A mining company needs to estimate the average amount of copper ore per ton mined. A random
Question:
A mining company needs to estimate the average amount of copper ore per ton mined. A random sample of 50 tons gives a sample mean of 146.75 pounds. The population standard deviation is assumed to be 35.2 pounds. Give a 95% confidence interval for the average amount of copper in the "population" of tons mined. Also give a 90% confidence interval and a 99% confidence interval for the average amount of copper per ton.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
n 50 14675 352 95 CI 14675 196352 1...View the full answer
Answered By
Gabriela Rosalía Castro
I have worked with very different types of students, from little kids to bussines men and women. I have thaught at universities, schools, but mostly in private sessions for specialized purpuses. Sometimes I tutored kids that needed help with their classes at school, some others were high school or college students that needed to prepare for an exam to study abroud. Currently I'm teaching bussiness English for people in bussiness positions that want to improve their skills, and preparing and ex-student to pass a standarized test to study in the UK.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Complete Business Statistics
ISBN: 9780077239695
7th Edition
Authors: Amir Aczel, Jayavel Sounderpandian
Question Posted:
Students also viewed these Statistics questions
-
The Northwest Pacific Phone Company wishes to estimate the average number of minutes its customers spend on long-distance calls per month. The company wants the estimate made with 99% confidence and...
-
The manager of a local bank wanted to estimate the average number of depositors in their savings accounts A random sample of 20 clients indicated an average of 4750 and a standard deviation of 1200
-
A management consulting agency needs to estimate the average number of years of experience of executives in a given branch of management. A random sample of 28 executives gives x-bar = 6.7 years and...
-
The cost of a can of Coca Cola in 1960 was $0.10. The exponential function that models the cost of a Coca Cola by year is given below, where t is the number of years since 1960. C(t) = 0.10e0.0576t...
-
State whether the following statements are true or false, and explain why. a. In a perfectly competitive industry, the industry demand curve is horizontal, whereas for a monopoly it is...
-
The capital balances and income ratios in ABC Company are as follows. Partner Capital Balance Income Ratio Partner A $200,000 50% Partner B 102,000 30% Partner C 50,000 20% Instructions (a)...
-
17-10. What is an example of how the real (physical) and digital (virtual) worlds are converging?
-
A major focus of the trial in this case was BDO Seidmans consideration of, and response to, the red flags apparent during the 1995 HMI audit. Define or describe the phrase red flags. Explain the...
-
NEED HELP WITH QUESTIONS 3 - 1 0 PLEASE; fully filled out!!
-
TeleTech Corporation manufactures two different fax machines for the business market. Cost estimates for the two models for the current year are as follows: The firms management expects to operate at...
-
According to Money, the average price of a home in Albuquerque is $165,000. Suppose that the reported figure is a sample estimate based on 80 randomly chosen homes in this city, and that the...
-
A new low-calorie pizza introduced by Pizza Hut has an average of 150 calories per slice. If this number is based on a random sample of 100 slices, and the population standard deviation is 30...
-
After the accountant posted the adjusting entries for M. Wally, Designer, the work sheet contained the following account balances on May 31: Required 1. Write the owners name on the Capital and...
-
The requirement for extended disclosures for oil and gas reserves described in Chapter 2 followed a Congressional hearing on the poor disclosures that Shell Oil had for its reserves. A.Explain three...
-
Question 9 Big Data techniques implemented in the financial sector include: fraud detection O marketing email campaign O customer relationship management techniques O inventory analysis
-
Problem 8-19A Attaining notfonpmt entity variances The Redmond Management Association held its annual public relations luncheon in April Year 2. Based on the previous year's results, the organization...
-
Kay, who is not a real estate dealer, sold an apartment house to Polly during the current year (2020). The closing statement for the sale is as follows. Total selling price $190,000 Add: Polly's...
-
1 English Writing Requirement Assignment Guidelines Sem 1 2023-24 Subject code AAE1D02 Subject title Introduction to Space Exploration Credit value 3 CAR Teachers Prof. WEN Chih-Yung, Prof. WU Bo,...
-
The hydraulic jump may be used as a crude flow meter. Suppose that in a horizontal rectangular channel \(5 \mathrm{ft}\) wide the observed depths before and after a hydraulic jump are \(0.66...
-
In your readings, there were many examples given for nurturing close family relationships in this ever-evolving technological society we live in Based upon your readings and research describe three...
-
Write down the deformation rate matrix of fluid clusters and its three invariants? Explain the physical meaning of divergence?
-
(a) By hand, draw a scatter diagram treating x as the explanatory variable and y as the response variable. (b) Select two points from the scatter diagram and nd the equation of the line containing...
-
(a) By hand, draw a scatter diagram treating x as the explanatory variable and y as the response variable. (b) Select two points from the scatter diagram and nd the equation of the line containing...
-
(a) By hand, draw a scatter diagram treating x as the explanatory variable and y as the response variable. (b) Select two points from the scatter diagram and nd the equation of the line containing...
-
Saly paid $52,000 a year paid on a weekly basis. last pay she had $250 withheld in Income Tax, $48.97 for CPP and $15.80 for EI. an additional $and 25.00 in tax are deducted each pay. She allowed to...
-
Required information [The following information applies to the questions displayed below.] Dain's Diamond Bit Drilling purchased the following assets this year. Asset Drill bits (5-year) Drill bits...
-
Which of the following partnership items are not included in the self-employment income calculation? Ordinary income. Section 179 expense. Guaranteed payments. Gain on the sale of partnership...
Study smarter with the SolutionInn App