Question: If the sample standard deviation is 10.5 and the sample mean is 48 based on a study with a sample size of 120, then what

If the sample standard deviation is 10.5 and the sample mean is 48 based on a study with a sample size of 120, then what is the estimated population parameter using a 95 percent confidence interval?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock 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

Students Have Also Explored These Related Marketing Questions!

If the sample standard deviation is 10.5 and the sample mean is 48 based on a study with a sample size of 120, then what is the estimated population parameter using a 95 percent confidence interval?

You have joined a major producer of soap. A sample of 40 boxes of soap were weighed and you found that the sample standard deviation was 1.05 pounds. Having no other information use this standard...

Please solve Do you want to own your own candy store? Wow! With some interest in running your own business and a decent credit rating, you can probably get a bank loan on startup costs for franchises...

Q #1 8. [-/1 Points] DETAILS BBUNDERSTAT12 7.2.014.MI.S. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER How much does a sleeping bag cost? Let's say you want a sleeping bag that should keep you warm in...

NAME: Enter your LETTER answers HERE 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 1 a b c d 2 a b c d Note: When done, using your last name and firstname, save THIS FILE as, E270Lastname...

OPRE 3360: Managerial Methods in Decision Making Under Uncertainty Graded Group Assignment 2: Hypothesis Testing and Statistical Inference This group assignment is open book and notes. However, once...

Anystate Auto Insurance Company took a random sample of 368 insurance claims paid out during a leyear period. The average claim paid was $1580. Assume a = $240. Find a 0.90 confidence interval or the...

1) Sam computed a 90% confidence interval for from a specific random sample of size n. He claims that at the 90% confidence level, his confidence interval contains . Is this claim correct? Explain....

Allen's hummingbird ( Selasphorus sasin ) has been studied by zoologist Bill Alther.Suppose a small group of12Allen's hummingbirds has been under study in Arizona. The average weight for these birds...

A political candidate is planning his media budget for an upcoming election. He has $90,500 to spend. His political consultants have provided him with the following estimates of additional votes as a...

Question :- 59 years old housemaid complains of bilateral knee pain (Rt>Lt) since 6 years. She has difficulty in climbing stairs and sitting cross legged. She is a sole earning member of family of 4....

Contagion is said to occur when a financial crisis in one country has Blank______ effects in other countries. Multiple choice question. offsetting spillover

Which of the following are problems with identifying users of ABC? Multiple select question. ABC means different things to different organizations. Organizations will announce the discontinuance of...

The company has fair promotion/advancement policies.

Refer to the Lets Talk Business feature that opens this chapter. Decide whether each of the proposals discussed there would be internal or external, unsolicited or solicited, and formal or informal....

How does the Attention/Interest/Desire/Action plan (described in Chapter 9) for writing a persuasive message apply to writing an unsolicited internal proposal? (Objectives 1 and 3)