Would it be unusual for the mean of a sample

Assignment Help Game Theory
Reference no: EM1391563

Assume that a population is normally distributed with a mean of 100 and a standard deviation of 15. Would it be unusual for the mean of a sample of 3 to be 115 or more? Why or why not?

Reference no: EM1391563

Questions Cloud

Explain launch of marketing and public relations program : Rosanna's, a chain of coffee shops, wishes to launch marketing and public relations program to promote its brand. Some ideas include. Developing the series of ads showing customers in store locations enjoying cup of coffee
Chance of detecting a difference : We expect two proportions to be about 0.20 and 0.30, and we want an 80%  chance of detecting a difference between them using a two-sided 0.05 level test.
Sony is losing revenue to music pirating : Sony is losing revenue to music pirating. To prevent further illegal copying of its music CDs, Sony has begun placing a software program called Rootkit on its music CDs
Finding chromosomes in the cells : If a cell with 2n=4 chromosomes failed to separate homologous chromosome pairs correctly during meiois, so that one pair went to one daughter cell and other cell received no copy,
Would it be unusual for the mean of a sample : Assume that a population is normally distributed with a mean of 100 and a standard deviation of 15. Would it be unusual for the mean of a sample of 3 to be 115 or more? Why or why not?
Write report which investigates cultural group : Search by using individual internet research and write down report which investigates cultural group in desired field. Explain what group is like in your own words.
The food and drug administration could use data : The Food and Drug Administration (FDA) could use data it has collected from millions of suspected drug-related adverse event reports and other electronic medical information to identify a pattern of adverse drug event
What body weight is considered underweight : What body weight is considered underweight (defined as in the bottom 10% for body weight)?
Explain eight elements in communication process : Using eight elements in communication process, examine what went wrong, why it went wrong, and how you might have been able to fix the problem?

Reviews

Write a Review

Game Theory Questions & Answers

  Test the claim when mean is less

A manufacturer makes ball bearings that are supposed to have a mean weight of 30 g. A retailer suspects that the mean weight is actually less than 30 g. The mean weight for a random sample of 16 ball bearings is 29.5 g. with a standard deviation o..

  Five-component system and three-component system

For what values of p is a 5-component system more likely to operate effectively than a 3-component system?

  P-value to the confidence interval for the mean

Suppose that you do a test for H0: μ = 6 against HA: μ &neq; 6 you obtain a sample mean of 6.5 and the test gives you a a p-value of 6%. We want to connect the p-value to the confidence interval for the mean.

  Experimental design class polled regarding number of hours

Samples of our students from an applied experimental design class were polled regarding the number of hours they spent studying for the last exam. All students anonymously submitted the number of hours on a 3x5 card.

  Distribution of the difference between means

What is the mean of the sampling distribution of the difference between means?

  Durbin-watson statistic

You are using the Durbin-Watson statistic to discover whether the value of your dependent variable at time t is related to its value at the previous time period.

  Approximation to the binomial

An injection molding machine produces golf tees that are 20.0% nonconforming. Using the normal distribution as an approximation to the binomial, find the probability that, in a random sample of 360 golf tees, 65 or less are nonconforming. Show you..

  Lottery game played by choosing four numbers

A certain lottery game is played by choosing four numbers from 1 to 15 (no repetition of numbers;order of the numbers does not matter).

  Nash equilibrium, aggregate payoff and dominant strategies

In a two player, one shot simultaneous move game each player can select strategy A or B. If both players select strategy A, each receives a payoff of $500.

  Probability-hypergeometric distribution

A finite lot of 40 digital watches includes 30% nonconforming units. Using the hypergeometric distribution, what is the probability that a sample of 6 will contain 3 nonconforming watches? Show your work.

  Dominant strategies

Assume two competitors every face important strategic decisions where payoff to each decision depends upon reactions of the competitor. Company A can select either row in the payoff matrix defined below,

  Return and the total risk for the optimal portfolio

Suppose the maximum risk value for a particular client is 0.4. What is the optimal allocation of investment funds among stocks, bonds, mutual funds and cash? What is the annual rate of return and the total risk for the optimal portfolio?

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