Find the minimum required sample size of accounts

Assignment Help Basic Statistics
Reference no: EM131373613

Find the minimum required sample size of accounts of the Bechtel Corporation if the proportion of accounts in error is to be estimated to within 0.02 with 95% confidence. A rough guess of the proportion of accounts in error is 0.10.

Reference no: EM131373613

Questions Cloud

What are the characteristics of people in india : Compare white collar crime in the United States to white collar crime in India: what are the characteristics of people in India who commit white collar crime (e.g.: age, occupation or profession, lifestyle).
Confidence interval for average net worth of us millionaires : Assuming that the surveyed subjects are a random sample of U.S. millionaires, give a 99% confidence interval for the average net worth of U.S. millionaires.
Impact on the performance of the employees : Find out any five of the work ethics (preferably recently introduced ones) the manager thinks have had or will have positive effects/impact on the performance of the employees.
Construct a confidence interval for the average daily loss : Construct a 95% confidence interval for the average daily loss in this period. What decision should the potential partner make?
Find the minimum required sample size of accounts : Find the minimum required sample size of accounts of the Bechtel Corporation if the proportion of accounts in error is to be estimated to within 0.02 with 95% confidence. A rough guess of the proportion of accounts in error is 0.10.
Find the minimum required sample size : Find the minimum required sample size for estimating the average number of designer shirts sold per day to within 10 units with 90% confidence if the standard deviation of the number of shirts sold per day is about 50.
Find the minimum required sample size : A company believes its market share is about 14%. Find the minimum required sample size for estimating the actual market share to within 5% with 90% confidence.
Find the minimum required sample size : Find the minimum required sample size for estimating the average return on real estate investments to within 0.5% per year with 95% confidence
What is the minimum required sample size : From previous surveys it is known that the variance of executive salaries is about 40,000,000. What is the minimum required sample size?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability mean daily revenue next thirty days will exceed

The daily revenue totals for the next 30 days will be monitored. What is the probability what the mean daily revenue for the next 30 days will exceed $7500?

  What coefficient of correlation between square footage price

What proportion of the variation in listing price is determined by variation in the square footage? What proportion of the variation in listing price is due to other factors?

  The us bureau of labor statistics releases figures on the

the u.s. bureau of labor statistics releases figures on the number of full-time wage and salary workers with flexible

  Compute the range and interquartile range

Compute the range and interquartile range

  A previous study found a standard deviation of four hours

a medical devices company wants to know the number of hours their mri machines are used per day. a previous study found

  Adequate for the accuracy requirements

Is the sample size adequate for the accuracy requirements?

  Determining the difference in sales

John and Mario of Mi Casa Front Porch Restaurant wanted to identify if there was a difference in sales between their newest locations, North Scottsdale and Glendale since they spend most of their time at the original location.

  Probability calculation by using normal distribution

Suppose that the number of calories in McDonald's Egg McMuffin is normally distributed random variable with mean of 290 calories and standard deviation of 14 calories.

  Defining the lower and upper limits of interval

What proportion of time will it take clean-up crew 56 or more hours for cleaning plant? Define the lower and upper limits of interval.

  Multiple choice question based on multiple regressionthe

multiple choice question based on multiple regression.the following estimated regression model was developed relating

  The following data summarizes the historical demand for a

the following data summarizes the historical demand for a productmonthnbspnbspnbspnbsp actual

  Determine the p-value and interpret its meaning

Is there evidence that the population mean amount is different from 8.17 ounces? (Use a 0.05 level of significance) Determine the p-value and interpret its meaning.

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