What are the lower and upper bounds of confidence interval

Assignment Help Accounting Basics

Reference no: EM131880942

Questions: 1. If the average of a sample size of 250 measures is $4 million and the standard deviation of the sample is $900000 what are the lower and upper bounds of the 95% confidence interval?

2. What is the probability that zero or less would occur in that population?

3. What is the probability that the return will be greater than $8 million?

4. What is the probability that the population mean would be greater than $8 million?

Reference no: EM131880942

Questions Cloud

Determine what percent of suppliers have lead times : As you would expect, there are always some suppliers that do not meet this goal. Determine what percent of suppliers have lead times between 115 and 140 days.

Importance of awareness of value propositions : What is the importance of awareness of value propositions? Give two industry examples.

Return on each stock-what is the return on portfolio : What is the return on each stock? The return on market is 14.8 percent and there are no unsystematic surprises in returns. What is return on portfolio?

What is the economic order quantity : When ordered, the setup cost to produce an order is $600, and the production process is able to produce 500 per week and deliver them weekly as produced.

What are the lower and upper bounds of confidence interval : If the average of a sample size of 250 measures is $4 million and the standard deviation of the sample is $900000 what are the lower and upper bounds.

Explain different types of contingent liabilities : When should a business expense employee vacation compensation? How do we account for each of the 3 different types of contingent liabilities?

Display the contents of the players array : Programming Assignment. Display the contents of the player's array, regardless of whether the template has been updated.

Current profit margin and pro forma profit margin : By what percentage did your net income change? What are your current profit margin and your pro forma profit margin?

What is the journal entry and adjusting journal entry : April 21st, your customers bought 15,000 units of your product for $115 per unit (you decide what your company sells).

User Account

All Pages