The sample mean

Assignment Help Applied Statistics
Reference no: EM13677085

Allen is an appliance salesman who works on commission. A random sample of 39 days showed that the sample standard deviation value of sales was s=$215.00. How many more days should be included in the sample to be 95% sure that the population mean is within $50.00 of the sample mean?

Reference no: EM13677085

Questions Cloud

How many of the data values will fall within the range : How many of the data values will fall within the range
Hematologic data for patients with aplastic anemia : Hematologic data for patients with aplastic anemia
Pick a lottery game : Pick a lottery game
A furniture cabinet maker produces two types of cabinets : A furniture cabinet maker produces two types of cabinets that house and hide plasma televisions.
The sample mean : The population mean is within $50.00 of the sample mean?
Find the number of people : Find the number of people who will score between 458 and 556.
A data set is normally distributed with mean : Assume a data set is normally distributed with mean 160 and standard deviation 25. If the data set contains 300 data values, approximately how many of the data values will fall within the range 110 to 210?
The average selling price of homes in a certain city : The average selling price of homes in a certain city is $372,200. Assume the variable is normally distributed with a standard deviation of $37,200. If 437 homes are for sale, how many homes will sell for more than $349,880?
Find the probability that a randomly selected : Find the probability that a randomly selected employee earns less than $7.53

Reviews

Write a Review

Applied Statistics Questions & Answers

  What percentage of current customers would be eligible

What percentage of current customers would be eligible for the discount?

  It lsquos has been claimed that if you drop a standard

it lsquos has been claimed that if you drop a standard thumbtack from a height of 3 feet or more onto a flat hard

  Calculate the variance-covariance matrix

Calculate the variance-covariance matrix of the OLS estimator of β1.β2 and β3 and verify that:

  Prepare a line graph comparing the linear trend predictions

Prepare a line graph comparing the linear trend predictions against the original data and what are the forecasts for each of the first six months in 2011 using this technique?

  Build a regression model

Build a regression model

  Important for a security professional

Why is it important for a security professional to know specifics about the particular target environment to which they are assigned? How can experienced security professionals prepare themselves for challenges and opportunities they have never encou..

  Calculate the correlation coefficient

Calculate the correlation coefficient

  Find the probability that exactly 15 babies are female

Find the probability that - exactly two of the workers have been exposed to asbestos - Find the probability that exactly 15 babies are female.

  University number of students

University Number of Students

  What is the unregulated competitive equilibrium

What is the unregulated competitive equilibrium and what is the social optimum specific tax (per unit of output of gunk) results in the social optimum

  Product structure tree for the coffee table

Construct the product structure tree for the coffee table and all of the items required to construct the table - complete the MRP for the coffee table and all of the items required to construct the table.

  Perform a hypothesis testing

The company wants to perform a hypothesis testing. Which of the following are the right hypotheses and what is the α-risk associated with the x' chart?

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