Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

99% confidence interval for mean.

The mean daily sales at the Stop and Go are $20,000 for a sample of 40 days. The standard deviation of the sample is $3,000.

What is the 99 percent confidence interval?

Interpret your findings.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M921713

Have any Question? 


Related Questions in Statistics and Probability

Let x0 x1 x2nbspbe three vectors in rn prove that these

Let x 0 , x 1 , x 2  be three vectors in R n . Prove that these vectors are affine independent if and only if none of them is a convex combination of the other two.

A car dealership has 6red12silver and 5black cars on the

A car dealership has 6red,12silver, and 5black cars on the lot. Ten cars are randomly chosen to be displayed in front of the dealership. Complete parts (a) through (c) below. (a) Find the probability that 4 cars are red ...

A biology instructor believes that the average quiz score

A Biology instructor believes that the average quiz score is a good predictor of final exam score. A random sample of 10 students produced the following data where x is the average quiz score and y is the final exam scor ...

1 draw a negatively skewed distribution2 what does it

1. Draw a negatively skewed distribution. 2. What does it indicate if a participant has a z-score of 2.5? -.80? .OO?

Recall that very satisfied customers give the xyz-box video

Recall that "very satisfied" customers give the XYZ-Box video game system a rating that is at least 42. Suppose that the manufacturer of the XYZ-Box wishes to use the 65 satisfaction ratings to provide evidence supportin ...

A bakery was taken to court for selling loaves of bread

A bakery was taken to court for selling loaves of bread that were underweight. These loaveswere advertised as weighing 24 ounces. In its defense, the bakery claimed that the advertisedweight was meant to imply not that e ...

Designing and writing a report on a statistical study of

Designing and Writing a Report on a Statistical Study of Your Own Select a question of your own to investigate using one of the hypothesis tests studied in this class.  Explain why you chose the particular question to in ...

Determine the linear regression model to predict the cost

Determine the linear regression model to predict the cost of a house. Given that the 145 is the estimated mean value of Y when X is zero and 7.4 is the estimated mean value of Y for every one unit change in X.

Exam - probability and stochastic modelspart a -q1 twelve

Exam - Probability and Stochastic models Part A - Q1. Twelve recruits were subjected to a selection test to ascertain their suitability for a certain course of training. At the end of training there were given a proficie ...

Starting in the 10th century movements to reform the church

Starting in the 10th century, movements to reform the church began. Why was the church in need of reform, and what were the consequences of the Gregorian Reforms? How did these reforms change society? 1 and a half page e ...

  • 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