Compute the sample mean

Assignment Help Basic Statistics
Reference no: EM131403834

A study found that the average American buys 4.6 movie tickets per year, compared to just 1.9 for the average Spaniard. Assuming that the data values in file XR04049 represent the number of movie ticket purchases reported by 100 American respondents,

a. Select a simple random sample of 20 data values. Compute the sample mean.

b. Select another simple random sample of 20 data values, and compute the mean.

c. To two decimal places, compare the mean of the sample in part (a) with the mean of the sample in part (b). Are the values identical?

Would you expect them to be? How do they compare to the mean of the 100 data values from which the samples were drawn? (We will learn more about this topic in Chapter 8, Sampling Distributions.)

Reference no: EM131403834

Questions Cloud

What behaviors are demonstrated in an organization : What behaviors are demonstrated in an organization that is focused on continuous improvement? 150 to 180 words. will not spend more money.
What is meant by periodicity : What is meant by periodicity, and how can this present a problem when taking a systematic sample? Provide an example of a systematic sampling situation where periodicity could be a factor.
Describe the composition of at least one purposive sample : Could purposive sampling help determine the extent to which people might use the glue improperly? If so, describe the composition of at least one purposive sample that could be employed for this purpose.
Post substantive written response to two classmates threads : busi 464- Post a substantive written response to 2 other classmates' threads. Your response must identify specific weakness(es) as well as note the strengths of the post.
Compute the sample mean : Select a simple random sample of 20 data values. Compute the sample mean.- Select another simple random sample of 20 data values, and compute the mean.
What is the cost to taxpayers to purchase the unsold beef : The president of the National Cattleman's Association makes the following semi-extortionary offer to consumers: "Pay us $2.2 million per month forever and we'll lobby our congressmen to abandon the price support program." Should consumers pay the ..
Intermingle and merge the discussion : You are encouraged to intermingle and merge the discussion questions if appropriate. Post a 100 word reaction to the questions and thoughtfully draw on your own insights and experiences while at the same time incorporating what you have learned in..
Whether associated data are primary or secondary : The Sonic Travel Agency has not kept pace with the current boom in family vacation air travel between the agency's northern city and sunny Florida. For each of the following, indicate whether the associated data are primary or secondary.
Formulate specific question that research might answer : A labor union official has considered three possible negotiating stances that the union might take during upcoming contract negotiations.- For this situation, formulate a specific question that research might be able to answer.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Usage of anova-non-parametric tests

Can you think of an example where the analysis of variance (ANOVA) can be used? How is ANOVA being used in the workplace, or how should it be used?

  A formulate suitable hypotheses to test whether the

in 1999 a sample of 200 in-store shoppers showed that 42 paid by debit card. in 2004 a sample of the same size showed

  Compare distribution cutoff-score of sample on distribution

Then explain your answer to someone who has never had a course in statistics (but who is familiar with mean, standard deviation, and Z scores).

  Problem regarding the hurricane insurance

An insurance company needs to assess the risks associated with providing hurricane insurance. Between 1990 and 2006, Florida was hit by 22 tropical storms or hurricanes. If tropical storms and hurricanes are independent and the mean has not change..

  Customers arrive according to a poisson process

Customers arrive according to a Poisson process with rate A outside a bank where there are two automated teller machines (ATM). The two ATMs are not identical. We estimate that 30% of the customers use only ATM no.

  Measure of central tendency

Objective(s) of this Assignment:The assignment is being uploaded to build up the students concepts regarding;1. Measure of central tendency2. Measure of Dispersion

  Determining range and standard deviation of times

Determine the range and standard deviation of the times.

  Procedure square-list takes a list of numbers

The procedure square-list takes a list of numbers as argument and returns a list of the squares of those numbers. (square-list (list 1 2 3 4)) (1 4 9 16) Here are two different definitions of square-list. Complete both of them by filling in the mi..

  Is it necessary to know anything about the shape of the

a random sample of 121 checking accounts at a bank showed an average daily balance of 280. the standard deviation of

  Purpose of the segmentation approach

Motivation. Explain the purpose of the segmentation approach that models these businesses with a history of bankruptcy from the other businesses.

  What is your probability of making a type ii error

Suppose the coin is in fact loaded so that its probability of landing heads is .60. What is the power of this test? (Hint: calculate the probability of rejecting H0 when p = .60.) What is your probability of making a Type II error

  Confidence interval-agriculture

A biologist with the Department of Agriculture is studying the growth of artichokes. She knows that the number of artichokes produced by each plant follows a distribution which is approximately normal.

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