Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Question: Redo Problem using a sample size n = 100 with the same mean and standard deviation. Compare and discuss your results.

Problem: The air quality in a building is of interest to an environmental engineer. The mean air quality is measured in the form of the amount of pollutant in the air in parts per million (ppm). The mean amount of pollutant can be assumed to have a normal probability distribution with a mean (μ) and standard deviation (σ). The standard deviation of pollutant (σ) is known to be 0.2 ppm. The air quality based on the records of the building has a mean of 3 ppm and a standard deviation of 0.2 ppm. A sample of n = 10 was collected. The sample resulted in a mean of 2.7 ppm. Determine:

(a) the posterior mean pollutant concentration,

(b) the posterior standard deviation, and

(c) the 95% confidence intervals for the mean concentration based on prior and posterior information.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92581831

Have any Question?


Related Questions in Statistics and Probability

1 define organizational communication2 what interesting

1. Define organizational communication 2. What interesting about the subject of organizational communication

Ann and bill play rock-paper-scissors each has a strategy

Ann and Bill play rock-paper-scissors. Each has a strategy of choosing uniformly at random out of rock, paper, and scissors every round (making independent selections each round). Each round can end in a win, loss, or a ...

1nbspfind the probability that among 16 randomly selected

1) Find the probability that among 16 randomly selected people; at least 4 believe that college is no longer a good investment. P ( x > or = 4), n=16, p=0.1 2) Find the probability that among 16 randomly selected people; ...

Would you actually build a contingency chart for this

Would you actually build a contingency chart for this question or is this just probability basics? Bob sets two battery powered alarm clocks to make sure he wakes up in time for his 8 AM accounting test. Each alarm clock ...

As parts come off a production line they are stored in

As parts come off a production line they are stored in trays capable of holding 30 parts each. If the average tray contains 6 defective parts and you sample only 1 part from each tray, what is the probability that the pa ...

It has been argued that although there may be more claims

It has been argued that although there may be more claims when road conditions are slippery in the winter, this should not affect the average claim. Malpeque took a sample of 50 claims from the winter of 2018 and found t ...

A stocks price fluctuations are approximately normally

A stock's price fluctuations are approximately normally distributed with a mean of $26.94 and a standard deviation of $3.54. You decide to sell whenever the price reaches its highest 10% of values. What is the highest va ...

Question 1 find the area between -88 standard deviations

Question 1: Find the area between .-88 standard deviations below the mean and 2.35 standard deviations above the mean. '88=.3106 and 2.3=.4906 Both figures are added .3106+.4906= .8012 which is 80.12% Question 2: The are ...

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 ...

Penney wishes to borrow 75000 today for the purchase of

Penney wishes to borrow $75,000 today for the purchase of bakery equipment. She have an agreement with their commercial banker that she can borrow money at an annual rate of 7.75%. How much will she owe if she repay the ...

  • 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