Find onfidence interval for true mean heart rate of people

Reference no: EM13147464

A drug manufacturer wants to estimate the mean heart rate for patients with a certain heart condition. Because the condition is rare, the manufacturer can only find 14 people with the condition currently untreated. From this small sample, the mean heart rate is 101 beats per minute with a standard deviation of 8.

(a) Find a 99% confidence interval for the true mean heart rate of all people with this untreated condition. Show your calculations.

(b) Interpret this confidence interval and write a sentence that explains it.

Reference no: EM13147464

Questions Cloud

Amount of the impairment loss problem : On the date of purchase, the patent had an estimated useful life of eleven years. It currently has a remaining useful life of four years. The current fair value of the patent is $43,000. Company management estimates that the patent will generate f..

What are the final dimensions of the bar while it is being : 20 pound test fishing line has a diameter of 0.017". A fish pulls with a force of 12 poundswhich does not induce yielding in the line. The elastic modulus of the line is E = 450 ksi.

What mass of ethanol should be dissolved : What mass of ethanol, CH3CH2OH, should be dissolved in 450. g of water to obtain a freezing point of 4.5°C?

Determining weighted-average cost of capital : Calculate Golden Gate Construction Associates' weighted-average cost of capital.

Find onfidence interval for true mean heart rate of people : Find a 99% confidence interval for the true mean heart rate of all people with this untreated condition. Show your calculations.

Lisa, the owner of shoe retaile : On 4 February 2014, Lisa, the owner of shoe retailer, Lisa's Shoes, which had several regional stores throughout Australia, sent the following fax to Mr Brown at Best. We refer to your notice in the 'National Advertiser' and would like to purchase 2,..

What is the boiling point of a solution : What is the boiling point of a solution of 30.20 g of ethylene glycol, HOCH2CH2OH, in 88.40 g of phenol?

Government taking account when creating a tax : Which of the following is an example of a consideration the government takes into account when creating a tax?

Prepare a statement of retained earnings : Landon paid $20,000 in dividends to each of the two stockholders in each of the three years. Prepare a statement of retained earnings for the year ended December 31, 2010.

User Account

All Pages