Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

The following sample of size 11 was taken from a population that is not normally distributed:
87 59 77 65 98 90 84 56 75 96 66
Construct a 99 percent confidence interval around the mean.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91774615

Have any Question?


Related Questions in Statistics and Probability

Suppose you are a statistics consultant hired to study

Suppose you are a statistics consultant, hired to study whether a tax on alcohol has decreased average alcohol consumption in Australia. For a given sample of randomly selected individuals, you are able to obtain the dif ...

The following frequency table summarizes the distances in

The following frequency table summarizes the distances in miles of 100 patients from a regional hospital. Distance           Frequency 0-2                  30 2-4                  35 4-6                  20 6-8           ...

How does the cost of capital affect capital investments

How does the cost of capital affect capital investments that the firm makes? Cite examples.

How can i describe the relationship between diversifiable

How can I describe the relationship between diversifiable risk and total risk, along with the role of Beta?

A financial planning licensee striving for excellence in

"A Financial Planning Licensee striving for excellence in their fiduciary duty has decided to set a maximum limit of gearing for all client financial plans they construct." Comment on the merit of taking such an approach ...

According to a research institution the average hotel price

According to a research? institution, the average hotel price in a certain year was ?$95.36. Assume the population standard deviation is ?$20.00 and that a random sample of 42 hotels was selected. a. Calculate the standa ...

The mean throwing distance of a football for a luis a high

The mean throwing distance of a football for a Luis, a high school freshman quarterback, is 50 yards, with a standard deviation of three yards. The team coach tells Luis to adjust his grip to get more distance. The coach ...

Your firm is contemplating the purchase of a new 585000

Your firm is contemplating the purchase of a new $585,000 computer-based order entry system. The system will be depreciated straight-line to zero over its five-year life. It will be worth $95,000 at the end of that time. ...

Jeremy needs to start paying back his student loan the

Jeremy needs to start paying back his student loan. The amount he owes is $14,069.80 with an APR of 6.94%. Assuming he will take 10 years, how much will his monthly payment be?

A normal distribution has a mean equal tonbsp45 what is the

A normal distribution has a mean equal to 45. What is the standard deviation of this normal distribution if 2.5% of the proportion under the curve lies to the right of  x  = 52.84?  (Round your answer to two decimal plac ...

  • 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