Estimate the mean weight of cream filling

Assignment Help Finance Basics
Reference no: EM131332727

A manufacturer of cream filled donuts wants to make sure that its automatic filling process is on target. Based on a sample of 25 donuts the mean weight of cream filling is estimated to be 15 grams with a standard deviation of 1.5 grams. However, the quality control inspectors wish to estimate the mean weight of cream filling more accurately so that they can be 99% confident that it is within 0.25 grams of the true mean. How many donuts should they sample?

A. 543

B. 410

C. 212

D. 239

Reference no: EM131332727

Questions Cloud

What was the candidate score : The testing service reported to a particular employer that one of its job candidate's scores fell at the 90th percentile of the distribution (i.e., approximately 90% of the scores were lower than the candidate's, and only 10%were higher). What was..
What were the objectives of this toxicity testing : In addition, answer the following questions: What were the endpoints of this toxicity testing? What were the objectives of this toxicity testing? How does the information apply to what you are learning in the course
Confidence interval for the proportion : Construct a 90% confidence interval for the proportion, p, of adults aged 18 or older who believe there is too little spending on national defense. Select the correct choice below and fill in any answer boxes within your choice.
Construct a belief space in the described situation : Construct a belief space in which the described situation is represented by a state of the world and indicate that state.
Estimate the mean weight of cream filling : However, the quality control inspectors wish to estimate the mean weight of cream filling more accurately so that they can be 99% confident that it is within 0.25 grams of the true mean. How many donuts should they sample?
Analyze the political social and economic factors : Select two countries, one developed and one emerging, where you would like to invest. Analyze the political, social, and economic factors. Use current research and statistics from reputable sources.
Describe the economic impact of the law : Summarize the major provisions of the law that you chose. Describe the economic impact of the law. Provide specific economic data from credible references. Has the law improved the environment or situation? Provide specific data from credible referen..
Confidence interval for the population proportion : In a survey of 2695 adults, 1479 say they have started paying bills online in the last year. Construct a 99% confidence interval for the population proportion. Interpret the results.
Calculate the total cost per unit for each type of hot tub : Calculate the total cost per unit for each type of hot tub. Calculate the profit per unit for each type of hot tub. Calculate the profit mark up for each type of hot tub. Calculate the profit margin for each type of hot tub.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the relationship between a bonds market price and

what is the relationship between a bonds market price and its promised yield to maturity?

  What interest rate are you being charged

You borrow $285,000; the annual loan payments are $38,022.04 for 30 years. What interest rate are you being charged? Round your answer to two decimal places.

  What is the price of this treasury bill

The U.S. Treasury bill is currently selling at a discount basis of 4.25%. The par value of the bill is $100,000, and will mature in ninety days. What is the price of this Treasury bill?

  What is the best estimate of the nominal interest rate

what is the best estimate of the nominal interest rate on new bonds? Round your answer to two decimal places.

  Rose corporation''s (rc) ebit

Assume that Rose Corporation's (RC) EBIT is not expected to grow in the future and that all earnings are paid out as dividends. RC is currently an all-­-equity firm. It expects to generate earnings before interest and taxes (EBIT) of $6 million over ..

  He estimates his gross pay eah year for the next 3 years

joseph has just accepted a job as a stockbroker. he estimates his gross pay eah year for the next 3 years is 35.00 in

  Dangers of early retirement plan distributions

Discussion regarding the dangers of early retirement plan distributions. You should use multiple sources beyond the article for the review whether it agrees or disagrees with the article as part of your analysis.

  Your firm has debt worth 200000 with a yield of 10 percent

your firm has debt worth 200000 with a yield of 10 percent and equity worth 400000. it is growing at a seven percent

  Computation of present value

(Computation of Present Value) Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods.

  Prepare a two-page paper on financing ventures in the

prepare a two-page paper on financing ventures in the fashion industry. format the paper in the apa style. include the

  Charges of age discrimination

What types of policies might lead to charges of age discrimination, and how can they be changed to eliminate these problems?

  Lbt5 inc is a company that sells equipment that is used in

lbt5 inc is a company that sells equipment that is used in the production of wind turbines. the firm has 20 debt in the

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