Percentage of defective items in the shipment

Assignment Help Other Subject
Reference no: EM13977604

1. A university official wants to estimate, with 99% confidence and within $2, the average amount that members of fraternities and sororities spend at local restaurants during the first week of the semester. If the total fraternity/sorority membership is 300 people, how many members should be included in the sample? Use (and explain) your own estimate for the population standard deviation.

2. A quality-management supervisor believes that no more than 5% of the items in a recent shipment of 2000 are defective. If she wishes to determine, within 1 percentage point and with 99% confidence, the percentage of defective items in the shipment, how large a simple random sample would be necessary?

Reference no: EM13977604

Questions Cloud

What is the expected return on the portfolio : What is the expected return on the portfolio?
Working on confidence interval for the mean : Working independently, each of two researchers has devised a sampling plan to be carried out for the purpose of constructing a 90% confidence interval for the mean  of a certain population. What is the probability that neither of their confidence ..
Find magnitude and direction of the torque exerted on dipole : For an axis perpendicular to the line connecting the two charges of the dipole at its midpoint and perpendicular to the plane of the paper, find the magnitude and direction of the torque exerted on the dipole by the q2 = 9.50 μC charge.
The common stock of lester lithographic is expected to earn : What is the expected rate of return on this stock?
Percentage of defective items in the shipment : If she wishes to determine, within 1 percentage point and with 99% confidence, the percentage of defective items in the shipment, how large a simple random sample would be necessary?
What is amplitude of resulting oscillation of this system : A 10-kg box is at rest at the end of an unstretched spring with constant k=1440N/m. The mass is struck with a hammer giving it an initial velocity of 6.0m/s across a frictionless surface. The amplitude of the resulting oscillation of this system is..
Determine the number of trucks : Using (and explaining) your own estimate for the population standard deviation, determine the number of trucks on which the company should install the hidden speed-recording device.
What is the risk free rate of return : The expected return on JK stock is 13.40 percent while the expected return on the market is 10.8 percent. The beta of JK stock is 1.4. What is the risk-free rate of return?
What is their final velocity : A 10 kg cart is moving at a velocity of 5m/s hits a tricycle of mass 20kg moving at a velocity of 2m/s. If these objects get stuck to each other when they collide, what is their final velocity? What is this type of collision known as? Please show ..

Reviews

Write a Review

Other Subject Questions & Answers

  Determine the difference between gnp and gdp expalin why do

q1 what is the difference between gnp and gdp? why do we use gdp to measure growth and efficiency in our economy

  Minnesota multiphasic personality inventory

What are the differences in test construction between the Minnesota Multiphasic Personality Inventory (MMPI) and the Neuroticism-Extroversion-Openness (NEO) Personality Inventory? Which do you think is more valid? Explain your response.

  Demographics and epidemiological transitions result in

demographics and epidemiological transitions result in dramatic changes in the health needs of individuals throughout

  Status of the design relative to the cost goals

After the breadboard has been completed, a cost analysis should be performed to determine the status of the design relative to the cost goals. Discuss the alternatives that can be considered if the breadboard design is already over the identified cos..

  Behavior and culture relationship

It as well varies by characteristics such as gender, age, sexual orientation, socio-economic status and locale, which is related to diversity.

  Hypothesisif the football authorities put pressure on qatar

hypothesisif the football authorities put pressure on qatar then they will improve the sub-human working conditions of

  Question regarding the quality-improvement plan

Using measurement strategies can help determine whether or not there is a need for a quality-improvement plan. How would you measure the success of project component if you are unable to find the means to measure and code the data?

  U.s. government should continue to have the patriot act

Do you believe the U.S. Government should continue to have the Patriot Act in place given there still remain terrorist threats ex. (ISIS)

  Information about the financial instruments

Below (Table 1) you will find information about the financial instruments that SigurLtd have used to raise capital as well as details outlining their current status in the market.

  Maximizes overall profits

Using the structure you have created, the existing constraints and the MS Excel tools available, can you propose a new product mix that programmatically: Maximizes overall profits and Reduces overall cost (total cost of products in inventory)

  What factors contribute to gentrification

What factors contribute to gentrification? Who is impacted by gentrification? What are the effects of urban sprawl? Are they generally positive or negative?

  What is the social problem the researchers are investigating

What is the social problem the researchers are investigating

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