Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Consider an experiment in which one measures the radii of a ball bearings (in cm). The average radius of the ball is unknown. However, the standard deviation of the radii measurement is 70 cm.

a. A sample of 25 measurements has an average of 185 cm. If it is possible, find the 90 % confidence interval for the true average radius of the data set. If it is not possible to do so, then say so.

b. A sample of 49 measurements has an average of 185 cm as well. If it is possible, find the 90 % confidence interval for the true average radius of the data set. If it is not possible to find the interval, then say so.

c. With 90% confidence, compute the maximum error between the sample average of the 49 radii measurements of the previous problem and the true average radius of the data set.

d. With 90% confidence, compute the minimum sample size N, necessary to ensure that the error between the true average radius and the sample average radius of the N measurements is less than or equal to 10 cm. Assume again that the standard deviation of all the measurements is 70 cm.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92569476
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

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?

In a certain city a school administrator hypothesized that

In a certain city, a school administrator hypothesized that students enroll in school within 5 km from their homes. To check this claim you asked 30 student from the said city and you found that the mean distance between ...

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?

In a survey of 3439 adults 1418 say they have started

In a survey of 3439 adults, 1418 say they have started paying bills online in the last year. Construct a? 99% confidence interval for the population proportion. Interpret the results.

1 you consider buying both stock a and stock b to make a

1.) You consider buying both Stock A and Stock B to make a portfolio to reduce some unsystematic risk. Both stocks will be weighted equally in the portfolio. Stock A has an expected return of 11% and a standard deviation ...

Let x be a continuous random variable suppose that we know

Let X be a continuous random variable. Suppose that we know that Pr(X 5), and how do you know? (Hint: X is not necessarily normally distributed, but you can still consider how much area is under the curve, no matter the ...

The times that customers spend in a book store are normally

The times that customers spend in a book store are normally distributed with a mean of 39.5 minutes and a standard deviation of 15.9 minutes. A random sample of 25 customers has a mean of 36.1 minutes or less. Would this ...

Table 1 fasting bloodfbs of group afbs of group

Table 1. Fasting Blood FBS of Group A FBS of Group B 95  90 100 100 125 125 175 200 250  550 1. What is the mean fasting blood sugar value for each group? What is the median? Mode? Group A: mean:145, median: 125, mode: n ...

1 if you deposited 2000 today in an account that gave you 5

1. If you deposited $2,000 today in an account that gave you 5% APR compounded interest, how much would you have in 10 years? 2. Suppose you want $5,000 in your bank account when you graduate in four years, how much woul ...

A population has a mean of 150 and a standard deviation of

"A population has a mean of 150 and a standard deviation of 21. If a random sample of 49 is taken, what is the probability that the sample mean is between 152.5 and 157.5 using z scores?"

  • 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