Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

Big packages of M&M candies have a mean weight of 16 ounces with std deviation of .15 ounces. A researcher selects a random sample of 20 bags.

1) What is the mean of the distribution of sample means? (16?)

2) What is the standard deviation of the distribution of sample means? (.20?)

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M92788309
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Business Economics

The proposed american health care act will issue refundable

The proposed American Health Care Act will issue refundable tax credits (i.e. your paid health insurance premium can be refunded as tax credit) and eliminate the Obamacare subsidies (i.e. end the federal funding on Medic ...

Question1 indirect business taxes refer todepreciation

QUESTION1 (Indirect business taxes refer to) depreciation expenses. sales and local taxes paid by business. payments for low-skilled labor. dividend taxes paid by the corporation. QUESTION 2 (Labor productivity increases ...

What is marginal revenue for both perfect competition and

What is Marginal Revenue? For both Perfect Competition and Monopoly, explain the relationship between marginal revenue and demand.

Two countries australia and france have their interest

Two Countries Australia and France have their interest rates to be 8% and 2 %, respectively. If their currencies trade according to 2 Australian $s buy one euro in the spot market, what will their future spot rate be in ...

The blood glucose levels of wistar rats measured 2 hours

The blood glucose levels of Wistar rats measured 2 hours after eating (Postprandial Blood Glucose - PBG) are approximately normally distributed with mean 5.65 mmol/L and standard deviation 1.63 mmol/L. If a Wistar rat is ...

The standard deviation of the number of video game as

The standard deviation of the number of video game A's outcomes is 1.8940, while the standard deviation of the number of video game B's outcomes is 1.6179. Which game would you be likely to choose if you wanted players t ...

Economics - unemploymentwhat kind of monetary and fiscal

Economics - Unemployment What kind of monetary and fiscal policies could be introduced to reduce unemployment? Why would we expect these policies to have inflationary consequences? Illustrate your answer diagrammatically

Assume that these data are seven random observations taken

Assume that these data are seven random observations taken from a larger population whose values are normally distributed. (even if this assumption makes little sense) Using this assumption, coupled with prior computatio ...

If the coefficient of determination is 0738 what percentage

If the coefficient of determination is 0.738, what percentage of the data about the regression line is unexplained?

Given a binomial random variable x successes where the

Given a binomial random variable, X = # successes, where the sample size (n) and the probability of a success (p) are given on right, calculate P(X   n =20   p =0.3   a =2     Given a binomial random variable, X = # succ ...

  • 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