Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Question: After regular complaints of tire blowouts on the Yamuna Expressway, in an automotive test conducted by the authorities, the average tire pressure in a sample of 62 tires was found to be 24 pounds per square inch and the standard deviation was 2.1 pound per square inch.

a. What is the estimated population standard deviation for this population?

b. Calculate the estimated standard deviation error of the mean.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92247606

Have any Question?


Related Questions in Statistics and Probability

You work for a firm that manufactures dvd players your dvd

You work for a firm that manufactures DVD players. Your DVD players last an average of 800 days with a standard deviation of 200 days. You want to set the warranty length such that you only have to replace 1.5% of all th ...

Assume a firm has 45 million in operating profit the firms

Assume a firm has $45 million in operating profit. The firm's tax rate is 40%. What is the tax shield of the firm's $38 million in debt that charges a 10% interest rate?

What is correct alternative hypothesis for the claim that

What is correct alternative hypothesis for the claim that the average professional basketball player is at least 6' 9" tall. And Answer "True" if the statement is always true. If the statement is not always true, replace ...

A sample of 175 randomly selected students found that the

A sample of 175 randomly selected students, found that the proportion of students planning to travel home for thanksgiving is 0.64 What is the standard deviation of the sampling distribution.

Suppose a sampling space has things a b and c twice draw

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

Two candidates face each other in an election the

Two candidates face each other in an election. The Democratic candidate is supported by 58% of the population, and the Republican candidate is supported by 42%. In other words, if you randomly chose a voter and asked the ...

1 suppose you purchase anbsp30-year zero-coupon bond with a

1) Suppose you purchase a 30?-year, ?zero-coupon bond with a yield to maturity of 6.5 % You hold the bond for five years before selling it. i.  If the? bond's yield to maturity is 6.5 % when you sell? it, what is the ann ...

Boxes of sugar are filled by machine with considerable

Boxes of sugar are filled by machine with considerable accuracy. The distribution of box weights is normal and has a mean of 32 ounces with a standard deviation of only 2 ounces. A quality control inspector takes a sampl ...

The risk rate of return is currently 005 whereas the market

The risk rate of return is currently 0.05, whereas the market risk premium is 0.05. if the beta of RKP, inc ,stock is 1.9 , then what is the expected return on RKP?

Your bank has 153 million in loan commitments which are now

Your bank has $153 million in loan commitments which are now being drawn upon. You aren't sure, but you are beginning to think that the bank may have some problems now. What sort of risk are you connected about, and how ...

  • 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