Confidence interval for population-mean

Assignment Help Basic Statistics
Reference no: EM13103227

A random sample of 180 full-grown lobsters had a mean weight of 16 ounces and a standard deviation of 3.0 ounces. Construct a 98 percent confidence interval for the population mean.

Reference no: EM13103227

Questions Cloud

Describe how gazettier fluenced methods in human geography : In short explain the following traditions in human geography and describe how they have influenced the methods in human geography.
Probability-pedestrian deaths and intoxication : if one of the pedestrians death is randomly selected what is the probability that it involves an intoxicated pedestrian and an intoxicated driver?
Explain what is ikea''s strategy toward its suppliers : Explain what is IKEA's strategy toward its suppliers? How important is this strategy to IKEA's success?
Express mechanisms that are available to manage relation : Express the mechanisms that are available to manage relationships with stakeholders and to influence the strategic direction and performance of the company.
Confidence interval for population-mean : A random sample of 180 full-grown lobsters had a mean weight of 16 ounces and a standard deviation of 3.0 ounces. Construct a 98 percent confidence interval for the population mean.
Explain top-level management position : After graduation you aren't likely to move directly to a top-level management position. In effect few members of your class will ever reach the top-management level
Explain how your perspective of business has changed : Explain how your perspective of business has changed as a result of the knowledge gained from this course. As Bill Gates once said: My success, part of it certainly.
How bolsheviks achieve power in october by coup : Did Bolsheviks achieve power in October by coup, without much popular support, or were they swept into power by social and economic concerns of the masses.
Additional marketing budget depending on current performance : For a line extension PharmaSim automatically adds capacity 20 million units as well as additional marketing budget depending upon your current performance

Reviews

Write a Review

Basic Statistics Questions & Answers

  Hypotheses test for incentive plan

You calculate the difference in income as (after incentive plan - before incentive plan). You want to test whether income after the incentive plan is different from income before the incentive plan. What are the hypotheses for this test?

  Bayes theorem concept

What is the probability that he completed the assignments?

  One proportion testing and confidence interval

Find a 99% confidence interval estimate of the proportion of people who say that they voted.

  Regression and automated testing plan

Please prepare a Regression and Automated Testing Plan for a Course Project. A business letter to the Jonesville Library introducing the contents of the document

  Tandard deviation of light bulb lifetime

The lifetimes of light bulbs of a particular type are normally distributed with a mean of 370 hours and a standard deviation of 5 hours. What percentage of bulbs has lifetimes that lie within 1 standard deviation of the mean on either side?

  Value of percentile-given mean and third quartile

Scores on a test have a mean of 73 and Q3 is 81. The scores have a distribution that is approximately normal. Find P90.

  Determining npv and probability

A four-year financial project is forecast to have net cash inflows of $20,000; $25,000; $30,000; and $50,000 in the next four years. It will cost $75,000 to implement the project

  Intercept of slope

Assume that another counselor decided to extend the aforementioned study by collecting data on 14 children. His study yielded the following results:

  Schedule of expected cash collection

Farley purchases and pays for merchandise 60% in the month of acquisition and 40% in the following month. Accounts payable is used only for inventory acquisitions. How much cash will Farley receive during November?

  Illustrate a quantitative assessment of what our charts

Illustrate a quantitative assessment of what our charts would look like and what these new targets would do to our operations.

  Confidence interval for the proportion of checking account

Construct the 90 percent confidence interval for the proportion of checking account customers who have a Visa card with the bank. (Round your answers to 3 decimal places.)

  Population mean for the particular samples

For a population with a mean of (u)=50 and a standard deviation of (o)=10, how much error on average would you expect between the sample mean (M) and the population mean for the following samples

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