What is different about given two examples

Assignment Help Basic Statistics
Reference no: EM131416440

The Central Limit Theorem does not specify what is meant by "a sufficiently large sample." What factor(s) about the population of values do you think determine how large is large enough for the approximate normal shape to hold?

Consider the California Decco example. Do you think n = 30 would be large enough for the distribution of possible values for the average loss to be approximately normal? Why or why not? Now consider the handspan measurements of females.

Do you think n = 30 would be large enough for the approximate normal shape to hold? What is different about these two examples?

Reference no: EM131416440

Questions Cloud

What is the maximum possible subscription price : Show how a shareholder with 1,000 shares before the offering and no desire (or money) to buy additional shares is not harmed by the rights offer.
Define testwiseness and describe test-taking behaviors : PSYC502:Identify the contributions made by each of the following individuals to psychological and educational assessment: Alfred Binet, J. McKeen Cattell, Francis Galton, Hermann Rorschach, Charles Spearman, Lewis Terman, Edward Thorndike, Robert ..
Explore the identified changes to the supplier in such a way : Explain the identified changes to the suppliers in such a way that they will understand the standards that Apple requires in order to maintain their relationship with the company.
Metric conversion application : (Metric Conversion Application ) Write an application that will assist the user with metric conversions. Your application should allow the user to specify the names of the units as strings(i.e., centimeters, liters, grams, and so on, for the metri..
What is different about given two examples : Do you think n = 30 would be large enough for the approximate normal shape to hold? What is different about these two examples?
What is the new market value of the company : Rights Offerings Again, Inc., is proposing a rights offering. Presently, there are 450,000 shares outstanding at $90 each. There will be 80,000 new shares offered at $84 each.
What is your prediction for the price of picc tomorrow : Assume that you know nothing about PICC other than the information contained in the prospectus. Based on your knowledge of finance, what is your prediction for the price of PICC tomorrow? Provide a short explanation of why you think this will occu..
Wired and wireless frame typology : When you took NETI 105, you explored the "make-up" of various "wired" frame structures. Using a table format, show the similarities and differences of 802.11 frames and 802.3 frames.
Which is anecdotally a common strategy : Suppose that in such a game, someone bets numbers corresponding to the days of the month on which five family members were born, which is anecdotally a common strategy.

Reviews

Write a Review

Basic Statistics Questions & Answers

  What is the probability that the shipment will be rejected

The quality control inspector has been instructed to reject the shipment if, in a simple random sample of 40, 15% or more are defective. What is the probability that the shipment will be rejected?

  Which of the types of auction would you recommend

If an auction house is selling products to risk neutral buyers, which of the types of auction would you recommend? If you are a potential buyer, what might your strategy be? Support your answers using economic analysis learned in this course.

  What is the maximum allowable value of that will permit no

the width of a slot of a duralumin forging is in inches normally distributed with micro 0.9000 and ? 0.0030. the

  Writing formal commentary of results of test

Based on this sample, is Moe correct in his assertion? Write up formal commentary of results of your test.

  Explain which one is a special case of the other

Samples can be chosen using a probability sampling plan and they can be chosen by selecting a simple random sample. One of these methods is a special case of the other. Explain which one is a special case of the other.

  Normal probability-emloyee dental insurance

Shaver Manufacturing, Inc., offers dental insurance to its employees. A recent study by the human resource director shows the annual cost per employee per year followed the normal probability distribution

  Article summary on statistical analysis

Research the topic of Job Satisfaction and provide a 1 page write-up of the research highlighting where statistical analysis is being used and why it's used.

  Confidence interval for widget width using data

A student was asked to find a 90% confidence interval for widget width using data from a random sample of size n = 27. Which of the following is a correct interpretation of the interval 10.2

  A new fuel injection system is experiencing failures the

a new fuel injection system is experiencing failures. the reliability function isrt t 1-32 tgt0t is in years. the

  An average one unit different from the low cost tapes

We are planning an experiment on the quality of video tape and have purchased 24 tapes, four tapes from each of six types. The six types of tape were 1) brand A high cost, 2) brand A low cost, 3) brand B high cost, 4) brand B low cost, 5) brand C ..

  Compute the probability that the second red ball

A bowl contains two red and eight yellow balls. Balls are drawn at random, one at a time, without replacement. Compute the probability that the second red ball is the fourth ball drawn.

  Before burning out a light bulb gives x hours of light

1. the daily demand for milk in gallons at gillis grocery is n1000 100. how many gallons must be in stock at the

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