Question: a. The mean and standard deviation of a sample of 100 is x = 1500 and s = 300. Estimate the population mean with 95%

a. The mean and standard deviation of a sample of 100 is x̄ = 1500 and s = 300. Estimate the population mean with 95% confidence.

b. Repeat part (a) with s = 200.

c. Repeat part (a) with s = 100.

d. Discuss the effect on the confidence interval estimate of decreasing the standard deviation s.


Step by Step Solution

3.44 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a 1500 1984300100 1500 5952 LCL 144048 ... View full answer

blur-text-image
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)

Word file Icon

398-M-S-O-T-P (2).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!