The population mean productivity is 35, the population standard deviation is 10, and the sample size is

Question:

The population mean productivity is 35, the population standard deviation is 10, and the sample size is 15. Find the standard deviation of the total amount represented by a random sample.

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

Step by Step Answer:

Related Book For answer-question

Practical Business Statistics

ISBN: 9780128042502

7th Edition

Authors: Andrew Siegel

See More Books

Question Posted: Apr 18, 2019 07:08 AM

See More Questions

Find the required sample size for estimating the population mean in order to be 95% confident that the sample mean is within 10 units of the population mean. Assume that the population standard...
The college statistics club is reviewing its order for sweat suits for the new fall semester. Its review involves the random sample of heights for 24 students, listed here (in inches): Find each of...
The standard deviation (or, as it is usually called, the standard error) of the sampling distribution for the sample mean, x , is equal to the standard deviation of the population from which the...
Evaluate the limit or state that it does not exist. lim (x,y) (1,-3) In(3x + y)
Consider two bonds, a 3-year bond paying an annual coupon of 5% and a 10-year bond also with an annual coupon of 5%. Both currently sell at face value. Now suppose interest rates rise to 10%. a. What...
The June 30, 2024, year-end trial balance for Askew Company contained the following information: In addition, you determine that the June 30, 2024, inventory balance is $40,000. Required: Calculate...
Patty Hayes owned four Personal Seat Licenses (PSLs) at the Cleveland Browns Stadium. Hayess PSLs reserved four seats on the 50-yard line, at the railing, on the north side of the stadium. As the...
1. Matthew Paul of Sisseton, South Dakota, is single and has been working as an admissions counselor at a university for five years. Matthew owns a home valued at $156,000 on which he owes $135,000....
__________ are expenses that can be subtracted from total income in order to calculate tax liability. They may include child care expenses and union dues. deductions debentures tax credits dividends...
Convolution for discrete-time signals Consider two sequences (x(n)} and (h(n)} of lengths N, and N,, respectively. Let N, s N,. The convolution of (x(n)} and th(n)} is defined as follows: Experiment...
The mean account balance is $500 and the standard deviation is $120 for a large population of bank accounts. Find the standard deviation of the average balance of groups of eight accounts (chosen...
You have eight machines operating independently. The mean production rate for each machine is 20.3 tons/day, and the standard deviation is 1.4 tons/day. Approximately how much uncertainty is there in...
At the end of January 2012, the records of Southport Company showed the following for a particular item that sold at $15 per unit: Required: 1. Assuming the use of a periodic inventory system,...
You are a member of the Justice Department. A group of competitive firms in the shoe industry announce that they plan a horizontal merger (a merger of all competitors) that will lead to a monopoly in...
Sorensen Systems Inc. is expected to pay a $2.9 dividend at year-end, the dividend is expected to grow at a constant rate of 5.8% a year,and the common stock currently sells for $58.6 a share. The...
Peter's Pools Inc. paid $100,000 to analyze the economics of potentially launching a new indoor pool during the pandemic. The Gross Profit of the project will be $370,000 next year. They expect 30%...
e) Use the following CAPM equation for a portfolio to answer the questions that follow: E(Rp) RF+BP (RM-RF)=1+0.8 (5-1) = 4.2% 1) 39 Comment on whether the portfolio is defensive or aggressive. Why?...
Address the leadership teams of Ellen Johnson Sirleaf and Narendra Modi. What type of leadership team did each create? How were the leadership teams created? How did the leader deal with team...
The air inside a hot-air balloon has an average temperature of 79.2 C. The outside air has a temperature of 20.3 C. What is the ratio of the density of air in the balloon to the density of air in the...
Listed below are common types of current liabilities, contingencies, and commitments: a. Accounts payable b. Bank loans and commercial paper c. Notes payable d. Dividends payable e. Sales and excise...
From Table 11.3.16, consider the daily production and the number of workers assigned for each of a series of days. a. Find the regression equation for predicting production from the number of...
Table 11.3.2 shows the on-time performance of nine airlines, both for one month (May 2010) and for the preceding four (January to April 2010). These numbers represent percentages of flights that...
One weekend when you reduced prices 5%, your store had $58,000 worth of sales. The next weekend, with a 15% reduction, your sales were $92,000. The weekend after that, with a 17.5% reduction, your...
Ammonia (NH3) is a metabolite, but is very toxic to aquatic life. NH3 and ammonium (NH4+) exist in equilibrium in an aqueous solution. The equilibrium constant K depends on temperature and pH....
2. What would be the output of the following pseudocode? values [] = (1, 3, 5, 7, 9, 11, 13, 15, 17, 19 } Stacks createStack() for (int i = 1; i < values.length; i++) s.push(values [ i ] ) int n=25;...
3. Given input to ATM, construct an instance of Post Correspondence Problem. That is, create a collection of tiles such that, if you can find a solution to this PCP instance, then you have found an...

The population mean productivity is 35, the population standard deviation is 10, and the sample size is

Question:

Step by Step Answer:

The stan...View the full answer

Practical Business Statistics

Students also viewed these Mathematics questions