Question: A population is approximately normally distributed and the sample size is to be n 5 40. What additional factor must be considered in determining whether

A population is approximately normally distributed and the sample size is to be n 5 40. What additional factor must be considered in determining whether to use the standard normal in constructing the confidence interval for the population mean?

Step by Step Solution

★★★★★

3.35 Rating (161 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

A key consideration in determining whether or not to use the standa... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

522-M-S-O-T-S-E (427).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!

Taxco, a firm specializing in the preparation of income tax returns, claims the mean refund for customers who received refunds last year was $150. For a random sample of 12 customers who received...

The new director of a local YMCA has been told by his predecessors that the average member has belonged for 8.7 years. Examining a random sample of 15 membership files, he finds the mean length of...

A scrap metal dealer claims that the mean of his cash sales is no more than $80, but an Internal Revenue Service agent believes the dealer is untruthful. Observing a sample of 20 cash customers, the...

A population is approximately normally distributed and the sample size is to be n 5 40. What additional factor must be considered in determining whether to use the standard normal distribution in...

MATH 40 FALL 2016 Student Name:_______________________________________________ Project is worth 20% of your course grade. Instruction: You can use any materials, but you cannot consult with another...

Analyze the Design and Methodology in Two Quantitative Studies Recall the two quantitative studies you read for this lesson from the eReserves; use these to answer the following questions: Identify...

8) By how many times does the sample size have to be increased to decrease the margin of error by a factor of 7 1 . The sample size must be increased by a factor of enter your response here to...

ECON 1203 Tutorial Workshop Questions Semester 1 2016 ***This document will be periodically updated with questions to be discussed in succeeding tutorials, and re-posted to Moodle every fortnight.***...

Choose the best answer to the given questions or statement 10. . If the variance is unknown and the sample size is small, which test statistic is appropriate? A. t-test C. two-tailed test B. z-test...

Area- Standard Normal Distribution 0.00 0.01 0.05 L.07 -3.4 0.0003 0.0003 0.0003 1.0005 0/0002 -13 0.00 05 1.0004 0.0004 1 0004 1 0004 0.0003 -32 0,0017 0.0007 0.0006 0,0006 1 1005 0 0005 1 0005 -31...

Ace, Bob, Cat, and Dan, have all come together to start a new business venture. This happened when Bob, restaurant experience approached Ace, Cat, and Dan to get their interest in investing into a...

Relating to cash items of Kim Corporation, you established the following data as of December 31, 2007: Bank credit memo Bank debit memo Balance per bank statement Cash on hand and in bank, per books...

In floating stock-for-stock transactions, the "Value($) to Target" is constant. Question 4 options: True False

In an attempt to access the reduced responsibilities offered by 404(c), a fiduciary decides to alter operations to allow each participant to exercise investment authority. Those who do not exercise...

When Mendel conducted his famous genetics experiments with peas, one sample of offspring consisted of 580 peas, and Mendel theorized that 25% of them would be yellow peas. a. If Mendels theory is...

Mars, Inc. claims that 20% of its M&M plain candies are orange, and a sample of 100 such candies is randomly selected. a. Find the mean and standard deviation for the number of orange candies in such...

Mars, Inc. claims that 14% of its M&M plain candies are yellow, and a sample of 100 such candies is randomly selected. a. Find the mean and standard deviation for the number of yellow candies in such...

According to a leasing firm's reports, the mean number of miles driven annually in its leased cars is 13,480 miles with a standard deviation of 1240 miles. The company recently starting using new...

1. Fryer Inc. owns equipment for which it paid $90 million. At the end of 2021, it had accumulated depreciation on the equipment of $27 million. Due to adverse economic conditions, Fryer's management...

Information concerning a project is given in the table below. Indirect project costs amount to $250 per day. The company will incur a $100 per day penalty for each day the project lasts beyond day...