Employees randomly sampled over four weeks

Assignment Help Basic Statistics
Reference no: EM13105778

A company's headquarters is located in downtown Chicago. The company is interested to know the mean driving time of its employees if they require their employees to start working at 6:00 am. Fifty employees are randomly sampled over four weeks and asked to record their driving time. The mean driving time is 35 minutes with a standard deviation is 10 minutes. What is the 98 percent confidence interval for the population mean?

Reference no: EM13105778

Questions Cloud

Deliver a brief overview of the company : Deliver a brief overview of the company as well as why the country you selected may be a potential market. What kind of political as well as legal systems does the country have?
Statistics-population variance-confidence interval : The grades of a sample of 5 students, selected from a large population, are given below. Determine a point estimate for the variance of the population.
Identify a red ocean industry as well as analyze : Identify a red ocean industry as well as analyze it with the 6 paths framework strategy to conceive new market space for a specific company
Multiple choice questions - variation : In a variables control chart, which of the following is likely to occur if two points in succession are farther than two standard deviations from the means?
Employees randomly sampled over four weeks : A company's headquarters is located in downtown Chicago. The company is interested to know the mean driving time of its employees if they require their employees to start working at 6:00 am. Fifty employees are randomly sampled over four weeks and..
Comprise information on labour quality : Comprise information on labour quality, quantity and mobility as well as minorities the labour market, and labour unions.
Comprising the amount of the total cost of the project : A bank is willing to loan you 60% of the residual balance at 5% interest. You have as well been offered a corporate bond that will cover the remaining 40% at 6% interest
Discuss the eight steps in grievance process : Discuss the eight steps in the grievance process. Explain each step in detail and apply the steps to an aviation claim you find from your workplace or one on the internet.
Ninety percent confidence-interval : A local health care company wants to estimate the mean weekly elder day care cost. A sample of 10 facilities shows a mean of $250 per week with a standard deviation of $25. What is the 90 percent confidence interval for the population mean?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Using probability formulas-proportion of employees

Using the probability formulas, find the proportion of employees who either have MBAs or are managers.

  Explaining close decision

At 5 % level of significance, does this sample prove violation of the guideline that average patient muts pay no more than $250 out-of-pocket? Is this a close decision?

  Distribution of scores in sample-identify data skewed or not

A record executive is interested in the popularity of her label's newest band, The Standard Deviations. She asks 10 people how many Standard Deviations songs they know.

  Seasonally adjusted forecast model

Develop a seasonally adjusted forecast model for these sandwich sales data. Forecast demand for each season for 2004 using a linear trend line estimate for sales in 2004. Do the data appear to have a seasonal pattern?

  Is the anova appropriate

Iindicate all samples are approximately Normal with no outliers. Is the ANOVA appropriate?

  Give the value of r and r squared for model

Predict the final average of a student who made an 83 on the first test. Give the value of r and r squared for this model. Interpret the value of r squared in the context of this problem.

  Confidence interval for population mean yearly premium

Based on this sample information, create a 90% confidence interval for population mean yearly premium.

  Test the hypotheses

The sample size n, the sample means, and the sample standard deviations for the two groups are given

  Determine optimal order quantity

Find the optimal order quantity and what is the optimal total ordering cost per year vs. what is that cost with the current policy?

  Chi square test relationship between gender-education

Recently, students in a marketing research class were interested in the driving behavior of students. Specifically, the marketing students were interested if exceeding the speed limit was related to gender.

  P-value and level of significance

For a hypothesis test about a population proportion or mean, if the level of significance is less than the p-value, the null hypothesis is rejected.

  Confidence interval estimate for the proportion

The margin of error for a 95% confidence interval estimate for the proportion of all students with cell phones 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