Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Interval Estimation of a Population mean: population standard deviation unknown: 1. A survey of 30 prospective students showed that 70% would University of Indonesia Make

image text in transcribed
image text in transcribed
Interval Estimation of a Population mean: population standard deviation unknown: 1. A survey of 30 prospective students showed that 70% would University of Indonesia Make an estimate of 99% confident level for the proportion of prospective students who will vote University of Indonesia 2. The study was conducted on 20 samples of University of Indonesia Management Department students from a population of 1000 students to find out their average expenditure in one month. Of the 20 students, it was found that the average monthly expenditure was IDR 500,000 with a standard deviation of IDR 100,000. With a 95% confidence interval, estimate the monthly average expenditure interval for all University of Indonesia Management Department students. Selecting a Sample: 3. Describe the difference between a sample with a limited population and a sample with an unlimited population along with each example

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law Express Employment Law

Authors: David Cabrelli

7th Edition

1292295252, 978-1292295251

More Books

Students also viewed these Law questions

Question

4. What means will you use to achieve these values?

Answered: 1 week ago