Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

A market research firm desires to conduct a survey to estimate average amount spent by visitors to in 20.   History tells us the population standard deviation is $398.

a) How large does my random sample size (n) require to be in order to be at the 95% confidence interval?

b) How large does my random sample size (n) require to be in order to be at the 98% confidence interval?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M918589

Have any Question? 


Related Questions in Statistics and Probability

Find the indicated area under the standard normal curve to

Find the indicated area under the standard normal curve. To the left of z= - 1.96 The area to the left of z = -1.96 under the standard normal curve is __.(Round to four decimal places as needed.)

A simple random sample of 120 men results in a mean of 80

A simple random sample of 120 men results in a mean of 80 beats per minute, and a standard deviation of 11 beats per minute. Based on the sample results, the researcher concludes that the pulse rates of men have a standa ...

Assignment- sampling distributions and estimation

Assignment- Sampling Distributions and Estimation; Hypothesis Testing 1. In a simple random sample from a population of several hundred that's approximately normally distributed, the following data values were collected. ...

At stats high there is a difficult exam that every junior

At Stats High, there is a difficult exam that every junior takes. Over the last 5 years, the exam results are normally distributed with a mean of 35% and a standard deviation of 7%. If your friend takes the exam and rece ...

Explain how you would conduct the study in given question

Explain how you would conduct the study in given question as a within-subjects design. Question:- Imagine that you were conducting an experiment to examine the effect of generous role models on children's willingness to ...

Lazer incorporated purchased a delivery van for 29000 its

Lazer Incorporated purchased a delivery van for $29,000. Its useful life is estimated as 5 years, with a salvage value of $2,000. Using the sum-of-the-years' digits depreciation method, calculate the book value at the en ...

You are an economic consultant whose task is to investigate

You are an economic consultant whose task is to investigate whether there is gender discrimination with respect to earnings in the government of Little Rock. You take a random sample of 22 people of which 10 are women an ...

A sample of office assistants across the san francisco-bay

A sample of office assistants across the San Francisco-Bay Area was created. You want to build a model that will allow you to best predict a starting salary of potential new hires.  It was suggested that the data should ...

1 the waiting time t between successive occurrences of an

1. The waiting time T between successive occurrences of an event E in a discrete time renewal process has the probability distribution P(T =1) = 0.7, P(T = 2) = 0.3. (iii) If an observer arrives after the renewal process ...

For a regression equation cancellations is my dependent

For a regression equation, "cancellations" is my dependent variable and I want to know how many cancellations will be at 6pm since hour is my independent variable. However, my "hour" variable is in data that ranges from ...

  • 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

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

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen