Point estimate and confidence interval estimate

Assignment Help Basic Statistics
Reference no: EM1321333

People's handshakes seem to be related to other aspects of their personalities (Chaplin, Phillips, Brown, Clanton, & Stein, 2000). For example, a firm handshake is negatively related to shyness. To measure the magnitude of this effect, a researcher obtained a sample of n =12 people who were rated as having firm handshakes and n = 8 who were rated as having weak handshakes. Both groups had 50% males and 50% females. Each individual was given a personality test measuring shyness. The average score for the firm handshake group was M = 43 with SS = 1170 and the average for the weak handshake group was M = 61 with SS = 990. Use the sample data to estimate how much difference there is in shyness between people with firm handshakes and people with weak handshakes. Make a point estimate and a 95% confidence interval estimate.

Reference no: EM1321333

Questions Cloud

Interval estimate the population means score : Make an interval estimate the population means score for the daycare children so that you are 95% confident that the true mean is in your interval.
Methods resulted in few or no hits : Elucidate which methods resulted in the most hits. Elucidate which methods resulted in few or no hits.
Opportunities and threats marketing environmental factors : Please identify the opportunities and threats related to each of the following marketing environmental factors: Social Environment , Demographic Environment, Economic Environment
Complete the columns for to conclude the profit maximizing : Complete the columns for to conclude the profit maximizing output for this firm. Draw the relevant graph to show the profit maximizing output.
Point estimate and confidence interval estimate : Make a point estimate and a 95% confidence interval estimate.
Making short-term pricing decision : What additional costs must be taken into account when making a short-term pricing decision where surplus capacity is not available, and overtime, additional shifts, or other means must be used to expand capacity?
Subsequent statements is correct regarding the equilibrium : Elucidate which of the subsequent statements is correct regarding the equilibrium cost also quantity of X.
Test the instructor claim at a 5% level of significance : Test the instructor claim at a 5% level of significance
Estimate the minimum price the owner : Using a tax rate of 34 percent, estimate the minimum price the owner of the division should consider for its sale. What is the maximum price the acquirer should be willing to pay?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Explaining binomial model

Researcher asked group of 30 students - 12 of them supported change, 13 of them didn't, and 5 had no opinion. This is not binomial model as?

  Probability depends on poisson distribution

What is the probability that at most five cases of E. coli per 100,000 are reported in California this year?

  Explaining hypotheses and decision rule

At 5% level of significance, does this sample prove violation of guideline that average patient must pay no more than $250 out-of-pocket? Write your hypotheses and decision rule.

  Calculate the mean and variance of the sample data

The times needed to fall asleep are assumed to follow a normal distribution. The results for the two nights for the ten volunteers are shown below:

  Determining expected dividend per share

Dividend is expected to grow 7% a year for next 3 years and then at 5% a year after that. Determine the expected dividend per share for each of the next five years?

  Developing a linear regression model using the given data

Develop a linear regression model for these data and forecast carpet sales if 30 construction permits for new homes are filed.

  Determine the standard deviation

What is the possibility that for a arbitrarily selected customer the service time could exceed 3 minutes?

  Probability-binomial distribution

Find the probability that the number of who consider themselves basketball fans is :

  Why the method for z used in the following questions

The diameters of oranges in a certain orchard are normally distributed with a mean of 5.26 inches and a standard deviation of 0.50 inches.

  Effective time duration of a safe dosage

Researchers at a pharmaceutical company have found that the effective time duration of a safe dosage of a pain relief drug is normally distributed with mean 2 hours and standard deviation 0.3 hour.

  Finding coefficient of correlation between variables

Find out coefficient of correlation between variables. Interpret the value.

  Developing a hypothetical table of data using a grid

Develop a hypothetical table of data using a grid of 3 rows and four columns.

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