
-
Construct a 95% confidence interval to estimate the population mean using the following data: x = 38 = 8.5 n = 25 What assumptions need to be made about this population?
-
What approaches to recruitment can an employer adopt in order to create and project a positive public image?
-
It can be argued that there really is no fiscal policy. How would you make this argument?
-
MexSub, a subsidiary of AbroadCo, resells approximately 30,000 stoves that it purchases from its foreign parent company to industrial manufacturing companies. The stoves are neither branded nor...
-
Under what circumstances would adherence to an inflation target lead to (a) more stable interest rates, (b) less stable interest rates than pursuing discretionary demand management policy?
-
Identify which of the CVP assumptions is violated in each of the circumstances described below. a. Price per unit declines as the volume of sales and production increase. b. Labor productivity...
-
Catagory Year 1 Pre-Launch R&D $600,000.00 Advertising $6,380,000.00 Trade Promotions $8,150,000.00 Units $5,887,704.27 Nature Price $4.45 Cost/Unit $3.63 6. For us to have a contribution margin of...
-
What can you say about the sets A and B if we know that a) A B = A? b) A B = A? c) A B = A? d) A B = B A? e) A B = B A?
-
The Hawaii Island Chamber of Commerce collects ocean temperature data to help promote tourism for local businesses. The Excel file titled Hawaii ocean temps.xlsx lists daily ocean temperatures for...
-
Banking fees have received much attention during the recent economic recession as banks look for ways to recover from the crisis. A sample of 30 customers paid an average fee of $ 12.55 per month on...
-
Figure 16.1 shows how a countrys production possibility frontier shifts out with technology. Another characteristic of a country that you might want to think about is how far an individual country is...
-
In which of the situations must a contract be written in order for 2 to be enforceable? Explain
-
A bank is advertising the following 1-year CDs: ASSUME AN INITIAL INVESTMENT OF $10,000 (b) How much interest will a CD with an APR of 1.93% compounded daily earn in 1 year? (Round you answer to 2...
-
Suppose you run the following program on your shell. int i = 0; main() { } printf("%d ", i); fork(); i = i + 2; printf("%d ", i); fork(); i = i + 3; printf("%d ", i); Please explain what you will see...
-
According to the text, law is a type of claim using a perceives speech
-
Write a program named PointToPointDistance that reads in the x- and y- coordinates of two points and prints their distance from each other. There are no prompts or output labels. So, if the input was...
-
Explain how to solve a system of equations using the substitution method. Use y = 3 - 3x and 3x + 4y = 6 to illustrate your explanation.
-
Can partitioned join be used for r r.A s? Explain your answer
-
It is important for women to gain the right amount of weight during pregnancy by eating a healthy, balanced diet (webmd.com). It is recommended that a woman of average weight before pregnancy should...
-
A farmer is concerned that a change in fertilizer to an organic variant might change his crop yield. He subdivides 6 lots and uses the old fertilizer on one-half of each lot and the new fertilizer on...
-
The accompanying table shows annual return data from 20012009 for Vanguards Balanced Index and European Stock Index mutual funds. The data set, labeled Balanced_European, can also be found on the...
-
By the end of this case study, students should be able to: Understand the concept and importance of capital budgeting and investment decision-making. Discuss and identify the various information...
-
A solid wood door 1.50 m wide and 5.00 m high is hinged along one side and has a total mass of 42.0 kg . Initially open and at rest, the door is struck at its center by a handful of sticky mud with...
-
1. Donna enters into an investment contract that will guarantee her 4% per year if she deposits $3,500 each year for the next 10 years. She must make the first deposit one year from today, the day...
Study smarter with the SolutionInn App