Of 43 bank customers depositing a check, 18 received some cash back. (a) Construct a 90 percent
Question:
Of 43 bank customers depositing a check, 18 received some cash back.
(a) Construct a 90 percent confidence interval for the proportion of all depositors who ask for cash back.
(b) Check the normality assumption of p.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 92% (13 reviews)
a b We can assume normal...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
4.30+
2+ Reviews
10+ Question Solved
Related Book For
Essential Statistics In Business And Economics
ISBN: 9781260239508
3rd Edition
Authors: David Doane, Lori Seward
Question Posted:
Students also viewed these Mathematics questions
-
Of 43 bank customers depositing a check, 18 received some cash back. (a) Construct a 90 percent confidence interval for the proportion of all depositors who ask for cash back. (b) Check the normality...
-
A 95% confidence interval for the proportion of all people who have salary greater than $85,000 has which of the following limits? a. 0.438 to 0.662 b. 0.452 to 0.648 c. 0.422 to 0.678 d. 0.468 to...
-
Construct a 95% percent confidence interval for the difference between two population means using the following sample data that have been selected from normally distributed populations with...
-
What are fintech risks?
-
Solve. a. (x - 2.3)2 = 25 b. (x + 4.45)2 = 12.25 c. (x - 3/4)2 = 25 / 16
-
In this chapter, we learned about several conflict-handling intentions. Each of these intentions involved two dimensionassertiveness (the degree to which one party attempts to satisfy his or her own...
-
2. At what date should a business combination be recorded?
-
In the insurance problem discussed in section 8.8 of this chapter, suppose that Thom is confident that he can invest his money to earn a 15% annual rate of return compounded quarterly. Assuming a...
-
On December 31, 2018, when the market interest rate is 14%, McCann Realty issues $1,000,000 of 15.25%, 10-year bonds payable. The bonds pay interest semiannually. McCann Realty received $1,065,793 in...
-
On January 1. Ruiz Company issued bonds as follows: Face Value: Number of Years: Stated Interest Rate: Interest payments per year 500,000 15 7% Required: 1) Calculate the bond selling price given the...
-
The combined city/highway fuel economy of a 2016 Toyota 4Runner 2WD 6-cylinder 4-L automatic 5-speed using regular gas is a normally distributed random variable with a range 17 mpg to 22 mpg. (a)...
-
Should p be assumed normal? a. n = 200, = .02 b. n = 100, = .05 c. n = 50, = .50
-
Suppose you own 50,000 shares of common stock in a firm with 2.5 million total shares outstanding. The firm announces a plan to sell an additional 1 million shares through a rights offering. The...
-
Your company has a Microsoft 365 E5 subscription. You need to review the Advanced Analysis tab on emails detected by Microsoft Defender for Office 365. What type of threat policy should you...
-
(a) The Bright company is evaluating a project which will cost Rs 1,00,000 and will have no salvage value at the end of its 5-year life. The project will save costs of Rs. 40,000 a year. The company...
-
Dispatcher Collins is retiring after 30 years on the job. If each of the 38 officers in the department contributes $9 for a retirement gift, what is the total amount that could be spent on this gift
-
XYZ CO Adjusted Trial Balance Debit Credit Cash Accounts receivable Office supplies Prepaid rent $ 40 850 1 490 1 530 4 000 Office equipment Accumulated Depreciation Accounts payable 7 000 $ 450 1...
-
What positive outcomes could result from implementing job enlargement, job rotation, and job enrichment in an organization with which you are familiar? What objections or obstacles might be...
-
Given that Y ~B(7, 0.6), find: a. P(Y = 7) b. P(Y = 5) c. P(Y 4) d. P(3
-
(a) With not more than 300 words, examine why Malaysia missed its 2020 targets to divert 40% of waste from landfills and increase recycling rates to 22%. (10 marks) b) Why arent Malaysian recycling?...
-
The pediatrics unit at Carver Hospital has 24 beds. The number of patients needing a bed at any point in time is N(19.2, 2.5). What is the probability that the number of patients needing a bed will...
-
Which of the following could not be probability density functions for a continuous random variable? Explain. a. f (x) = .25 for 0 x 1 b. f (x) = .25 for 0 x 4 c. f (x) = x for 0 x 2
-
The cabin of a business jet has a cabin height 5 feet 9 inches high. If a business traveler's height is N(59100, 2.70), what percentage of the business travelers will have to stoop?
-
question 6 Timely Inc. produces luxury bags. The budgeted sales and production for the next three months are as follows july. august september Sales, in units 1,115. 1229. 1302 Production. in units...
-
On May 12 Zimmer Corporation placed in service equipment (seven-year property) with a basis of $220,000. This was Zimmer's only asset acquired during the year. Calculate the maximum depreciation...
-
Power Manufacturing has equipment that it purchased 7 years ago for $2,550,000. The equipment was used for a project that was intended to last for 9 years and was being depreciated over the life of...
Study smarter with the SolutionInn App