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Suppose that a percentage return for a given year for all stocks listed on the New York Stock Exchange are approximately normally distributed with a mean of 12.4 percent and a standard deviation of 20.6 percent. Consider drawing a random sample of n = 5 stocks from the population of all stocks and calculating the mean return, x bar, of the sampled stocks. Find the mean and the standard deviation of the sampling distribution of x bar, and find an interval containing 95.44 percent of all possible sample mean returns.
In the sample of 400 households, 112 were watching the series. At the 5% significance level, would the series be judged successful on basis of this sample information?
A mean of 54 and a standard deviation of 5; the N(54, 5) distribution. What is the relative frequency of classical CDs with a playing time of X of 59 minutes?
Determine the critical z values. Suppose that normal distribution applies. Right-tailed test; standard deviation = 0.04.
A test consist of 30 multiple choice questions, each with five possible answers, only one of which is correct. find the mean and standard deviation of the number of correct answers.
With a mean of 33 oz. and a standard deviation of 0.7 oz. 95% of packets actually contain more than x oz. of soap powder. What is x?
The intensity and frequency of hurricanes increases by 2% over the historical projections and claims increase proportionately. Evaluate data using the appropriate test for significance. Rationale for using the test is clear.
An election poll reported that a candidate had an approval rating of 48% with a margin of error E of 3%. Construct a confidence interval for the proportion of adults who approve of the candidate.
What is the relationship between the variance and the standard deviation?
What type of error would result in that case? Respond to at least two of your classmate's postings.
A random sample of 225 fathers from Littleton, yielded 97 who did not help with child care. Using a .05 level of significance test the claim that the proportion is at least 34%.
is it appropriate to compute a CI estimate of proportion when the condition to use the normal approximation is 6.8345? What is the 92% CI estimate of proportion?
A metropolitan school system consists of two districts- north and south. the north district contains 60% of all students, and the south district contains 40% of all students.
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