Computing the standard deviation of commuting times

Assignment Help Basic Statistics
Reference no: EM131813535

Question: An economist wishes to estimate, to within 2 minutes, the mean time that employed persons spend commuting each day, with 95% confidence. On the assumption that the standard deviation of commuting times is 8 minutes, estimate the minimum size sample required. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131813535

Questions Cloud

Estimate the minimum sample size needed to form a CI : Estimate the minimum sample size needed to form a confidence interval for the proportion of a population that has a particular characteristic.
Review - staff nurses experiences of CPE program : Staff nurses experiences of continuous professional Education program in selected hospital in sultanate of oman
What was the initial estimated total income before tax : Question - Analysis of Percentage-of-Completion Financial Statements. What was the initial estimated total income before tax on this contract
How you could have made your argument stronger : Think about how you could have made your argument stronger, more relatable to your audience, and so on.
Computing the standard deviation of commuting times : An economist wishes to estimate, to within 2 minutes, the mean time that employed persons spend commuting each day, with 95% confidence.
Discuss relevant range and high-low method : The following selected data relate to the major cost categories experienced by Sterling Company at varying levels of operating volumes
Prepare a multiple-step income statement : Depreciation on plant assets (70% selling, 30% administrative) 65,000. Prepare a multiple-step income statement. Which format do you prefer? Discuss
How you believe business and technical writing differs : How you believe business and technical writing differs from academic writing. Polish and proofread carefully to produce a clean final document.
Difference in the effective interest rates of two accounts : Calculate the difference in the effective interest rates of the two accounts.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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