Which would produce confidence interval with smaller margin

Assignment Help Macroeconomics
Reference no: EM13224287

A researcher is interested in the size of the current balance of credit card holders. To estimate this, he obtains the size of the current balance of a random sample of 25 credit card holders. A 90% confidence interval for the mean current balance of credit card holders is found to be $662.72 +or- $44.70. Which of the following would produce a confidence interval with a smaller margin of error that this 90% confidence interval?

Reference no: EM13224287

Questions Cloud

What is your reaction to george gerbners theory : What is your reaction to George Gerbner's theory of the "Mean World Syndrome?" identify any real world situations you've experienced that would support his theories?
Discuss how these might change in the future and why : Identify two ways that healthcare organizations perform marketing related data capture that do not violate any regulatory stipulations. Analyze and discuss how these might change in the future and why.
Traditional methods of classifying a generation : Are traditional methods of classifying a generation still meaningful in a diverse and changing nation? Using a psychological, sociological, and behavioral viewpoints. In addition, show the traditional (demographic) methods for classifying generations..
Discuss the standards that were used in determining : Provide a brief summary of the facts and discuss the standards that were used in determining that a breach had occurred. Also discuss whether you agree or disagree with the findings.
Which would produce confidence interval with smaller margin : A researcher is interested in the size of the current balance of credit card holders. To estimate this, he obtains the size of the current balance of a random sample of 25 credit card holders. A 90% confidence interval for the mean current balance..
Cost control stategies of employer sponsored health plans : Compare cost control stategies of employer sponsored health plans, in which employers buy from insurance companies to self-funded health plans, in which employers cover costs of benefits. Include the following factors: Riders, enrollment periods, pro..
Explain acetic acid is placed in a flask and is titrated : 100.0 ml of 0.100 M acetic acid is placed in a flask and is titrated with 0.100 M sodium hydroxide. An appropriate indicator is used. Ka for acetic acit is 1.7 x 10^-5. Calculate the pH in the flask at the following points in the titration.
Analyze the case cola wars continue : Analyze the case Cola Wars Continue: Coke vs. Pepsi in the Twenty-First Century from the theoretical framework.
What is the expected profit of jrb : If the estimated demand for the book is 1500 copies, what is the expected profit (loss) of JRB?

Reviews

Write a Review

Macroeconomics Questions & Answers

  How much will you consume each period

Suppose you earn $1 million over your working life and the real interest rate for retirement saving is 50%. How much will you save and how much will you consume in each part of your life?

  New keynesian model with technology shocks

Discuss the real output and in ation expressions verbally - New Keynesian model with technology shocks

  How much will bank b keep as required reserves at a minimum

Consider a bank that receives an initial deposit of $1,000 and loans out the maximum from this that it can. This in turn is deposited into a second bank (which may technically be itself, but that doesn't change anything), which then loans out the ..

  Explain the presence of diminishing returns to capital

If there is an increase in the government budget deficit _______. the demand for loanable funds will increase, interest rates will increase, and the amount of borrowing will increase, the demand for loanable funds will decrease, interest rates will d..

  Discuss the specifics of any cases-examples you use

Discuss the specifics of any cases/examples you use and the implications of same on local citizens of that country.

  Government regulation on extraction of natural resources

Taxi fares in New York recently were increased by nearly 50%. Predict the effect on the price of taxicab medallions, the earnings of taxicab drivers and congestion in New York streets.

  Equilibrium output and efficient output

What divergences arise in equilibrium output and efficient output when spillover benefits and costs are present? Provide some 'real-life' occurrences.

  Oligopoly market structure with stackelberg model

You are the manager of a firm in a new industry. You have gotten the jump on the only other producer in the market.

  How would you expect the term premium to change

what would happen to the yield curve if investors were concerned about stability in foreign countries and rushed their money into the U.S to buy long-term treasury securities how would you expect the term premium to change

  Explain how would you relate the hiring practices

Explain how would you relate the hiring practices of that industry or industries to fluctuations in the business cycle.

  Describing externality on education

What are some of the positive externalities of education? Why may higher education offer fewer positive externalities than primary or secondary education?

  Adam smith''s theory of value and limitations

In this model of society no capital and no wage labor. The commodities are valued based on hours of labor that needed for the production.Based the above the only input that used to find the cost of a commodity is labor.

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