What is the reliability factor

Assignment Help Microeconomics

Reference no: EM13906228

A bus driver records the time (in minutes) it takes to commute to school for 6 days. These results are: 25, 22, 17, 20, 15, 10. Assuming the population is normally distributed, develop a 90% confidence interval for the population mean. What is the reliability factor?

Reference no: EM13906228

Questions Cloud

What is the days sales in inventory ratio for the year : A company has sales of $5,537,000, a gross profit ratio of 35%, ending merchandise inventory of $261,425, and total current assets of $3,039,600. What is the days sales' in inventory ratio for the year?

Compute the payback period for each of these two separate : Compute the payback period for each of these two separate investments (round the payback period to two decimals):

Explain how the accounting equation is impacted : Adjusting Entries are required at the end of the period to ensure that accrual accounting principles are applied. The rent is prepaid for three months at $1,200 per month. explain how the Accounting Equation is impacted.

Find working at netflix exciting or frightening? : find working at Netflix exciting or frightening?

What is the reliability factor : A bus driver records the time (in minutes) it takes to commute to school for 6 days. These results are: 25, 22, 17, 20, 15, 10. Assuming the population is normally distributed, develop a 90% confidence interval for the population mean. What is the r..

What are bonds and how are they used by companies : Create an example the shows how to compute depreciation using the: What are bonds? How are they used by companies?

Companys times interest earned ratio equals : A company had fixed interest expense of $8,700, its income before interest expense and any income taxes is $19,800, and its net income is $10,200. The company's times interest earned ratio equals:

What are the key growth issues for an entrepreneur : Why is growth important for new businesses and what are the key growth issues for an entrepreneur? The textbook “PEM” itemizes five stages of the Entrepreneurial Process. Please note that the sequence matters and that the specific activities associat..

Record the payment of note assuming no reversing entry : On November 1, Carter Company signed a 120-day, 10% note payable, with a face value of $15,000. Carter made the appropriate year-end accrual. What is the journal entry as of March 1 to record the payment of the note assuming no reversing entry was ma..

User Account

All Pages