Determine the confidence level for each of the following

Assignment Help Basic Statistics
Reference no: EM13577534

Determine the confidence level for each of the following large-sample one-sided confidence bounds.

a) Upper bound: x + 0.81s/vn
b) Lower bound: x - 1.95s/vn
c) Upper bound: x + 0.58s/vn

Reference no: EM13577534

Questions Cloud

Consider the normal model n0012 0065 for the returns of : in the last quarter of 2007 a group of 64 mutual funds had a mean return of 1.2 with a standard deviation of 6.5.
Harmony audio company manufactures two models of speakers : harmony audio company manufactures two models of speakers dl and xl. based on the following production and sales data
One prominent physician claims that 70 of those with lung : one prominent physician claims that 70 of those with lung cancer are chain smokers. if his assertion is correcta find
Hamilton company uses a periodic inventory system at the : hamilton company uses a periodic inventory system. at the end of the annual accounting period december 31 2012 the
Determine the confidence level for each of the following : determine the confidence level for each of the following large-sample one-sided confidence bounds.a upper bound x
Suppose the probability is 08 that any given person will : suppose the probability is 0.8 that any given person will believe a tale about the transgressions of a famous actress.
Suppose that airplane engines operate independently and : suppose that airplane engines operate independently and fail with probability equal to 0.4. assuming that a plane makes
Define the random variable x associated with this : 40 of unf students are male. suppose you decide to randomly select 15 unf students and observe if they are male or
On january 2 richie valens pauid 24000 for 980 shares of : on january 2 richie valens pauid 24000 for 980 shares of the common stock of acme company. mr. valens recieved an 0.84

Reviews

Write a Review

Basic Statistics Questions & Answers

  Determining utility companies

The speed with which utility companies can resolve problems is very important. GTC, the Georgetown Telephone Company, reports they can resolve customer problems the same day they are reported in 70 percent of the cases.

  What proportion of the class has a midterm grade of less

The grades on a statistics midterm test are normally distributed with a mean of 78 and a standard deviation of 6

  Statistical and management conclusions

Solve manually and then by mega stat. Indicate your decision rule, your hypotheses and your statistical and management conclusions."

  Find probability that children are enrolled in school

Of all 3 to 5 year old children, 56% are enrolled in school. A sample of 500 children age 3 to 5 year old is ramndom selected. Find the probability that at least 250 children are enrolled in school.

  Describe forecasting methods using in real-life

Describe how a domestic fast food chain with plans for expanding into China would be able to use a forecasting model.

  Determine variance of the areas for counties in iowa

At a = 0.01, can it be concluded that the variance of the areas for counties in Indiana is less than the variance of the areas for counties in Iowa?

  Hypothesis testing of random variable

X is a random variable that represents ph of arterial plasma, the mean of the x distribution is 7.4. a random sample of 31 patients with arthritis took the drug for 3 months blood test

  Population proportions of wrist injuries

A plus four 95% confidence interval for the difference between the two population proportions of wrist injuries is: A. 0.2909 ± 0.1674. B. 0.2909 ± 0.1069. C. 0.2909 ± 0.0907. D. 0.2909 ± 0.1275

  The cost of health care is the subject of many

Clothing for Runners: Your company sells exercise clothing and equipment on the internet. To design the clothing, you collect a data on the physical characteristics of you different types of customers

  What is the distribution of mean composite act score

A random sample of 100 entering freshmen is selected. What is the distribution of the mean composite ACT score, for the University?

  Inventory control problem-or method

Solve different inventory control problems using an appropriate OR method.

  Approximate probability of observing a sample mean

Assuming the manufacturer's claim is true, what is the approximate probability of observing a sample mean of 52 months or less?

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