Considering an extreme value for a sample

Assignment Help Basic Statistics
Reference no: EM1399677

A sample of n=20 has a mean of M = 40. If the standard deviation is s=5, would a score of X= 55 be considered an extreme value? Why or why not?

Reference no: EM1399677

Questions Cloud

Explain eliminating the middleman : Presume that you have a local furniture store in your area that trades direct to the customer, thus eliminating the middleman. Presume that the store doesn't manufacture the furniture
Confidence interval for difference in proportion of patience : suppose the prelliminary results were as follows group 1 n=310,p=32 and group 2 n=309,p=20 construct a 95% confidence interval for the difference in proportions of patients with new hair growth for the two groups using the given data.
Explain alan files a suit alongside biggcorp : Alan files a suit alongside BiggCorp in a California superior court which has general jurisdiction
What are few criteria that rollerblade should use : what are few criteria that Rollerblade should use to select countries to enter and (b) what three or four countries come across these criteria best and are the most likely candidates?
Considering an extreme value for a sample : A sample of n=20 has a mean of M = 40. If the standard deviation is s=5, would a score of X= 55 be considered an extreme value? Why or why not?
Pros and cons of united airlines outsourcing strategy : As the industry watches to see how United Airlines' strategy performs against American Airlines' strategy, management at United Airlines is anxiously monitoring market signs to determine its next competitive move.
Describe how you will visually represent the comparison : Describe how you will visually represent the comparison of the total annual sales at the individual stores for each of the three years
Discuss risks of doing business in different regions : At the conclusion of Baidu's final strategic planning session, Robin Li (Cofounder, Chairman, and CEO) assigned you to prepare a written report and announcement that would be presented to the company's shareholders and included in a public statement.
What are few of the operations management practices : What are few of the operations management practices that can help bring manufacturing back to the U.S? How can an emphasis on quality improve manufacturing?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Continuous random variable uniformly distribution

Compute the pdf of continuous random variable Z where Z = X + Y and X is a continuous random variable uniformly distributed on [0, 2] and Y is a continuous random variable uniformly distributed on [0, 4]. Assume that X and Y are independent.

  Population of random variable

Suppose that a population is normally distributed with a mean of 100 and a standard deviation of 15. Would it be unusual for the mean of a sample of 3 to be 115 or more?

  Population proportion of mice

In a sample of 55 mice, a biologist found that 42% were able to run a maze in 30 second or less. Find the 90% limit for the population proportion of mice who can run a maze in 30 second or less.

  What percent of steers weigh

Find probability using normal distribution.Using N (1152, 84), the Normal model for weight of Angus steers, what percent of steers weigh.

  Evaluating multiple regression model

Evaluate the multiple regression model between quantity sold (Y) and following explanatory variables: average price of deep-dish pizzas, monthly advertising expenditures, and disposable income per household in areas surrounding outlets.

  Problem of statistics probability

From past experience, an automobile insurance company knows that a given automobile will suffer a total loss with probability .02, a 50% loss with probability .08, or a 25% loss with probability .15 during a year.

  Example of a null and alternative hypotheses

What would be a good example of a null and alternative hypotheses for a decision relevant in life? What Type I and Type II errors could occur with your decision-making process?

  Binomial approximation to normal finding the normal model

Utlizing binomial approximation to normal finding the normal model. A grower claims that only 13 percent of the strawberries he grows are unsatisfactory.

  Point out the appropriate measure, incidence rate

For each of the following situations, indicate the appropriate measure, incidence rate or prevalence rate and the numerical value of the rate.

  Useful life of an electrical component

The useful life of an electrical component is exponentially distributed with a mean of 2500 hours. a. What is the probability the circuit will last more than 3,000 hours.

  Number of degrees of freedom

The number of degrees of freedom corresponding to between treatments is:

  Estimating the population parameter and statistic

The probability of obtaining a random sample mean, which is lower than the population mean, is:

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