(Answered) A random sample ofnbsp19nbspcollegenbspmens basketball

Economics

A random sample of 19 college? men's basketball games during the last season had an average attendance of 5,046 with a sample standard deviation of 1,753.

a. Construct a 99?% confidence interval to estimate the average attendance of a college? men's basketball game during the last season.

The 99?% confidence interval to estimate the average attendance of a college? men's basketball game during the last season is from a lower limit of to an upper limit of

b. What assumptions need to be made about this? population?

A.The only assumption needed is that the population size is larger than 30.

B.The only assumption needed is that the population distribution is skewed to one side.

C.The only assumption needed is that the population follows the normal distribution.

D.The only assumption needed is that the population follows the? Student's t-distribution.

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M93136541
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Economics

What is the effect of changes in gasoline prices on the

What is the effect of changes in gasoline prices on the demand for restaurant meals? Is gasoline an economic complement of restaurant meal Are restaurant meals an economic complement of gasoline

Help me solve the following questions please1 suppose we

Help me solve the following questions please. 1) Suppose we want to see if American children have higher levels of cholesterol than the average child (i.e., in the entire world - the total population). We find that the p ...

Identify at least five factors that are likely to cause the

Identify, at least, five factors that are likely to cause the increase in the demand for nurses and five factors that are likely to cause a decline in the supply of nurses, or the failure of supply to keep up with demand ...

During the winter of 2008-2009 the average utility bill for

During the winter of? 2008-2009, the average utility bill for residents of a certain state was ?$173 per month. A random sample of 30 customers was selected during the winter of? 2009-2010, and the average bill was found ...

Suppose winstons loud music externalizes a cost onto his

Suppose Winston's loud music externalizes a cost onto his neighbor, Chloe. Suppose Winston and Chloe decide to solve this problem using the Coase theorem. If they are successful, what is a possible result of the executio ...

Why did prior to 1945 nearly all neoclassical economists

Why did prior to 1945 nearly all neoclassical economists agreed that democracy and capitalism were natural enemies?

Suppose you are working for a regional residential natural

Suppose you are working for a regional residential natural gas utility. For a sample of 90 customer visits, the staff time per reported gas leak has a mean of 206 minutes and standard deviation 32 minutes. The VP of netw ...

Manny moe and jack have the following demand curves for

Manny, Moe and Jack have the following demand curves for pears: QManny = 100 - 2P = 70 - 2P + 10 Ppear + .25 YManny where P Pear = 2 and YManny = 40. QMoe = 300 - 4P = 80 - 4P + 35 Ppear + .75 YMoe where P Pear = 2 and Y ...

In lecture we discussed why the production possibilities

In lecture we discussed why the production possibilities frontier (the boundary of the production possibilities set) is bowed 'outwards'. When might the production possibilities set be bowed 'inwards'? Give an example of ...

What are the assumptions of linear regression analysis and

What are the assumptions of linear regression analysis and, How do we interpret the regression coefficients ,can u give a real life example of how linear regression is used in statistical research

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

Recent Questions

Ask Business Economics Expert