User Account

All Pages

What maximum likely error in point estimate population mean

Assignment Help Mathematics
Reference no: EM13899125

Please see attached excel sheet. Also below is the link to the free book for reference. (I would start there!) The question is on Page #308. Thanks.

https://www.xn--klker-kva.hu/wp-content/uploads/2013/03/Introduction-to-Business-Statistics-7th-Edition-2008.pdf

1. Item C in the description of the data collection instrument lists variables 7, 8, and 9, which represent the respondent's general attitude  toward each of the three shopping areas. Each of these variables has numerically equal distances between the possible responses, and for purposes of analysis they may be considered to be of the interval scale of measurement.

a. Determine the point estimate, then construct the 95% con?dence interval for µ7 = the average attitude toward Springdale Mall. What is the maximum likely error in the point estimate of the population mean?

b. Repeat part (a) for µ8 and µ9, the average attitudes toward Downtown and West Mall, respectively.

2. Given the breakdown of responses for variable 26 (sex of respondent), determine the point estimate, then construct the 95% con?dence interval for π26 = the population proportion of males. What is the maximum likely error in the point estimate of the population proportion?

3. Given the breakdown of responses for variable 28 (marital status of respondent), determine the point estimate, then construct the 95% con?dence interval for π28 = the population proportion in the "single or other" category. What is the maximum likely error in the point estimate of the population proportion?

Attachment:- data.xlsx

Reference no: EM13899125

Questions Cloud

Compare an expert system-knowledge management system : What are the business benefits of using intelligent techniques for knowledge management? Define and compare an expert system, knowledge management system, and decision support system and explain how each can provide value to your organization.
Restructure compensation of sales force to enhance profit : You are a manager of a Door to Door Vacuum Cleaners, Inc. Each salesperson is paid a base salary plus a percentage of revenue she or he generates. In addition, each salesperson drives his or her car to and from each sales call and is reimbursed $.40 ..
Charted outline of the biblical books : What would a charted outline of the biblical books look like in small, cartoonlike drawings that take the place of the verbal description?
Construct a sample bill of material and route sheet : Construct a sample bill of material. Construct a sample route sheet. Construct a sample engineering change notice (ECN) for the brakes (Note that this will require a new part number to be broken in on a specific date.
What maximum likely error in point estimate population mean : Determine the point estimate, then construct the 95% con?dence interval for µ7 = the average attitude toward Springdale Mall. What is the maximum likely error in the point estimate of the population mean?
Evaluating the installation of portable toilets : FestEvents is a concert organizer that is evaluating the installation of portable toilets at an outdoor venue where a concert is going to take place. In particular, it is considering an area of the venue that is far away from the existing restrooms. ..
How influences the contingency budget for mitigating risks : how influences the contingency budget for mitigating risks
Important theologian of the early church : Augustine is the most important theologian of the early Church. What was his conflict with Pelagius? How did this conflict impact the development of Christian theology?
What is the western beauty myth : How are Asian people presented as the model minority on reality tv related to the idea of the American Dream? What is Hegemony? What is the western beauty myth

Reviews

Write a Review

Mathematics Questions & Answers

  Conjugate subgroups homomorphisms and isomorphisms

Direct Products of Groups, Conjugate Subgroups, Homomorphisms and Isomorphisms, Assume that K is a cyclic group, H is an arbitrary group and f1 and f2 are homomorphisms from K into Aut(H) such that f1(K) and f2(K) are conjugate subgroups of Aut(H)

  Specify the sequence of transformations

specify the sequence of transformations that will yield the graph of the given function from the graph of f(x) =x^3

  Graphs-vertices and cycle length

A nontrivial graph G is called prime if G = G_1 x G_2 implies that G_1 or G_2 is trivial. Show that if a connected graph G has a vertex which is not in a cycle of length four, then G is prime.

  How fast are the the two ships approaching

At noon, ship A is 65 km due north of ship B. Ship A is sailing south at 14 km/hr and ship B is sailing east at 16 km/hr. How fast are the the two ships approaching each other 5 hours later at 5:00?

  Draw a decision tree to model this problem

Compare the results for 1 and 2, and debate if testing improves the company's decision-making ability.

  Utilize a rational expression to represent the sum

One number is two less than another. Use a rational expression to represent the sum of the reciprocals of the two numbers.

  Homework problem 1 using graphing strategy plot the graph

ltbrgt ltbrgtproblem 1. ltbrgtusing graphing strategy plot the graph of the function fx 2x3 3x2 -12x ltbrgt ltbrgt

  Closest approach between two boats

Mike, who is standing on the deck of a yacht that is traveling due west at 6km/h, sees a sailboat sailing southwest at 4km/h, 3 km northwest of the yacht. How close to each other do these boats get?

  Find the probability that 2 are from town a

At the first tri-city meeting, there are 8 people from town A, 7 people from town B, and 5 people from town C. If a council consisting of 5 people is randomly selected, find the probability that 2 are from town A and 3 are from town B.

  What is the length of the guy wire

angle of 58 degrees with level ground. At a point 29 feet from the base of the tower and in line with the base of the guy wire, the angle of elevation to the top of the tower is 27 degrees. What is the length of the guy wire?

  How many lunch tickets can they sell today

The school cafeteria has found that they go through 10 sandwiches for every 8 tickets they sell to the students. Today they have 720 sandwiches available. How many lunch tickets can they sell today?

  Draw the unit circle and plot the point

Draw the unit circle and plot the point P=(3,2). Observe there are TWO lines tangent to the circle passing through the point P. Answer the questions below with 3 decimal places of accuracy.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd