How many nickels does coin counter manufacturer need weigh

Assignment Help Basic Statistics
Reference no: EM13135662

A previous study of nickels showed that the standard deviation of the weight of nickels is 150 milligrams. How many nickels does a coin counter manufacturer need to weigh so that she can be 98% confident that her sample mean is within 25 milligrams of the true average weight of a nickel?

Reference no: EM13135662

Questions Cloud

Why does the combined total of individual account torelable : why does the combined total of individual account torelable misstatement commonly exceed the estimate of planning materiality. why might certain trial balance amounts be projected when considering planning materiality
Expatriates spouses face difficulties : The inability of the spouse to adjust to the new environment is cited as the most likely reason for expatriate failure. Can you provide me with a couple suggestions for what companies could do to reduce this problem?
What is the annual net income : The equipment will have an initial cost of $400,000 and have a 5 year life. If the salvage value of the equipment is estimated to be $75,000, what is the annual net income?
Prepare a report related to business communications : Prepare a report - The report should be related to Business communications.
How many nickels does coin counter manufacturer need weigh : How many nickels does a coin counter manufacturer need to weigh so that she can be 98% confident that her sample mean is within 25 milligrams.
What is a variable interest entity : What is a variable interest entity? Explain the difference between the voting interest model and the risk and reward model?
Culturally contingent leadership behaviours-attributes : What are the culturally contingent leadership behaviors and attributes? What are the positive leadership behaviors and traits that are universally accepted that facilitate leadership effectiveness?
What is the accrued interest : Maggie Sharrer Company borrows $88,500 on Sept. 1, 2008, from Sandwich State Bank by signing an $88,500, 12%, one-year note. What is the accrued interest at Dec. 31, 2008?
What amount of cash should rolla company have had on hand : Rolla Company was founded in 2010. It acquired $30,000 cash by issuing stock to investors and an additional $20,000 cash by borrowing from creditors. During 2010 it received $15,000 cash revenues and paid $22,000 in cash expenses.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Determine the population study

A quality-control manager randomly selects 70 bottles of ketchup that were filled on S1 to assess the calibration of the filing machine. Determine the population study?

  Control limits for mean and range

Determine the control limits for the mean and the range. Plot the control limits for the mean outside diameter and the range.

  Decision-maximizing expected value

The concessions manager at the Clemson vs. USC football game must decide whether to have the vendors sell sun visors or umbrellas. There is a 30% chance of rain

  Confidence interval to estimate the true average difference

The 90% confidence interval to estimate the true average difference in nationwide sales quantity before the ad campaign and after is (0.39, 16.64). Which of the following is the appropriate conclusion? The differences were calculated as (after ad ..

  Determine whether a normal distribution be used

Determine whether a normal distribution or a t-distribution should be used or whether neither of these can be used to construct a confidence interval.

  Probability of error in the transmission of a binary digit

The probability of error in the transmission of a binary digit over a communication [2] channel is 1=103. Write an expression for the exact probability of more than 3 errors when transmitting a block of 103 bits. What is its approximate value? Ass..

  Critical value-car dealerships in a particular area

Using the .01 significance level you will test to conclude if the analyst finds evidence that the boast of dealership A is correct. What will be your critical value?

  Determining probability that computer will fail

Determine the probability that computer will fail within 12 months?

  Compute the test statistic value of tukey''s criterion

In a one-way ANOVA analysis of 3 treatments, with the total number of 9 observations, with an equal number of observations in each treatment, mean-square-error (MSE) was found to be 24.905.

  Determining corresponding p-value

The test statistic for a two-sided significance test for a population mean is  z = -2.12. What is the corresponding  P -value?

  Evalutating confidence intervals

The Statistical Abstract of the United States reports that the mean daily number of shares traded on the NYSE in 2002 was 1441 million.

  Determining hypothesis testing of mean-p-value method

Auntie Pam's Home Made Wild Grape Jelly has been a great hit through online sales. She has recently expanded her small factory and acquired a new filler machine to accommodate the increased demand, especially for the 12 ounce jar, which is the mos..

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