Question
Question 11: Assume that weights of people are normal distributed with mean u Kg and standard deviation 5 Kg. We select a random sample
Question 11: Assume that weights of people are normal distributed with mean u Kg and standard deviation 5 Kg. We select a random sample of size 64 persons. We found that the mean of this sample equals 76 Kg. a) If the estimator is used to estimate u, what is the margin error for this replacement if we use 99% confidence level? b) Determine 99% confidence interval for the mean of people weights. c) If the margin error 8 = 1.01 (for 99% confidence level), what is the sample size (n) that should be withdrawn? -5-
Step by Step Solution
3.33 Rating (159 Votes )
There are 3 Steps involved in it
Step: 1
M85n a 999 CIY Margin 9001 of ommex2 V...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappetta
22nd edition
9781259566905, 978-0-07-76328, 77862279, 1259566900, 0-07-763289-3, 978-0077862275
Students also viewed these Mathematics questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App