Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

A random sample a 16 Google managers yield the following information on annual salaries. The sample mean is $69,000, with a sample standard deviation of $4,000. What is the mean salary of all Google managers? What is the 95% confidence interval for the population mean?

Confidence interval - mean

95% confidence level

69000 mean

4000 std. dev.

16 n

2.131 t (df = 15)

2131.450 half-width

71131.450 upper confidence limit

66868.550 lower confidence limit

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9375501

Have any Question?


Related Questions in Statistics and Probability

A population has a mean mu79 and anbspstandard deviation

A population has a mean μ=79 and a standard deviation σ=24. Find the mean and standard deviation of a sampling distribution of sample means with sample size n=248 μx= ?Simplify your? answer. σx= rounded to three decimal ...

Your client wants to buy a business that provides financial

Your client wants to buy a business that provides financial advice to local small businesses. The firm generated $650,000 in cash flows during the previous year, and the discount rate to value firms in this sector is 11% ...

Let random variable x represent the number of heads when a

Let random variable x represent the number of heads when a fair coin is tossed two times.  (a) Construct a table describing the probability distribution.   x P(x) 0  1  2   (b) Determine the mean and standard deviation o ...

A merton corporation has a 6 percent semiannual coupon bond

a) Merton Corporation has a 6 percent semiannual coupon bond which has 5 years until maturity, and the yield to maturity is 8 percent. (i) What interest (coupon) payments do bondholders receive each year? (ii) At what pr ...

Babies weighing less than 55 pounds at birth are considered

Babies weighing less than 5.5 pounds at birth are considered "low-birth-weight babies." In the United States, 7.6% of newborns are low-birth-weight babies. The following information was accumulated from samples of new bi ...

Suppose a stock has just paid a 44 per share dividend d0

Suppose a stock has just paid a $4.4 per share dividend (D 0 ). The dividend is projected to grow at 15% for the  next three  years, then 6% thereafter indefinitely. What should be the amount of  dividend  in  four  year ...

Using chebysheffs theorm you have concluded that at least

Using Chebysheff's theorm, you have concluded that at least 77.66% of the 3,075 runners took between 60.5 and 87.5 minutes to complete the 10km race. What was the standard deviation of these 3,075 runners?

What are the benefits of a country having a positive

What are the benefits of a country having a positive Current Account and what are the benefits of a country having a negative Current Account?

Given the probability distribution functionx 0 1

Given the probability distribution function: x 0 1 2 Probability 0.25 0.50 0.25 a. Graph the probability distribution function. b. Calculate and graph the cumulative probability distribution. c. Find the mean of the rand ...

What is the theory behind callable bonds and when are they

What is the theory behind callable bonds and when are they most likely to be called?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As