Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

What is the minimum number of employees that should be sampled by a corporation if it wishes to estimate the true difference in the means of the number of years to retirement of its men and women employees to within one month of the true difference and with 95% confidence if the range of all the data is 6 years? Use the appropriate tables in your book.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9418877

Have any Question?


Related Questions in Statistics and Probability

A new type of soft drink from frackly inc is sold in 500

A new type of soft drink from Frackly Inc. is sold in 500 milliliter (ml) bottles. The mean volume of drink placed in a bottle is 490 ml with a standard deviation of 6.1 ml. Assuming a normal distribution of the data, wh ...

The length of time needed to complete certain test is

The length of time needed to complete certain test is normally distributed with mean 74 minutes and standard deviation 17 minutes. Find the probability that it will take more than 70 minutes to complete the test. 0.7035 ...

You want to retire in 35 years to fund the retirement you

You want to retire in 35 years. To fund the retirement, you deposit $25,000 into an account now, and you deposit $20,000 five years from now. You also plan to save an equal amount each year between now and 35 years from ...

Suppose a sample space has things ab and c twice draw from

Suppose a sample space has things a,b and c. Twice, draw from the sample space and replace. The possible sequences formed are {aa, ab, ac,ba,bb, bc,ca,cb,cc} Now suppose there are Y different things. There are Y ways the ...

A puck company wants to sponsor the players with the 10

A puck company wants to sponsor the players with the 10% quickest goals in hockey games. The times of first goals are normally distributed with a mean of 8.54 minutes and a standard deviation of 4.91 minutes. How fast wo ...

An aerospace company has submitted bids on two separate

An aerospace company has submitted bids on two separate federal government  defense contracts, AandB . The company feels that it has a 60% chance of winning contract Aand a 30% chance of winning contractB . If it wins co ...

Most analysts focus on the cost of tuition as the way to

Most analysts focus on the cost of tuition as the way to measure the cost of a college education. But incidentals, such as textbook costs, are rarely considered. A researcher at Drummand University wishes to estimate the ...

One of your customers has just made a purchase in the

One of your customers has just made a purchase in the amount of $19,200. You have agreed to payments of $335 per month and will charge a monthly interest rate of 1.11 percent. How many months will it take for the account ...

Discuss two types of costs amp two types of

Discuss two types of costs & two types of benefits(excluding tax shield and EPS) that would potentially arise from the leveraged recapitalization( a firm proposed a leveraged recapitalization which could create immediate ...

Star corp is considering investing in new equipment to

Star Corp. is considering investing in new equipment to serve more customers. You have been asked to determine the required return of Star Corp's common equity, assuming that the firm will raise new equity financing to f ...

  • 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