From a population of unknown mean and a standard Deviation = 5.0 a sample of
Question:
a. Determine the 95% confidence interval for µ.
b. Complete the hypothesis test involving Ha: µ = 40 using the p-value approach and a = 0.05 d. On one sketch of the standard normal curve, locate the interval representing the confidence interval from part a; the z_, p-value, and a from part b; and the z_ and critical regions from part
c. Describe the relationship between these three separate procedures.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
a Step 1 The mean Step 2 a normality assumed CLT with n 100 b z 50 c 1 095 Step 3 n 100 406 Step 4 a ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Statistics questions
-
A population of unknown shape has a mean of 3,000 and a standard deviation of 200. a. Find the minimum proportion of observations in the population that are in the range 2,600 to 3,400. b. Determine...
-
Three items are drawn in randomly from a population of 7 items. The item drawn may be defective or non-defective. A random variable is the occurrence of non-defective items. Total defective items in...
-
The auditors have sampled 25 accounts from a population of 250 accounts receivable. The sample Items have a mean book value of $242 and a mean audited value of $247. The book value in the population...
-
Explain why rewarding sales personnel on the basis of total sales might not be in the best interests of a business whose goal is to maximize profits.
-
Approximate the binomial probability b(3; 100, 0.10) by using (a) The formula for the binomial distribution and logarithms; (b) Table II.
-
The following remains constant during a throttling process: (a) internal energy (b) enthalpy (c) pressure (d) temperature
-
What is the most important item that should be trended on an oil-filled gearbox?
-
(Computation of Net Income) Presented below are changes in all the account balances of Fritz Reiner Furniture Co. during the current year, except for retained earnings. Increase Increase (Decrease)...
-
Calculate and report the classification accuracy for the given confusion matrix. 215 0 2 0 5 2 224 0 135 34 0 2 40 211 0 16 368 1 0 12 397 1 0 2 458 0 0 461 3 0 1 20 183 183 30 237 36 219 o 187 419...
-
Assume that all individuals have identical preferences but some individuals are wealthier than others. Assume there is a single public good and a single private good. a. Show diagrammatically how you...
-
A manufacturer of automobile tires believes it has developed a new rubber compound that has superior antiwearing qualities. It produced a test run of tires made with this new compound and had them...
-
From a population of unknown mean and a standard Deviation = 5.0 a sample of n = 100 is selected and the sample mean 41.5 is foun d. Compare the concepts of estimation and hypothesis testing by...
-
What are the resistance, peak current, and power level of a computer monitor that draws an rms current of 0.833 A when connected to a 120-V outlet?
-
Why is it important to establish links with the finance department of the organisation when drafting the Cost Management Plan?
-
Using the change control process, design a change control process for you own organisation/project, or create a change control process that would be applicable to your group project.
-
What types of project cost structures can be established? How do you track project costs in your project environment?
-
What systems does your organisation use to track project budgets, and whose responsibility is it to ensure that appropriate access is maintained to these systems?
-
Reflect on how the 'pair-wise' criterion system could be applied in your organisation. Against which criterion would you carry out prioritisation?
-
When CFCs were first introduced 50 years ago, their benefits were obvious, and nobody appreciated the long-run impacts they might have. How do we guard ourselves against unforeseen long-run effects...
-
Briefly describe the following types of group life insurance plans: a. Group term life insurance b. Group accidental death and dismemberment insurance (AD&D) c. Group universal life insurance d....
-
This exercise involves the use of an unrealistically small population to provide a concrete illustration for the exact distribution of a sample proportion. A population consists of three men and two...
-
x = 40, n = 50, 95% level. a. Use the one-proportion plus-four z-interval procedure, as discussed on page 449, to find the required confidence interval. b. Compare your result with the corresponding...
-
x = 16, n = 20, 90% level. a. Use the one-proportion plus-four z-interval procedure, as discussed on page 449, to find the required confidence interval. b. Compare your result with the corresponding...
-
Career pathing programs arm staff with skills and provides incentives of growth, challenge, and visibility. It presents the chance to change the way a technology team is perceived internally and...
-
In order to better understand what you are trying to communicate, does Christianity and the Way of Jesus fall under a honor society, justice society or both?
-
For HOST280, I have a significant assignment. Core Values I need to be able to define what each core value means. To define these three core values. The definition is personal so that if someone asks...
Study smarter with the SolutionInn App