Compute the standard error of estimate

Reference no: EM13137409

Consider taking a sample of the given size from a box containing 50,000 tickets, all 0's and 1's. A sample of 400 tickets has 72% 1's. What percentage of the entire box do you expect to be 1's? What is the standard error of your estimate?

Reference no: EM13137409

Questions Cloud

What the term" popularization of religion" means : what the term" Popularization of religion" means

Explain the maximum flow past a circular cylinder : The maximum flow past a circular cylinder is 2 X the Up stream velocity. The max velocity occurs at the center line of the top of the cylinder.

Fixed costs for the production and marketing : Suppose the product manager of a new Flower Mills cereal has determined that the appropriate wholesale price for a carton of the new cereal is $48. The fixed costs for the production and marketing of the new product are $15million.

Description of crisis action planning : What are the strengths and limitations of organizations and how do these strengths and limitations affect crisis planning and management? How can appropriate leadership add to crisis management and planning?

Compute the standard error of estimate : A sample of 400 tickets has 72% 1's. What percentage of the entire box do you expect to be 1's? What is the standard error of your estimate?

Essay on what makes a scientific theory, a scientific theory : Write an essay on the following : What makes a scientific theory, a scientific theory

Risk assessment : LEARNING OUTCOMES BEING ASSESSED 1. Demonstrate an understanding of the principles underlying the development of marketing strategies, especially in relation to services and consumer goods; 2. Describe the role of the marketer, and the marketer's con..

Explain what is the acceleration of the aircraft : What is the acceleration of the aircraft (in m/s2)? How long does it take the aircraft to reach its take-off speed?

How many ways can five taxi drivers be assigned to six cars : Last semester a certain professor gave 13 as out of 285 grades. if grades were assigned randomly what is the probability of an A.

User Account

All Pages