Calculate the lower bound of confidence interval

Assignment Help Basic Statistics
Reference no: EM13105120

Given a sample size of 9,245, a sample mean of 38, a standard deviation of 8.15, and a confidence level of 97%, calculate the lower bound of the confidence interval.

Reference no: EM13105120

Questions Cloud

Explain issues in native americans and federal government : Write down 400-word summary of the current issue between Native Americans and federal government. Recognize the legislation (law) you think is linked to issue.
What is the compressional stress : what is the compressional stress that the arm withstands during the crash?
Percentage of women who meet height requirement : A survey found that women's heights are normally distributed with mean 63.6 in and standard devistion 2.5 in. a branch of the military requires women's heights to be between 58 in and 80 in. What is the percentage of women who meet the height requ..
Determine which of porter three generic strategies : Be sure to highlight entry barriers, switching costs and substitute products. Determine which of Porter's Three Generic strategies you will use as you rebuild The Broadway Cafe for the 21st century.
Calculate the lower bound of confidence interval : Given a sample size of 9,245, a sample mean of 38, a standard deviation of 8.15, and a confidence level of 97%, calculate the lower bound of the confidence interval.
What is the vertical deflection of the electrons : A horizontal beam of electrons initially moving at 4.1 107 m/s is deflected vertically by the vertical electric field between oppositely charged parallel plates.
Xplain how is the company now applying these lessons : Explain why do you think IKEA's expansion into Europe went so well? Explain why did the company subsequently stumble in North America? Illustrate what lessons did IKEA learn from this experience? Explain how is the company now applying these lesso..
Explain how deep is the well : You drop a stone into a deep well and hear it hit the bottom 2.40 s later. This is the time it takes for the stone to fall to the bottom of the well, plus the time it takes for the sound of the stone hitting the bottom to reach you. Sound travels ..
Explain how much is invested in stock b : A $12,000 portfolio is invested in a risk-free security and two stocks. The beta of stock A is .8 and of stock B is 1.4. One-half of the portfolio is invested in the risk-free security. Explain how much is invested in stock B if the beta of the po..

Reviews

Write a Review

Basic Statistics Questions & Answers

  Description of linear regression and correlation

A suburban hotel derives its gross income from its hotel and restaurant operations. The owners are interested in the relationship between the number of rooms occupied on a nightly basis and the revenue per day in the restaurant.

  Problem related to distribution of weekly water usage

Suppose that the distribution of weekly water usage for single-family homes in a particular city is mound shaped and approximately symmetric. The mean is 1400 gallons, and the standard deviation is 300 gallons.

  Waiting line statistics question

Customers enter the waiting line at a cafeteria on a first-come, first-served basis. The arrival rate follows a Poisson distribution, while service times follow an exponential distribution.

  Comparing effected group to control group

A group of 200 adults aged 21 to 50 were chosen from those entering Fit Right Health stores in Washington State, and were randomly divided in two groups.

  Determining conclusion regarding null hypothesis

What is your conclusion regarding null hypothesis?

  Explanation of odds ratio in study of smoking

Those who have quit smoking often return to the habit. The authors of a paper concluded that forbidding smoking in the smoker's residence was a significant predictor of the ability to abstain from smoking.

  Probability of happening

What is the probability of this actually happening?

  Mean and median scores of class

The mathematics SAT scores of the seven students in a mathematics seminar are 533, 553, 578, 586, 619, 626, and 633. Suppose that the student with the score of 533 drops the seminar and is replaced by a student with a score of 765.

  Simple conditional probability problem

A jar contains black and white marbles. Two marbles are chosen without replacement. If the probability of selecting a black marble and a white marble is 0.34, and the probability of selecting a black marble on the first draw is 0.47,

  Empirical rule to determine the percent of scores

SAT verbal scores are normally distributed with a mean of 494 and a standard deviation of 97. Use the Empirical Rule to determine what percent of the scores lie between 300 and 591.

  Probability of random sample-sample mean sat score

What is the probability a random sample of 75 students will provide a sample mean Sat score within 20 of the population mean?

  Margin error for the confidence interval

To report their finding they want to create a 90% confidence interval. What would be the margin error for this confidence interval?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd