Give your answer to the nearest integer

Assignment Help Basic Statistics
Reference no: EM13524278

The mean amount xbar for all of the invoices for your company last month is not known. Based on your past experience, you are willing to assume that the standard deviation of invoice amounts is about $220. You take a random sample of 100 invoices.
Give your answer to the nearest integer.
Fill in the blank:
The 68-95-99.7 rule says that the probability is about 0.95 that xbar is within $ _______ of the population mean Mu?

Reference no: EM13524278

Questions Cloud

Find the maximum positive velocity reached by the particle : The position of a particle moving along an x axis is given by x = 17t2 - 6.0t3, where x is in meters and t is in seconds. What is the maximum positive coordinate reached by the particle
Estimate the average speed for the round trip : A car travels up a hill at a constant speed of 65 km/h and returns down the hill at a constant speed of 20 km/h. Calculate the average speed for the round trip
Determine the womans average velocity : The woman walks West for 15 minutes and travels a distance of 0.6 km, she then turns North and walks 0.4 km in 15 minutes. What is the womans average velocity
Provide a recommendation to president that maximizes profit : 1. Provide a recommendation to the president that maximizes profits
Give your answer to the nearest integer : Give your answer to the nearest integer.
What is the distribution of the statistic x : 1.if your data is a random sample of size n from the distribution N(4, 7), then what is the distribution of the statistic X(not Z or T)? Z?T?
What does expected value theory : What does expected value theory tell you that you should do?
What clinical medical condition symptoms can be related : What clinical medical condition symptoms can be related to: confusion, violence, and catatonia?
What is the womans average velocity : A man and a woman start at the same location. The man walks North for 30 minutes and travels a distance of 2.2 km, he then walks West for 20 minutes and travels a distance of 1.8 km. What is the woman's average velocity

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find that the mean of the sample is thirty six hours

We select a random sample of college graduates employed full-time and find that the mean of the sample is 36 hours and that the standard deviation is 5 hours.

  Margin of error for sample of irs tax returns

The Internal Revenue Service plans to examine an SRS of individual federal income tax returns from each state. One variable of interest is the proportion of returns claiming itemized deductions.

  Probability of observing an event

Two airlines fly to Memphis. according to airport data for the past year, wings airlines planes arrived on time 330 times and were late 60 times. Global airlines planes arrived on time 430 times and were late 50 times.

  Information about solving inequality

Information about Solving inequality-X^2-1.01x-83.19

  Explain is there enough evidence to reject the claim

Is there enough evidence to reject the claim that the average cost of a home in both locations is the same? Use α = 0.01. Clearly mark each of the five steps in hypothesis testing.

  Create confidence interval estimate for true mean weight

The sample has a mean weight of 15.3 pounds and a standard deviation of 1.9 pounds. Create a 95% confidence interval estimate for the true mean weight of all packages received by the parcel service.

  Determination of statistical significance

Determination of statistical significance can only be determined by calculating the exact p value and declaring results as significant. True or false?

  Margin of error at confidence level

Suppose among 312 large city residents sampled, 65 refused to cooperate.  What is the margin of error at the 95% confidence level.

  What probability distribution does n1 alone have

What probability distribution does n1 alone have? Specify the values of the sample size index and parameter for that distribution

  Auction results.xlsx

Since we cannot contact the real estate agents to follow up on these errors, for the purpose of this assignment we will ignore them and work with the data set as best we can.

  What is the probability that sales for november will be less

What is the probability that his sales for November will be less than $100,000? Find the mean, variance, and standard deviation of the November sales.

  A group of statistics students decided to conduct a survey

a group of statistics students decided to conduct a survey at their university to find the average mean amount of time

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