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The quick method for a confidence interval for a proportion uses p ±1/√n as an approximation for a 95% confidence interval. The margin of error in this case is slightly larger than necessary. Suppose that a simple random sample of 500 motorcycle registrations finds that 68 of the motorcycles are Yamahas. Give a 95% confidence interval for the proportion of motorcycles in the population that are Yamahas using the quick method of chapter 3 and then by the more precise method of chapter 21.
What does the confidence level of a confidence interval tell you?
Suppose that a population has mean, µ, and standard deviation, σ. What does the central limit theorem tell us about the distribution of the sample mean?
Government regulations indicate that the total weight of cargo in a certain kind of airplane cannot exceed 310 kg. On a particular day a plane is loaded with 100 boxes of a particular item only. Historically, the weight distribution for the individual boxes of this variety has a mean of 3.2 kg and standard deviation 0.4 kg.
a. Interpret the meaning of the "a mean of 3.2 kg" in terms of repeated samplng.
b. what is the distribution of the sample mean weight for the boxes (give the name of the distribution and appropriate parameter values)?
c. What is the probability that the government regulation is met?
What would be the cutoff score to indicate a score that is in the top 15% of the scores on a test with a mean of 100 and a standard deviation of 15?
Reproduction rates: if the majority of births are those of boys the population is bound to decrease while the reverse will be the case if the majority of births are girls. Similar
what i6 the relevance of cost classification?
Characteristics of index number
SCENARIO It is proposed to construct a 3m diameter, 50m long tunnel, heading 0950, through the andesite lava flow at Maori Bay (Muriwai). As part of the preliminary investigati
Fertility: In order to study at which speed, at which the population is increasing, fertility rates are used which are of various types? Important among these are: Crude birth rat
Consider a population of consumers uniformly distributed along the interval from left-hand (x = 0) to right-hand (x=1). The mass of consumers is 1. There are two firms (F1 and F2)
What is cash flow net of tax? I view income net of tax as the money spent without the earnings tax savings when the quantity is insurance deductible on the corporation’s earnin
Project I The trial balance of the Parton Wholesale Company contained the following accounts at December 31, 2010 the end of the company’s calendar year. PARTON WHOLESALE COMPA
#question.questionnaire on drug abuse, its implication on youth educational achievements.
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