Question: QUESTION 2 True or False [10 points] ( ) 95th percentile in the standard normal distribution is +1.645*SD away from the mean ( )

QUESTION 2 True or False [10 points] ( ) 95th percentile in the standard normal distribution is +1.645*SD away from the mean ( ) According to the central limit theorem, if I draw a sample of (n=33 sample) from a population with unknown distribution. The mean and the standard deviation of the sample are the same as the mean and standard deviation of the population ( ) The following function in Excel =RANDBETWEEN (1,100) returns either 0 or 1 ( ) A TRL of 1-3 indicates a new technology that is still immature and needs a lot of technology and cost analyses

Step by Step Solution

★★★★★

3.53 Rating (153 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

1 false The 95 is 1645 in other words there is a 95 probabi... 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

Students Have Also Explored These Related Accounting Questions!

If the sample size is large, the standard normal distribution can be used in place of the chi-square in a goodness-of-fit test for testing whether the population is normally distributed. True and...

A sample of n = 353 college faculty members was obtained, and the values of x = teaching evaluation index and y = annual raise were determined (Determination of Faculty Pay: An Agency Theory...

A sample of n = 10,000 (x, y) pairs resulted in r = .022. Test H0: r = 0 versus Ha: r = 0 at significance level .05. Is the result statistically significant? Comment on the practical significance of...

In each case, indicate whether the statement regarding the relationship \(\mathbf{Y}=\mathbf{x} \boldsymbol{\beta}+\boldsymbol{\varepsilon}\) is true or false, and justify your answer. (a) Let the...

An econometrician wishes to study the properties of an estimator using simulated data. Suppose the sample size \(N\) is set to be 100 . The intercept and slope parameters are 100 , and 10 ,...

Two distinct solid fuel propellants, type A and type B, are being considered in a space program activity. Burning rates on the propellant are crucial. Random samples of 20 specimens of the two...

The two-parameter gamma distribution can be generalized by introducing a third parameter , called a threshold or location parameter: replace x in (4.8) by x - and x 0 by x . This amounts to...

A student recorded the number of calories in each of 56 entrees -28 vegetarian and 28 non vegetarian - served at a college dining hall.81 The following table summarizes the data. Graphs of the data...

1. True or False: The population proportion and sample proportion always have the same value. 2. True or False: The mean of the sampling distribution of p is p.

1. As the number of degrees of freedom in the t-distribution increases, the spread of the distribution ____________ (increases/decreases). 2. True or False: The t-distribution is centered at (. 3....

Exercise 1-8A (Algo) Allocating product costs between ending inventory and cost of goods sold LO 1-3 Walton Manufacturing Company began operations on January 1. During the year, it started and...

You will be folding a sheet of paper in half (direction doesn't matter) and recording the number of sections created after each step in a table. Before you fold the paper at all, how many sections...

Kaladin and his boyfriend are in a fight. Kaladin decides to use 'the silent treatment' to show his boyfriend how mad he is. Which of the four unproductive approaches to conflict resolution...

SCMP Module 5, Module Culminating Assignment. (MCA) Workplace review in a case study format for the given below topics (from executive summary to monitor and control). As the focus is on strategic...

1. Referring to Exhibit 4, compute the annual percentage change in net income per common share-diluted (second numerical line from the bottom) for 1998-1999, 1999-2000, and 2000- 2001. Date Range...

tony soprano, leader of the soprano crime syndicate of NJ, waskilled by one of his own henchmen. detective vine interviews themen and determines that all were lying except for one, based onwhat he...

36) When evaluating an investment project on its own (i.e, not comparing the project against other invesiment propects) and using net present value (NPV), we should accept the project if ... Select...

Reichenbach Co., organized in 2018, has set up a single account for all intangible assets. The following summary discloses the debit entries that have been recorded during 2018 and 2019. Instructions...

28, 50, 52, 11, 71, 36, 47, 88, 41, 50, 71, 50 Rank the set of data.

Team batting averages for major league baseball in 2005 are represented below. Find the variance and standard deviation for each league. Compare the results. NL AL 0.2520.256 4 0.2560.261 2...

For a group of 22 college football players, the mean heart rate after a morning workout session was 86 beats per minute, and the standard deviation was 5. Find the 90% confidence interval of the true...

Determine the Stackelberg equilibrium with one leader firm and two follower firms if the market demand curve is linear and each firm faces a constant marginal cost, m, and no fixed cost?

Show the effect of a subsidy on Firm 1's best response function in Solved Problem 14.3 if the firm faces a general demand function p(Q)?

From the ninth century BC until the proliferation of gunpowder in the fifteenth century AD , the ultimate weapon of mass destruction was the catapult (Wilford, John Noble, "How Catapults Married...