A simple random sample of size (n=40) is drawn from a population. The sample mean is found

Question:

A simple random sample of size $n=40$ is drawn from a population. The sample mean is found to be $\bar{x}=120.8$, and the sample standard deviation is found to be $s=12.3$. Construct a $99 \%$ confidence interval for the population mean.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Statistics Informed Decisions Using Data

ISBN: 9781292157115

5th Global Edition

Authors: Michael Sullivan

See More Books

Question Posted: Mar 29, 2024 10:00 PM

See More Questions

Consider an example of a new car sale yard and the managers predicted that they would sell 1,400 of model A and 1,800 of model B in the fiscal year. They would prepare their budget accordingly. Sales...
A simple random sample of size n = 40 is drawn from a population. The sample mean is found to be x = 120.5, and the sample standard deviation is found to be s = 12.9. Construct a 99% condence...
Use your answer to question 44 to compute the cumulative frequencies. Use the following prices of Swiss stocks to answer question. Question 44 Use your answer to question 43 to construct a tally...
Davidson Industries, a sole proprietorship, sold the following assets in 2016: a. The following questions relate to the sale of the warehouse: (1). What is the adjusted basis of the warehouse? (2)....
Identify two audit approaches that might be used to gain assurance about the correctness of perpetual inventory records.
Is it impossible to convert incoherent energy to coherent energy? Can you think of an example where thermal energy can (at least partially) be converted to coherent energy?
On January 1 the West Company had outstanding 10,000 shares of $10 par common stock , which had been originally issued at an average price of $35 per share. During the year the company engaged in the...
Suppose being a human resource manager, during meeting conduction certain mistakes were made and meeting was disorganised. You must ask yourself where you were, who else was present, and what...
A simple random sample of size 20 is drawn from a population that is known to be normally distributed. The sample variance, $s^{2}$, is determined to be 12.8 . Construct a $90 \%$ confidence...
A simple random sample of size $n=23$ is drawn from a population that is normally distributed. The sample mean is found to be $\bar{x}=67$, and the sample standard deviation is found to be...
In Problem 5.8, assume that the growers loss incurred with the burners would be $17,500 and that the loss incurred with the sprinklers would be $27,500. a. Find EVPI for the weather conditions...
The topic of "Sustainable Business" has become an essential and integral part of the business world in every industry since the last decade. We hear and read about sustainability almost daily, but...
Explain what are the advantages of using Shielded Twisted-Pair (STP)cabling?
Including the resources performing the task, the start and end dates, and any additional pertinent information. This can include information such as ensuring project team members are assigned...
Explain what happens if a crossover or straight-through cable is incorrectly used between networking devices.
Explain how the susceptibility of copper cables to electronic noise can be limited. What do some types of copper cables do to counter the negative effects of crosstalk?
Explicit expressions for hydrogenic orbitals are given in Tables 10.1 and 9.3. (a) Verify both that the 3px orbital is normalized (to I) and that 3px and 3dxy are mutually orthogonal. (b) Determine...
An access route is being constructed across a field (Figure Q8). Apart from a relatively firm strip of ground alongside the field's longer side AB, the ground is generally marshy. The route can...
Light - It - Up Company maintains and repairs warning lights, such as those found on radio towers and lighthouses. Light - It - Up Company prepared the following end - of - period spreadsheet at...
Compounds A to F are intermediates in a catalytic cycle. iPr2 ipr2 ipr2 P CI Ph Pd Pd H CI PiPr2 Pr2 C pd-p Prz A ipr2 I Pd iprz Prz CI 9.5 Ph D B ipr2 Pd PrP- ipr2 CI -P Pd. Ph Ph Prz Ph F E
Kate company uses the perpetual inventory system. Record the journal entries for the following transactions a on July 1 6 Kate sold $ 2 7 0 0 of merchandise with terms 2 / 1 0 n / 3 0 . The cost of...

A simple random sample of size (n=40) is drawn from a population. The sample mean is found

Question:

Step by Step Answer:

Lower b...View the full answer

Statistics Informed Decisions Using Data

Students also viewed these Business questions