A sample of size n = 89 has sample mean x = 87.2 and sample standard deviation
Question:
A sample of size n = 89 has sample mean ̄x = 87.2 and sample standard deviation s = 5.3.
a. Construct a 95% confidence interval for the population mean σ.
b. If the confidence level were 99%, would the confidence interval be narrower or wider?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
This activity presumes that you have already worked through Activity 9.1. In Section 9.2, it was suggested that a confidence interval of the form where is an alternative to the usual large-sample z...
-
Open the applet (available in Thomson NOW at www.thomsonedu.com/login) called Confidence Intervals. You should see a screen like the one shown. Getting Started: If the Method box does not say Means,...
-
A June 2012 Rasmussen Poll showed that 65% of its randomly selected U.S. adults were opposed to banning super-size sugary soft drinks, with a margin of error of 3 percentage points and a 95%...
-
1. You are required to compare the results of your printed reports and the results of reports of the MYOB assignment book in your MYOB assignment. If it is assumed that two results of the reports are...
-
An electronic system is made up of two components connected in parallel. Consequently, the system fails only when both of the components fail. The probability the first component fails is 0.05 and,...
-
Solve the given systems of equations graphically by using a calculator. Find all values to at least the nearest 0.1. x 3y = 2 2x + y = 16
-
A simple random sample of 1200 adult Americans is selected, and each person is asked the following question: In light of the huge national deficit, should the government at this time spend additional...
-
A problem with a telephone line that prevents a customer from receiving or making calls is upsetting to both the customer and the telecommunications company. The file Phone contains samples of 20...
-
On October 1, 2020, Mertag Company (a U.S.-based company) receives an order from a customer in Poland to deliver goods on January 31, 2021, for a price of 1,020,000 Polish zloty (PLN). Mertag enters...
-
It?s Aa Grindd Coffee Shop It?s A Grind Coffee Shop is an Oakland, California, neighborhood coffee shop. Besides serving gourmet coffee, It?s A Grind dishes up sandwiches and desserts. Local bands,...
-
A sample of size n = 35 has sample mean x = 34.85 and sample standard deviation s = 17.9. a. Construct a 98% confidence interval for the population mean . b. If the confidence level were 95%, would...
-
A sample of size n = 44 has sample mean x = 56.9 and sample standard deviation s = 9.1. a. Construct a 98% confidence interval for the population mean . b. If the sample size were n = 30, would the...
-
Is Better Accounting the Solution to All of Lifes Problems? Your friend has just completed an introductory accounting course. She has heard that you are now taking accounting, and she has come to...
-
Hammond Inc. experienced the following transactions for 2011, its first year of operations: 1. Issued common stock for \(\$ 80,000\) cash. CHECK FIGURES b. Net Income: \(\$ 62,520\) Total Assets:...
-
Following are the current prices and last years prices of a gallon of regular gas at a sample of 14 gas stations. Can you conclude that the median price is different now from what it was a year ago?...
-
A sample of nine men participated in a regular exercise program at a local gym. They were weighed both before and after the program. The results were as follows. Can you conclude that the median...
-
Pink Jeep Tours offers off-road tours to individuals and groups visiting the Southwestern U.S. hotspots of Sedona, Arizona, and Las Vegas, Nevada. Take a tour of the companys Web site at...
-
The following are unrelated accounting practices: 1. Pine Company purchased a new \(\$ 30\) snow shovel that is expected to last six years. The shovel is used to clear the firm's front steps during...
-
What is the value provided by geospatial analytics?
-
One hundred pounds of water at atmospheric pressure are heated from 60F to 200F. What is the enthalpy change? The internal energy change? Why is the difference between the internal energy change and...
-
Quilcene Oysteria farms and sells oysters in the Pacific Northwest. The company harvested and sold 7 , 7 0 0 pounds of oysters in August. The company s flexible budget for August appears below:...
-
What is a sustainable strategy? Group of answer choices a strategy that uses the Balanced Scorecard to facilitate successful strategy implementation a strategy that emphasizes green technologies,...
-
On May 1, 2021, Markham Inc. purchased equipment valued at $150,000 from Lowrey Ltd. in exchange for a three-year, 5% note payable. All interest and principal will be paid on May 1, 2023. The...
Study smarter with the SolutionInn App