Assuming that all else remains constant, what happens to the length of a 95% confidence interval for
Question:
Assuming that all else remains constant, what happens to the length of a 95% confidence interval for a population parameter when the sample size is reduced by half? You can assume that the resulting sample size is still quite large. Justify your answer.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
The width of the interval dec...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Business Analytics Data Analysis and Decision Making
ISBN: 978-1133629603
5th edition
Authors: S. Christian Albright, Wayne L. Winston
Question Posted:
Students also viewed these Business questions
-
Chaneys Fatburner Gyms, Inc. operates a chain of exercise facilities throughout the Midwest. The firm appeals to middle-aged men who suffer from obesity problems and want to improve their health by...
-
How will the price of AT&Ts stock change if investors decide they want to earn a higher return for purchasing the stock? Assume all else remains constant. Will the price of AT&Ts stock change if the...
-
Diego Company manufactures one product that is sold for $80 per unit in two geographic regions-the East and West regions. The following information pertains to the company's first year of operations...
-
Consider the plane stress inhomogeneous case with only variation in elastic modulus given by E = E(y) = 1/ (Ay + B). Further assume that the Airy function depends only on y, = (y). Show that...
-
Find r2 for the 2p1 state of the hydrogenlike atom.
-
Suppose that the spring of Example 1 is immersed in a fluid with damping constant c = 40. Find the position of the mass at any time t if it starts from the equilibrium position and is given a push to...
-
PR 5-2 Does noncontrolling interest represent a liability or an equity in the consolidated balance sheet?
-
You now have $3000. You will toss a fair coin four times. Before each toss you can bet any amount of your money (including none) on the outcome of the toss. If heads comes up, you win the amount you...
-
Waller, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 20 years to maturity twith a current price of $854. The issue makes semiannual payments and has...
-
1. Are Sears and Kmart exploiting disadvantaged consumers? Explain why or why not. 2. Low-income consumers often don't have bank accounts and credit cards. Describe how some financial institutions...
-
Create a histogram of the time until first failure for this type of disc player. Then find a 95% confidence interval for the mean time until failure for this type of disc player. Does the shape of...
-
Suppose you have a list of salaries of all professional athletes in a given sport in a given year. For example, you might have the salaries of all Major League Baseball players in 2012. Does it make...
-
The following table shows the number of video games sold worldwide for the five highest selling video games, all formats combined, in 2018. Title Units Sold Red Redemption 2 . . . . . . . . . . . . ....
-
The combined weight of the load and the platform is 200 lb, with the center of gravity located at G. If a couple moment of M = 900 lb ft is applied to link AB, determine the angular velocity of links...
-
Due In: 06:48:23 Questions Question 1 (4) O Question 2 (8) Question 2 of 2 A company sold $150,000 bonds and set up a sinking fund that was earning 8.5% compounded semi-annually to retire the bonds...
-
Find the point on the graph of f(x) = x which is closest to the point (6, 27). How close is the closest point?
-
Due to a crash at a railroad crossing, an overpass is to be constructed on an existing level highway. the existing highway has a design speed of 50 mi/h. The overpass structure is to be level,...
-
Finding Bone Density Scores. In Exercises 37-40 assume that a randomly selected subject is given a bone density test. Bone density test scores are normally distributed with a mean of 0 and a standard...
-
Compare the exception-handling facilities of C++ with those of Ada. Which design, in your opinion, is the most flexible? Which makes it possible to write more reliable programs?
-
(a) Water flows through the nozzle of a garden hose. Find an expression for m in terms of line pressure P 1 , ambient pressure P 2 , inside hose diameter D 1 , and nozzle outlet diameter D 2 . Assume...
-
Provide an example of when you might want to take a cluster random sample instead of a simple random sample, and explain what the advantages of a cluster sample might be. Also, explain how you would...
-
Do you agree with the statement that non-response error can be overcome with larger samples? If you agree, explain why. If you disagree, provide an example that backs up your opinion.
-
When pollsters take a random sample of about 1000 people to estimate the mean of some quantity over a population of millions of people, how is it possible for them to estimate the accuracy of the...
-
ACC 2 0 2 Milestone One: Operational Costs Data Appendix You plan to open a small business for manufacturing pet collars, leashes, and harnesses. You have found a workshop space you can use for...
-
Explain the following: Understand the PPE acquisition (or investing) cycle and related significant transactions and source documents Understand the relevant assertions/objectives about PPE balances...
-
Problem 3 Progress Company acquired 6 0 % of Stall Corporation on 1 2 0 2 0 . Fair values of Stall's assets and liabilities approximated book values on that date. Progress uses the initial value...
Study smarter with the SolutionInn App