Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

A grocery store takes a random sample of 200 customers. The average check-out time is 4 minutes with a standard deviation of two minutes.

1) A random sample of 244 observations has a mean of 10, a median of 12 and a mode of 33. The population deviation is known to equal 2.8. the 95.44% confidence interval for the population mean is?

2) The following random sample was collected: 22 33 44 6 The 80% confidence interval for the mean is?

3) A random sample of 200 people was taken. Sixty percent of the people favor President Obama. The 95% confidence interval for the true population of people who favor Obama is?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9359958

Have any Question?


Related Questions in Statistics and Probability

A normal distribution has a mean equal to 43 what is the

A normal distribution has a mean equal to 43. What is the standard deviation of this normal distribution if 2.5% of the proportion under the curve lies to the right of  x  = 46.92? (Round your answer to two decimal place ...

The probability that a shot will hit the target is 002

The probability that a shot will hit the target is 0.02. Successive shots are independent of each other. What is the probability that at least one out of four shots will hit the target?

Jeremy needs to start paying back his student loan the

Jeremy needs to start paying back his student loan. The amount he owes is $14,069.80 with an APR of 6.94%. Assuming he will take 10 years, how much will his monthly payment be?

Question 1 many high school students take the ap tests in

Question 1. Many high school students take the AP tests in different subject areas. In 2007, of the 144,796 students who took the biology exam 84,199 of them were female. In that same year,of the 211,693 students who too ...

Use the information below to answer the questions that

Use the information below to answer the questions that follow : While the Mars candy company no longer reports the percentages of each color M&M that are produced, they had previously reported the following: 13% brown  1 ...

Amy currently has 500 in an account with an annual rate of

Amy currently has $500 in an account with an annual rate of return of 4.3%. She wants to have $3000 for a trip to Florida when she graduates in 2 years. How much will she have to save each month to afford her trip?

Suppose that a fair 6 sided die is rolled let x indicate

Suppose that a fair, 6 sided die is rolled. Let X indicate the event that an odd number is rolled (in other words, X = 1 if an odd number is rolled and X = 0 otherwise). Let Y indicate the event that 2, 3, or 4 is rolled ...

Net present valuenbspriggs corp management is planning to

Net present value:  Riggs Corp. management is planning to spend $650,000 on a new- marketing campaign. They believe that this action will result in additional cash flows of $325,000 over the next three years. If the disc ...

What is an important benchmark for any kind of business and

What is an important benchmark for any kind of business and for business how would you use break even in making business decisions?

The companys cleaning service states that they spend more

The company's cleaning service states that they spend more than 46 minutes each time the cleaning service is there. The company times the length of 37 randomly selected cleaning visits and finds the average is 47.6 minut ...

  • 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