Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

A random sample of n = 121 sales invoices was taken from the very large population of such invoices, and the avergae value was found to be $47.50 with the sample standard deviation of  $7.50. Find out the 90% confidence interval for mean value of all invoices. Compare this interval with that obtained under the simplifying assumption that population standard deviation is equal to sample standard deviation.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M921218

Have any Question? 


Related Questions in Statistics and Probability

1nbspthe owner of a professional basketball team claims

1) The owner of a professional basketball team claims that the mean attendance at games is over 25,000 and therefore the team needs a new arena. Determine whether the hypothesis test for this claim is left-tailed, right- ...

Consider a normal population with mu 47 and sigma 6

Consider a normal population with μ = 47 and σ = 6. Calculate the z-score for an x of 46.3 from a sample of size 26. (Give your answer correct to two decimal places.

1 write the general form of a regression equation that has

1. Write the general form of a regression equation that has a single predictor variable. Identify the criterion variable, the predictor variable, the regression constant, and the regression coefficient. 2. A regression e ...

The average number of pages in a novel is 326 with a

The average number of pages in a novel is 326 with a standard deviation of 24 pages. If a sample of 50 novels is randomly chosen, what is the probability the average number of pages in these books is between 319 and 331?

Regression analysiscalculate then explaininterpret the

Regression analysis Calculate then explain/interpret the following 14 tasks/tests using the dependent variable (labeled Y)(Sales) and the independent variables (labeled X1 (Calls), X2 (Time), and X3(Years)). Attached is ...

A student scored 81 on a chemistry test and 75 on a history

A student scored 81 on a chemistry test and 75 on a history test. For the chemistry test, the mean was 70 and the standard deviation was 20. For the history test, the mean was 65 and the standard deviation was 8. Did the ...

What is the estimate for the difference between

What is the estimate for the difference between ‘False-rejects' by Inspectors 2 and 5? 0.8 3.7 4.2 0.0 3.5

1nbspa camp director is interested in the average number of

1. A camp director is interested in the average number of letters each child sends during his/her camp session. The population standard deviation is known to be 2.5. A survey of 45 campers is taken. The average from the ...

For planning purposes the landfill in mountainview

For planning purposes. the landfill in Mountainview estimates the weight of plastic to b e1.7 pounds per household each week. You have noticed a lit of plastics in the garbage in your neighborhood and want to test the cl ...

Box a has 2 green and 5 blue marbles in it box b has 9

Box A has 2 green and 5 blue marbles in it. Box B has 9 green and 6 blue marbles in it. A marble is drawn from Box A, transferred to Box B, and then a marble is drawn from Box B. What is the probability a blue marble was ...

  • 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

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro